Sectors & Industries TechnologyCommunication Equipment
Best Communication Equipment Stocks to Buy Now (2025)
Top communication equipment stocks in 2025 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 29th 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
BKTI	BK TECHNOLOGIES CORP	$73.69	$45.54	61.83%	22.20x	N/A	3.43x	7.48x	1.10x	$13.23M	4.92%	$36.76M	10.08	$264.29M	19.89
EXTR	EXTREME NETWORKS INC	$22.26	N/A	N/A	-371.00x	42.00x	2.58x	44.87x	N/A	$127.32M	4.32%	$65.58M	0.50	$2.93B	59.52
DGII	DIGI INTERNATIONAL INC	$36.30	$17.59	106.33%	31.29x	21.23x	3.20x	2.17x	1.31x	$101.07M	7.51%	$621.51M	16.76	$1.38B	15.21
VIAV	VIAVI SOLUTIONS INC	$12.20	$4.16	193.12%	76.25x	34.53x	2.50x	3.49x	1.46x	$67.10M	2.48%	$780.20M	3.51	$2.94B	27.31
ERIC	ERICSSON LM TELEPHONE CO	$8.00	$0.80	893.79%	8,000.00x	13.45x	1.08x	2.84x	3.83x	$4.27B	16.04%	$9.43B	2.83	$26.95B	42.52
CIEN	CIENA CORP	$136.38	$29.54	361.67%	139.16x	93.60x	4.26x	6.90x	2.21x	$700.83M	3.62%	$2.79B	19.65	$19.77B	45.90
GILT	GILAT SATELLITE NETWORKS LTD	$11.14	$8.29	34.40%	27.85x	18.88x	1.82x	2.02x	0.72x	$21.29M	3.35%	$315.76M	5.53	$637.78M	16.52
KN	KNOWLES CORP	$22.20	$2.22	898.34%	79.29x	N/A	3.43x	2.56x	15.62x	$109.50M	5.68%	$746.10M	8.59	$2.01B	22.56
COMM	COMMSCOPE HOLDING COMPANY INC	$16.30	N/A	N/A	4.71x	13.36x	0.75x	-1.48x	N/A	$258.10M	7.26%	-$2.44B	-11.19	$10.29B	6.59
CSCO	CISCO SYSTEMS INC	$67.72	$29.23	131.67%	26.45x	20.38x	4.75x	5.72x	1.87x	$13.29B	4.94%	$46.84B	11.78	$287.46B	18.54
UI	UBIQUITI INC	$607.54	$101.60	497.96%	51.62x	50.97x	14.28x	55.00x	7.50x	$627.44M	1.71%	$668.26M	11.05	$36.89B	42.99
AVNW	AVIAT NETWORKS INC	$23.48	$57.84	-59.41%	213.45x	12.01x	0.69x	1.14x	0.16x	-$7.25M	-2.44%	$263.18M	20.75	$331.76M	17.28
ITRN	ITURAN LOCATION & CONTROL LTD	$35.53	$28.21	25.96%	12.73x	N/A	2.08x	3.43x	1.19x	$59.24M	8.38%	$206.04M	10.36	$623.26M	6.95
BDC	BELDEN INC	$126.70	$89.70	41.25%	22.63x	17.10x	1.91x	4.07x	0.86x	$215.66M	4.31%	$1.23B	31.24	$6.09B	14.51
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$164.44	$17.34	848.48%	225.26x	125.53x	47.10x	36.41x	4.86x	$93.47M	0.33%	$781.38M	4.55	$28.24B	186.23
ADTN	ADTRAN HOLDINGS INC	$8.77	N/A	N/A	-6.69x	219.25x	0.71x	4.14x	N/A	$105.20M	15.04%	$169.61M	2.13	$813.75M	29.92
LITE	LUMENTUM HOLDINGS INC	$163.34	$27.19	500.82%	429.84x	50.95x	6.85x	10.06x	2.51x	-$56.60M	-0.50%	$1.13B	16.45	$13.50B	126.45
