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	$73.73	$45.43	62.28%	22.21x	N/A	3.43x	7.49x	1.10x	$13.23M	4.92%	$36.76M	10.08	$264.44M	19.90
EXTR	EXTREME NETWORKS INC	$22.53	N/A	N/A	-375.50x	42.51x	2.62x	45.42x	N/A	$127.32M	4.27%	$65.58M	0.50	$2.97B	60.24
DGII	DIGI INTERNATIONAL INC	$35.92	$17.55	104.63%	30.97x	21.01x	3.16x	2.15x	1.29x	$101.07M	7.59%	$621.51M	16.76	$1.37B	15.05
VIAV	VIAVI SOLUTIONS INC	$12.17	$4.15	193.07%	76.06x	34.45x	2.50x	3.48x	1.45x	$67.10M	2.48%	$780.20M	3.51	$2.93B	27.25
ERIC	ERICSSON LM TELEPHONE CO	$7.96	$0.80	891.07%	7,960.00x	13.38x	1.07x	2.83x	3.81x	$4.27B	16.12%	$9.43B	2.83	$26.82B	42.31
CIEN	CIENA CORP	$137.48	$29.47	366.45%	140.29x	94.35x	4.29x	6.96x	2.22x	$700.83M	3.59%	$2.79B	19.65	$19.92B	46.27
GILT	GILAT SATELLITE NETWORKS LTD	$11.28	$8.27	36.40%	28.20x	19.12x	1.84x	2.04x	0.73x	$21.29M	3.31%	$315.76M	5.53	$645.79M	16.72
KN	KNOWLES CORP	$22.20	$2.22	900.61%	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	$16.36	N/A	N/A	4.73x	13.41x	0.75x	-1.48x	N/A	$258.10M	7.23%	-$2.44B	-11.19	$10.30B	6.59
CSCO	CISCO SYSTEMS INC	$66.93	$29.16	129.49%	26.14x	20.14x	4.70x	5.65x	1.85x	$13.29B	4.99%	$46.84B	11.78	$284.33B	18.34
UI	UBIQUITI INC	$597.91	$101.37	489.82%	50.80x	50.16x	14.05x	54.13x	7.38x	$627.44M	1.74%	$668.26M	11.05	$36.31B	42.31
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$164.42	$17.30	850.52%	225.23x	125.51x	47.10x	36.40x	4.86x	$93.47M	0.33%	$781.38M	4.55	$28.24B	186.21
ITRN	ITURAN LOCATION & CONTROL LTD	$35.46	$28.14	25.98%	12.71x	N/A	2.08x	3.42x	1.18x	$59.24M	8.40%	$206.04M	10.36	$621.77M	6.93
AVNW	AVIAT NETWORKS INC	$23.51	$57.71	-59.26%	213.73x	12.03x	0.69x	1.14x	0.16x	-$7.25M	-2.43%	$263.18M	20.75	$332.14M	17.30
BDC	BELDEN INC	$129.45	$89.50	44.64%	23.12x	17.47x	1.95x	4.15x	0.88x	$215.66M	4.22%	$1.23B	31.24	$6.20B	14.77
ADTN	ADTRAN HOLDINGS INC	$8.86	N/A	N/A	-6.76x	221.50x	0.72x	4.18x	N/A	$105.20M	14.89%	$169.61M	2.13	$820.95M	30.18
LITE	LUMENTUM HOLDINGS INC	$170.90	$27.12	530.06%	449.74x	53.31x	7.17x	10.53x	2.63x	-$56.60M	-0.48%	$1.13B	16.45	$14.03B	131.40
CLFD	CLEARFIELD INC	$33.63	$2.52	1,235.49%	3,363.00x	210.19x	2.59x	1.76x	5.22x	$22.70M	4.88%	$264.48M	19.12	$459.04M	49.87
OCC	OPTICAL CABLE CORP	$8.40	N/A	N/A	-60.00x	N/A	1.03x	4.09x	N/A	-$1.20M	-1.61%	$18.23M	2.06	$83.14M	105.38
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.77	$8.91	-46.44%	8.83x	N/A	0.61x	1.19x	0.32x	N/A	N/A	$24.23M	4.07	$25.86M	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	$4.65	N/A	N/A	-16.03x	-51.67x	1.46x	2.45x	N/A	$6.78M	3.78%	$74.38M	1.93	$173.71M	-34.29
ZBRA	ZEBRA TECHNOLOGIES CORP	$318.41	$131.03	143.01%	29.90x	24.41x	3.12x	4.48x	1.81x	$853.00M	5.27%	$3.62B	71.14	$17.64B	18.83
HLIT	HARMONIC INC	$9.99	N/A	N/A	16.65x	71.36x	1.64x	2.55x	N/A	$118.16M	10.43%	$446.40M	3.94	$1.16B	10.07
NOK	NOKIA CORP	$4.61	$2.46	87.27%	13.68x	15.03x	1.24x	1.15x	3.96x	$2.71B	10.50%	$22.45B	4.00	$25.66B	11.94
PI	IMPINJ INC	$193.76	N/A	N/A	N/A	1,409.16x	15.66x	30.03x	N/A	$27.46M	0.49%	$187.69M	6.47	$5.89B	302.35
MSI	MOTOROLA SOLUTIONS INC	$476.84	$111.68	326.98%	37.61x	34.81x	7.17x	40.37x	5.09x	$2.38B	3.00%	$1.97B	11.80	$84.44B	25.89
HPE	HEWLETT PACKARD ENTERPRISE CO	$24.43	$21.32	14.61%	28.41x	15.84x	0.98x	1.32x	0.58x	$569.00M	1.76%	$24.40B	18.42	$51.32B	13.50
