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Best Communication Equipment Stocks to Buy Now (2022)
Top communication equipment stocks in 2022 ranked by overall Zen Score. See the best communication equipment stocks to buy now, according to analyst forecasts for the communication equipment industry.

Industry: Communication Equipment
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CLFD
CLEARFIELD INC
NASDAQ
Communication Equipment
$762.95M$55.40-3.89%$45.06M22.99x0.30
ZBRA
ZEBRA TECHNOLOGIES CORP
NASDAQ
Communication Equipment
$16.96B$322.88-3.54%$1.14B21.16x1.11
CMBM
CAMBIUM NETWORKS CORP
NASDAQ
Communication Equipment
$353.59M$13.18-3.65%$23.91M21.97x0.91
AVNW
AVIAT NETWORKS INC
NASDAQ
Communication Equipment
$314.91M$28.20-3.69%$31.39M16.59x0.62
ITRN
ITURAN LOCATION & CONTROL LTD
NASDAQ
Communication Equipment
$484.39M$23.590.51%$71.99M14.04x1.13
CSCO
CISCO SYSTEMS INC
NASDAQ
Communication Equipment
$181.83B$43.770.97%$17.00B15.52x1.39
ERIC
ERICSSON LM TELEPHONE CO
NASDAQ
Communication Equipment
$24.52B$7.980.00%$3.34B11.02x1.81
WTT
WIRELESS TELECOM GROUP INC
NYSEMKT
Communication Equipment
$32.16M$1.40-3.51%$13.54M2.64x0.24
LITE
LUMENTUM HOLDINGS INC
NASDAQ
Communication Equipment
$5.77B$83.65-3.94%$466.80M32.55x1.16
CIEN
CIENA CORP
NYSE
Communication Equipment
$7.43B$48.87-2.63%$617.92M15.47x0.74
JNPR
JUNIPER NETWORKS INC
NYSE
Communication Equipment
$9.60B$29.720.37%$626.80M28.58x1.07
AMPG
AMPLITECH GROUP INC
NASDAQ
Communication Equipment
$18.97M$1.98-5.26%-$3.49M-5.08x0.18
KN
KNOWLES CORP
NYSE
Communication Equipment
$1.71B$18.68-1.06%$183.80M11.05x0.17
BOXL
BOXLIGHT CORP
NASDAQ
Communication Equipment
$55.93M$0.85-11.35%$2.14M-0.00x2.46
MSI
MOTOROLA SOLUTIONS INC
NYSE
Communication Equipment
$35.91B$214.650.87%$2.13B28.58x-37.81
DGII
DIGI INTERNATIONAL INC
NASDAQ
Communication Equipment
$939.49M$22.610.27%$46.16M66.50x0.81
AKTS
AKOUSTIS TECHNOLOGIES INC
NASDAQ
Communication Equipment
$188.04M$3.36-6.41%-$45.99M-3.36x0.12
AUDC
AUDIOCODES LTD
NASDAQ
Communication Equipment
$715.51M$22.200.86%$40.07M22.42x0.71
HPE
HEWLETT PACKARD ENTERPRISE CO
NYSE
Communication Equipment
$18.93B$14.560.34%$6.79B5.13x1.85
VISL
VISLINK TECHNOLOGIES INC
NASDAQ
Communication Equipment
$29.19M$0.64-1.39%-$14.74M-1.59x0.19
EXTR
EXTREME NETWORKS INC
NASDAQ
Communication Equipment
$1.21B$9.28-3.03%$115.87M23.79x9.33
NTIP
NETWORK-1 TECHNOLOGIES INC
NYSEMKT
Communication Equipment
$57.08M$2.39-0.42%$4.91M14.94x0.07
ONDS
ONDAS HOLDINGS INC
NASDAQ
Communication Equipment
$273.64M$6.51-3.98%-$21.66M-11.42x0.08
NOK
NOKIA CORP
NYSE
Communication Equipment
$27.70B$4.90-0.61%$2.42B15.22x1.30
PCTI
PC TEL INC
NASDAQ
Communication Equipment
$74.60M$4.02-3.13%$2.72M-100.50x0.26
MYNA
MYNARIC AG
NASDAQ
Communication Equipment
$187.66M$8.95-2.63%-$39.38M-3.14x0.27
PWFL
POWERFLEET INC
NASDAQ
Communication Equipment
$81.69M$2.26-1.74%$1.67M-4.11x0.94
VSAT
VIASAT INC
NASDAQ
Communication Equipment
$3.04B$40.820.02%$524.17M131.68x1.30
MINM
MINIM INC
NASDAQ
Communication Equipment
$23.84M$0.52-6.36%-$4.10M-3.68x0.77
OCC
OPTICAL CABLE CORP
NASDAQ
Communication Equipment
$29.12M$3.71-1.07%$9.68M3.60x0.84
DZSI
DZS INC
NASDAQ
Communication Equipment
$409.82M$14.840.95%-$8.93M-28.00x0.96
AIRG
AIRGAIN INC
NASDAQ
Communication Equipment
$104.03M$10.21-2.39%-$9.06M-7.98x0.56
SWIR
SIERRA WIRELESS INC
NASDAQ
Communication Equipment
$788.89M$20.58-2.09%-$43.27M-10.72x1.16
LTRX
LANTRONIX INC
