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 B and is the 33rd 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	$33.96	$22.69	49.68%	53.06x	25.51x	4.72x	3.72x	0.61x	$73.10M	2.52%	$780.20M	9.14	$3.02B	26.90
DGII	DIGI INTERNATIONAL INC	$58.85	$24.62	139.05%	52.08x	24.97x	4.90x	3.41x	1.09x	$111.66M	5.08%	$649.20M	17.38	$2.33B	24.42
BKTI	BK TECHNOLOGIES CORP	$93.61	N/A	N/A	25.37x	25.85x	3.99x	7.93x	N/A	$16.31M	4.74%	$44.70M	12.17	$333.15M	18.90
LTRX	LANTRONIX INC	$6.77	N/A	N/A	-29.43x	40.64x	2.29x	3.61x	N/A	$9.64M	3.60%	$74.42M	1.88	$255.43M	-53.91
ITRN	ITURAN LOCATION & CONTROL LTD	$58.89	$29.01	103.00%	20.17x	17.47x	3.26x	5.36x	1.52x	$67.70M	5.79%	$217.56M	10.95	$1.06B	11.33
AUDC	AUDIOCODES LTD	$8.54	$13.15	-35.07%	34.16x	12.67x	0.91x	1.41x	0.25x	$22.48M	9.94%	$154.10M	5.82	$213.83M	11.80
EXTR	EXTREME NETWORKS INC	$23.54	$6.16	282.40%	196.17x	22.34x	2.50x	38.99x	1.47x	$105.26M	3.36%	$78.97M	0.59	$3.10B	41.18
ADTN	ADTRAN HOLDINGS INC	$15.71	N/A	N/A	-40.28x	31.53x	1.12x	9.25x	N/A	$67.41M	5.34%	$137.53M	1.71	$1.43B	16.54
CIEN	CIENA CORP	$576.79	$54.48	958.70%	358.25x	90.99x	15.95x	29.21x	4.33x	$742.21M	0.91%	$2.79B	19.71	$82.02B	161.69
VIAV	VIAVI SOLUTIONS INC	$53.00	N/A	N/A	-220.83x	56.75x	9.00x	14.65x	N/A	$48.50M	0.39%	$846.50M	3.65	$12.97B	192.46
KVHI	KVH INDUSTRIES INC	$10.49	N/A	N/A	-27.61x	93.49x	1.83x	1.56x	N/A	$24.81M	12.19%	$130.98M	6.75	$138.81M	43.62
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$198.29	$42.84	362.84%	103.28x	58.71x	33.83x	19.78x	2.10x	$283.69M	0.79%	$1.85B	10.15	$35.37B	95.20
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.53	$12.05	-62.40%	7.68x	N/A	0.55x	1.11x	0.18x	$4.59M	16.47%	$28.70M	4.66	$22.78M	6.72
BDC	BELDEN INC	$114.65	$72.12	58.96%	19.08x	14.26x	1.60x	3.48x	0.99x	$180.40M	4.05%	$1.28B	33.06	$5.54B	12.34
PI	IMPINJ INC	$155.13	N/A	N/A	-170.47x	80.15x	13.02x	23.17x	N/A	$61.12M	1.30%	$203.91M	6.73	$4.96B	-610.88
HPE	HEWLETT PACKARD ENTERPRISE CO	$30.37	N/A	N/A	-178.65x	12.44x	1.13x	1.63x	N/A	$2.52B	6.21%	$24.77B	18.57	$57.07B	21.19
NOK	NOKIA CORP	$13.19	N/A	N/A	93.55x	N/A	3.24x	3.07x	N/A	$2.28B	3.00%	$24.67B	4.30	$74.88B	54.21
UI	UBIQUITI INC	$1,028.31	$145.43	607.10%	70.00x	62.01x	20.93x	61.28x	5.33x	$699.50M	1.12%	$1.02B	16.79	$62.04B	58.30
MSI	MOTOROLA SOLUTIONS INC	$433.66	$140.64	208.34%	33.54x	25.59x	6.18x	29.81x	2.10x	$2.57B	3.56%	$2.41B	14.47	$80.31B	22.73
CRNT	CERAGON NETWORKS LTD	$2.65	N/A	N/A	-132.50x	16.24x	0.70x	1.36x	N/A	$14.13M	5.92%	$172.75M	1.92	$232.21M	10.76
HLIT	HARMONIC INC	$12.18	N/A	N/A	-32.05x	21.19x	3.84x	3.50x	N/A	$96.89M	7.00%	$383.25M	3.37	$1.35B	-65.04
OCC	OPTICAL CABLE CORP	$10.22	N/A	N/A	-113.56x	N/A	1.22x	4.98x	N/A	-$499.31k	-0.56%	$18.13M	2.05	$97.26M	97.93
SILC	SILICOM LTD	$44.19	N/A	N/A	-22.88x	-49.18x	3.78x	2.17x	N/A	N/A	N/A	$116.02M	20.33	$228.72M	N/A
CLFD	CLEARFIELD INC	$30.28	N/A	N/A	-61.80x	57.83x	2.82x	1.66x	N/A	$19.48M	4.64%	$249.65M	18.00	$408.59M	224.38
VISN	VISTANCE NETWORKS INC	$12.21	N/A	N/A	0.39x	15.96x	2.13x	0.60x	N/A	$236.20M	8.59%	$4.59B	20.40	$244.21M	0.04
CSCO	CISCO SYSTEMS INC	$91.64	$34.93	162.35%	32.85x	21.62x	6.14x	7.58x	1.58x	$12.24B	3.38%	$47.72B	12.07	$384.60B	22.62
