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 42nd 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	$85.12	$24.32	250.00%	65.98x	34.00x	6.35x	4.71x	1.55x	$136.28M	4.24%	$685.15M	18.14	$3.32B	29.43
ITRN	ITURAN LOCATION & CONTROL LTD	$53.39	$26.37	102.45%	16.48x	14.83x	2.68x	4.83x	1.74x	$80.49M	7.63%	$218.37M	11.04	$956.14M	9.30
BDC	BELDEN INC	$135.90	$74.19	83.17%	21.81x	16.47x	1.85x	3.84x	1.03x	$212.08M	4.01%	$1.38B	35.54	$6.28B	13.27
AUDC	AUDIOCODES LTD	$10.37	$10.77	-3.68%	39.88x	16.72x	1.05x	1.75x	0.36x	$21.59M	8.26%	$145.78M	5.79	$244.96M	12.97
EXTR	EXTREME NETWORKS INC	$24.41	$6.26	289.63%	203.42x	18.31x	2.59x	40.43x	1.40x	$105.26M	3.24%	$78.97M	0.59	$3.22B	42.69
HPE	HEWLETT PACKARD ENTERPRISE CO	$58.71	$24.75	137.21%	53.37x	17.06x	2.02x	3.07x	0.99x	$4.40B	5.62%	$25.29B	18.95	$93.70B	19.31
VIAV	VIAVI SOLUTIONS INC	$43.54	N/A	N/A	-334.92x	33.23x	6.58x	7.42x	N/A	$86.80M	0.87%	$1.45B	6.31	$10.73B	102.29
CRNT	CERAGON NETWORKS LTD	$2.20	N/A	N/A	-55.00x	15.68x	0.58x	1.17x	N/A	$12.97M	6.45%	$172.05M	1.89	$194.83M	8.58
ZBRA	ZEBRA TECHNOLOGIES CORP	$376.03	$154.16	143.92%	34.12x	19.86x	3.04x	5.18x	1.24x	$904.00M	5.08%	$3.44B	72.61	$20.56B	19.49
KN	KNOWLES CORP	$38.51	$15.41	149.92%	49.37x	28.01x	5.20x	4.13x	1.09x	$63.50M	1.92%	$795.50M	9.28	$3.39B	27.29
HLIT	HARMONIC INC	$13.92	N/A	N/A	-37.62x	21.37x	3.05x	4.25x	N/A	$45.44M	2.97%	$355.15M	3.24	$1.53B	-186.89
CIEN	CIENA CORP	$428.77	$68.42	526.65%	138.76x	64.26x	10.93x	20.99x	2.63x	$832.66M	1.37%	$2.89B	20.38	$61.22B	83.88
PI	IMPINJ INC	$172.65	N/A	N/A	-189.73x	88.96x	14.16x	22.78x	N/A	$62.99M	1.20%	$231.59M	7.60	$5.50B	-679.08
CSCO	CISCO SYSTEMS INC	$111.68	$33.57	232.72%	37.10x	25.59x	7.27x	9.01x	1.98x	$11.79B	2.67%	$48.86B	12.36	$464.40B	25.69
BKTI	BK TECHNOLOGIES CORP	$74.00	N/A	N/A	20.33x	20.44x	3.06x	5.37x	N/A	$17.56M	6.33%	$51.95M	13.85	$250.31M	13.25
LTRX	LANTRONIX INC	$6.47	N/A	N/A	-40.44x	22.32x	2.17x	3.46x	N/A	$8.46M	3.29%	$74.47M	1.87	$242.79M	-79.47
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$259.90	$63.39	310.00%	98.08x	41.82x	34.76x	23.49x	1.69x	$407.00M	0.88%	$2.06B	11.56	$47.32B	92.70
AIRG	AIRGAIN INC	$5.51	N/A	N/A	-9.84x	79.97x	1.38x	2.46x	N/A	-$3.19M	-4.50%	$29.31M	2.28	$69.05M	-15.64
OCC	OPTICAL CABLE CORP	$17.80	N/A	N/A	148.33x	N/A	2.00x	10.32x	N/A	-$3.17M	-2.02%	$15.22M	1.73	$166.96M	61.81
MSI	MOTOROLA SOLUTIONS INC	$466.51	$136.91	240.74%	36.30x	27.21x	6.32x	28.89x	2.11x	$2.68B	3.46%	$2.67B	16.12	$85.97B	23.15
SILC	SILICOM LTD	$49.50	N/A	N/A	-28.93x	-55.09x	3.75x	2.46x	N/A	N/A	N/A	$114.84M	20.10	$264.09M	N/A
CLFD	CLEARFIELD INC	$28.79	N/A	N/A	-56.45x	52.27x	3.01x	1.59x	N/A	$18.52M	4.73%	$245.92M	18.09	$380.91M	-556.88
LITE	LUMENTUM HOLDINGS INC	$926.14	$240.19	285.58%	148.18x	50.38x	26.61x	24.23x	1.44x	$153.60M	0.23%	$2.97B	41.59	$72.75B	131.75
ERIC	ERICSSON LM TELEPHONE CO	$10.27	$6.28	63.57%	11.26x	N/A	1.35x	2.96x	2.02x	$3.14B	9.18%	$11.71B	3.52	$34.23B	7.79
ADTN	ADTRAN HOLDINGS INC	$8.40	N/A	N/A	-30.00x	15.72x	0.60x	5.29x	N/A	$40.18M	5.90%	$129.50M	1.60	$847.87M	8.69
