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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 02, 2026
DataAggregated Company Financials
Companies52
  • 7D-0.07%
  • 3M25.6%
  • 1Y58.9%
  • YTDn/a

The Tech Hardware Storage and Peripherals industry has been flat over the last week, but Seagate Technology Holdings has lost 7.9%. As for the the longer term, the industry is up 59% over the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum.

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, 02 Jul 2026US$5.2tUS$587.7bUS$137.9b40.4x37.8x8.9x
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
Price to Earnings Ratio

32.3x


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 37.8x 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 8.9x.
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 Market1.64%
Tech1.15%
Tech Hardware-0.069%
Tech Hardware Storage and Peripherals-0.069%
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$294.380.4%
+US$19.1b		38.6%PE35.3x
SNDK SandiskUS$2.03k6.2%
+US$17.4b		4,297.8%PE66.8x
P EverpureUS$77.146.0%
+US$1.4b		37.8%PE113.3x
GPGI GPGIUS$16.6316.8%
+US$692.8m		13.7%PS200849.8x
QNT QuantinuumUS$78.4110.3%
+US$243.9m		n/aPS153.1x

Latest News

NTAP
US$156.38
NetApp
7D
0.5%
1Y
45.3%
Seeking Alpha • 3h

NetApp: Share Gains Will Determine The Next Leg Higher

Summary NetApp is rated a buy with an FY 2027 price target of $178, implying 14% upside driven by AI-focused data center tailwinds. NTAP posted robust Q4 results: 12% YoY revenue growth, 71.5% non-GAAP gross margin, and $1.87B in free cash flow, signaling strong fundamentals. Management guides for 8% FY 2027 revenue growth; further upside hinges on NTAP achieving market share gains over competitors like Dell and Everpure. Risks include the possibility that recent growth is macro-driven rather than company-specific, with Everpure potentially outpacing NTAP in storage market share. Read the full article on Seeking Alpha
DELL
US$425.25
Dell Technologies
7D
-2.0%
1Y
244.4%
INFQ
US$12.93
Infleqtion
7D
-8.3%
1Y
n/a
GPGI
US$16.63
GPGI
7D
16.8%
1Y
13.7%
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.
P
US$77.14
Everpure
7D
6.0%
1Y
37.8%
Narrative Update • Jul 01

P: AI Data Platforms And Alliance Expansion Will Support Future Premium P/E

Analysts have adjusted their view on Everpure, lifting the price target from $105.00 to about $112.35. They are factoring in updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, while also reflecting recent Street research that included a $25 price target reduction from one firm.
SNDK
US$2,032.22
Sandisk
7D
6.2%
1Y
4,297.8%
CRSR
US$9.46
Corsair Gaming
7D
9.2%
1Y
-2.7%
WDC
US$598.37
Western Digital
7D
-7.1%
1Y
809.7%
Narrative Update • Jun 30

WDC: AI Storage Hype And HDD Pricing Assumptions Will Pressure Future Returns

Western Digital's analyst fair value estimate has been raised from $518.26 to $584.79 as analysts factor in higher assumed revenue growth and a richer future P/E linked to AI driven storage demand, alongside a broad wave of higher price targets across recent research. Analyst Commentary Recent research on Western Digital points to strong interest in the stock from AI focused investors, but there is not complete agreement on how much of the opportunity is already reflected in current expectations.
IONQ
US$51.40
IonQ
7D
-4.1%
1Y
14.9%
AAPL
US$294.38
Apple
7D
0.4%
1Y
38.6%
SMCI
US$27.65
Super Micro Computer
7D
-14.8%
1Y
-43.3%
STX
US$915.19
Seagate Technology Holdings
7D
-7.9%
1Y
502.3%
QMCO
US$10.93
Quantum
7D
-18.6%
1Y
19.1%
Seeking Alpha • Jun 29

Quantum Corporation: Turnaround Is Getting Traction - Buy

Summary Data storage solutions provider Quantum Corporation finished fiscal year 2026 on a strong note with sales increasing to new recovery highs and backlog more than doubling on a quarter-over-quarter basis. QMCO experienced strong momentum in object storage with ActiveScale revenue tripling on a year-over-year basis, driven by new use cases around large-scale data management and AI workloads. Even more importantly, the company managed to address its long-standing debt issues, albeit at the price of heavy shareholder dilution. In the short-term, industry-wide supply chain issues and component cost inflation will impact growth and profitability. However, QMCO management expects to improve margins and backlog conversion over the course of FY2027. As a result, I have updated my model and increased my price target from $12.50 to $13.75 while reiterating my Buy rating on QMCO shares. Read the full article on Seeking Alpha
HPQ
US$22.02
HP
7D
-5.5%
1Y
-14.8%
HPE
US$43.95
Hewlett Packard Enterprise
7D
-9.8%
1Y
106.8%
Narrative Update • Jun 29

HPE: AI Server Pricing And Memory Inflation Will Constrain Future Upside Potential

The analyst price target for Hewlett Packard Enterprise has been raised sharply to $36.90 from $21.00, with analysts pointing to stronger AI-driven server and data center demand, improved profitability assumptions, and a modestly lower discount rate in updated models. Analyst Commentary Recent research coverage on Hewlett Packard Enterprise highlights a sharp shift in expectations, with many firms lifting price targets after the latest Q2 results and AI driven server momentum.
QNT
US$78.41
Quantinuum
7D
10.3%
1Y
n/a