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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies50
  • 7D4.4%
  • 3M4.4%
  • 1Y56.2%
  • YTDn/a

The Tech Hardware Storage and Peripherals industry is up 3.2% in the last week, with Apple up 1.7%. Meanwhile, GPGI actually underperformed within the industry, shrinking 12% in the last week. This takes the industry's 12 month performance to a gain of 52%. Earnings are forecast to grow by 9.8% annually.

Industry Valuation and Performance

Has the U.S. Tech Hardware Storage and Peripherals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Aug 2026US$5.3tUS$618.4bUS$156.0b32.9x34.2x8.6x
Sat, 18 Jul 2026US$5.6tUS$587.7bUS$138.2b42.1x40.4x9.5x
Mon, 15 Jun 2026US$5.2tUS$587.7bUS$138.0b44.3x37.4x8.8x
Wed, 13 May 2026US$5.0tUS$584.2bUS$136.5b41.5x36.9x8.6x
Fri, 10 Apr 2026US$4.3tUS$556.2bUS$122.5b29x35x7.7x
Sun, 08 Mar 2026US$4.1tUS$553.2bUS$122.8b25.2x33.7x7.5x
Tue, 03 Feb 2026US$4.3tUS$545.7bUS$121.5b28.4x35.8x8x
Thu, 01 Jan 2026US$4.3tUS$514.0bUS$111.8b22.6x38x8.3x
Sat, 29 Nov 2025US$4.3tUS$512.8bUS$113.1b25.4x38.4x8.5x
Mon, 27 Oct 2025US$4.1tUS$504.7bUS$100.3b27.3x41.1x8.2x
Wed, 24 Sep 2025US$4.0tUS$504.4bUS$100.3b26.6x39.7x7.9x
Fri, 22 Aug 2025US$3.5tUS$502.8bUS$100.5b20.9x34.8x7x
Sun, 20 Jul 2025US$3.3tUS$500.2bUS$98.6b20.2x33.6x6.6x
Tue, 17 Jun 2025US$3.1tUS$500.2bUS$98.5b17.6x31.1x6.1x
Thu, 15 May 2025US$3.3tUS$499.7bUS$100.0b16.2x33.1x6.6x
Sat, 12 Apr 2025US$3.0tUS$494.0bUS$101.2b13.6x29.2x6x
Mon, 10 Mar 2025US$3.7tUS$494.0bUS$101.2b15.7x36.6x7.5x
Wed, 05 Feb 2025US$3.6tUS$479.7bUS$100.5b21.4x35.3x7.4x
Fri, 03 Jan 2025US$3.9tUS$473.9bUS$97.2b22.9x40.2x8.3x
Sun, 01 Dec 2024US$3.7tUS$472.7bUS$96.5b21.7x38.5x7.9x
Tue, 29 Oct 2024US$3.6tUS$467.4bUS$107.9b22.7x33.8x7.8x
Thu, 26 Sep 2024US$3.6tUS$466.0bUS$106.7b18.8x33.6x7.7x
Sat, 24 Aug 2024US$3.5tUS$465.2bUS$106.5b24.9x33.3x7.6x
Mon, 22 Jul 2024US$3.6tUS$457.1bUS$103.3b26.3x34.8x7.9x
Wed, 19 Jun 2024US$3.5tUS$457.1bUS$103.2b26.9x33.8x7.6x
Fri, 17 May 2024US$3.1tUS$456.7bUS$103.2b28.1x29.9x6.8x
Sun, 14 Apr 2024US$2.9tUS$457.8bUS$102.9b24.7x27.7x6.2x
Tue, 12 Mar 2024US$2.8tUS$457.8bUS$102.7b26.4x27.5x6.2x
Thu, 08 Feb 2024US$3.0tUS$458.7bUS$102.6b29x29.7x6.6x
Sat, 06 Jan 2024US$2.9tUS$454.7bUS$98.6b26.6x29.7x6.4x
Mon, 04 Dec 2023US$3.1tUS$455.3bUS$98.5b27.2x31.2x6.7x
Wed, 01 Nov 2023US$2.8tUS$452.8bUS$94.9b19x29x6.1x
Fri, 29 Sep 2023US$2.8tUS$453.9bUS$95.1b22.3x29x6.1x
Sun, 27 Aug 2023US$2.9tUS$453.8bUS$95.2b25.2x30.3x6.3x
Price to Earnings Ratio

30.3x


Total Market Cap: US$2.9tTotal Earnings: US$95.2bTotal Revenue: US$453.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 34x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Technology Hardware, Storage and Peripherals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 34.0x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 8.6x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Tech Hardware Storage and Peripherals compare with similar industries?