NTGR	NETGEAR INC	$28.95	$36.39	-20.44%	12.98x	-35.74x	1.20x	1.61x	0.48x	$109.54M	13.09%	$523.16M	18.10	$615.08M	7.29
VSAT	VIASAT INC	$31.69	N/A	N/A	-7.07x	27.32x	0.90x	0.91x	N/A	-$122.00M	-3.00%	$4.55B	35.45	$9.97B	8.26
CRNT	CERAGON NETWORKS LTD	$2.23	N/A	N/A	14.87x	24.78x	0.52x	1.16x	N/A	$11.56M	5.78%	$171.78M	1.92	$207.85M	5.40
INSG	INSEEGO CORP	$12.83	$3.88	230.52%	36.66x	24.21x	1.00x	-14.82x	2.74x	$19.30M	10.02%	-$13.00M	-0.87	$216.37M	7.40
MOB	MOBILICOM LTD	$7.70	N/A	N/A	N/A	-14.81x	31.43x	20.48x	N/A	-$2.42M	-4.18%	$3.12M	0.41	$59.64M	N/A
FEIM	FREQUENCY ELECTRONICS INC	$27.43	$185.51	-85.21%	12.08x	N/A	3.89x	4.75x	0.06x	-$1.00M	-0.38%	$56.32M	5.79	$269.89M	22.05
ONDS	ONDAS HOLDINGS INC	$6.09	N/A	N/A	-11.49x	-19.03x	56.92x	14.70x	N/A	-$31.93M	-3.48%	$90.82M	0.60	$1.29B	-41.22
SYTA	SIYATA MOBILE INC	$2.41	N/A	N/A	0.03x	-0.00x	1.71x	2.37x	N/A	-$13.43M	-90.79%	$12.29M	2.00	$25.08M	-2.89
CMTL	COMTECH TELECOMMUNICATIONS CORP	$2.44	N/A	N/A	-0.24x	-1.76x	0.14x	0.62x	N/A	-$39.94M	-55.70%	$115.43M	3.93	$294.81M	-1.45
AMPG	AMPLITECH GROUP INC	$4.36	N/A	N/A	-7.03x	N/A	4.59x	2.50x	N/A	-$7.68M	-8.65%	$35.81M	1.76	$83.06M	-11.53
AIOT	POWERFLEET INC	$5.26	N/A	N/A	-16.97x	14.61x	1.79x	1.52x	N/A	-$28.72M	-4.09%	$460.73M	3.46	$949.61M	19.89
AAOI	APPLIED OPTOELECTRONICS INC	$28.93	N/A	N/A	-7.09x	-64.29x	4.69x	5.20x	N/A	-$170.44M	-11.77%	$309.01M	6.18	$1.73B	-11.91
SONM	SONIM TECHNOLOGIES INC	$0.70	N/A	N/A	-0.11x	0.84x	0.07x	-6.00x	N/A	-$18.11M	-440.48%	-$1.08M	-0.19	$7.19M	-0.27
TSAT	TELESAT CORP	$26.58	N/A	N/A	-4.95x	N/A	1.09x	0.80x	N/A	-$803.19M	-205.78%	$493.62M	33.62	$2.34B	14.51
SATS	ECHOSTAR CORP	$69.80	N/A	N/A	-65.85x	-18.08x	1.30x	1.02x	N/A	-$1.74B	-8.66%	$19.74B	68.65	$47.19B	19.76
ASTS	AST SPACEMOBILE INC	$40.43	N/A	N/A	-22.97x	-41.17x	2,021.50x	16.71x	N/A	-$676.87M	-6.92%	$867.37M	3.58	$14.06B	-50.06
AIRG	AIRGAIN INC	$4.32	N/A	N/A	-7.45x	-10.41x	0.90x	1.73x	N/A	-$2.19M	-4.28%	$29.79M	2.52	$48.10M	-15.46
FKWL	FRANKLIN WIRELESS CORP	$4.10	N/A	N/A	-29.29x	N/A	1.07x	1.37x	N/A	$5.47M	11.32%	$35.32M	3.00	$36.99M	-45.86
ASNS	ACTELIS NETWORKS INC	$0.43	N/A	N/A	-0.55x	-0.67x	0.74x	4.72x	N/A	-$7.43M	-189.72%	$1.02M	0.11	$5.06M	-0.89
FOXX	FOXX DEVELOPMENT HOLDINGS INC	$4.93	N/A	N/A	-2.06x	N/A	0.65x	-21.49x	N/A	-$5.12M	-14.75%	-$1.56M	-0.22	$30.89M	-10.47
FIEE	FIEE INC	$2.92	N/A	N/A	-12.70x	N/A	324.44x	6.20x	N/A	-$709.91k	-4.76%	$2.93M	0.58	$14.04M	-11.33
KVHI	KVH INDUSTRIES INC	$6.21	N/A	N/A	-12.67x	N/A	1.10x	0.88x	N/A	-$17.78M	-14.69%	$137.81M	7.07	$74.14M	19.96
BOXL	BOXLIGHT CORP	$2.52	N/A	N/A	-0.19x	-0.42x	0.07x	-0.32x	N/A	$3.52M	42.34%	-$20.63M	-6.26	$46.51M	35.40
UTSI	UTSTARCOM HOLDINGS CORP	$2.15	N/A	N/A	-3.21x	N/A	2.01x	0.47x	N/A	-$6.60M	-33.58%	$42.21M	4.61	-$26.31M	6.47
CMBM	CAMBIUM NETWORKS CORP	$0.76	N/A	N/A	-0.21x	-2.06x	0.12x	0.49x	N/A	-$23.77M	-111.38%	$43.63M	1.55	$51.77M	-0.66
SYNX	SILYNXCOM LTD	$1.61	N/A	N/A	-3.57x	N/A	0.92x	1.53x	N/A	-$1.07M	-12.73%	$5.55M	1.07	$6.22M	-2.98
CLRO	CLEARONE INC	$5.16	N/A	N/A	-0.74x	N/A	0.92x	0.60x	N/A	-$6.03M	-67.40%	$14.95M	8.62	$9.55M	-0.89
SILC	SILICOM LTD	$18.51	N/A	N/A	-7.24x	N/A	1.79x	0.86x	N/A	N/A	N/A	$121.73M	21.43	$59.48M	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

