WallStreetZenWallStreetZen

Sectors & IndustriesTechnologyCommunication 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 +32.52% per year, and are the best communication equipment stocks to buy now. Learn More.

Industry: Communication Equipment
Overview
Zen RatingPriceValueGrowthFinancialsMomentumSentimentForecastDividendsDue Diligence
B
Communication Equipment is Zen Rated B and is the 37th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Exchange
Industry
Zen Rating
Market Cap
Price
1d %
EBITDA
P/E
D/E
Country
DD Score
KN
KNOWLES CORP
NYSE
Communication Equipment
$2.85B$33.284.23%$112.10M52.00x0.35
United States
DGII
DIGI INTERNATIONAL INC
NASDAQ
Communication Equipment
$2.20B$58.442.67%$95.35M51.72x0.42
United States
LTRX
LANTRONIX INC
NASDAQ
Communication Equipment
$273.87M$6.902.37%-$4.74M-30.00x0.64
United States
BKTI
BK TECHNOLOGIES CORP
NYSEMKT
Communication Equipment
$354.44M$93.630.05%$17.63M25.37x0.43
United States
ITRN
ITURAN LOCATION & CONTROL LTD
NASDAQ
Communication Equipment
$1.17B$58.830.72%$93.89M20.15x0.74
Israel
ADTN
ADTRAN HOLDINGS INC
NASDAQ
Communication Equipment
$1.24B$15.30-16.58%$86.29M-39.23x4.93
United States
EXTR
EXTREME NETWORKS INC
NASDAQ
Communication Equipment
$3.10B$23.713.81%$75.38M197.58x13.82
United States
CIEN
CIENA CORP
NYSE
Communication Equipment
$77.03B$544.751.16%$507.26M338.35x1.11
United States
VIAV
VIAVI SOLUTIONS INC
NASDAQ
Communication Equipment
$12.62B$53.972.82%$67.40M-224.88x1.99
United States
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
NASDAQ
Communication Equipment
$35.70B$193.577.50%$371.50M100.82x0.10
Cayman Islands
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
NASDAQ
Communication Equipment
$32.50M$4.61-1.50%$3.39M7.81x0.56
Israel
PI
IMPINJ INC
NASDAQ
Communication Equipment
$4.57B$149.914.70%-$8.12M-164.74x1.46
United States
BDC
BELDEN INC
NYSE
Communication Equipment
$4.36B$112.010.03%$449.37M18.64x1.70
United States
AUDC
AUDIOCODES LTD
NASDAQ
Communication Equipment
$230.53M$8.51-16.07%$18.27M27.45x0.89
Israel
HPE
HEWLETT PACKARD ENTERPRISE CO
NYSE
Communication Equipment
$39.86B$30.044.63%$2.69B-176.71x2.06
United States
NOK
NOKIA CORP
NYSE
Communication Equipment
$77.06B$13.422.13%$1.38B95.18x0.79
Finland
UI
UBIQUITI INC
NYSE
Communication Equipment
$61.42B$1,014.901.08%$1.06B69.09x0.58
United States
MSI
MOTOROLA SOLUTIONS INC
NYSE
Communication Equipment
$72.56B$438.000.09%$3.53B33.87x7.04
United States
CRNT
CERAGON NETWORKS LTD
NASDAQ
Communication Equipment
$245.73M$2.789.88%$21.57M-139.00x0.84
Israel
HLIT
HARMONIC INC
NASDAQ
Communication Equipment
$1.31B$11.890.76%-$20.78M-31.29x0.88
United States
KVHI
KVH INDUSTRIES INC
NASDAQ
Communication Equipment
$183.69M$9.43-1.26%$3.18M-24.82x0.16
United States
OCC
OPTICAL CABLE CORP
NASDAQ
Communication Equipment
$87.70M$9.93-8.56%$993.14k-110.33x0.97
United States
SILC
SILICOM LTD
NASDAQ
Communication Equipment
$264.08M$46.2811.68%N/A-23.97x0.37
Israel
VISN
VISTANCE NETWORKS INC
NASDAQ
Communication Equipment
$2.77B$12.28-0.65%$6.95B0.40x0.19
United States
CSCO
CISCO SYSTEMS INC
NASDAQ
