U.S. Tech Hardware Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 13 May 2026	US$5.0t	US$584.2b	US$136.5b	43x	36.9x	8.6x
Fri, 10 Apr 2026	US$4.3t	US$556.2b	US$122.5b	29x	35x	7.7x
Sun, 08 Mar 2026	US$4.1t	US$553.2b	US$122.8b	25.2x	33.7x	7.5x
Tue, 03 Feb 2026	US$4.3t	US$545.7b	US$121.5b	28.4x	35.8x	8x
Thu, 01 Jan 2026	US$4.3t	US$514.0b	US$111.8b	22.6x	38x	8.3x
Sat, 29 Nov 2025	US$4.3t	US$512.8b	US$113.1b	25.4x	38.4x	8.5x
Mon, 27 Oct 2025	US$4.1t	US$504.7b	US$100.3b	27.3x	41.1x	8.2x
Wed, 24 Sep 2025	US$4.0t	US$504.4b	US$100.3b	26.6x	39.7x	7.9x
Fri, 22 Aug 2025	US$3.5t	US$502.8b	US$100.5b	20.9x	34.8x	7x
Sun, 20 Jul 2025	US$3.3t	US$500.2b	US$98.6b	20.2x	33.6x	6.6x
Tue, 17 Jun 2025	US$3.1t	US$500.2b	US$98.5b	17.6x	31.1x	6.1x
Thu, 15 May 2025	US$3.3t	US$499.7b	US$100.0b	16.2x	33.1x	6.6x
Sat, 12 Apr 2025	US$3.0t	US$494.0b	US$101.2b	13.6x	29.2x	6x
Mon, 10 Mar 2025	US$3.7t	US$494.0b	US$101.2b	15.7x	36.6x	7.5x
Wed, 05 Feb 2025	US$3.6t	US$479.7b	US$100.5b	21.4x	35.3x	7.4x
Fri, 03 Jan 2025	US$3.9t	US$473.9b	US$97.2b	22.9x	40.2x	8.3x
Sun, 01 Dec 2024	US$3.7t	US$472.7b	US$96.5b	21.7x	38.5x	7.9x
Tue, 29 Oct 2024	US$3.6t	US$467.4b	US$107.9b	22.7x	33.8x	7.8x
Thu, 26 Sep 2024	US$3.6t	US$466.0b	US$106.7b	18.8x	33.6x	7.7x
Sat, 24 Aug 2024	US$3.5t	US$465.2b	US$106.5b	24.9x	33.3x	7.6x
Mon, 22 Jul 2024	US$3.6t	US$457.1b	US$103.3b	26.3x	34.8x	7.9x
Wed, 19 Jun 2024	US$3.5t	US$457.1b	US$103.2b	26.9x	33.8x	7.6x
Fri, 17 May 2024	US$3.1t	US$456.7b	US$103.2b	28.1x	29.9x	6.8x
Sun, 14 Apr 2024	US$2.9t	US$457.8b	US$102.9b	24.7x	27.7x	6.2x
Tue, 12 Mar 2024	US$2.8t	US$457.8b	US$102.7b	26.4x	27.5x	6.2x
Thu, 08 Feb 2024	US$3.0t	US$458.7b	US$102.6b	29x	29.7x	6.6x
Sat, 06 Jan 2024	US$2.9t	US$454.7b	US$98.6b	26.6x	29.7x	6.4x
Mon, 04 Dec 2023	US$3.1t	US$455.3b	US$98.5b	27.2x	31.2x	6.7x
Wed, 01 Nov 2023	US$2.8t	US$452.8b	US$94.9b	19x	29x	6.1x
Fri, 29 Sep 2023	US$2.8t	US$453.9b	US$95.1b	22.3x	29x	6.1x
Sun, 27 Aug 2023	US$2.9t	US$453.8b	US$95.2b	25.2x	30.3x	6.3x
Tue, 25 Jul 2023	US$3.1t	US$456.4b	US$95.7b	32.1x	32.7x	6.9x
Thu, 22 Jun 2023	US$3.0t	US$456.4b	US$95.7b	30.7x	31.1x	6.5x
Sat, 20 May 2023	US$2.8t	US$456.4b	US$95.7b	25.5x	29.6x	6.2x

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 36.9x which is higher than its 3-year average PE of 33.3x.

