Core Insights - The Zacks Computer-Peripheral Equipment industry is positioned to benefit from increasing demand for professional gaming accessories, touchscreen and wireless devices, smart glasses, and RFID solutions, supported by improving PC shipments [1][2] Industry Overview - The industry includes companies that provide computer input, output, and storage devices, such as keyboards, mice, LCD panels, smart glasses, 3D printers, and gaming accessories [3] - The competitive nature of the industry drives innovation and product development to meet current demand trends [3] Growth Trends - A shift in consumer preference towards professional gaming and the rise of e-sports is a significant growth driver for the industry [4] - The 3D printing market is expected to offer long-term investment opportunities as various sectors adopt 3D technologies for design and modeling [4] - The global computer peripherals market is projected to grow from $162.9 billion in 2025 to $183.53 billion by 2029, reflecting a CAGR of 3% [5] Demand Drivers - Increasing commercial PC demand, particularly for PCs with AI capabilities, is anticipated to boost the computer peripheral industry's prospects [6] - The ongoing PC refreshment cycle and Windows 11 upgrades are expected to further drive market growth [6] Financial Performance - The Zacks Computer-Peripheral Equipment industry has outperformed the S&P 500, with a 25.2% increase over the past 12 months, while the S&P 500 and broader sector rose by 20.1% and 27.9%, respectively [13] - The industry is currently trading at a forward 12-month P/S ratio of 0.87X, significantly lower than the S&P 500's 5.31X and the sector's 6.64X [16] Company Highlights - Identiv focuses on RFID and IoT devices, benefiting from design agreements and technical expertise, with a consensus estimate for a 2026 loss of 70 cents per share [19][20] - TransAct Technologies specializes in transaction-based printers, experiencing growth due to digital transformation, with a consensus estimate for a 2026 loss of 5 cents per share [24][26] - Logitech, a leader in PC peripherals, has seen a recovery with six consecutive quarters of sales growth, driven by hybrid work trends and partnerships with cloud providers, with a revised earnings estimate of $5.61 per share for fiscal 2026 [29][32] - LG Display is benefiting from healthy demand for its display panels, with a consensus estimate for 2026 earnings of 27 cents per share, reflecting a 36.6% stock surge over the past year [34][36]

Industry Overview - The Zacks Computer-Peripheral Equipment industry includes companies that provide input, output, and storage devices, such as keyboards, mice, LCD panels, smart glasses, and gaming accessories [3] - The industry is characterized by intense competition, driving innovation and product development to meet current demand trends [3] Growth Drivers - Increasing demand for professional gaming accessories, touchscreen and wireless devices, smart glasses, and RFID solutions is expected to benefit key players like Logitech, Immersion, Identiv, and TransAct Technologies [1] - The shift in consumer preference from mobile gaming to professional gaming experiences, along with the rise of e-sports leagues, is a significant growth catalyst [4] - The 3D printing market is also seen as a long-term investment opportunity, with growing adoption across various industries [4] Market Dynamics - The demand for commercial PCs is anticipated to rise, driven by interest in AI-equipped devices and the beginning of a PC refreshment cycle [6] - The industry is currently facing macroeconomic challenges, including inflation and high interest rates, which are impacting IT spending and consumer demand [2][7] - New U.S. tariff policies may increase costs for suppliers and end-users, adding to the industry's near-term uncertainties [2][7] Financial Performance - The Zacks Computer-Peripheral Equipment industry has outperformed the S&P 500, with a 20.4% increase over the past 12 months, compared to 17.2% for the S&P 500 and 28.3% for the broader technology sector [13] - The industry is currently trading at a forward 12-month price-to-sales (P/S) ratio of 0.90X, significantly lower than the S&P 500's 5.40X and the technology sector's 7.01X [16] Company Highlights - **TransAct Technologies**: Focuses on transaction-based printers and is benefiting from digital transformation trends. The Zacks Consensus Estimate for 2025 indicates a loss of 15 cents per share, an improvement from previous estimates [19][21] - **Identiv**: Specializes in RFID and IoT devices, with a positive outlook due to successful design agreements. The 2025 loss estimate is projected at 95 cents per share, narrower than earlier forecasts [25][26] - **Immersion**: A leader in haptic technology, with strong demand and a robust patent portfolio. The fiscal 2026 earnings estimate remains at 42 cents per share [29][31] - **Logitech**: A global leader in peripherals, showing recovery with six consecutive quarters of sales growth. The fiscal 2026 earnings estimate has been revised upward to $5.04 per share [34][37]