Communication Equipment
$372.47B$94.301.80%$17.00B33.80x1.59
United States
GILT
GILAT SATELLITE NETWORKS LTD
NASDAQ
Communication Equipment
$1.48B$20.079.43%$47.09M57.34x0.49
United States
ERIC
ERICSSON LM TELEPHONE CO
NASDAQ
Communication Equipment
$40.22B$11.932.58%$4.39B13.08x1.55
Sweden
INSG
INSEEGO CORP
NASDAQ
Communication Equipment
$292.75M$18.05-7.91%$14.09M-100.28x-24.20
United States
LITE
LUMENTUM HOLDINGS INC
NASDAQ
Communication Equipment
$71.01B$994.561.88%$322.20M274.74x4.68
United States
CLFD
CLEARFIELD INC
NASDAQ
Communication Equipment
$407.96M$29.811.50%$1.82M-60.84x0.07
United States
VSAT
VIASAT INC
NASDAQ
Communication Equipment
$8.91B$65.572.74%$1.47B-25.12x2.25
United States
AMPG
AMPLITECH GROUP INC
NASDAQ
Communication Equipment
$57.50M$2.273.18%-$5.34M-6.88x0.57
United States
ZBRA
ZEBRA TECHNOLOGIES CORP
NASDAQ
Communication Equipment
$11.23B$228.392.08%$853.00M27.72x1.37
United States
AIRG
AIRGAIN INC
NASDAQ
Communication Equipment
$87.16M$7.13-0.14%-$2.66M-13.20x0.60
United States
AVNW
AVIAT NETWORKS INC
NASDAQ
Communication Equipment
$195.26M$15.09-33.35%$33.50M21.56x1.27
United States
NTGR
NETGEAR INC
NASDAQ
Communication Equipment
$687.64M$25.623.68%-$14.22M-28.79x0.70
United States
MOB
MOBILICOM LTD
NASDAQ
Communication Equipment
$81.71M$6.69-1.33%-$16.87M-3.52x1.35
Australia
CMTL
COMTECH TELECOMMUNICATIONS CORP
NASDAQ
Communication Equipment
$110.11M$3.711.64%$81.61M-1.66x6.68
United States
AIOT
POWERFLEET INC
NASDAQ
Communication Equipment
$446.71M$3.331.52%$66.01M-13.88x0.98
United States
BOXL
BOXLIGHT CORP
NASDAQ
Communication Equipment
$3.67M$1.081.89%-$4.42M-0.03x76.72
United States
AAOI
APPLIED OPTOELECTRONICS INC
NASDAQ
Communication Equipment
$13.58B$180.574.39%-$15.51M-282.14x0.59
United States
SATS
ECHOSTAR CORP
NASDAQ
Communication Equipment
$33.90B$117.34-2.49%-$15.78B-2.33x6.45
United States
ONDS
ONDAS INC
NASDAQ
Communication Equipment
$4.36B$9.33-4.11%-$122.12M-15.05x1.51
United States
FEIM
FREQUENCY ELECTRONICS INC
NASDAQ
Communication Equipment
$553.31M$56.226.20%$9.07M77.01x0.56
United States
ASTS
AST SPACEMOBILE INC
NASDAQ
Communication Equipment
$24.40B$63.87-6.66%-$250.86M-47.66x1.42
United States
TSAT
TELESAT CORP
NASDAQ
Communication Equipment
$709.38M$47.79-1.71%$105.76M-6.13x9.11
Canada
FIEE
FIEE INC
NASDAQ
Communication Equipment
$57.30M$6.88-0.86%$3.18M29.91x0.33
United States
UTSI
UTSTARCOM HOLDINGS CORP
NASDAQ
Communication Equipment
$22.95M$2.503.65%-$5.05M-2.87x0.53
Hong Kong
SYNX
SILYNXCOM LTD
NYSEMKT
Communication Equipment
$8.16M$1.23-3.91%-$2.75M-2.54x0.62
Israel
SONM
DNA X INC
NASDAQ
Communication Equipment
$7.29M$4.900.41%-$14.87M-0.17x-6.36
United States
MITQ
MOVING IMAGE TECHNOLOGIES INC
NYSEMKT
Communication Equipment
$5.88M$0.59-0.34%$29.00k-19.70x0.89
United States
FKWL
FRANKLIN WIRELESS CORP
NASDAQ
Communication Equipment
$42.54M$3.61-0.28%$868.39k180.50x0.42
United States
CHAI
CORE AI HOLDINGS INC
NASDAQ
Communication Equipment
$4.56M$1.517.86%-$12.18M0.00x0.31
Canada
CLRO
CLEARONE INC
NASDAQ
Communication Equipment
$9.47M$3.548.26%-$25.72M-0.24x-4.22
United States
1

