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 41st 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
DGII	DIGI INTERNATIONAL INC	$75.61	$27.39	176.08%	58.61x	23.67x	5.64x	4.19x	1.02x	$136.28M	4.77%	$685.15M	18.14	$2.96B	26.23
AUDC	AUDIOCODES LTD	$11.09	$9.82	12.94%	42.65x	17.68x	1.12x	1.87x	0.37x	$21.59M	7.73%	$145.78M	5.79	$262.67M	13.91
HPE	HEWLETT PACKARD ENTERPRISE CO	$69.33	$26.45	162.13%	34.32x	18.10x	2.21x	3.47x	1.17x	$4.57B	4.93%	$26.51B	19.85	$106.06B	16.10
ITRN	ITURAN LOCATION & CONTROL LTD	$52.53	$24.04	118.49%	16.21x	14.37x	2.64x	4.76x	1.64x	$80.49M	7.75%	$218.37M	11.04	$939.13M	9.14
EXTR	EXTREME NETWORKS INC	$23.12	$8.55	170.38%	72.25x	17.37x	2.39x	34.06x	0.95x	$95.24M	3.10%	$88.59M	0.67	$3.00B	30.00
BDC	BELDEN INC	$112.46	$72.04	56.11%	18.05x	12.91x	1.53x	3.17x	0.75x	$212.08M	4.84%	$1.38B	35.54	$5.37B	11.34
OCC	OPTICAL CABLE CORP	$18.24	$6.14	197.18%	62.90x	36.86x	1.95x	10.95x	1.10x	$409.90k	0.25%	$14.73M	1.67	$169.95M	39.89
CRNT	CERAGON NETWORKS LTD	$2.18	N/A	N/A	-54.50x	20.55x	0.57x	1.16x	N/A	$12.97M	6.51%	$172.05M	1.89	$193.00M	8.50
ZBRA	ZEBRA TECHNOLOGIES CORP	$375.86	$144.56	160.00%	34.11x	17.52x	3.04x	5.18x	1.16x	$904.00M	5.08%	$3.44B	72.61	$20.55B	19.48
KN	KNOWLES CORP	$40.05	$13.81	189.91%	51.35x	29.13x	5.40x	4.30x	1.13x	$63.50M	1.85%	$795.50M	9.28	$3.52B	28.35
PI	IMPINJ INC	$189.61	N/A	N/A	-208.36x	87.96x	15.56x	25.02x	N/A	$62.99M	1.09%	$231.59M	7.60	$6.02B	-743.03
HLIT	HARMONIC INC	$11.17	N/A	N/A	-26.60x	15.34x	2.45x	3.38x	N/A	$53.91M	4.44%	$360.35M	3.32	$1.12B	-127.56
AVNW	AVIAT NETWORKS INC	$20.68	$11.18	85.01%	103.40x	7.96x	0.60x	0.99x	0.58x	$6.09M	2.29%	$267.39M	20.81	$291.07M	10.32
CIEN	CIENA CORP	$391.34	$77.61	404.24%	84.71x	54.20x	9.23x	18.16x	2.01x	$814.36M	1.46%	$3.06B	21.52	$56.33B	58.03
LTRX	LANTRONIX INC	$7.19	N/A	N/A	-71.90x	30.43x	2.39x	2.82x	N/A	$9.27M	3.21%	$119.28M	2.97	$275.35M	-315.76
VIAV	VIAVI SOLUTIONS INC	$47.10	N/A	N/A	-362.31x	28.11x	7.12x	8.02x	N/A	$86.80M	0.80%	$1.45B	6.31	$11.61B	110.67
MSI	MOTOROLA SOLUTIONS INC	$447.41	$127.47	250.99%	34.82x	25.04x	6.06x	27.71x	1.88x	$2.68B	3.61%	$2.67B	16.12	$82.81B	22.30
FEIM	FREQUENCY ELECTRONICS INC	$86.03	$8.47	915.25%	344.12x	58.17x	12.08x	8.09x	3.40x	-$184.00k	-0.02%	$119.84M	11.71	$914.06M	147.29
BKTI	BK TECHNOLOGIES CORP	$75.97	$17.08	344.77%	20.87x	20.75x	3.14x	5.51x	43.02x	$17.56M	6.16%	$51.95M	13.85	$257.74M	13.64
AIRG	AIRGAIN INC	$4.61	N/A	N/A	-8.23x	52.15x	1.15x	2.06x	N/A	-$3.19M	-5.38%	$29.31M	2.28	$57.26M	-12.97
CSCO	CISCO SYSTEMS INC	$112.20	$33.23	237.62%	33.39x	21.46x	7.00x	8.80x	1.82x	$12.77B	2.88%	$50.29B	12.72	$464.67B	23.21
CLFD	CLEARFIELD INC	$33.48	N/A	N/A	-65.65x	36.74x	3.50x	1.85x	N/A	$18.52M	4.07%	$245.92M	18.09	$444.62M	-650.03
UI	UBIQUITI INC	$620.52	$130.88	374.12%	39.10x	31.85x	11.47x	26.08x	3.07x	$908.94M	2.42%	$1.44B	23.80	$37.10B	30.81
SILC	SILICOM LTD	$60.03	N/A	N/A	-35.08x	-131.07x	4.55x	3.00x	N/A	N/A	N/A	$114.84M	20.10	$326.32M	N/A
LITE	LUMENTUM HOLDINGS INC	$1,085.42	N/A	N/A	-11.68x	49.75x	26.87x	20.97x	N/A	$342.50M	0.42%	$4.64B	62.25	$96.99B	-14.09
