Technology Stocks
Track 90 technology companies from the S&P 500 and NASDAQ 100 indices with historical returns, performance rankings, and investment analysis.
What's Driving Tech Stock Returns?
Updated: Nov 2026The technology sector has been reshaped by the AI revolution. Since ChatGPT's launch in late 2022, companies with AI exposure have seen massive multiple expansion, while those perceived as AI losers have struggled. This has created a two-tier market within tech itself.
Semiconductors currently lead the sector with an average 1-year return of +65.5%, while Software lag at +3.7%. The divergence reflects investor preference for companies directly enabling AI infrastructure (chips, cloud) over those facing AI disruption risks (legacy software, services).
Key themes driving returns: AI infrastructure buildout (NVDA, AVGO), cloud computing growth (MSFT, AMZN, GOOGL), enterprise software consolidation, and cybersecurity spending. Meanwhile, PC/smartphone saturation and China exposure remain headwinds for some names.
Of the 90 technology stocks tracked, 58 delivered positive returns over the past year while 32 declined. The top performer, MU, returned +295.4%, while FICO was the weakest at -55.1%. The median tech stock returned +12.9%.
Top 5 by 1-Year Return
Technology Stocks Monthly Returns (Dec'25 – Nov'26)
Which tech stocks are winning? Use this heatmap to quickly identify the best and worst performers, spot which months hurt or helped specific stocks, and compare volatility across the sector. Over the past 12 months, 62 stocks gained while 28 declined. The leader is MU at +274.6%; the laggard is FICO at -60.6%. Green = gain, red = loss. Darker colors = bigger moves. Click any ticker for full analysis.
| Stock | Dec'25 | Jan'26 | Feb'26 | Mar'26 | Apr'26 | May'26 | Jun'26 | Jul'26 | Aug'26 | Sep'26 | Oct'26 | Nov'26 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MU | +21% | +45% | -1% | -18% | +53% | +88% | +19% | -29% | +16% | +11% | -17% | — | +274.6% |
| DELL | -6% | -9% | +29% | +11% | +28% | +101% | +3% | -6% | +12% | +18% | -21% | — | +221.6% |
| HPE | +10% | -10% | -0% | +12% | +21% | +50% | +5% | +6% | +9% | +23% | -14% | — | +156.4% |
| STX | -0% | +48% | +0% | -4% | +72% | +31% | +10% | -11% | -3% | +11% | -30% | — | +134.3% |
| AMD | -2% | +11% | -15% | +2% | +74% | +46% | +13% | -18% | -1% | +30% | -17% | — | +132.1% |
| WDC | +6% | +45% | +12% | -3% | +61% | +22% | +20% | -15% | -17% | +1% | -19% | — | +124.5% |
| MRVL | -5% | -7% | +4% | +21% | +67% | +24% | +45% | -37% | +13% | +25% | -26% | — | +120.1% |
| CRWD | -8% | -6% | -16% | +5% | +14% | +64% | +4% | +0% | +21% | +15% | -5% | — | +96.7% |
| PANW | -3% | -4% | -16% | +8% | +12% | +57% | +21% | -3% | +15% | +4% | -8% | — | +92.4% |
| TXN | +3% | +25% | -2% | -8% | +45% | +9% | -2% | -7% | -5% | +7% | +8% | — | +82.6% |
| NTAP | -4% | -10% | +3% | +3% | +9% | +57% | -11% | +16% | +4% | +13% | -5% | — | +81.3% |
| FTNT | -2% | +2% | -3% | +3% | +3% | +64% | +11% | +5% | +6% | +5% | -24% | — | +67.7% |
| PAYC | -1% | -15% | -7% | -3% | +4% | +10% | -10% | +30% | +46% | -9% | +21% | — | +65.1% |
| INTC | -9% | +26% | -2% | -3% | +114% | +21% | +22% | -35% | -1% | +34% | -45% | — | +62.2% |
| ADI | +3% | +15% | +14% | -10% | +26% | +3% | -4% | -7% | -1% | +10% | +5% | — | +59.2% |
| AMAT | +2% | +25% | +16% | -8% | +15% | +14% | +61% | -30% | -10% | +12% | -24% | — | +55.2% |
| KEYS | +3% | +6% | +42% | -8% | +24% | -3% | +3% | -9% | +1% | +13% | -16% | — | +55.2% |
