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 +32.52% 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 A and is the 26th 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	$24.20	$24.60	-1.63%	47.45x	18.95x	3.52x	2.65x	0.39x	$81.90M	3.92%	$775.80M	8.98	$2.13B	20.75
DGII	DIGI INTERNATIONAL INC	$47.79	$25.27	89.13%	42.29x	20.28x	3.98x	2.77x	0.88x	$111.66M	6.25%	$649.20M	17.38	$1.91B	20.06
ITRN	ITURAN LOCATION & CONTROL LTD	$48.59	$26.67	82.16%	16.64x	14.75x	2.69x	4.43x	1.61x	$67.70M	7.01%	$217.56M	10.95	$861.22M	9.17
LTRX	LANTRONIX INC	$5.42	N/A	N/A	-23.57x	32.53x	1.83x	2.89x	N/A	$9.64M	4.50%	$74.42M	1.88	$201.84M	-42.60
ERIC	ERICSSON LM TELEPHONE CO	$11.18	$6.80	64.37%	12.26x	N/A	1.47x	3.22x	2.20x	$3.14B	8.43%	$11.71B	3.52	$37.30B	8.49
BKTI	BK TECHNOLOGIES CORP	$76.83	$120.10	-36.03%	20.82x	18.06x	3.28x	6.51x	0.27x	$16.31M	5.78%	$44.70M	12.17	$269.63M	15.29
EXTR	EXTREME NETWORKS INC	$14.71	$4.74	210.06%	210.14x	14.47x	1.62x	20.59x	1.18x	$121.74M	6.18%	$95.91M	0.72	$1.97B	29.65
ADTN	ADTRAN HOLDINGS INC	$11.46	N/A	N/A	-22.04x	23.28x	0.84x	6.34x	N/A	$98.03M	10.72%	$145.83M	1.83	$1.07B	15.07
CIEN	CIENA CORP	$383.89	$49.78	671.14%	238.44x	70.52x	10.61x	19.44x	3.29x	$742.21M	1.36%	$2.79B	19.71	$54.74B	107.92
AUDC	AUDIOCODES LTD	$8.33	$12.05	-30.88%	26.87x	12.36x	0.97x	1.33x	0.28x	$22.89M	9.64%	$171.30M	6.01	$221.09M	12.10
BDC	BELDEN INC	$112.37	$72.83	54.29%	18.73x	14.14x	1.64x	3.44x	0.99x	$218.69M	4.91%	$1.26B	31.93	$5.34B	12.07
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$103.40	$39.13	164.22%	53.85x	32.51x	17.64x	10.32x	1.27x	$283.69M	1.51%	$1.85B	10.15	$17.86B	48.09
UI	UBIQUITI INC	$765.27	$148.46	415.48%	52.09x	46.15x	15.58x	45.61x	3.97x	$699.50M	1.51%	$1.02B	16.79	$46.12B	43.34
HPE	HEWLETT PACKARD ENTERPRISE CO	$21.69	N/A	N/A	-127.59x	9.12x	0.81x	1.16x	N/A	$2.52B	8.70%	$24.77B	18.57	$45.55B	16.91
FIEE	FIEE INC	$6.62	N/A	N/A	55.17x	N/A	6.01x	7.97x	N/A	$3.45M	9.27%	$6.59M	1.17	$49.47M	24.48
AVNW	AVIAT NETWORKS INC	$25.07	$24.68	1.58%	21.99x	10.21x	0.72x	1.19x	0.48x	$16.08M	4.99%	$271.61M	21.13	$345.35M	8.48
CSCO	CISCO SYSTEMS INC	$77.65	$35.66	117.78%	27.83x	18.33x	5.20x	6.43x	1.34x	$12.24B	3.99%	$47.72B	12.07	$329.34B	19.37
VIAV	VIAVI SOLUTIONS INC	$31.44	N/A	N/A	-174.67x	36.84x	5.66x	8.72x	N/A	$81.00M	1.15%	$834.30M	3.73	$7.78B	158.77
OCC	OPTICAL CABLE CORP	$7.00	N/A	N/A	-77.78x	N/A	0.84x	3.41x	N/A	-$499.31k	-0.81%	$18.13M	2.05	$68.82M	69.29
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.96	$9.13	-45.68%	9.02x	N/A	0.63x	1.22x	0.28x	N/A	N/A	$25.23M	4.09	$25.33M	N/A
MSI	MOTOROLA SOLUTIONS INC	$452.35	$141.38	219.96%	34.98x	26.69x	6.45x	31.09x	2.26x	$2.57B	3.41%	$2.41B	14.47	$83.40B	23.61
VSAT	VIASAT INC	$46.39	N/A	N/A	-17.77x	-43.31x	1.36x	1.38x	N/A	$623.88M	9.91%	$4.57B	33.66	$11.67B	7.92
KVHI	KVH INDUSTRIES INC	$8.01	N/A	N/A	-21.08x	37.39x	1.40x	1.19x	N/A	$24.81M	15.97%	$130.98M	6.75	$90.50M	28.44
SILC	SILICOM LTD	$18.14	N/A	N/A	-9.02x	-14.08x	1.67x	0.88x	N/A	-$3.96M	-3.82%	$117.49M	20.59	$74.62M	-8.27
GILT	GILAT SATELLITE NETWORKS LTD	$16.25	$6.82	138.37%	46.43x	31.86x	2.14x	2.40x	1.17x	$9.19M	0.95%	$500.28M	8.42	$1.04B	22.06
ZBRA	ZEBRA TECHNOLOGIES CORP	$203.62	$162.39	25.39%	24.71x	11.22x	1.86x	2.79x	0.61x	$831.00M	8.30%	$3.59B	72.94	$12.55B	14.71
