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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies50
  • 7D1.5%
  • 3M30.5%
  • 1Y71.2%
  • YTDn/a

Western Digital is up 12%, leading the way for the Tech Hardware Storage and Peripherals industry, which has gained 1.5%. This takes the industry's 12 month performance to a gain of 71%. 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
Tue, 23 Jun 2026US$5.4tUS$587.7bUS$138.0b44.5x39.1x9.2x
Thu, 21 May 2026US$5.1tUS$584.2bUS$136.5b41x37.1x8.7x
Sat, 18 Apr 2026US$4.4tUS$556.1bUS$122.6b32x35.7x7.9x
Mon, 16 Mar 2026US$4.1tUS$556.1bUS$122.6b23.4x33.1x7.3x
Wed, 11 Feb 2026US$4.4tUS$552.8bUS$121.6b28.5x36.5x8x
Fri, 09 Jan 2026US$4.1tUS$514.0bUS$111.8b24.7x36.6x8x
Sun, 07 Dec 2025US$4.3tUS$514.1bUS$111.9b26.1x38.8x8.4x
Tue, 04 Nov 2025US$4.2tUS$513.2bUS$114.5b24.6x36.8x8.2x
Thu, 02 Oct 2025US$4.0tUS$504.4bUS$100.3b29x39.7x7.9x
Sat, 30 Aug 2025US$3.6tUS$502.9bUS$100.5b21.6x36x7.2x
Mon, 28 Jul 2025US$3.3tUS$500.2bUS$98.6b19.8x34x6.7x
Wed, 25 Jun 2025US$3.1tUS$500.2bUS$98.5b18.3x31.7x6.3x
Fri, 23 May 2025US$3.1tUS$499.7bUS$99.9b16.4x31.4x6.3x
Sun, 20 Apr 2025US$3.1tUS$494.0bUS$101.2b11.7x30.2x6.2x
Tue, 18 Mar 2025US$3.3tUS$494.1bUS$101.2b16.7x32.8x6.7x
Thu, 13 Feb 2025US$3.6tUS$479.7bUS$100.5b20.8x36.1x7.6x
Sat, 11 Jan 2025US$3.8tUS$473.9bUS$97.2b23.2x39.1x8x
Mon, 09 Dec 2024US$3.8tUS$473.9bUS$97.2b23.2x39.3x8x
Wed, 06 Nov 2024US$3.5tUS$472.6bUS$98.6b14.9x35.2x7.3x
Fri, 04 Oct 2024US$3.6tUS$466.0bUS$106.7b17.9x33.3x7.6x
Sun, 01 Sep 2024US$3.6tUS$465.4bUS$106.6b21.7x33.8x7.7x
Tue, 30 Jul 2024US$3.5tUS$456.9bUS$103.3b26.1x33.7x7.6x
Thu, 27 Jun 2024US$3.4tUS$457.1bUS$103.3b26.8x32.6x7.4x
Sat, 25 May 2024US$3.0tUS$456.7bUS$103.3b28.1x29.2x6.6x
Mon, 22 Apr 2024US$2.7tUS$457.8bUS$102.9b23.4x26x5.8x
Wed, 20 Mar 2024US$2.9tUS$457.8bUS$102.8b26.9x27.9x6.3x
Fri, 16 Feb 2024US$3.0tUS$458.7bUS$102.6b28.1x29.1x6.5x
Sun, 14 Jan 2024US$3.0tUS$454.7bUS$98.6b27.7x30.2x6.5x
Tue, 12 Dec 2023US$3.1tUS$455.3bUS$98.5b26.7x31.5x6.8x
Thu, 09 Nov 2023US$2.9tUS$452.4bUS$97.0b18.7x30x6.4x
Sat, 07 Oct 2023US$2.9tUS$453.8bUS$95.1b23.9x30.1x6.3x
Mon, 04 Sep 2023US$3.1tUS$453.9bUS$95.1b23.3x32.1x6.7x
Wed, 02 Aug 2023US$3.2tUS$454.6bUS$94.7b32.8x33.7x7x
Fri, 30 Jun 2023US$3.1tUS$456.4bUS$95.7b31.6x32.1x6.7x
Price to Earnings Ratio

32.1x


Total Market Cap: US$3.1tTotal 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 33.7x202420252026
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 39.1x which is higher than its 3-year average PE of 33.7x.
  • 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 8.8% 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-1.82%
Tech-0.54%
Tech Hardware1.51%
Tech Hardware Storage and Peripherals1.51%
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$427.785.9%
+US$14.5b		254.7%PE32.9x
SMCI Super Micro ComputerUS$33.3214.0%
+US$2.7b		-22.2%PE17.3x
STX Seagate Technology HoldingsUS$1.04k0.7%
+US$1.6b		661.9%PE98.8x
HPE Hewlett Packard EnterpriseUS$48.921.1%
+US$715.1m		169.5%PE45x
IONQ IonQUS$57.853.2%
+US$668.2m		41.6%PE70x

Latest News

SMCI
US$33.32
Super Micro Computer
7D
14.0%
1Y
-22.2%
NTAP
US$157.82
NetApp
7D
-2.1%
1Y
48.7%
INFQ
US$15.96
Infleqtion
7D
19.3%
1Y
n/a
WDC
US$670.75
Western Digital
7D
-1.5%
1Y
980.6%
Seeking Alpha • 11h

