Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Tech Hardware Industry Analysis

UpdatedAug 08, 2025
DataAggregated Company Financials
Companies46
  • 7D5.4%
  • 3M11.6%
  • 1Y3.6%
  • YTD-9.2%

Over the last 7 days, the Tech Hardware industry has risen 5.4%, driven by gains from Apple of 6.0%. Meanwhile, Super Micro Computer actually underperformed within the industry, shrinking 21% in the last week. This takes the industry's 12 month performance to a gain of 3.6%. Earnings are forecast to grow by 9.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 08 Aug 2025US$3.3tUS$502.7bUS$100.9b18.9x32.8x6.6x
Sun, 06 Jul 2025US$3.3tUS$499.8bUS$98.6b20.4x33.8x6.7x
Tue, 03 Jun 2025US$3.1tUS$499.8bUS$99.9b16.9x31.3x6.3x
Thu, 01 May 2025US$3.3tUS$494.1bUS$101.2b12.9x32.5x6.7x
Sat, 29 Mar 2025US$3.5tUS$494.1bUS$101.2b14.1x34.3x7x
Mon, 24 Feb 2025US$3.8tUS$486.7bUS$100.5b22.6x38.2x7.9x
Wed, 22 Jan 2025US$3.6tUS$473.9bUS$97.2b24.9x37x7.6x
Fri, 20 Dec 2024US$3.9tUS$473.9bUS$97.2b25.6x39.9x8.2x
Sun, 17 Nov 2024US$3.5tUS$472.5bUS$96.4b22.1x36.4x7.4x
Tue, 15 Oct 2024US$3.6tUS$466.0bUS$106.7b20.1x33.6x7.7x
Thu, 12 Sep 2024US$3.5tUS$466.0bUS$106.7b21.7x32.8x7.5x
Sat, 10 Aug 2024US$3.4tUS$465.1bUS$106.8b22.8x31.5x7.2x
Mon, 08 Jul 2024US$3.6tUS$457.1bUS$103.3b26.9x35.1x7.9x
Wed, 05 Jun 2024US$3.1tUS$456.9bUS$103.3b28.9x30.2x6.8x
Fri, 03 May 2024US$2.8tUS$460.8bUS$103.8b24.4x27x6.1x
Sun, 31 Mar 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Tue, 27 Feb 2024US$2.9tUS$458.7bUS$102.6b27.7x28.6x6.4x
Thu, 25 Jan 2024US$3.1tUS$454.7bUS$98.6b28.7x31.7x6.9x
Sat, 23 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.6x6.8x
Mon, 20 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Wed, 18 Oct 2023US$2.9tUS$453.8bUS$95.1b24.7x30.1x6.3x
Fri, 15 Sep 2023US$2.8tUS$453.9bUS$95.1b22.4x29.6x6.2x
Sun, 13 Aug 2023US$2.9tUS$454.0bUS$95.2b25.8x30.2x6.3x
Tue, 11 Jul 2023US$3.1tUS$456.4bUS$95.7b31.5x31.9x6.7x
Thu, 08 Jun 2023US$2.9tUS$456.4bUS$95.7b29.7x30.3x6.4x
Sat, 06 May 2023US$2.8tUS$458.1bUS$96.3b21.4x29.1x6.1x
Mon, 03 Apr 2023US$2.7tUS$460.6bUS$97.1b25x27.6x5.8x
Wed, 01 Mar 2023US$2.4tUS$459.9bUS$97.2b24.5x24.8x5.2x
Fri, 27 Jan 2023US$2.4tUS$468.0bUS$102.9b23.4x22.9x5x
Sun, 25 Dec 2022US$2.2tUS$467.8bUS$102.0b22.1x21.2x4.6x
Tue, 22 Nov 2022US$2.4tUS$467.0bUS$104.4b14.5x23.3x5.2x
Thu, 20 Oct 2022US$2.4tUS$460.8bUS$105.2b14.1x22.6x5.2x
Sat, 17 Sep 2022US$2.5tUS$461.4bUS$105.4b15.7x23.6x5.4x
Mon, 15 Aug 2022US$2.8tUS$461.1bUS$105.3b13.4x27x6.2x
Price to Earnings Ratio

27x


Total Market Cap: US$2.8tTotal Earnings: US$105.3bTotal Revenue: US$461.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 30.3x202320242025
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 30.3x.
  • The industry is trading close to its 3-year average PS ratio of 6.5x.
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 2.9% 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 Market0.20%
Tech1.19%
Tech Hardware5.43%
Tech Hardware Storage and Peripherals5.43%
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$220.036.0%
+US$181.5b		3.2%PE32.9x
DELL Dell TechnologiesUS$133.930.9%
+US$838.7m		46.4%PE19.9x
HPQ HPUS$25.352.2%
+US$516.6m		-23.2%PE9.5x
IONQ IonQUS$40.491.6%
+US$175.6m		469.5%PS266.3x
QUBT Quantum ComputingUS$15.766.2%
+US$142.5m		2,513.6%PS6342.4x

Latest News

STX
US$148.10
Seagate Technology Holdings
7D
-5.7%
1Y
55.2%

Seagate Technology Holdings (NASDAQ:STX) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Aug 08
Seagate Technology Holdings (NASDAQ:STX) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
AAPL
US$220.03
Apple
7D
6.0%
1Y
3.2%
CRSR
US$8.86
Corsair Gaming
7D
-2.2%
1Y
37.4%
IONQ
US$40.49
IonQ
7D
1.6%
1Y
469.5%
PSTG
US$57.81
Pure Storage
7D
-2.9%
1Y
4.7%
XRX
US$4.22
Xerox Holdings
7D
4.2%
1Y
-57.8%
NTAP
US$103.85
NetApp
7D
-0.3%
1Y
-12.9%
HPE
US$20.40
Hewlett Packard Enterprise
7D
-1.4%
1Y
17.9%
WDC
US$74.44
Western Digital
7D
-2.8%
1Y
24.7%
SMCI
US$46.67
Super Micro Computer
7D
-20.9%
1Y
-8.5%
HPQ
US$25.35
HP
7D
2.2%
1Y
-23.2%
SNDK
US$40.69
Sandisk
7D
-1.5%
1Y
n/a
DELL
US$133.93
Dell Technologies
7D
0.9%
1Y
46.4%
DBD
US$60.00
Diebold Nixdorf
7D
6.6%
1Y
67.0%

Does Diebold Nixdorf (NYSE:DBD) Have A Healthy Balance Sheet?

Jul 17
Does Diebold Nixdorf (NYSE:DBD) Have A Healthy Balance Sheet?
KODK
US$7.12
Eastman Kodak
7D
6.3%
1Y
44.1%

The Market Lifts Eastman Kodak Company (NYSE:KODK) Shares 33% But It Can Do More

Jul 15
The Market Lifts Eastman Kodak Company (NYSE:KODK) Shares 33% But It Can Do More
QUBT
US$15.76
Quantum Computing
7D
6.2%
1Y
2,513.6%