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 B and is the 36th ranked industry out of 145 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
KN	KNOWLES CORP	$25.68	$24.25	5.90%	50.35x	20.11x	3.74x	2.81x	0.41x	$81.90M	3.69%	$775.80M	8.98	$2.26B	21.97
ITRN	ITURAN LOCATION & CONTROL LTD	$49.01	$26.29	86.41%	16.78x	14.88x	2.71x	4.47x	1.62x	$67.70M	6.95%	$217.56M	10.95	$869.55M	9.26
DGII	DIGI INTERNATIONAL INC	$48.20	$24.91	93.53%	42.65x	20.45x	4.01x	2.79x	0.89x	$111.66M	6.20%	$649.20M	17.38	$1.93B	20.22
LTRX	LANTRONIX INC	$5.24	N/A	N/A	-22.78x	31.45x	1.77x	2.79x	N/A	$9.64M	4.66%	$74.42M	1.88	$194.70M	-41.09
BKTI	BK TECHNOLOGIES CORP	$74.63	$118.38	-36.95%	20.22x	17.55x	3.18x	6.32x	0.26x	$16.31M	5.95%	$44.70M	12.17	$261.30M	14.82
ERIC	ERICSSON LM TELEPHONE CO	$11.27	$6.70	68.11%	12.36x	N/A	1.48x	3.24x	2.21x	$3.14B	8.37%	$11.71B	3.52	$37.60B	8.56
EXTR	EXTREME NETWORKS INC	$15.08	$4.68	222.50%	215.43x	14.84x	1.66x	21.11x	1.21x	$121.74M	6.03%	$95.91M	0.72	$2.02B	30.40
CIEN	CIENA CORP	$388.23	$49.07	691.23%	241.14x	71.31x	10.73x	19.66x	3.33x	$742.21M	1.35%	$2.79B	19.71	$55.36B	109.13
FIEE	FIEE INC	$7.06	N/A	N/A	58.83x	N/A	6.41x	8.50x	N/A	$3.45M	8.70%	$6.59M	1.17	$52.96M	26.21
BDC	BELDEN INC	$114.83	$71.78	59.97%	19.14x	14.45x	1.67x	3.52x	1.01x	$218.69M	4.81%	$1.26B	31.93	$5.44B	12.29
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$93.87	$38.57	143.37%	48.89x	29.51x	16.01x	9.36x	1.15x	$283.69M	1.66%	$1.85B	10.15	$16.11B	43.35
AUDC	AUDIOCODES LTD	$8.41	$11.88	-29.20%	27.13x	12.47x	0.98x	1.33x	0.29x	$22.89M	9.55%	$171.30M	6.01	$220.52M	12.07
ADTN	ADTRAN HOLDINGS INC	$12.58	N/A	N/A	-24.19x	25.56x	0.93x	6.96x	N/A	$98.03M	9.77%	$145.83M	1.83	$1.16B	16.34
HPE	HEWLETT PACKARD ENTERPRISE CO	$23.81	N/A	N/A	-140.06x	10.01x	0.89x	1.28x	N/A	$2.52B	7.92%	$24.77B	18.57	$48.36B	17.96
UI	UBIQUITI INC	$790.29	$146.32	440.10%	53.80x	47.66x	16.09x	47.10x	4.10x	$699.50M	1.46%	$1.02B	16.79	$47.63B	44.76
AVNW	AVIAT NETWORKS INC	$22.61	$24.32	-7.05%	19.83x	9.21x	0.65x	1.07x	0.43x	$16.08M	5.53%	$271.61M	21.13	$313.62M	7.70
OCC	OPTICAL CABLE CORP	$8.25	N/A	N/A	-91.67x	N/A	0.99x	4.02x	N/A	-$499.31k	-0.69%	$18.13M	2.05	$79.86M	80.41
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.49	$9.00	-50.11%	8.16x	N/A	0.57x	1.10x	0.26x	N/A	N/A	$25.23M	4.09	$22.42M	N/A
VSAT	VIASAT INC	$45.80	N/A	N/A	-17.55x	-27.83x	1.35x	1.36x	N/A	$623.88M	10.03%	$4.57B	33.66	$11.59B	7.86
VIAV	VIAVI SOLUTIONS INC	$33.28	N/A	N/A	-184.89x	39.00x	5.99x	9.23x	N/A	$81.00M	1.09%	$834.30M	3.73	$8.21B	167.46
CSCO	CISCO SYSTEMS INC	$77.59	$35.14	120.78%	27.81x	18.31x	5.20x	6.42x	1.34x	$12.24B	3.99%	$47.72B	12.07	$329.10B	19.36
HLIT	HARMONIC INC	$8.98	N/A	N/A	-23.63x	15.62x	2.83x	2.58x	N/A	$96.89M	9.49%	$383.25M	3.37	$999.05M	-48.07
MSI	MOTOROLA SOLUTIONS INC	$433.97	$139.34	211.44%	33.56x	25.60x	6.19x	29.83x	2.17x	$2.57B	3.56%	$2.41B	14.47	$80.36B	22.75
GILT	GILAT SATELLITE NETWORKS LTD	$15.02	$6.72	123.54%	42.91x	29.45x	1.98x	2.22x	1.08x	$9.19M	1.03%	$500.28M	8.42	$948.01M	20.13
KVHI	KVH INDUSTRIES INC	$8.96	N/A	N/A	-23.58x	41.83x	1.57x	1.33x	N/A	$24.81M	14.27%	$130.98M	6.75	$109.01M	34.26
SILC	SILICOM LTD	$21.10	N/A	N/A	-10.49x	-16.38x	1.94x	1.02x	N/A	-$3.96M	-3.28%	$117.49M	20.59	$91.51M	-10.14
