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

U.S. Market Analysis & Valuation

UpdatedJul 29, 2026
DataAggregated Company Financials
Companies7749
  • 7D-1.5%
  • 3M3.1%
  • 1Y16.0%
  • YTD6.6%

Over the last 7 days, the market has dropped 1.5%, driven by a pullback of 4.8% in the Information Technology sector. As for the longer term, the market has actually risen by 16% in the last year. Looking forward, earnings are forecast to grow by 17% 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
Wed, 29 Jul 2026US$79.0tUS$24.5tUS$2.6t19.3x30.3x3.2x
Fri, 26 Jun 2026US$79.4tUS$24.3tUS$2.5t18.9x31.9x3.3x
Sun, 24 May 2026US$73.2tUS$24.2tUS$2.5t18.6x29.7x3x
Tue, 21 Apr 2026US$75.1tUS$23.7tUS$2.3t19.8x32.5x3.2x
Thu, 19 Mar 2026US$70.5tUS$23.7tUS$2.3t18.3x30.7x3x
Sat, 14 Feb 2026US$71.7tUS$23.6tUS$2.3t19.6x31.3x3x
Mon, 12 Jan 2026US$73.2tUS$23.2tUS$2.3t19.3x32x3.2x
Wed, 10 Dec 2025US$72.0tUS$23.1tUS$2.3t18.8x31.6x3.1x
Fri, 07 Nov 2025US$71.3tUS$23.0tUS$2.3t18x31.4x3.1x
Sun, 05 Oct 2025US$71.0tUS$22.9tUS$2.2t19.3x32.5x3.1x
Tue, 02 Sep 2025US$67.9tUS$22.9tUS$2.2t19.3x31.1x3x
Thu, 31 Jul 2025US$66.6tUS$22.6tUS$2.1t18.2x31.5x2.9x
Sat, 28 Jun 2025US$64.1tUS$22.5tUS$2.1t18.2x30.5x2.8x
Mon, 26 May 2025US$60.5tUS$22.4tUS$2.1t17.7x28.9x2.7x
Wed, 23 Apr 2025US$53.5tUS$21.9tUS$2.1t16.4x25.8x2.4x
Fri, 21 Mar 2025US$59.2tUS$21.9tUS$2.0t17.7x28.9x2.7x
Sun, 16 Feb 2025US$64.5tUS$21.9tUS$2.0t18.5x31.6x3x
Tue, 14 Jan 2025US$61.2tUS$22.0tUS$1.9t18.3x31.8x2.8x
Thu, 12 Dec 2024US$63.7tUS$22.0tUS$1.9t19.3x33x2.9x
Sat, 09 Nov 2024US$62.4tUS$21.9tUS$1.9t19x33x2.9x
Mon, 07 Oct 2024US$59.8tUS$21.5tUS$1.9t18.4x32x2.8x
Wed, 04 Sep 2024US$58.3tUS$21.5tUS$1.9t17.9x31.3x2.7x
Fri, 02 Aug 2024US$57.4tUS$21.4tUS$1.9t17.9x30.7x2.7x
Sun, 30 Jun 2024US$56.5tUS$21.3tUS$1.8t16.8x30.7x2.6x
Tue, 28 May 2024US$55.0tUS$21.3tUS$1.8t17.2x30.1x2.6x
Thu, 25 Apr 2024US$52.8tUS$21.2tUS$1.8t16.7x28.7x2.5x
Sat, 23 Mar 2024US$54.4tUS$21.1tUS$1.8t16.9x29.5x2.6x
Mon, 19 Feb 2024US$52.3tUS$21.0tUS$1.8t16.4x29.1x2.5x
Wed, 17 Jan 2024US$50.1tUS$21.0tUS$1.8t16.5x28.6x2.4x
Fri, 15 Dec 2023US$49.3tUS$21.0tUS$1.8t16.9x28.1x2.3x
Sun, 12 Nov 2023US$45.8tUS$21.0tUS$1.7t15.4x26.5x2.2x
Tue, 10 Oct 2023US$45.6tUS$21.0tUS$1.7t15.2x26.6x2.2x
Thu, 07 Sep 2023US$47.0tUS$20.9tUS$1.7t15.6x27.4x2.2x
Sat, 05 Aug 2023US$47.8tUS$20.9tUS$1.6t16x29.4x2.3x
Price to Earnings Ratio

29.4x


Total Market Cap: US$47.8tTotal Earnings: US$1.6tTotal 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 at a PE ratio close to its 3-year average PE ratio of 30.2x.
Past Earnings Growth
  • The earnings for American listed companies have grown 17% per year over the last three years.
  • Revenues for these companies have grown 5.3% 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 Market-1.50%
Consumer Staples3.61%
Healthcare3.29%
Financials2.32%
Materials2.17%
Real Estate1.38%
Industrials0.82%
Utilities0.74%
Energy-1.97%
Telecom-2.39%
Consumer Discretionary-4.51%
Tech-4.80%
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 18.1%, which is higher than its past year's earnings growth of 14.3% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 17.6x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 8.0% 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
AAPL AppleUS$340.083.8%
+US$181.2b		61.0%PE40.7xTech
BRK.A Berkshire HathawayUS$768.01k4.7%
+US$49.6b		7.6%PE15.2xFinancials
LLY Eli LillyUS$1.22k3.8%
+US$40.4b		60.0%PE43.1xHealthcare
JNJ Johnson & JohnsonUS$266.736.4%
+US$39.5b		58.7%PE30.6xHealthcare
RTX RTXUS$218.5812.9%
+US$33.8b		39.1%PE38.1xIndustrials
See more

