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U.S. Tech Sector Analysis

UpdatedJun 08, 2025
DataAggregated Company Financials
Companies935
  • 7D3.2%
  • 3M13.7%
  • 1Y15.4%
  • YTD1.6%

Over the last 7 days, the Tech industry has risen 3.2%, driven by gains from NVIDIA of 4.9%. This takes the industry's 12 month performance to a gain of 15%. 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, 09 Jun 2025US$18.6tUS$2.4tUS$391.8b27.9x47.4x7.8x
Wed, 07 May 2025US$16.6tUS$2.3tUS$385.5b25.8x43x7.1x
Fri, 04 Apr 2025US$15.6tUS$2.3tUS$386.8b25.6x40.4x6.7x
Sun, 02 Mar 2025US$17.6tUS$2.3tUS$378.4b29.7x46.5x7.6x
Tue, 28 Jan 2025US$18.1tUS$2.3tUS$365.6b34x49.5x8x
Thu, 26 Dec 2024US$19.0tUS$2.3tUS$366.9b32.5x51.7x8.4x
Sat, 23 Nov 2024US$18.1tUS$2.3tUS$361.1b32.9x50.2x8.1x
Mon, 21 Oct 2024US$17.8tUS$2.2tUS$378.2b30.3x47x8.2x
Wed, 18 Sep 2024US$16.6tUS$2.2tUS$375.5b28.4x44.3x7.7x
Fri, 16 Aug 2024US$16.3tUS$2.1tUS$367.8b28.6x44.4x7.6x
Sun, 14 Jul 2024US$17.6tUS$2.1tUS$363.1b30.6x48.4x8.3x
Tue, 11 Jun 2024US$15.7tUS$2.1tUS$351.2b29.5x44.7x7.6x
Thu, 09 May 2024US$14.5tUS$2.0tUS$336.6b29.8x43x7.1x
Sat, 06 Apr 2024US$14.5tUS$2.0tUS$328.6b28.3x44x7.1x
Mon, 04 Mar 2024US$14.8tUS$2.0tUS$327.4b28.2x45.3x7.3x
Wed, 31 Jan 2024US$14.2tUS$2.1tUS$296.1b26.6x48.1x6.9x
Fri, 29 Dec 2023US$13.5tUS$2.1tUS$292.5b26.4x46x6.6x
Sun, 26 Nov 2023US$12.7tUS$2.0tUS$290.1b25x43.8x6.2x
Tue, 24 Oct 2023US$11.4tUS$2.0tUS$269.7b23.6x42.3x5.6x
Thu, 21 Sep 2023US$11.6tUS$2.0tUS$272.9b24x42.5x5.7x
Sat, 19 Aug 2023US$11.4tUS$2.0tUS$264.3b24.5x43.2x5.6x
Mon, 17 Jul 2023US$12.2tUS$2.0tUS$257.8b25x47.5x6x
Wed, 14 Jun 2023US$11.8tUS$2.0tUS$264.2b24.9x44.6x5.8x
Fri, 12 May 2023US$10.4tUS$2.0tUS$261.4b23x39.7x5.1x
Sun, 09 Apr 2023US$10.2tUS$2.0tUS$274.9b22.5x37.2x5x
Tue, 07 Mar 2023US$11.0tUS$2.3tUS$298.5b23x37x4.9x
Thu, 02 Feb 2023US$11.0tUS$2.3tUS$319.8b24.8x34.3x4.9x
Sat, 31 Dec 2022US$9.8tUS$2.2tUS$327.4b21.8x29.8x4.3x
Mon, 28 Nov 2022US$10.4tUS$2.2tUS$332.6b22x31.3x4.6x
Wed, 26 Oct 2022US$10.2tUS$2.2tUS$341.3b19.8x29.8x4.6x
Fri, 23 Sep 2022US$10.0tUS$2.2tUS$346.7b19.9x28.8x4.6x
Sun, 21 Aug 2022US$11.8tUS$2.2tUS$349.1b23x33.7x5.4x
Tue, 19 Jul 2022US$10.6tUS$2.2tUS$359.5b22.9x29.4x4.9x
Thu, 16 Jun 2022US$10.3tUS$2.1tUS$358.5b23.7x28.6x4.8x
Price to Earnings Ratio

28.6x


Total Market Cap: US$10.3tTotal Earnings: US$358.5bTotal Revenue: US$2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Sector Price to Earnings3Y Average 41.3x202320242025
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 47.4x which is higher than its 3-year average PE of 41.3x.
  • The 3-year average PS ratio of 6.3x 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 3.7% 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 Market1.78%
Tech3.24%
Communications5.34%
Semiconductors4.77%
IT4.30%
Electronic Equipment and Components2.89%
Software2.30%
Tech Hardware1.65%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 67.6x.
    • Analysts are expecting annual earnings growth of 19.2%, 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 29.7x.
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 9.2% 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
NVDA NVIDIAUS$141.724.9%
+US$160.8b		17.2%PE45x
MSFT MicrosoftUS$470.382.2%
+US$74.5b		11.0%PE36.2x
AAPL AppleUS$203.921.5%
+US$45.9b		3.6%PE31.3x
ORCL OracleUS$174.025.1%
+US$23.8b		38.2%PE40.1x
AVGO BroadcomUS$246.932.0%
+US$22.9b		75.5%PE87.7x
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