OCC	OPTICAL CABLE CORP	$8.41	N/A	N/A	-60.07x	N/A	1.03x	4.09x	N/A	-$1.20M	-1.61%	$18.23M	2.06	$83.23M	105.49
CLFD	CLEARFIELD INC	$33.68	$2.52	1,234.24%	3,367.50x	210.47x	2.60x	1.76x	5.23x	$22.70M	4.87%	$264.48M	19.12	$459.66M	49.94
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.89	$8.93	-45.21%	9.06x	N/A	0.62x	1.22x	0.33x	N/A	N/A	$24.23M	4.07	$26.59M	N/A
AUDC	AUDIOCODES LTD	$10.18	N/A	N/A	21.66x	33.93x	1.21x	1.56x	N/A	$32.07M	10.91%	$188.08M	6.51	$268.60M	13.97
LTRX	LANTRONIX INC	$4.58	N/A	N/A	-15.79x	-50.89x	1.44x	2.41x	N/A	$6.78M	3.84%	$74.38M	1.93	$170.97M	-33.75
HLIT	HARMONIC INC	$10.03	N/A	N/A	16.72x	71.64x	1.65x	2.56x	N/A	$118.16M	10.39%	$446.40M	3.94	$1.17B	10.11
NOK	NOKIA CORP	$4.70	$2.47	90.49%	13.95x	15.32x	1.26x	1.18x	4.04x	$2.71B	10.30%	$22.45B	4.00	$26.16B	12.17
ZBRA	ZEBRA TECHNOLOGIES CORP	$317.32	$131.33	141.63%	29.80x	24.33x	3.11x	4.46x	1.80x	$853.00M	5.29%	$3.62B	71.14	$17.59B	18.77
PI	IMPINJ INC	$191.48	N/A	N/A	N/A	1,392.58x	15.47x	29.68x	N/A	$27.46M	0.49%	$187.69M	6.47	$5.82B	298.94
MSI	MOTOROLA SOLUTIONS INC	$477.85	$111.93	326.92%	37.69x	34.89x	7.18x	40.45x	5.10x	$2.38B	2.99%	$1.97B	11.80	$84.61B	25.95
NTGR	NETGEAR INC	$28.63	$36.47	-21.50%	12.84x	-35.35x	1.19x	1.59x	0.47x	$109.54M	13.23%	$523.16M	18.10	$605.80M	7.18
HPE	HEWLETT PACKARD ENTERPRISE CO	$24.73	$21.37	15.75%	28.76x	16.03x	0.99x	1.34x	0.58x	$569.00M	1.73%	$24.40B	18.42	$51.71B	13.60
VSAT	VIASAT INC	$32.36	N/A	N/A	-7.22x	27.90x	0.92x	0.93x	N/A	-$122.00M	-2.94%	$4.55B	35.45	$10.06B	8.33
CRNT	CERAGON NETWORKS LTD	$2.35	N/A	N/A	15.67x	26.11x	0.55x	1.22x	N/A	$11.56M	5.49%	$171.78M	1.92	$218.59M	5.68
INSG	INSEEGO CORP	$12.72	$3.89	226.94%	36.34x	24.00x	0.99x	-14.69x	2.72x	$19.30M	10.11%	-$13.00M	-0.87	$214.72M	7.34
MOB	MOBILICOM LTD	$7.52	N/A	N/A	N/A	-14.46x	30.69x	20.00x	N/A	-$2.42M	-4.28%	$3.12M	0.41	$58.15M	N/A
FEIM	FREQUENCY ELECTRONICS INC	$27.33	$185.93	-85.30%	12.04x	N/A	3.88x	4.73x	0.06x	-$1.00M	-0.38%	$56.32M	5.79	$268.92M	21.97
CMTL	COMTECH TELECOMMUNICATIONS CORP	$2.43	N/A	N/A	-0.24x	-1.75x	0.14x	0.62x	N/A	-$39.94M	-55.93%	$115.43M	3.93	$294.52M	-1.44
ONDS	ONDAS HOLDINGS INC	$6.10	N/A	N/A	-11.51x	-19.06x	57.01x	14.72x	N/A	-$31.93M	-3.48%	$90.82M	0.60	$1.29B	-41.29
