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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedMay 30, 2026
DataAggregated Company Financials
Companies51
  • 7D2.5%
  • 3M26.1%
  • 1Y73.6%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has risen 2.5%, driven by gains from Dell Technologies of 43%. Meanwhile, Everpure actually underperformed within the industry, shrinking 8.8% in the last week. This means that the industry has gained 74% over the past year. Earnings are forecast to grow by 12% 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
Sat, 30 May 2026US$5.4tUS$584.7bUS$136.6b46.5x39.5x9.2x
Mon, 27 Apr 2026US$4.5tUS$556.0bUS$122.4b31.5x37x8.1x
Wed, 25 Mar 2026US$4.1tUS$556.1bUS$122.6b25.9x33.4x7.4x
Fri, 20 Feb 2026US$4.3tUS$552.9bUS$121.7b27.3x35.2x7.7x
Sun, 18 Jan 2026US$4.0tUS$514.0bUS$111.8b29.1x36x7.8x
Tue, 16 Dec 2025US$4.3tUS$514.1bUS$111.9b23.6x38.7x8.4x
Thu, 13 Nov 2025US$4.3tUS$512.7bUS$113.1b27.3x38x8.4x
Sat, 11 Oct 2025US$4.0tUS$504.4bUS$100.3b28.3x39.8x7.9x
Mon, 08 Sep 2025US$3.7tUS$504.4bUS$100.3b22.9x37.2x7.4x
Wed, 06 Aug 2025US$3.2tUS$502.4bUS$101.0b18.8x31.4x6.3x
Fri, 04 Jul 2025US$3.3tUS$499.9bUS$98.6b20.4x33.8x6.7x
Sun, 01 Jun 2025US$3.1tUS$499.8bUS$100.0b16.9x31.2x6.3x
Tue, 29 Apr 2025US$3.3tUS$494.1bUS$101.2b12.8x32.1x6.6x
Thu, 27 Mar 2025US$3.5tUS$494.1bUS$101.2b15.2x34.3x7x
Sat, 22 Feb 2025US$3.8tUS$486.7bUS$100.5b22.6x38.2x7.9x
Mon, 20 Jan 2025US$3.6tUS$473.9bUS$97.2b23.8x37x7.6x
Wed, 18 Dec 2024US$3.9tUS$473.9bUS$97.2b26.8x40.4x8.3x
Fri, 15 Nov 2024US$3.5tUS$472.6bUS$96.4b22.3x36.5x7.4x
Sun, 13 Oct 2024US$3.6tUS$466.0bUS$106.7b20.1x33.6x7.7x
Tue, 10 Sep 2024US$3.5tUS$466.0bUS$106.7b20.7x32.5x7.5x
Thu, 08 Aug 2024US$3.3tUS$465.1bUS$106.0b23.9x31.3x7.1x
Sat, 06 Jul 2024US$3.6tUS$457.1bUS$103.3b26.9x34.4x7.8x
Mon, 03 Jun 2024US$3.1tUS$456.8bUS$103.3b28.6x30x6.8x
Wed, 01 May 2024US$2.8tUS$458.2bUS$103.4b24.3x26.8x6x
Fri, 29 Mar 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Sun, 25 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Tue, 23 Jan 2024US$3.1tUS$454.7bUS$98.6b28.6x31.5x6.8x
Thu, 21 Dec 2023US$3.2tUS$455.3bUS$98.5b27.5x32.1x7x
Sat, 18 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Mon, 16 Oct 2023US$2.9tUS$453.8bUS$95.1b23.6x30.4x6.4x
Wed, 13 Sep 2023US$2.9tUS$453.9bUS$95.1b22.1x30.5x6.4x
Fri, 11 Aug 2023US$2.9tUS$454.0bUS$95.2b26x30.2x6.3x
Sun, 09 Jul 2023US$3.1tUS$456.4bUS$95.7b31.8x32.3x6.8x
Tue, 06 Jun 2023US$2.9tUS$456.4bUS$95.7b29.9x30.6x6.4x
Price to Earnings Ratio

30.6x


Total Market Cap: US$2.9tTotal Earnings: US$95.7bTotal Revenue: US$456.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33.5x202420252026
Current Industry PE
  • Investors are optimistic on the American Technology Hardware, Storage and Peripherals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.5x which is higher than its 3-year average PE of 33.5x.
  • The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 9.2x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 8.6% 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 Market1.47%
Tech4.55%
Tech Hardware2.48%
Tech Hardware Storage and Peripherals2.48%
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
DELL Dell TechnologiesUS$420.9142.6%
+US$81.7b		278.3%PE32.5x
AAPL AppleUS$312.061.0%
+US$47.6b		55.4%PE37.4x
SNDK SandiskUS$1.69k14.6%
+US$32.0b		4,397.2%PE55.7x
STX Seagate Technology HoldingsUS$879.808.3%
+US$16.8b		646.0%PE83.7x
WDC Western DigitalUS$531.219.7%
+US$16.2b		930.5%PE28.8x

