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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedAug 24, 2026
DataAggregated Company Financials
Companies48
  • 7D-0.8%
  • 3M0.6%
  • 1Y51.0%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has remained flat, although notably Seagate Technology Holdings declined by 15%. The past year has been better, since the industry has gained 51% in that time. 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
Tue, 25 Aug 2026US$5.3tUS$618.4bUS$156.0b32.3x33.9x8.6x
Thu, 23 Jul 2026US$5.6tUS$587.7bUS$138.2b42x40.5x9.5x
Sat, 20 Jun 2026US$5.4tUS$587.7bUS$138.0b43.6x39.1x9.2x
Mon, 18 May 2026US$5.1tUS$584.2bUS$136.5b41.1x37.5x8.7x
Wed, 15 Apr 2026US$4.3tUS$556.1bUS$122.6b31.5x35x7.7x
Fri, 13 Mar 2026US$4.2tUS$556.2bUS$122.6b22.4x34.4x7.6x
Sun, 08 Feb 2026US$4.5tUS$552.7bUS$121.6b29.5x36.9x8.1x
Tue, 06 Jan 2026US$4.2tUS$514.0bUS$111.8b24.7x37.4x8.1x
Thu, 04 Dec 2025US$4.4tUS$512.9bUS$113.1b25.6x39x8.6x
Sat, 01 Nov 2025US$4.2tUS$505.1bUS$100.8b28.9x42x8.4x
Mon, 29 Sep 2025US$4.0tUS$504.4bUS$100.3b26x39.7x7.9x
Wed, 27 Aug 2025US$3.5tUS$502.8bUS$100.5b21.5x35.1x7x
Fri, 25 Jul 2025US$3.4tUS$500.2bUS$98.6b19.6x34x6.7x
Sun, 22 Jun 2025US$3.1tUS$500.2bUS$98.5b17.5x31.2x6.1x
Tue, 20 May 2025US$3.3tUS$499.6bUS$100.0b16.7x32.8x6.6x
Thu, 17 Apr 2025US$3.1tUS$494.0bUS$101.2b11.7x31x6.3x
Sat, 15 Mar 2025US$3.3tUS$494.1bUS$101.2b16.5x32.2x6.6x
Mon, 10 Feb 2025US$3.6tUS$479.7bUS$100.5b21.7x35.4x7.4x
Wed, 08 Jan 2025US$3.8tUS$473.9bUS$97.2b23.8x39.5x8.1x
Fri, 06 Dec 2024US$3.8tUS$472.8bUS$96.5b22.7x39.5x8.1x
Sun, 03 Nov 2024US$3.5tUS$472.6bUS$98.6b14.6x35.4x7.4x
Tue, 01 Oct 2024US$3.7tUS$466.0bUS$106.7b15.2x34.4x7.9x
Thu, 29 Aug 2024US$3.6tUS$465.2bUS$106.5b21.6x33.8x7.7x
Sat, 27 Jul 2024US$3.5tUS$456.9bUS$103.3b26.3x33.6x7.6x
Mon, 24 Jun 2024US$3.3tUS$457.1bUS$103.2b26.6x32.4x7.3x
Wed, 22 May 2024US$3.1tUS$456.7bUS$103.3b27.6x29.8x6.7x
Fri, 19 Apr 2024US$2.7tUS$457.8bUS$102.9b23.8x26.5x6x
Sun, 17 Mar 2024US$2.8tUS$457.8bUS$102.8b26.4x27.4x6.2x
Tue, 13 Feb 2024US$3.0tUS$458.7bUS$102.6b28.6x29.4x6.6x
Thu, 11 Jan 2024US$3.0tUS$454.7bUS$98.6b27.8x30.2x6.6x
Sat, 09 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.6x6.8x
Mon, 06 Nov 2023US$2.8tUS$452.4bUS$97.1b20.6x29.2x6.3x
Wed, 04 Oct 2023US$2.8tUS$453.8bUS$95.1b22.3x29.5x6.2x
Fri, 01 Sep 2023US$3.0tUS$453.9bUS$95.1b22.7x31.9x6.7x
Price to Earnings Ratio