SYTA	SIYATA MOBILE INC	$2.59	N/A	N/A	0.03x	-0.00x	1.83x	2.54x	N/A	-$13.43M	-84.48%	$12.29M	2.00	$27.25M	-3.14
AMPG	AMPLITECH GROUP INC	$4.10	N/A	N/A	-6.61x	N/A	4.32x	2.36x	N/A	-$7.68M	-9.20%	$35.81M	1.76	$77.71M	-10.78
AIOT	POWERFLEET INC	$5.27	N/A	N/A	-17.00x	14.64x	1.80x	1.53x	N/A	-$28.72M	-4.08%	$460.73M	3.46	$950.94M	19.91
AAOI	APPLIED OPTOELECTRONICS INC	$29.47	N/A	N/A	-7.22x	-65.49x	4.78x	5.30x	N/A	-$170.44M	-11.56%	$309.01M	6.18	$1.76B	-12.12
SONM	SONIM TECHNOLOGIES INC	$0.71	N/A	N/A	-0.11x	0.85x	0.07x	-6.05x	N/A	-$18.11M	-436.76%	-$1.08M	-0.19	$7.25M	-0.28
TSAT	TELESAT CORP	$25.34	N/A	N/A	-4.72x	N/A	1.04x	0.76x	N/A	-$803.19M	-215.85%	$493.62M	33.62	$2.32B	14.40
SATS	ECHOSTAR CORP	$71.81	N/A	N/A	-67.75x	-18.60x	1.34x	1.05x	N/A	-$1.74B	-8.42%	$19.74B	68.65	$47.77B	20.00
ASTS	AST SPACEMOBILE INC	$41.19	N/A	N/A	-23.40x	-41.95x	2,059.50x	17.03x	N/A	-$676.87M	-6.79%	$867.37M	3.58	$14.33B	-51.03
SILC	SILICOM LTD	$17.71	N/A	N/A	-6.93x	N/A	1.72x	0.83x	N/A	N/A	N/A	$121.73M	21.43	$54.93M	N/A
MITQ	MOVING IMAGE TECHNOLOGIES INC	$1.25	N/A	N/A	-11.36x	N/A	0.67x	2.48x	N/A	-$368.00k	-2.96%	$5.00M	0.50	$8.25M	-9.49
CLRO	CLEARONE INC	$5.13	N/A	N/A	-0.73x	N/A	0.92x	0.60x	N/A	-$6.03M	-67.80%	$14.95M	8.62	$9.50M	-0.89
AIRG	AIRGAIN INC	$4.28	N/A	N/A	-7.38x	-10.31x	0.89x	1.71x	N/A	-$2.19M	-4.32%	$29.79M	2.52	$47.62M	-15.31
SYNX	SILYNXCOM LTD	$1.58	N/A	N/A	-3.50x	N/A	0.91x	1.51x	N/A	-$1.07M	-12.97%	$5.55M	1.07	$6.06M	-2.91
ASNS	ACTELIS NETWORKS INC	$0.44	N/A	N/A	-0.56x	-0.68x	0.76x	4.81x	N/A	-$7.43M	-186.24%	$1.02M	0.11	$5.15M	-0.90
FOXX	FOXX DEVELOPMENT HOLDINGS INC	$5.05	N/A	N/A	-2.11x	N/A	0.66x	-22.02x	N/A	-$5.12M	-14.40%	-$1.56M	-0.22	$31.71M	-10.74
FKWL	FRANKLIN WIRELESS CORP	$4.02	N/A	N/A	-28.71x	N/A	1.05x	1.34x	N/A	$5.47M	11.54%	$35.32M	3.00	$36.05M	-44.69
FIEE	FIEE INC	$2.85	N/A	N/A	-12.39x	N/A	316.67x	6.05x	N/A	-$709.91k	-4.88%	$2.93M	0.58	$13.60M	-10.98
CMBM	CAMBIUM NETWORKS CORP	$0.71	N/A	N/A	-0.20x	-1.95x	0.12x	0.46x	N/A	-$23.77M	-117.93%	$43.63M	1.55	$50.58M	-0.65
KVHI	KVH INDUSTRIES INC	$6.09	N/A	N/A	-12.43x	N/A	1.08x	0.87x	N/A	-$17.78M	-14.98%	$137.81M	7.07	$71.79M	19.33
BOXL	BOXLIGHT CORP	$1.65	N/A	N/A	-0.12x	-0.28x	0.05x	-0.21x	N/A	$3.52M	64.67%	-$20.63M	-6.26	$44.20M	33.64
UTSI	UTSTARCOM HOLDINGS CORP	$2.28	N/A	N/A	-3.41x	N/A	2.13x	0.50x	N/A	-$6.60M	-31.61%	$42.21M	4.61	-$25.08M	6.17

