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 +28.50% 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 30th ranked industry out of 146 stock market industries

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E	Country
ITRN	ITURAN LOCATION & CONTROL LTD	NASDAQ	Communication Equipment	$1.13B	$57.14	-6.10%	$97.55M	18.86x	0.90	Israel
KN	KNOWLES CORP	NYSE	Communication Equipment	$3.15B	$36.78	-9.21%	$112.10M	57.47x	0.35	United States
HPE	HEWLETT PACKARD ENTERPRISE CO	NYSE	Communication Equipment	$54.60B	$41.23	-6.19%	$4.85B	37.48x	2.14	United States
EXTR	EXTREME NETWORKS INC	NASDAQ	Communication Equipment	$3.90B	$29.80	-5.19%	$75.38M	248.33x	13.82	United States
CRNT	CERAGON NETWORKS LTD	NASDAQ	Communication Equipment	$219.52M	$2.42	-5.10%	$24.85M	-80.67x	0.79	Israel
AUDC	AUDIOCODES LTD	NASDAQ	Communication Equipment	$247.41M	$9.72	-1.92%	$18.12M	38.88x	0.98	Israel
DGII	DIGI INTERNATIONAL INC	NASDAQ	Communication Equipment	$2.72B	$72.15	-2.66%	$101.65M	62.74x	0.46	United States
ADTN	ADTRAN HOLDINGS INC	NASDAQ	Communication Equipment	$1.03B	$12.71	-6.82%	$86.29M	-32.59x	4.93	United States
HLIT	HARMONIC INC	NASDAQ	Communication Equipment	$1.53B	$14.07	-10.84%	-$8.20M	-38.03x	0.99	United States
CIEN	CIENA CORP	NYSE	Communication Equipment	$59.80B	$422.46	-8.65%	$729.87M	136.72x	1.09	United States
BKTI	BK TECHNOLOGIES CORP	NYSEMKT	Communication Equipment	$316.95M	$84.65	-3.62%	$18.56M	22.10x	0.44	United States
ZBRA	ZEBRA TECHNOLOGIES CORP	NASDAQ	Communication Equipment	$12.73B	$267.18	-0.25%	$884.00M	32.07x	1.40	United States
VIAV	VIAVI SOLUTIONS INC	NASDAQ	Communication Equipment	$9.74B	$41.66	-11.49%	$67.40M	-173.58x	1.99	United States
LTRX	LANTRONIX INC	NASDAQ	Communication Equipment	$218.59M	$5.49	-7.26%	-$3.06M	-34.31x	0.61	United States
PI	IMPINJ INC	NASDAQ	Communication Equipment	$4.31B	$141.58	-1.41%	-$8.12M	-155.58x	1.46	United States
CSCO	CISCO SYSTEMS INC	NASDAQ	Communication Equipment	$444.16B	$112.69	-3.69%	$18.08B	37.44x	1.57	United States
BDC	BELDEN INC	NYSE	Communication Equipment	$4.49B	$115.41	-1.24%	$449.37M	19.20x	1.70	United States
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	NASDAQ	Communication Equipment	$45.11B	$241.91	-6.63%	$510.47M	91.29x	0.11	Cayman Islands
OCC	OPTICAL CABLE CORP	NASDAQ	Communication Equipment	$141.23M	$16.00	-10.41%	$2.70M	133.33x	1.33	United States
KVHI	KVH INDUSTRIES INC	NASDAQ	Communication Equipment	$177.23M	$9.09	2.77%	$5.14M	-34.96x	0.18	United States
VISN	VISTANCE NETWORKS INC	NASDAQ	Communication Equipment	$2.74B	$12.15	-1.78%	$6.95B	0.39x	0.19	United States
NOK	NOKIA CORP	NYSE	Communication Equipment	$69.31B	$12.07	-6.51%	$1.38B	85.60x	0.79	Finland
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	NASDAQ	Communication Equipment	$30.40M	$4.32	-3.36%	N/A	9.00x	0.51	Israel
INSG	INSEEGO CORP	NASDAQ	Communication Equipment	$144.37M	$8.87	-9.77%	$25.93M	14.08x	-4.31	United States
SILC	SILICOM LTD	NASDAQ	Communication Equipment	$243.02M	$42.59	-3.60%	N/A	-22.06x	0.37	Israel
ERIC	ERICSSON LM TELEPHONE CO	NASDAQ	Communication Equipment	$36.38B	$10.79	-0.74%	$4.39B	11.83x	1.55	Sweden