NASDAQ
Communication Equipment
$183.04M$5.26-5.90%-$1.76M-18.14x0.75
ITI
ITERIS INC
NASDAQ
Communication Equipment
$106.45M$2.51-0.79%$2.20M-22.82x0.59
UI
UBIQUITI INC
NYSE
Communication Equipment
$15.55B$257.291.28%$547.47M36.50x-3.27
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
NASDAQ
Communication Equipment
$11.03M$2.10-3.85%$775.00k23.33x0.73
HLIT
HARMONIC INC
NASDAQ
Communication Equipment
$983.24M$9.411.51%$37.52M52.28x1.46
KVHI
KVH INDUSTRIES INC
NASDAQ
Communication Equipment
$137.93M$7.30-0.14%$4.80M-12.81x0.30
PI
IMPINJ INC
NASDAQ
Communication Equipment
$1.08B$42.70-4.77%-$43.79M-19.95x-51.40
CRNT
CERAGON NETWORKS LTD
NASDAQ
Communication Equipment
$131.75M$1.57-7.10%$15.50M-7.85x1.21
ADTN
ADTRAN INC
NASDAQ
Communication Equipment
$886.13M$18.04-0.11%$3.90M-82.00x0.67
FKWL
FRANKLIN WIRELESS CORP
NASDAQ
Communication Equipment
$39.88M$3.44-1.15%-$3.58M-12.29x0.33
MITQ
MOVING IMAGE TECHNOLOGIES INC
NYSEMKT
Communication Equipment
$11.59M$1.07-9.32%-$295.00k-26.75x0.63
ALLT
ALLOT LTD
NASDAQ
Communication Equipment
$193.66M$5.30-1.12%-$9.17M-11.28x0.95
SATS
ECHOSTAR CORP
NASDAQ
Communication Equipment
$1.90B$22.331.73%$720.35M21.68x0.76
INFN
INFINERA CORP
NASDAQ
Communication Equipment
$1.14B$5.31-5.18%-$20.04M-6.81x7.79
VIAV
VIAVI SOLUTIONS INC
NASDAQ
Communication Equipment
$3.23B$14.17-0.77%$115.70M-708.50x1.65
POLY
PLANTRONICS INC
NYSE
Communication Equipment
$1.69B$39.54-0.23%$174.09M28.24x207.52
CAMP
CALAMP CORP
NASDAQ
Communication Equipment
$231.13M$6.41-0.47%$11.22M-8.11x4.19
NTGR
NETGEAR INC
NASDAQ
Communication Equipment
$546.36M$18.991.23%-$12.75M-17.75x0.59
UTSI
UTSTARCOM HOLDINGS CORP
NASDAQ
Communication Equipment
$22.07M$0.61-0.16%-$733.00k-3.82x0.58
SONM
SONIM TECHNOLOGIES INC
NASDAQ
Communication Equipment
$9.98M$0.52-1.33%-$34.58M-0.17x2.57
PEGY
PINEAPPLE ENERGY INC
NASDAQ
Communication Equipment
$16.73M$2.25-12.11%$4.55M1.50x0.91
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
NASDAQ
Communication Equipment
$1.44B$9.93-0.70%N/AN/A0.09
FEIM
FREQUENCY ELECTRONICS INC
NASDAQ
Communication Equipment
$69.81M$7.520.13%$2.49M-150.40x0.51
SYTA
SIYATA MOBILE INC
NASDAQ
Communication Equipment
$14.25M$1.01-1.94%N/A-0.27x0.33
GILT
GILAT SATELLITE NETWORKS LTD
NASDAQ
Communication Equipment
$371.54M$6.57-3.67%$16.27MN/A0.51
TESS
TESSCO TECHNOLOGIES INC
NASDAQ
Communication Equipment
$55.97M$6.23-0.80%-$4.09M-13.54x1.45
CASA
CASA SYSTEMS INC
NASDAQ
Communication Equipment
$374.84M$3.98-1.49%$3.00M-9.48x7.50
SILC
SILICOM LTD
NASDAQ
Communication Equipment
$236.85M$35.30-1.97%N/A23.47x0.42
BDR
BLONDER TONGUE LABORATORIES INC
NYSEMKT
Communication Equipment
$5.08M$0.38-6.85%$991.00k-9.53x3.78
MAXR
MAXAR TECHNOLOGIES INC
NYSE
Communication Equipment
$1.80B$24.48-5.41%$490.00M14.23x2.01
INSG
INSEEGO CORP
NASDAQ
Communication Equipment
$219.09M$2.04-5.56%-$22.23M-3.52x-6.97
CLRO
CLEARONE INC
NASDAQ
Communication Equipment
$12.96M$0.54-6.56%-$4.17M-1.42x0.22
CMTL
COMTECH TELECOMMUNICATIONS CORP
NASDAQ
Communication Equipment
$330.92M$12.482.13%-$9.49M-12.12x0.91
COMM
COMMSCOPE HOLDING COMPANY INC
NASDAQ
Communication Equipment
$1.36B$6.58-3.38%$811.10M-2.40x-39.35
BKTI
BK TECHNOLOGIES CORP
NYSEMKT
Communication Equipment
$43.00M$2.551.59%-$3.42M-9.81x0.63
TSAT
TELESAT CORP
NASDAQ
Communication Equipment
$710.69M$14.34-1.58%N/AN/A10.58
ASNS
ACTELIS NETWORKS INC
NASDAQ
Communication Equipment
N/A$1.33-9.52%-$1.82M-0.52x-0.95

