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 +32.52% 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 31st ranked industry out of 146 stock market industries

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E	Country
KN	KNOWLES CORP	NYSE	Communication Equipment	$3.01B	$35.23	4.06%	$112.10M	55.05x	0.35	United States
DGII	DIGI INTERNATIONAL INC	NASDAQ	Communication Equipment	$2.41B	$64.05	3.29%	$101.65M	55.70x	0.46	United States
EXTR	EXTREME NETWORKS INC	NASDAQ	Communication Equipment	$3.13B	$23.90	7.11%	$75.38M	199.17x	13.82	United States
CRNT	CERAGON NETWORKS LTD	NASDAQ	Communication Equipment	$229.49M	$2.53	5.14%	$24.85M	-84.33x	0.79	Israel
AUDC	AUDIOCODES LTD	NASDAQ	Communication Equipment	$222.46M	$8.74	4.35%	$18.12M	34.96x	0.98	Israel
HLIT	HARMONIC INC	NASDAQ	Communication Equipment	$1.38B	$12.70	19.69%	-$8.20M	-34.32x	0.99	United States
ITRN	ITURAN LOCATION & CONTROL LTD	NASDAQ	Communication Equipment	$1.15B	$58.27	3.16%	$93.89M	19.96x	0.74	Israel
ADTN	ADTRAN HOLDINGS INC	NASDAQ	Communication Equipment	$1.20B	$14.83	5.66%	$86.29M	-38.03x	4.93	United States
BKTI	BK TECHNOLOGIES CORP	NYSEMKT	Communication Equipment	$312.00M	$83.33	-0.53%	$18.56M	21.76x	0.44	United States
ZBRA	ZEBRA TECHNOLOGIES CORP	NASDAQ	Communication Equipment	$11.54B	$242.26	5.49%	$884.00M	29.08x	1.40	United States
VIAV	VIAVI SOLUTIONS INC	NASDAQ	Communication Equipment	$11.46B	$48.98	1.08%	$67.40M	-204.08x	1.99	United States
LTRX	LANTRONIX INC	NASDAQ	Communication Equipment	$256.42M	$6.44	9.94%	-$3.06M	-40.25x	0.61	United States
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	NASDAQ	Communication Equipment	$31.51M	$4.47	1.12%	$3.39M	7.58x	0.56	Israel
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	NASDAQ	Communication Equipment	$35.67B	$193.39	12.94%	$371.50M	100.72x	0.10	Cayman Islands
BDC	BELDEN INC	NYSE	Communication Equipment	$4.08B	$104.79	1.18%	$449.37M	17.44x	1.70	United States
CIEN	CIENA CORP	NYSE	Communication Equipment	$83.03B	$587.23	-0.59%	$507.26M	364.74x	1.11	United States
PI	IMPINJ INC	NASDAQ	Communication Equipment	$4.27B	$140.27	6.77%	-$8.12M	-154.14x	1.46	United States
KVHI	KVH INDUSTRIES INC	NASDAQ	Communication Equipment	$208.63M	$10.70	9.25%	$5.14M	-41.15x	0.18	United States
HPE	HEWLETT PACKARD ENTERPRISE CO	NYSE	Communication Equipment	$45.07B	$33.97	10.63%	$2.69B	-199.82x	2.06	United States
AIRG	AIRGAIN INC	NASDAQ	Communication Equipment	$86.96M	$6.86	3.43%	-$3.56M	-12.47x	0.55	United States
NOK	NOKIA CORP	NYSE	Communication Equipment	$81.42B	$14.18	9.10%	$1.38B	100.57x	0.79	Finland
CSCO	CISCO SYSTEMS INC	NASDAQ	Communication Equipment	$465.88B	$118.20	1.87%	$18.08B	39.27x	1.57	United States
VSAT	VIASAT INC	NASDAQ	Communication Equipment	$9.61B	$70.76	5.37%	$1.47B	-27.11x	2.25	United States
OCC	OPTICAL CABLE CORP	NASDAQ	Communication Equipment	$95.73M	$10.84	16.47%	$993.14k	-120.44x	0.97	United States
VISN	VISTANCE NETWORKS INC	NASDAQ	Communication Equipment	$2.68B	$11.90	3.36%	$6.95B	0.38x	0.19	United States
SILC	SILICOM LTD	NASDAQ	Communication Equipment	$243.99M	$42.76	6.01%	N/A	-22.14x	0.37	Israel
