Have your own idea? Try our Stock Screener
U.S. Tech Sector Analysis
UpdatedMay 06, 2026
DataAggregated Company Financials
Companies980
- 7D3.1%
- 3M18.6%
- 1Y49.3%
- YTD10.3%
In the last week, the Tech industry is up 3.1%, with Apple up 5.0%. In the same time, NVIDIA was down 6.1%. In the last 12 months, the industry was up 49%. Earnings are forecast to grow by 21% annually.
Sector Valuation and Performance
Has the U.S. Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 07 May 2026 | US$24.6t | US$2.8t | US$574.7b | 33.8x | 42.8x | 8.9x |
| Sat, 04 Apr 2026 | US$20.8t | US$2.7t | US$555.0b | 30x | 37.6x | 7.7x |
| Mon, 02 Mar 2026 | US$21.2t | US$2.7t | US$542.4b | 29.7x | 39.1x | 8x |
| Wed, 28 Jan 2026 | US$22.4t | US$2.6t | US$500.4b | 32.3x | 44.8x | 8.8x |
| Fri, 26 Dec 2025 | US$22.8t | US$2.6t | US$506.9b | 31.1x | 45.1x | 8.8x |
| Sun, 23 Nov 2025 | US$21.6t | US$2.6t | US$492.8b | 28.5x | 43.8x | 8.4x |
| Tue, 21 Oct 2025 | US$22.9t | US$2.5t | US$439.1b | 31.2x | 52.1x | 9.2x |
| Thu, 18 Sep 2025 | US$21.8t | US$2.5t | US$435.5b | 29.8x | 50x | 8.8x |
| Sat, 16 Aug 2025 | US$21.2t | US$2.4t | US$418.3b | 27.9x | 50.8x | 8.7x |
| Mon, 14 Jul 2025 | US$20.0t | US$2.4t | US$393.2b | 28.9x | 50.9x | 8.4x |
| Wed, 11 Jun 2025 | US$18.6t | US$2.4t | US$391.8b | 27.8x | 47.6x | 7.8x |
| Fri, 09 May 2025 | US$16.6t | US$2.3t | US$387.4b | 26.3x | 42.9x | 7.1x |
| Sun, 06 Apr 2025 | US$14.1t | US$2.3t | US$386.8b | 24.1x | 36.4x | 6x |
| Tue, 04 Mar 2025 | US$17.3t | US$2.3t | US$378.5b | 28.8x | 45.7x | 7.5x |
| Thu, 30 Jan 2025 | US$18.3t | US$2.3t | US$366.4b | 34.6x | 50.1x | 8.1x |
| Sat, 28 Dec 2024 | US$18.8t | US$2.3t | US$366.9b | 32.1x | 51.2x | 8.3x |
| Mon, 25 Nov 2024 | US$18.1t | US$2.3t | US$361.1b | 33x | 50.2x | 8.1x |
| Wed, 23 Oct 2024 | US$17.9t | US$2.2t | US$378.2b | 30.1x | 47.4x | 8.3x |
| Fri, 20 Sep 2024 | US$16.5t | US$2.2t | US$375.4b | 28.9x | 44.1x | 7.6x |
| Sun, 18 Aug 2024 | US$16.8t | US$2.1t | US$368.0b | 29.1x | 45.7x | 7.9x |
| Tue, 16 Jul 2024 | US$17.6t | US$2.1t | US$363.1b | 31.3x | 48.5x | 8.3x |
| Thu, 13 Jun 2024 | US$16.0t | US$2.1t | US$351.3b | 29.9x | 45.4x | 7.8x |
| Sat, 11 May 2024 | US$14.4t | US$2.0t | US$337.0b | 30.1x | 42.9x | 7.1x |
| Mon, 08 Apr 2024 | US$14.6t | US$2.0t | US$328.6b | 28.3x | 44.4x | 7.1x |
| Wed, 06 Mar 2024 | US$14.8t | US$2.0t | US$327.5b | 27.3x | 45.3x | 7.3x |
| Fri, 02 Feb 2024 | US$14.0t | US$2.1t | US$302.2b | 25.8x | 46.3x | 6.8x |
| Sun, 31 Dec 2023 | US$13.4t | US$2.1t | US$292.6b | 26.1x | 45.9x | 6.5x |
| Tue, 28 Nov 2023 | US$12.7t | US$2.0t | US$290.1b | 25.1x | 43.8x | 6.2x |
| Thu, 26 Oct 2023 | US$11.3t | US$2.0t | US$274.4b | 22.6x | 41.3x | 5.5x |
| Sat, 23 Sep 2023 | US$11.5t | US$2.0t | US$272.9b | 24.4x | 42x | 5.6x |
| Mon, 21 Aug 2023 | US$11.4t | US$2.0t | US$264.4b | 24.5x | 43.2x | 5.6x |
| Wed, 19 Jul 2023 | US$12.6t | US$2.0t | US$257.8b | 25.7x | 48.7x | 6.2x |
| Fri, 16 Jun 2023 | US$11.9t | US$2.0t | US$264.3b | 24.8x | 45x | 5.9x |
| Sun, 14 May 2023 | US$10.4t | US$2.0t | US$262.0b | 22.8x | 39.5x | 5.1x |
Price to Earnings Ratio
39.5x
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 45.5x.
- The 3-year average PS ratio of 7.5x is lower than the industry's current PS ratio of 8.9x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 11% 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 Market | 1.81% | |
| Tech | 3.08% | |
| Communications | 8.52% | |
| Tech Hardware | 7.29% | |
| Electronic Equipment and Components | 2.54% | |
| Semiconductors | 2.13% | |
| IT | 2.03% | |
| Software | 1.13% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry, which is trading close to its 3-year average PE ratio of 54.3x.
- Analysts are expecting annual earnings growth of 26.1%, which is higher than its past year's earnings growth of 10.2% per year.
- Investors are most pessimistic about the Tech Hardware industry, which is trading close to its 3-year average of 33.3x.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Tech Hardware industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AAPL Apple | US$287.51 | 6.0% +US$242.7b | 45.6% | PE34.5x | |
| NVDA NVIDIA | US$207.83 | 4.1% +US$200.7b | 77.1% | PE42.1x | |
| MU Micron Technology | US$666.59 | 28.9% +US$168.5b | 682.8% | PE31.2x | |
| AMD Advanced Micro Devices | US$421.39 | 18.9% +US$109.1b | 314.3% | PE139.3x | |
| AVGO Broadcom | US$425.44 | 4.9% +US$94.6b | 107.7% | PE80.7x |