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

U.S. Market Analysis & Valuation

UpdatedJul 21, 2026
DataAggregated Company Financials
Companies7774
  • 7D-1.4%
  • 3M4.4%
  • 1Y17.1%
  • YTD6.7%

Over the last 7 days, the market has dropped 1.4%, driven by a pullback of 1.9% in the Information Technology sector. As for the longer term, the market has actually risen by 17% in the last year. Looking forward, earnings are forecast to grow by 18% 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, 22 Jul 2026US$79.5tUS$24.4tUS$2.5t19.2x31.6x3.3x
Fri, 19 Jun 2026US$76.0tUS$24.3tUS$2.5t18.7x30.9x3.1x
Sun, 17 May 2026US$72.1tUS$24.2tUS$2.4t18.4x29.8x3x
Tue, 14 Apr 2026US$71.6tUS$23.7tUS$2.3t19.5x31.1x3x
Thu, 12 Mar 2026US$71.2tUS$23.7tUS$2.3t18.6x31x3x
Sat, 07 Feb 2026US$71.6tUS$23.5tUS$2.3t19.5x31.2x3x
Mon, 05 Jan 2026US$71.9tUS$23.2tUS$2.3t19x31.4x3.1x
Wed, 03 Dec 2025US$71.5tUS$23.1tUS$2.3t18.5x31.4x3.1x
Fri, 31 Oct 2025US$72.3tUS$22.9tUS$2.2t18.3x32.2x3.2x
Sun, 28 Sep 2025US$70.1tUS$22.9tUS$2.2t19.1x32.1x3.1x
Tue, 26 Aug 2025US$67.7tUS$23.0tUS$2.2t19.2x31.4x2.9x
Thu, 24 Jul 2025US$66.0tUS$22.5tUS$2.1t19x31.4x2.9x
Sat, 21 Jun 2025US$62.4tUS$22.5tUS$2.1t17.7x29.7x2.8x
Mon, 19 May 2025US$62.1tUS$22.4tUS$2.1t18.1x29.6x2.8x
Wed, 16 Apr 2025US$55.9tUS$21.9tUS$2.1t16.3x27.1x2.6x
Fri, 14 Mar 2025US$58.4tUS$21.9tUS$2.0t17x28.5x2.7x
Sun, 09 Feb 2025US$63.5tUS$21.8tUS$2.0t18.5x31.1x2.9x
Tue, 07 Jan 2025US$62.5tUS$22.0tUS$1.9t18.5x32.3x2.8x
Thu, 05 Dec 2024US$63.9tUS$22.0tUS$1.9t19.6x33.1x2.9x
Sat, 02 Nov 2024US$59.4tUS$21.8tUS$1.9t18x32x2.7x
Mon, 30 Sep 2024US$59.6tUS$21.7tUS$1.9t18.3x31.8x2.7x
Wed, 28 Aug 2024US$58.0tUS$21.5tUS$1.8t18.1x31.4x2.7x
Fri, 26 Jul 2024US$56.4tUS$21.4tUS$1.8t17.9x30.6x2.6x
Sun, 23 Jun 2024US$56.5tUS$21.3tUS$1.8t16.6x30.8x2.6x
Tue, 21 May 2024US$55.2tUS$21.2tUS$1.8t17.5x30.5x2.6x
Thu, 18 Apr 2024US$52.1tUS$21.1tUS$1.8t16.3x28.2x2.5x
Sat, 16 Mar 2024US$53.6tUS$21.1tUS$1.8t16.5x29.1x2.5x
Mon, 12 Feb 2024US$52.3tUS$21.0tUS$1.8t16.3x29.3x2.5x
Wed, 10 Jan 2024US$49.9tUS$21.0tUS$1.8t16.7x28.4x2.4x
Fri, 08 Dec 2023US$47.6tUS$21.0tUS$1.8t16.2x27.2x2.3x
Sun, 05 Nov 2023US$45.6tUS$21.0tUS$1.7t15.4x26.5x2.2x
Tue, 03 Oct 2023US$45.3tUS$21.0tUS$1.7t15.2x26.4x2.2x
Thu, 31 Aug 2023US$47.5tUS$20.9tUS$1.7t15.9x27.7x2.3x
Sat, 29 Jul 2023US$48.2tUS$21.0tUS$1.7t15.9x29x2.3x
Price to Earnings Ratio

