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U.S. Market Analysis & Valuation

UpdatedAug 02, 2026
DataAggregated Company Financials
Companies7762
  • 7D1.0%
  • 3M3.0%
  • 1Y19.1%
  • YTD6.9%

In the last week, the market has stayed flat, however the Consumer Discretionary sector stood out, gaining 7.3%. As for the longer term, the market has risen 19% in the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Aug 2026US$79.6tUS$24.7tUS$2.7t19.2x29.7x3.2x
Tue, 30 Jun 2026US$80.1tUS$24.3tUS$2.5t19x32.2x3.3x
Thu, 28 May 2026US$73.8tUS$24.2tUS$2.5t18.9x30x3x
Sat, 25 Apr 2026US$70.3tUS$23.8tUS$2.3t19.5x30.3x3x
Mon, 23 Mar 2026US$68.2tUS$23.7tUS$2.3t18.1x29.6x2.9x
Wed, 18 Feb 2026US$71.9tUS$23.6tUS$2.3t19.4x31.5x3x
Fri, 16 Jan 2026US$73.0tUS$23.2tUS$2.3t19.5x31.9x3.2x
Sun, 14 Dec 2025US$71.8tUS$23.1tUS$2.3t19.1x31.4x3.1x
Tue, 11 Nov 2025US$71.0tUS$23.1tUS$2.3t18.2x31.3x3.1x
Thu, 09 Oct 2025US$70.9tUS$22.9tUS$2.2t19.1x32.4x3.1x
Sat, 06 Sep 2025US$68.3tUS$22.9tUS$2.2t19.1x31.3x3x
Mon, 04 Aug 2025US$65.2tUS$22.7tUS$2.1t18x30.4x2.9x
Wed, 02 Jul 2025US$64.4tUS$22.5tUS$2.1t18.2x30.7x2.9x
Fri, 30 May 2025US$61.5tUS$22.4tUS$2.1t17.8x29.3x2.7x
Sun, 27 Apr 2025US$57.3tUS$22.0tUS$2.1t16.9x27.3x2.6x
Tue, 25 Mar 2025US$59.2tUS$21.9tUS$2.0t17.8x28.9x2.7x
Thu, 20 Feb 2025US$64.5tUS$21.9tUS$2.0t18.6x31.6x3x
Sat, 18 Jan 2025US$62.7tUS$22.1tUS$2.0t18.9x31.9x2.8x
Mon, 16 Dec 2024US$63.7tUS$22.0tUS$1.9t19.1x33x2.9x
Wed, 13 Nov 2024US$62.9tUS$21.9tUS$1.9t19.1x33.3x2.9x
Fri, 11 Oct 2024US$60.0tUS$21.6tUS$1.9t18.1x32.2x2.8x
Sun, 08 Sep 2024US$55.7tUS$21.6tUS$1.9t17.5x30x2.6x
Tue, 06 Aug 2024US$55.4tUS$21.5tUS$1.9t17x29.6x2.6x
Thu, 04 Jul 2024US$57.3tUS$21.3tUS$1.8t16.8x31.2x2.7x
Sat, 01 Jun 2024US$54.2tUS$21.3tUS$1.8t17.3x29.7x2.6x
Mon, 29 Apr 2024US$53.1tUS$21.2tUS$1.8t16.7x28.8x2.5x
Wed, 27 Mar 2024US$54.3tUS$21.1tUS$1.8t16.8x29.4x2.6x
Fri, 23 Feb 2024US$51.9tUS$21.1tUS$1.8t16.4x28.8x2.5x
Sun, 21 Jan 2024US$50.2tUS$21.0tUS$1.7t16.6x28.9x2.4x
Tue, 19 Dec 2023US$49.7tUS$21.0tUS$1.8t16.7x28.3x2.4x
Thu, 16 Nov 2023US$47.0tUS$21.0tUS$1.7t15.9x27.1x2.2x
Sat, 14 Oct 2023US$45.4tUS$21.0tUS$1.7t15.1x26.3x2.2x
Mon, 11 Sep 2023US$46.7tUS$20.9tUS$1.7t15.6x27.2x2.2x
Wed, 09 Aug 2023US$47.9tUS$20.9tUS$1.7t16.1x28.2x2.3x
Price to Earnings Ratio

28.2x


Total Market Cap: US$47.9tTotal Earnings: US$1.7tTotal Revenue: US$20.9tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Market Price to Earnings3Y Average 30.2x202420252026
Current Market PE
  • Investors are relatively neutral on the American market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 30.2x.
Past Earnings Growth
  • The earnings for American listed companies have grown 16% per year over the last three years.
  • Revenues for these companies have grown 5.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the U.S. Market?

