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

U.S. Market Analysis & Valuation

UpdatedJul 23, 2026
DataAggregated Company Financials
Companies7774
  • 7D-1.4%
  • 3M4.3%
  • 1Y16.4%
  • YTD7.2%

Over the last 7 days, the market has dropped 1.4%, driven by a pullback of 7.9% in the Communication Services sector. Meanwhile, the Energy sector has outperformed, gaining 4.9% in that time. In contrast to the last week, the market is actually up 16% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Jul 2026US$75.3tUS$24.4tUS$2.5t19.1x29.9x3.1x
Sun, 21 Jun 2026US$76.3tUS$24.3tUS$2.5t18.7x30.9x3.1x
Tue, 19 May 2026US$72.1tUS$24.2tUS$2.4t18.5x29.8x3x
Thu, 16 Apr 2026US$73.4tUS$23.7tUS$2.3t19.5x31.8x3.1x
Sat, 14 Mar 2026US$69.9tUS$23.7tUS$2.3t18.4x30.4x3x
Mon, 09 Feb 2026US$72.9tUS$23.5tUS$2.3t19.5x31.7x3.1x
Wed, 07 Jan 2026US$72.5tUS$23.2tUS$2.3t19.2x31.7x3.1x
Fri, 05 Dec 2025US$71.9tUS$23.1tUS$2.3t18.7x31.5x3.1x
Sun, 02 Nov 2025US$71.9tUS$23.0tUS$2.3t18.2x31.6x3.1x
Tue, 30 Sep 2025US$70.2tUS$22.9tUS$2.2t19.1x32.1x3.1x
Thu, 28 Aug 2025US$68.0tUS$23.0tUS$2.2t19.3x31.5x3x
Sat, 26 Jul 2025US$66.6tUS$22.6tUS$2.1t18.8x31.5x2.9x
Mon, 23 Jun 2025US$62.3tUS$22.5tUS$2.1t17.7x29.7x2.8x
Wed, 21 May 2025US$62.1tUS$22.4tUS$2.1t18.1x29.7x2.8x
Fri, 18 Apr 2025US$54.6tUS$21.9tUS$2.1t16.3x26.3x2.5x
Sun, 16 Mar 2025US$58.7tUS$21.9tUS$2.0t17.3x28.7x2.7x
Tue, 11 Feb 2025US$63.5tUS$21.8tUS$2.0t18.5x31.2x2.9x
Thu, 09 Jan 2025US$62.1tUS$22.0tUS$1.9t18.5x32.1x2.8x
Sat, 07 Dec 2024US$64.2tUS$22.0tUS$1.9t19.3x33.2x2.9x
Mon, 04 Nov 2024US$59.6tUS$21.8tUS$1.9t18x32x2.7x
Wed, 02 Oct 2024US$59.7tUS$21.6tUS$1.9t18.3x32x2.8x
Fri, 30 Aug 2024US$57.6tUS$21.5tUS$1.9t18.1x31.1x2.7x
Sun, 28 Jul 2024US$56.9tUS$21.4tUS$1.9t18x30.6x2.7x
Tue, 25 Jun 2024US$56.5tUS$21.3tUS$1.8t16.7x30.7x2.6x
Thu, 23 May 2024US$55.2tUS$21.2tUS$1.8t17.4x30.5x2.6x
Sat, 20 Apr 2024US$52.1tUS$21.2tUS$1.8t16.3x28.2x2.5x
Mon, 18 Mar 2024US$53.3tUS$21.1tUS$1.8t16.5x28.9x2.5x
Wed, 14 Feb 2024US$51.5tUS$21.0tUS$1.8t16.1x28.7x2.4x
Fri, 12 Jan 2024US$50.2tUS$21.0tUS$1.8t16.7x28.5x2.4x
Sun, 10 Dec 2023US$47.9tUS$21.0tUS$1.8t16.3x27.3x2.3x
Tue, 07 Nov 2023US$45.6tUS$21.0tUS$1.7t15.4x26.6x2.2x
Thu, 05 Oct 2023US$45.2tUS$21.0tUS$1.7t15x26.4x2.2x
Sat, 02 Sep 2023US$47.6tUS$21.0tUS$1.7t15.9x27.8x2.3x
Mon, 31 Jul 2023US$48.6tUS$21.0tUS$1.7t15.9x29.2x2.3x
Price to Earnings Ratio