AIRG	AIRGAIN INC	NASDAQ	Communication Equipment	$78.46M	$6.19	-4.48%	-$3.56M	-11.25x	0.55	United States
UI	UBIQUITI INC	NYSE	Communication Equipment	$31.80B	$525.38	-2.05%	$1.13B	33.72x	0.43	United States
MSI	MOTOROLA SOLUTIONS INC	NYSE	Communication Equipment	$70.16B	$422.66	0.89%	$3.54B	33.62x	6.49	United States
GILT	GILAT SATELLITE NETWORKS LTD	NASDAQ	Communication Equipment	$950.95M	$12.88	-3.09%	$47.09M	36.80x	0.49	United States
CLFD	CLEARFIELD INC	NASDAQ	Communication Equipment	$461.63M	$33.97	-11.77%	-$1.03M	-54.79x	0.09	United States
VSAT	VIASAT INC	NASDAQ	Communication Equipment	$11.34B	$83.06	0.05%	$1.80B	-332.24x	2.25	United States
LITE	LUMENTUM HOLDINGS INC	NASDAQ	Communication Equipment	$56.66B	$728.32	-9.09%	$552.20M	116.53x	1.36	United States
NTGR	NETGEAR INC	NASDAQ	Communication Equipment	$577.06M	$21.50	-7.33%	-$14.22M	-24.16x	0.70	United States
AMPG	AMPLITECH GROUP INC	NASDAQ	Communication Equipment	$151.78M	$5.99	-15.63%	-$4.59M	-19.97x	0.24	United States
AVNW	AVIAT NETWORKS INC	NASDAQ	Communication Equipment	$273.93M	$21.17	-5.74%	$33.50M	30.24x	1.27	United States
ECHO	ECHOSTAR CORP	NASDAQ	Communication Equipment	$29.42B	$101.50	0.61%	-$15.69B	-2.03x	6.34	United States
AIOT	POWERFLEET INC	NASDAQ	Communication Equipment	$586.37M	$4.37	-0.23%	$80.00M	-29.13x	1.00	United States
MOB	MOBILICOM LTD	NASDAQ	Communication Equipment	$60.95M	$4.99	-3.29%	-$16.87M	-2.62x	1.35	Australia
ONDS	ONDAS INC	NASDAQ	Communication Equipment	$3.67B	$7.41	-6.44%	$255.60M	123.50x	1.27	United States
CMTL	COMTECH TELECOMMUNICATIONS CORP	NASDAQ	Communication Equipment	$57.83M	$1.93	-8.53%	$50.92M	-0.87x	8.20	United States
AAOI	APPLIED OPTOELECTRONICS INC	NASDAQ	Communication Equipment	$9.71B	$120.95	-12.99%	-$16.14M	-191.98x	0.42	United States
FEIM	FREQUENCY ELECTRONICS INC	NASDAQ	Communication Equipment	$635.69M	$64.59	-1.82%	$9.07M	88.48x	0.56	United States
ASTS	AST SPACEMOBILE INC	NASDAQ	Communication Equipment	$33.04B	$85.13	-1.13%	-$368.97M	-48.10x	1.63	United States
TSAT	TELESAT CORP	NASDAQ	Communication Equipment	$703.53M	$46.23	-1.39%	$66.79M	-5.04x	9.69	Canada
FIEE	FIEE INC	NASDAQ	Communication Equipment	$33.31M	$4.00	-5.90%	$3.18M	17.39x	0.33	United States
SONM	DNA X INC	NASDAQ	Communication Equipment	$5.58M	$3.75	-28.71%	-$10.14M	-0.16x	-5.01	United States
UTSI	UTSTARCOM HOLDINGS CORP	NASDAQ	Communication Equipment	$22.78M	$2.48	1.64%	-$5.05M	-2.85x	0.53	Hong Kong
MITQ	MOVING IMAGE TECHNOLOGIES INC	NYSEMKT	Communication Equipment	$5.82M	$0.59	2.81%	$140.00k	-29.25x	0.81	United States
SYNX	SILYNXCOM LTD	NYSEMKT	Communication Equipment	$6.97M	$1.05	-2.78%	-$2.75M	-2.16x	0.62	Israel
CLRO	CLEARONE INC	NASDAQ	Communication Equipment	$17.34M	$6.48	101.24%	-$23.40M	-0.49x	2.79	United States
FKWL	FRANKLIN WIRELESS CORP	NASDAQ	Communication Equipment	$29.93M	$2.54	-0.39%	-$266.17k	-42.33x	0.42	United States
CHAI	CORE AI HOLDINGS INC	NASDAQ	Communication Equipment	$12.97M	$0.65	-8.31%	-$23.04M	0.60x	-15.65	Canada
BOXL	BOXLIGHT CORP	NASDAQ	Communication Equipment	$3.33M	$5.00	-0.50%	-$9.06M	-0.03x	-46.09	United States