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in May 2022?

According to Zen Score, the 3 best communication equipment stocks to buy right now are:

1. CLEARFIELD (NASDAQ:CLFD)


CLEARFIELD (NASDAQ:CLFD) is the top communication equipment stock with a Zen Score of 70, which is 36 points higher than the communication equipment industry average of 34. It passed 24 out of 33 due diligence checks and has strong fundamentals. CLEARFIELD has seen its stock return 53.04% over the past year, overperforming other communication equipment stocks by 74 percentage points.

CLEARFIELD has an average 1 year price target of $64.50, an upside of 16.43% from CLEARFIELD's current stock price of $55.40.

CLEARFIELD stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering CLEARFIELD, 0% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

2. ZEBRA TECHNOLOGIES (NASDAQ:ZBRA)


ZEBRA TECHNOLOGIES (NASDAQ:ZBRA) is the second best communication equipment stock with a Zen Score of 65, which is 31 points higher than the communication equipment industry average of 34. It passed 22 out of 33 due diligence checks and has strong fundamentals. ZEBRA TECHNOLOGIES has seen its stock lose -35.63% over the past year, underperforming other communication equipment stocks by -14 percentage points.

ZEBRA TECHNOLOGIES has an average 1 year price target of $532.00, an upside of 64.77% from ZEBRA TECHNOLOGIES's current stock price of $322.88.

ZEBRA TECHNOLOGIES stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering ZEBRA TECHNOLOGIES, 40% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

3. CAMBIUM NETWORKS (NASDAQ:CMBM)


CAMBIUM NETWORKS (NASDAQ:CMBM) is the third best communication equipment stock with a Zen Score of 60, which is 26 points higher than the communication equipment industry average of 34. It passed 20 out of 33 due diligence checks and has strong fundamentals. CAMBIUM NETWORKS has seen its stock lose -75.81% over the past year, underperforming other communication equipment stocks by -54 percentage points.