The 3-year average PS ratio of 7.1x is lower than the industry's current PS ratio of 8.6x.

Past Earnings Growth

The earnings for companies in the Tech industry have grown 13% per year over the last three years.
Revenues for these companies have grown 8.6% 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 Market	2.58%
Tech	7.51%
Tech Hardware	7.16%
Tech Hardware Storage and Peripherals	7.16%

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?

Company	Last Price	7D	1Y	Valuation
AAPL Apple	US$294.80	3.7% +US$156.0b	38.4%	PE35.3x
DELL Dell Technologies	US$238.94	10.5% +US$14.7b	121.5%	PE26.2x
STX Seagate Technology Holdings	US$808.80	4.9% +US$8.5b	666.8%	PE76.3x
WDC Western Digital	US$488.74	5.0% +US$8.1b	897.2%	PE26.5x
SNDK Sandisk	US$1.45k	3.2% +US$6.8b	3,357.2%	PE47.7x

Transact Technologies Incorporated Announces Executive Changes

TransAct Technologies Incorporated announced the appointment of Robert Campbell as Chief Financial Officer, effective upon the June 30, 2026, retirement of long-time Chief Financial Officer, Steven A. DeMartino. Mr. DeMartino, who serves as President, Secretary and Treasurer of the Company, will retire following almost 30 years of service to TransAct. Upon Mr. DeMartino’s retirement, Mr. Campbell will take over as Secretary and Treasurer, and John Dillon, the Company’s Chief Executive Officer, will assume the title of President of the Company. Mr. DeMartino will remain in an advisory role through the end of the year to support a seamless transition. Additionally, TransAct announced that William J. DeFrances, the Company’s Principal Accounting Officer, will retire later this year. As part of a planned succession ahead of Mr. DeFrances’ retirement, Mr. Campbell has been named Principal Accounting Officer, effective immediately. Mr. DeFrances will continue to serve as an advisor after his retirement to help ensure a smooth transition. Mr. Campbell has more than 25 years of financial leadership experience across publicly traded and privately held global manufacturing organizations. He has served as the Company’s Controller since June 2022, playing a key role in strengthening financial operations, enhancing reporting and internal controls, and supporting TransAct’s transition toward a recurring revenue model. Prior to joining TransAct, Mr. Campbell held senior finance leadership roles at Lydall Inc., including Director of Global Treasury and Director of Corporate Accounting, where he was responsible for global treasury operations, SEC reporting, financial consolidations, and capital structure management. Earlier in his career, Mr. Campbell held finance and accounting leadership positions with Fischer Technology Inc., Axsys Technologies Inc., and other organizations. Mr. Campbell began his career in public accounting and holds a B.S. in Accounting from Central Connecticut State University.

U.S. Tech Hardware Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Super Micro Computer, Inc. Appoints Vik Malyala as Chief Business Officer

Canaan Inc. to Report Q1, 2026 Results on May 19, 2026

Everpure Announces New Capabilities For Red Hat OpenShift Users

Analysts' Revenue Estimates For Sandisk Corporation (NASDAQ:SNDK) Are Surging Higher

IonQ Advances Quantum Platform With DARPA Contract and SkyWater Merger as Revenue Hits Record US$64.7 Million

Investor sentiment improves as stock rises 17%

Transact Technologies Incorporated Announces Executive Changes

Dell Technologies Stock Jumps Over 120% as AI Server Demand and Analyst Optimism Build

First quarter 2026 earnings released: US$0.16 loss per share (vs US$0.12 loss in 1Q 2025)

Key Executive recently sold US$71m worth of stock

GPGI Sees Mixed Q1 With CompoSecure Records and Husky Margin Pressures After $5b Deal

Seagate Technology Holdings plc Announces the Retirement of Michael R. Cannon, Lead Independent Director

CPI Card Group Inc. Affirms Earnings Guidance for 2026

HP Inc. to Report Q2, 2026 Results on May 27, 2026

Boxlight Corporation, Annual General Meeting, Jun 02, 2026

Full year 2025 earnings released: US$2.24 loss per share (vs US$3.22 loss in FY 2024)