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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 15, 2026
DataAggregated Company Financials
Companies51
  • 7D2.1%
  • 3M23.3%
  • 1Y66.2%
  • YTDn/a

The Tech Hardware Storage and Peripherals industry is up 2.1% in the last week, with Apple up 1.4%. In the same time, IonQ was down 13%. This takes the industry's 12 month performance to a gain of 66%. 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
Wed, 15 Jul 2026US$5.5tUS$587.7bUS$138.2b45.6x39.5x9.3x
Fri, 12 Jun 2026US$5.1tUS$587.7bUS$138.0b43x36.7x8.6x
Sun, 10 May 2026US$5.0tUS$584.2bUS$136.5b51.3x36.5x8.5x
Tue, 07 Apr 2026US$4.2tUS$556.2bUS$122.6b25.5x34x7.5x
Thu, 05 Mar 2026US$4.2tUS$553.2bUS$122.8b26.1x34.5x7.7x
Sat, 31 Jan 2026US$4.2tUS$545.7bUS$121.5b27.1x34.5x7.7x
Mon, 29 Dec 2025US$4.3tUS$514.1bUS$111.9b23.5x38.1x8.3x
Wed, 26 Nov 2025US$4.3tUS$512.7bUS$113.1b24.6x37.9x8.4x
Fri, 24 Oct 2025US$4.1tUS$504.7bUS$100.3b27x40.5x8x
Sun, 21 Sep 2025US$3.8tUS$504.4bUS$100.3b26x38.3x7.6x
Tue, 19 Aug 2025US$3.6tUS$502.8bUS$100.5b20.7x35.7x7.1x
Thu, 17 Jul 2025US$3.3tUS$500.2bUS$98.6b19.5x33.2x6.5x
Sat, 14 Jun 2025US$3.1tUS$500.2bUS$98.5b17x31.5x6.2x
Mon, 12 May 2025US$3.1tUS$499.4bUS$100.0b14.5x30.8x6.2x
Wed, 09 Apr 2025US$2.8tUS$494.0bUS$101.2b12.7x27.8x5.7x
Fri, 07 Mar 2025US$3.7tUS$492.7bUS$100.5b16.4x36.4x7.4x
Sun, 02 Feb 2025US$3.7tUS$479.7bUS$100.5b21.6x36.6x7.7x
Tue, 31 Dec 2024US$4.0tUS$473.9bUS$97.2b24.2x41.1x8.4x
Thu, 28 Nov 2024US$3.7tUS$472.7bUS$96.5b21.6x38.2x7.8x
Sat, 26 Oct 2024US$3.6tUS$467.4bUS$107.9b22.5x33.7x7.8x
Mon, 23 Sep 2024US$3.6tUS$466.0bUS$106.7b19.5x33.7x7.7x
Wed, 21 Aug 2024US$3.6tUS$465.2bUS$106.8b24.3x33.4x7.7x
Fri, 19 Jul 2024US$3.6tUS$457.1bUS$103.3b26.3x34.8x7.9x
Sun, 16 Jun 2024US$3.4tUS$457.1bUS$103.2b26.3x33.1x7.5x
Tue, 14 May 2024US$3.0tUS$456.7bUS$103.2b28.1x29x6.6x
Thu, 11 Apr 2024US$2.8tUS$457.8bUS$102.9b24.1x26.9x6x
Sat, 09 Mar 2024US$2.8tUS$457.8bUS$102.6b26.1x27.3x6.1x
Mon, 05 Feb 2024US$3.0tUS$458.7bUS$102.6b28.4x29.1x6.5x
Wed, 03 Jan 2024US$3.0tUS$454.7bUS$98.6b26x30.3x6.6x
Fri, 01 Dec 2023US$3.1tUS$455.3bUS$98.5b27.6x31x6.7x
Sun, 29 Oct 2023US$2.7tUS$453.7bUS$95.6b19x28.4x6x
Tue, 26 Sep 2023US$2.8tUS$453.9bUS$95.1b20.6x29.9x6.3x
Thu, 24 Aug 2023US$2.9tUS$454.0bUS$95.2b26.3x30.7x6.4x
Sat, 22 Jul 2023US$3.1tUS$456.4bUS$95.7b32x32.5x6.8x
Price to Earnings Ratio

32.5x


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 33.8x202420252026
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 33.8x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 9.3x.
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 Market0.22%
Tech2.28%
Tech Hardware2.07%
Tech Hardware Storage and Peripherals2.07%
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$314.861.4%
+US$61.7b		50.6%PE37.7x
DELL Dell TechnologiesUS$457.549.6%
+US$26.0b		264.0%PE35.2x
SNDK SandiskUS$1.76k8.7%
+US$20.8b		4,014.7%PE57.8x
STX Seagate Technology HoldingsUS$878.316.1%
+US$11.5b		489.3%PE83.6x
WDC Western DigitalUS$563.325.9%
+US$10.8b		734.2%PE30.6x

Latest News

STX
US$878.31
Seagate Technology Holdings
7D
6.1%
1Y
489.3%
WDC
US$563.32
Western Digital
7D
5.9%
1Y
734.2%
DELL
US$457.54
Dell Technologies
7D
9.6%
1Y
264.0%
Seeking Alpha • 16h