NOK	NOKIA CORP	$10.76	N/A	N/A	76.31x	N/A	2.64x	2.50x	N/A	$2.28B	3.68%	$24.67B	4.30	$60.92B	44.11
UI	UBIQUITI INC	$572.80	$136.59	319.35%	36.77x	32.27x	11.20x	28.84x	3.23x	$740.98M	2.14%	$1.20B	19.86	$34.35B	30.50
GILT	GILAT SATELLITE NETWORKS LTD	$11.51	$6.00	91.96%	25.02x	19.02x	1.79x	1.63x	1.02x	-$3.35M	-0.38%	$544.61M	7.19	$751.10M	13.98
MOB	MOBILICOM LTD	$6.10	N/A	N/A	-3.21x	-87.02x	22.59x	11.91x	N/A	-$1.38M	-2.54%	$6.26M	0.71	$67.70M	-4.01
AVNW	AVIAT NETWORKS INC	$22.15	$14.64	51.30%	31.64x	7.68x	0.66x	1.05x	0.65x	$11.86M	4.14%	$271.78M	21.04	$315.15M	9.41
AAOI	APPLIED OPTOELECTRONICS INC	$150.28	N/A	N/A	-200.37x	165.76x	20.57x	7.62x	N/A	-$900.45M	-7.35%	$1.67B	20.45	$12.50B	-513.96
NTGR	NETGEAR INC	$24.15	N/A	N/A	-25.69x	118.38x	0.94x	1.44x	N/A	-$17.26M	-2.64%	$456.43M	16.88	$517.58M	-38.61
AMPG	AMPLITECH GROUP INC	$4.00	N/A	N/A	-13.32x	16.32x	3.60x	2.09x	N/A	-$10.47M	-10.79%	$48.36M	1.99	$93.48M	-20.36
VISN	VISTANCE NETWORKS INC	$11.53	N/A	N/A	0.36x	9.30x	11.75x	1.06x	N/A	$86.90M	3.32%	$2.51B	11.04	$2.55B	0.37
FEIM	FREQUENCY ELECTRONICS INC	$78.73	N/A	N/A	-874.78x	72.82x	12.18x	13.78x	N/A	-$1.58M	-0.20%	$56.40M	5.77	$781.79M	512.31
AIOT	POWERFLEET INC	$3.11	N/A	N/A	-22.21x	54.47x	0.93x	0.87x	N/A	-$2.98M	-0.71%	$482.59M	3.60	$676.34M	8.11
CMTL	COMTECH TELECOMMUNICATIONS CORP	$1.76	N/A	N/A	-0.80x	-2.18x	0.12x	1.00x	N/A	$15.35M	29.03%	$52.49M	1.75	$275.71M	5.41
VSAT	VIASAT INC	$82.87	N/A	N/A	-394.62x	-51.95x	2.46x	2.46x	N/A	$578.29M	5.09%	$4.64B	33.84	$16.54B	9.33
INSG	INSEEGO CORP	$4.69	$7.47	-37.23%	33.50x	11.79x	0.44x	-2.52x	0.22x	-$19.90M	-26.01%	-$30.56M	-1.87	$137.81M	52.92
TSAT	TELESAT CORP	$50.64	N/A	N/A	-2.85x	-7.20x	2.97x	2.85x	N/A	-$408.42M	-52.99%	$270.35M	17.76	$4.18B	-55.90
ASTS	AST SPACEMOBILE INC	$70.98	N/A	N/A	-33.32x	-47.99x	183.89x	14.58x	N/A	-$1.74B	-8.18%	$1.89B	6.33	$27.89B	-59.25
ONDS	ONDAS INC	$9.24	N/A	N/A	-231.00x	16.41x	26.55x	3.36x	N/A	-$171.95M	-3.71%	$1.57B	3.14	$4.61B	27.76
FIEE	FIEE INC	$5.00	N/A	N/A	21.74x	N/A	4.78x	4.68x	N/A	$3.37M	8.50%	$8.90M	1.12	$37.08M	11.66
SONM	DNA X INC	$3.49	N/A	N/A	-0.15x	N/A	-0.26x	-5.28x	N/A	-$17.39M	-394.23%	-$983.00k	-0.78	$5.07M	-0.50
CLRO	CLEARONE INC	$5.22	N/A	N/A	-0.40x	N/A	6.49x	26.25x	N/A	-$14.52M	-116.72%	$532.00k	0.22	$13.25M	-0.57
SYNX	SILYNXCOM LTD	$1.07	N/A	N/A	-2.21x	N/A	1.16x	1.30x	N/A	-$2.70M	-39.91%	$5.44M	0.86	$5.22M	-1.90
UTSI	UTSTARCOM HOLDINGS CORP	$2.47	N/A	N/A	-2.84x	N/A	2.53x	0.62x	N/A	-$9.24M	-40.73%	$36.50M	3.97	-$16.57M	3.28
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.55	N/A	N/A	-27.50x	N/A	0.29x	1.12x	N/A	-$2.96M	-54.00%	$4.88M	0.49	$4.08M	29.17
FKWL	FRANKLIN WIRELESS CORP	$2.43	N/A	N/A	-40.50x	59.56x	0.82x	0.85x	N/A	-$4.03M	-14.07%	$33.50M	2.84	$20.45M	-76.82
CHAI	CORE AI HOLDINGS INC	$0.30	N/A	N/A	0.27x	-0.05x	0.15x	-15.45x	N/A	-$2.73M	-46.44%	-$380.44k	-0.02	$4.22M	-0.18
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.56	$2.96	54.25%	9.50x	9.12x	0.68x	1.09x	2.84x	N/A	N/A	$29.48M	4.19	$23.58M	N/A
BOXL	BOXLIGHT CORP	$6.95	N/A	N/A	-0.03x	-0.07x	0.03x	-2.30x	N/A	-$3.72M	-105.73%	-$2.01M	-3.97	$38.88M	-4.29

