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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 +28.50% 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 42nd 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
DGII
DIGI INTERNATIONAL INC
NASDAQ
Communication Equipment
$3.23B$85.12-0.02%$112.82M65.98x0.41
United States
ITRN
ITURAN LOCATION & CONTROL LTD
NASDAQ
Communication Equipment
$1.06B$53.39-0.56%$102.80M16.48x0.84
Israel
BDC
BELDEN INC
NYSE
Communication Equipment
$5.31B$135.90-0.92%$473.33M21.81x1.58
United States
AUDC
AUDIOCODES LTD
NASDAQ
Communication Equipment
$255.01M$10.370.97%$18.89M39.88x1.12
Israel
EXTR
EXTREME NETWORKS INC
NASDAQ
Communication Equipment
$3.19B$24.411.50%$75.38M203.42x13.82
United States
HPE
HEWLETT PACKARD ENTERPRISE CO
NYSE
Communication Equipment
$77.74B$58.71-1.86%$4.85B53.37x2.14
United States
VIAV
VIAVI SOLUTIONS INC
NASDAQ
Communication Equipment
$10.74B$43.541.28%$104.90M-334.92x0.87
United States
CRNT
CERAGON NETWORKS LTD
NASDAQ
Communication Equipment
$200.82M$2.200.92%$22.71M-55.00x0.82
Israel
ZBRA
ZEBRA TECHNOLOGIES CORP
NASDAQ
Communication Equipment
$17.79B$376.03-0.95%$1.06B34.12x1.51
United States
KN
KNOWLES CORP
NYSE
Communication Equipment
$3.29B$38.511.88%$124.20M49.37x0.35
United States
HLIT
HARMONIC INC
NASDAQ
Communication Equipment
$1.51B$13.926.42%-$8.20M-37.62x0.99
United States
CIEN
CIENA CORP
NYSE
Communication Equipment
$60.69B$428.77-3.17%$729.87M138.76x1.09
United States
PI
IMPINJ INC
NASDAQ
Communication Equipment
$5.28B$172.65-3.44%-$8.10M-189.73x1.31
United States
CSCO
CISCO SYSTEMS INC
NASDAQ
Communication Equipment
$440.18B$111.68-1.58%$18.08B37.10x1.57
United States
BKTI
BK TECHNOLOGIES CORP
NYSEMKT
Communication Equipment
$278.93M$74.00-3.01%$18.90M20.33x0.42
United States
LTRX
LANTRONIX INC
NASDAQ
Communication Equipment
$257.62M$6.476.24%-$3.06M-40.44x0.61
United States
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
NASDAQ
Communication Equipment
$48.47B$259.90-2.29%$510.47M98.08x0.11
Cayman Islands
AIRG
AIRGAIN INC
NASDAQ
Communication Equipment
$72.18M$5.516.58%-$4.41M-9.84x0.60
United States
OCC
OPTICAL CABLE CORP
NASDAQ
Communication Equipment
$157.12M$17.807.04%$2.70M148.33x1.33
United States
MSI
MOTOROLA SOLUTIONS INC
NYSE
Communication Equipment
$77.20B$466.510.32%$3.71B36.30x6.20
United States
SILC
SILICOM LTD
NASDAQ
Communication Equipment
$282.79M$49.5010.27%N/A-28.93x0.42
Israel
CLFD
CLEARFIELD INC
NASDAQ
Communication Equipment
$391.08M$28.790.17%-$684.00k-56.45x0.09
United States
LITE
LUMENTUM HOLDINGS INC
NASDAQ
Communication Equipment
$72.05B$926.145.19%$552.20M148.18x1.36
United States
ERIC
ERICSSON LM TELEPHONE CO
NASDAQ
Communication Equipment
$34.62B$10.270.00%$4.39B11.26x1.55
Sweden
ADTN
ADTRAN HOLDINGS INC
NASDAQ
Communication Equipment
$684.44M$8.404.09%$97.52M-30.00x5.11