GILT	GILAT SATELLITE NETWORKS LTD	$19.86	$6.68	197.39%	56.74x	38.94x	2.61x	2.93x	1.42x	$9.19M	0.78%	$500.28M	8.42	$1.31B	27.72
VSAT	VIASAT INC	$67.30	N/A	N/A	-25.79x	-42.12x	1.98x	2.00x	N/A	$623.88M	6.83%	$4.57B	33.66	$14.51B	9.85
ERIC	ERICSSON LM TELEPHONE CO	$12.02	$6.66	80.40%	13.18x	N/A	1.58x	3.46x	2.36x	$3.14B	7.85%	$11.71B	3.52	$40.13B	9.14
LITE	LUMENTUM HOLDINGS INC	$944.28	$148.88	534.26%	151.08x	121.62x	27.13x	24.71x	2.82x	$153.60M	0.23%	$2.97B	41.59	$74.16B	134.30
INSG	INSEEGO CORP	$19.02	N/A	N/A	-105.67x	51.80x	1.73x	-76.28x	N/A	-$2.08M	-0.73%	-$4.04M	-0.27	$328.12M	23.29
ZBRA	ZEBRA TECHNOLOGIES CORP	$229.76	$158.21	45.22%	27.88x	12.70x	2.09x	3.15x	0.69x	$831.00M	7.35%	$3.59B	72.94	$13.84B	16.22
AMPG	AMPLITECH GROUP INC	$2.30	N/A	N/A	-6.97x	5.78x	1.92x	1.77x	N/A	-$9.70M	-20.09%	$32.86M	1.57	$57.46M	-10.77
AIRG	AIRGAIN INC	$7.05	N/A	N/A	-12.82x	184.07x	1.69x	3.19x	N/A	-$1.34M	-1.55%	$28.02M	2.28	$86.75M	-24.35
NTGR	NETGEAR INC	$25.56	N/A	N/A	-28.72x	174.83x	1.03x	1.46x	N/A	-$10.94M	-1.53%	$471.16M	16.84	$540.66M	-38.01
AVNW	AVIAT NETWORKS INC	$16.47	$23.85	-30.95%	23.53x	6.74x	0.49x	0.78x	0.28x	$11.86M	5.57%	$271.78M	21.04	$241.65M	7.21
MOB	MOBILICOM LTD	$6.41	N/A	N/A	-3.37x	N/A	23.74x	12.51x	N/A	-$1.38M	-2.42%	$6.26M	0.71	$71.49M	-4.24
CMTL	COMTECH TELECOMMUNICATIONS CORP	$3.84	N/A	N/A	-1.72x	-4.77x	0.24x	1.74x	N/A	$14.51M	12.68%	$65.61M	2.20	$333.77M	4.09
AIOT	POWERFLEET INC	$3.31	N/A	N/A	-13.79x	49.18x	1.02x	0.92x	N/A	-$7.88M	-1.78%	$485.03M	3.62	$698.14M	10.58
BOXL	BOXLIGHT CORP	$1.01	N/A	N/A	-0.03x	-0.06x	0.01x	2.74x	N/A	-$3.44M	-539.21%	$1.26M	1.99	$35.61M	-8.06
AAOI	APPLIED OPTOELECTRONICS INC	$178.54	N/A	N/A	-278.97x	214.59x	23.58x	18.29x	N/A	-$384.65M	-3.58%	$733.92M	12.20	$13.46B	-867.65
SATS	ECHOSTAR CORP	$125.75	N/A	N/A	-2.49x	-35.80x	2.41x	6.30x	N/A	-$1.74B	-4.82%	$5.77B	20.05	$64.38B	-4.08
ONDS	ONDAS INC	$9.34	N/A	N/A	-15.06x	-35.22x	40.79x	9.97x	N/A	-$40.82M	-1.97%	$437.81M	1.97	$3.78B	-30.96
FEIM	FREQUENCY ELECTRONICS INC	$57.15	$9.80	483.35%	78.29x	75.72x	8.26x	9.34x	3.35x	-$3.82M	-0.68%	$60.24M	6.15	$569.12M	62.76
ASTS	AST SPACEMOBILE INC	$70.68	N/A	N/A	-52.75x	-67.44x	255.16x	14.66x	N/A	-$1.19B	-6.59%	$1.84B	7.19	$26.46B	-105.48
TSAT	TELESAT CORP	$49.12	N/A	N/A	-5.36x	-13.76x	2.58x	1.96x	N/A	-$417.22M	-56.71%	$381.63M	25.48	$3.70B	55.36
FIEE	FIEE INC	$6.33	N/A	N/A	27.52x	N/A	6.05x	5.93x	N/A	$3.37M	6.71%	$8.90M	1.12	$48.16M	15.15
UTSI	UTSTARCOM HOLDINGS CORP	$2.44	N/A	N/A	-2.80x	N/A	2.50x	0.61x	N/A	-$9.24M	-41.23%	$36.50M	3.97	-$16.84M	3.33
SYNX	SILYNXCOM LTD	$1.18	N/A	N/A	-2.43x	N/A	1.28x	1.44x	N/A	-$2.70M	-36.19%	$5.44M	0.86	$5.95M	-2.17
SONM	DNA X INC	$5.26	N/A	N/A	-0.18x	N/A	N/A	-0.98x	N/A	-$23.53M	-618.88%	-$7.96M	-11.01	$11.59M	-0.78
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.62	N/A	N/A	-20.50x	N/A	0.32x	1.22x	N/A	-$1.40M	-22.93%	$5.00M	0.50	$3.24M	111.73
FKWL	FRANKLIN WIRELESS CORP	$3.51	$2.11	66.66%	175.50x	38.24x	1.04x	1.18x	0.60x	-$9.97M	-24.10%	$35.13M	2.98	$33.20M	38.23
CHAI	CORE AI HOLDINGS INC	$1.38	N/A	N/A	0.00x	-0.24x	0.61x	0.38x	N/A	-$13.23M	-310.80%	$11.03M	3.57	$3.19M	-0.26
CLRO	CLEARONE INC	$3.26	N/A	N/A	-0.22x	N/A	N/A	-12.22x	N/A	-$14.55M	-252.85%	-$714.00k	-0.40	$8.50M	-0.33

