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 +28.50% 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 42nd 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
DGII	DIGI INTERNATIONAL INC	$68.91	$26.53	159.78%	53.42x	25.10x	5.14x	3.82x	1.07x	$136.28M	5.24%	$685.15M	18.14	$2.71B	23.98
HPE	HEWLETT PACKARD ENTERPRISE CO	$58.90	$26.41	123.02%	29.16x	17.01x	1.88x	2.95x	1.11x	$4.57B	5.81%	$26.51B	19.85	$92.22B	14.00
ITRN	ITURAN LOCATION & CONTROL LTD	$51.32	$25.87	98.37%	15.84x	14.03x	2.58x	4.65x	1.60x	$80.49M	7.93%	$218.37M	11.04	$915.21M	8.90
AUDC	AUDIOCODES LTD	$9.73	$10.57	-7.92%	37.42x	15.51x	0.98x	1.64x	0.33x	$21.59M	8.81%	$145.78M	5.79	$229.22M	12.13
EXTR	EXTREME NETWORKS INC	$21.46	$9.20	133.23%	67.06x	16.12x	2.22x	31.61x	0.88x	$95.24M	3.34%	$88.59M	0.67	$2.78B	27.83
BDC	BELDEN INC	$117.78	$77.52	51.94%	18.91x	13.52x	1.60x	3.32x	0.78x	$212.08M	4.62%	$1.38B	35.54	$5.57B	11.77
OCC	OPTICAL CABLE CORP	$13.70	$10.07	36.01%	114.17x	27.68x	1.54x	7.94x	0.45x	-$3.17M	-2.62%	$15.22M	1.73	$130.77M	48.41
CRNT	CERAGON NETWORKS LTD	$2.05	N/A	N/A	-51.25x	19.32x	0.54x	1.09x	N/A	$12.97M	6.93%	$172.05M	1.89	$181.13M	7.98
HLIT	HARMONIC INC	$11.80	N/A	N/A	-28.10x	16.23x	2.59x	3.57x	N/A	$53.91M	4.20%	$360.35M	3.32	$1.19B	-135.41
VIAV	VIAVI SOLUTIONS INC	$39.18	N/A	N/A	-301.38x	23.38x	5.92x	6.67x	N/A	$86.80M	0.96%	$1.45B	6.31	$9.65B	92.04
ZBRA	ZEBRA TECHNOLOGIES CORP	$344.83	$158.34	117.78%	31.29x	16.01x	2.79x	4.75x	1.03x	$904.00M	5.54%	$3.44B	72.61	$19.08B	18.09
CIEN	CIENA CORP	$338.00	$71.25	374.38%	73.16x	50.62x	7.98x	15.68x	2.17x	$814.36M	1.70%	$3.06B	21.52	$48.77B	50.24
LTRX	LANTRONIX INC	$5.06	N/A	N/A	-50.60x	21.26x	1.68x	1.98x	N/A	$9.27M	4.57%	$119.28M	2.97	$175.86M	-201.68
KN	KNOWLES CORP	$35.84	$14.87	141.10%	45.95x	26.06x	4.84x	3.85x	1.01x	$63.50M	2.07%	$795.50M	9.28	$3.16B	25.46
PI	IMPINJ INC	$164.70	N/A	N/A	-180.99x	76.41x	13.51x	21.73x	N/A	$62.99M	1.26%	$231.59M	7.60	$5.26B	-649.11
CSCO	CISCO SYSTEMS INC	$109.43	$33.19	229.67%	32.57x	25.08x	6.83x	8.58x	2.04x	$12.77B	2.95%	$50.29B	12.72	$453.75B	22.67
AVNW	AVIAT NETWORKS INC	$19.05	$2.80	579.59%	95.25x	6.70x	0.56x	0.91x	3.26x	$6.09M	2.49%	$267.39M	20.81	$270.21M	9.58
BKTI	BK TECHNOLOGIES CORP	$72.87	$18.38	296.46%	20.02x	19.90x	3.02x	5.29x	41.27x	$17.56M	6.43%	$51.95M	13.85	$246.05M	13.02
AIRG	AIRGAIN INC	$5.28	N/A	N/A	-9.43x	64.71x	1.32x	2.36x	N/A	-$3.19M	-4.70%	$29.31M	2.28	$66.03M	-14.96
LITE	LUMENTUM HOLDINGS INC	$988.98	N/A	N/A	-10.64x	45.51x	24.48x	19.10x	N/A	$342.50M	0.46%	$4.64B	62.25	$88.34B	-12.83
UI	UBIQUITI INC	$520.58	$142.91	264.28%	32.80x	28.53x	9.62x	21.88x	2.49x	$908.94M	2.89%	$1.44B	23.80	$31.05B	25.78
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$167.92	$63.37	164.98%	56.73x	26.89x	19.63x	11.57x	1.07x	$438.60M	1.40%	$2.73B	14.67	$31.11B	52.79
SILC	SILICOM LTD	$43.00	N/A	N/A	-25.13x	-93.89x	3.26x	2.14x	N/A	N/A	N/A	$114.84M	20.10	$226.95M	N/A
CLFD	CLEARFIELD INC	$28.20	N/A	N/A	-55.29x	145.51x	2.94x	1.56x	N/A	$18.52M	4.83%	$245.92M	18.09	$372.89M	-545.17
ERIC	ERICSSON LM TELEPHONE CO	$10.06	$6.06	66.08%	11.03x	N/A	1.32x	2.90x	1.98x	$3.14B	9.37%	$11.71B	3.52	$33.52B	7.63