Market Insights

Header cover image
Healthcare just hit its lowest market weight since 1994. But dig deeper into the sector, and the collapse starts to look like a costume in some ways.
Continue reading
A brand’s strength doesn’t always last

Latest News

AMD
US$454.62
Advanced Micro Devices
7D
-16.5%
1Y
156.2%
Seeking Alpha • 1h

AMD: Best-Case Expectations Priced Into A Cyclical Growth Stock

Summary Advanced Micro Devices trades at historically high valuation multiples, reflecting market expectations of flawless execution and sustained data center-driven growth. AMD's investment case is heavily contingent on continued hyperscaler AI capex, with over 50% of revenue tied to data center customers. Elevated unconditional supply commitments and margin constraints expose AMD to significant downside if AI demand moderates or hyperscalers shift to internal silicon. Current risk-reward is unfavorable; a limited margin of safety exists at over 20x sales and 100x trailing earnings, with downside largely undiscounted. Read the full article on Seeking Alpha
NVDA
US$197.01
NVIDIA
7D
-5.0%
1Y
12.3%
AAPL
US$340.08
Apple
7D
3.8%
1Y
61.0%
RTX
US$218.58
RTX
7D
12.9%
1Y
39.1%
KO
US$88.27
Coca-Cola
7D
7.7%
1Y
27.2%
AMZN
US$230.86
Amazon.com
7D
-6.7%
1Y
-0.06%
JNJ
US$266.73
Johnson & Johnson
7D
6.4%
1Y
58.7%
JPM
US$357.31
JPMorgan Chase
7D
3.5%
1Y
20.3%
Narrative Update • Jul 28

JPM: Heavy Tech And AI Spending Will Pressure Margins Despite Record Results

JPMorgan Chase's analyst fair value estimate has been revised higher from about $298 to about $315, as analysts factor in stronger Q2 earnings support across trading, investment banking and credit quality, as well as what they see as more attractive valuation and exposure to themes like AI and capital markets activity. Analyst Commentary Recent research on JPMorgan Chase points to broad support for the stock following its Q2 earnings report, with many firms lifting price targets and reiterating constructive views.
TSLA
US$307.44
Tesla
7D
-17.8%
1Y
-3.6%
META
US$593.41
Meta Platforms
7D
-7.8%
1Y
-15.2%
Seeking Alpha • Jul 27

Meta Platforms: Time To Be Greedy

Summary Meta Platforms, Inc. is attractively valued ahead of Q2 earnings, trading at 17–18x forward earnings versus historical norms above 20x. META has a robust track record of beating earnings expectations, with 13 consecutive quarters of outperformance and potential for another beat this quarter. Revenue growth is driven by user expansion, ad pricing power, and increased ad volume, while capital expenditures—primarily for AI—are not seen as a financial threat. A post-earnings META share price dip due to higher capital spending could present an even more compelling entry point for long-term investors. Read the full article on Seeking Alpha
MU
US$820.53
Micron Technology
7D
-15.5%
1Y
632.9%
Seeking Alpha • Jul 27

Micron: Elon Said Thanks, I'm Still Saying Hold

Summary I'm keeping Micron Technology, Inc. at Hold, the same call I made the day after the print in June. The hyperscaler capex raises last week (and likely this week too) are a strong tailwind for the picks-and-shovels names, but they don't move me off the fence. My view is that part of the money the hyperscalers are adding to their budgets is there because memory got more expensive, not because they're buying more memory. MU's record 84.9% margin is not coming from High Bandwidth Memory. This year, a plain server memory stick has been more profitable per wafer than HBM. CMXT (up a ridiculous 530% in its IPO debut) adds noise in the near term. I don't think the oversupply narrative holds up this year. Read the full article on Seeking Alpha
GOOGL
US$333.71
Alphabet
7D
-3.9%
1Y
70.5%
INTC
US$86.30
Intel
7D
-18.2%
1Y
322.8%
Narrative Update • Jul 27

INTC: AI Server Demand And Foundry Traction Will Support Lofty Expectations

Intel's updated analyst price target of $115.65, up from $88.61, reflects analysts' use of stronger revenue and margin assumptions supported by recent Q2 beat and raise commentary, firm AI server CPU demand, and growing attention on the foundry and advanced packaging roadmaps, even as some still flag valuation and execution risks. Analyst Commentary Analysts covering Intel point to a mix of strong near term execution and longer term questions around valuation and foundry delivery, which is reflected in a wide spread of price targets and a cluster of Neutral and Hold ratings even after a strong Q2 showing.
LLY
US$1,220.66
Eli Lilly
7D
3.8%
1Y
60.0%
Narrative Update • Jul 25

LLY: GLP-1 Leadership And Retatrutide Data Will Shape Balanced Outlook

Eli Lilly's updated fair value estimate of $1,270.37, up from $1,243.43, reflects analysts' higher price targets that lean on expectations for stronger obesity and diabetes franchise contributions, incremental support from retatrutide data, and Q2 previews that factor in relatively higher revenue growth assumptions alongside slightly adjusted long term profit margins and future P/E multiples. Analyst Commentary Recent research on Eli Lilly points to a generally constructive stance from Wall Street, with multiple firms lifting price targets as they reassess the company's obesity and diabetes portfolio, retatrutide data, and Q2 earnings setup.
BRK.A
US$768,010.01
Berkshire Hathaway
7D
4.7%
1Y
7.6%
WMT
US$113.10
Walmart
7D
3.4%
1Y
15.9%