Sectors & Industries TechnologyCommunication Equipment
Best Communication Equipment Stocks to Buy Now (2026)
Top communication equipment stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best communication equipment stocks to buy now. Learn More.

Industry: Communication Equipment

Zen Rating Price Value Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Communication Equipment is Zen Rated B and is the 37th ranked industry out of 145 stock market industries

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E	Country
EXTR	EXTREME NETWORKS INC	NASDAQ	Communication Equipment	$2.99B	$22.81	0.13%	$113.97M	57.03x	13.80	United States
HPE	HEWLETT PACKARD ENTERPRISE CO	NYSE	Communication Equipment	$70.49B	$53.10	-5.67%	$6.59B	26.29x	2.15	United States
DGII	DIGI INTERNATIONAL INC	NASDAQ	Communication Equipment	$2.73B	$72.03	0.76%	$112.82M	55.84x	0.41	United States
AUDC	AUDIOCODES LTD	NASDAQ	Communication Equipment	$254.52M	$10.35	-21.84%	$18.89M	39.81x	1.12	Israel
OCC	OPTICAL CABLE CORP	NASDAQ	Communication Equipment	$105.84M	$11.97	-6.35%	$4.26M	41.28x	1.40	United States
ITRN	ITURAN LOCATION & CONTROL LTD	NASDAQ	Communication Equipment	$1.04B	$52.79	0.68%	$102.80M	16.29x	0.84	Israel
HLIT	HARMONIC INC	NASDAQ	Communication Equipment	$1.11B	$10.19	0.20%	-$8.75M	-24.26x	0.76	United States
ZBRA	ZEBRA TECHNOLOGIES CORP	NASDAQ	Communication Equipment	$15.59B	$329.50	0.89%	$1.06B	29.90x	1.51	United States
CRNT	CERAGON NETWORKS LTD	NASDAQ	Communication Equipment	$185.30M	$2.03	-1.48%	$22.71M	-50.75x	0.82	Israel
KN	KNOWLES CORP	NYSE	Communication Equipment	$2.88B	$34.00	-0.88%	$130.90M	40.96x	0.35	United States
VIAV	VIAVI SOLUTIONS INC	NASDAQ	Communication Equipment	$7.41B	$30.05	-2.23%	$104.90M	-231.15x	0.87	United States
PI	IMPINJ INC	NASDAQ	Communication Equipment	$5.69B	$184.46	-2.26%	$8.94M	-576.44x	0.81	United States
LTRX	LANTRONIX INC	NASDAQ	Communication Equipment	$273.69M	$5.86	-3.58%	-$872.00k	-58.60x	0.34	United States
CSCO	CISCO SYSTEMS INC	NASDAQ	Communication Equipment	$405.97B	$102.97	0.62%	$20.02B	30.65x	1.58	United States
CIEN	CIENA CORP	NYSE	Communication Equipment	$42.55B	$300.08	-9.28%	$970.71M	64.95x	1.62	United States
ERIC	ERICSSON LM TELEPHONE CO	NASDAQ	Communication Equipment	$36.71B	$10.89	1.56%	$4.39B	11.94x	1.55	Sweden
AVNW	AVIAT NETWORKS INC	NASDAQ	Communication Equipment	$257.57M	$20.12	-1.09%	$28.21M	100.60x	1.24	United States
FEIM	FREQUENCY ELECTRONICS INC	NASDAQ	Communication Equipment	$750.69M	$66.59	-7.61%	$6.21M	266.36x	0.28	United States
BKTI	BK TECHNOLOGIES CORP	NYSEMKT	Communication Equipment	$259.03M	$68.72	-2.55%	$18.90M	18.88x	0.42	United States
BDC	BELDEN INC	NYSE	Communication Equipment	$4.20B	$107.32	-2.02%	$458.61M	23.80x	3.29	United States
AIRG	AIRGAIN INC	NASDAQ	Communication Equipment	$55.15M	$4.21	0.48%	-$4.41M	-7.52x	0.60	United States
MSI	MOTOROLA SOLUTIONS INC	NYSE	Communication Equipment	$81.26B	$491.00	1.22%	$3.71B	38.21x	6.20	United States
CLFD	CLEARFIELD INC	NASDAQ	Communication Equipment	$442.84M	$32.60	0.86%	-$684.00k	-63.92x	0.09	United States
LITE	LUMENTUM HOLDINGS INC	NASDAQ	Communication Equipment	$61.01B	$680.16	-7.85%	-$6.88B	-7.32x	0.57	United States
UI	UBIQUITI INC	NYSE	Communication Equipment	$33.01B	$545.42	2.86%	$1.20B	34.37x	0.53	United States
ADTN	ADTRAN HOLDINGS INC	NASDAQ	Communication Equipment	$412.30M	$5.06	-6.52%	$97.52M	-18.07x	5.11	United States