US Market-0.79%
Tech-2.73%
Tech Hardware4.37%
Tech Hardware Storage and Peripherals4.37%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
AAPL AppleUS$316.834.8%
+US$212.8b		40.2%PE35.9x
SNDK SandiskUS$1.57k16.7%
+US$29.4b		3,433.5%PE20.1x
WDC Western DigitalUS$462.091.8%
+US$10.1b		510.9%PE17.9x
HPQ HPUS$29.942.3%
+US$603.6m		13.1%PE10.7x
P EverpureUS$112.000.5%
+US$199.4m		101.7%PE164.5x

Latest News

AAPL
US$316.83
Apple
7D
4.8%
1Y
40.2%
WDC
US$462.09
Western Digital
7D
1.8%
1Y
510.9%
INFQ
US$12.50
Infleqtion
7D
1.1%
1Y
23.4%
HPE
US$53.13
Hewlett Packard Enterprise
7D
-9.6%
1Y
152.5%
Seeking Alpha • 14h

Hewlett Packard Enterprise's AI Networking Is Impressive, Even After The Rally

Summary Hewlett Packard Enterprise Company has surged over 130% YTD, driven by robust AI hardware and integrated solutions demand. HPE’s Q2 2026 results were exceptional: revenue up 40% YoY to $10.68B, gross margin expanded to 36.9%, and free cash flow hit $915M. Record backlog and strong AI bookings underpin raised guidance for 2026–2027, but supply chain constraints and execution risks remain critical. HPE stock trades at a discount to peers (~16x forward P/E), but much optimism is priced in; I favor a small position and would await a pullback. Read the full article on Seeking Alpha
SNDK
US$1,568.87
Sandisk
7D
16.7%
1Y
3,433.5%
STX
US$832.56
Seagate Technology Holdings
7D
-5.2%
1Y
425.6%
Narrative Update • Aug 18

STX: AI Storage Pricing Tailwind Will Eventually Confront HDD Cycle Reset Risk

Analysts have raised the Seagate Technology Holdings fair value estimate from $680.00 to about $705.49, citing higher projected revenue growth, stronger profit margins supported by improving hard disk drive pricing, and a lower assumed future P/E multiple in line with recent price target increases across the Street. Analyst Commentary Street research on Seagate Technology Holdings in 2026 has leaned positive, with many firms lifting price targets after recent earnings and guidance updates.
SMCI
US$36.58
Super Micro Computer
7D
-2.7%
1Y
-14.2%
New Narrative • Aug 17

Good-stock-not-great-company setup

SMCI is a good-stock-not-great-company setup: a narrow, cycle-renewed moat and structurally thin margins, but priced at ~3.9x our model's FY28E EBITDA with net cash, above-Street revenue momentum and a decaying trust discount. Our framework is appropriately hard-nosed, an 11.4% WACC which includes at 25bps FED rate hike, a DCF that embeds a 48% peak-to-trough AI capex bust, and applied multiples at 35-69% discounts to the 10.12x EV/EBITDA & 1.61x EV/REVENUE peer medians and it still produces a $55.85 blended target, 46.6% above our $38.09 reference price.
DELL
US$437.55
Dell Technologies
7D
-9.7%
1Y
240.6%
CRSR
US$11.35
Corsair Gaming
7D
-12.2%
1Y
38.4%
P
US$112.00
Everpure
7D
0.5%
1Y
101.7%
NTAP
US$194.48
NetApp
7D
-3.7%
1Y
79.4%
QUBT
US$8.42
Quantum Computing
7D
-5.6%
1Y
-42.4%
HPQ
US$29.94
HP
7D
2.3%
1Y
13.1%
Seeking Alpha • Aug 12

HP Q3 Preview: Why I'm Not Buying The PC Recovery

Summary Personal Systems finally became HP’s growth engine, with revenue growth accelerating from +8% to +13% even as unit growth eventually rolled over. The catch is that the recovery is getting harder. HP is leaning more on pricing and premium mix just as memory and storage costs are starting to bite margins. Printing turned out to be less of a headache than feared, while FCF and shareholder returns also improved enough to keep the broader value thesis alive. HPQ still looks cheap on the surface, but not screamingly cheap versus its own history. With Q3 set to test margins, I’m not buying the PC recovery just yet. Read the full article on Seeking Alpha
DBD
US$67.42
Diebold Nixdorf
7D
-6.1%
1Y
11.1%
CAN
US$0.24
Canaan
7D
16.3%
1Y
-64.4%
Narrative Update • Jul 14

CAN: Tether Immersion Mining And Buybacks Will Support Future Upside

Analysts have reduced their price target on Canaan to $1.69 from $2.05, citing updated assumptions that now factor in a small revenue decline, a higher discount rate, a slightly stronger profit margin, and a higher future P/E multiple. What’s in the News for Canaan Canaan reported unaudited bitcoin mining results for recent months, with 89 Bitcoins mined in March 2026, 90 Bitcoins in April 2026, 90 Bitcoins in May 2026, and 64 BTC in June 2026.
BGIN
US$1.99
Bgin Blockchain
7D
17.1%
1Y
n/a