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U.S. Tech Hardware Industry Analysis

UpdatedMay 22, 2026
DataAggregated Company Financials
Companies49
  • 7D2.4%
  • 3M20.9%
  • 1Y65.8%
  • YTD21.1%

Over the last 7 days, the Tech Hardware industry has risen 2.4%, driven by gains from Apple of 2.3%. Meanwhile, Everpure actually underperformed within the industry, shrinking 5.7% in the last week. This takes the industry's 12 month performance to a gain of 66%. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 May 2026US$5.1tUS$584.2bUS$136.5b43.6x37.5x8.8x
Mon, 20 Apr 2026US$4.5tUS$556.1bUS$122.6b32x36.6x8.1x
Wed, 18 Mar 2026US$4.1tUS$556.1bUS$122.6b27x33.6x7.4x
Fri, 13 Feb 2026US$4.4tUS$552.8bUS$121.6b28.5x36.5x8x
Sun, 11 Jan 2026US$4.1tUS$514.0bUS$111.8b26.4x36.3x7.9x
Tue, 09 Dec 2025US$4.3tUS$514.1bUS$111.9b26.6x38.8x8.4x
Thu, 06 Nov 2025US$4.2tUS$513.1bUS$114.4b22.4x36.9x8.2x
Sat, 04 Oct 2025US$4.0tUS$504.4bUS$100.3b28.5x40.2x8x
Mon, 01 Sep 2025US$3.6tUS$502.9bUS$100.5b21.6x35.9x7.2x
Wed, 30 Jul 2025US$3.4tUS$500.2bUS$98.6b19.9x34x6.7x
Fri, 27 Jun 2025US$3.1tUS$500.2bUS$98.5b18.5x32x6.3x
Sun, 25 May 2025US$3.0tUS$499.7bUS$99.9b16.5x30.4x6.1x
Tue, 22 Apr 2025US$3.1tUS$494.0bUS$101.2b11.2x30.2x6.2x
Thu, 20 Mar 2025US$3.3tUS$494.0bUS$101.2b16.5x33.1x6.8x
Sat, 15 Feb 2025US$3.8tUS$479.7bUS$100.5b22.1x37.5x7.9x
Mon, 13 Jan 2025US$3.7tUS$473.9bUS$97.2b23.2x38.2x7.8x
Wed, 11 Dec 2024US$3.9tUS$473.9bUS$97.2b21.4x39.8x8.2x
Fri, 08 Nov 2024US$3.5tUS$472.6bUS$98.5b16.2x35.4x7.4x
Sun, 06 Oct 2024US$3.6tUS$466.0bUS$106.7b17.9x33.5x7.7x
Tue, 03 Sep 2024US$3.6tUS$465.4bUS$106.6b21.7x33.8x7.7x
Thu, 01 Aug 2024US$3.5tUS$456.9bUS$103.3b26.5x34.4x7.8x
Sat, 29 Jun 2024US$3.4tUS$457.1bUS$103.3b26.9x33.3x7.5x
Mon, 27 May 2024US$3.1tUS$456.7bUS$103.3b28.1x29.7x6.7x
Wed, 24 Apr 2024US$2.7tUS$457.6bUS$102.7b23.7x26.4x5.9x
Fri, 22 Mar 2024US$2.8tUS$457.8bUS$102.8b26.2x27.1x6.1x
Sun, 18 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Tue, 16 Jan 2024US$3.0tUS$454.7bUS$98.6b27.7x30.2x6.5x
Thu, 14 Dec 2023US$3.1tUS$455.3bUS$98.5b26.7x31.7x6.9x
Sat, 11 Nov 2023US$2.9tUS$456.1bUS$98.2b19x29.8x6.4x
Mon, 09 Oct 2023US$2.9tUS$453.8bUS$95.1b23.9x30.1x6.3x
Wed, 06 Sep 2023US$3.1tUS$453.9bUS$95.1b23.2x32.2x6.7x
Fri, 04 Aug 2023US$3.1tUS$454.6bUS$94.7b32.1x33x6.9x
Sun, 02 Jul 2023US$3.1tUS$456.4bUS$95.7b32.3x32.8x6.9x
Tue, 30 May 2023US$2.8tUS$456.3bUS$95.6b29.3x29.7x6.2x
Price to Earnings Ratio

29.7x


Total Market Cap: US$2.8tTotal Earnings: US$95.6bTotal Revenue: US$456.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 33.4x202420252026
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 37.5x which is higher than its 3-year average PE of 33.4x.
  • The 3-year average PS ratio of 7.1x is lower than the industry's current PS ratio of 8.8x.
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-0.82%
Tech-0.85%
Tech Hardware2.40%
Tech Hardware Storage and Peripherals2.40%
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$308.822.9%
+US$126.2b		58.2%PE37x
DELL Dell TechnologiesUS$295.1922.0%
+US$34.6b		163.3%PE32.3x
SNDK SandiskUS$1.48k5.0%
+US$10.5b		3,866.4%PE48.6x
HPE Hewlett Packard EnterpriseUS$37.5813.5%
+US$5.9b		115.7%PS1.4x
IONQ IonQUS$63.6422.5%
+US$4.4b		39.3%PE77x

Latest News

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