CLFD	CLEARFIELD INC	$26.47	N/A	N/A	-54.02x	48.06x	2.46x	1.45x	N/A	$19.48M	5.31%	$249.65M	18.00	$356.45M	195.75
PI	IMPINJ INC	$102.70	N/A	N/A	-277.57x	53.13x	8.33x	14.84x	N/A	$45.89M	1.53%	$209.23M	7.15	$3.36B	395.81
NOK	NOKIA CORP	$8.04	N/A	N/A	57.02x	N/A	1.97x	1.87x	N/A	$2.28B	4.93%	$24.67B	4.30	$45.31B	32.80
INSG	INSEEGO CORP	$11.12	N/A	N/A	-61.78x	-233.61x	1.01x	-44.60x	N/A	-$2.08M	-1.24%	-$4.04M	-0.27	$199.99M	14.20
ZBRA	ZEBRA TECHNOLOGIES CORP	$209.08	$160.06	30.63%	25.37x	11.53x	1.91x	2.87x	0.63x	$831.00M	8.08%	$3.59B	72.94	$12.82B	15.03
LITE	LUMENTUM HOLDINGS INC	$702.76	$113.98	516.58%	194.13x	94.46x	23.73x	59.27x	2.57x	$18.50M	0.04%	$846.60M	11.91	$52.84B	164.00
VISN	VISTANCE NETWORKS INC	$18.20	N/A	N/A	1.80x	17.93x	2.07x	-4.09x	N/A	$262.60M	6.57%	-$1.00B	-4.57	$10.61B	4.63
CRNT	CERAGON NETWORKS LTD	$2.16	N/A	N/A	-108.00x	13.03x	0.57x	1.13x	N/A	$14.13M	7.27%	$172.75M	1.92	$193.69M	8.98
AIRG	AIRGAIN INC	$5.50	N/A	N/A	-10.19x	93.70x	1.26x	2.38x	N/A	-$1.50M	-2.31%	$28.29M	2.39	$64.57M	-24.32
AIOT	POWERFLEET INC	$3.08	N/A	N/A	-12.83x	45.77x	0.95x	0.85x	N/A	-$7.88M	-1.92%	$485.03M	3.62	$667.29M	10.11
NTGR	NETGEAR INC	$21.84	N/A	N/A	-34.67x	79.30x	0.89x	1.23x	N/A	-$18.91M	-3.03%	$497.82M	17.40	$445.10M	-50.70
CMTL	COMTECH TELECOMMUNICATIONS CORP	$3.32	N/A	N/A	-1.49x	-3.39x	0.21x	1.50x	N/A	$14.51M	14.67%	$65.61M	2.20	$318.33M	3.90
AAOI	APPLIED OPTOELECTRONICS INC	$84.59	N/A	N/A	-132.17x	89.56x	11.17x	8.67x	N/A	-$384.65M	-7.56%	$733.92M	12.20	$6.39B	-412.17
MOB	MOBILICOM LTD	$5.14	N/A	N/A	-2.70x	N/A	19.04x	10.03x	N/A	-$1.38M	-3.02%	$6.26M	0.71	$55.97M	-3.32
AMPG	AMPLITECH GROUP INC	$1.90	N/A	N/A	-5.76x	4.78x	1.58x	1.46x	N/A	-$9.70M	-24.32%	$32.86M	1.57	$47.33M	-8.87
SATS	ECHOSTAR CORP	$117.07	N/A	N/A	-2.32x	-31.76x	2.24x	5.87x	N/A	-$1.74B	-5.17%	$5.77B	20.05	$61.88B	-3.92
BOXL	BOXLIGHT CORP	$1.23	N/A	N/A	-0.02x	-0.08x	0.01x	-0.06x	N/A	-$543.00k	-76.50%	-$19.46M	-33.73	$33.84M	-25.97
ONDS	ONDAS INC	$9.04	N/A	N/A	-14.58x	-74.10x	39.48x	9.65x	N/A	-$40.82M	-2.04%	$437.81M	1.97	$3.64B	-29.81
TSAT	TELESAT CORP	$36.20	N/A	N/A	-4.64x	-2.68x	1.72x	1.38x	N/A	-$410.22M	-77.40%	$390.31M	26.66	$3.36B	31.79
ASTS	AST SPACEMOBILE INC	$82.87	N/A	N/A	-61.84x	-93.01x	299.17x	17.19x	N/A	-$1.19B	-5.62%	$1.84B	7.19	$31.12B	-124.04
FEIM	FREQUENCY ELECTRONICS INC	$44.26	$11.11	298.52%	60.63x	49.31x	6.39x	7.23x	2.14x	-$3.82M	-0.88%	$60.24M	6.15	$442.26M	48.77
SYNX	SILYNXCOM LTD	$0.97	N/A	N/A	N/A	N/A	0.97x	0.88x	N/A	-$2.58M	-44.49%	$6.60M	1.10	$3.32M	-1.06
CLRO	CLEARONE INC	$3.56	N/A	N/A	-0.26x	N/A	0.86x	1.78x	N/A	-$6.16M	-99.72%	$3.46M	2.00	$5.98M	-0.26
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.52	N/A	N/A	-17.27x	N/A	0.27x	1.03x	N/A	-$1.40M	-27.22%	$5.00M	0.50	$2.28M	78.47
UTSI	UTSTARCOM HOLDINGS CORP	$2.44	N/A	N/A	-2.80x	N/A	2.50x	0.62x	N/A	-$9.25M	-41.23%	$36.50M	3.97	-$16.78M	3.32
ASNS	ACTELIS NETWORKS INC	$0.37	N/A	N/A	-0.06x	-0.54x	0.15x	2.04x	N/A	-$7.70M	-1,442.23%	$4.80M	3.30	$6.46M	-0.81
CHAI	CORE AI HOLDINGS INC	$1.01	N/A	N/A	0.00x	-0.18x	0.45x	0.28x	N/A	-$13.23M	-424.65%	$11.03M	3.57	$2.08M	-0.17
FKWL	FRANKLIN WIRELESS CORP	$3.81	$2.12	79.80%	190.50x	41.50x	1.13x	1.28x	0.66x	-$9.97M	-22.20%	$35.13M	2.98	$36.73M	42.30
SONM	DNA X INC	$4.03	N/A	N/A	-0.04x	N/A	0.07x	-5.91x	N/A	-$26.04M	-656.00%	-$701.00k	-0.71	$7.08M	-0.25

