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U.S. Tech Hardware Industry Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies50
  • 7D1.7%
  • 3M4.4%
  • 1Y44.3%
  • YTD0.5%

Over the last 7 days, the Tech Hardware industry has risen 3.5%, driven by gains from Apple of 2.2%. This means that the industry has gained 38% over the past year. Looking forward, earnings are forecast to grow by 9.9% annually.

Industry Valuation and Performance

Has the U.S. Tech Hardware Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sun, 30 Jul 2023US$3.2tUS$456.4bUS$95.7b32.8x33x6.9x
Tue, 27 Jun 2023US$3.0tUS$456.4bUS$95.7b30.9x31.3x6.6x
Thu, 25 May 2023US$2.8tUS$456.4bUS$95.7b25x29x6.1x
Sat, 22 Apr 2023US$2.7tUS$460.5bUS$97.1b24.7x27.6x5.8x
Price to Earnings Ratio

27.6x


Total Market Cap: US$2.7tTotal Earnings: US$97.1bTotal Revenue: US$460.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 33.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Tech 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 33.1x.
  • The industry is trading close to its 3-year average PS ratio of 7.1x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have grown 8.1% per year over the last three years.
  • Revenues for these companies have grown 6.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market4.44%
Tech6.04%
Tech Hardware1.72%
Tech Hardware Storage and Peripherals1.72%
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$944.4632.9%
+US$34.5b		2,742.2%PS15.6x
WDC Western DigitalUS$366.2217.4%
+US$18.4b		919.3%PE31.5x
STX Seagate Technology HoldingsUS$533.4413.8%
+US$14.5b		640.9%PE60.7x
DELL Dell TechnologiesUS$184.513.8%
+US$4.4b		115.8%PE20.1x
SMCI Super Micro ComputerUS$27.2020.0%
+US$2.7b		-18.8%PE18.7x

Latest News

AAPL
US$258.83
Apple
7D
-0.03%
1Y
33.2%
DELL
US$184.51
Dell Technologies
7D
3.8%
1Y
115.8%
STX
US$533.44
Seagate Technology Holdings
7D
13.8%
1Y
640.9%
IONQ
US$35.76
IonQ
7D
25.5%
1Y
40.8%
HPE
US$24.47
Hewlett Packard Enterprise
7D
-0.6%
1Y
63.0%

Hewlett Packard Enterprise: Too Much Demand Isn't A Bad Problem

Apr 14
SMCI
US$27.20
Super Micro Computer
7D
20.0%
1Y
-18.8%
WDC
US$366.22
Western Digital
7D
17.4%
1Y
919.3%

WDC: AI Storage Optimism And Rich P/E Will Drive Future Downside Risk

Western Digital's updated fair value estimate has shifted from $170 to about $227 per share, reflecting analysts' higher assessed revenue growth potential, a slightly adjusted margin outlook, and a richer future P/E assumption following a broad wave of Street price target increases. Analyst Commentary Recent Street research on Western Digital has been dominated by higher price targets and rating upgrades, including moves from large firms such as JPMorgan, Goldman Sachs, BofA, Citi and Wells Fargo.
INFQ
US$14.12
Infleqtion
7D
40.6%
1Y
n/a
SNDK
US$944.46
Sandisk
7D
32.9%
1Y
2,742.2%
SONM
US$3.35
DNA X
7D
-0.9%
1Y
-87.0%
BOXL
US$1.14
Boxlight
7D
-9.5%
1Y
-87.0%
PSTG
US$64.00
Everpure
7D
3.4%
1Y
52.6%

PSTG: Accelerating Bookings And AI Demand Will Support Future Premium P/E

Narrative Update Everpure's analyst fair value estimate has been revised from $120.00 to $105.00. Analysts are balancing stronger bookings trends and guidance with tighter assumptions on revenue growth, margins, and future P/E multiples observed in recent Pure Storage research.
FOXX
US$5.61
Foxx Development Holdings
7D
-5.3%
1Y
21.7%
SCKT
US$0.85
Socket Mobile
7D
-9.6%
1Y
-24.1%