Dell Technologies And Its Real Value

Summary Dell Technologies has surged 120% in 2024, but current valuations appear significantly overpriced relative to multiple valuation models. AI infrastructure demand drives DELL’s backlog and earnings growth, yet gross margins remain below preferred levels and short-term liquidity is limited. DELL’s net debt and leverage have improved, but negative shareholder equity make this company more challenging to analyze. Despite strong cash generation and ROIC, DELL’s recent exponential share price growth appears unsustainable, warranting investor caution. Read the full article on Seeking Alpha
P
US$77.03
Everpure
7D
-1.6%
1Y
41.3%
IONQ
US$39.29
IonQ
7D
-13.4%
1Y
-5.3%
AAPL
US$314.86
Apple
7D
1.4%
1Y
50.6%
SNDK
US$1,757.82
Sandisk
7D
8.7%
1Y
4,014.7%
Seeking Alpha • Jul 13

Sandisk: How It Wins From The AI Inference Trend

Summary More complex, agentic AI inference models require large data repositories, which shift memory demands up the hierarchy from DRAM to high-performance NAND storage solutions. To alleviate capacity bottlenecks, the company is developing high-bandwidth flash memory with sample delivery expected in late 2026 and a full rollout planned for 2027. Market tightness in the NAND sector is projected to persist through CY27, driven by multi-year structural upcycles and substantial multi-burner price hikes. The Kioxia-SanDisk alliance is expanding NAND production capacity faster than other memory giants. High valuation risks exist as the stock trades at a 1-yr fwd EV/EBITDA premium of 63% over peers. But the stock's technicals point bullish. Read the full article on Seeking Alpha
HPE
US$49.56
Hewlett Packard Enterprise
7D
14.0%
1Y
144.4%
Narrative Update • Jul 13

HPE: AI Server Demand And Raised Guidance Will Drive Future Upside

Hewlett Packard Enterprise’s analyst fair value estimate has been lifted from $34.98 to $80.00, as analysts cite stronger AI-related server demand, resilient enterprise compute spending, and updated long-term guidance as key reasons for revisiting assumptions on growth, margins, and P/E multiples. Analyst Commentary Recent research on Hewlett Packard Enterprise highlights a sharp shift in sentiment, with multiple bullish analysts recalibrating their models after the latest Q2 results, updated multi year guidance, and signs of strong AI related demand across servers and networking.
HPQ
US$24.63
HP
7D
7.3%
1Y
0.4%
Seeking Alpha • Jul 11

HP Is A High Yielding Undervalued Tech Stock (Technical Analysis)

Summary HP, Inc. is a high-yield, undervalued tech stock with a bullish technical setup and a nearly 5% dividend yield. HPQ demonstrates strong valuation and profitability grades, with recent upward revisions to EPS and revenue estimates supporting its investment case. Technical analysis shows HPQ trading above its 30-week EMA, with bullish momentum, volume, and relative strength versus the S&P 500. The dividend appears well-covered with a 35% payout ratio and 3.39x free cash flow coverage, despite a modest dividend safety grade. Read the full article on Seeking Alpha
QUBT
US$8.32
Quantum Computing
7D
-4.3%
1Y
-52.9%
Narrative Update • Jul 10

QUBT: NHanced Acquisition And Photonics Capacity Are Expected To Drive Future Upside

Analysts have raised their price target for Quantum Computing stock from $25.00 to $30.00, citing updated assumptions on long term profitability and valuation multiples following recent bullish research coverage. Analyst Commentary Bullish analysts covering Quantum Computing have highlighted the recent move in the price target to US$30.00 as a key signal of growing confidence in the company’s long term profitability assumptions and valuation framework.
NTAP
US$174.55
NetApp
7D
5.3%
1Y
68.7%
INFQ
US$10.45
Infleqtion
7D
-10.4%
1Y
3.5%
Seeking Alpha • Jul 09

Infleqtion's Neutral-Atom Upside Comes At A High Price

Summary Infleqtion offers a differentiated neutral-atom quantum platform with strong technology, government relationships, and a robust $569M cash balance. INFQ’s commercial relevance is bolstered by quantum sensing, timing, RF, and navigation products, but revenue remains modest and margins deeply negative. Despite federal quantum tailwinds and Wedbush’s bullish $20 target, INFQ trades at ~50x forward EV/sales, pricing in significant future success. I rate INFQ a Hold; while the platform is compelling, current valuation demands substantial revenue growth and margin improvement to justify a premium. Read the full article on Seeking Alpha
KODK
US$8.05
Eastman Kodak
7D
-0.7%
1Y
21.8%
Seeking Alpha • Jul 02

Eastman Kodak: The Bounce Was Not Warranted

Summary Eastman Kodak Company remains a speculative turnaround story, with fundamentals showing improvement but not enough for a bullish stance. KODK delivered Q1 '26 revenue growth, margin expansion, and positive operational EBITDA, yet GAAP net loss deepened, highlighting ongoing risks. I raise my price target to $7/share, reflecting improved EBITDA and cash position, but maintain a Hold rating pending further operational proof. Future upside hinges on sustained profitability, better asset utilization, and clarity on KRIP proceeds; patience and strict valuation discipline remain key. Read the full article on Seeking Alpha
PMTS
US$18.76
CPI Card Group
7D
-2.2%
1Y
-13.2%
GPGI
US$14.65
GPGI
7D
-7.5%
1Y
2.6%
Narrative Update • Jul 01

GPGI: Index Removals And Neutral Outlook Will Temper But Not Erase Upside Potential

Analysts have lowered their price target on GPGI to $15 from $22, citing a shift toward smaller cap industrials with more resilient end markets and clearer growth drivers as uncertainty around the macro backdrop persists. What’s in the News for GPGI GPGI, Inc.
OSS
US$13.57
One Stop Systems
7D
-2.4%
1Y
142.3%
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.