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

Overview Zen Rating Price Value Growth Financials Momentum Sentiment Forecast

Communication Equipment is Zen Rated B and is the 42nd ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
DGII	DIGI INTERNATIONAL INC	$2.62B	$68.91	$82.33	19.48%	Strong Buy	3	7.09%	55.72%	18.64%	13.25%
HPE	HEWLETT PACKARD ENTERPRISE CO	$78.19B	$58.90	$69.18	17.45%	Strong Buy	17	6.81%	26.18%	25.44%	8.07%
ITRN	ITURAN LOCATION & CONTROL LTD	$1.01B	$51.32	$70.00	36.40%	Strong Buy	1	7.32%	10.98%	39.34%	21.04%
AUDC	AUDIOCODES LTD	$239.27M	$9.73	N/A	N/A	N/A	N/A	3.57%	141.27%	11.01%	5.19%
EXTR	EXTREME NETWORKS INC	$2.80B	$21.46	$32.75	52.61%	Strong Buy	6	10.17%	76.37%	257.67%	19.38%
BDC	BELDEN INC	$4.60B	$117.78	$155.00	31.60%	Strong Buy	3	16.18%	26.84%	31.83%	12.36%
OCC	OPTICAL CABLE CORP	$120.93M	$13.70	N/A	N/A	N/A	N/A	14.15%	312.42%	48.02%	17.24%
CRNT	CERAGON NETWORKS LTD	$187.13M	$2.05	$3.00	46.34%	Buy	1	7.97%	N/A	11.91%	6.53%
HLIT	HARMONIC INC	$1.29B	$11.80	$18.00	52.54%	Buy	3	9.59%	N/A	31.24%	17.79%
VIAV	VIAVI SOLUTIONS INC	$9.67B	$39.18	$60.83	55.27%	Strong Buy	6	18.09%	N/A	43.61%	23.35%
ZBRA	ZEBRA TECHNOLOGIES CORP	$16.31B	$344.83	$391.33	13.49%	Buy	9	6.31%	30.32%	39.91%	15.87%
CIEN	CIENA CORP	$47.93B	$338.00	$510.31	50.98%	Strong Buy	16	12.97%	33.69%	58.77%	22.46%
LTRX	LANTRONIX INC	$236.33M	$5.06	$11.33	123.97%	Strong Buy	3	12.62%	N/A	N/A	N/A
KN	KNOWLES CORP	$3.06B	$35.84	$39.50	10.21%	Buy	2	8.34%	50.37%	24.55%	18.15%
PI	IMPINJ INC	$5.03B	$164.70	$181.63	10.28%	Strong Buy	8	17.29%	N/A	N/A	N/A
CSCO	CISCO SYSTEMS INC	$431.44B	$109.43	$134.07	22.51%	Strong Buy	15	4.83%	15.95%	48.65%	18.87%
AVNW	AVIAT NETWORKS INC	$243.87M	$19.05	$32.17	68.86%	Strong Buy	6	5.00%	29.19%	1.95%	0.87%
BKTI	BK TECHNOLOGIES CORP	$274.68M	$72.87	N/A	N/A	N/A	N/A	1.51%	0.60%	31.23%	22.02%
AIRG	AIRGAIN INC	$69.17M	$5.28	N/A	N/A	N/A	N/A	12.55%	N/A	14.25%	8.92%
LITE	LUMENTUM HOLDINGS INC	$88.71B	$988.98	$1.10k	10.79%	Strong Buy	14	62.30%	N/A	90.68%	57.62%
UI	UBIQUITI INC	$31.51B	$520.58	$734.50	41.09%	Sell	2	11.65%	13.15%	93.07%	60.98%
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$31.56B	$167.92	$273.07	62.62%	Strong Buy	14	41.55%	52.86%	78.88%	71.44%
SILC	SILICOM LTD	$245.66M	$43.00	$60.00	39.53%	Buy	1	27.42%	N/A	1.23%	0.87%
CLFD	CLEARFIELD INC	$383.07M	$28.20	$40.00	41.84%	Buy	1	19.85%	N/A	5.03%	4.63%
ERIC	ERICSSON LM TELEPHONE CO	$33.92B	$10.06	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MSI	MOTOROLA SOLUTIONS INC	$76.11B	$459.89	$536.50	16.66%	Strong Buy	6	7.13%	18.40%	141.50%	19.65%
NOK	NOKIA CORP	$61.79B	$10.76	$18.00	67.29%	Strong Buy	2	N/A	N/A	N/A	N/A
ADTN	ADTRAN HOLDINGS INC	$586.67M	$7.20	$15.25	111.81%	Strong Buy	4	6.24%	N/A	N/A	N/A
GILT	GILAT SATELLITE NETWORKS LTD	$750.82M	$9.75	N/A	N/A	N/A	N/A	8.95%	26.60%	11.68%	8.36%
VISN	VISTANCE NETWORKS INC	$1.48B	$6.41	$21.00	227.87%	Hold	1	170.56%	-83.15%	7.04%	5.05%
AAOI	APPLIED OPTOELECTRONICS INC	$9.13B	$107.93	$205.00	89.94%	Strong Buy	2	109.83%	N/A	46.08%	33.40%
NTGR	NETGEAR INC	$566.41M	$20.84	N/A	N/A	N/A	N/A	5.49%	N/A	7.05%	4.08%
FEIM	FREQUENCY ELECTRONICS INC	$628.13M	$63.64	$65.00	2.14%	Strong Buy	1	22.00%	N/A	N/A	N/A
MOB	MOBILICOM LTD	$63.95M	$4.97	N/A	N/A	N/A	N/A	502.19%	N/A	145.47%	89.45%
VSAT	VIASAT INC	$9.97B	$72.36	$86.67	19.77%	Buy	3	6.27%	N/A	-1.71%	-0.52%
CLRO	CLEARONE INC	$13.14M	$4.91	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AIOT	POWERFLEET INC	$398.65M	$2.97	$6.50	118.86%	Buy	2	9.15%	N/A	4.54%	2.28%
CMTL	COMTECH TELECOMMUNICATIONS CORP	$45.84M	$1.53	N/A	N/A	N/A	N/A	-1.07%	N/A	-20.38%	-1.54%
INSG	INSEEGO CORP	$70.61M	$4.30	$18.00	318.60%	Hold	1	-8.65%	N/A	N/A	-10.13%
AMPG	AMPLITECH GROUP INC	$103.35M	$3.44	$7.00	103.49%	Strong Buy	1	112.58%	N/A	24.25%	19.38%
TSAT	TELESAT CORP	$707.40M	$46.48	$37.00	-20.40%	Hold	1	26.50%	N/A	N/A	N/A
ASTS	AST SPACEMOBILE INC	$24.29B	$62.42	$83.10	33.13%	Buy	8	134.16%	N/A	312.70%	101.15%
ONDS	ONDAS INC	$4.16B	$7.29	$18.15	148.97%	Strong Buy	5	93.67%	N/A	12.97%	6.80%
FKWL	FRANKLIN WIRELESS CORP	$28.52M	$2.42	N/A	N/A	N/A	N/A	40.87%	N/A	1.44%	0.95%
UTSI	UTSTARCOM HOLDINGS CORP	$20.70M	$2.25	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MITQ	MOVING IMAGE TECHNOLOGIES INC	$5.96M	$0.60	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CHAI	CORE AI HOLDINGS INC	$6.30M	$0.26	N/A	N/A	N/A	N/A	20.75%	N/A	N/A	N/A
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$32.78M	$4.65	$8.00	72.04%	Strong Buy	1	6.74%	-0.46%	14.11%	9.16%
BOXL	BOXLIGHT CORP	$3.85M	$5.77	N/A	N/A	N/A	N/A	5.29%	N/A	N/A	-18.88%
SYNX	SILYNXCOM LTD	$5.51M	$0.83	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SONM	DNA X INC	$4.66M	$3.13	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
NUR	NURAN WIRELESS INC	$20.28M	$1.55	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FIEE	FIEE INC	$35.82M	$4.20	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Sep 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 40, which is 7 points higher than the communication equipment industry average of 33.