MSI	MOTOROLA SOLUTIONS INC	NYSE	Communication Equipment	$66.44B	$400.24	0.96%	$3.54B	31.84x	6.49	United States
INSG	INSEEGO CORP	NASDAQ	Communication Equipment	$196.95M	$12.10	3.22%	$25.93M	19.21x	-4.31	United States
ERIC	ERICSSON LM TELEPHONE CO	NASDAQ	Communication Equipment	$44.64B	$13.24	1.96%	$4.39B	14.52x	1.55	Sweden
LITE	LUMENTUM HOLDINGS INC	NASDAQ	Communication Equipment	$75.04B	$964.50	-1.82%	$552.20M	154.32x	1.36	United States
GILT	GILAT SATELLITE NETWORKS LTD	NASDAQ	Communication Equipment	$1.13B	$15.36	2.41%	$47.09M	43.89x	0.49	United States
UI	UBIQUITI INC	NYSE	Communication Equipment	$35.48B	$586.31	4.18%	$1.13B	37.63x	0.43	United States
CLFD	CLEARFIELD INC	NASDAQ	Communication Equipment	$581.36M	$42.78	2.22%	-$1.03M	-69.00x	0.09	United States
SATS	ECHOSTAR CORP	NASDAQ	Communication Equipment	$37.22B	$128.44	-3.30%	-$15.69B	-2.56x	6.34	United States
NTGR	NETGEAR INC	NASDAQ	Communication Equipment	$667.78M	$24.88	3.66%	-$14.22M	-27.96x	0.70	United States
AVNW	AVIAT NETWORKS INC	NASDAQ	Communication Equipment	$212.85M	$16.45	6.93%	$33.50M	23.50x	1.27	United States
MOB	MOBILICOM LTD	NASDAQ	Communication Equipment	$65.47M	$5.36	10.45%	-$16.87M	-2.82x	1.35	Australia
CMTL	COMTECH TELECOMMUNICATIONS CORP	NASDAQ	Communication Equipment	$124.95M	$4.21	13.78%	$81.61M	-1.89x	6.68	United States
AIOT	POWERFLEET INC	NASDAQ	Communication Equipment	$440.00M	$3.28	3.96%	$66.01M	-13.67x	0.98	United States
AMPG	AMPLITECH GROUP INC	NASDAQ	Communication Equipment	$134.04M	$5.29	-4.73%	-$4.59M	-17.63x	0.24	United States
ONDS	ONDAS INC	NASDAQ	Communication Equipment	$4.55B	$9.18	-1.31%	$255.60M	153.00x	1.27	United States
AAOI	APPLIED OPTOELECTRONICS INC	NASDAQ	Communication Equipment	$14.19B	$176.81	2.65%	-$16.14M	-280.65x	0.42	United States
FEIM	FREQUENCY ELECTRONICS INC	NASDAQ	Communication Equipment	$589.43M	$59.89	13.56%	$9.07M	82.04x	0.56	United States
ASTS	AST SPACEMOBILE INC	NASDAQ	Communication Equipment	$37.35B	$96.23	10.01%	-$368.97M	-54.37x	1.63	United States
TSAT	TELESAT CORP	NASDAQ	Communication Equipment	$793.78M	$52.16	2.57%	$66.79M	-5.69x	9.69	Canada
FIEE	FIEE INC	NASDAQ	Communication Equipment	$50.97M	$6.12	-0.16%	$3.18M	26.61x	0.33	United States
CLRO	CLEARONE INC	NASDAQ	Communication Equipment	$8.35M	$3.12	5.45%	-$23.40M	-0.24x	2.79	United States
SYNX	SILYNXCOM LTD	NYSEMKT	Communication Equipment	$7.89M	$1.19	1.68%	-$2.75M	-2.45x	0.62	Israel
SONM	DNA X INC	NASDAQ	Communication Equipment	$5.86M	$3.94	13.71%	-$10.14M	-0.17x	-5.01	United States
MITQ	MOVING IMAGE TECHNOLOGIES INC	NYSEMKT	Communication Equipment	$6.12M	$0.62	1.95%	$140.00k	-30.80x	0.81	United States
FKWL	FRANKLIN WIRELESS CORP	NASDAQ	Communication Equipment	$36.47M	$3.10	-2.10%	-$266.17k	-51.58x	0.42	United States
BOXL	BOXLIGHT CORP	NASDAQ	Communication Equipment	$3.17M	$0.79	3.66%	-$9.06M	-0.02x	-46.09	United States
CHAI	CORE AI HOLDINGS INC	NASDAQ	Communication Equipment	$22.11M	$1.11	0.90%	-$23.08M	-0.84x	3.32	Canada
UTSI	UTSTARCOM HOLDINGS CORP	NASDAQ	Communication Equipment	$24.17M	$2.63	-0.80%	-$5.05M	-3.02x	0.53	Hong Kong

