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U.S. Tech Hardware Industry Analysis
UpdatedApr 04, 2025
DataAggregated Company Financials
Companies43
- 7D-7.0%
- 3M-17.2%
- 1Y16.0%
- YTD-17.2%
Over the last 7 days, the Tech Hardware industry has dropped 7.0%, driven by Apple declining 6.8%. Meanwhile, Foxx Development Holdings actually outperformed within the industry, gaining 17% in the last week. This takes the industry's 12 month performance to a gain of 16%. 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 Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 04 Apr 2025 | US$3.2t | US$494.0b | US$101.2b | 13.3x | 31.2x | 6.4x |
| Sun, 02 Mar 2025 | US$3.8t | US$492.7b | US$100.5b | 17.8x | 37.4x | 7.6x |
| Tue, 28 Jan 2025 | US$3.6t | US$473.9b | US$97.2b | 22.9x | 37x | 7.6x |
| Thu, 26 Dec 2024 | US$4.0t | US$473.9b | US$97.2b | 26.6x | 41.5x | 8.5x |
| Sat, 23 Nov 2024 | US$3.6t | US$472.7b | US$96.5b | 21.8x | 37.1x | 7.6x |
| Mon, 21 Oct 2024 | US$3.7t | US$466.0b | US$106.8b | 19.7x | 34.7x | 7.9x |
| Wed, 18 Sep 2024 | US$3.4t | US$466.0b | US$106.7b | 19.1x | 31.9x | 7.3x |
| Fri, 16 Aug 2024 | US$3.5t | US$465.1b | US$106.7b | 24.3x | 32.8x | 7.5x |
| Sun, 14 Jul 2024 | US$3.7t | US$457.1b | US$103.3b | 27.2x | 35.8x | 8.1x |
| Tue, 11 Jun 2024 | US$3.1t | US$457.1b | US$103.2b | 25.7x | 30.2x | 6.8x |
| Thu, 09 May 2024 | US$2.9t | US$456.7b | US$103.3b | 27.9x | 28.5x | 6.4x |
| Sat, 06 Apr 2024 | US$2.8t | US$457.8b | US$102.9b | 24.5x | 26.8x | 6x |
| Mon, 04 Mar 2024 | US$2.9t | US$457.8b | US$102.6b | 27.5x | 28.5x | 6.4x |
| Wed, 31 Jan 2024 | US$3.1t | US$456.3b | US$98.7b | 30x | 31.2x | 6.7x |
| Fri, 29 Dec 2023 | US$3.1t | US$455.3b | US$98.5b | 26.6x | 31.5x | 6.8x |
| Sun, 26 Nov 2023 | US$3.0t | US$456.1b | US$98.1b | 21.8x | 31x | 6.7x |
| Tue, 24 Oct 2023 | US$2.8t | US$453.8b | US$95.1b | 21.1x | 29.3x | 6.1x |
| Thu, 21 Sep 2023 | US$2.8t | US$453.9b | US$95.1b | 20.3x | 29.8x | 6.2x |
| Sat, 19 Aug 2023 | US$2.8t | US$454.0b | US$95.2b | 25.1x | 29.5x | 6.2x |
| Mon, 17 Jul 2023 | US$3.1t | US$456.4b | US$95.7b | 31.8x | 32.3x | 6.8x |
| Wed, 14 Jun 2023 | US$3.0t | US$456.4b | US$95.7b | 30.6x | 31.1x | 6.5x |
| Fri, 12 May 2023 | US$2.8t | US$456.5b | US$95.8b | 24.9x | 29.3x | 6.1x |
| Sun, 09 Apr 2023 | US$2.7t | US$460.6b | US$97.1b | 24x | 27.6x | 5.8x |
| Tue, 07 Mar 2023 | US$2.5t | US$460.8b | US$97.2b | 25.6x | 25.3x | 5.3x |
| Thu, 02 Feb 2023 | US$2.4t | US$466.9b | US$102.0b | 23.8x | 23.3x | 5.1x |
| Sat, 31 Dec 2022 | US$2.1t | US$467.8b | US$102.0b | 22.1x | 20.9x | 4.6x |
| Mon, 28 Nov 2022 | US$2.4t | US$467.0b | US$104.4b | 18x | 23.3x | 5.2x |
| Wed, 26 Oct 2022 | US$2.5t | US$460.8b | US$105.2b | 14.3x | 23.9x | 5.5x |
| Fri, 23 Sep 2022 | US$2.5t | US$461.4b | US$105.4b | 14.7x | 23.9x | 5.5x |
| Sun, 21 Aug 2022 | US$2.8t | US$461.1b | US$105.4b | 16.6x | 26.9x | 6.1x |
| Tue, 19 Jul 2022 | US$2.5t | US$459.6b | US$108.1b | 14.9x | 23.1x | 5.4x |
| Thu, 16 Jun 2022 | US$2.3t | US$459.6b | US$108.1b | 15.1x | 21x | 4.9x |
| Sat, 14 May 2022 | US$2.5t | US$459.1b | US$108.0b | 15.2x | 22.8x | 5.4x |
| Mon, 11 Apr 2022 | US$2.9t | US$450.9b | US$107.0b | 14.6x | 26.7x | 6.3x |
Price to Earnings Ratio
26.7x
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 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 | -5.64% | |
| Tech | -7.35% | |
| Tech Hardware | -6.97% | |
| Tech Hardware Storage and Peripherals | -6.97% | |
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 | |
|---|---|---|---|---|---|
| FOXX Foxx Development Holdings | US$4.98 | 16.6% +US$5.2m | -55.5% | PS0.8x | |
| SONM Sonim Technologies | US$2.67 | 14.6% +US$1.7m | -54.9% | PS0.2x |