CLFD	CLEARFIELD INC	$27.77	N/A	N/A	-56.67x	50.42x	2.58x	1.52x	N/A	$19.48M	5.06%	$249.65M	18.00	$374.24M	205.52
HLIT	HARMONIC INC	$9.00	N/A	N/A	-23.68x	15.65x	2.84x	2.59x	N/A	$96.89M	9.47%	$383.25M	3.37	$1.00B	-48.17
PI	IMPINJ INC	$98.11	N/A	N/A	-265.16x	50.76x	7.96x	14.18x	N/A	$45.89M	1.60%	$209.23M	7.15	$3.22B	379.46
NOK	NOKIA CORP	$7.98	N/A	N/A	56.60x	N/A	1.96x	1.86x	N/A	$2.28B	4.96%	$24.67B	4.30	$44.96B	32.55
INSG	INSEEGO CORP	$10.98	N/A	N/A	-61.00x	-230.67x	1.00x	-44.04x	N/A	-$2.08M	-1.26%	-$4.04M	-0.27	$197.72M	14.04
LITE	LUMENTUM HOLDINGS INC	$706.35	$115.64	510.82%	195.12x	94.94x	23.86x	59.57x	2.59x	$18.50M	0.04%	$846.60M	11.91	$53.10B	164.80
AMPG	AMPLITECH GROUP INC	$2.63	N/A	N/A	-5.16x	6.61x	2.40x	1.52x	N/A	-$7.37M	-13.61%	$35.82M	1.74	$50.19M	-8.21
CRNT	CERAGON NETWORKS LTD	$2.14	N/A	N/A	-107.00x	12.91x	0.57x	1.12x	N/A	$14.13M	7.34%	$172.75M	1.92	$191.88M	8.89
VISN	VISTANCE NETWORKS INC	$17.72	N/A	N/A	1.76x	17.46x	2.01x	-3.98x	N/A	$262.60M	6.75%	-$1.00B	-4.57	$10.50B	4.58
AIOT	POWERFLEET INC	$2.79	N/A	N/A	-11.63x	-19.82x	0.86x	0.77x	N/A	-$7.88M	-2.11%	$485.03M	3.62	$628.39M	9.52
ONDS	ONDAS INC	$10.06	N/A	N/A	-24.54x	-82.46x	105.89x	7.63x	N/A	-$34.64M	-1.32%	$486.08M	1.87	$3.29B	-111.70
AAOI	APPLIED OPTOELECTRONICS INC	$87.54	N/A	N/A	-136.78x	92.68x	11.56x	8.97x	N/A	-$384.65M	-7.30%	$733.92M	12.20	$6.61B	-426.47
MOB	MOBILICOM LTD	$5.53	N/A	N/A	N/A	N/A	22.57x	14.70x	N/A	-$2.42M	-5.82%	$3.12M	0.41	$41.65M	N/A
NTGR	NETGEAR INC	$20.84	N/A	N/A	-33.08x	75.67x	0.85x	1.18x	N/A	-$18.91M	-3.17%	$497.82M	17.40	$416.99M	-47.49
CMTL	COMTECH TELECOMMUNICATIONS CORP	$3.62	N/A	N/A	-1.62x	-3.70x	0.23x	1.64x	N/A	$14.51M	13.45%	$65.61M	2.20	$327.24M	4.01
SATS	ECHOSTAR CORP	$109.84	N/A	N/A	-2.18x	-29.80x	2.11x	5.50x	N/A	-$1.74B	-5.51%	$5.77B	20.05	$59.79B	-3.79
BOXL	BOXLIGHT CORP	$1.07	N/A	N/A	-0.01x	-0.07x	0.01x	-0.05x	N/A	-$543.00k	-87.94%	-$19.46M	-33.73	$33.69M	-25.85
TSAT	TELESAT CORP	$37.06	N/A	N/A	-4.75x	-2.74x	1.77x	1.41x	N/A	-$410.22M	-75.60%	$390.31M	26.66	$3.37B	31.91
FEIM	FREQUENCY ELECTRONICS INC	$40.38	$11.27	258.36%	55.32x	44.99x	5.83x	6.60x	1.95x	-$3.82M	-0.97%	$60.24M	6.15	$404.07M	44.56
ASTS	AST SPACEMOBILE INC	$89.93	N/A	N/A	-67.11x	-100.93x	324.66x	18.66x	N/A	-$1.19B	-5.18%	$1.84B	7.19	$33.81B	-134.79
ASNS	ACTELIS NETWORKS INC	$0.31	N/A	N/A	-0.05x	-0.45x	0.12x	1.72x	N/A	-$7.70M	-1,718.51%	$4.80M	3.30	$4.89M	-0.61
AIRG	AIRGAIN INC	$4.77	N/A	N/A	-8.83x	81.26x	1.09x	2.06x	N/A	-$1.50M	-2.66%	$28.29M	2.39	$55.65M	-20.96
FKWL	FRANKLIN WIRELESS CORP	$3.54	$2.15	64.66%	177.00x	38.56x	1.05x	1.19x	0.61x	-$9.97M	-23.90%	$35.13M	2.98	$33.55M	38.63
CLRO	CLEARONE INC	$4.41	N/A	N/A	-0.33x	N/A	1.06x	2.21x	N/A	-$6.16M	-80.54%	$3.46M	2.00	$7.45M	-0.33
UTSI	UTSTARCOM HOLDINGS CORP	$2.49	N/A	N/A	-3.72x	N/A	2.33x	0.54x	N/A	-$6.60M	-29.00%	$42.21M	4.61	-$23.19M	5.70
CHAI	CORE AI HOLDINGS INC	$1.23	N/A	N/A	0.00x	-0.22x	0.55x	0.34x	N/A	-$13.23M	-348.70%	$11.03M	3.57	$2.74M	-0.23
SYNX	SILYNXCOM LTD	$1.12	N/A	N/A	N/A	N/A	1.12x	1.01x	N/A	-$2.58M	-38.57%	$6.60M	1.10	$4.21M	-1.34
SONM	DNA X INC	$3.35	N/A	N/A	-0.03x	N/A	0.06x	-4.92x	N/A	-$26.04M	-789.16%	-$701.00k	-0.71	$6.38M	-0.22
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.62	N/A	N/A	-20.60x	N/A	0.33x	1.23x	N/A	-$1.40M	-22.82%	$5.00M	0.50	$3.27M	112.76