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$218.64	$61.25	256.97%	73.86x	34.02x	25.56x	15.06x	1.33x	$438.60M	1.08%	$2.73B	14.67	$40.65B	68.97
NOK	NOKIA CORP	$10.60	N/A	N/A	75.18x	N/A	2.60x	2.47x	N/A	$2.28B	3.74%	$24.67B	4.30	$60.01B	43.45
ADTN	ADTRAN HOLDINGS INC	$7.04	N/A	N/A	-25.14x	23.87x	0.50x	4.43x	N/A	$40.18M	7.05%	$129.50M	1.60	$737.06M	7.56
ERIC	ERICSSON LM TELEPHONE CO	$9.29	$5.63	65.04%	10.19x	N/A	1.22x	2.67x	1.82x	$3.14B	10.15%	$11.71B	3.52	$30.93B	7.04
GILT	GILAT SATELLITE NETWORKS LTD	$10.03	$5.29	89.57%	21.80x	15.36x	1.56x	1.42x	0.91x	-$3.35M	-0.44%	$544.61M	7.19	$637.13M	11.86
VISN	VISTANCE NETWORKS INC	$6.21	N/A	N/A	0.19x	5.16x	6.33x	0.57x	N/A	$86.90M	6.17%	$2.51B	11.04	$1.32B	0.19
NTGR	NETGEAR INC	$23.56	N/A	N/A	-25.06x	81.05x	0.92x	1.40x	N/A	-$17.26M	-2.71%	$456.43M	16.88	$501.55M	-37.41
AAOI	APPLIED OPTOELECTRONICS INC	$115.59	N/A	N/A	-154.12x	151.59x	15.82x	5.86x	N/A	-$900.45M	-9.55%	$1.67B	20.45	$9.57B	-393.34
MOB	MOBILICOM LTD	$4.21	N/A	N/A	N/A	-108.79x	21.05x	6.72x	N/A	-$3.91M	-7.22%	$8.07M	0.63	$47.30M	N/A
VSAT	VIASAT INC	$72.00	N/A	N/A	-342.86x	-41.52x	2.13x	2.14x	N/A	$578.29M	5.86%	$4.64B	33.84	$15.05B	8.49
AIOT	POWERFLEET INC	$2.81	N/A	N/A	-20.07x	-47.47x	0.84x	0.78x	N/A	-$2.98M	-0.78%	$482.59M	3.60	$636.07M	7.63
CMTL	COMTECH TELECOMMUNICATIONS CORP	$1.32	N/A	N/A	-0.60x	-1.75x	0.09x	0.75x	N/A	$15.35M	38.71%	$52.49M	1.75	$262.53M	5.16
CLRO	CLEARONE INC	$4.08	N/A	N/A	-0.38x	N/A	N/A	-28.65x	N/A	-$14.43M	-132.16%	-$381.00k	-0.14	$10.89M	-0.54
INSG	INSEEGO CORP	$4.61	N/A	N/A	32.93x	-6.70x	0.44x	-2.48x	N/A	-$19.90M	-26.46%	-$30.56M	-1.87	$136.49M	52.42
TSAT	TELESAT CORP	$48.00	N/A	N/A	-2.70x	-3.76x	2.81x	2.70x	N/A	-$408.42M	-55.91%	$270.35M	17.76	$4.14B	-55.36
AMPG	AMPLITECH GROUP INC	$3.05	N/A	N/A	-9.24x	-11.50x	3.23x	1.96x	N/A	-$14.19M	-18.30%	$46.75M	1.84	$86.67M	-15.52
ASTS	AST SPACEMOBILE INC	$58.45	N/A	N/A	-27.44x	-29.08x	151.42x	12.01x	N/A	-$1.74B	-9.93%	$1.89B	6.33	$23.02B	-48.90
ONDS	ONDAS INC	$7.24	N/A	N/A	-181.00x	31.78x	20.80x	2.63x	N/A	-$171.95M	-4.74%	$1.57B	3.14	$3.47B	20.90
FIEE	FIEE INC	$3.67	N/A	N/A	6.80x	N/A	2.37x	2.78x	N/A	$2.86M	9.21%	$11.28M	1.33	$25.86M	3.81
NUR	NURAN WIRELESS INC	$0.88	N/A	N/A	N/A	N/A	N/A	72.26x	N/A	N/A	N/A	$159.34k	0.01	$21.90M	N/A
SONM	DNA X INC	$4.08	N/A	N/A	-0.40x	N/A	-0.20x	-4.93x	N/A	-$14.51M	-263.16%	-$1.23M	-0.91	$7.57M	-1.53
SYNX	SILYNXCOM LTD	$1.01	N/A	N/A	-3.14x	N/A	0.69x	1.34x	N/A	-$803.00k	-11.98%	$5.00M	0.75	$5.21M	-2.91
FKWL	FRANKLIN WIRELESS CORP	$2.39	N/A	N/A	-5.98x	58.58x	0.77x	0.96x	N/A	-$6.83M	-24.23%	$29.31M	2.49	$15.80M	-3.70
CHAI	CORE AI HOLDINGS INC	$0.29	N/A	N/A	0.10x	-0.05x	0.11x	4.01x	N/A	$5.88M	97.19%	$1.75M	0.08	-$1.54M	0.07
UTSI	UTSTARCOM HOLDINGS CORP	$2.24	N/A	N/A	-2.22x	N/A	2.67x	0.67x	N/A	-$9.61M	-46.61%	$30.76M	3.34	-$12.81M	1.95
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.63	N/A	N/A	8.57x	8.61x	0.65x	1.06x	N/A	$3.35M	10.24%	$30.88M	4.38	$24.40M	6.24
BOXL	BOXLIGHT CORP	$4.74	N/A	N/A	-0.03x	-0.04x	0.03x	-2.22x	N/A	-$7.73M	-287.47%	-$1.42M	-2.51	$39.63M	-6.73
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.58	N/A	N/A	-19.27x	N/A	0.33x	1.25x	N/A	-$2.52M	-43.77%	$4.61M	0.46	$3.48M	579.56