MSI	MOTOROLA SOLUTIONS INC	$459.89	$136.79	236.21%	35.79x	25.74x	6.23x	28.48x	1.95x	$2.68B	3.51%	$2.67B	16.12	$84.87B	22.85
NOK	NOKIA CORP	$10.76	N/A	N/A	76.31x	N/A	2.64x	2.50x	N/A	$2.28B	3.68%	$24.67B	4.30	$60.92B	44.11
ADTN	ADTRAN HOLDINGS INC	$7.20	N/A	N/A	-25.71x	24.42x	0.51x	4.53x	N/A	$40.18M	6.89%	$129.50M	1.60	$750.09M	7.69
GILT	GILAT SATELLITE NETWORKS LTD	$9.75	$5.69	71.25%	21.20x	14.94x	1.51x	1.38x	0.89x	-$3.35M	-0.45%	$544.61M	7.19	$615.57M	11.46
VISN	VISTANCE NETWORKS INC	$6.41	N/A	N/A	0.20x	5.17x	6.53x	0.59x	N/A	$86.90M	5.98%	$2.51B	11.04	$1.36B	0.20
AAOI	APPLIED OPTOELECTRONICS INC	$107.93	N/A	N/A	-143.91x	141.55x	14.77x	5.47x	N/A	-$900.45M	-10.23%	$1.67B	20.45	$8.92B	-366.70
NTGR	NETGEAR INC	$20.84	N/A	N/A	-22.17x	71.69x	0.81x	1.24x	N/A	-$17.26M	-3.06%	$456.43M	16.88	$427.62M	-31.90
FEIM	FREQUENCY ELECTRONICS INC	$63.64	N/A	N/A	-707.11x	54.25x	9.85x	11.14x	N/A	-$1.58M	-0.25%	$56.40M	5.77	$632.85M	414.71
MOB	MOBILICOM LTD	$4.97	N/A	N/A	N/A	-128.42x	24.85x	7.93x	N/A	-$3.91M	-6.12%	$8.07M	0.63	$57.08M	N/A
VSAT	VIASAT INC	$72.36	N/A	N/A	-344.57x	-41.73x	2.14x	2.15x	N/A	$578.29M	5.83%	$4.64B	33.84	$15.10B	8.52
CLRO	CLEARONE INC	$4.91	N/A	N/A	-0.45x	N/A	N/A	-34.48x	N/A	-$14.43M	-109.82%	-$381.00k	-0.14	$13.11M	-0.65
AIOT	POWERFLEET INC	$2.97	N/A	N/A	-21.21x	-50.17x	0.88x	0.83x	N/A	-$2.98M	-0.74%	$482.59M	3.60	$657.55M	7.88
CMTL	COMTECH TELECOMMUNICATIONS CORP	$1.53	N/A	N/A	-0.69x	-1.90x	0.10x	0.87x	N/A	$15.35M	33.40%	$52.49M	1.75	$268.82M	5.28
INSG	INSEEGO CORP	$4.30	N/A	N/A	30.71x	-6.25x	0.41x	-2.31x	N/A	-$19.90M	-28.37%	-$30.56M	-1.87	$131.40M	50.46
AMPG	AMPLITECH GROUP INC	$3.44	N/A	N/A	-10.42x	14.05x	3.65x	2.21x	N/A	-$14.19M	-16.22%	$46.75M	1.84	$98.38M	-17.61
TSAT	TELESAT CORP	$46.48	N/A	N/A	-2.61x	-4.33x	2.72x	2.62x	N/A	-$408.42M	-57.74%	$270.35M	17.76	$4.12B	-55.05
ASTS	AST SPACEMOBILE INC	$62.42	N/A	N/A	-29.31x	-40.44x	161.71x	12.83x	N/A	-$1.74B	-9.30%	$1.89B	6.33	$24.56B	-52.18
ONDS	ONDAS INC	$7.29	N/A	N/A	-182.25x	32.00x	20.95x	2.65x	N/A	-$171.95M	-4.71%	$1.57B	3.14	$3.50B	21.07
FKWL	FRANKLIN WIRELESS CORP	$2.42	N/A	N/A	-40.33x	59.31x	0.81x	0.85x	N/A	-$4.03M	-14.13%	$33.50M	2.84	$20.33M	-76.38
UTSI	UTSTARCOM HOLDINGS CORP	$2.25	N/A	N/A	-2.23x	N/A	2.68x	0.67x	N/A	-$9.61M	-46.40%	$30.76M	3.34	-$12.72M	1.93
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.60	N/A	N/A	-30.00x	N/A	0.32x	1.22x	N/A	-$2.96M	-49.50%	$4.88M	0.49	$4.58M	32.72
CHAI	CORE AI HOLDINGS INC	$0.26	N/A	N/A	0.09x	-0.04x	0.10x	3.59x	N/A	$5.88M	108.63%	$1.75M	0.08	-$2.28M	0.10
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.65	N/A	N/A	8.61x	8.65x	0.65x	1.06x	N/A	N/A	N/A	$30.88M	4.38	$24.54M	N/A
BOXL	BOXLIGHT CORP	$5.77	N/A	N/A	-0.04x	-0.05x	0.03x	-2.71x	N/A	-$7.73M	-236.15%	-$1.42M	-2.51	$40.32M	-6.85
SYNX	SILYNXCOM LTD	$0.83	N/A	N/A	-1.71x	N/A	0.90x	1.01x	N/A	-$2.70M	-51.38%	$5.44M	0.86	$3.63M	-1.32
SONM	DNA X INC	$3.13	N/A	N/A	-0.31x	N/A	-0.15x	-3.78x	N/A	-$14.51M	-343.04%	-$1.23M	-0.91	$6.16M	-1.24
NUR	NURAN WIRELESS INC	$1.55	N/A	N/A	N/A	N/A	N/A	127.28x	N/A	N/A	N/A	$159.34k	0.01	$30.67M	N/A
FIEE	FIEE INC	$4.20	N/A	N/A	7.78x	N/A	2.71x	3.18x	N/A	$2.86M	8.05%	$11.28M	1.33	$30.38M	4.47

