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 32nd ranked industry out of 146 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
ITRN	ITURAN LOCATION & CONTROL LTD	$62.22	$29.52	110.78%	20.53x	17.28x	3.28x	5.94x	1.60x	$71.79M	5.82%	$207.45M	10.47	$1.13B	11.57
HPE	HEWLETT PACKARD ENTERPRISE CO	$44.41	$25.43	74.65%	40.37x	13.24x	1.53x	2.33x	0.78x	$4.40B	7.42%	$25.29B	18.95	$74.76B	15.41
KN	KNOWLES CORP	$40.88	$22.55	81.29%	63.88x	30.71x	5.68x	4.48x	0.73x	$73.10M	2.09%	$780.20M	9.14	$3.61B	32.18
CRNT	CERAGON NETWORKS LTD	$2.47	N/A	N/A	-82.33x	17.61x	0.67x	1.31x	N/A	$18.31M	8.18%	$171.50M	1.89	$218.45M	8.79
AUDC	AUDIOCODES LTD	$9.46	$11.58	-18.30%	37.84x	15.25x	1.01x	1.56x	0.32x	$22.48M	8.97%	$154.10M	5.82	$237.25M	13.09
DGII	DIGI INTERNATIONAL INC	$73.23	$24.47	199.28%	63.68x	29.97x	5.80x	4.15x	1.37x	$126.77M	4.60%	$665.96M	17.69	$2.88B	28.36
HLIT	HARMONIC INC	$15.76	N/A	N/A	-42.59x	24.20x	3.46x	4.81x	N/A	$45.44M	2.63%	$355.15M	3.24	$1.73B	-211.24
EXTR	EXTREME NETWORKS INC	$31.98	$6.12	422.69%	266.50x	24.09x	3.40x	52.96x	1.99x	$105.26M	2.48%	$78.97M	0.59	$4.21B	55.82
ADTN	ADTRAN HOLDINGS INC	$13.75	N/A	N/A	-35.26x	24.31x	0.98x	8.10x	N/A	$67.41M	6.10%	$137.53M	1.71	$1.27B	14.70
CIEN	CIENA CORP	$478.93	$71.62	568.71%	154.99x	71.71x	12.21x	23.44x	2.97x	$832.66M	1.22%	$2.89B	20.38	$68.32B	93.61
BKTI	BK TECHNOLOGIES CORP	$84.99	N/A	N/A	22.19x	23.47x	3.60x	6.67x	N/A	$20.83M	6.55%	$47.71M	12.76	$290.68M	15.66
ZBRA	ZEBRA TECHNOLOGIES CORP	$255.81	$158.05	61.85%	30.71x	13.64x	2.18x	3.51x	0.77x	$836.00M	6.86%	$3.47B	72.85	$14.88B	16.83
LTRX	LANTRONIX INC	$5.65	N/A	N/A	-35.31x	17.26x	1.89x	3.02x	N/A	$8.46M	3.77%	$74.47M	1.87	$210.14M	-68.79
PI	IMPINJ INC	$133.30	N/A	N/A	-146.48x	68.87x	11.18x	19.91x	N/A	$61.12M	1.51%	$203.91M	6.73	$4.29B	-528.95
VIAV	VIAVI SOLUTIONS INC	$47.41	N/A	N/A	-197.54x	36.32x	8.05x	13.10x	N/A	$48.50M	0.44%	$846.50M	3.65	$11.66B	173.06
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$245.68	$58.59	319.35%	92.71x	39.80x	32.85x	22.20x	1.89x	$407.00M	0.93%	$2.06B	11.56	$44.67B	87.51
BDC	BELDEN INC	$118.66	$72.02	64.76%	19.74x	14.67x	1.65x	3.60x	1.02x	$180.40M	3.92%	$1.28B	33.06	$5.70B	12.68
KVHI	KVH INDUSTRIES INC	$9.60	N/A	N/A	-36.92x	58.82x	1.57x	1.42x	N/A	$15.98M	8.61%	$131.53M	6.80	$132.31M	25.73
OCC	OPTICAL CABLE CORP	$20.15	N/A	N/A	167.92x	N/A	2.27x	11.68x	N/A	-$3.17M	-1.78%	$15.22M	1.73	$187.70M	69.49
CSCO	CISCO SYSTEMS INC	$117.70	$35.38	232.65%	39.10x	26.98x	7.66x	9.49x	2.09x	$11.79B	2.53%	$48.86B	12.36	$488.13B	27.00
VISN	VISTANCE NETWORKS INC	$12.88	N/A	N/A	0.42x	10.10x	2.25x	0.63x	N/A	$236.20M	8.14%	$4.59B	20.40	$395.34M	0.06
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.50	$4.81	-6.46%	9.38x	8.02x	0.67x	1.07x	0.69x	N/A	N/A	$29.48M	4.19	$23.16M	N/A
INSG	INSEEGO CORP	$9.91	N/A	N/A	15.73x	24.91x	0.94x	-6.35x	N/A	$878.00k	0.55%	-$25.42M	-1.58	$195.07M	7.52
SILC	SILICOM LTD	$41.93	N/A	N/A	-21.71x	-46.66x	3.59x	2.06x	N/A	N/A	N/A	$116.02M	20.33	$215.83M	N/A
ERIC	ERICSSON LM TELEPHONE CO	$11.15	$6.62	68.37%	12.23x	N/A	1.47x	3.21x	2.19x	$3.14B	8.46%	$11.71B	3.52	$37.20B	8.47
AIRG	AIRGAIN INC	$6.23	N/A	N/A	-11.33x	162.66x	1.50x	2.82x	N/A	-$1.34M	-1.75%	$28.02M	2.28	$76.35M	-21.44
