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

Overview Zen Rating Price Value Growth Financials Momentum Sentiment Forecast

Communication Equipment is Zen Rated A and is the 29th 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
KN	KNOWLES CORP	$2.60B	$30.61	$39.00	27.41%	Buy	1	9.40%	150.43%	16.63%	12.27%
DGII	DIGI INTERNATIONAL INC	$2.13B	$56.66	$48.80	-13.87%	Strong Buy	5	10.17%	53.03%	16.43%	11.61%
LTRX	LANTRONIX INC	$259.59M	$6.54	$8.25	26.15%	Strong Buy	2	10.86%	N/A	27.20%	16.63%
BKTI	BK TECHNOLOGIES CORP	$352.54M	$93.13	N/A	N/A	N/A	N/A	6.57%	-1.87%	35.76%	25.07%
ITRN	ITURAN LOCATION & CONTROL LTD	$1.14B	$57.68	$60.67	5.18%	Strong Buy	3	10.97%	13.65%	38.54%	21.71%
ADTN	ADTRAN HOLDINGS INC	$1.37B	$16.93	$15.33	-9.43%	Strong Buy	3	8.98%	N/A	N/A	N/A
EXTR	EXTREME NETWORKS INC	$2.36B	$17.59	$23.33	32.65%	Strong Buy	3	7.61%	177.54%	288.44%	23.67%
CIEN	CIENA CORP	$73.64B	$520.80	$382.69	-26.52%	Strong Buy	13	16.19%	80.73%	N/A	N/A
BDC	BELDEN INC	$5.21B	$134.37	$162.50	20.93%	Strong Buy	2	6.71%	21.39%	29.13%	10.39%
AUDC	AUDIOCODES LTD	$244.62M	$9.03	N/A	N/A	N/A	N/A	4.24%	117.48%	11.03%	5.85%
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$33.70M	$4.78	$8.00	67.36%	Strong Buy	1	N/A	N/A	N/A	N/A
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$35.98B	$195.04	$196.67	0.83%	Strong Buy	9	38.12%	46.24%	85.73%	77.80%
NOK	NOKIA CORP	$60.06B	$10.46	$8.00	-23.52%	Strong Buy	2	N/A	N/A	N/A	N/A
MSI	MOTOROLA SOLUTIONS INC	$72.60B	$438.26	$500.20	14.13%	Strong Buy	5	7.20%	15.49%	149.89%	18.63%
UI	UBIQUITI INC	$62.54B	$1,033.33	$753.50	-27.08%	Sell	2	15.54%	14.59%	129.45%	81.75%
VIAV	VIAVI SOLUTIONS INC	$11.05B	$47.75	$31.43	-34.18%	Strong Buy	7	14.66%	N/A	34.94%	10.49%
OCC	OPTICAL CABLE CORP	$108.81M	$12.32	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
HLIT	HARMONIC INC	$1.16B	$10.56	$14.67	38.89%	Buy	3	31.84%	N/A	39.32%	20.97%
CRNT	CERAGON NETWORKS LTD	$233.36M	$2.64	$3.00	13.64%	Buy	1	7.90%	N/A	16.70%	9.10%
HPE	HEWLETT PACKARD ENTERPRISE CO	$37.36B	$28.16	$29.14	3.49%	Strong Buy	7	8.60%	N/A	18.25%	5.97%
CSCO	CISCO SYSTEMS INC	$351.58B	$89.01	$92.31	3.71%	Strong Buy	13	5.06%	20.75%	47.28%	18.29%
KVHI	KVH INDUSTRIES INC	$190.50M	$9.78	N/A	N/A	N/A	N/A	28.90%	N/A	10.92%	9.44%
PI	IMPINJ INC	$3.75B	$123.91	$168.00	35.58%	Strong Buy	7	22.66%	N/A	N/A	N/A
AVNW	AVIAT NETWORKS INC	$301.40M	$23.36	$34.67	48.40%	Strong Buy	3	5.03%	51.16%	8.89%	3.66%
GILT	GILAT SATELLITE NETWORKS LTD	$1.29B	$17.42	$19.00	9.07%	Strong Buy	2	13.25%	44.28%	12.64%	8.48%
SILC	SILICOM LTD	$174.44M	$30.57	N/A	N/A	N/A	N/A	17.17%	N/A	-5.08%	-3.92%
LITE	LUMENTUM HOLDINGS INC	$62.95B	$881.64	$683.92	-22.43%	Buy	13	52.63%	92.68%	150.26%	26.47%
INSG	INSEEGO CORP	$243.61M	$15.02	$16.00	6.52%	Buy	2	16.21%	N/A	-163.63%	7.05%
ERIC	ERICSSON LM TELEPHONE CO	$38.00B	$11.27	$11.00	-2.40%	Hold	1	N/A	N/A	N/A	N/A
CLFD	CLEARFIELD INC	$412.89M	$30.17	$43.50	44.18%	Strong Buy	4	12.49%	N/A	6.97%	6.49%
AMPG	AMPLITECH GROUP INC	$49.40M	$1.95	$7.00	258.97%	Strong Buy	1	102.41%	N/A	34.59%	22.08%
VSAT	VIASAT INC	$8.42B	$61.99	$51.25	-17.33%	Strong Buy	4	4.43%	N/A	N/A	N/A
ZBRA	ZEBRA TECHNOLOGIES CORP	$11.20B	$227.71	$310.83	36.50%	Buy	6	8.10%	40.29%	39.76%	16.78%
VISN	VISTANCE NETWORKS INC	$4.37B	$19.40	$22.25	14.69%	Buy	2	9.44%	-92.42%	-22.22%	2.38%
AIRG	AIRGAIN INC	$82.63M	$6.76	$6.00	-11.24%	Strong Buy	3	10.31%	N/A	13.00%	8.11%
NTGR	NETGEAR INC	$720.54M	$25.63	$37.00	44.36%	Buy	1	5.51%	N/A	6.68%	3.98%
MOB	MOBILICOM LTD	$71.70M	$5.87	N/A	N/A	N/A	N/A	-35.15%	N/A	0.90%	0.38%
CMTL	COMTECH TELECOMMUNICATIONS CORP	$117.53M	$3.96	N/A	N/A	N/A	N/A	-1.62%	N/A	-39.22%	-3.66%
AIOT	POWERFLEET INC	$448.05M	$3.34	$15.00	349.10%	Buy	1	11.84%	N/A	6.21%	3.14%
BOXL	BOXLIGHT CORP	$3.64M	$1.07	N/A	N/A	N/A	N/A	4.22%	N/A	-1,078.25%	-13.87%
AAOI	APPLIED OPTOELECTRONICS INC	$12.19B	$162.17	$77.25	-52.36%	Buy	4	119.87%	N/A	39.81%	25.00%
SATS	ECHOSTAR CORP	$33.94B	$117.50	$129.40	10.13%	Buy	5	-2.04%	N/A	-2.86%	-0.38%
ONDS	ONDAS INC	$4.93B	$10.55	$19.83	87.99%	Strong Buy	6	155.76%	N/A	34.83%	13.46%
FEIM	FREQUENCY ELECTRONICS INC	$507.25M	$51.54	$60.00	16.41%	Hold	1	12.57%	24.83%	23.66%	15.13%
TSAT	TELESAT CORP	$707.89M	$47.69	$37.00	-22.42%	Hold	1	10.00%	N/A	N/A	N/A
ASTS	AST SPACEMOBILE INC	$29.19B	$76.40	$75.52	-1.15%	Hold	5	202.93%	N/A	315.71%	115.94%
FIEE	FIEE INC	$52.52M	$6.62	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CLRO	CLEARONE INC	$8.60M	$3.22	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SYNX	SILYNXCOM LTD	$7.12M	$1.19	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SONM	DNA X INC	$6.24M	$4.19	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MITQ	MOVING IMAGE TECHNOLOGIES INC	$6.36M	$0.64	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FKWL	FRANKLIN WIRELESS CORP	$42.89M	$3.64	N/A	N/A	N/A	N/A	16.32%	359.00%	1.37%	0.91%
CHAI	CORE AI HOLDINGS INC	$2.97M	$0.99	N/A	N/A	N/A	N/A	141.53%	N/A	N/A	N/A
UTSI	UTSTARCOM HOLDINGS CORP	$22.88M	$2.49	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 Apr 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 44, which is 14 points higher than the communication equipment industry average of 30.

