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
B
Communication Equipment is Zen Rated B and is the 38th 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
$2.20B$25.87-1.33%$102.90M50.73x0.36
United States
DGII
DIGI INTERNATIONAL INC
NASDAQ
Communication Equipment
$1.88B$49.961.79%$95.35M44.21x0.42
United States
LTRX
LANTRONIX INC
NASDAQ
Communication Equipment
$214.34M$5.402.47%-$4.74M-23.48x0.64
United States
BKTI
BK TECHNOLOGIES CORP
NYSEMKT
Communication Equipment
$317.30M$83.8210.13%$17.63M22.72x0.43
United States
ERIC
ERICSSON LM TELEPHONE CO
NASDAQ
Communication Equipment
$39.18B$11.621.48%$4.39B12.74x1.55
Sweden
EXTR
EXTREME NETWORKS INC
NASDAQ
Communication Equipment
$2.06B$15.361.05%$66.35M219.43x11.19
United States
ITRN
ITURAN LOCATION & CONTROL LTD
NASDAQ
Communication Equipment
$1.01B$51.150.85%$93.89M17.52x0.74
Israel
CIEN
CIENA CORP
NYSE
Communication Equipment
$63.31B$447.767.79%$507.26M278.11x1.11
United States
BDC
BELDEN INC
NYSE
Communication Equipment
$4.46B$115.05-1.34%$442.65M19.18x1.80
United States
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
NASDAQ
Communication Equipment
$18.71B$101.455.77%$371.50M52.84x0.10
Cayman Islands
AUDC
AUDIOCODES LTD
NASDAQ
Communication Equipment
$235.95M$8.711.04%$18.27M28.10x0.89
Israel
ADTN
ADTRAN HOLDINGS INC
NASDAQ
Communication Equipment
$1.04B$12.881.18%$71.23M-24.77x4.70
United States
HPE
HEWLETT PACKARD ENTERPRISE CO
NYSE
Communication Equipment
$32.65B$24.612.63%$2.69B-144.76x2.06
United States
UI
UBIQUITI INC
NYSE
Communication Equipment
$50.89B$840.902.18%$1.06B57.24x0.58
United States
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
NASDAQ
Communication Equipment
$33.13M$4.701.95%$3.39M7.97x0.56
Israel
AVNW
AVIAT NETWORKS INC
NASDAQ
Communication Equipment
$260.69M$20.212.72%$40.73M17.72x1.43
United States
OCC
OPTICAL CABLE CORP
NASDAQ
Communication Equipment
$80.46M$9.110.55%$993.14k-101.22x0.97
United States
VIAV
VIAVI SOLUTIONS INC
NASDAQ
Communication Equipment
$8.54B$36.894.50%$49.00M-204.94x2.33
United States
CSCO
CISCO SYSTEMS INC
NASDAQ
Communication Equipment
$312.12B$79.021.40%$17.00B28.32x1.59
United States
HLIT
HARMONIC INC
NASDAQ
Communication Equipment
$1.01B$9.201.32%-$20.78M-24.21x0.88
United States
MSI
MOTOROLA SOLUTIONS INC
NYSE
Communication Equipment
$72.72B$438.961.11%$3.53B33.95x7.04
United States
VSAT
VIASAT INC
NASDAQ
Communication Equipment
$7.29B$53.6918.70%$1.47B-20.57x2.25
United States
GILT
GILAT SATELLITE NETWORKS LTD
NASDAQ
Communication Equipment
$1.21B$16.344.95%$47.09M46.69x0.49
United States
SILC
SILICOM LTD
NASDAQ
Communication Equipment
$126.56M$22.184.13%-$9.02M-11.03x0.30
Israel
KVHI
KVH INDUSTRIES INC
NASDAQ
Communication Equipment
$176.28M$9.050.44%$3.18M-23.82x0.16
United States
LITE
LUMENTUM HOLDINGS INC
NASDAQ
Communication Equipment
$59.04B$826.888.14%$322.20M228.42x4.68
United States
ZBRA
ZEBRA TECHNOLOGIES CORP
NASDAQ
Communication Equipment