United States
NOK
NOKIA CORP
NYSE
Communication Equipment
$61.79B$10.761.89%$1.38B76.31x0.79
Finland
UI
UBIQUITI INC
NYSE
Communication Equipment
$34.67B$572.80-1.75%$1.13B36.77x0.43
United States
GILT
GILAT SATELLITE NETWORKS LTD
NASDAQ
Communication Equipment
$886.35M$11.510.09%$53.71M25.02x0.40
United States
MOB
MOBILICOM LTD
NASDAQ
Communication Equipment
$74.51M$6.106.09%-$16.87M-3.21x1.35
Australia
AVNW
AVIAT NETWORKS INC
NASDAQ
Communication Equipment
$286.61M$22.151.51%$33.50M31.64x1.27
United States
AAOI
APPLIED OPTOELECTRONICS INC
NASDAQ
Communication Equipment
$12.71B$150.2815.53%-$24.32M-200.37x0.38
United States
NTGR
NETGEAR INC
NASDAQ
Communication Equipment
$656.37M$24.151.39%-$13.41M-25.69x0.73
United States
AMPG
AMPLITECH GROUP INC
NASDAQ
Communication Equipment
$101.23M$4.00-33.31%-$4.59M-13.32x0.24
United States
VISN
VISTANCE NETWORKS INC
NASDAQ
Communication Equipment
$2.66B$11.531.59%$6.94B0.36x0.40
United States
FEIM
FREQUENCY ELECTRONICS INC
NASDAQ
Communication Equipment
$777.07M$78.730.83%$1.53M-874.78x0.61
United States
AIOT
POWERFLEET INC
NASDAQ
Communication Equipment
$417.44M$3.11-0.96%$83.41M-22.21x0.98
United States
CMTL
COMTECH TELECOMMUNICATIONS CORP
NASDAQ
Communication Equipment
$52.73M$1.760.00%$50.92M-0.80x8.20
United States
VSAT
VIASAT INC
NASDAQ
Communication Equipment
$11.42B$82.87-0.04%$1.77B-394.62x2.24
United States
INSG
INSEEGO CORP
NASDAQ
Communication Equipment
$77.01M$4.69-0.85%$2.60M33.50x-3.96
United States
TSAT
TELESAT CORP
NASDAQ
Communication Equipment
$770.71M$50.64-3.76%-$74.86M-2.85x14.81
Canada
ASTS
AST SPACEMOBILE INC
NASDAQ
Communication Equipment
$27.62B$70.98-0.76%-$470.75M-33.32x1.83
United States
ONDS
ONDAS INC
NASDAQ
Communication Equipment
$5.27B$9.243.70%$166.11M-231.00x0.90
United States
FIEE
FIEE INC
NASDAQ
Communication Equipment
$41.64M$5.001.63%$3.18M21.74x0.33
United States
SONM
DNA X INC
NASDAQ
Communication Equipment
$5.19M$3.492.83%-$10.14M-0.15x-5.01
United States
CLRO
CLEARONE INC
NASDAQ
Communication Equipment
$13.97M$5.22-7.94%-$23.40M-0.40x2.79
United States
SYNX
SILYNXCOM LTD
NYSEMKT
Communication Equipment
$7.10M$1.070.94%-$2.75M-2.21x0.62
Israel
UTSI
UTSTARCOM HOLDINGS CORP
NASDAQ
Communication Equipment
$22.69M$2.472.49%-$5.05M-2.84x0.53
Hong Kong
MITQ
MOVING IMAGE TECHNOLOGIES INC
NYSEMKT
Communication Equipment
$5.47M$0.55-1.61%$140.00k-27.50x0.81
United States
FKWL
FRANKLIN WIRELESS CORP
NASDAQ
Communication Equipment
$28.64M$2.431.67%-$266.17k-40.50x0.42
United States
CHAI
CORE AI HOLDINGS INC
NASDAQ
Communication Equipment
$5.88M$0.301.37%-$23.04M0.27x-15.65
Canada
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
NASDAQ
Communication Equipment
$32.08M$4.561.11%N/A9.50x0.51
Israel
BOXL
BOXLIGHT CORP
NASDAQ
Communication Equipment
$4.64M$6.952.21%-$9.06M-0.03x-46.09
United States
1