| LRCX | +10% | +36% | +0% | -9% | +21% | +23% | +36% | -32% | +3% | +9% | -27% | — | +54.0% |
| TER | +6% | +25% | +33% | -7% | +16% | +9% | +29% | -24% | -5% | +15% | -32% | — | +51.0% |
| GLW | +4% | +18% | +46% | -10% | +21% | +10% | +41% | -46% | +8% | +3% | -20% | — | +47.2% |
| DDOG | -15% | -5% | -13% | +5% | +12% | +87% | +5% | +3% | -12% | +16% | -14% | — | +47.1% |
| MCHP | +19% | +19% | -1% | -13% | +44% | +2% | -4% | -19% | -1% | +6% | -1% | — | +46.8% |
| ZBRA | -4% | -3% | -5% | -7% | +8% | +8% | +8% | +12% | +20% | +6% | -3% | — | +42.9% |
| ON | +8% | +11% | +11% | -7% | +63% | +20% | -22% | -14% | -9% | +4% | -7% | — | +42.7% |
| GRMN | +4% | -1% | +25% | -8% | +8% | -7% | +2% | +24% | -3% | +1% | -5% | — | +41.9% |
| ··· 40 stocks in middle ··· | |||||||||||||
| ZS | -11% | -11% | -27% | -5% | -7% | +7% | +1% | +7% | +25% | +6% | +19% | — | -5.4% |
| JKHY | +5% | -2% | -9% | -2% | -3% | -11% | +2% | +12% | +9% | -14% | +13% | — | -6.1% |
| WDAY | -0% | -18% | -24% | -3% | -6% | +19% | -16% | +31% | +23% | -4% | +4% | — | -8.3% |
| QRVO | -2% | -8% | +6% | -5% | — | — | — | — | — | — | — | — | -8.3% |
| GDDY | -3% | -19% | -13% | -5% | +5% | -1% | -1% | -3% | +18% | -2% | +23% | — | -8.3% |
| ENPH | +11% | +15% | +14% | -11% | -13% | +107% | -28% | -24% | -3% | -9% | -22% | — | -11.1% |
| CTSH | +7% | -1% | -21% | -5% | -14% | +6% | -31% | +43% | +17% | -11% | +13% | — | -14.7% |
| IBM | -4% | +4% | -21% | +1% | -5% | +30% | -6% | -20% | +5% | -6% | +17% | — | -14.8% |
| TYL | -3% | -19% | -4% | -3% | -0% | -8% | -7% | +6% | +20% | -14% | +24% | — | -16.0% |
| ADSK | -2% | -15% | -3% | -3% | -1% | -2% | -16% | +20% | +10% | -19% | +19% | — | -17.7% |
| AVGO | -14% | -4% | -4% | -3% | +35% | +7% | -15% | +3% | -5% | -5% | -7% | — | -18.5% |
| BR | -2% | -12% | -6% | -12% | -5% | -0% | -10% | +12% | +18% | -11% | +11% | — | -19.8% |
| TRMB | -4% | -14% | -1% | -2% | +3% | -16% | -9% | +11% | +6% | -5% | +14% | — | -20.2% |
| ADBE | +9% | -16% | -11% | -7% | +1% | +5% | -21% | +22% | +17% | -18% | +4% | — | -21.8% |
| LYFT | -8% | -13% | -18% | -4% | +6% | -0% | +4% | +9% | +7% | -11% | +8% | — | -23.1% |
| LDOS | -5% | +4% | -7% | -11% | -4% | -14% | -19% | +12% | +21% | -13% | +17% | — | -24.3% |
| EPAM | +10% | +2% | -32% | -4% | -16% | -10% | -23% | +33% | +12% | -8% | +30% | — | -24.9% |
| UBER | -7% | -2% | -6% | -5% | +4% | -6% | +3% | -2% | +8% | -9% | -5% | — | -25.5% |
| DUOL | -8% | -24% | -25% | -2% | +12% | +1% | +3% | +17% | +10% | -4% | -8% | — | -31.2% |
| ORCL | -3% | -15% | -12% | +1% | +10% | +40% | -35% | -11% | +15% | -8% | -4% | — | -34.4% |
| NOW | -6% | -24% | -8% | -3% | -16% | +41% | -20% | +12% | +33% | -9% | -22% | — | -35.3% |
| FSLR | -4% | -14% | -13% | +0% | +2% | +52% | -23% | -11% | -4% | -13% | -0% | — | -36.1% |
| FIS | +2% | -17% | -8% | -7% | -1% | -8% | -9% | +15% | -9% | -18% | +17% | — | -39.1% |
| INTU | +4% | -25% | -18% | +6% | -10% | -15% | -21% | +22% | +14% | -23% | +24% | — | -45.4% |
| FICO | -6% | -13% | -4% | -24% | -4% | +22% | -4% | -6% | +2% | -48% | +20% | — | -60.6% |
All Technology Stocks
The table below lists all 90 technology stocks sorted by market capitalization. The three largest — AAPL, NVDA, MSFT — represent 55% of the sector's total $25.3T market cap. Over five years, 60 of these stocks have delivered positive returns. Click any stock for detailed annual returns, monthly heatmaps, and investment calculators.
