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 A and is the 28th 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
HPE	HEWLETT PACKARD ENTERPRISE CO	$48.17	$25.33	90.21%	43.79x	14.36x	1.66x	2.52x	0.84x	$4.40B	6.84%	$25.29B	18.95	$79.74B	16.43
ITRN	ITURAN LOCATION & CONTROL LTD	$66.32	$29.40	125.58%	21.89x	18.42x	3.50x	6.33x	1.70x	$71.79M	5.46%	$207.45M	10.47	$1.21B	12.40
DGII	DIGI INTERNATIONAL INC	$68.68	$24.37	181.83%	59.72x	28.11x	5.44x	3.89x	1.28x	$126.77M	4.90%	$665.96M	17.69	$2.71B	26.67
KN	KNOWLES CORP	$39.78	$22.46	77.13%	62.16x	29.88x	5.53x	4.36x	0.71x	$73.10M	2.15%	$780.20M	9.14	$3.51B	31.35
EXTR	EXTREME NETWORKS INC	$31.11	$6.09	410.53%	259.25x	29.52x	3.30x	51.52x	1.94x	$105.26M	2.55%	$78.97M	0.59	$4.09B	54.31
CRNT	CERAGON NETWORKS LTD	$2.99	N/A	N/A	-99.67x	21.31x	0.81x	1.58x	N/A	$18.31M	6.76%	$171.50M	1.89	$265.62M	10.69
HLIT	HARMONIC INC	$14.93	N/A	N/A	-40.35x	22.92x	3.27x	4.56x	N/A	$45.44M	2.77%	$355.15M	3.24	$1.64B	-200.26
CIEN	CIENA CORP	$445.98	$71.33	525.22%	144.33x	66.78x	11.37x	21.83x	2.77x	$832.66M	1.32%	$2.89B	20.38	$63.66B	87.22
ADTN	ADTRAN HOLDINGS INC	$15.26	N/A	N/A	-39.13x	26.98x	1.09x	8.99x	N/A	$67.41M	5.50%	$137.53M	1.71	$1.39B	16.12
AUDC	AUDIOCODES LTD	$9.81	$11.53	-14.93%	39.24x	15.82x	1.05x	1.62x	0.33x	$22.48M	8.65%	$154.10M	5.82	$246.16M	13.58
BKTI	BK TECHNOLOGIES CORP	$83.56	N/A	N/A	21.82x	23.08x	3.54x	6.56x	N/A	$20.83M	6.67%	$47.71M	12.76	$285.33M	15.37
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$250.81	$53.31	370.44%	130.63x	74.28x	42.79x	25.02x	1.98x	$283.69M	0.62%	$1.85B	10.15	$45.05B	121.28
OCC	OPTICAL CABLE CORP	$22.91	N/A	N/A	190.92x	N/A	2.58x	13.28x	N/A	-$3.17M	-1.57%	$15.22M	1.73	$212.07M	78.51
LTRX	LANTRONIX INC	$6.71	N/A	N/A	-41.94x	42.44x	2.25x	3.59x	N/A	$8.46M	3.17%	$74.47M	1.87	$252.35M	-82.60
ZBRA	ZEBRA TECHNOLOGIES CORP	$228.42	$157.41	45.11%	27.42x	12.18x	1.95x	3.14x	0.69x	$836.00M	7.68%	$3.47B	72.85	$13.58B	15.36
BDC	BELDEN INC	$115.04	$71.73	60.38%	19.14x	14.22x	1.60x	3.49x	0.99x	$180.40M	4.04%	$1.28B	33.06	$5.56B	12.37
PI	IMPINJ INC	$132.77	N/A	N/A	-145.90x	68.59x	11.14x	19.83x	N/A	$61.12M	1.52%	$203.91M	6.73	$4.28B	-526.96
VIAV	VIAVI SOLUTIONS INC	$53.46	N/A	N/A	-222.75x	55.94x	9.08x	14.77x	N/A	$48.50M	0.39%	$846.50M	3.65	$13.08B	194.06
KVHI	KVH INDUSTRIES INC	$8.62	N/A	N/A	-33.15x	52.82x	1.41x	1.28x	N/A	$15.98M	9.59%	$131.53M	6.80	$113.21M	22.01
CSCO	CISCO SYSTEMS INC	$121.10	$35.24	243.64%	40.23x	27.75x	7.88x	9.77x	2.15x	$11.79B	2.46%	$48.86B	12.36	$501.53B	27.74
VISN	VISTANCE NETWORKS INC	$12.66	N/A	N/A	0.41x	9.93x	2.21x	0.62x	N/A	$236.20M	8.29%	$4.59B	20.40	$345.71M	0.05
INSG	INSEEGO CORP	$11.09	N/A	N/A	17.60x	27.88x	1.06x	-7.10x	N/A	$878.00k	0.50%	-$25.42M	-1.58	$214.28M	8.26
ERIC	ERICSSON LM TELEPHONE CO	$12.28	$6.60	86.19%	13.46x	N/A	1.62x	3.53x	2.41x	$3.14B	7.68%	$11.71B	3.52	$41.01B	9.34
SILC	SILICOM LTD	$46.45	N/A	N/A	-24.05x	-51.69x	3.98x	2.28x	N/A	N/A	N/A	$116.02M	20.33	$241.62M	N/A
AIRG	AIRGAIN INC	$6.90	N/A	N/A	-12.55x	180.16x	1.66x	3.12x	N/A	-$1.34M	-1.58%	$28.02M	2.28	$84.85M	-23.82
MSI	MOTOROLA SOLUTIONS INC	$412.25	$143.05	188.18%	32.80x	24.05x	5.76x	26.90x	1.84x	$2.49B	3.64%	$2.54B	15.34	$77.00B	21.75