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Aug 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. Digi International (NASDAQ:DGII)


Digi International (NASDAQ:DGII) is the #1 top communication equipment stock out of 52 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: A, Sentiment: A, Safety: B, Financials: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 33, which is 2 points higher than the communication equipment industry average of 31.

DGII passed 11 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 159.04% over the past year, overperforming other communication equipment stocks by 81 percentage points.

Digi International has an average 1 year price target of $82.33, a downside of -3.27% from Digi International's current stock price of $85.12.

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.

2. Ituran Location & Control (NASDAQ:ITRN)


Ituran Location & Control (NASDAQ:ITRN) is the #2 top communication equipment stock out of 52 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 Ituran Location & Control (NASDAQ:ITRN) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: A.

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 54, which is 23 points higher than the communication equipment industry average of 31.

ITRN passed 20 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 29.49% over the past year, underperforming other communication equipment stocks by -48 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, an upside of 13.63% from Ituran Location & Control's current stock price of $53.39.

Ituran Location & Control stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Ituran Location & Control, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Belden (NYSE:BDC)


Belden (NYSE:BDC) is the #3 top communication equipment stock out of 52 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 Belden (NYSE:BDC) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.

Belden (NYSE:BDC) has a Due Diligence Score of 32, which is 1 points higher than the communication equipment industry average of 31.

BDC passed 12 out of 38 due diligence checks and has average fundamentals. Belden has seen its stock return 8.21% over the past year, underperforming other communication equipment stocks by -69 percentage points.

Belden has an average 1 year price target of $150.00, an upside of 10.38% from Belden's current stock price of $135.90.

Belden stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Belden, 100% have issued a Strong Buy rating, 0% 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 86.73%, which is 77 percentage points higher than the communication equipment industry average of 9.44%.

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 5.62%, which is -4 percentage points lower than the communication equipment industry average of 9.44%. 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. Ericsson LM Telephone Co (NASDAQ:ERIC)


Ericsson LM Telephone Co (NASDAQ:ERIC) has an annual dividend yield of 3.06%, which is -6 percentage points lower than the communication equipment industry average of 9.44%. Ericsson LM Telephone Co's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Ericsson LM Telephone Co's dividend has shown consistent growth over the last 10 years.

Ericsson LM Telephone Co's dividend payout ratio of 30.7% indicates that its dividend yield is sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 0.61% in the last day, and up 1.95% over the last week. Ondas was the among the top gainers in the communication equipment industry, gaining 3.7% yesterday.

Shares of drone-related companies are trading higher after President Trump announced tariffs on drone imports to curb American reliance on foreign production. The proclamation included a provision saying it is "necessary and appropriate to establish an incentive program for companies investing in new U.S. production capacity for UAS and UAS components."

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. Audiocodes (NASDAQ:AUDC)


Audiocodes (NASDAQ:AUDC) 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.

Audiocodes has a valuation score of 43, which is 25 points higher than the communication equipment industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 8.13% in the past year. It has underperformed other stocks in the communication equipment industry by -69 percentage points.

2. Belden (NYSE:BDC)


Belden (NYSE:BDC) 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.

Belden has a valuation score of 29, which is 11 points higher than the communication equipment industry average of 18. It passed 2 out of 7 valuation due diligence checks.

Belden's stock has gained 8.21% in the past year. It has underperformed other stocks in the communication equipment industry by -69 percentage points.

3. Ericsson LM Telephone Co (NASDAQ:ERIC)


Ericsson LM Telephone Co (NASDAQ:ERIC) 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.

Ericsson LM Telephone Co has a valuation score of 71, which is 53 points higher than the communication equipment industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 34.95% in the past year. It has underperformed other stocks in the communication equipment industry by -43 percentage points.

Are communication equipment stocks a good buy now?

52.94% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 18.31% over the next year.

16.67% of communication equipment stocks have a Zen Rating of A (Strong Buy), 16.67% of communication equipment stocks are rated B (Buy), 47.62% are rated C (Hold), 9.52% are rated D (Sell), and 9.52% 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 39.72x.
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