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in May 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. Knowles (NYSE:KN)


Knowles (NYSE:KN) is the #1 top communication equipment stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Knowles (NYSE:KN) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.

Knowles (NYSE:KN) has a Due Diligence Score of 45, which is 14 points higher than the communication equipment industry average of 31.

KN passed 14 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 103.92% over the past year, underperforming other communication equipment stocks by -50 percentage points.

Knowles has an average 1 year price target of $39.00, an upside of 17.19% from Knowles's current stock price of $33.28.

Knowles stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Knowles, 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. Digi International (NASDAQ:DGII)


Digi International (NASDAQ:DGII) is the #2 top communication equipment stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

Digi International (NASDAQ:DGII) has a Due Diligence Score of 44, which is 13 points higher than the communication equipment industry average of 31.

DGII passed 14 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 108.49% over the past year, underperforming other communication equipment stocks by -45 percentage points.

Digi International has an average 1 year price target of $48.80, a downside of -16.5% from Digi International's current stock price of $58.44.

Digi International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Digi International, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Lantronix (NASDAQ:LTRX)


Lantronix (NASDAQ:LTRX) is the #3 top communication equipment stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

Lantronix (NASDAQ:LTRX) has a Due Diligence Score of 20, which is -11 points lower than the communication equipment industry average of 31. Although this number is below the industry average, our proven quant model rates LTRX as a "A".

LTRX passed 6 out of 33 due diligence checks and has weak fundamentals. Lantronix has seen its stock return 212.22% over the past year, overperforming other communication equipment stocks by 58 percentage points.

Lantronix has an average 1 year price target of $8.25, an upside of 19.57% from Lantronix's current stock price of $6.90.

Lantronix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Lantronix, 50% have issued a Strong Buy rating, 50% 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. Vistance Networks (NASDAQ:VISN)


Vistance Networks (NASDAQ:VISN) has an annual dividend yield of 162.87%, which is 146 percentage points higher than the communication equipment industry average of 16.55%.

Vistance Networks's dividend payout ratio of 64.5% 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 5.1%, which is -11 percentage points lower than the communication equipment industry average of 16.55%. Ituran Location & Control's dividend payout is not stable, having dropped more than 10% two 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 102.7% 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 4.7%, which is -12 percentage points lower than the communication equipment industry average of 16.55%. 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 129% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 1.38% in the last day, and up 11.08% over the last week. Silicom was the among the top gainers in the communication equipment industry, gaining 11.68% yesterday.

Silicom shares are trading higher after the company announced that one of the AI infrastructure challengers has selected its high-performance, inference-specific solution for deployment as part of its Proof of Concept efforts targeting mainly Tier-1 hyperscalers.

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 71, which is 51 points higher than the communication equipment industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -20.56% in the past year. It has underperformed other stocks in the communication equipment industry by -174 percentage points.

2. Audiocodes (NASDAQ:AUDC)


Audiocodes (NASDAQ:AUDC) is the second 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.

Audiocodes has a valuation score of 71, which is 51 points higher than the communication equipment industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -8.3% in the past year. It has underperformed other stocks in the communication equipment industry by -162 percentage points.

3. Belden (NYSE:BDC)


Belden (NYSE:BDC) is the third 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.

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

Belden's stock has gained 7.14% in the past year. It has underperformed other stocks in the communication equipment industry by -147 percentage points.

Are communication equipment stocks a good buy now?

64.86% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to fall by -9.88% over the next year.

15.22% of communication equipment stocks have a Zen Rating of A (Strong Buy), 15.22% of communication equipment stocks are rated B (Buy), 52.17% are rated C (Hold), 13.04% are rated D (Sell), and 4.35% 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 62.36x.
©2026 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.