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Mar 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: A, and AI: C.

Knowles (NYSE:KN) has a Due Diligence Score of 48, which is 18 points higher than the communication equipment industry average of 30.

KN passed 15 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 50.22% over the past year, underperforming other communication equipment stocks by -40 percentage points.

Knowles has an average 1 year price target of $23.00, a downside of -4.96% from Knowles's current stock price of $24.20.

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: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 44, which is 14 points higher than the communication equipment industry average of 30.

DGII passed 14 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 63.5% over the past year, underperforming other communication equipment stocks by -27 percentage points.

Digi International has an average 1 year price target of $48.80, an upside of 2.11% from Digi International's current stock price of $47.79.

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. Ituran Location & Control (NASDAQ:ITRN)

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

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 52, which is 22 points higher than the communication equipment industry average of 30.

ITRN passed 18 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 31.61% over the past year, underperforming other communication equipment stocks by -59 percentage points.

Ituran Location & Control has an average 1 year price target of $62.50, an upside of 28.63% from Ituran Location & Control's current stock price of $48.59.

Ituran Location & Control stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 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.

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. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) has an annual dividend yield of 4.8%, which is 3 percentage points higher than the communication equipment industry average of 1.76%. 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 122.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) has an annual dividend yield of 3.09%, which is 1 percentage points higher than the communication equipment industry average of 1.76%. 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 68.5% indicates that its dividend yield is sustainable for the long-term.

3. Ericsson LM Telephone Co (NASDAQ:ERIC)

Ericsson LM Telephone Co (NASDAQ:ERIC) has an annual dividend yield of 2.5%, which is 1 percentage points higher than the communication equipment industry average of 1.76%. 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 down?

Communication equipment stocks were down -4.71% in the last day, and up 2.36% over the last week. Ondas was the among the top losers in the communication equipment industry, dropping -6.43% yesterday.

Ondas shares are trading lower after the company reported revised preliminary Q4, FY25 financial results.

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 57, which is 36 points higher than the communication equipment industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Aviat Networks's stock has gained 26.3% in the past year. It has underperformed other stocks in the communication equipment industry by -64 percentage points.

2. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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.

Audiocodes has a valuation score of 86, which is 65 points higher than the communication equipment industry average of 21. It passed 6 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -16.95% in the past year. It has underperformed other stocks in the communication equipment industry by -107 percentage points.

3. Belden (NYSE:BDC)

Belden (NYSE:BDC) 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.

Belden has a valuation score of 57, which is 36 points higher than the communication equipment industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Belden's stock has gained 9.33% in the past year. It has underperformed other stocks in the communication equipment industry by -81 percentage points.

Are communication equipment stocks a good buy now?

54.05% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 6.85% over the next year.

15.22% of communication equipment stocks have a Zen Rating of A (Strong Buy), 19.57% of communication equipment stocks are rated B (Buy), 50% are rated C (Hold), 15.22% are rated D (Sell), and 0% 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 40.7x.

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.