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

Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Communication Equipment is Zen Rated B and is the 34th ranked industry out of 145 stock market industries

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
KN	KNOWLES CORP	$37.58	$21.05	78.49%	58.72x	28.23x	5.23x	4.12x	0.67x	$73.10M	2.28%	$780.20M	9.14	$3.33B	29.67
ITRN	ITURAN LOCATION & CONTROL LTD	$54.77	$27.56	98.71%	18.08x	15.21x	2.89x	5.23x	1.41x	$71.79M	6.62%	$207.45M	10.47	$981.24M	10.06
AUDC	AUDIOCODES LTD	$9.58	$10.81	-11.39%	38.32x	15.45x	1.03x	1.58x	0.32x	$22.48M	8.86%	$154.10M	5.82	$240.30M	13.26
HPE	HEWLETT PACKARD ENTERPRISE CO	$47.69	$24.34	95.91%	43.35x	13.86x	1.64x	2.50x	0.81x	$4.40B	6.91%	$25.29B	18.95	$79.11B	16.30
CRNT	CERAGON NETWORKS LTD	$2.13	N/A	N/A	-71.00x	15.18x	0.58x	1.13x	N/A	$18.31M	9.48%	$171.50M	1.89	$187.61M	7.55
DGII	DIGI INTERNATIONAL INC	$66.95	$24.23	176.36%	58.22x	26.74x	5.30x	3.79x	1.16x	$126.77M	5.03%	$665.96M	17.69	$2.65B	26.03
HLIT	HARMONIC INC	$11.19	N/A	N/A	-30.24x	17.18x	2.45x	3.42x	N/A	$45.44M	3.70%	$355.15M	3.24	$1.24B	-150.77
EXTR	EXTREME NETWORKS INC	$29.49	$6.17	377.96%	245.75x	22.13x	3.13x	48.84x	1.69x	$105.26M	2.69%	$78.97M	0.59	$3.88B	51.50
BDC	BELDEN INC	$102.76	$74.35	38.21%	17.10x	12.45x	1.43x	3.12x	0.74x	$180.40M	4.52%	$1.28B	33.06	$5.08B	11.30
BKTI	BK TECHNOLOGIES CORP	$77.91	N/A	N/A	20.34x	21.52x	3.30x	6.11x	N/A	$20.83M	7.15%	$47.71M	12.76	$264.17M	14.23
ZBRA	ZEBRA TECHNOLOGIES CORP	$259.92	$147.88	75.76%	31.20x	13.73x	2.22x	3.57x	0.78x	$836.00M	6.75%	$3.47B	72.85	$15.08B	17.05
LTRX	LANTRONIX INC	$5.30	N/A	N/A	-33.13x	18.28x	1.78x	2.83x	N/A	$8.46M	4.02%	$74.47M	1.87	$196.21M	-64.22
CIEN	CIENA CORP	$390.96	$67.39	480.18%	126.52x	58.60x	9.97x	19.13x	2.40x	$832.66M	1.50%	$2.89B	20.38	$55.87B	76.55
VIAV	VIAVI SOLUTIONS INC	$39.52	N/A	N/A	-164.67x	30.16x	6.71x	10.92x	N/A	$48.50M	0.53%	$846.50M	3.65	$9.82B	145.68
ADTN	ADTRAN HOLDINGS INC	$9.85	N/A	N/A	-25.26x	17.42x	0.71x	5.80x	N/A	$67.41M	8.52%	$137.53M	1.71	$952.93M	11.04
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$213.15	$62.12	243.10%	80.43x	34.26x	28.50x	19.26x	1.39x	$407.00M	1.07%	$2.06B	11.56	$38.60B	75.62
OCC	OPTICAL CABLE CORP	$14.41	N/A	N/A	120.08x	N/A	1.62x	8.35x	N/A	-$3.17M	-2.49%	$15.22M	1.73	$137.04M	50.73
