Sectors & IndustriesTechnologyCommunication 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
B
Communication Equipment is Zen Rated B and is the 42nd ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
DGII
DIGI INTERNATIONAL INC
$3.23BN/A0.00%N/AN/AN/AN/A
ITRN
ITURAN LOCATION & CONTROL LTD
$1.06B5.62%92.60%$0.5000$3.0086%32026-09-292026-10-14
BDC
BELDEN INC
$5.31B0.15%3.20%$0.0500$0.202%1
AUDC
AUDIOCODES LTD
$255.01M1.93%153.80%$0.2000$0.2044%12026-08-192026-09-03
EXTR
EXTREME NETWORKS INC
$3.19BN/A0.00%N/AN/AN/AN/A
HPE
HEWLETT PACKARD ENTERPRISE CO
$77.74B0.95%49.60%$0.1425$0.5621%0
VIAV
VIAVI SOLUTIONS INC
$10.74BN/A0.00%N/AN/AN/AN/A
CRNT
CERAGON NETWORKS LTD
$200.82MN/A0.00%N/AN/AN/AN/A
ZBRA
ZEBRA TECHNOLOGIES CORP
$17.79BN/A0.00%N/AN/AN/AN/A
KN
KNOWLES CORP
$3.29BN/A0.00%N/AN/AN/AN/A
HLIT
HARMONIC INC
$1.51BN/A0.00%N/AN/AN/AN/A
CIEN
CIENA CORP
$60.69BN/A0.00%N/AN/AN/AN/A
PI
IMPINJ INC
$5.28BN/A0.00%N/AN/AN/AN/A
CSCO
CISCO SYSTEMS INC
$440.18B1.49%54.80%$0.4200$1.6635%0
BKTI
BK TECHNOLOGIES CORP
$278.93MN/A0.00%$0.1500N/AN/A1
LTRX
LANTRONIX INC
$257.62MN/A0.00%N/AN/AN/AN/A
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
$48.47BN/A0.00%N/AN/AN/AN/A
AIRG
AIRGAIN INC
$72.18MN/A0.00%N/AN/AN/AN/A
OCC
OPTICAL CABLE CORP
$157.12MN/A0.00%N/AN/AN/AN/A
MSI
MOTOROLA SOLUTIONS INC
$77.20B1.01%36.70%$1.2100$4.7222%0
SILC
SILICOM LTD
$282.79MN/A0.00%$1.0000N/AN/A0
CLFD
CLEARFIELD INC
$391.08MN/A0.00%N/AN/AN/AN/A
LITE
LUMENTUM HOLDINGS INC
$72.05BN/A0.00%N/AN/AN/AN/A
ERIC
ERICSSON LM TELEPHONE CO
$34.62B3.06%30.70%$0.1663$0.3166%3
ADTN
ADTRAN HOLDINGS INC
$684.44MN/A0.00%$0.0900N/AN/A0
NOK
NOKIA CORP
$61.79B0.74%102.30%$0.0455$0.0816%4
UI
UBIQUITI INC
$34.67B0.56%19.30%$0.8000$3.2011%0
GILT
GILAT SATELLITE NETWORKS LTD
$886.35MN/A0.00%$0.6300N/AN/A1
MOB
MOBILICOM LTD
$74.51MN/A0.00%N/AN/AN/AN/A
AVNW
AVIAT NETWORKS INC
$286.61MN/A0.00%N/AN/AN/AN/A
AAOI
APPLIED OPTOELECTRONICS INC
$12.71BN/A0.00%N/AN/AN/AN/A
NTGR
NETGEAR INC
$656.37MN/A0.00%N/AN/AN/AN/A
AMPG
AMPLITECH GROUP INC
$101.23MN/A0.00%N/AN/AN/AN/A
VISN
VISTANCE NETWORKS INC
$2.66B86.73%62.10%$10.0000$10.00100%02026-08-172026-08-27
FEIM
FREQUENCY ELECTRONICS INC
$777.07MN/A0.00%$1.0000N/AN/A0
AIOT
POWERFLEET INC
$417.44MN/A0.00%N/AN/AN/AN/A
CMTL
COMTECH TELECOMMUNICATIONS CORP
$52.73MN/A0.00%$0.1000N/AN/A1
VSAT
VIASAT INC
$11.42BN/A0.00%N/AN/AN/AN/A
INSG
INSEEGO CORP
$77.01MN/A0.00%N/AN/AN/AN/A
TSAT
TELESAT CORP
$770.71MN/A0.00%N/AN/AN/AN/A
ASTS
AST SPACEMOBILE INC
$27.62BN/A0.00%N/AN/AN/AN/A
ONDS
ONDAS INC
$5.27BN/A0.00%N/AN/AN/AN/A
FIEE
FIEE INC
$41.64MN/A0.00%N/AN/AN/AN/A
SONM
DNA X INC
$5.19MN/A0.00%N/AN/AN/AN/A
CLRO
CLEARONE INC
$13.97MN/A0.00%$0.0001N/AN/A1
SYNX
SILYNXCOM LTD
$7.10MN/A0.00%N/AN/AN/AN/A
UTSI
UTSTARCOM HOLDINGS CORP
$22.69MN/A0.00%N/AN/AN/AN/A
MITQ
MOVING IMAGE TECHNOLOGIES INC
$5.47MN/A0.00%N/AN/AN/AN/A
FKWL
FRANKLIN WIRELESS CORP
$28.64M1.65%-66.70%$0.0400$0.0438%0
CHAI
CORE AI HOLDINGS INC
$5.88MN/A0.00%N/AN/AN/AN/A
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
$32.08MN/A0.00%N/AN/AN/AN/A
BOXL
BOXLIGHT CORP
$4.64MN/A0.00%N/AN/AN/AN/A

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.
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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.