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Jul 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. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) 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 +28.5% per year. Learn more.

The Component Grade breakdown for Ituran Location & Control (NASDAQ:ITRN) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: B.

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 54, which is 22 points higher than the communication equipment industry average of 32.

ITRN passed 20 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 45.06% over the past year, underperforming other communication equipment stocks by -28 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, an upside of 6.17% from Ituran Location & Control's current stock price of $57.14.

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.

2. Knowles (NYSE:KN)

Knowles (NYSE:KN) 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 +28.5% per year. Learn more.

The Component Grade breakdown for Knowles (NYSE:KN) is: Value: C, Growth: B, Momentum: A, 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 103.2% over the past year, overperforming other communication equipment stocks by 31 percentage points.

Knowles has an average 1 year price target of $39.00, an upside of 6.04% from Knowles's current stock price of $36.78.

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.

3. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) 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 +28.5% per year. Learn more.

The Component Grade breakdown for Hewlett Packard Enterprise Co (NYSE:HPE) is: Value: B, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 49, which is 17 points higher than the communication equipment industry average of 32.

HPE passed 17 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 94.02% over the past year, overperforming other communication equipment stocks by 21 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.69, an upside of 69.02% from Hewlett Packard Enterprise Co's current stock price of $41.23.

Hewlett Packard Enterprise Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Hewlett Packard Enterprise Co, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% 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 164.61%, which is 148 percentage points higher than the communication equipment industry average of 16.68%.

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 5.25%, which is -11 percentage points lower than the communication equipment industry average of 16.68%. 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 99% 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 4.12%, which is -13 percentage points lower than the communication equipment industry average of 16.68%. 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 down?

Communication equipment stocks were down -4.73% in the last day, and down -4.21% over the last week. Lumentum Holdings was the among the top losers in the communication equipment industry, dropping -9.09% yesterday.

Shares of fiber optic connectivity companies are trading lower amid ongoing weakness following reports that Meta will enter the cloud compute business, which may affect pricing power and margins along the hyperscaler and data center value chains.

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 52 points higher than the communication equipment industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -0.41% in the past year. It has underperformed other stocks in the communication equipment industry by -73 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 24 points higher than the communication equipment industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has dropped -4.15% in the past year. It has underperformed other stocks in the communication equipment industry by -77 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 57, which is 38 points higher than the communication equipment industry average of 19. It passed 4 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 26.35% in the past year. It has underperformed other stocks in the communication equipment industry by -46 percentage points.

Are communication equipment stocks a good buy now?

51.35% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 25.37% over the next year.

20% of communication equipment stocks have a Zen Rating of A (Strong Buy), 22.22% of communication equipment stocks are rated B (Buy), 42.22% are rated C (Hold), 11.11% 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 39.6x.

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.