CSCO	CISCO SYSTEMS INC	$114.17	$33.06	245.37%	37.93x	26.16x	7.43x	9.21x	2.02x	$11.79B	2.61%	$48.86B	12.36	$474.21B	26.23
PI	IMPINJ INC	$127.55	N/A	N/A	-140.16x	65.90x	10.70x	19.05x	N/A	$61.12M	1.58%	$203.91M	6.73	$4.12B	-507.37
KVHI	KVH INDUSTRIES INC	$9.06	N/A	N/A	-34.85x	55.51x	1.49x	1.34x	N/A	$15.98M	9.13%	$131.53M	6.80	$121.78M	23.68
INSG	INSEEGO CORP	$6.66	N/A	N/A	10.57x	16.74x	0.63x	-4.27x	N/A	$878.00k	0.83%	-$25.42M	-1.58	$142.17M	5.48
VISN	VISTANCE NETWORKS INC	$11.80	N/A	N/A	0.38x	9.52x	2.06x	0.58x	N/A	$236.20M	8.89%	$4.59B	20.40	$151.72M	0.02
SILC	SILICOM LTD	$39.72	N/A	N/A	-20.57x	-44.20x	3.40x	1.95x	N/A	N/A	N/A	$116.02M	20.33	$203.22M	N/A
NOK	NOKIA CORP	$9.10	N/A	N/A	64.54x	N/A	2.23x	2.12x	N/A	$2.28B	4.35%	$24.67B	4.30	$51.39B	37.21
ERIC	ERICSSON LM TELEPHONE CO	$9.34	$6.18	51.05%	10.24x	N/A	1.23x	2.69x	1.83x	$3.14B	10.10%	$11.71B	3.52	$31.10B	7.08
AIRG	AIRGAIN INC	$5.86	N/A	N/A	-10.65x	85.05x	1.41x	2.65x	N/A	-$1.34M	-1.86%	$28.02M	2.28	$71.66M	-20.12
UI	UBIQUITI INC	$525.70	$134.52	290.79%	33.74x	29.62x	10.28x	26.47x	2.96x	$740.98M	2.33%	$1.20B	19.86	$31.50B	27.97
MSI	MOTOROLA SOLUTIONS INC	$417.83	$135.36	208.68%	33.24x	24.37x	5.84x	27.26x	1.84x	$2.49B	3.59%	$2.54B	15.34	$77.93B	22.01
CLFD	CLEARFIELD INC	$30.99	N/A	N/A	-49.98x	56.26x	3.11x	1.73x	N/A	$17.00M	4.01%	$242.81M	17.76	$422.67M	-409.57
GILT	GILAT SATELLITE NETWORKS LTD	$10.73	$6.37	68.56%	30.66x	17.73x	1.41x	1.58x	0.74x	$9.19M	1.44%	$500.28M	8.42	$631.27M	13.41
VSAT	VIASAT INC	$71.70	N/A	N/A	-286.80x	-44.94x	2.08x	2.10x	N/A	$597.11M	6.18%	$4.66B	34.59	$14.92B	8.31
LITE	LUMENTUM HOLDINGS INC	$762.99	$236.56	222.54%	122.08x	41.59x	21.92x	19.96x	1.19x	$153.60M	0.28%	$2.97B	41.59	$60.06B	108.76
AVNW	AVIAT NETWORKS INC	$20.25	$14.42	40.45%	28.93x	7.02x	0.60x	0.96x	0.59x	$11.86M	4.53%	$271.78M	21.04	$290.56M	8.67
AMPG	AMPLITECH GROUP INC	$5.41	N/A	N/A	-18.02x	22.08x	4.87x	2.83x	N/A	-$10.47M	-7.97%	$48.36M	1.99	$129.20M	-28.14
NTGR	NETGEAR INC	$24.93	N/A	N/A	-28.01x	122.21x	1.00x	1.42x	N/A	-$10.94M	-1.57%	$471.16M	16.84	$523.76M	-36.82
AIOT	POWERFLEET INC	$3.73	N/A	N/A	-24.87x	65.32x	1.12x	1.05x	N/A	-$9.55M	-1.90%	$475.49M	3.56	$756.59M	9.46
MOB	MOBILICOM LTD	$4.67	N/A	N/A	-2.46x	-66.62x	17.30x	9.11x	N/A	-$1.38M	-3.32%	$6.26M	0.71	$50.23M	-2.98
ECHO	ECHOSTAR CORP	$87.88	N/A	N/A	-1.75x	-387.14x	1.72x	4.52x	N/A	-$1.46B	-5.77%	$5.63B	19.49	$52.36B	-3.34