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Sep 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 53 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: B, Sentiment: B, Safety: B, Financials: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 40, which is 7 points higher than the communication equipment industry average of 33.

DGII passed 14 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 99.45% over the past year, overperforming other communication equipment stocks by 55 percentage points.

Digi International has an average 1 year price target of $82.33, an upside of 19.48% from Digi International's current stock price of $68.91.

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. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) is the #2 top communication equipment stock out of 53 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 Hewlett Packard Enterprise Co (NYSE:HPE) is: Value: B, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: C.

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 54, which is 21 points higher than the communication equipment industry average of 33.

HPE passed 20 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 146.65% over the past year, overperforming other communication equipment stocks by 103 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.18, an upside of 17.45% from Hewlett Packard Enterprise Co's current stock price of $58.90.

Hewlett Packard Enterprise Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Hewlett Packard Enterprise Co, 58.82% have issued a Strong Buy rating, 11.76% have issued a Buy, 29.41% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) is the #3 top communication equipment stock out of 53 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: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: A.

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 57, which is 24 points higher than the communication equipment industry average of 33.

ITRN passed 21 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 48.37% over the past year, overperforming other communication equipment stocks by 4 percentage points.

Ituran Location & Control has an average 1 year price target of $70.00, an upside of 36.4% from Ituran Location & Control's current stock price of $51.32.

Ituran Location & Control stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.

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 156.13%, which is 140 percentage points higher than the communication equipment industry average of 15.99%.

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 5.85%, which is -10 percentage points lower than the communication equipment industry average of 15.99%. 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. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) has an annual dividend yield of 4.11%, which is -12 percentage points lower than the communication equipment industry average of 15.99%. 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 153.8% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -2.16% in the last day, and up 0.51% 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. Belden (NYSE:BDC)

Belden (NYSE:BDC) 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.

Belden has a valuation score of 57, which is 36 points higher than the communication equipment industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Belden's stock has dropped -7.98% in the past year. It has underperformed other stocks in the communication equipment industry by -52 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 57, which is 36 points higher than the communication equipment industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -1.62% 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 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 25.44% in the past year. It has underperformed other stocks in the communication equipment industry by -19 percentage points.

Are communication equipment stocks a good buy now?

61.76% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 28.1% over the next year.

13.95% of communication equipment stocks have a Zen Rating of A (Strong Buy), 20.93% of communication equipment stocks are rated B (Buy), 41.86% are rated C (Hold), 11.63% are rated D (Sell), and 11.63% 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 20.42x.

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.