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 42, which is 10 points higher than the communication equipment industry average of 32.

KN passed 13 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 122.86% over the past year, overperforming other communication equipment stocks by 10 percentage points.

Knowles has an average 1 year price target of $39.00, an upside of 10.7% from Knowles's current stock price of $35.23.

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: C, and AI: C.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 36, which is 4 points higher than the communication equipment industry average of 32.

DGII passed 12 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 104.39% over the past year, underperforming other communication equipment stocks by -8 percentage points.

Digi International has an average 1 year price target of $69.00, an upside of 7.73% from Digi International's current stock price of $64.05.

Digi International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Digi International, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 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 Extreme Networks (NASDAQ:EXTR) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.

Extreme Networks (NASDAQ:EXTR) has a Due Diligence Score of 36, which is 4 points higher than the communication equipment industry average of 32.

EXTR passed 12 out of 33 due diligence checks and has average fundamentals. Extreme Networks has seen its stock return 61.62% over the past year, underperforming other communication equipment stocks by -51 percentage points.

Extreme Networks has an average 1 year price target of $24.50, an upside of 2.51% from Extreme Networks's current stock price of $23.90.

Extreme Networks stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Extreme Networks, 33.33% have issued a Strong Buy rating, 33.33% 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 168.07%, which is 151 percentage points higher than the communication equipment industry average of 16.99%.

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 5.15%, which is -12 percentage points lower than the communication equipment industry average of 16.99%. 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 4.58%, which is -12 percentage points lower than the communication equipment industry average of 16.99%. 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 160% 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 3.3% in the last day, and down -3.78% over the last week. Dna X was the among the top gainers in the communication equipment industry, gaining 13.71% yesterday.

Shares of hardware companies are trading higher. The industry may be seeing strength after Lenovo Group reported strong Q4 financial 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. 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 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 gained 2.7% in the past year. It has underperformed other stocks in the communication equipment industry by -110 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 57, which is 37 points higher than the communication equipment industry average of 20. It passed 4 out of 7 valuation due diligence checks.

Belden's stock has dropped -2.07% in the past year. It has underperformed other stocks in the communication equipment industry by -115 percentage points.

3. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) 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.

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 -15.76% in the past year. It has underperformed other stocks in the communication equipment industry by -129 percentage points.

Are communication equipment stocks a good buy now?

56.76% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 5.73% over the next year.

13.33% of communication equipment stocks have a Zen Rating of A (Strong Buy), 26.67% of communication equipment stocks are rated B (Buy), 46.67% are rated C (Hold), 8.89% are rated D (Sell), and 4.44% 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 54.76x.

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.