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Oct 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. Digi International (NASDAQ:DGII)

Digi International (NASDAQ:DGII) is the #1 top communication equipment stock out of 53 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 Digi International (NASDAQ:DGII) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: B, Financials: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 38, which is 5 points higher than the communication equipment industry average of 33.

DGII passed 13 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 104.96% over the past year, overperforming other communication equipment stocks by 55 percentage points.

Digi International has an average 1 year price target of $82.33, an upside of 8.89% from Digi International's current stock price of $75.61.

Digi International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Digi International, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) is the #2 top communication equipment stock out of 53 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: B, Sentiment: A, Safety: B, Financials: B, and AI: C.

Audiocodes (NASDAQ:AUDC) has a Due Diligence Score of 34, which is 1 points higher than the communication equipment industry average of 33.

AUDC passed 13 out of 38 due diligence checks and has average fundamentals. Audiocodes has seen its stock return 14.09% over the past year, underperforming other communication equipment stocks by -36 percentage points.

3. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) is the #3 top communication equipment stock out of 53 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: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 54, which is 21 points higher than the communication equipment industry average of 33.

HPE passed 20 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 183.21% over the past year, overperforming other communication equipment stocks by 133 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $71.21, an upside of 2.71% from Hewlett Packard Enterprise Co's current stock price of $69.33.

Hewlett Packard Enterprise Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Hewlett Packard Enterprise Co, 52.63% have issued a Strong Buy rating, 10.53% have issued a Buy, 36.84% 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 161.03%, which is 145 percentage points higher than the communication equipment industry average of 16.4%.

Vistance Networks's dividend payout ratio of 62.1% 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 5.71%, which is -11 percentage points lower than the communication equipment industry average of 16.4%. 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 92.6% 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 3.61%, which is -13 percentage points lower than the communication equipment industry average of 16.4%. 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 153.8% indicates that its dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 2.74% in the last day, and up 6.91% over the last week. Hewlett Packard Enterprise Co was the among the top gainers in the communication equipment industry, gaining 7.36% yesterday.

Hewlett Packard Enterprise shares are trading higher after Daiwa Capital upgraded the stock from Neutral to Outperform and raised its price target from $65 to $75.

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 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 dropped -4.26% in the past year. It has underperformed other stocks in the communication equipment industry by -55 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 43, which is 22 points higher than the communication equipment industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 14.09% in the past year. It has underperformed other stocks in the communication equipment industry by -36 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 71, which is 50 points higher than the communication equipment industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 11.26% in the past year. It has underperformed other stocks in the communication equipment industry by -39 percentage points.

Are communication equipment stocks a good buy now?

50% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 17.03% over the next year.

16.28% of communication equipment stocks have a Zen Rating of A (Strong Buy), 20.93% of communication equipment stocks are rated B (Buy), 39.53% are rated C (Hold), 11.63% are rated D (Sell), and 11.63% 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 22.44x.

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. Digi International (NASDAQ:DGII)

2. Audiocodes (NASDAQ:AUDC)

3. Hewlett Packard Enterprise Co (NYSE:HPE)

1. Vistance Networks (NASDAQ:VISN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Audiocodes (NASDAQ:AUDC)

1. Belden (NYSE:BDC)

2. Audiocodes (NASDAQ:AUDC)

3. Ericsson LM Telephone Co (NASDAQ:ERIC)

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