| Stock | Market Cap | 1Y Return | 5Y Return | 10Y Return |
|---|---|---|---|---|
| AAPL Apple Inc. | $5.0T | +27.4% | +137.7% | +1192.5% |
| NVDA NVIDIA Corporation | $4.9T | +1.1% | +787.3% | +12250.4% |
| MSFT Microsoft Corporation | $3.9T | +0.1% | +76.5% | +885.2% |
| AVGO Broadcom Inc. | $1.6T | -12.7% | +582.3% | +2357.0% |
| MU Micron Technology, Inc. | $1.0T | +295.4% | +1217.9% | +5256.8% |
| AMD Advanced Micro Devices, | $824B | +98.1% | +312.6% | +7642.3% |
| PLTR Palantir Technologies Inc. | $442B | -5.4% | +624.6% | N/A |
| CSCO Cisco Systems, Inc. | $412B | +46.0% | +117.3% | +364.4% |
| ORCL Oracle Corporation | $396B | -48.5% | +42.8% | +299.9% |
| INTC Intel Corporation | $350B | +63.8% | +44.5% | +130.9% |
| AMAT Applied Materials, Inc. | $310B | +68.7% | +199.5% | +1426.6% |
| PANW Palo Alto Networks, | $299B | +67.6% | +341.0% | +1361.8% |
| LRCX Lam Research Corporation | $299B | +49.2% | +355.7% | +2698.6% |
| TXN Texas Instruments Incorporated | $275B | +93.2% | +74.0% | +467.8% |
| DELL Dell Technologies Inc. | $270B | +166.3% | +721.8% | +3428.0% |
| CRWD CrowdStrike Holdings, Inc. | $256B | +86.0% | +257.6% | N/A |
| IBM International Business Machines | $244B | -14.7% | +155.8% | +173.3% |
| ANET Arista Networks, Inc. | $213B | +6.6% | +599.9% | +3132.5% |
| KLAC KLA Corporation | $206B | +30.7% | +383.0% | +2411.9% |
| ADI Analog Devices, Inc. | $202B | +81.3% | +151.2% | +697.4% |
| APH Amphenol Corporation | $196B | +14.8% | +319.3% | +954.7% |
| CRM Salesforce, Inc. | $189B | -9.9% | -20.5% | +215.6% |
| MRVL Marvell Technology, Inc. | $177B | +122.1% | +195.5% | +1530.9% |
| QCOM QUALCOMM Incorporated | $176B | -5.1% | +39.3% | +217.8% |
| ACN Accenture plc | $158B | +6.6% | -20.9% | +163.9% |
| STX Seagate Technology Holdings | $148B | +141.6% | +733.1% | +2685.7% |
| WDC Western Digital Corporation | $137B | +165.5% | +756.5% | +931.0% |
| UBER Uber Technologies, Inc. | $133B | -32.4% | +42.7% | N/A |
| ADP Automatic Data Processing, | $116B | +15.6% | +50.6% | +321.8% |
| NOW ServiceNow, Inc. | $109B | -43.8% | -23.7% | +556.5% |
| SNOW Snowflake Inc. | $108B | +12.9% | -10.4% | N/A |
| GLW Corning Incorporated | $106B | +37.8% | +261.9% | +565.7% |
| FTNT Fortinet, Inc. | $100B | +61.6% | +105.0% | +2039.6% |
| NET Cloudflare, Inc. | $100B | +26.2% | +48.2% | N/A |
| ADBE Adobe Inc. | $97B | -26.2% | -61.3% | +129.5% |
| INTU Intuit Inc. | $91B | -47.3% | -41.1% | +241.0% |
| CDNS Cadence Design Systems, | $90B | -2.4% | +95.9% | +1175.3% |
| SNPS Synopsys, Inc. | $90B | +5.6% | +44.3% | +690.8% |
| DDOG Datadog, Inc. | $84B | +49.8% | +45.6% | N/A |
| MSI Motorola Solutions, Inc. | $81B | +15.1% | +112.0% | +673.4% |
| HPE Hewlett Packard Enterprise | $73B | +129.8% | +309.4% | +479.2% |
| NXPI NXP Semiconductors N.V. | $65B | +28.0% | +42.1% | +191.0% |
| TEL TE Connectivity plc | $61B | -11.5% | +55.9% | +310.4% |
| MPWR Monolithic Power Systems, | $59B | +12.2% | +140.4% | +1592.8% |
| GRMN Garmin Ltd. | $53B | +28.9% | +85.0% | +622.7% |
| KEYS Keysight Technologies, Inc. | $52B | +75.2% | +73.0% | +845.5% |
