Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies51
  • 7D-2.0%
  • 3M27.3%
  • 1Y67.3%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 2.0%, driven by Apple declining 1.5%. On the other hand Hewlett Packard Enterprise is actually up 14%. In the past year, the industry has gained 67%. 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
Mon, 08 Jun 2026US$5.3tUS$587.7bUS$138.0b45.2x38.5x9x
Wed, 06 May 2026US$4.7tUS$578.6bUS$135.6b25.3x34.7x8.1x
Fri, 03 Apr 2026US$4.2tUS$556.2bUS$122.6b25.3x34x7.5x
Sun, 01 Mar 2026US$4.3tUS$553.2bUS$122.7b26.9x34.9x7.7x
Tue, 27 Jan 2026US$3.9tUS$514.0bUS$111.8b31.7x35.1x7.6x
Thu, 25 Dec 2025US$4.3tUS$514.1bUS$111.9b23.3x38.2x8.3x
Sat, 22 Nov 2025US$4.1tUS$512.7bUS$113.1b24x36.5x8.1x
Mon, 20 Oct 2025US$4.0tUS$504.4bUS$100.3b27.1x39.5x7.8x
Wed, 17 Sep 2025US$3.7tUS$504.4bUS$100.3b25.4x36.9x7.3x
Fri, 15 Aug 2025US$3.6tUS$502.7bUS$100.7b20.4x35.9x7.2x
Sun, 13 Jul 2025US$3.3tUS$500.2bUS$98.6b19.8x33.5x6.6x
Tue, 10 Jun 2025US$3.2tUS$500.2bUS$98.5b17.7x32.2x6.4x
Thu, 08 May 2025US$3.1tUS$499.4bUS$101.9b13.1x30.1x6.2x
Sat, 05 Apr 2025US$3.1tUS$494.0bUS$101.2b12.3x31.1x6.4x
Mon, 03 Mar 2025US$3.8tUS$492.7bUS$100.5b17.8x37.4x7.6x
Wed, 29 Jan 2025US$3.6tUS$473.7bUS$97.2b22.4x36.9x7.6x
Fri, 27 Dec 2024US$4.0tUS$473.9bUS$97.2b25.7x41.5x8.5x
Sun, 24 Nov 2024US$3.6tUS$472.7bUS$96.5b21.8x37.3x7.6x
Tue, 22 Oct 2024US$3.7tUS$466.0bUS$106.8b19.9x34.7x7.9x
Thu, 19 Sep 2024US$3.4tUS$466.0bUS$106.7b18.6x32x7.3x
Sat, 17 Aug 2024US$3.6tUS$465.1bUS$106.8b24.1x33.3x7.6x
Mon, 15 Jul 2024US$3.7tUS$457.1bUS$103.3b27.2x35.8x8.1x
Wed, 12 Jun 2024US$3.1tUS$457.1bUS$103.2b26.2x30.2x6.8x
Fri, 10 May 2024US$2.9tUS$456.8bUS$103.2b28.2x28.5x6.4x
Sun, 07 Apr 2024US$2.8tUS$457.8bUS$102.9b24.5x27x6.1x
Tue, 05 Mar 2024US$2.9tUS$457.8bUS$102.6b26.8x27.9x6.2x
Thu, 01 Feb 2024US$3.0tUS$456.3bUS$98.7b29.4x30.6x6.6x
Sat, 30 Dec 2023US$3.1tUS$455.3bUS$98.5b26.2x31.6x6.8x
Mon, 27 Nov 2023US$3.0tUS$456.1bUS$98.1b21.8x31x6.7x
Wed, 25 Oct 2023US$2.8tUS$453.8bUS$95.1b21.1x29.3x6.1x
Fri, 22 Sep 2023US$2.8tUS$453.9bUS$95.1b20.2x29.5x6.2x
Sun, 20 Aug 2023US$2.8tUS$454.0bUS$95.2b25.1x29.6x6.2x
Tue, 18 Jul 2023US$3.1tUS$456.4bUS$95.7b32.3x32.3x6.8x
Thu, 15 Jun 2023US$3.0tUS$456.4bUS$95.7b30.7x31.2x6.5x
Price to Earnings Ratio

