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 45th ranked industry out of 145 stock market industries

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E	Country
CRNT	CERAGON NETWORKS LTD	NASDAQ	Communication Equipment	$219.44M	$2.39	0.42%	$24.85M	-239.00x	0.86	Israel
HPE	HEWLETT PACKARD ENTERPRISE CO	NYSE	Communication Equipment	$64.10B	$48.29	-3.73%	$6.59B	23.91x	2.15	United States
EXTR	EXTREME NETWORKS INC	NASDAQ	Communication Equipment	$3.51B	$26.75	-1.58%	$113.97M	66.88x	13.80	United States
VIAV	VIAVI SOLUTIONS INC	NASDAQ	Communication Equipment	$7.55B	$30.72	-5.59%	$194.00M	109.71x	0.96	United States
ITRN	ITURAN LOCATION & CONTROL LTD	NASDAQ	Communication Equipment	$953.65M	$48.23	-1.81%	$102.80M	14.89x	0.84	Israel
OCC	OPTICAL CABLE CORP	NASDAQ	Communication Equipment	$92.58M	$10.47	-4.90%	$4.26M	36.10x	1.40	United States
DGII	DIGI INTERNATIONAL INC	NASDAQ	Communication Equipment	$2.10B	$55.43	-5.15%	$112.82M	42.97x	0.41	United States
AUDC	AUDIOCODES LTD	NASDAQ	Communication Equipment	$217.13M	$9.07	-0.33%	$18.19M	29.26x	1.29	Israel
HLIT	HARMONIC INC	NASDAQ	Communication Equipment	$1.11B	$10.34	-1.24%	$3.73M	-33.35x	0.57	United States
KN	KNOWLES CORP	NYSE	Communication Equipment	$2.80B	$33.00	-2.91%	$130.90M	39.76x	0.35	United States
PI	IMPINJ INC	NASDAQ	Communication Equipment	$5.20B	$168.54	-3.87%	$8.94M	-526.69x	0.81	United States
ZBRA	ZEBRA TECHNOLOGIES CORP	NASDAQ	Communication Equipment	$15.26B	$324.00	1.94%	$1.12B	25.90x	1.47	United States
CSCO	CISCO SYSTEMS INC	NASDAQ	Communication Equipment	$377.07B	$95.64	-6.24%	$20.02B	28.46x	1.58	United States
CIEN	CIENA CORP	NYSE	Communication Equipment	$39.78B	$280.54	-4.57%	$970.71M	60.72x	1.62	United States
UI	UBIQUITI INC	NYSE	Communication Equipment	$40.51B	$669.76	-1.97%	$1.33B	37.78x	0.49	United States
ERIC	ERICSSON LM TELEPHONE CO	NASDAQ	Communication Equipment	$35.60B	$10.56	-0.47%	$4.39B	11.58x	1.55	Sweden
LTRX	LANTRONIX INC	NASDAQ	Communication Equipment	$203.27M	$4.33	-3.35%	-$421.00k	-61.86x	0.45	United States
FEIM	FREQUENCY ELECTRONICS INC	NASDAQ	Communication Equipment	$718.90M	$63.77	-5.17%	$6.21M	255.08x	0.28	United States
BKTI	BK TECHNOLOGIES CORP	NYSEMKT	Communication Equipment	$231.91M	$61.48	-8.07%	$19.06M	16.62x	0.43	United States
MSI	MOTOROLA SOLUTIONS INC	NYSE	Communication Equipment	$87.83B	$531.20	0.15%	$3.72B	42.26x	5.88	United States
BDC	BELDEN INC	NYSE	Communication Equipment	$3.98B	$101.88	-0.32%	$458.61M	22.59x	3.29	United States
SILC	SILICOM LTD	NASDAQ	Communication Equipment	$166.81M	$28.84	-8.30%	N/A	-22.51x	0.34	Israel
AIRG	AIRGAIN INC	NASDAQ	Communication Equipment	$52.46M	$3.97	7.01%	-$4.67M	-7.63x	0.56	United States
NOK	NOKIA CORP	NYSE	Communication Equipment	$46.34B	$8.07	-2.54%	$1.38B	57.23x	0.79	Finland
CLFD	CLEARFIELD INC	NASDAQ	Communication Equipment	$403.04M	$29.67	-5.12%	-$684.00k	-58.18x	0.09	United States
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	NASDAQ	Communication Equipment	$24.72B	$131.51	-5.94%	$589.37M	44.43x	0.10	Cayman Islands
