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U.S. Internet Services and Infrastructure Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies37
  • 7D-6.0%
  • 3M-22.7%
  • 1Y9.8%
  • YTDn/a

Over the last 7 days, the Internet Services and Infrastructure industry has dropped 6.0%, driven by a pullback from Shopify of 11%. On the other hand GoDaddy is actually up 7.5%. This takes the industry's 12 month performance to a gain of 9.8%. As for the next few years, earnings are expected to grow by 29% per annum.

Industry Valuation and Performance

Has the U.S. Internet Services and Infrastructure Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$271.6bUS$33.4b-US$1,695,868,333.8828.6x-160.2x8.1x
Sat, 06 Apr 2024US$254.0bUS$28.5b-US$3,314,546,005.9367.5x-76.6x8.9x
Mon, 04 Mar 2024US$278.2bUS$28.5b-US$2,645,792,868.7130.5x-105.1x9.8x
Wed, 31 Jan 2024US$300.6bUS$29.0b-US$3,559,750,667.0020.4x-84.4x10.4x
Fri, 29 Dec 2023US$291.9bUS$29.0b-US$3,580,212,409.0020.4x-81.5x10.1x
Sun, 26 Nov 2023US$260.3bUS$28.5b-US$3,696,350,650.0020.8x-70.4x9.1x
Tue, 24 Oct 2023US$212.7bUS$27.7b-US$4,957,191,051.0021.2x-42.9x7.7x
Thu, 21 Sep 2023US$230.1bUS$27.7b-US$4,958,938,951.0020.6x-46.4x8.3x
Sat, 19 Aug 2023US$216.2bUS$27.2b-US$5,206,097,416.0020.8x-41.5x7.9x
Mon, 17 Jul 2023US$254.2bUS$27.5b-US$5,296,401,352.0020x-48x9.2x
Wed, 14 Jun 2023US$246.4bUS$27.5b-US$5,242,327,917.0018.8x-47x9x
Fri, 12 May 2023US$223.7bUS$27.4b-US$5,324,632,966.0018.6x-42x8.2x
Sun, 09 Apr 2023US$204.0bUS$31.1b-US$8,412,730,355.0023.6x-24.2x6.6x
Tue, 07 Mar 2023US$203.6bUS$30.9b-US$8,262,022,259.0022.4x-24.6x6.6x
Thu, 02 Feb 2023US$213.0bUS$30.0b-US$8,008,954,452.0027.8x-26.6x7.1x
Sat, 31 Dec 2022US$173.9bUS$29.9b-US$7,994,306,253.0026.1x-21.8x5.8x
Mon, 28 Nov 2022US$169.5bUS$29.3b-US$7,919,759,401.0027.2x-21.4x5.8x
Wed, 26 Oct 2022US$189.2bUS$29.8b-US$7,610,766,315.0024.3x-24.9x6.4x
Fri, 23 Sep 2022US$184.9bUS$29.7b-US$7,598,263,606.0022.6x-24.3x6.2x
Sun, 21 Aug 2022US$211.4bUS$29.1b-US$7,511,286,517.0020.4x-28.1x7.3x
Tue, 19 Jul 2022US$196.9bUS$28.8b-US$4,349,721,379.0044.5x-45.3x6.8x
Thu, 16 Jun 2022US$189.3bUS$28.8b-US$4,349,659,160.0047.4x-43.5x6.6x
Sat, 14 May 2022US$234.1bUS$29.0b-US$3,752,422,093.0051.5x-62.4x8.1x
Mon, 11 Apr 2022US$322.9bUS$28.5b-US$1,069,892,180.0055.7x-301.8x11.3x
Wed, 09 Mar 2022US$283.4bUS$27.2b-US$974,897,851.0054x-290.7x10.4x
Fri, 04 Feb 2022US$364.3bUS$26.1bUS$114.2m41.8x3190.5x14x
Sun, 02 Jan 2022US$513.8bUS$25.8bUS$129.2m55.4x3976.6x19.9x
Tue, 30 Nov 2021US$573.6bUS$25.4bUS$268.0m57.7x2139.9x22.6x
Thu, 28 Oct 2021US$550.1bUS$24.0b-US$481,344,688.0060.7x-1142.8x22.9x
Sat, 25 Sep 2021US$537.2bUS$23.9b-US$476,622,169.0062.4x-1127.1x22.4x
Mon, 23 Aug 2021US$508.4bUS$24.0b-US$491,759,652.4162.7x-1033.7x21.2x
Sat, 10 Jul 2021US$490.8bUS$22.4bUS$291.1m68.1x1685.9x22x
Price to Earnings Ratio

-495.6x


Total Market Cap: US$435.4bTotal Earnings: -US$878,533,991.15Total Revenue: US$21.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Internet Services and Infrastructure Industry Price to Earnings3Y Average 394x202220232024
Current Industry PE
  • Investors are pessimistic on the American Internet Services and Infrastructure industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 11.2x is higher than the industry's current PS ratio of 8.1x.
Past Earnings Growth
  • The earnings for companies in the Internet Services and Infrastructure industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 17% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Comparison

How does U.S. Internet Services and Infrastructure compare with similar industries?

US Market3.30%
Tech5.57%
IT0.34%
Internet Services and Infrastructure-5.99%
IT Consulting4.39%
Data Processing Services2.82%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
GDDY GoDaddyUS$131.477.5%
+US$1.2b
88.3%PE10.7x
OKTA OktaUS$97.544.5%
+US$703.1m
24.7%PS7.2x
SNOW SnowflakeUS$157.781.1%
+US$547.7m
-8.3%PS18.8x
SQSP SquarespaceUS$37.8010.0%
+US$472.7m
34.6%PS4.9x
AKAM Akamai TechnologiesUS$102.121.2%
+US$188.5m
19.4%PE28.6x
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Latest News

SHOP

US$62.73

Shopify

7D

-10.9%

1Y

-0.7%

AKAM

US$102.12

Akamai Technologies

7D

1.2%

1Y

19.4%

SQSP

US$37.80

Squarespace

7D

10.0%

1Y

34.6%

FSLY

US$8.31

Fastly

7D

-35.7%

1Y

-36.2%

NET

US$72.45

Cloudflare

7D

-17.7%

1Y

47.2%

MDB

US$353.20

MongoDB

7D

-5.4%

1Y

34.8%

SNOW

US$157.78

Snowflake

7D

1.1%

1Y

-8.3%

OKTA

US$97.54

Okta

7D

4.5%

1Y

24.7%

GDS

US$8.09

GDS Holdings

7D

-8.6%

1Y

-29.5%

VRSN

US$168.56

VeriSign

7D

-1.5%

1Y

-24.4%

WIX

US$121.11

Wix.com

7D

1.8%

1Y

56.3%

VNET

US$1.98

VNET Group

7D

13.8%

1Y

-34.2%