NOK	NOKIA CORP	$13.03	N/A	N/A	92.41x	N/A	3.20x	3.03x	N/A	$2.28B	3.04%	$24.67B	4.30	$73.96B	53.55
MSI	MOTOROLA SOLUTIONS INC	$412.60	$143.63	187.26%	32.82x	24.07x	5.76x	26.92x	1.85x	$2.49B	3.64%	$2.54B	15.34	$77.06B	21.76
UI	UBIQUITI INC	$545.72	$115.63	371.94%	35.03x	30.74x	10.67x	27.47x	5.79x	$740.98M	2.24%	$1.20B	19.86	$32.72B	29.05
GILT	GILAT SATELLITE NETWORKS LTD	$13.02	$6.58	97.86%	37.20x	24.71x	1.71x	1.92x	0.94x	$9.19M	1.19%	$500.28M	8.42	$800.35M	17.00
CLFD	CLEARFIELD INC	$38.75	N/A	N/A	-62.50x	70.35x	3.89x	2.17x	N/A	$17.00M	3.21%	$242.81M	17.76	$528.13M	-511.75
VSAT	VIASAT INC	$76.69	N/A	N/A	-306.76x	-50.89x	2.23x	2.25x	N/A	$597.11M	5.78%	$4.66B	34.59	$15.61B	8.68
LITE	LUMENTUM HOLDINGS INC	$851.40	$168.54	405.16%	136.22x	46.87x	24.46x	22.28x	2.15x	$153.60M	0.25%	$2.97B	41.59	$66.93B	121.21
ECHO	ECHOSTAR CORP	$100.84	N/A	N/A	-2.01x	-54.92x	1.97x	5.19x	N/A	-$1.46B	-5.03%	$5.63B	19.49	$56.12B	-3.58
AMPG	AMPLITECH GROUP INC	$7.03	N/A	N/A	-23.43x	28.72x	6.33x	3.68x	N/A	-$10.47M	-6.13%	$48.36M	1.99	$170.38M	-37.10
NTGR	NETGEAR INC	$22.96	N/A	N/A	-25.80x	157.05x	0.92x	1.31x	N/A	-$10.94M	-1.70%	$471.16M	16.84	$470.88M	-33.11
AVNW	AVIAT NETWORKS INC	$20.73	$20.33	1.99%	29.61x	7.33x	0.62x	0.99x	0.43x	$11.86M	4.43%	$271.78M	21.04	$296.77M	8.86
AIOT	POWERFLEET INC	$3.76	N/A	N/A	-25.07x	55.87x	1.13x	1.06x	N/A	-$9.55M	-1.89%	$475.49M	3.56	$760.62M	9.51
MOB	MOBILICOM LTD	$5.00	N/A	N/A	-2.63x	N/A	18.52x	9.76x	N/A	-$1.38M	-3.10%	$6.26M	0.71	$54.26M	-3.22
CMTL	COMTECH TELECOMMUNICATIONS CORP	$2.04	N/A	N/A	-0.92x	-2.53x	0.13x	1.16x	N/A	$15.35M	25.05%	$52.49M	1.75	$284.10M	5.58
ONDS	ONDAS INC	$8.02	$0.49	1,520.77%	133.67x	-39.31x	36.96x	3.70x	15.78x	-$86.51M	-2.42%	$1.07B	2.41	$2.94B	11.52
AAOI	APPLIED OPTOELECTRONICS INC	$150.10	N/A	N/A	-238.25x	165.56x	22.49x	10.89x	N/A	-$441.08M	-3.87%	$1.11B	14.56	$11.88B	-735.92
FEIM	FREQUENCY ELECTRONICS INC	$61.77	$11.41	441.29%	84.62x	57.13x	8.92x	10.09x	2.81x	-$3.82M	-0.63%	$60.24M	6.15	$614.59M	67.78
ASTS	AST SPACEMOBILE INC	$86.77	N/A	N/A	-49.02x	-56.46x	297.16x	16.20x	N/A	-$1.37B	-5.44%	$2.08B	7.15	$33.21B	-90.01
TSAT	TELESAT CORP	$46.00	N/A	N/A	-5.02x	-8.87x	2.41x	1.83x	N/A	-$417.22M	-60.55%	$381.63M	25.48	$3.65B	54.65
FIEE	FIEE INC	$4.20	N/A	N/A	18.26x	N/A	4.01x	3.93x	N/A	$3.37M	10.12%	$8.90M	1.12	$30.42M	9.57
SONM	DNA X INC	$5.63	N/A	N/A	-0.24x	N/A	-0.43x	-8.52x	N/A	-$17.39M	-244.10%	-$983.00k	-0.78	$8.26M	-0.81
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.57	N/A	N/A	-28.45x	N/A	0.30x	1.16x	N/A	-$2.96M	-52.20%	$4.88M	0.49	$4.27M	30.52
FKWL	FRANKLIN WIRELESS CORP	$2.63	N/A	N/A	-43.83x	64.46x	0.88x	0.93x	N/A	-$4.03M	-13.00%	$33.50M	2.84	$22.81M	-85.68
SYNX	SILYNXCOM LTD	$1.03	N/A	N/A	-2.12x	N/A	1.12x	1.26x	N/A	-$2.70M	-41.46%	$5.44M	0.86	$4.95M	-1.80
CLRO	CLEARONE INC	$3.35	N/A	N/A	-0.25x	N/A	4.17x	16.85x	N/A	-$14.52M	-181.88%	$532.00k	0.22	$8.25M	-0.35
CHAI	CORE AI HOLDINGS INC	$0.65	N/A	N/A	-0.49x	-0.11x	0.32x	5.71x	N/A	-$4.89M	-37.61%	$2.28M	0.12	$11.73M	-0.51
BOXL	BOXLIGHT CORP	$4.60	N/A	N/A	-0.02x	-0.26x	0.02x	-1.53x	N/A	-$3.72M	-159.74%	-$2.01M	-3.97	$37.31M	-4.12
UTSI	UTSTARCOM HOLDINGS CORP	$2.38	N/A	N/A	-2.74x	N/A	2.44x	0.60x	N/A	-$9.24M	-42.27%	$36.50M	3.97	-$17.39M	3.44