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 243.41% over the past year, overperforming other communication equipment stocks by 192 percentage points.

Bk Technologies has an average 1 year price target of $74.00, an upside of 0.37% from Bk Technologies's current stock price of $73.73.

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 52.13% over the past year, overperforming other communication equipment stocks by 1 percentage points.

Extreme Networks has an average 1 year price target of $21.25, a downside of -5.68% from Extreme Networks's current stock price of $22.53.

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 35.5% over the past year, underperforming other communication equipment stocks by -16 percentage points.

Digi International has an average 1 year price target of $41.00, an upside of 14.14% from Digi International's current stock price of $35.92.

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 1.92%. 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 3.92%, which is 2 percentage points higher than the communication equipment industry average of 1.92%. 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 1.92%. 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 76.6% indicates that its dividend yield is sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -1.02% in the last day, and up 2.33% over the last week. Adtran Holdings was the among the top losers in the communication equipment industry, dropping -15.13% yesterday.

ADTRAN Holdings shares are trading lower after the company announced a $150 million convertible notes offering.

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 -16.48% in the past year. It has underperformed other stocks in the communication equipment industry by -68 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 5.71% in the past year. It has underperformed other stocks in the communication equipment industry by -46 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 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 8.01% 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?

52.78% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to fall by -4.72% over the next year.

18.18% of communication equipment stocks have a Zen Rating of A (Strong Buy), 15.91% of communication equipment stocks are rated B (Buy), 52.27% 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 390.08x.

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.