DGII passed 14 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 99.45% 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 19.48% from Digi International's current stock price of $68.91.

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. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) 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 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 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 146.65% over the past year, overperforming other communication equipment stocks by 103 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.18, an upside of 17.45% from Hewlett Packard Enterprise Co's current stock price of $58.90.

Hewlett Packard Enterprise Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Hewlett Packard Enterprise Co, 58.82% have issued a Strong Buy rating, 11.76% have issued a Buy, 29.41% 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 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 Ituran Location & Control (NASDAQ:ITRN) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: A.

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 57, which is 24 points higher than the communication equipment industry average of 33.

ITRN passed 21 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 48.37% over the past year, overperforming other communication equipment stocks by 4 percentage points.

Ituran Location & Control has an average 1 year price target of $70.00, an upside of 36.4% from Ituran Location & Control's current stock price of $51.32.

Ituran Location & Control stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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 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 156.13%, which is 140 percentage points higher than the communication equipment industry average of 15.99%.

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 5.85%, which is -10 percentage points lower than the communication equipment industry average of 15.99%. 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 4.11%, which is -12 percentage points lower than the communication equipment industry average of 15.99%. 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 high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -2.16% in the last day, and up 0.51% over the last week.

We couldn't find a catalyst for why communication equipment stocks are down.

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 -7.98% in the past year. It has underperformed other stocks in the communication equipment industry by -52 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 57, which is 36 points higher than the communication equipment industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -1.62% in the past year. It has underperformed other stocks in the communication equipment industry by -46 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 B. 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 25.44% in the past year. It has underperformed other stocks in the communication equipment industry by -19 percentage points.

Are communication equipment stocks a good buy now?

61.76% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 28.1% over the next year.

13.95% of communication equipment stocks have a Zen Rating of A (Strong Buy), 20.93% of communication equipment stocks are rated B (Buy), 41.86% 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 20.42x.

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.