FEIM	FREQUENCY ELECTRONICS INC	$72.46	N/A	N/A	-805.11x	67.02x	11.21x	12.68x	N/A	-$1.58M	-0.22%	$56.40M	5.77	$719.90M	471.76
CMTL	COMTECH TELECOMMUNICATIONS CORP	$1.73	N/A	N/A	-0.78x	-2.20x	0.11x	0.99x	N/A	$15.35M	29.54%	$52.49M	1.75	$274.81M	5.40
ONDS	ONDAS INC	$7.80	N/A	N/A	130.00x	16.62x	35.94x	3.60x	N/A	-$86.51M	-2.49%	$1.07B	2.41	$2.83B	11.09
AAOI	APPLIED OPTOELECTRONICS INC	$100.15	N/A	N/A	-158.97x	110.47x	15.01x	7.27x	N/A	-$441.08M	-5.80%	$1.11B	14.56	$7.87B	-487.54
TSAT	TELESAT CORP	$37.47	N/A	N/A	-4.09x	-5.21x	1.97x	1.49x	N/A	-$417.22M	-74.34%	$381.63M	25.48	$3.52B	52.71
ASTS	AST SPACEMOBILE INC	$56.20	N/A	N/A	-31.75x	-39.03x	192.47x	10.49x	N/A	-$1.37B	-8.39%	$2.08B	7.15	$21.35B	-57.85
CHAI	CORE AI HOLDINGS INC	$0.40	N/A	N/A	0.37x	-0.07x	0.20x	-20.84x	N/A	-$2.73M	-34.42%	-$380.44k	-0.02	$6.28M	-0.27
BOXL	BOXLIGHT CORP	$3.55	N/A	N/A	-0.02x	-0.03x	0.02x	-1.18x	N/A	-$3.72M	-206.99%	-$2.01M	-3.97	$36.61M	-4.04
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.34	$2.91	49.07%	9.04x	8.68x	0.65x	1.04x	2.71x	N/A	N/A	$29.48M	4.19	$22.03M	N/A
CLRO	CLEARONE INC	$5.34	N/A	N/A	-0.41x	N/A	6.64x	26.85x	N/A	-$14.52M	-114.10%	$532.00k	0.22	$13.57M	-0.58
FIEE	FIEE INC	$2.75	N/A	N/A	11.96x	N/A	2.63x	2.57x	N/A	$3.37M	15.45%	$8.90M	1.12	$18.34M	5.77
SYNX	SILYNXCOM LTD	$1.06	N/A	N/A	-2.19x	N/A	1.15x	1.29x	N/A	-$2.70M	-40.28%	$5.44M	0.86	$5.15M	-1.88
SONM	DNA X INC	$3.15	N/A	N/A	-0.13x	N/A	-0.24x	-4.77x	N/A	-$17.39M	-436.15%	-$983.00k	-0.78	$4.57M	-0.45
UTSI	UTSTARCOM HOLDINGS CORP	$2.39	N/A	N/A	-2.75x	N/A	2.45x	0.60x	N/A	-$9.24M	-42.09%	$36.50M	3.97	-$17.30M	3.42
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.51	N/A	N/A	-25.50x	N/A	0.27x	1.04x	N/A	-$2.96M	-58.24%	$4.88M	0.49	$3.69M	26.33
FKWL	FRANKLIN WIRELESS CORP	$2.34	N/A	N/A	-39.00x	57.35x	0.79x	0.82x	N/A	-$4.03M	-14.62%	$33.50M	2.84	$19.39M	-72.84

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.

Communication Equipment Stocks FAQ

1. Knowles (NYSE:KN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Audiocodes (NASDAQ:AUDC)

1. Vistance Networks (NASDAQ:VISN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Audiocodes (NASDAQ:AUDC)

1. Belden (NYSE:BDC)

2. Ericsson LM Telephone Co (NASDAQ:ERIC)

3. Audiocodes (NASDAQ:AUDC)

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