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Jun 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. Ituran Location & Control (NASDAQ:ITRN)

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

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 60.65% 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, a downside of -2.5% from Ituran Location & Control's current stock price of $62.22.

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.

2. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) 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 Hewlett Packard Enterprise Co (NYSE:HPE) is: Value: B, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 49, which is 17 points higher than the communication equipment industry average of 32.

HPE passed 17 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 117.16% over the past year, overperforming other communication equipment stocks by 33 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.69, an upside of 56.92% from Hewlett Packard Enterprise Co's current stock price of $44.41.

Hewlett Packard Enterprise Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Hewlett Packard Enterprise Co, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Knowles (NYSE:KN)

Knowles (NYSE:KN) 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 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 132.01% over the past year, overperforming other communication equipment stocks by 48 percentage points.

Knowles has an average 1 year price target of $39.00, a downside of -4.6% from Knowles's current stock price of $40.88.

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.

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 155.28%, which is 139 percentage points higher than the communication equipment industry average of 15.81%.

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 4.82%, which is -11 percentage points lower than the communication equipment industry average of 15.81%. 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 4.23%, which is -12 percentage points lower than the communication equipment industry average of 15.81%. 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 3.43% in the last day, and down -2.52% over the last week. Gilat Satellite Networks was the among the top gainers in the communication equipment industry, gaining 10.25% yesterday.

Gilat Satellite Networks shares are trading higher after the company announced it has received additional orders of $43 million from a major in-flight connectivity service provider for its Sidewinder electronically steered antenna terminals.

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 52 points higher than the communication equipment industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -3.67% in the past year. It has underperformed other stocks in the communication equipment industry by -88 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 10 points higher than the communication equipment industry average of 19. It passed 2 out of 7 valuation due diligence checks.

Belden's stock has gained 2.47% in the past year. It has underperformed other stocks in the communication equipment industry by -82 percentage points.

3. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) 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.

Aviat Networks has a valuation score of 43, which is 24 points higher than the communication equipment industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -13.8% in the past year. It has underperformed other stocks in the communication equipment industry by -98 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 18.07% over the next year.

17.78% of communication equipment stocks have a Zen Rating of A (Strong Buy), 20% of communication equipment stocks are rated B (Buy), 48.89% are rated C (Hold), 6.67% are rated D (Sell), and 6.67% 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 44.22x.

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.