ADTN	ADTRAN HOLDINGS INC	NASDAQ	Communication Equipment	$393.62M	$4.83	-0.62%	$102.55M	-18.58x	5.99	United States
NTGR	NETGEAR INC	NASDAQ	Communication Equipment	$512.20M	$19.51	-2.89%	-$19.89M	-15.99x	0.72	United States
AVNW	AVIAT NETWORKS INC	NASDAQ	Communication Equipment	$224.05M	$17.35	2.66%	$24.27M	-433.75x	1.10	United States
AAOI	APPLIED OPTOELECTRONICS INC	NASDAQ	Communication Equipment	$4.53B	$49.89	-5.60%	$9.95M	-124.73x	0.40	United States
GILT	GILAT SATELLITE NETWORKS LTD	NASDAQ	Communication Equipment	$430.76M	$5.59	-2.44%	N/A	N/A	0.55	United States
VISN	VISTANCE NETWORKS INC	NASDAQ	Communication Equipment	$863.20M	$4.24	6.00%	$7.59B	0.12x	0.26	United States
CMTL	COMTECH TELECOMMUNICATIONS CORP	NASDAQ	Communication Equipment	$36.16M	$1.20	-0.83%	$10.56M	-0.52x	11.18	United States
VSAT	VIASAT INC	NASDAQ	Communication Equipment	$9.43B	$67.72	-4.94%	$1.75B	-98.14x	2.32	United States
AMPG	AMPLITECH GROUP INC	NASDAQ	Communication Equipment	$68.14M	$2.25	-4.26%	-$7.21M	-5.77x	0.16	United States
AIOT	POWERFLEET INC	NASDAQ	Communication Equipment	$327.94M	$2.43	-1.62%	$82.11M	-15.19x	1.01	United States
MOB	MOBILICOM LTD	NASDAQ	Communication Equipment	$25.61M	$1.99	-14.22%	N/A	N/A	0.63	Australia
INSG	INSEEGO CORP	NASDAQ	Communication Equipment	$74.50M	$4.03	-9.23%	-$6.59M	-10.61x	-3.59	United States
TSAT	TELESAT CORP	NASDAQ	Communication Equipment	$693.63M	$45.29	-0.22%	-$77.33M	-2.48x	19.08	Canada
ONDS	ONDAS INC	NASDAQ	Communication Equipment	$3.05B	$5.16	-3.01%	$156.70M	-46.91x	0.70	United States
CLRO	CLEARONE INC	NASDAQ	Communication Equipment	$9.02M	$3.37	-3.16%	-$6.90M	-1.06x	-1.57	United States
ASTS	AST SPACEMOBILE INC	NASDAQ	Communication Equipment	$12.72B	$32.60	-5.51%	-$449.25M	-15.38x	2.67	United States
FIEE	FIEE INC	NASDAQ	Communication Equipment	$22.43M	$2.63	-6.07%	$6.79M	4.87x	0.34	United States
MITQ	MOVING IMAGE TECHNOLOGIES INC	NYSEMKT	Communication Equipment	$5.63M	$0.57	12.97%	$6.00k	-18.87x	0.84	United States
NUR	NURAN WIRELESS INC	NASDAQ	Communication Equipment	$5.29M	$0.40	2.54%	N/A	N/A	121.14
LITE	LUMENTUM HOLDINGS INC	NASDAQ	Communication Equipment	$54.11B	$596.62	-4.49%	-$6.51B	-6.69x	0.59	United States
SONM	DNA X INC	NASDAQ	Communication Equipment	$3.23M	$2.17	-8.82%	-$4.96M	-0.21x	-4.67	United States
SYNX	SILYNXCOM LTD	NYSEMKT	Communication Equipment	$5.09M	$0.77	-7.03%	-$1.79M	-2.38x	0.67	Israel
UTSI	UTSTARCOM HOLDINGS CORP	NASDAQ	Communication Equipment	$17.76M	$1.93	0.00%	-$6.57M	-1.91x	0.55	Hong Kong
FKWL	FRANKLIN WIRELESS CORP	NASDAQ	Communication Equipment	$23.22M	$1.97	-1.99%	-$4.27M	-4.93x	0.54	United States
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	NASDAQ	Communication Equipment	$28.34M	$4.02	0.25%	$3.91M	7.44x	0.54	Israel
CHAI	CORE AI HOLDINGS INC	NASDAQ	Communication Equipment	$4.37M	$0.18	-4.32%	-$22.79M	0.06x	9.40	Canada
BOXL	BOXLIGHT CORP	NASDAQ	Communication Equipment	$1.24M	$1.86	-2.62%	-$5.89M	-0.01x	-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. Ceragon Networks (NASDAQ:CRNT)