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 55 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: C, Sentiment: C, 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 68.95% over the past year, underperforming other communication equipment stocks by -26 percentage points.

Knowles has an average 1 year price target of $23.00, a downside of -10.44% from Knowles's current stock price of $25.68.

Knowles stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Knowles, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 55 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: B, Financials: A, and AI: C.

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 58, which is 28 points higher than the communication equipment industry average of 30.

ITRN passed 20 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 35.54% over the past year, underperforming other communication equipment stocks by -60 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, an upside of 23.78% from Ituran Location & Control's current stock price of $49.01.

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 55 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: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 44, which is 14 points higher than the communication equipment industry average of 30.

DGII passed 14 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 73.19% over the past year, underperforming other communication equipment stocks by -22 percentage points.

Digi International has an average 1 year price target of $48.80, an upside of 1.24% from Digi International's current stock price of $48.20.

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.

What are the communication equipment stocks with highest dividends?

Out of 9 communication equipment stocks that have issued dividends in the past year, the 3 communication equipment stocks with the highest dividend yields are:

1. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) has an annual dividend yield of 6.12%, which is 4 percentage points higher than the communication equipment industry average of 1.98%. 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 68.5% indicates that its high dividend yield is sustainable for the long-term.

2. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) has an annual dividend yield of 4.76%, which is 3 percentage points higher than the communication equipment industry average of 1.98%. 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.

3. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) has an annual dividend yield of 2.29%, which is the same as the communication equipment industry average of 1.98%. Hewlett Packard Enterprise Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hewlett Packard Enterprise Co's dividend has shown consistent growth over the last 10 years.

Hewlett Packard Enterprise Co's dividend payout ratio of -313.5% indicates that its dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 5.22% in the last day, and down -6.63% over the last week. Ondas was the among the top gainers in the communication equipment industry, gaining 10.92% yesterday.

Shares of companies within the broader technology sector are trading higher amid optimism for a swifter end to the Middle East conflict following reports of conciliatory steps by the U.S. and Iran.

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 17.94% in the past year. It has underperformed other stocks in the communication equipment industry by -77 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 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 14.54% in the past year. It has underperformed other stocks in the communication equipment industry by -81 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 45.23% in the past year. It has underperformed other stocks in the communication equipment industry by -50 percentage points.

Are communication equipment stocks a good buy now?

58.97% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 7.54% over the next year.

14.89% of communication equipment stocks have a Zen Rating of A (Strong Buy), 17.02% of communication equipment stocks are rated B (Buy), 46.81% are rated C (Hold), 19.15% are rated D (Sell), and 2.13% 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 39.99x.

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.