$9.98B$202.84-2.14%$853.00M24.62x1.37
United States
INSG
INSEEGO CORP
NASDAQ
Communication Equipment
$196.09M$12.093.60%$14.09M-67.17x-24.20
United States
PI
IMPINJ INC
NASDAQ
Communication Equipment
$3.04B$100.45-1.46%$8.49M-271.49x1.61
United States
CLFD
CLEARFIELD INC
NASDAQ
Communication Equipment
$364.17M$26.612.27%$1.82M-54.31x0.07
United States
NOK
NOKIA CORP
NYSE
Communication Equipment
$50.65B$8.826.65%$1.38B62.55x0.79
Finland
CRNT
CERAGON NETWORKS LTD
NASDAQ
Communication Equipment
$198.44M$2.190.46%$21.57M-109.50x0.84
Israel
VISN
VISTANCE NETWORKS INC
NASDAQ
Communication Equipment
$4.22B$18.732.07%$2.29B1.86x-9.06
United States
NTGR
NETGEAR INC
NASDAQ
Communication Equipment
$657.29M$23.381.87%-$8.78M-37.11x0.68
United States
AIRG
AIRGAIN INC
NASDAQ
Communication Equipment
$66.50M$5.443.42%-$2.66M-10.07x0.60
United States
AIOT
POWERFLEET INC
NASDAQ
Communication Equipment
$413.17M$3.081.32%$66.01M-12.83x0.98
United States
MOB
MOBILICOM LTD
NASDAQ
Communication Equipment
$69.62M$5.706.74%-$16.87M-3.00x1.35
Australia
AAOI
APPLIED OPTOELECTRONICS INC
NASDAQ
Communication Equipment
$7.81B$103.9120.34%-$15.51M-162.36x0.59
United States
CMTL
COMTECH TELECOMMUNICATIONS CORP
NASDAQ
Communication Equipment
$105.36M$3.551.72%$81.61M-1.59x6.68
United States
BOXL
BOXLIGHT CORP
NASDAQ
Communication Equipment
$1.05M$1.10-10.57%-$1.30M-0.01x-4.65
United States
AMPG
AMPLITECH GROUP INC
NASDAQ
Communication Equipment
$48.89M$1.931.58%-$5.34M-5.85x0.57
United States
SATS
ECHOSTAR CORP
NASDAQ
Communication Equipment
$37.17B$128.686.70%-$15.78B-2.55x6.45
United States
TSAT
TELESAT CORP
NASDAQ
Communication Equipment
$595.38M$40.1115.62%$105.76M-5.14x9.11
Canada
ONDS
ONDAS INC
NASDAQ
Communication Equipment
$4.48B$9.608.97%-$122.12M-15.48x1.51
United States
ASTS
AST SPACEMOBILE INC
NASDAQ
Communication Equipment
$35.38B$92.6210.28%-$250.86M-69.12x1.42
United States
FEIM
FREQUENCY ELECTRONICS INC
NASDAQ
Communication Equipment
$484.62M$49.245.39%$9.07M67.45x0.56
United States
FIEE
FIEE INC
NASDAQ
Communication Equipment
$56.33M$7.100.57%$2.02M59.17x0.64
United States
SYNX
SILYNXCOM LTD
NYSEMKT
Communication Equipment
$6.10M$1.022.31%-$3.14MN/A0.44
Israel
UTSI
UTSTARCOM HOLDINGS CORP
NASDAQ
Communication Equipment
$22.29M$2.420.00%-$5.05M-2.78x0.53
Hong Kong
SONM
DNA X INC
NASDAQ
Communication Equipment
$3.73M$3.632.98%-$28.34M-0.04x-58.37
United States
CLRO
CLEARONE INC
NASDAQ
Communication Equipment
$8.45M$3.16-2.77%-$25.72M-0.21x-4.22
United States
MITQ
MOVING IMAGE TECHNOLOGIES INC
NYSEMKT
Communication Equipment
$5.50M$0.55-4.16%$29.00k-18.43x0.89
United States
FKWL
FRANKLIN WIRELESS CORP
NASDAQ
Communication Equipment
$45.02M$3.821.60%$868.39k191.00x0.42
United States
ASNS
ACTELIS NETWORKS INC
NASDAQ
Communication Equipment
$9.51M$0.36-0.84%-$7.99M-0.06x0.99
United States
CHAI
CORE AI HOLDINGS INC
NASDAQ
Communication Equipment
$3.14M$1.04-6.31%-$12.18M0.00x0.31
Canada