Industry Overview - The Zacks Computer-Peripheral Equipment industry includes companies that provide input, output, and storage devices, such as keyboards, mice, LCD panels, smart glasses, and gaming accessories [3] - The industry is characterized by intense competition, driving innovation and product relevance among participants [3] Current Trends - There is a shift in consumer preference from mobile gaming to professional gaming, which is expected to drive growth in the gaming peripherals market [4] - The 3D printing market is seen as a long-term investment opportunity, with increasing adoption across various sectors, including medical and automotive [4] - The expansion into price-sensitive regions like Asia Pacific and the Middle East & Africa is anticipated to enhance growth prospects [5] Demand and Market Dynamics - Improving commercial PC demand is likely to benefit the computer peripherals industry, particularly with the upcoming end of Microsoft's Windows 10 support in October 2025 [6] - The industry is currently facing macroeconomic challenges, including high inflation and interest rates, which are dampening IT spending and consumer demand [2][7] Financial Performance - The Zacks Computer-Peripheral Equipment industry has underperformed the S&P 500 and the broader technology sector, declining by 7.1% over the past 12 months [13] - The industry is trading at a forward 12-month price-to-sales (P/S) ratio of 0.62X, significantly lower than the S&P 500's 5.28X and the technology sector's 6.65X [16] Company Highlights - **TransAct Technologies**: Focuses on transaction-based printers and is benefiting from increased demand amid digital transformation. The Zacks Consensus Estimate for 2025 indicates a loss of 19 cents per share, an improvement from previous estimates [20][22] - **Immersion**: A leader in haptic technology with a strong patent portfolio, integrated into over three billion devices. The Zacks Consensus Estimate for fiscal 2026 earnings is 42 cents per share, unchanged over the past 60 days [25][27] - **LG Display**: Manufactures display panels with healthy demand from PC vendors. The Zacks Consensus Estimate for 2025 earnings is 25 cents per share, remaining stable over the past 60 days [30][32]

Industry Overview - The Zacks Computer-Peripheral Equipment industry includes companies that provide input, output, and storage devices, such as keyboards, mice, LCD panels, smart glasses, and gaming accessories [3] - The industry is characterized by intense competition, driving innovation and product relevance among participants [3] Growth Drivers - Increasing demand for professional gaming accessories, touchscreen and wireless devices, smart glasses, and RFID solutions is expected to benefit key players like Logitech, Immersion, and TransAct Technologies [1] - The shift in consumer preference from mobile gaming to professional gaming experiences, along with the rise of e-sports leagues, is a significant growth catalyst [4] - The 3D printing market is anticipated to provide long-term investment opportunities as various industries adopt 3D solutions for design and modeling [4] - Improvement in commercial PC demand, driven by the upcoming end of Windows 10 support and interest in AI-equipped PCs, is likely to enhance the industry's prospects [6] Market Challenges - The industry faces macroeconomic headwinds, including inflation and high interest rates, which are leading to sluggish IT spending and affecting demand for computer peripherals [2][7] - Increased tariffs on imports from China may raise costs for suppliers and end-users, negatively impacting market prospects [7] - Elevated operating expenses due to investments in R&D and sales capabilities may pressure profit margins in the near term [8] Performance Metrics - The Zacks Computer-Peripheral Equipment industry has underperformed the S&P 500 and the broader Zacks Computer and Technology sector, declining by 15.9% over the past year [13] - The industry is currently trading at a forward 12-month P/S ratio of 0.52X, significantly lower than the S&P 500's 4.64X and the sector's 5.34X [16] Company Highlights Immersion - Immersion is a leader in haptic technology, with its products integrated into over three billion devices globally [21][22] - The company has strong partnerships, including with Sony for the PlayStation 5, enhancing its market position [23] - The Zacks Consensus Estimate for fiscal 2025 earnings has been revised upward to $1.81 per share [24] Logitech - Logitech is a global leader in PC peripherals, experiencing a recovery with four consecutive quarters of year-over-year sales growth [28] - The company benefits from increasing hybrid work trends and partnerships with cloud providers like Zoom and Microsoft [29] - The Zacks Consensus Estimate for fiscal 2025 earnings has been revised upward to $4.77 per share [30] TransAct Technologies - TransAct focuses on transaction-based printers and is benefiting from the demand amid digital transformation [33][34] - The Zacks Consensus Estimate for fiscal 2025 projects a loss of 26 cents per share, wider than previous estimates [35]