31.9x


Total Market Cap: US$3.0tTotal Earnings: US$95.1bTotal Revenue: US$453.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 34x202420252026
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 34.0x.
  • The 3-year average PS ratio of 7.4x 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 18% per year over the last three years.
  • Revenues for these companies have grown 11% 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-1.19%
Tech-3.37%
Tech Hardware-0.84%
Tech Hardware Storage and Peripherals-0.84%
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$310.341.6%
+US$69.3b		36.6%PE35.1x
CAN CanaanUS$0.3657.5%
+US$97.9m		-51.4%PS0.5x
TBCH Turtle BeachUS$12.592.9%
+US$6.3m		-18.9%PS0.8x
FOXX Foxx Development HoldingsUS$3.1023.5%
+US$4.2m		-53.0%PS0.4x
EBON Ebang International HoldingsUS$2.3014.8%
+US$1.9m		-39.1%PS2.2x

Latest News

P
US$100.44
Everpure
7D
-14.1%
1Y
70.1%
SNDK
US$1,493.12
Sandisk
7D
-16.4%
1Y
3,091.8%
Seeking Alpha • 20h

Why Sandisk? Cyclicality Is Not The Only Open Question

Summary Two-thirds of Sandisk's impressive sequential revenue growth came from Pricing, only one-third from volume. One key question is, therefore, sustainability beyond the current rush driven by AI datacenter buildout. More notably, however, SNDK's growth projections closely track the overall flash storage market, with no expected market share gains. Given industry-wide drivers, rather than idiosyncratic ones, a Memory or Storage ETF might be preferable to single-stock exposure. Read the full article on Seeking Alpha
NTAP
US$186.86
NetApp
7D
-8.5%
1Y
68.3%
STX
US$794.65
Seagate Technology Holdings
7D
-20.1%
1Y
384.5%
AAPL
US$310.34
Apple
7D
1.6%
1Y
36.6%
DELL
US$433.19
Dell Technologies
7D
-9.7%
1Y
230.7%
Narrative Update • Aug 21

DELL: AI Server Cycle Will Eventually Confront Tight Supply Ceiling

Analysts have trimmed the fair value estimate for Dell Technologies slightly to $372.39, even as many raise formal price targets into the $430 to $700 range, based on expectations that AI driven server demand and an underappreciated storage portfolio can support stronger revenue and earnings over time. Analyst Commentary Recent commentary on Dell Technologies shows a wide spread in expectations, with many firms lifting long term price targets as they factor in AI servers, storage and higher forward guidance.
SMCI
US$35.17
Super Micro Computer
7D
-8.1%
1Y
-20.2%
WDC
US$435.38
Western Digital
7D
-18.8%
1Y
449.6%
HPE
US$52.43
Hewlett Packard Enterprise
7D
-9.0%
1Y
132.4%
Seeking Alpha • Aug 19

Hewlett Packard Enterprise's AI Networking Is Impressive, Even After The Rally

Summary Hewlett Packard Enterprise Company has surged over 130% YTD, driven by robust AI hardware and integrated solutions demand. HPE’s Q2 2026 results were exceptional: revenue up 40% YoY to $10.68B, gross margin expanded to 36.9%, and free cash flow hit $915M. Record backlog and strong AI bookings underpin raised guidance for 2026–2027, but supply chain constraints and execution risks remain critical. HPE stock trades at a discount to peers (~16x forward P/E), but much optimism is priced in; I favor a small position and would await a pullback. Read the full article on Seeking Alpha
FOXX
US$3.10
Foxx Development Holdings
7D
23.5%
1Y
-53.0%
TBCH
US$12.59
Turtle Beach
7D
2.9%
1Y
-18.9%
Analysis Article • Aug 09

Analysts Have Been Trimming Their Turtle Beach Corporation (NASDAQ:TBCH) Price Target After Its Latest Report

Turtle Beach Corporation ( NASDAQ:TBCH ) missed earnings with its latest quarterly results, disappointing...
IMMR
US$7.54
Immersion
7D
0.4%
1Y
9.9%
CAN
US$0.36
Canaan
7D
57.5%
1Y
-51.4%
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.
ALOT
US$28.91
AstroNova
7D
0.07%
1Y
166.9%
EBON
US$2.30
Ebang International Holdings
7D
14.8%
1Y
-39.1%