SILC	SILICOM LTD	NASDAQ	Communication Equipment	$184.39M	$31.88	-0.38%	N/A	-24.89x	0.34	Israel
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	NASDAQ	Communication Equipment	$28.36B	$150.91	-9.55%	$589.37M	50.98x	0.10	Cayman Islands
NOK	NOKIA CORP	NYSE	Communication Equipment	$48.69B	$8.48	-2.59%	$1.38B	60.14x	0.79	Finland
GILT	GILAT SATELLITE NETWORKS LTD	NASDAQ	Communication Equipment	$567.54M	$7.37	-4.21%	$53.71M	16.02x	0.40	United States
NTGR	NETGEAR INC	NASDAQ	Communication Equipment	$593.05M	$21.82	2.29%	-$13.41M	-23.21x	0.73	United States
VISN	VISTANCE NETWORKS INC	NASDAQ	Communication Equipment	$1.50B	$6.51	-1.08%	$6.94B	0.20x	0.40	United States
AAOI	APPLIED OPTOELECTRONICS INC	NASDAQ	Communication Equipment	$5.41B	$63.97	-7.35%	-$24.32M	-85.29x	0.38	United States
CMTL	COMTECH TELECOMMUNICATIONS CORP	NASDAQ	Communication Equipment	$37.07M	$1.23	0.81%	$10.56M	-0.53x	11.18	United States
AIOT	POWERFLEET INC	NASDAQ	Communication Equipment	$370.46M	$2.76	2.90%	$83.41M	-19.71x	0.98	United States
VSAT	VIASAT INC	NASDAQ	Communication Equipment	$10.36B	$75.24	-11.23%	$1.77B	-358.29x	2.24	United States
CLRO	CLEARONE INC	NASDAQ	Communication Equipment	$14.85M	$5.55	-9.91%	-$20.12M	-0.51x	-3.60	United States
INSG	INSEEGO CORP	NASDAQ	Communication Equipment	$74.39M	$4.53	6.62%	$2.60M	32.36x	-3.96	United States
MOB	MOBILICOM LTD	NASDAQ	Communication Equipment	$38.47M	$2.99	0.00%	N/A	N/A	0.63	Australia
TSAT	TELESAT CORP	NASDAQ	Communication Equipment	$617.21M	$40.30	-2.08%	-$77.33M	-2.21x	19.08	Canada
AMPG	AMPLITECH GROUP INC	NASDAQ	Communication Equipment	$75.71M	$2.52	-1.59%	-$5.59M	-7.64x	0.25	United States
ASTS	AST SPACEMOBILE INC	NASDAQ	Communication Equipment	$14.46B	$37.15	-4.12%	-$470.75M	-17.44x	1.83	United States
ONDS	ONDAS INC	NASDAQ	Communication Equipment	$3.30B	$5.79	-8.98%	$166.11M	-144.75x	0.90	United States
FIEE	FIEE INC	NASDAQ	Communication Equipment	$23.97M	$2.81	8.90%	$6.79M	5.20x	0.34	United States
MITQ	MOVING IMAGE TECHNOLOGIES INC	NYSEMKT	Communication Equipment	$4.98M	$0.50	4.40%	$6.00k	-16.67x	0.84	United States
FKWL	FRANKLIN WIRELESS CORP	NASDAQ	Communication Equipment	$25.34M	$2.15	-1.40%	-$4.27M	-5.38x	0.54	United States
SONM	DNA X INC	NASDAQ	Communication Equipment	$3.75M	$2.52	1.98%	-$4.96M	-0.25x	-4.67	United States
SYNX	SILYNXCOM LTD	NYSEMKT	Communication Equipment	$6.40M	$0.96	3.73%	-$1.79M	-2.99x	0.67	Israel
UTSI	UTSTARCOM HOLDINGS CORP	NASDAQ	Communication Equipment	$19.72M	$2.14	-1.87%	-$6.57M	-2.12x	0.55	Hong Kong
CHAI	CORE AI HOLDINGS INC	NASDAQ	Communication Equipment	$4.62M	$0.19	-2.14%	-$22.79M	0.07x	9.40	Canada
NUR	NURAN WIRELESS INC	NASDAQ	Communication Equipment	$7.31M	$0.56	-10.71%	N/A	N/A	121.14
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	NASDAQ	Communication Equipment	$30.32M	$4.30	-1.40%	$3.91M	7.96x	0.54	Israel
BOXL	BOXLIGHT CORP	NASDAQ	Communication Equipment	$1.61M	$2.41	-13.69%	-$5.89M	-0.02x	-60.28	United States

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Nov 2026?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best communication equipment stocks to buy right now are:

1. Extreme Networks (NASDAQ:EXTR)

Extreme Networks (NASDAQ:EXTR) is the #1 top communication equipment stock out of 53 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Extreme Networks (NASDAQ:EXTR) is: Value: B, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.