| ADSK Autodesk, Inc. | $52B | -17.0% | -19.9% | +250.7% |
| WDAY Workday, Inc. | $48B | -15.1% | -29.9% | +123.6% |
| ROP Roper Technologies, Inc. | $46B | +6.3% | -1.2% | +188.0% |
| XYZ Block, Inc. | $46B | +3.1% | -70.9% | +573.3% |
| TER Teradyne, Inc. | $43B | +55.4% | +138.4% | +1251.8% |
| MCHP Microchip Technology Incorporated | $42B | +27.9% | +13.8% | +214.0% |
| PAYX Paychex, Inc. | $40B | +0.9% | +7.4% | +176.0% |
| NTAP NetApp, Inc. | $39B | +75.0% | +138.9% | +648.9% |
| ZS Zscaler, Inc. | $39B | -26.1% | -23.6% | N/A |
| TDY Teledyne Technologies Incorporated | $31B | +27.1% | +47.9% | +526.0% |
| CTSH Cognizant Technology Solutions | $29B | -7.8% | -10.2% | +50.4% |
| JBL Jabil Inc. | $28B | +23.3% | +344.9% | +1245.1% |
| ON ON Semiconductor Corporation | $28B | +40.9% | +55.1% | +506.4% |
| ZM Zoom Communications, Inc. | $28B | +13.2% | -65.9% | N/A |
| VRSN VeriSign, Inc. | $28B | +32.0% | +42.5% | +283.5% |
| CPAY Corpay, Inc. | $26B | +57.2% | +42.7% | +130.8% |
| HPQ HP Inc. | $26B | +9.9% | +13.4% | +192.8% |
| SMCI Super Micro Computer, | $22B | -34.6% | +832.6% | +1435.4% |
| PTC PTC Inc. | $21B | -0.9% | +51.2% | +321.5% |
| SWKS Skyworks Solutions, Inc. | $21B | +14.2% | -39.0% | +40.4% |
| BR Broadridge Financial Solutions, | $20B | -17.2% | +6.7% | +231.0% |
| FIS Fidelity National Information | $20B | -35.9% | -64.0% | -37.7% |
| FTV Fortive Corporation | $19B | +27.8% | +18.9% | +121.5% |
| CDW CDW Corporation | $19B | +0.1% | -14.0% | +293.5% |
| FFIV F5, Inc. | $19B | +31.8% | +62.4% | +186.6% |
| FSLR First Solar, Inc. | $19B | -25.3% | +59.9% | +312.8% |
| LDOS Leidos Holdings, Inc. | $18B | -24.2% | +49.7% | +298.0% |
| GEN Gen Digital Inc. | $17B | +13.9% | +21.2% | +152.1% |
| ZBRA Zebra Technologies Corporation | $17B | +38.2% | -32.1% | +458.4% |
| TYL Tyler Technologies, Inc. | $16B | -17.5% | -25.9% | +140.7% |
| FICO Fair Isaac Corporation | $15B | -55.1% | +71.8% | +476.1% |
| DOCU DocuSign, Inc. | $15B | +14.8% | -70.4% | N/A |
| TRMB Trimble Inc. | $15B | -17.7% | -25.3% | +121.6% |
| GDDY GoDaddy Inc. | $15B | -7.5% | +67.5% | +222.1% |
| IT Gartner, Inc. | $14B | -7.9% | -29.2% | +160.7% |
| AKAM Akamai Technologies, Inc. | $13B | +25.4% | -13.8% | +60.8% |
| PAYC Paycom Software, Inc. | $12B | +43.9% | -49.6% | +443.3% |
| JKHY Jack Henry & | $11B | +9.3% | -1.1% | +122.8% |
| DAY Dayforce, Inc. | $11B | -1.7% | -27.0% | N/A |
| QRVO Qorvo, Inc. | $7B | +9.7% | -57.3% | +59.9% |
| EPAM EPAM Systems, Inc. | $7B | -11.7% | -78.5% | +121.8% |
| DUOL Duolingo, Inc. | $6B | -49.9% | -29.8% | N/A |
| LYFT Lyft, Inc. | $6B | -18.2% | -66.4% | N/A |
| ENPH Enphase Energy, Inc. | $3B | -14.9% | -85.7% | +2111.2% |
About Technology Stocks
The technology sector represents 90 companies in our US market coverage, with a combined market capitalization of $25.3T. These stocks are selected from the S&P 500 and NASDAQ 100 indices — the most widely followed benchmarks for large-cap US equities. This ensures coverage of established, liquid companies with reliable historical data.
