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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 11, 2026
DataAggregated Company Financials
Companies51
  • 7D3.2%
  • 3M27.7%
  • 1Y66.3%
  • YTDn/a

In the last week, the Tech Hardware Storage and Peripherals industry is up 3.2%, with Apple up 2.2%. In the same time, IonQ was down 13%. This takes the industry's 12 month performance to a gain of 66%. 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
Sat, 11 Jul 2026US$5.5tUS$587.7bUS$138.2b44.6x39.8x9.4x
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
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 33.8x202420252026
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 39.4x which is higher than its 3-year average PE of 33.8x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 9.3x.
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 Market0.74%
Tech3.08%
Tech Hardware3.20%
Tech Hardware Storage and Peripherals3.20%
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$315.322.2%
+US$98.3b		49.3%PE37.8x
DELL Dell TechnologiesUS$434.9710.3%
+US$26.3b		243.0%PE33.4x
SNDK SandiskUS$1.92k9.8%
+US$25.3b		4,056.9%PE63x
STX Seagate Technology HoldingsUS$910.3411.0%
+US$20.4b		518.5%PE86.6x
WDC Western DigitalUS$582.598.1%
+US$15.0b		780.8%PE31.6x

Latest News

AAPL
US$315.32
Apple
7D
2.2%
1Y
49.3%
P
US$79.33
Everpure
7D
9.1%
1Y
40.8%
IONQ
US$42.86
IonQ
7D
-12.7%
1Y
2.5%
Narrative Update • Jul 10

IONQ: Federal Quantum Orders And Funding Will Drive Future Policy Tailwinds

Analysts have lifted their IonQ price targets, with one moving from $55 to $70, citing stronger perceived positioning across U.S. quantum policy priorities and confidence in the company's engagement with both commercial and government customers. Analyst Commentary Recent research notes around IonQ highlight how policy developments, federal engagement, and perceived technology positioning are feeding directly into how analysts think about valuation, execution risk, and long term growth potential.
QUBT
US$8.66
Quantum Computing
7D
-4.3%
1Y
-50.3%
Narrative Update • Jul 10

QUBT: NHanced Acquisition And Photonics Capacity Are Expected To Drive Future Upside

Analysts have raised their price target for Quantum Computing stock from $25.00 to $30.00, citing updated assumptions on long term profitability and valuation multiples following recent bullish research coverage. Analyst Commentary Bullish analysts covering Quantum Computing have highlighted the recent move in the price target to US$30.00 as a key signal of growing confidence in the company’s long term profitability assumptions and valuation framework.
NTAP
US$168.87
NetApp
7D
9.5%
1Y
60.4%
SNDK
US$1,915.92
Sandisk
7D
9.8%
1Y
4,056.9%
Narrative Update • Jul 10

SNDK: AI Supply Deals And Tight Memory Support Further Upside Potential

SanDisk's analyst price target has been raised from $322.0 to $3,250.0 as analysts factor in a tight NAND supply backdrop, new long-term memory agreements with firmer pricing, and stronger assumed profit margins, despite moderating revenue growth expectations and a higher future P/E multiple. Analyst Commentary Recent Street research on SanDisk leans clearly positive, with a series of higher price targets and rating upgrades clustered around similar themes, including tight memory supply, firmer pricing and growing confidence in long-term demand for NAND and DRAM tied to AI and data center spending.
HPE
US$48.54
Hewlett Packard Enterprise
7D
17.7%
1Y
134.3%
INFQ
US$11.17
Infleqtion
7D
-9.3%
1Y
10.0%
Seeking Alpha • Jul 09

Infleqtion's Neutral-Atom Upside Comes At A High Price

Summary Infleqtion offers a differentiated neutral-atom quantum platform with strong technology, government relationships, and a robust $569M cash balance. INFQ’s commercial relevance is bolstered by quantum sensing, timing, RF, and navigation products, but revenue remains modest and margins deeply negative. Despite federal quantum tailwinds and Wedbush’s bullish $20 target, INFQ trades at ~50x forward EV/sales, pricing in significant future success. I rate INFQ a Hold; while the platform is compelling, current valuation demands substantial revenue growth and margin improvement to justify a premium. Read the full article on Seeking Alpha
DELL
US$434.97
Dell Technologies
7D
10.3%
1Y
243.0%
Seeking Alpha • Jul 07

Dell: I Would Wait For A Pullback To Enter The Stock

Summary Dell Technologies Inc. earns a Hold rating, as its stock has rapidly compressed a decade’s worth of re-rating into just six months. DELL’s AI-driven backlog exceeds $43B, with a broadening customer base and strong demand visibility, but memory cost inflation threatens EPS guidance. Operating margins remain resilient at 10.5% despite a dilutive mix shift, yet the fastest-growing AI server revenues are low-margin and cyclical. DELL stock's valuation is stretched versus peers like Hewlett Packard Enterprise, with Dell trading at premium multiples that may not be justified by its underlying business mix. Read the full article on Seeking Alpha
STX
US$910.34
Seagate Technology Holdings
7D
11.0%
1Y
518.5%
Narrative Update • Jul 07

STX: AI Storage Demand And HDD Pricing Discipline Will Drive Future Risk Reward Balance

Analysts have lifted their price target for Seagate Technology Holdings to $959 from $848, citing tighter hard disk drive supply, AI driven storage demand, and expectations for firmer pricing across upcoming contract renewals. Analyst Commentary Recent Street research on Seagate Technology Holdings clusters around a shared focus on AI related storage demand, hard disk drive supply discipline, and the potential for pricing power to influence valuation and earnings quality.
WDC
US$582.59
Western Digital
7D
8.1%
1Y
780.8%
KODK
US$8.23
Eastman Kodak
7D
-2.8%
1Y
23.0%
Seeking Alpha • Jul 02

Eastman Kodak: The Bounce Was Not Warranted

Summary Eastman Kodak Company remains a speculative turnaround story, with fundamentals showing improvement but not enough for a bullish stance. KODK delivered Q1 '26 revenue growth, margin expansion, and positive operational EBITDA, yet GAAP net loss deepened, highlighting ongoing risks. I raise my price target to $7/share, reflecting improved EBITDA and cash position, but maintain a Hold rating pending further operational proof. Future upside hinges on sustained profitability, better asset utilization, and clarity on KRIP proceeds; patience and strict valuation discipline remain key. Read the full article on Seeking Alpha
PMTS
US$19.54
CPI Card Group
7D
-4.1%
1Y
-11.7%
GPGI
US$14.59
GPGI
7D
-12.9%
1Y
2.7%
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.
OSS
US$13.73
One Stop Systems
7D
-12.5%
1Y
180.8%
Narrative Update • Jun 16

OSS: Defense AI Momentum And Acquisition Optionality Will Shape Measured Upside

For this Narrative Update on One Stop Systems, the analyst fair value estimate has moved from $18 to $19, reflecting recent Street price target increases and analyst comments that indicate greater confidence in the business momentum following management meetings. Analyst Commentary Recent commentary on One Stop Systems reflects a series of upward price target revisions following management meetings, with analysts pointing to higher confidence in the company’s business momentum and execution.
BGIN
US$1.92
Bgin Blockchain
7D
-2.8%
1Y
n/a