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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedAug 05, 2026
DataAggregated Company Financials
Companies51
  • 7D-5.6%
  • 3M8.6%
  • 1Y68.2%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 5.6%, driven by a pullback from Apple of 9.0%. In contrast, Sandisk has gained 41%. Over the past 12 months, the industry was up 68%. As for the next few years, earnings are expected to grow by 11% 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
Wed, 05 Aug 2026US$5.2tUS$604.6bUS$145.5b47.5x35.8x8.6x
Fri, 03 Jul 2026US$5.2tUS$587.7bUS$137.9b37.9x37.9x8.9x
Sun, 31 May 2026US$5.4tUS$584.7bUS$136.6b46.5x39.6x9.2x
Tue, 28 Apr 2026US$4.5tUS$556.0bUS$122.4b30.3x36.6x8.1x
Thu, 26 Mar 2026US$4.1tUS$556.1bUS$122.6b25.4x33.7x7.4x
Sat, 21 Feb 2026US$4.2tUS$552.9bUS$121.7b27.4x34.7x7.6x
Mon, 19 Jan 2026US$4.0tUS$514.0bUS$111.8b29.1x36x7.8x
Wed, 17 Dec 2025US$4.3tUS$514.1bUS$111.9b23.8x38.1x8.3x
Fri, 14 Nov 2025US$4.3tUS$512.7bUS$113.1b26.4x37.8x8.3x
Sun, 12 Oct 2025US$3.8tUS$504.4bUS$100.3b28.3x38.4x7.6x
Tue, 09 Sep 2025US$3.7tUS$504.4bUS$100.3b22.7x36.9x7.3x
Thu, 07 Aug 2025US$3.3tUS$502.7bUS$100.9b18.9x32.9x6.6x
Sat, 05 Jul 2025US$3.3tUS$499.9bUS$98.6b20.4x33.9x6.7x
Mon, 02 Jun 2025US$3.1tUS$499.8bUS$100.0b16.9x31.2x6.3x
Wed, 30 Apr 2025US$3.3tUS$494.1bUS$101.2b12.9x32.2x6.6x
Fri, 28 Mar 2025US$3.4tUS$494.1bUS$101.2b14.3x34x7x
Sun, 23 Feb 2025US$3.8tUS$486.7bUS$100.5b22.6x38.2x7.9x
Tue, 21 Jan 2025US$3.6tUS$473.9bUS$97.2b23.8x37x7.6x
Thu, 19 Dec 2024US$4.0tUS$473.9bUS$97.2b26.4x40.8x8.4x
Sat, 16 Nov 2024US$3.6tUS$472.5bUS$96.4b22.1x36.9x7.5x
Mon, 14 Oct 2024US$3.6tUS$466.0bUS$106.7b20.1x33.6x7.7x
Wed, 11 Sep 2024US$3.5tUS$466.0bUS$106.7b20.9x32.5x7.5x
Fri, 09 Aug 2024US$3.3tUS$465.1bUS$106.7b24.7x31x7.1x
Sun, 07 Jul 2024US$3.6tUS$457.1bUS$103.3b26.9x35.1x7.9x
Tue, 04 Jun 2024US$3.1tUS$456.8bUS$103.3b28.6x30x6.8x
Thu, 02 May 2024US$2.8tUS$460.8bUS$103.7b24x26.7x6x
Sat, 30 Mar 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Mon, 26 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Wed, 24 Jan 2024US$3.1tUS$454.7bUS$98.6b28.7x31.5x6.8x
Fri, 22 Dec 2023US$3.1tUS$455.3bUS$98.5b27.7x31.8x6.9x
Sun, 19 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Tue, 17 Oct 2023US$2.9tUS$453.8bUS$95.1b24.1x30.2x6.3x
Thu, 14 Sep 2023US$2.8tUS$453.9bUS$95.1b22.4x29.6x6.2x
Sat, 12 Aug 2023US$2.9tUS$454.0bUS$95.2b25.8x30.2x6.3x
Price to Earnings Ratio

30.2x


Total Market Cap: US$2.9tTotal Earnings: US$95.2bTotal Revenue: US$454.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33.9x202420252026
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 33.9x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 8.6x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Market4.85%
Tech9.52%
Tech Hardware-5.57%
Tech Hardware Storage and Peripherals-5.57%
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
SNDK SandiskUS$1.43k40.5%
+US$61.0b		3,291.0%PE46.9x
DELL Dell TechnologiesUS$467.2719.2%
+US$48.6b		258.1%PE35.9x
WDC Western DigitalUS$548.5618.7%
+US$29.8b		643.5%PE29.8x
STX Seagate Technology HoldingsUS$845.3510.6%
+US$18.4b		474.0%PE60.3x
HPE Hewlett Packard EnterpriseUS$52.3914.9%
+US$9.0b		163.7%PE48.2x