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Aug 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 52 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: A, Sentiment: A, Safety: B, Financials: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 33, which is 2 points higher than the communication equipment industry average of 31.

DGII passed 11 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 159.04% over the past year, overperforming other communication equipment stocks by 81 percentage points.

Digi International has an average 1 year price target of $82.33, a downside of -3.27% from Digi International's current stock price of $85.12.

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. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) is the #2 top communication equipment stock out of 52 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: C, Sentiment: C, Safety: C, Financials: A, and AI: A.

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 54, which is 23 points higher than the communication equipment industry average of 31.

ITRN passed 20 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 29.49% over the past year, underperforming other communication equipment stocks by -48 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, an upside of 13.63% from Ituran Location & Control's current stock price of $53.39.

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. Belden (NYSE:BDC)

Belden (NYSE:BDC) is the #3 top communication equipment stock out of 52 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 Belden (NYSE:BDC) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.

Belden (NYSE:BDC) has a Due Diligence Score of 32, which is 1 points higher than the communication equipment industry average of 31.

BDC passed 12 out of 38 due diligence checks and has average fundamentals. Belden has seen its stock return 8.21% over the past year, underperforming other communication equipment stocks by -69 percentage points.

Belden has an average 1 year price target of $150.00, an upside of 10.38% from Belden's current stock price of $135.90.

Belden stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Belden, 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 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 86.73%, which is 77 percentage points higher than the communication equipment industry average of 9.44%.

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 5.62%, which is -4 percentage points lower than the communication equipment industry average of 9.44%. 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. Ericsson LM Telephone Co (NASDAQ:ERIC)

Ericsson LM Telephone Co (NASDAQ:ERIC) has an annual dividend yield of 3.06%, which is -6 percentage points lower than the communication equipment industry average of 9.44%. Ericsson LM Telephone Co's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Ericsson LM Telephone Co's dividend has 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 up?

Communication equipment stocks were up 0.61% in the last day, and up 1.95% over the last week. Ondas was the among the top gainers in the communication equipment industry, gaining 3.7% yesterday.

Shares of drone-related companies are trading higher after President Trump announced tariffs on drone imports to curb American reliance on foreign production. The proclamation included a provision saying it is "necessary and appropriate to establish an incentive program for companies investing in new U.S. production capacity for UAS and UAS components."

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 43, which is 25 points higher than the communication equipment industry average of 18. It passed 3 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 8.13% in the past year. It has underperformed other stocks in the communication equipment industry by -69 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 29, which is 11 points higher than the communication equipment industry average of 18. It passed 2 out of 7 valuation due diligence checks.

Belden's stock has gained 8.21% in the past year. It has underperformed other stocks in the communication equipment industry by -69 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 53 points higher than the communication equipment industry average of 18. It passed 5 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 34.95% in the past year. It has underperformed other stocks in the communication equipment industry by -43 percentage points.

Are communication equipment stocks a good buy now?

52.94% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 18.31% over the next year.

16.67% of communication equipment stocks have a Zen Rating of A (Strong Buy), 16.67% of communication equipment stocks are rated B (Buy), 47.62% are rated C (Hold), 9.52% are rated D (Sell), and 9.52% 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 39.72x.

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. Ituran Location & Control (NASDAQ:ITRN)

3. Belden (NYSE:BDC)

1. Vistance Networks (NASDAQ:VISN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Ericsson LM Telephone Co (NASDAQ:ERIC)

1. Audiocodes (NASDAQ:AUDC)

2. Belden (NYSE:BDC)

3. Ericsson LM Telephone Co (NASDAQ:ERIC)

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