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Apr 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 55 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: C, Sentiment: C, Safety: C, Financials: B, and AI: C.

Knowles (NYSE:KN) has a Due Diligence Score of 44, which is 14 points higher than the communication equipment industry average of 30.

KN passed 14 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 69.53% over the past year, underperforming other communication equipment stocks by -36 percentage points.

Knowles has an average 1 year price target of $23.00, a downside of -11.09% from Knowles's current stock price of $25.87.

Knowles stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Knowles, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 55 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 48, which is 18 points higher than the communication equipment industry average of 30.

DGII passed 15 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 80.04% over the past year, underperforming other communication equipment stocks by -25 percentage points.

Digi International has an average 1 year price target of $48.80, a downside of -2.32% from Digi International's current stock price of $49.96.

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 55 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: C, Sentiment: A, Safety: C, Financials: B, and AI: C.

Lantronix (NASDAQ:LTRX) has a Due Diligence Score of 17, which is -13 points lower than the communication equipment industry average of 30. Although this number is below the industry average, our proven quant model rates LTRX as a "A".

LTRX passed 5 out of 33 due diligence checks and has weak fundamentals. Lantronix has seen its stock return 119.51% over the past year, overperforming other communication equipment stocks by 14 percentage points.

Lantronix has an average 1 year price target of $8.25, an upside of 52.78% from Lantronix's current stock price of $5.40.

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

1. Ituran Location & Control (NASDAQ:ITRN)


Ituran Location & Control (NASDAQ:ITRN) has an annual dividend yield of 5.87%, which is 4 percentage points higher than the communication equipment industry average of 2.06%. 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 68.5% indicates that its high dividend yield is sustainable for the long-term.

2. Audiocodes (NASDAQ:AUDC)


Audiocodes (NASDAQ:AUDC) has an annual dividend yield of 4.59%, which is 3 percentage points higher than the communication equipment industry average of 2.06%. 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.

3. Ericsson LM Telephone Co (NASDAQ:ERIC)


Ericsson LM Telephone Co (NASDAQ:ERIC) has an annual dividend yield of 2.71%, which is 1 percentage points higher than the communication equipment industry average of 2.06%. Ericsson LM Telephone Co's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Ericsson LM Telephone Co's dividend has not 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 4.63% in the last day, and up 7.61% over the last week. Viasat was the among the top gainers in the communication equipment industry, gaining 18.7% yesterday.

Shares of space-related companies are trading higher amid sympathy with Globalstar after reports suggest it is in talks to be acquired by Amazon. The industry has seen recent strength related to the anticipated SpaceX IPO and the Artemis II mission.

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 50 points higher than the communication equipment industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Aviat Networks's stock has gained 5.67% in the past year. It has underperformed other stocks in the communication equipment industry by -99 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 43, which is 22 points higher than the communication equipment industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has gained 10.1% in the past year. It has underperformed other stocks in the communication equipment industry by -95 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 B. 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 50 points higher than the communication equipment industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 49.17% in the past year. It has underperformed other stocks in the communication equipment industry by -56 percentage points.

Are communication equipment stocks a good buy now?

61.54% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to fall by -0.61% over the next year.

13.04% of communication equipment stocks have a Zen Rating of A (Strong Buy), 17.39% of communication equipment stocks are rated B (Buy), 54.35% are rated C (Hold), 13.04% are rated D (Sell), and 2.17% 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 47.33x.
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.