Extreme Networks (NASDAQ:EXTR) has a Due Diligence Score of 45, which is 12 points higher than the communication equipment industry average of 33.

EXTR passed 15 out of 33 due diligence checks and has strong fundamentals. Extreme Networks has seen its stock return 28.31% over the past year, overperforming other communication equipment stocks by 10 percentage points.

Extreme Networks has an average 1 year price target of $34.80, an upside of 52.56% from Extreme Networks's current stock price of $22.81.

Extreme Networks stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Extreme Networks, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) is the #2 top communication equipment stock out of 53 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Hewlett Packard Enterprise Co (NYSE:HPE) is: Value: B, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: B.

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 57, which is 24 points higher than the communication equipment industry average of 33.

HPE passed 21 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 112.61% over the past year, overperforming other communication equipment stocks by 94 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $70.90, an upside of 33.51% from Hewlett Packard Enterprise Co's current stock price of $53.10.

Hewlett Packard Enterprise Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Hewlett Packard Enterprise Co, 47.37% have issued a Strong Buy rating, 10.53% have issued a Buy, 42.11% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Digi International (NASDAQ:DGII)

Digi International (NASDAQ:DGII) is the #3 top communication equipment stock out of 53 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Digi International (NASDAQ:DGII) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: B, Financials: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 44, which is 11 points higher than the communication equipment industry average of 33.

DGII passed 15 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 104.05% over the past year, overperforming other communication equipment stocks by 86 percentage points.

Digi International has an average 1 year price target of $82.33, an upside of 14.3% from Digi International's current stock price of $72.03.

Digi International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Digi International, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the communication equipment stocks with highest dividends?

Out of 11 communication equipment stocks that have issued dividends in the past year, the 3 communication equipment stocks with the highest dividend yields are:

1. Vistance Networks (NASDAQ:VISN)

Vistance Networks (NASDAQ:VISN) has an annual dividend yield of 76.8%, which is 68 percentage points higher than the communication equipment industry average of 8.98%.

Vistance Networks's dividend payout ratio of 62.1% indicates that its high dividend yield is sustainable for the long-term.

2. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) has an annual dividend yield of 5.68%, which is -3 percentage points lower than the communication equipment industry average of 8.98%. Ituran Location & Control's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Ituran Location & Control's dividend has shown consistent growth over the last 10 years.

Ituran Location & Control's dividend payout ratio of 92.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) has an annual dividend yield of 3.86%, which is -5 percentage points lower than the communication equipment industry average of 8.98%. Audiocodes's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Audiocodes's dividend has not shown consistent growth over the last 10 years.

Audiocodes's dividend payout ratio of 153.8% indicates that its dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 0.37% in the last day, and down -9.97% over the last week. Zebra Technologies was the among the top gainers in the communication equipment industry, gaining 0.89% yesterday.

Zebra Technologies shares are trading lower after the company reported Q3 financial results. The company reported a year-over-year decrease in its gross margin results.

What are the most undervalued communication equipment stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued communication equipment stocks right now are:

1. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) is the most undervalued communication equipment stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Aviat Networks has a valuation score of 57, which is 34 points higher than the communication equipment industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -17.8% in the past year. It has underperformed other stocks in the communication equipment industry by -36 percentage points.

2. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) is the second most undervalued communication equipment stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Audiocodes has a valuation score of 43, which is 20 points higher than the communication equipment industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -13.2% in the past year. It has underperformed other stocks in the communication equipment industry by -31 percentage points.

3. Belden (NYSE:BDC)

Belden (NYSE:BDC) is the third most undervalued communication equipment stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Belden has a valuation score of 43, which is 20 points higher than the communication equipment industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has dropped -10.69% in the past year. It has underperformed other stocks in the communication equipment industry by -29 percentage points.

Are communication equipment stocks a good buy now?

56.25% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 43.33% over the next year.

16.28% of communication equipment stocks have a Zen Rating of A (Strong Buy), 25.58% of communication equipment stocks are rated B (Buy), 37.21% are rated C (Hold), 13.95% are rated D (Sell), and 6.98% are rated F (Strong Sell).

What is the average p/e ratio of the communication equipment industry?

The average P/E ratio of the communication equipment industry is 19.74x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.