Latest News

SNDK
US$1,427.62
Sandisk
7D
40.5%
1Y
3,291.0%
Seeking Alpha • 4h

SanDisk: Google's HBF Validation

Summary SanDisk (SNDK) is rated a 'Strong Buy' due to the transformative potential of its High Bandwidth Flash (HBF) product. HBF leverages NAND's density and cost advantages to address AI-driven memory shortages, positioning SanDisk as a design partner in next-gen architectures. First-gen HBF is projected to deliver 1.6TB/s bandwidth and 512GB per stack—over 20x HBM's capacity—unlocking significant market and margin expansion. SanDisk trades at a 2027 P/E of 6.7 with 222% EPS growth forecast, yet the HBF opportunity appears underappreciated relative to its market cap. The HBF technology is validated by Google joining the consortium to standardize HBF. Read the full article on Seeking Alpha
SCKT
US$0.41
Socket Mobile
7D
-13.7%
1Y
-58.9%
DELL
US$467.27
Dell Technologies
7D
19.2%
1Y
258.1%
WDC
US$548.56
Western Digital
7D
18.7%
1Y
643.5%
Seeking Alpha • 10h

Western Digital: Sold Out, De-Levered, And Walking Into FQ4 With Momentum

Summary Western Digital remains a high-conviction AI storage play, delivering 114% returns since March and outperforming on Q3 FY26 results. WDC's balance sheet is now net cash positive, following significant deleveraging, increased buybacks, and a robust capital return program. Demand is exceptionally strong, with 2026 capacity sold out, LTAs into 2029, and pricing accelerating on persistent supply-demand imbalances. We reiterate a Buy rating despite rich valuation, citing a multi-year growth cycle, disciplined capex, and critical execution milestones in HAMR technology. Read the full article on Seeking Alpha
HPE
US$52.39
Hewlett Packard Enterprise
7D
14.9%
1Y
163.7%
AAPL
US$309.38
Apple
7D
-9.0%
1Y
52.5%
SMCI
US$31.69
Super Micro Computer
7D
23.3%
1Y
-32.3%
Seeking Alpha • Aug 04

Super Micro: The Market Is Unbothered By The Margin News For Good Reason

Summary Super Micro Computer, Inc. reported a surge in gross margins in preliminary guidance, initially driving a strong positive market reaction. Despite the margin improvement, most gains have reversed, with SMCI now only slightly above pre-announcement levels. Broader semiconductor sector weakness has contributed, but company-specific headwinds and long-term uncertainties persist. I maintain a Sell rating on SMCI due to ongoing concerns about margin sustainability and revenue quality. Read the full article on Seeking Alpha
STX
US$845.35
Seagate Technology Holdings
7D
10.6%
1Y
474.0%
Narrative Update • Aug 04

STX: AI Storage Demand And HDD Pricing Power Will Drive Future Upside

The analyst price target for Seagate Technology Holdings has been raised from $959 to $1,116. Analysts cite stronger revenue and margin assumptions supported by tighter supply and firm HDD pricing trends.
P
US$83.92
Everpure
7D
15.0%
1Y
49.9%
Seeking Alpha • Aug 04

Everpure: Memory Shortages Are Creating An Unexpected Opportunity - Strong Buy

Summary Everpure is transforming from a data storage provider to a data management platform, aiming to be the control center between enterprise data and AI infrastructure. P leverages acquisitions like 1touch to enhance data discovery, classification, and semantic context, increasing its value proposition amid growing AI data bottlenecks. Despite industry memory shortages, P's robust demand and pricing power are reflected in raised FY27 guidance: revenue is now $4.41B-$4.51B and operating income is $820M-$860M. P trades at lower forward P/E, PEG, and EV/Sales ratios than peers, suggesting undervaluation and potential for multiple expansion as AI adoption accelerates. Read the full article on Seeking Alpha
DBD
US$76.84
Diebold Nixdorf
7D
-15.3%
1Y
36.7%
FOXX
US$2.54
Foxx Development Holdings
7D
-1.5%
1Y
-62.6%
NTAP
US$190.46
NetApp
7D
9.9%
1Y
84.3%
CAN
US$0.20
Canaan
7D
-16.4%
1Y
-69.3%
Narrative Update • Jul 14

CAN: Tether Immersion Mining And Buybacks Will Support Future Upside

Analysts have reduced their price target on Canaan to $1.69 from $2.05, citing updated assumptions that now factor in a small revenue decline, a higher discount rate, a slightly stronger profit margin, and a higher future P/E multiple. What’s in the News for Canaan Canaan reported unaudited bitcoin mining results for recent months, with 89 Bitcoins mined in March 2026, 90 Bitcoins in April 2026, 90 Bitcoins in May 2026, and 64 BTC in June 2026.
EBON
US$1.87
Ebang International Holdings
7D
-11.2%
1Y
-53.4%