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in May 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 +32.52% per year. Learn more.

The Component Grade breakdown for Knowles (NYSE:KN) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.

Knowles (NYSE:KN) has a Due Diligence Score of 45, which is 14 points higher than the communication equipment industry average of 31.

KN passed 14 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 110.28% over the past year, underperforming other communication equipment stocks by -44 percentage points.

Knowles has an average 1 year price target of $39.00, an upside of 14.84% from Knowles's current stock price of $33.96.

Knowles stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Knowles, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 54 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: C, Financials: B, and AI: C.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 44, which is 13 points higher than the communication equipment industry average of 31.

DGII passed 14 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 110.25% over the past year, underperforming other communication equipment stocks by -44 percentage points.

Digi International has an average 1 year price target of $48.80, a downside of -17.08% from Digi International's current stock price of $58.85.

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. Bk Technologies (NYSEMKT:BKTI)

Bk Technologies (NYSEMKT:BKTI) 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 +32.52% per year. Learn more.

The Component Grade breakdown for Bk Technologies (NYSEMKT:BKTI) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.

Bk Technologies (NYSEMKT:BKTI) has a Due Diligence Score of 36, which is 5 points higher than the communication equipment industry average of 31.

BKTI passed 15 out of 38 due diligence checks and has average fundamentals. Bk Technologies has seen its stock return 112.8% over the past year, underperforming other communication equipment stocks by -42 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 163.8%, which is 147 percentage points higher than the communication equipment industry average of 16.64%.

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 5.09%, which is -12 percentage points lower than the communication equipment industry average of 16.64%. Ituran Location & Control's dividend payout is not stable, having dropped more than 10% two 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 102.7% 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 4.68%, which is -12 percentage points lower than the communication equipment industry average of 16.64%. 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 up?

Communication equipment stocks were up 0.41% in the last day, and up 9.15% over the last week. Kvh Industries was the among the top gainers in the communication equipment industry, gaining 11.24% yesterday.

KVH Industries shares are trading higher after the company reported better-than-expected Q1 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. 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 71, which is 50 points higher than the communication equipment industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 4.79% in the past year. It has underperformed other stocks in the communication equipment industry by -150 percentage points.

2. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) 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.

Aviat Networks 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.

Aviat Networks's stock has dropped -16.27% in the past year. It has underperformed other stocks in the communication equipment industry by -171 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 10.74% in the past year. It has underperformed other stocks in the communication equipment industry by -144 percentage points.

Are communication equipment stocks a good buy now?

64.86% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to fall by -7.87% 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), 47.83% are rated C (Hold), 13.04% are rated D (Sell), and 4.35% 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 55.89x.

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.