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

U.S. Market Analysis & Valuation

UpdatedMay 30, 2026
DataAggregated Company Financials
Companies7816
  • 7D1.5%
  • 3M9.9%
  • 1Y28.6%
  • YTD10.2%

The market is up 1.5% over the last week, with the Information Technology sector leading the way, up 4.6%. On the other hand, with a decline of 5.6%, the Energy sector is lagging behind. As for the past 12 months, the market is up 29%. As for the next few years, earnings are expected to grow by 17% 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
Sat, 30 May 2026US$74.3tUS$24.2tUS$2.5t18.8x30.2x3.1x
Mon, 27 Apr 2026US$70.3tUS$23.8tUS$2.3t19.4x30.3x3x
Wed, 25 Mar 2026US$69.2tUS$23.7tUS$2.3t18.4x30x2.9x
Fri, 20 Feb 2026US$72.4tUS$23.6tUS$2.3t19.4x31.7x3.1x
Sun, 18 Jan 2026US$73.0tUS$23.2tUS$2.3t19.4x31.9x3.2x
Tue, 16 Dec 2025US$71.8tUS$23.1tUS$2.3t19x31.4x3.1x
Thu, 13 Nov 2025US$71.7tUS$23.1tUS$2.3t18.4x31.6x3.1x
Sat, 11 Oct 2025US$70.6tUS$22.9tUS$2.2t18.5x32.2x3.1x
Mon, 08 Sep 2025US$68.2tUS$22.9tUS$2.2t19.1x31.2x3x
Wed, 06 Aug 2025US$66.2tUS$22.7tUS$2.1t18.1x31x2.9x
Fri, 04 Jul 2025US$65.5tUS$22.5tUS$2.1t18.8x31.2x2.9x
Sun, 01 Jun 2025US$61.1tUS$22.4tUS$2.1t17.8x29.1x2.7x
Tue, 29 Apr 2025US$57.3tUS$22.0tUS$2.1t16.9x27.3x2.6x
Thu, 27 Mar 2025US$60.0tUS$21.9tUS$2.1t17.7x29.2x2.7x
Sat, 22 Feb 2025US$63.2tUS$21.9tUS$2.1t18.1x30.7x2.9x
Mon, 20 Jan 2025US$63.2tUS$22.0tUS$2.0t18.9x32.2x2.9x
Wed, 18 Dec 2024US$64.1tUS$22.0tUS$1.9t18.9x33.1x2.9x
Fri, 15 Nov 2024US$63.0tUS$22.0tUS$1.9t19x33x2.9x
Sun, 13 Oct 2024US$60.4tUS$21.6tUS$1.9t18.4x32.4x2.8x
Tue, 10 Sep 2024US$56.3tUS$21.5tUS$1.9t17.5x30.3x2.6x
Thu, 08 Aug 2024US$54.2tUS$21.5tUS$1.9t17x29.1x2.5x
Sat, 06 Jul 2024US$57.2tUS$21.3tUS$1.8t16.6x31.2x2.7x
Mon, 03 Jun 2024US$54.6tUS$21.3tUS$1.8t17.3x29.9x2.6x
Wed, 01 May 2024US$52.4tUS$21.2tUS$1.8t16.7x28.4x2.5x
Fri, 29 Mar 2024US$54.7tUS$21.1tUS$1.8t17.2x29.7x2.6x
Sun, 25 Feb 2024US$52.9tUS$21.1tUS$1.8t16.5x29.4x2.5x
Tue, 23 Jan 2024US$50.7tUS$21.0tUS$1.7t16.7x29.2x2.4x
Thu, 21 Dec 2023US$50.2tUS$21.0tUS$1.8t16.7x28.6x2.4x
Sat, 18 Nov 2023US$47.0tUS$21.0tUS$1.7t15.9x27x2.2x
Mon, 16 Oct 2023US$45.4tUS$21.0tUS$1.7t15.1x26.3x2.2x
Wed, 13 Sep 2023US$47.2tUS$20.9tUS$1.7t15.5x27.5x2.3x
Fri, 11 Aug 2023US$47.5tUS$20.9tUS$1.7t16.1x27.9x2.3x
Sun, 09 Jul 2023US$46.5tUS$20.9tUS$1.7t15.4x28x2.2x
Tue, 06 Jun 2023US$45.3tUS$21.0tUS$1.7t14.6x27.2x2.2x
Price to Earnings Ratio

