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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies50
  • 7D-0.5%
  • 3M-0.4%
  • 1Y11.1%
  • YTDn/a

The Tech Hardware Storage and Peripherals industry has been flat over the last week, but Seagate Technology Holdings has lost 5.1%. The past year has been better, since the industry has gained 11% in that time. Looking forward, earnings are forecast to grow by 9.7% 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
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
Thu, 04 May 2023US$2.7tUS$460.5bUS$97.2b21.1x28x5.9x
Sat, 01 Apr 2023US$2.7tUS$460.6bUS$97.1b25x27.6x5.8x
Mon, 27 Feb 2023US$2.4tUS$460.0bUS$97.2b24.4x24.6x5.2x
Price to Earnings Ratio

24.6x


Total Market Cap: US$2.4tTotal Earnings: US$97.2bTotal Revenue: US$460.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 32.8x202420252026
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 32.8x.
  • The 3-year average PS ratio of 7.0x is lower than the industry's current PS ratio of 7.7x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 7.8% per year over the last three years.
  • Revenues for these companies have grown 6.3% 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 Market0.64%
Tech0.58%
Tech Hardware-0.50%
Tech Hardware Storage and Peripherals-0.50%
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$260.581.9%
+US$70.5b		6.1%PE32.5x
DELL Dell TechnologiesUS$119.065.5%
+US$4.1b		-0.7%PE15.1x
INFQ ColdQuantaUS$13.683.5%
+US$2.3b		n/an/a
SMCI Super Micro ComputerUS$32.165.3%
+US$970.4m		-42.6%PE22.1x
PSTG Pure StorageUS$73.593.9%
+US$917.9m		8.5%PE186.4x

Latest News

XRX
US$1.86
Xerox Holdings
7D
-4.1%
1Y
-76.3%
WDC
US$284.67
Western Digital
7D
0.2%
1Y
299.3%
INFQ
US$13.68
ColdQuanta
7D
3.5%
1Y
n/a
NTAP
US$101.60
NetApp
7D
3.4%
1Y
-18.4%

NTAP: Margin Execution And Flash Leadership Will Support Future Memory Risk Upside

Analysts have reduced their blended price target on NetApp by $15 to $110. The change reflects slightly lower assumptions for revenue growth, profit margins and future P/E multiples, as well as growing caution around memory exposure across the hardware and storage group.
STX
US$408.97
Seagate Technology Holdings
7D
-5.1%
1Y
298.5%

STX: Elevated P E Expectations For 2026 Pricing Will Face Execution Test

The analyst price target for Seagate Technology Holdings has been updated to $375.00. This change reflects analysts' revised assumptions for higher revenue growth, slightly stronger profit margins, and a higher future P/E multiple following a series of Street target increases and rating upgrades.
DELL
US$119.06
Dell Technologies
7D
5.5%
1Y
-0.7%
SNDK
US$621.09
Sandisk
7D
-1.5%
1Y
1,187.0%
HPE
US$21.39
Hewlett Packard Enterprise
7D
-3.6%
1Y
-1.6%

HPE: Juniper Merger And Networking Positioning Will Drive Future Upside Potential

Narrative Update: Hewlett Packard Enterprise Analysts have reset their view on Hewlett Packard Enterprise with price targets now clustering around $26 to $31. This reflects mixed hardware and storage demand commentary alongside a more constructive view on the Juniper merger and HPE's position in enterprise and data center networking.
AAPL
US$260.58
Apple
7D
1.9%
1Y
6.1%

AAPL: Gemini Partnership And AI Roadmap Will Drive Future Upside

Analysts have raised their Apple fair value estimate to $350 from about $283.66, citing Street research that characterizes the recent selloff as unwarranted and highlights a clearer AI roadmap supported by the Google Gemini partnership as well as ongoing checks on demand and margins. Analyst Commentary Recent research points to a generally constructive backdrop around Apple, with many bullish analysts emphasizing AI execution, the Google Gemini partnership, and supportive checks on demand and margins.
PSTG
US$73.59
Pure Storage
7D
3.9%
1Y
8.5%

PSTG: AI And Hyperscaler Demand Will Meet Mixed Outlook With Balanced Risks

Analysts have modestly raised their fair value estimate for Pure Storage to about $70.60. This reflects updated views on revenue growth, profitability, and future P/E assumptions in the context of recent Street research, including a revised $90 price target at Citi and a Positive Catalyst Watch designation at JPMorgan.
CAN
US$0.46
Canaan
7D
-7.8%
1Y
-74.2%

CAN: Self Mining Expansion And Share Buybacks Will Support Future Upside

Analysts have trimmed their price target on Canaan to $2.12 from $2.91, as updated assumptions reflect a lower revenue growth rate and a higher discount rate, partially offset by a higher projected profit margin and a slightly lower future P/E multiple. What's in the News Canaan reported unaudited production results for January 2026, with 83 Bitcoins mined for the month (company announcement of operating results).
SMCI
US$32.16
Super Micro Computer
7D
5.3%
1Y
-42.6%
HPQ
US$18.34
HP
7D
-2.8%
1Y
-47.2%

HPQ: Memory Costs Leadership Change And AI PCs Will Shape 2026 Outlook

Analysts have trimmed their HP Inc. price targets, with our fair value estimate moving from $21.17 to $18.00 as they factor in leadership changes, expected memory cost headwinds into 2026, and more conservative revenue growth assumptions, despite slightly firmer margin expectations and a lower future P/E multiple.
GPGI
US$22.52
GPGI
7D
-8.8%
1Y
33.2%

GPGI: Margin Progress And Issuer Partnerships Will Guide Balanced Future Outlook

Narrative Update Analysts lifted their price target on GPGI from US$25.50 to US$26.00, citing sustained margin improvement, stronger organic growth, and potential upside from issuer partnerships similar to the recent street commentary on CompoSecure. Analyst Commentary Recent research on CompoSecure is shaping how investors think about GPGI, particularly where card manufacturing, issuer relationships, and margins intersect.
IONQ
US$33.43
IonQ
7D
6.8%
1Y
-0.9%
BGIN
US$2.77
Bgin Blockchain
7D
-6.1%
1Y
n/a

Bgin Blockchain IPOs Into A Bear Market

Nov 18