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U.S. Tech Hardware Industry Analysis

UpdatedApr 03, 2025
DataAggregated Company Financials
Companies43
  • 7D0.9%
  • 3M-8.6%
  • 1Y28.0%
  • YTD-8.6%

In the last week, the Tech Hardware industry is flat overall, with Pure Storage standing out by going down 9.1%. As for the the longer term, the industry is up 28% over the past 12 months. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 03 Apr 2025US$3.5tUS$494.0bUS$101.2b14.4x34.1x7x
Sat, 01 Mar 2025US$3.8tUS$492.7bUS$100.5b17.8x37.4x7.6x
Mon, 27 Jan 2025US$3.5tUS$473.9bUS$97.2b24.3x35.9x7.4x
Wed, 25 Dec 2024US$4.0tUS$473.9bUS$97.2b26.6x41.5x8.5x
Fri, 22 Nov 2024US$3.6tUS$472.6bUS$96.4b23.9x37.1x7.6x
Sun, 20 Oct 2024US$3.7tUS$466.0bUS$106.8b19.7x34.7x7.9x
Tue, 17 Sep 2024US$3.5tUS$466.0bUS$106.7b21.4x32.8x7.5x
Thu, 15 Aug 2024US$3.5tUS$465.1bUS$106.7b23.9x32.7x7.5x
Sat, 13 Jul 2024US$3.7tUS$457.1bUS$103.3b27.2x35.4x8x
Mon, 10 Jun 2024US$3.2tUS$457.1bUS$103.2b25.8x30.7x6.9x
Wed, 08 May 2024US$2.9tUS$456.7bUS$103.3b25.7x28.5x6.4x
Fri, 05 Apr 2024US$2.8tUS$457.8bUS$102.9b24.4x26.9x6x
Sun, 03 Mar 2024US$2.9tUS$457.8bUS$102.6b27.5x28.5x6.4x
Tue, 30 Jan 2024US$3.1tUS$454.4bUS$98.6b30.6x31.3x6.8x
Thu, 28 Dec 2023US$3.1tUS$455.3bUS$98.5b26.9x31.5x6.8x
Sat, 25 Nov 2023US$3.0tUS$456.1bUS$98.1b21.8x31x6.7x
Mon, 23 Oct 2023US$2.8tUS$453.8bUS$95.1b20.5x29.3x6.1x
Wed, 20 Sep 2023US$2.9tUS$453.9bUS$95.1b20.5x30.4x6.4x
Fri, 18 Aug 2023US$2.9tUS$454.0bUS$95.2b25.1x30x6.3x
Sun, 16 Jul 2023US$3.1tUS$456.4bUS$95.7b31.8x32.3x6.8x
Tue, 13 Jun 2023US$3.0tUS$456.4bUS$95.7b30.6x31.1x6.5x
Thu, 11 May 2023US$2.8tUS$456.5bUS$95.8b25.1x29.2x6.1x
Sat, 08 Apr 2023US$2.7tUS$460.6bUS$97.1b24x27.6x5.8x
Mon, 06 Mar 2023US$2.5tUS$460.8bUS$97.2b25.1x25.3x5.3x
Wed, 01 Feb 2023US$2.4tUS$468.0bUS$102.8b23.4x22.9x5x
Fri, 30 Dec 2022US$2.1tUS$467.8bUS$102.0b22.1x20.9x4.6x
Sun, 27 Nov 2022US$2.4tUS$467.0bUS$104.4b18x23.3x5.2x
Tue, 25 Oct 2022US$2.4tUS$460.8bUS$105.2b14.1x23.1x5.3x
Thu, 22 Sep 2022US$2.5tUS$461.4bUS$105.4b15x24.1x5.5x
Sat, 20 Aug 2022US$2.8tUS$461.1bUS$105.4b16.6x26.9x6.2x
Mon, 18 Jul 2022US$2.5tUS$459.6bUS$108.1b14.9x23.1x5.4x
Wed, 15 Jun 2022US$2.2tUS$459.6bUS$108.1b14.8x20.5x4.8x
Fri, 13 May 2022US$2.4tUS$459.1bUS$108.0b14.8x22.7x5.3x
Sun, 10 Apr 2022US$2.9tUS$450.9bUS$107.0b14.6x26.7x6.3x
Price to Earnings Ratio

26.7x


Total Market Cap: US$2.9tTotal Earnings: US$107.0bTotal Revenue: US$450.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 29.3x202320242025
Current Industry PE
  • Investors are optimistic on the American Tech industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.1x which is higher than its 3-year average PE of 29.3x.
  • The industry is trading close to its 3-year average PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 3.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

US Market-0.90%
Tech-1.98%
Tech Hardware0.92%
Tech Hardware Storage and Peripherals0.92%
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$223.891.1%
+US$35.5b
32.0%PE35x
HPE Hewlett Packard EnterpriseUS$16.120.3%
+US$65.7m
-11.4%PE7.7x
DBD Diebold NixdorfUS$44.743.8%
+US$61.2m
35.2%PS0.4x
IONQ IonQUS$25.051.0%
+US$59.7m
168.8%PS138.9x
TBCH Turtle BeachUS$15.064.0%
+US$11.6m
-14.6%PE18.6x
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Latest News

STX

US$85.52

Seagate Technology Holdings

7D

-2.4%

1Y

-6.7%

SONM

US$3.20

Sonim Technologies

7D

36.2%

1Y

-44.6%

IONQ

US$25.05

IonQ

7D

1.0%

1Y

168.8%

DELL

US$95.33

Dell Technologies

7D

-1.0%

1Y

-25.9%

SMCI

US$35.09

Super Micro Computer

7D

-5.3%

1Y

-65.4%

NTAP

US$90.49

NetApp

7D

-2.4%

1Y

-15.0%

ALOT

US$8.94

AstroNova

7D

4.0%

1Y

-49.6%

PSTG

US$46.01

Pure Storage

7D

-9.1%

1Y

-14.0%

SNDK

US$47.67

Sandisk

7D

-9.4%

1Y

n/a

HPQ

US$27.88

HP

7D

-2.9%

1Y

-6.0%

WDC

US$41.78

Western Digital

7D

-2.0%

1Y

-41.7%

FOXX

US$4.93

Foxx Development Holdings

7D

21.7%

1Y

-55.9%