NOK	NOKIA CORP	$14.80	N/A	N/A	104.96x	N/A	3.63x	3.45x	N/A	$2.28B	2.68%	$24.67B	4.30	$84.12B	60.91
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.30	$4.79	-10.26%	8.96x	7.66x	0.64x	1.03x	0.66x	N/A	N/A	$29.48M	4.19	$21.75M	N/A
UI	UBIQUITI INC	$588.73	$115.17	411.20%	37.79x	37.48x	11.51x	29.64x	6.24x	$740.98M	2.08%	$1.20B	19.86	$35.32B	31.36
GILT	GILAT SATELLITE NETWORKS LTD	$15.00	$6.55	128.87%	42.86x	28.46x	1.97x	2.21x	1.09x	$9.19M	1.03%	$500.28M	8.42	$946.53M	20.10
CLFD	CLEARFIELD INC	$39.43	N/A	N/A	-63.60x	71.59x	3.96x	2.21x	N/A	$17.00M	3.15%	$242.81M	17.76	$537.37M	-520.70
VSAT	VIASAT INC	$70.17	N/A	N/A	-280.68x	-46.56x	2.04x	2.06x	N/A	$597.11M	6.31%	$4.66B	34.59	$14.71B	8.19
LITE	LUMENTUM HOLDINGS INC	$921.56	$167.86	449.00%	147.45x	112.59x	26.48x	24.11x	2.33x	$153.60M	0.23%	$2.97B	41.59	$72.39B	131.10
NTGR	NETGEAR INC	$24.50	N/A	N/A	-27.53x	167.58x	0.98x	1.40x	N/A	-$10.94M	-1.60%	$471.16M	16.84	$512.21M	-36.01
AVNW	AVIAT NETWORKS INC	$19.37	$20.24	-4.32%	27.67x	11.87x	0.58x	0.92x	0.40x	$11.86M	4.74%	$271.78M	21.04	$279.18M	8.33
AMPG	AMPLITECH GROUP INC	$8.49	N/A	N/A	-28.30x	34.68x	7.65x	4.45x	N/A	-$10.47M	-5.08%	$48.36M	1.99	$207.37M	-45.16
SATS	ECHOSTAR CORP	$114.08	N/A	N/A	-2.28x	-62.14x	2.23x	5.87x	N/A	-$1.46B	-4.44%	$5.63B	19.49	$59.96B	-3.82
CMTL	COMTECH TELECOMMUNICATIONS CORP	$4.83	N/A	N/A	-2.17x	-5.99x	0.30x	2.19x	N/A	$14.51M	10.08%	$65.61M	2.20	$363.15M	4.45
AIOT	POWERFLEET INC	$4.22	N/A	N/A	-17.58x	62.70x	1.30x	1.17x	N/A	-$7.88M	-1.40%	$485.03M	3.62	$820.22M	12.42
MOB	MOBILICOM LTD	$6.24	N/A	N/A	-3.28x	N/A	23.11x	12.18x	N/A	-$1.38M	-2.48%	$6.26M	0.71	$69.41M	-4.11
ONDS	ONDAS INC	$9.33	$0.49	1,793.16%	155.50x	-45.74x	43.00x	4.31x	18.36x	-$86.51M	-2.08%	$1.07B	2.41	$3.59B	14.06
AAOI	APPLIED OPTOELECTRONICS INC	$169.05	N/A	N/A	-268.33x	186.47x	25.33x	12.27x	N/A	-$441.08M	-3.43%	$1.11B	14.56	$13.40B	-830.15
FEIM	FREQUENCY ELECTRONICS INC	$75.28	$9.58	685.78%	103.12x	103.95x	10.88x	12.30x	4.50x	-$3.82M	-0.52%	$60.24M	6.15	$747.55M	82.44
ASTS	AST SPACEMOBILE INC	$82.41	N/A	N/A	-46.56x	-53.62x	282.23x	15.38x	N/A	-$1.37B	-5.72%	$2.08B	7.15	$31.52B	-85.42
TSAT	TELESAT CORP	$46.91	N/A	N/A	-5.12x	-9.04x	2.46x	1.87x	N/A	-$417.22M	-59.38%	$381.63M	25.48	$3.66B	54.86
FIEE	FIEE INC	$4.43	N/A	N/A	19.26x	N/A	4.23x	4.15x	N/A	$3.37M	9.59%	$8.90M	1.12	$32.33M	10.17
SONM	DNA X INC	$4.74	N/A	N/A	-0.20x	N/A	-0.36x	-7.18x	N/A	-$17.39M	-289.94%	-$983.00k	-0.78	$6.93M	-0.68
SYNX	SILYNXCOM LTD	$1.15	N/A	N/A	-2.37x	N/A	1.25x	1.40x	N/A	-$2.70M	-37.13%	$5.44M	0.86	$5.75M	-2.09
UTSI	UTSTARCOM HOLDINGS CORP	$3.18	N/A	N/A	-3.65x	N/A	3.25x	0.80x	N/A	-$9.24M	-31.69%	$36.50M	3.97	-$10.09M	2.00
CLRO	CLEARONE INC	$3.72	N/A	N/A	-0.28x	N/A	4.63x	18.71x	N/A	-$14.52M	-163.79%	$532.00k	0.22	$9.24M	-0.39
FKWL	FRANKLIN WIRELESS CORP	$2.79	N/A	N/A	-46.50x	30.39x	0.94x	0.98x	N/A	-$4.03M	-12.26%	$33.50M	2.84	$24.69M	-92.76
CHAI	CORE AI HOLDINGS INC	$1.32	N/A	N/A	-1.00x	-0.23x	0.65x	11.53x	N/A	-$4.89M	-18.64%	$2.28M	0.12	$25.00M	-1.08
BOXL	BOXLIGHT CORP	$0.74	N/A	N/A	-0.02x	-0.04x	0.02x	-1.46x	N/A	-$3.72M	-166.67%	-$2.01M	-0.66	$37.19M	-4.11
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.62	N/A	N/A	-30.95x	N/A	0.33x	1.26x	N/A	-$2.96M	-47.98%	$4.88M	0.49	$4.77M	34.07