27.2x


Total Market Cap: US$45.3tTotal Earnings: US$1.7tTotal Revenue: US$21.0tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Market Price to Earnings3Y Average 30x202420252026
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 30.0x.
Past Earnings Growth
  • The earnings for American listed companies have grown 14% per year over the last three years.
  • Revenues for these companies have grown 5.0% 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 Market1.47%
Tech4.55%
Materials2.63%
Consumer Discretionary1.56%
Industrials1.33%
Healthcare0.28%
Telecom0.17%
Financials-0.46%
Real Estate-1.18%
Utilities-1.85%
Consumer Staples-2.70%
Energy-5.57%
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 14.2% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 17.7x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Real Estate sector is expected to see its earnings grow by 7.9% 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$971.0029.3%
+US$248.1b		927.9%PE45.4xTech
MSFT MicrosoftUS$450.247.6%
+US$235.3b		-2.2%PE26.7xTech
AVGO BroadcomUS$446.777.9%
+US$154.5b		84.6%PE84.7xTech
ORCL OracleUS$225.7817.5%
+US$96.9b		36.4%PE40.1xTech
DELL Dell TechnologiesUS$420.9142.6%
+US$81.7b		278.3%PE32.5xTech
See more

Market Insights

Header cover image
Japan was the world's source of cheap money for decades. Now its bond yields are at a generational high, a shift with potential implications that extend well beyond Tokyo.
Continue reading
Earnings Season vs. AI

Latest News

COST
US$956.32
Costco Wholesale
7D
-7.0%
1Y
-8.1%
JNJ
US$225.33
Johnson & Johnson
7D
-3.8%
1Y
45.2%
META
US$632.51
Meta Platforms
7D
3.6%
1Y
-2.3%
ORCL
US$225.78
Oracle
7D
17.5%
1Y
36.4%
DELL
US$420.91
Dell Technologies
7D
42.6%
1Y
278.3%
Narrative Update • May 29

DELL: AI Server Euphoria Will Eventually Collide With Normalizing Memory Cycle

Analysts have lifted the fair value estimate for Dell Technologies stock from $115.93 to $138.00, tying the shift to higher assumed revenue growth and profit margins, a slightly lower discount rate, and updated P/E assumptions that reflect Street research highlighting AI driven demand for servers, storage, and related infrastructure. Analyst Commentary Recent Street research on Dell Technologies clusters around a common theme: AI related demand for servers and storage is front and center, but views on how sustainable that demand is and what it means for valuation are mixed.
GOOGL
US$380.34
Alphabet
7D
-0.7%
1Y
121.5%
Narrative Update • May 29

GOOGL: AI Partnerships And Cloud Demand Will Drive Multi Year Re Rating

Alphabet's analyst price target has been raised from $443.00 to $493.30 as analysts factor in higher revenue growth assumptions, modestly stronger profit margins, and expectations for continued AI product traction following recent I/O announcements and broad price target increases across the Street. Analyst Commentary Recent research points to a clear tilt toward optimism on Alphabet, particularly around its AI roadmap and the potential for Gemini driven products to support the company across search, cloud and consumer services.
NVDA
US$211.14
NVIDIA
7D
-1.9%
1Y
56.2%
MU
US$971.00
Micron Technology
7D
29.3%
1Y
927.9%
AVGO
US$446.77
Broadcom
7D
7.9%
1Y
84.6%
ARM
US$353.29
Arm Holdings
7D
15.3%
1Y
183.7%
WMT
US$115.75
Walmart
7D
-3.8%
1Y
17.3%
INTC
US$114.68
Intel
7D
-4.3%
1Y
486.6%
BRK.A
US$710,900.00
Berkshire Hathaway
7D
-2.4%
1Y
-6.1%
Seeking Alpha • May 27

Berkshire Hathaway: The Fortress Is Getting Expensive To Defend

Summary Berkshire Hathaway Inc. reported Q1 operating earnings up 17.7% Y/Y, but cash drag and equity book rotation constrain upside. Abel's stewardship emphasizes a "core four" equity portfolio and strategic cash moat, with increased Japan exposure but limited transformative deployment. Share buybacks remain modest, and the unresolved Buffett estate overhang continues to cap BRK's valuation multiple. I reiterate a Hold rating on BRK, with a $519/share target and only 6.8% upside, as BRK is no longer positioned for outperformance versus the S&P 500. Read the full article on Seeking Alpha
XOM
US$145.26
Exxon Mobil
7D
-6.2%
1Y
42.0%
MSFT
US$450.24
Microsoft
7D
7.6%
1Y
-2.2%
Seeking Alpha • May 26

Microsoft: The $190B AI Infrastructure Trap Implies 20% Downside

Summary Microsoft faces significant risks from rising CapEx, AI competition, and margin compression, making current share prices unattractive for new investment. A thorough analysis of these risks, including their likelihood and impact, helps determine the true value of MSFT. Record CapEx—projected at $190 billion by 2026—risks an 'infrastructure trap,' with rapid asset obsolescence, declining ROIC, and potential overbuilding reminiscent of the Cisco scenario. I maintain a 'Sell' rating on MSFT, targeting a 20% correction to the $300–$350 range before considering long-term positions. Read the full article on Seeking Alpha
AMD
US$516.10
Advanced Micro Devices
7D
10.4%
1Y
366.1%