Western Digital Corp: The Next Micron

Summary Western Digital is now a pure-play HDD leader, benefiting from AI-driven hyperscaler demand and long-term supply contracts, and I expect this will push shares higher. WDC's 3Q saw revenue up 45% year over year, gross margin at 50.5%, and free cash flow of $978 million. Contracted demand visibility through 2029, 90% cloud revenue, and firm purchase orders support durable earnings and margin expansion. I'm maintaining the stock with a buy and see potential for long-term upside, but I would recommend adding on pullbacks due to current valuation stretch and overbought technicals. Read the full article on Seeking Alpha
AAPL
US$294.30
Apple
7D
-1.7%
1Y
46.9%
Seeking Alpha • 11h

Apple: Hardware Price Hikes May Drive Frontloading, Then Cool-Off (Downgrade)

Summary Apple (AAPL) faces rising hardware costs due to AI-driven memory and storage shortages, prompting imminent price hikes on products. The MacBook Neo's strong launch and budget focus are boosting near-term sales, but frontloading may lead to a subsequent cooling period. AAPL's hardware dependence makes it more vulnerable than peers, with valuation metrics showing the stock as expensive but not unreasonably so. I downgrade AAPL to hold, citing elevated component costs and potential demand restraint, though near-term performance remains solid. Read the full article on Seeking Alpha
DELL
US$427.78
Dell Technologies
7D
5.9%
1Y
254.7%
HPQ
US$23.67
HP
7D
-2.6%
1Y
-3.5%
Analysis Article • Jun 21

HP (HPQ) Stock Looks Fully Valued After Insider Selling And Strong Q2 Results

HP (HPQ) has come into focus after reports of insider selling without any insider buying, just as the company affirmed its regular cash dividend and highlighted solid Q2 2026 operating performance. See our latest analysis for HP. Despite the recent insider selling and dividend affirmation, HP’s share price has been choppy, with a 7 day share price return of down 6.9% and a 30 day share price return of down 6.9%. However, a 90 day share price return of 26.8% and a 1 year total shareholder...
IONQ
US$57.85
IonQ
7D
3.2%
1Y
41.6%
Analysis Article • Jun 20

IonQ (IONQ) Stock Could Be 1,017.6% Overvalued After Clavis XG Multiplex Launch

IonQ (IONQ) recently introduced Clavis XG Multiplex, a new quantum key distribution product built to run on existing metropolitan fiber networks, aiming to make long term quantum security deployment more practical for enterprise customers. See our latest analysis for IonQ. IonQ’s recent Clavis XG Multiplex launch comes after a volatile run, with a 1-day share price return of 3.40%, a 90-day share price return of 81.25%, and a 1-year total shareholder return of 40.11%, indicating strong but...
GPGI
US$14.50
GPGI
7D
3.4%
1Y
0.3%
SNDK
US$1,963.60
Sandisk
7D
-1.4%
1Y
4,047.9%
Analysis Article • Jun 19

Sandisk (SNDK) Stock Could Be 577.8% Overvalued After Its Recent Run Up

Sandisk (SNDK) has recently drawn attention after its stock delivered a 58% return over the past month and a very large gain over the past 3 months, inviting closer inspection from investors. See our latest analysis for Sandisk. The latest share price of $2,182.45 comes after a 1 month share price return of 57.77% and a 7 day share price return of 15.99%, building on a very large year to date share price return of 692.93% and a very large 1 year total shareholder return. Together these...
P
US$72.36
Everpure
7D
-1.2%
1Y
32.3%
Analysis Article • Jun 18

Everpure (P) Stock Could Be 58.6% Undervalued After Its AI Infrastructure Push

Everpure stock (P) is in focus after the company used its Pure Accelerate 2026 event to roll out Everpure Data Stream and Everpure Data Intelligence, along with deeper partnerships with NVIDIA and Veeam around enterprise AI infrastructure. See our latest analysis for Everpure. Everpure stock has been volatile around these AI announcements, with a 1-day share price return of 2.67% and 7-day share price return of 7.60%. The 1-year total shareholder return of 41.12% and 5-year total shareholder...
STX
US$1,038.59
Seagate Technology Holdings
7D
0.7%
1Y
661.9%
HPE
US$48.92
Hewlett Packard Enterprise
7D
1.1%
1Y
169.5%
OSS
US$17.02
One Stop Systems
7D
-5.7%
1Y
339.8%
Narrative Update • Jun 16

OSS: Defense AI Momentum And Acquisition Optionality Will Shape Measured Upside

For this Narrative Update on One Stop Systems, the analyst fair value estimate has moved from $18 to $19, reflecting recent Street price target increases and analyst comments that indicate greater confidence in the business momentum following management meetings. Analyst Commentary Recent commentary on One Stop Systems reflects a series of upward price target revisions following management meetings, with analysts pointing to higher confidence in the company’s business momentum and execution.
QNT
US$69.80
Quantinuum
7D
20.5%
1Y
n/a
BGIN
US$2.02
Bgin Blockchain
7D
-16.2%
1Y
n/a