Ceragon Networks (NASDAQ:CRNT) 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 Ceragon Networks (NASDAQ:CRNT) is: Value: B, Growth: A, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.

Ceragon Networks (NASDAQ:CRNT) has a Due Diligence Score of 20, which is -13 points lower than the communication equipment industry average of 33. Although this number is below the industry average, our proven quant model rates CRNT as a "A".

CRNT passed 6 out of 33 due diligence checks and has weak fundamentals. Ceragon Networks has seen its stock return 12.74% over the past year, underperforming other communication equipment stocks by -20 percentage points.

Ceragon Networks has an average 1 year price target of $3.50, an upside of 46.44% from Ceragon Networks's current stock price of $2.39.

Ceragon Networks stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Ceragon Networks, 0% have issued a Strong Buy rating, 100% 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 110.6% over the past year, overperforming other communication equipment stocks by 78 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $70.90, an upside of 46.81% from Hewlett Packard Enterprise Co's current stock price of $48.29.

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. Extreme Networks (NASDAQ:EXTR)

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

Extreme Networks (NASDAQ:EXTR) has a Due Diligence Score of 42, which is 9 points higher than the communication equipment industry average of 33.

EXTR passed 14 out of 33 due diligence checks and has strong fundamentals. Extreme Networks has seen its stock return 51.56% over the past year, overperforming other communication equipment stocks by 19 percentage points.

Extreme Networks has an average 1 year price target of $34.80, an upside of 30.09% from Extreme Networks's current stock price of $26.75.

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.

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. Franklin Wireless (NASDAQ:FKWL)

Franklin Wireless (NASDAQ:FKWL) has an annual dividend yield of N/A, which is N/A percentage points lower than the communication equipment industry average of 17.28%.

Franklin Wireless's dividend payout ratio of -10% indicates that its dividend yield might not be sustainable for the long-term.

2. Vistance Networks (NASDAQ:VISN)

Vistance Networks (NASDAQ:VISN) has an annual dividend yield of 153.3%, which is 136 percentage points higher than the communication equipment industry average of 17.28%.

Vistance Networks's dividend payout ratio of 41.2% indicates that its high dividend yield is sustainable for the long-term.

3. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) has an annual dividend yield of 6.22%, which is -11 percentage points lower than the communication equipment industry average of 17.28%. 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.

Why are communication equipment stocks down?

Communication equipment stocks were down -2.73% in the last day, and up 6.14% over the last week. Mobilicom was the among the top losers in the communication equipment industry, dropping -14.22% yesterday.

Shares of companies within the broader tech sector are trading lower due to concerns over the AI outlook from Nvidia’s management changes and Cicso’s Q1 financial results. Rising bond yields and Fed rate expectations represent a funding risk in the sector.

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 A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Aviat Networks has a valuation score of 43, which is 22 points higher than the communication equipment industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -21.21% in the past year. It has underperformed other stocks in the communication equipment industry by -54 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 22 points higher than the communication equipment industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -3.3% in the past year. It has underperformed other stocks in the communication equipment industry by -36 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 57, which is 36 points higher than the communication equipment industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Belden's stock has dropped -9.04% in the past year. It has underperformed other stocks in the communication equipment industry by -42 percentage points.

Are communication equipment stocks a good buy now?

54.55% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 42.48% over the next year.

19.05% of communication equipment stocks have a Zen Rating of A (Strong Buy), 19.05% of communication equipment stocks are rated B (Buy), 40.48% are rated C (Hold), 16.67% are rated D (Sell), and 4.76% 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 24.6x.

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.