CAMBIUM NETWORKS has an average 1 year price target of $31.60, an upside of 139.76% from CAMBIUM NETWORKS's current stock price of $13.18.

CAMBIUM NETWORKS stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering CAMBIUM NETWORKS, 16.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 50% 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 15 communication equipment stocks that have issued dividends in the past year, the 3 communication equipment stocks with the highest dividend yields are:

1. TEL (NASDAQ:PCTI)


TEL (NASDAQ:PCTI) has an annual dividend yield of 5.47%, which is 3 percentage points higher than the communication equipment industry average of 2.3%. TEL's dividend payout is stable, having never dropped by more than 10% in the last 10 years. TEL's dividend has shown consistent growth over the last 10 years.

TEL's dividend payout ratio of -550% indicates that its high dividend yield might not be sustainable for the long-term.

2. NETWORK-1 TECHNOLOGIES (NYSEMKT:NTIP)


NETWORK-1 TECHNOLOGIES (NYSEMKT:NTIP) has an annual dividend yield of 4.18%, which is 2 percentage points higher than the communication equipment industry average of 2.3%. NETWORK-1 TECHNOLOGIES's dividend payout is stable, having never dropped by more than 10% in the last 10 years. NETWORK-1 TECHNOLOGIES's dividend has not shown consistent growth over the last 10 years.

NETWORK-1 TECHNOLOGIES's dividend payout ratio of 62.5% indicates that its high dividend yield is sustainable for the long-term.

3. BK TECHNOLOGIES (NYSEMKT:BKTI)


BK TECHNOLOGIES (NYSEMKT:BKTI) has an annual dividend yield of 3.92%, which is 2 percentage points higher than the communication equipment industry average of 2.3%. BK TECHNOLOGIES's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. BK TECHNOLOGIES's dividend has not shown consistent growth over the last 10 years.

BK TECHNOLOGIES's dividend payout ratio of -38.5% indicates that its dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -1.33% in the last day, and down -3.52% over the last week. ACTELIS NETWORKS was the among the top losers in the communication equipment industry, dropping -9.52% yesterday.

Shares of several companies in the broader technology sector are trading lower amid a continued selloff in stocks. The sector is also under pressure following Snap's Q2 warning.

What are the most undervalued communication equipment stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued communication equipment stocks right now are:

1. ERICSSON LM TELEPHONE (NASDAQ:ERIC)


ERICSSON LM TELEPHONE (NASDAQ:ERIC) is the most undervalued communication equipment stock based on WallStreetZen's Valuation Score. ERICSSON LM TELEPHONE has a valuation score of 86, which is 52 points higher than the communication equipment industry average of 34. It passed 6 out of 7 valuation due diligence checks.

ERICSSON LM TELEPHONE's stock has dropped -40.27% in the past year. It has underperformed other stocks in the communication equipment industry by -19 percentage points.

2. AVIAT NETWORKS (NASDAQ:AVNW)


AVIAT NETWORKS (NASDAQ:AVNW) is the second most undervalued communication equipment stock based on WallStreetZen's Valuation Score. AVIAT NETWORKS has a valuation score of 71, which is 37 points higher than the communication equipment industry average of 34. It passed 5 out of 7 valuation due diligence checks.

AVIAT NETWORKS's stock has dropped -19.34% in the past year. It has overperformed other stocks in the communication equipment industry by 2 percentage points.

3. CAMBIUM NETWORKS (NASDAQ:CMBM)


CAMBIUM NETWORKS (NASDAQ:CMBM) is the third most undervalued communication equipment stock based on WallStreetZen's Valuation Score. CAMBIUM NETWORKS has a valuation score of 57, which is 23 points higher than the communication equipment industry average of 34. It passed 4 out of 7 valuation due diligence checks.

CAMBIUM NETWORKS's stock has dropped -75.81% in the past year. It has underperformed other stocks in the communication equipment industry by -54 percentage points.

Are communication equipment stocks a good buy now?

48.21% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 47.57% over the next year.

What is the average p/e ratio of the communication equipment industry?

The average P/E ratio of the communication equipment industry is 12.23x.
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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.