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

U.S. Tech Sector Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies960
  • 7D-0.8%
  • 3M8.7%
  • 1Y27.1%
  • YTD26.2%

In the last week, the Tech industry is flat overall, with Oracle standing out by going down 9.3%. As for the the longer term, the industry is up 27% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Nov 2025US$23.2tUS$2.5tUS$478.4b30.1x48.5x9.1x
Sat, 11 Oct 2025US$22.8tUS$2.5tUS$439.1b30.5x51.9x9.1x
Mon, 08 Sep 2025US$20.8tUS$2.5tUS$435.1b29.2x47.9x8.5x
Wed, 06 Aug 2025US$20.7tUS$2.4tUS$413.8b27.3x50x8.6x
Fri, 04 Jul 2025US$20.1tUS$2.4tUS$393.2b29.4x51x8.4x
Sun, 01 Jun 2025US$17.9tUS$2.4tUS$390.3b27x46x7.5x
Tue, 29 Apr 2025US$16.0tUS$2.3tUS$385.9b25.6x41.5x6.9x
Thu, 27 Mar 2025US$16.7tUS$2.3tUS$387.3b26.7x43.2x7.2x
Sat, 22 Feb 2025US$18.4tUS$2.3tUS$369.5b30.2x49.8x8x
Mon, 20 Jan 2025US$18.4tUS$2.3tUS$367.0b33.9x50x8.1x
Wed, 18 Dec 2024US$19.0tUS$2.3tUS$363.6b32.7x52.1x8.4x
Fri, 15 Nov 2024US$18.2tUS$2.2tUS$351.5b33x51.7x8.1x
Sun, 13 Oct 2024US$17.6tUS$2.2tUS$378.2b30.4x46.6x8.1x
Tue, 10 Sep 2024US$15.8tUS$2.2tUS$374.6b27.4x42.3x7.3x
Thu, 08 Aug 2024US$15.1tUS$2.1tUS$366.3b27.3x41.3x7.1x
Sat, 06 Jul 2024US$17.3tUS$2.1tUS$362.9b30.7x47.8x8.2x
Mon, 03 Jun 2024US$15.1tUS$2.1tUS$351.1b29.5x43x7.3x
Wed, 01 May 2024US$13.9tUS$2.1tUS$335.0b27.7x41.6x6.8x
Fri, 29 Mar 2024US$14.8tUS$2.0tUS$328.0b28.2x45x7.2x
Sun, 25 Feb 2024US$14.4tUS$2.0tUS$322.4b27.5x44.8x7.1x
Tue, 23 Jan 2024US$14.0tUS$2.0tUS$292.0b26.5x48.1x6.8x
Thu, 21 Dec 2023US$13.4tUS$2.1tUS$293.6b25.3x45.8x6.5x
Sat, 18 Nov 2023US$12.6tUS$2.0tUS$281.5b24.5x44.9x6.2x
Mon, 16 Oct 2023US$11.8tUS$2.0tUS$270.2b24.8x43.5x5.8x
Wed, 13 Sep 2023US$12.0tUS$2.0tUS$272.9b24x44.1x5.9x
Fri, 11 Aug 2023US$11.7tUS$2.0tUS$263.4b25.3x44.2x5.8x
Sun, 09 Jul 2023US$11.9tUS$2.0tUS$258.1b24.5x46x5.9x
Tue, 06 Jun 2023US$11.5tUS$2.0tUS$264.1b24.2x43.7x5.7x
Thu, 04 May 2023US$10.1tUS$2.0tUS$263.9b20.5x38.4x5x
Sat, 01 Apr 2023US$10.4tUS$2.0tUS$275.0b23.4x37.9x5.1x
Mon, 27 Feb 2023US$10.7tUS$2.3tUS$296.1b23.1x36x4.7x
Wed, 25 Jan 2023US$10.5tUS$2.2tUS$327.4b23.9x32.2x4.7x
Fri, 23 Dec 2022US$9.8tUS$2.2tUS$327.5b21.8x29.8x4.3x
Sun, 20 Nov 2022US$10.3tUS$2.2tUS$331.0b22.1x31.2x4.6x
Price to Earnings Ratio

31.2x


Total Market Cap: US$10.3tTotal Earnings: US$331.0bTotal Revenue: US$2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Sector Price to Earnings3Y Average 44.2x202320242025
Current Industry PE
  • Investors are optimistic on the American Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 48.5x which is higher than its 3-year average PE of 44.2x.
  • The 3-year average PS ratio of 6.9x is lower than the industry's current PS ratio of 9.1x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 4.3% 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 Market0.42%
Tech-0.82%
Tech Hardware1.18%
Electronic Equipment and Components0.14%
Semiconductors-1.09%
Software-1.46%
Communications-1.50%
IT-2.03%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 50.4x.
    • Analysts are expecting annual earnings growth of 24.8%, which is higher than its past year's earnings decline of 1.4% 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 31.5x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings decline of 1.4% per year.
  • In contrast, the Tech Hardware industry is expected to see its earnings grow by 8.9% 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
AAPL AppleUS$273.471.4%
+US$54.7b		19.8%PE36.1x
MSFT MicrosoftUS$511.140.8%
+US$29.6b		20.2%PE36.2x
DDOG DatadogUS$190.8923.2%
+US$12.9b		48.6%PE627x
SNDK SandiskUS$283.1030.8%
+US$9.8b		n/aPS5.3x
MU Micron TechnologyUS$244.903.1%
+US$8.3b		145.1%PE32.2x

Latest News

MSFT
US$511.14
Microsoft
7D
0.8%
1Y
20.2%
CSCO
US$73.96
Cisco Systems
7D
2.6%
1Y
25.0%
AMD
US$258.89
Advanced Micro Devices
7D
1.0%
1Y
85.9%
AVGO
US$355.22
Broadcom
7D
-1.0%
1Y
104.6%
CRWV
US$85.43
CoreWeave
7D
-25.3%
1Y
n/a
IBM
US$314.98
International Business Machines
7D
2.7%
1Y
49.3%
SNDK
US$283.10
Sandisk
7D
30.8%
1Y
n/a

Analyst Forecasts For Sandisk Corporation (NASDAQ:SNDK) Are Surging Higher

Nov 11
Analyst Forecasts For Sandisk Corporation (NASDAQ:SNDK) Are Surging Higher
PLTR
US$184.17
Palantir Technologies
7D
-2.0%
1Y
203.4%
NVDA
US$193.80
NVIDIA
7D
-0.7%
1Y
32.5%
UI
US$584.81
Ubiquiti
7D
-24.8%
1Y
73.3%
APP
US$584.86
AppLovin
7D
-5.2%
1Y
106.0%
MU
US$244.90
Micron Technology
7D
3.1%
1Y
145.1%

Micron Technology, Inc.'s (NASDAQ:MU) 28% Price Boost Is Out Of Tune With Revenues

Nov 07
Micron Technology, Inc.'s (NASDAQ:MU) 28% Price Boost Is Out Of Tune With Revenues
DDOG
US$190.89
Datadog
7D
23.2%
1Y
48.6%
ARM
US$148.75
Arm Holdings
7D
-7.1%
1Y
10.1%
AAPL
US$273.47
Apple
7D
1.4%
1Y
19.8%
ORCL
US$226.99
Oracle
7D
-9.3%
1Y
19.7%

ORCL: Accelerating AI Cloud Demand Will Drive Upside Through Major Multi-Year Contracts

Oracle's analyst price target saw a modest increase, rising by $10 to $360. Analysts pointed to continued strength in AI infrastructure demand and the company’s ability to accelerate earnings growth through fiscal 2028.