The sector is dominated by a few mega-cap names: AAPL ($5.0T), NVDA ($4.9T), and MSFT ($3.9T) together account for 55% of the sector's total market value.
Technology Sector Performance
Over the past year, technology stocks have delivered an average return of +23.0%, with a median return of +12.9%. 58 stocks posted gains while 32 declined. The best performer was MU at +295.4%, while FICO lagged at -55.1%.
Over five years, the average return is +130.2%, with 60 of 90 stocks in positive territory. This reflects the sector's strong growth trajectory driven by digital transformation, AI adoption, and cloud computing expansion.
Industry Performance Breakdown
Not all tech is created equal. Here's how the major sub-industries are performing, with average 1-year returns calculated from our data:
Other Key Technology Industries
Investing in Technology Stocks
Technology stocks tend to be more volatile than the broader market, with higher potential returns but also greater drawdowns during downturns. The sector's average 1-year return of +23.0% compares to the S&P 500's historical average of roughly 10% annually.
For diversified exposure, investors often consider the Technology Select Sector SPDR Fund (XLK) or the Invesco QQQ Trust (QQQ), which provide broad technology sector coverage in a single investment.
Frequently Asked Questions About Technology Stocks
What are the best tech stocks to invest in?
The top-performing tech stock over the past year is MU with a return of +295.4%. Over 5 years, the average tech stock in our coverage returned +130.2%. The three largest tech companies by market cap are AAPL, NVDA, MSFT, which together represent 55% of the sector.
How has the technology sector performed?
The 90 technology stocks in our coverage have an average 1-year return of +23.0% and an average 5-year return of +130.2%. Over the past year, 58 stocks posted positive returns while 32 declined. The median tech stock returned +12.9%.
Is the tech sector overvalued?
Tech stocks typically trade at higher valuations than the broader market due to their growth potential. Whether they are overvalued depends on whether future earnings growth justifies current prices. Profitable mega-caps like AAPL, MSFT, and GOOGL have strong cash flows, while smaller growth names carry more valuation risk, especially when interest rates are high.
What are the best technology ETFs?
The most popular tech ETFs are XLK (Technology Select Sector SPDR, pure S&P 500 tech) and QQQ (Invesco Nasdaq 100, tech-heavy but includes other growth sectors). VGT (Vanguard Information Technology) offers broad tech exposure with low fees, while SMH (VanEck Semiconductor) targets chipmakers specifically.
How does the technology sector compare to the S&P 500?
Technology has been the dominant sector for stock market returns, with a combined market cap of $25.3T. The sector tends to outperform during growth-driven markets and underperform during rate-hiking cycles. Currently, Semiconductors leads within tech at +65.5% average 1-year return, while Software lags at +3.7%.