29.2x


Total Market Cap: US$48.6tTotal 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 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 5.2% 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-1.35%
Energy4.87%
Utilities1.51%
Real Estate1.17%
Materials1.12%
Healthcare-0.13%
Consumer Staples-0.15%
Tech-0.21%
Industrials-0.71%
Financials-1.01%
Consumer Discretionary-3.26%
Telecom-7.94%
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 18.3%, which is higher than its past year's earnings growth of 13.3% 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 14% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 8.2% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
MU Micron TechnologyUS$990.2116.1%
+US$154.7b		786.3%PE22.2xTech
AVGO BroadcomUS$392.714.9%
+US$86.9b		36.0%PE63.7xTech
AMD Advanced Micro DevicesUS$539.697.7%
+US$63.2b		232.9%PE178.4xTech
XOM ExxonMobil HoldingsUS$156.897.5%
+US$45.3b		41.6%PE25.7xEnergy
STX Seagate Technology HoldingsUS$913.3622.5%
+US$38.0b		498.0%PE86.9xTech
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

TSLA
US$319.69
Tesla
7D
-18.3%
1Y
4.7%
MU
US$990.21
Micron Technology
7D
16.1%
1Y
786.3%
GOOGL
US$317.69
Alphabet
7D
-10.4%
1Y
65.3%
AVGO
US$392.47
Broadcom
7D
5.8%
1Y
35.3%
Seeking Alpha • 19h

Broadcom Might Be Flying Too Close To The Sun

Summary Broadcom's current valuation requires exceptionally high growth for many years, leaving little margin for error and making the stock vulnerable to even modest disappointments. Increasing signs of slowing AI infrastructure investment—including delayed data center projects, more cautious enterprise AI spending, and potential excess computing capacity—could weigh on semiconductor demand. Despite strong recent financial results, the combination of elevated valuation and mounting industry risks leads to a continued bearish outlook, with the stock remaining a Sell. Read the full article on Seeking Alpha
AMD
US$539.69
Advanced Micro Devices
7D
7.7%
1Y
232.9%
Seeking Alpha • 21h

AMD: The Full-Stack AI Opportunity

Summary AMD (AMD) remains a compelling buy, with a new base case price target of $671 (21% upside) and a bullish scenario at $807.87 (45% upside). AMD’s flexible, customizable AI infrastructure—spanning GPUs, CPUs, DPUs, networking, and rack-scale systems—positions it as a strong alternative to Nvidia, especially for hyperscalers seeking to avoid vendor lock-in. Rising analyst expectations reflect robust AI-driven growth: Q2 revenue consensus at $11.3B (+47% YoY), EPS at $1.61 (+235% YoY), and EBITDA/fcf estimates up 22–28%. Key risks include competition from Nvidia’s integrated platform, custom ASICs, supply chain execution for Helios, and cyclicality in consumer AI-PC markets. Read the full article on Seeking Alpha
WDC
US$558.30
Western Digital
7D
19.6%
1Y
708.9%
AMZN
US$233.66
Amazon.com
7D
-6.5%
1Y
0.6%
AAPL
US$321.66
Apple
7D
-3.5%
1Y
50.5%
NVDA
US$208.76
NVIDIA
7D
0.7%
1Y
20.2%
MSFT
US$381.58
Microsoft
7D
-4.9%
1Y
-25.3%
STX
US$913.36
Seagate Technology Holdings
7D
22.5%
1Y
498.0%
Narrative Update • Jul 21

STX: AI Storage Pricing Optimism Will Eventually Face Supply Discipline Reversal Risk

Seagate Technology Holdings' fair value estimate has been raised from $566.86 to $680.00 as analysts point to broadly higher price targets across the Street, supported by expectations for firmer hard disk drive pricing, AI driven storage demand, and updated earnings and P/E assumptions. Analyst Commentary Recent research on Seagate Technology Holdings shows a wide spread of opinion on how much upside is left, even as many firms lift price targets.
META
US$606.10
Meta Platforms
7D
-8.8%
1Y
-15.2%
WMT
US$108.40
Walmart
7D
-5.7%
1Y
12.2%
SPCX
US$118.24
Space Exploration Technologies
7D
-9.8%
1Y
n/a
DELL
US$439.34
Dell Technologies
7D
12.3%
1Y
242.3%
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$156.89
ExxonMobil Holdings
7D
7.5%
1Y
41.6%