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Sep 2025?

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. Bk Technologies (NYSEMKT:BKTI)

Bk Technologies (NYSEMKT:BKTI) is the #1 top communication equipment stock out of 57 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 Bk Technologies (NYSEMKT:BKTI) is: Value: B, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: A, and AI: D.

Bk Technologies (NYSEMKT:BKTI) has a Due Diligence Score of 34, which is 3 points higher than the communication equipment industry average of 31.

BKTI passed 14 out of 38 due diligence checks and has average fundamentals. Bk Technologies has seen its stock return 255.82% over the past year, overperforming other communication equipment stocks by 205 percentage points.

Bk Technologies has an average 1 year price target of $74.00, an upside of 0.42% from Bk Technologies's current stock price of $73.69.

Bk Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Bk Technologies, 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.

2. Extreme Networks (NASDAQ:EXTR)

Extreme Networks (NASDAQ:EXTR) is the #2 top communication equipment stock out of 57 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 Extreme Networks (NASDAQ:EXTR) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: B.

Extreme Networks (NASDAQ:EXTR) has a Due Diligence Score of 17, which is -14 points lower than the communication equipment industry average of 31. Although this number is below the industry average, our proven quant model rates EXTR as a "A".

EXTR passed 5 out of 33 due diligence checks and has weak fundamentals. Extreme Networks has seen its stock return 46.54% over the past year, underperforming other communication equipment stocks by -4 percentage points.

Extreme Networks has an average 1 year price target of $21.25, a downside of -4.54% from Extreme Networks's current stock price of $22.26.

Extreme Networks stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Extreme Networks, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% 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 57 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: B, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 64, which is 33 points higher than the communication equipment industry average of 31.

DGII passed 20 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 36.26% over the past year, underperforming other communication equipment stocks by -14 percentage points.

Digi International has an average 1 year price target of $41.00, an upside of 12.95% from Digi International's current stock price of $36.30.

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.

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. Frequency Electronics (NASDAQ:FEIM)

Frequency Electronics (NASDAQ:FEIM) has an annual dividend yield of N/A, which is N/A percentage points lower than the communication equipment industry average of 1.91%. Frequency Electronics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Frequency Electronics's dividend has not shown consistent growth over the last 10 years.

Frequency Electronics's dividend payout ratio of 0% indicates that its 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 3.91%, which is 2 percentage points higher than the communication equipment industry average of 1.91%. 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 63.8% indicates that its high dividend yield is sustainable for the long-term.

3. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) has an annual dividend yield of 3.73%, which is 2 percentage points higher than the communication equipment industry average of 1.91%. 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 76.6% indicates that its dividend yield is sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -0.09% in the last day, and up 0.96% 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. Ceragon Networks (NASDAQ:CRNT)

Ceragon Networks (NASDAQ:CRNT) 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.

Ceragon Networks has a valuation score of 43, which is 17 points higher than the communication equipment industry average of 26. It passed 3 out of 7 valuation due diligence checks.

Ceragon Networks's stock has dropped -12.64% in the past year. It has underperformed other stocks in the communication equipment industry by -63 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 71, which is 45 points higher than the communication equipment industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 8.76% in the past year. It has underperformed other stocks in the communication equipment industry by -42 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 43, which is 17 points higher than the communication equipment industry average of 26. It passed 3 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 8.7% in the past year. It has underperformed other stocks in the communication equipment industry by -42 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 fall by -4.67% over the next year.

18.18% of communication equipment stocks have a Zen Rating of A (Strong Buy), 18.18% of communication equipment stocks are rated B (Buy), 50% are rated C (Hold), 9.09% are rated D (Sell), and 4.55% 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 389.97x.

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.