29x


Total Market Cap: US$48.2tTotal Earnings: US$1.7tTotal Revenue: US$21.0tTotal 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 15% per year over the last three years.
  • Revenues for these companies have grown 5.1% 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-1.36%
Energy1.89%
Real Estate1.73%
Financials0.019%
Consumer Discretionary-0.72%
Consumer Staples-0.80%
Industrials-1.36%
Utilities-1.62%
Healthcare-1.65%
Materials-1.75%
Tech-1.88%
Telecom-3.29%
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 18.2%, which is higher than its past year's earnings growth of 12.6% 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 14% per year.
  • In contrast, the Real Estate sector is expected to see its earnings grow by 8.4% 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
AAPL AppleUS$327.744.1%
+US$189.2b		52.9%PE39.3xTech
MSFT MicrosoftUS$397.753.3%
+US$95.2b		-21.3%PE23.6xTech
XOM ExxonMobil HoldingsUS$151.714.6%
+US$27.4b		39.8%PE24.8xEnergy
BXBL BoxablUS$8.01-16.6%
US$24.0b		-19.1%PS8154.1xConsumer Discretionary
LLY Eli LillyUS$1.18k2.0%
+US$20.4b		51.4%PE41.5xHealthcare
See more

Market Insights

Header cover image
A strong brand today doesn't guarantee a strong brand forever. Even the most established names can see their pricing power fade over time. In an industry landscape being reshaped by new entrants, shifting tastes and disruptive technology, it's worth understanding how to tell a temporary dip from a permanent decline.
Continue reading
What makes a lasting brand?

Latest News

PM
US$188.04
Philip Morris International
7D
6.9%
1Y
13.8%
BXBL
US$8.01
Boxabl
7D
-16.6%
1Y
-19.1%
NVDA
US$207.29
NVIDIA
7D
-2.1%
1Y
24.1%
AAPL
US$327.74
Apple
7D
4.1%
1Y
52.9%
MSFT
US$397.75
Microsoft
7D
3.3%
1Y
-21.3%
LLY
US$1,175.41
Eli Lilly
7D
2.0%
1Y
51.4%
GOOGL
US$347.15
Alphabet
7D
-3.4%
1Y
81.4%
Seeking Alpha • 17h

Alphabet Q2 Preview: Brace For A Blowout EPS That Won't Mean What You Think

Summary I stayed constructive through the $84.75 billion raise, but I'm downgrading to hold now, and dilution or CapEx isn't the main reason. In my view, Alphabet's record profit in Q1 may have been driven by its stake in Anthropic (think equity markups), and that's the part I no longer want to ignore. Series H priced Anthropic at two and a half times Series G, so I expect an even bigger markup this print, given that Series H happened during the second quarter. I won't chase a $4, $5, or even $8 EPS number on Wednesday if other income is doing most of the work, and not the operating business. I'm not bearish on Alphabet, just concerned with the market's reaction to a headline EPS that I believe may be mostly driven by marks, not the ads/cloud/YouTube business. Read the full article on Seeking Alpha
META
US$643.81
Meta Platforms
7D
-2.6%
1Y
-8.7%
LRCX
US$322.00
Lam Research
7D
-7.0%
1Y
229.6%
WMT
US$110.39
Walmart
7D
-2.9%
1Y
15.2%
SPCX
US$123.54
Space Exploration Technologies
7D
-9.2%
1Y
n/a
TSLA
US$378.93
Tesla
7D
-4.4%
1Y
14.1%
Seeking Alpha • Jul 18

Tesla Q2 Earnings Preview: The Numbers Will Beat, The Narrative May Not

Summary Tesla, Inc. commands a persistent 'Musk premium' due to its unmatched integration of hardware and software and long-term vision beyond automaking. I expect TSLA's Q2 earnings to beat on auto shipments and energy deployment, but the market's focus is shifting to robotaxis and Optimus as future growth drivers, rather than financials. Regulatory headwinds and delays in robotaxi roll-out present near-term risks, while Optimus production ramp and timelines could serve as significant catalysts. TSLA stock remains a long-term conviction holding for its unique moat in robotics and AI but is unsuitable for investors seeking traditional value or short-term certainty. Read the full article on Seeking Alpha
ABBV
US$256.10
AbbVie
7D
4.6%
1Y
36.9%
ABT
US$99.67
Abbott Laboratories
7D
12.0%
1Y
-20.7%
DELL
US$404.15
Dell Technologies
7D
-11.7%
1Y
225.1%
Seeking Alpha • Jul 14

Dell Technologies And Its Real Value

Summary Dell Technologies has surged 120% in 2024, but current valuations appear significantly overpriced relative to multiple valuation models. AI infrastructure demand drives DELL’s backlog and earnings growth, yet gross margins remain below preferred levels and short-term liquidity is limited. DELL’s net debt and leverage have improved, but negative shareholder equity make this company more challenging to analyze. Despite strong cash generation and ROIC, DELL’s recent exponential share price growth appears unsustainable, warranting investor caution. Read the full article on Seeking Alpha
XOM
US$151.71
ExxonMobil Holdings
7D
4.6%
1Y
39.8%