Latest News

DELL
US$420.91
Dell Technologies
7D
42.6%
1Y
278.3%
NTAP
US$174.29
NetApp
7D
25.1%
1Y
75.8%
SMCI
US$46.09
Super Micro Computer
7D
29.5%
1Y
15.2%
WDC
US$531.21
Western Digital
7D
9.7%
1Y
930.5%
HPE
US$43.04
Hewlett Packard Enterprise
7D
14.5%
1Y
149.1%
Seeking Alpha • 20h

What To Do After Dell's Breakout Boosted Hewlett-Packard Enterprise Stock

Summary Hewlett Packard Enterprise Company is rated a Buy, driven by surging AI/server demand and networking momentum. HPE benefits from Dell’s blowout earnings and analyst upgrades, with Citi raising its price target to $39 on similar AI and server tailwinds. JPMorgan and Citi upgrades reflect a shift in market valuation for hardware makers, as AI and neocloud deployments drive sector-wide growth. I will upgrade HPE to Strong Buy if upcoming quarterly results are robust and shares avoid profit-taking sell-offs. Read the full article on Seeking Alpha
INFQ
US$16.22
Infleqtion
7D
-0.8%
1Y
n/a
AAPL
US$312.06
Apple
7D
1.0%
1Y
55.4%
P
US$79.51
Everpure
7D
-8.8%
1Y
48.4%
STX
US$879.80
Seagate Technology Holdings
7D
8.3%
1Y
646.0%
Seeking Alpha • May 28

Seagate: Micron And SK Hynix Gave The Greenlight To Buy More

Summary I am reiterating Seagate with a strong buy because my original thesis has not changed. It has improved. I argued that HAMR would change STX's earnings power. That view is being confirmed by Mozaic 4+ qualifications, stronger hyperscale demand, and record margin performance. The main growth drivers are nearline capacity allocation through CY27, Mozaic 4+ becoming a larger part of HAMR exabyte shipments, and AI-driven data center storage demand. My $1,410 price target reflects a 70% upside. I arrive at my price target by using a 56.86x FWD non-GAAP P/E and an est. EPS of $24.81. The key risks are a slowdown in AI capex, HAMR execution, and valuation compression. Read the full article on Seeking Alpha
SNDK
US$1,694.98
Sandisk
7D
14.6%
1Y
4,397.2%
Seeking Alpha • May 27

Sandisk Can Keep On Rising Even If NAND Prices Cool

Summary Sandisk's data center storage revenue is surging on AI-fueled demand, with repeated upside surprises versus Wall Street expectations. Sandisk is extending its JV with Kioxia Holdings, securing DRAM supply, and boosting fab output through R&D efficiency, keeping capex intensity low while expanding free cash flow margins. A newly authorized 6 billion dollar share buyback, alongside rising buyback spending, signals management’s confidence in Sandisk's prospects ahead. NAND spot prices have paused rising, and Chinese competitors are expanding capacity, presenting a risk of the memory upcycle ending sooner. But Sandisk can thrive on volume growth alone. SNDK's EV/EBITDA premium to peers is now below its historical median levels, while earnings growth is driving most of the stock’s gains—a good foundation for long-term upside. Read the full article on Seeking Alpha
PMTS
US$16.97
CPI Card Group
7D
-1.2%
1Y
-23.8%
QUBT
US$11.96
Quantum Computing
7D
-2.8%
1Y
5.6%
Seeking Alpha • May 22

Quantum Computing Inc.: The Story Is Big, But The Valuation Must Be Earned

Summary Quantum Computing Inc. (QUBT) is rated Hold, reflecting high uncertainty in commercializing its differentiated room-temperature photonic quantum platform. QUBT's recent LSI and NuCrypt acquisitions expand manufacturing capability and customer exposure, but organic revenue remains minimal versus acquisition-driven growth. My DCF implies a ~$10 share price, closely aligned with current levels; I favor a wait-and-see approach until commercial traction is clearer. QUBT's strategic optionality is offset by intense competition, uncertain government support, and a long path to meaningful recurring revenues. Read the full article on Seeking Alpha
MOVE
US$19.00
Corvex
7D
-17.0%
1Y
371.4%
FOXX
US$2.63
Foxx Development Holdings
7D
-20.8%
1Y
-45.7%
GPGI
US$12.16
GPGI
7D
-2.1%
1Y
-11.3%
BGIN
US$3.01
Bgin Blockchain
7D
-9.9%
1Y
n/a