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. Hewlett Packard Enterprise Co (NYSE:HPE)

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

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 47, which is 16 points higher than the communication equipment industry average of 31.

HPE passed 16 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 165.69% over the past year, overperforming other communication equipment stocks by 58 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.69, an upside of 44.67% from Hewlett Packard Enterprise Co's current stock price of $48.17.

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.

2. Ituran Location & Control (NASDAQ:ITRN)

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

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 52, which is 21 points higher than the communication equipment industry average of 31.

ITRN passed 19 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 84.22% over the past year, underperforming other communication equipment stocks by -23 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, a downside of -8.52% from Ituran Location & Control's current stock price of $66.32.

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. Digi International (NASDAQ:DGII)

Digi International (NASDAQ:DGII) 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 Digi International (NASDAQ:DGII) is: Value: C, Growth: B, Momentum: A, Sentiment: C, Safety: B, Financials: C, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 36, which is 5 points higher than the communication equipment industry average of 31.

DGII passed 12 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 101.64% over the past year, underperforming other communication equipment stocks by -6 percentage points.

Digi International has an average 1 year price target of $69.00, an upside of 0.47% from Digi International's current stock price of $68.68.

Digi International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Digi International, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 157.98%, which is 142 percentage points higher than the communication equipment industry average of 15.92%.

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 4.52%, which is -11 percentage points lower than the communication equipment industry average of 15.92%. 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 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 4.08%, which is -12 percentage points lower than the communication equipment industry average of 15.92%. 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 0.06% in the last day, and up 3.19% over the last week. Nokia was the among the top gainers in the communication equipment industry, gaining 5.04% yesterday.

Nokia shares are trading higher after JP Morgan maintained its Overweight rating and raised its price target on the stock from $14 to $21.

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 gained 8.28% in the past year. It has underperformed other stocks in the communication equipment industry by -99 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 43, which is 24 points higher than the communication equipment industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has gained 3.85% in the past year. It has underperformed other stocks in the communication equipment industry by -104 percentage points.

3. Bos Better Online Solutions (NASDAQ:BOSC)

Bos Better Online Solutions (NASDAQ:BOSC) 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.

Bos Better Online Solutions 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.

Bos Better Online Solutions's stock has dropped -3.8% in the past year. It has underperformed other stocks in the communication equipment industry by -111 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 14.27% over the next year.

15.56% of communication equipment stocks have a Zen Rating of A (Strong Buy), 24.44% of communication equipment stocks are rated B (Buy), 46.67% are rated C (Hold), 8.89% are rated D (Sell), and 4.44% 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 47.23x.

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.

Communication Equipment Stocks FAQ

1. Hewlett Packard Enterprise Co (NYSE:HPE)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Digi International (NASDAQ:DGII)

1. Vistance Networks (NASDAQ:VISN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Audiocodes (NASDAQ:AUDC)

1. Audiocodes (NASDAQ:AUDC)

2. Belden (NYSE:BDC)

3. Bos Better Online Solutions (NASDAQ:BOSC)

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