KN passed 14 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 95.59% over the past year, underperforming other communication equipment stocks by -58 percentage points.

Knowles has an average 1 year price target of $39.00, an upside of 27.41% from Knowles's current stock price of $30.61.

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: B, Financials: C, and AI: C.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 42, which is 12 points higher than the communication equipment industry average of 30.

DGII passed 13 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 105.96% over the past year, underperforming other communication equipment stocks by -48 percentage points.

Digi International has an average 1 year price target of $48.80, a downside of -13.87% from Digi International's current stock price of $56.66.

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. Lantronix (NASDAQ:LTRX)

Lantronix (NASDAQ:LTRX) 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 Lantronix (NASDAQ:LTRX) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.

Lantronix (NASDAQ:LTRX) has a Due Diligence Score of 17, which is -13 points lower than the communication equipment industry average of 30. Although this number is below the industry average, our proven quant model rates LTRX as a "A".

LTRX passed 5 out of 33 due diligence checks and has weak fundamentals. Lantronix has seen its stock return 194.59% over the past year, overperforming other communication equipment stocks by 41 percentage points.

Lantronix has an average 1 year price target of $8.25, an upside of 26.15% from Lantronix's current stock price of $6.54.

Lantronix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Lantronix, 50% have issued a Strong Buy rating, 50% 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 10 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 51.55%, which is 45 percentage points higher than the communication equipment industry average of 6.43%.

Vistance Networks's dividend payout ratio of 0% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) has an annual dividend yield of 5.2%, which is -1 percentage points lower than the communication equipment industry average of 6.43%. 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 4.43%, which is -2 percentage points lower than the communication equipment industry average of 6.43%. 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 129% 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 1.56% in the last day, and down -0.69% over the last week. Credo Technology Group Holding was the among the top gainers in the communication equipment industry, gaining 5.12% yesterday.

Shares of semiconductor companies are trading higher amid sympathy with Intel, which reported better-than-expected Q1 financial results and issued Q2 guidance above estimates. Also, reports suggest that a strike action at a Samsung Electronics facility earlier this month led to lower production, which may boost sales for competitors.

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. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) 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.

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 gained 34.18% in the past year. It has underperformed other stocks in the communication equipment industry by -119 percentage points.

2. Ericsson LM Telephone Co (NASDAQ:ERIC)

Ericsson LM Telephone Co (NASDAQ:ERIC) 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.

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 36.94% in the past year. It has underperformed other stocks in the communication equipment industry by -117 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 43, which is 22 points higher than the communication equipment industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has gained 32.55% in the past year. It has underperformed other stocks in the communication equipment industry by -121 percentage points.

Are communication equipment stocks a good buy now?

57.89% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to fall by -8.98% over the next year.

10.87% of communication equipment stocks have a Zen Rating of A (Strong Buy), 17.39% of communication equipment stocks are rated B (Buy), 54.35% 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 55.04x.

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.