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U.S. Tech Sector Analysis

UpdatedJun 23, 2025
DataAggregated Company Financials
Companies934
  • 7D1.0%
  • 3M10.3%
  • 1Y10.0%
  • YTD2.5%

In the last week, the Tech industry is flat overall, with Accenture standing out by going down 9.2%. The past year has been better, since the industry has gained 10% in that time. Looking forward, earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Jun 2025US$18.7tUS$2.4tUS$391.7b27.2x47.8x7.8x
Wed, 21 May 2025US$18.1tUS$2.4tUS$385.2b26.7x47x7.7x
Fri, 18 Apr 2025US$14.9tUS$2.3tUS$386.6b24.6x38.6x6.4x
Sun, 16 Mar 2025US$16.6tUS$2.3tUS$386.2b26.5x42.9x7.1x
Tue, 11 Feb 2025US$18.2tUS$2.3tUS$372.0b33.2x48.8x7.9x
Thu, 09 Jan 2025US$18.4tUS$2.3tUS$366.9b33.1x50.2x8.2x
Sat, 07 Dec 2024US$18.8tUS$2.3tUS$362.4b33.4x51.9x8.4x
Mon, 04 Nov 2024US$17.2tUS$2.2tUS$353.4b29.7x48.8x7.7x
Wed, 02 Oct 2024US$17.3tUS$2.2tUS$378.1b29.4x45.6x8x
Fri, 30 Aug 2024US$16.7tUS$2.2tUS$378.3b29.2x44.2x7.7x
Sun, 28 Jul 2024US$16.3tUS$2.1tUS$361.7b31.6x45.2x7.7x
Tue, 25 Jun 2024US$16.9tUS$2.1tUS$360.6b29.8x46.8x8x
Thu, 23 May 2024US$15.2tUS$2.0tUS$337.3b29.6x44.9x7.4x
Sat, 20 Apr 2024US$13.9tUS$2.0tUS$328.5b27.8x42.3x6.8x
Mon, 18 Mar 2024US$14.5tUS$2.0tUS$325.3b27.9x44.7x7.1x
Wed, 14 Feb 2024US$14.2tUS$2.0tUS$309.8b27x45.8x7x
Fri, 12 Jan 2024US$13.4tUS$2.0tUS$292.0b26.1x45.7x6.5x
Sun, 10 Dec 2023US$12.9tUS$2.1tUS$293.2b25x44x6.3x
Tue, 07 Nov 2023US$11.8tUS$2.0tUS$279.2b22.8x42.4x5.8x
Thu, 05 Oct 2023US$11.6tUS$2.0tUS$269.9b24.7x43x5.7x
Sat, 02 Sep 2023US$12.3tUS$2.0tUS$272.5b24.7x45x6x
Mon, 31 Jul 2023US$12.4tUS$2.0tUS$263.2b24.8x47.1x6.1x
Wed, 28 Jun 2023US$11.8tUS$2.0tUS$264.5b24.1x44.7x5.8x
Fri, 26 May 2023US$10.6tUS$2.0tUS$261.2b23x40.7x5.2x
Sun, 23 Apr 2023US$10.2tUS$2.0tUS$275.1b21.5x36.9x5x
Tue, 21 Mar 2023US$9.9tUS$2.0tUS$278.5b21.8x35.5x4.9x
Thu, 16 Feb 2023US$11.3tUS$2.3tUS$297.5b24.1x38.1x5x
Sat, 14 Jan 2023US$10.2tUS$2.2tUS$327.5b23.8x31.2x4.5x
Mon, 12 Dec 2022US$10.2tUS$2.2tUS$330.5b22.6x30.9x4.5x
Wed, 09 Nov 2022US$9.4tUS$2.2tUS$333.7b20.3x28.3x4.2x
Fri, 07 Oct 2022US$10.1tUS$2.2tUS$345.7b19.7x29.1x4.6x
Sun, 04 Sep 2022US$10.5tUS$2.2tUS$347.1b20.8x30.4x4.8x
Tue, 02 Aug 2022US$11.6tUS$2.2tUS$355.2b23.7x32.6x5.3x
Thu, 30 Jun 2022US$10.3tUS$2.2tUS$358.6b22.5x28.7x4.8x
Price to Earnings Ratio

28.7x


Total Market Cap: US$10.3tTotal Earnings: US$358.6bTotal Revenue: US$2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Sector Price to Earnings3Y Average 41.6x202320242025
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 47.8x which is higher than its 3-year average PE of 41.6x.
  • The 3-year average PS ratio of 6.4x is lower than the industry's current PS ratio of 7.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 3.0% per year over the last three years.
  • Revenues for these companies have grown 3.5% 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 Market0.027%
Tech0.98%
Tech Hardware2.41%
Electronic Equipment and Components2.16%
Semiconductors1.61%
IT0.66%
Communications0.35%
Software-0.20%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 67.8x.
    • Analysts are expecting annual earnings growth of 20.4%, which is higher than its past year's earnings growth of 3.3% per year.
  • Investors are most pessimistic about the Tech Hardware industry, which is trading close to its 3-year average of 29.8x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 0.7% per year.
  • In contrast, the Tech Hardware industry is expected to see its earnings grow by 9.3% 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$201.001.3%
+US$38.5b		-3.4%PE30.9x
CRCL Circle Internet GroupUS$240.2859.1%
+US$20.3b		n/aPE2814.7x
CRWV CoreWeaveUS$183.5815.8%
+US$12.0b		n/aPS32.5x
MU Micron TechnologyUS$123.603.1%
+US$4.2b		-11.1%PE29.6x
DELL Dell TechnologiesUS$119.374.9%
+US$3.8b		-13.2%PE17.8x

Latest News

MSFT
US$477.40
Microsoft
7D
-0.4%
1Y
6.6%
author-image

Microsoft Will Lead the Charge with a 12% Revenue Growth Ahead

Where do you think revenue will be in 5 years time? and why?📊 Where Could MSFT’s Revenue Be in 5 Years?As of FY2023, Microsoft's revenue was $232 billion, with an average 5-year CAGR (Compound Annual
AAPL
US$201.00
Apple
7D
1.3%
1Y
-3.4%
NVDA
US$143.85
NVIDIA
7D
-0.6%
1Y
21.8%
ORCL
US$205.17
Oracle
7D
-2.8%
1Y
46.7%
DELL
US$119.37
Dell Technologies
7D
4.9%
1Y
-13.2%
ACN
US$285.37
Accenture
7D
-9.2%
1Y
-7.1%
ADBE
US$376.92
Adobe
7D
-6.2%
1Y
-28.1%
CSCO
US$66.32
Cisco Systems
7D
1.2%
1Y
40.3%
ANET
US$86.25
Arista Networks
7D
-9.3%
1Y
4.8%
CRWV
US$183.58
CoreWeave
7D
15.8%
1Y
n/a
AVGO
US$249.99
Broadcom
7D
-0.8%
1Y
57.0%
AMD
US$128.24
Advanced Micro Devices
7D
1.5%
1Y
-20.0%
MU
US$123.60
Micron Technology
7D
3.1%
1Y
-11.1%
CRCL
US$240.28
Circle Internet Group
7D
59.1%
1Y
n/a
APP
US$324.70
AppLovin
7D
-12.4%
1Y
316.0%
ARM
US$145.04
Arm Holdings
7D
2.1%
1Y
-4.0%