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U.S. Tech Sector Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies996
  • 7D-0.7%
  • 3M25.8%
  • 1Y43.5%
  • YTD19.1%

Over the last 7 days, the Tech industry has remained flat, although notably Micron Technology gained 15%. The past year has been better, since the industry has gained 43% in that time. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026US$26.9tUS$2.8tUS$618.5b35.4x43.5x9.5x
Wed, 13 May 2026US$21.0tUS$2.8tUS$569.1b35.9x36.9x7.6x
Fri, 10 Apr 2026US$21.7tUS$2.7tUS$554.9b31.6x39x8x
Sun, 08 Mar 2026US$21.1tUS$2.7tUS$542.3b29.3x39x7.9x
Tue, 03 Feb 2026US$22.3tUS$2.6tUS$528.4b30.3x42.1x8.5x
Thu, 01 Jan 2026US$22.7tUS$2.6tUS$506.8b31x44.8x8.8x
Sat, 29 Nov 2025US$22.6tUS$2.6tUS$494.1b30.2x45.7x8.8x
Mon, 27 Oct 2025US$23.3tUS$2.5tUS$463.2b30.7x50.2x9.3x
Wed, 24 Sep 2025US$22.6tUS$2.5tUS$435.4b31.8x51.8x9.2x
Fri, 22 Aug 2025US$20.6tUS$2.4tUS$418.1b27.2x49.2x8.5x
Sun, 20 Jul 2025US$20.5tUS$2.4tUS$392.6b29.1x52.2x8.6x
Tue, 17 Jun 2025US$18.6tUS$2.4tUS$391.0b27.9x47.5x7.8x
Thu, 15 May 2025US$18.0tUS$2.4tUS$384.0b27x46.8x7.6x
Sat, 12 Apr 2025US$15.0tUS$2.3tUS$386.7b24.5x38.9x6.5x
Mon, 10 Mar 2025US$16.9tUS$2.3tUS$384.4b28.1x44x7.3x
Wed, 05 Feb 2025US$17.7tUS$2.3tUS$371.0b33x47.7x7.7x
Fri, 03 Jan 2025US$18.3tUS$2.3tUS$366.8b31.9x49.9x8.1x
Sun, 01 Dec 2024US$18.2tUS$2.2tUS$361.4b32.9x50.3x8.1x
Tue, 29 Oct 2024US$17.8tUS$2.2tUS$377.9b30.4x47.1x8x
Thu, 26 Sep 2024US$17.1tUS$2.2tUS$375.4b28.9x45.5x7.9x
Sat, 24 Aug 2024US$16.9tUS$2.1tUS$367.4b29.6x45.9x7.9x
Mon, 22 Jul 2024US$16.7tUS$2.1tUS$363.1b30.7x46x7.9x
Wed, 19 Jun 2024US$17.2tUS$2.1tUS$360.7b29.5x47.6x8.1x
Fri, 17 May 2024US$15.0tUS$2.0tUS$336.2b29.7x44.7x7.4x
Sun, 14 Apr 2024US$14.8tUS$2.0tUS$328.5b28x45.1x7.2x
Tue, 12 Mar 2024US$14.6tUS$2.0tUS$325.0b28.3x44.9x7.1x
Thu, 08 Feb 2024US$14.0tUS$2.0tUS$306.8b26x45.5x6.9x
Sat, 06 Jan 2024US$12.8tUS$2.1tUS$292.6b26x43.8x6.2x
Mon, 04 Dec 2023US$12.8tUS$2.1tUS$292.3b25.4x43.8x6.2x
Wed, 01 Nov 2023US$11.3tUS$2.0tUS$277.5b22.7x40.9x5.6x
Fri, 29 Sep 2023US$11.4tUS$2.0tUS$269.7b24.5x42.4x5.6x
Sun, 27 Aug 2023US$11.7tUS$2.0tUS$270.6b24.4x43.3x5.8x
Tue, 25 Jul 2023US$12.2tUS$2.0tUS$258.1b25.4x47.4x6x
Thu, 22 Jun 2023US$11.7tUS$2.0tUS$264.4b24.7x44.3x5.8x
Price to Earnings Ratio

44.3x


Total Market Cap: US$11.7tTotal Earnings: US$264.4bTotal Revenue: US$2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Sector Price to Earnings3Y Average 45.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Information Technology 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 45.3x.
  • The 3-year average PS ratio of 7.5x is lower than the industry's current PS ratio of 9.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 12% 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 sector?

US Market0.50%
Tech-0.69%
Semiconductors2.76%
Electronic Equipment and Components1.91%
Communications-0.21%
IT-2.96%
Tech Hardware-3.33%
Software-5.52%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 33.9x.
    • Analysts are expecting annual earnings growth of 27.0%, which is higher than its past year's earnings growth of 10.6% per year.
  • Investors are most pessimistic about the Tech Hardware industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 33.6x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Tech Hardware industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MU Micron TechnologyUS$1.09k14.6%
+US$156.6b		808.0%PE50.9x
NVDA NVIDIAUS$212.461.8%
+US$92.4b		46.8%PE32.2x
AMD Advanced Micro DevicesUS$546.9811.6%
+US$92.4b		332.8%PE180.8x
INTC IntelUS$127.8616.0%
+US$88.4b		516.5%PS12x
LRCX Lam ResearchUS$388.9219.9%
+US$80.6b		316.4%PE72.5x

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MU
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