US Market0.97%
Consumer Discretionary7.83%
Telecom3.05%
Consumer Staples1.97%
Financials0.95%
Tech0.14%
Healthcare-0.089%
Energy-0.36%
Materials-1.20%
Industrials-1.53%
Real Estate-2.01%
Utilities-4.05%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 65.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings growth of 15.7% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 17.5x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 22% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Energy sector is expected to see its earnings grow by 7.4% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
MSFT MicrosoftUS$464.7221.8%
+US$615.4b		-11.3%PE25.8xTech
GOOGL AlphabetUS$356.1311.4%
+US$445.0b		88.3%PE17.8xTelecom
AMZN Amazon.comUS$271.5817.0%
+US$424.6b		26.5%PE21.6xConsumer Discretionary
ORCL OracleUS$129.8712.9%
+US$42.9b		-46.9%PE22xTech
AVGO BroadcomUS$389.281.9%
+US$35.0b		34.9%PE63.2xTech
See more

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Latest News

GOOGL
US$356.13
Alphabet
7D
11.4%
1Y
88.3%
META
US$556.71
Meta Platforms
7D
-6.5%
1Y
-25.8%
MSFT
US$464.72
Microsoft
7D
21.8%
1Y
-11.3%
BABA
US$122.25
Alibaba Group Holding
7D
9.0%
1Y
4.4%
LLY
US$1,148.84
Eli Lilly
7D
-3.9%
1Y
50.7%
AMZN
US$271.58
Amazon.com
7D
17.0%
1Y
26.5%
Narrative Update • Jul 31

AMZN: AWS AI Backlog And Heavy Capex Are Expected To Drive Future Cash

Analysts nudged their fair value estimate for Amazon.com higher to $319.69 from $312.99, as rising Street price targets, supported by stronger views on AWS growth, an AI driven backlog, and return on invested capital, feed through into slightly higher revenue growth assumptions and a modestly lower future P/E. Analyst Commentary Street research around Amazon.com has turned increasingly focused on execution in Amazon Web Services and the implications of large AI and capex commitments for valuation.
AAPL
US$308.91
Apple
7D
-7.2%
1Y
52.6%
MA
US$573.10
Mastercard
7D
6.2%
1Y
2.4%
SPCX
US$108.37
Space Exploration Technologies
7D
-5.8%
1Y
n/a
Seeking Alpha • Jul 31

SpaceX Q2: The Biggest Selloff Is Coming

Summary SpaceX, aka Space Exploration Technologies Corp., faces its first public earnings report with deep unprofitability and a $1.5T valuation, driven largely by Starlink's Connectivity segment. Starlink accounts for 61% of 2025 revenue and is the only profitable segment, while AI and Space divisions remain significant cash burns. The upcoming insider lockup expiration could release 911.5M shares, more than doubling the float and likely pressuring SPCX's stock price. I rate SPCX a strong sell, citing extreme short interest, looming supply shock, and skepticism over the AI segment's sustainability and real customer base. Read the full article on Seeking Alpha
ORCL
US$129.87
Oracle
7D
12.9%
1Y
-46.9%
NVDA
US$200.75
NVIDIA
7D
-2.9%
1Y
15.6%
Narrative Update • Jul 31

NVDA: AI Infrastructure Commitments And Capital Returns Will Extend Data Center Supercycle

Analysts lifted their Nvidia price target to $330 from $310, citing continued strength in AI data center demand, tighter supply across key components, and reinforced confidence in the company’s role at the center of surging hyperscaler and enterprise AI infrastructure spending. Analyst Commentary Recent research around Nvidia shows a wide range of views on how much AI infrastructure spending, product execution, and competitive moves are already reflected in the stock.
MU
US$823.03
Micron Technology
7D
-10.6%
1Y
684.7%
KLAC
US$182.82
KLA
7D
-13.2%
1Y
106.2%
Narrative Update • Jul 30

KLAC: AI Infrastructure Spending And Process Control Demand Will Support Re Rating

Analysts have adjusted the KLA price target to $303.48. This reflects a blend of higher assumed long term profit margins, a slightly higher discount rate, and a richer future P/E multiple supported by research commentary that highlights stronger process control demand, ongoing WFE and AI infrastructure spending, and mixed but generally constructive earnings revisions across the Street.
AMD
US$476.15
Advanced Micro Devices
7D
-8.8%
1Y
177.3%
AVGO
US$389.28
Broadcom
7D
1.9%
1Y
34.9%
Narrative Update • Jul 30

AVGO: AI Custom Silicon Contracts And Anthropic Financing Will Support FY27 Earnings Power

Broadcom's analyst fair value estimate has been adjusted to $675 from $650 as analysts factor in updated AI related chip demand expectations, reinforced long term custom silicon commitments with customers like Apple, and continued focus on margins despite mixed views on valuation and hyperscaler supplier diversification. Analyst Commentary Recent Street research on Broadcom highlights a mix of enthusiasm for the companys AI driven opportunities and caution around valuation and customer concentration.
BRK.A
US$766,600.01
Berkshire Hathaway
7D
2.9%
1Y
7.7%