31.2x


Total Market Cap: US$3.0tTotal 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 33.6x202420252026
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 38.5x which is higher than its 3-year average PE of 33.6x.
  • The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 9.0x.
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 Market-2.79%
Tech-5.22%
Tech Hardware-2.01%
Tech Hardware Storage and Peripherals-2.01%
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
HPE Hewlett Packard EnterpriseUS$49.2014.3%
+US$8.0b		171.7%PE45.2x
QMCO QuantumUS$12.7030.8%
+US$43.8m		19.5%PS0.7x
FOXX Foxx Development HoldingsUS$5.0692.4%
+US$17.0m		1.2%PS0.6x
XRX Xerox HoldingsUS$3.322.5%
+US$10.5m		-35.3%PS0.06x
TACT TransAct TechnologiesUS$4.807.4%
+US$3.4m		31.1%PS0.9x

Latest News

HPE
US$49.20
Hewlett Packard Enterprise
7D
14.3%
1Y
171.7%
QMCO
US$12.70
Quantum
7D
30.8%
1Y
19.5%
Narrative Update • Jun 06

QMCO: Cleaner Balance Sheet Will Support Future Upside Potential

Analysts have raised their Quantum price target from $10.00 to $16.50, citing reduced financing risk after the company eliminated its debt, raised $100 million of capital, and converted notes to equity. Analyst Commentary Bullish Takeaways Bullish analysts point to the completed balance sheet clean up, including elimination of debt and conversion of notes to equity, as a key reason they see less financing risk weighing on the stock's valuation multiple.
PMTS
US$17.05
CPI Card Group
7D
0.5%
1Y
-21.8%
Narrative Update • Jun 06

PMTS: Long Term Partnerships And 2026 Execution Will Support Future Upside

Analysts have trimmed their fair value estimate for CPI Card Group to $27.50 from $28.25, reflecting updated assumptions that include a different revenue growth outlook, a revised discount rate, a higher projected profit margin, and a lower future P/E multiple based on recent mixed price target moves from Lake Street and Roth Capital. Analyst Commentary Recent Street research on CPI Card Group has pulled in different directions, with some analysts lifting price targets while others are trimming theirs.
WDC
US$511.72
Western Digital
7D
-3.7%
1Y
822.8%
IONQ
US$56.78
IonQ
7D
-21.2%
1Y
45.5%
TACT
US$4.80
TransAct Technologies
7D
7.4%
1Y
31.1%
Narrative Update • Jun 05

TACT: Higher Earnings Quality And Buybacks Will Support A Rerating

Analysts have lifted their price target on TransAct Technologies to $7.00 from $5.00, pointing to updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent Street research around companies in adjacent industries highlights a mix of optimism and caution that is useful context when you think about TransAct Technologies and its new price target.
STX
US$847.47
Seagate Technology Holdings
7D
-3.7%
1Y
567.5%
P
US$72.17
Everpure
7D
-9.2%
1Y
30.5%
DELL
US$394.39
Dell Technologies
7D
-6.3%
1Y
246.7%
AAPL
US$307.34
Apple
7D
-1.5%
1Y
50.7%
SNDK
US$1,559.32
Sandisk
7D
-8.0%
1Y
3,882.9%
SMCI
US$41.64
Super Micro Computer
7D
-9.7%
1Y
0.2%
XRX
US$3.32
Xerox Holdings
7D
2.5%
1Y
-35.3%
SONM
US$4.75
DNA X
7D
7.7%
1Y
-77.3%
FOXX
US$5.06
Foxx Development Holdings
7D
92.4%
1Y
1.2%