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
B
Communication Equipment is Zen Rated B and is the 34th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Value
Growth
Momentum
Sentiment
Safety
Financials
AI
1w Zen Rating
1m Zen Rating
3m Zen Rating
1y Zen Rating
KN
KNOWLES CORP
ACBABCBCAAAC
ITRN
ITURAN LOCATION & CONTROL LTD
ACCBBCAAAAAB
AUDC
AUDIOCODES LTD
AACCCCBBAABC
HPE
HEWLETT PACKARD ENTERPRISE CO
ACACACCCAACC
CRNT
CERAGON NETWORKS LTD
ABBCBCCCAACC

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Use the proven Zen Ratings quant model to find stocks with high potential to beat the market. Stocks Zen-Rated "A" have beaten the market by +28.50% annually. Learn More

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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. 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 +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 101.39% over the past year, overperforming other communication equipment stocks by 43 percentage points.

Knowles has an average 1 year price target of $39.50, an upside of 5.11% from Knowles's current stock price of $37.58.

Knowles stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Knowles, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% 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 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: A.

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 34.01% over the past year, underperforming other communication equipment stocks by -24 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, an upside of 10.77% from Ituran Location & Control's current stock price of $54.77.

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. Audiocodes (NASDAQ:AUDC)


Audiocodes (NASDAQ:AUDC) 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 Audiocodes (NASDAQ:AUDC) is: Value: A, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.

Audiocodes (NASDAQ:AUDC) has a Due Diligence Score of 42, which is 10 points higher than the communication equipment industry average of 32.

AUDC passed 15 out of 38 due diligence checks and has strong fundamentals. Audiocodes has seen its stock lose -6.35% over the past year, underperforming other communication equipment stocks by -64 percentage points.

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 169.49%, which is 152 percentage points higher than the communication equipment industry average of 17.24%.

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 5.48%, which is -12 percentage points lower than the communication equipment industry average of 17.24%. 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 4.18%, which is -13 percentage points lower than the communication equipment industry average of 17.24%. 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 -3.26% in the last day, and up 0.43% over the last week. Credo Technology Group Holding was the among the top losers in the communication equipment industry, dropping -9.87% yesterday.

Shares of fabless semiconductor companies are trading lower as the industry pulls back from earlier gains, possibly due to pressure from Asia as ChangXin Memory Technologies prepares for its Shanghai STAR Market debut. Industry weakness could result from investors adopting a risk-off stance amid a broader AI-related pullback.

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. Belden (NYSE:BDC)


Belden (NYSE:BDC) 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.

Belden has a valuation score of 43, which is 23 points higher than the communication equipment industry average of 20. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has dropped -19.19% in the past year. It has underperformed other stocks in the communication equipment industry by -77 percentage points.

2. Ericsson LM Telephone Co (NASDAQ:ERIC)


Ericsson LM Telephone Co (NASDAQ:ERIC) 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.

Ericsson LM Telephone Co 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.

Ericsson LM Telephone Co's stock has gained 25.03% in the past year. It has underperformed other stocks in the communication equipment industry by -33 percentage points.

3. Audiocodes (NASDAQ:AUDC)


Audiocodes (NASDAQ:AUDC) 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.

Audiocodes 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.

Audiocodes's stock has dropped -6.35% in the past year. It has underperformed other stocks in the communication equipment industry by -64 percentage points.

Are communication equipment stocks a good buy now?

52.78% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 31.91% over the next year.

15.91% of communication equipment stocks have a Zen Rating of A (Strong Buy), 20.45% of communication equipment stocks are rated B (Buy), 50% are rated C (Hold), 9.09% are rated D (Sell), and 4.55% 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 40.15x.
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.