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 32nd 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	$25.44	$23.86	6.64%	49.88x	19.92x	3.71x	2.78x	0.41x	$81.90M	3.73%	$775.80M	8.98	$2.24B	21.77
DGII	DIGI INTERNATIONAL INC	$47.47	$24.50	93.73%	42.01x	20.14x	3.95x	2.75x	0.87x	$111.66M	6.30%	$649.20M	17.38	$1.90B	19.93
ITRN	ITURAN LOCATION & CONTROL LTD	$50.54	$25.87	95.39%	17.31x	15.34x	2.80x	4.61x	1.67x	$67.70M	6.74%	$217.56M	10.95	$899.91M	9.58
LTRX	LANTRONIX INC	$5.39	N/A	N/A	-23.43x	32.35x	1.82x	2.87x	N/A	$9.64M	4.53%	$74.42M	1.88	$200.65M	-42.35
BKTI	BK TECHNOLOGIES CORP	$73.40	$116.46	-36.98%	19.89x	17.26x	3.13x	6.22x	0.26x	$16.31M	6.05%	$44.70M	12.17	$256.64M	14.56
ERIC	ERICSSON LM TELEPHONE CO	$11.14	$6.60	68.90%	12.21x	N/A	1.47x	3.21x	2.19x	$3.14B	8.46%	$11.71B	3.52	$37.17B	8.46
EXTR	EXTREME NETWORKS INC	$15.26	$4.60	231.71%	218.00x	15.02x	1.68x	21.36x	1.23x	$121.74M	5.96%	$95.91M	0.72	$2.04B	30.77
CIEN	CIENA CORP	$401.61	$48.27	731.94%	249.45x	73.77x	11.10x	20.34x	3.44x	$742.21M	1.30%	$2.79B	19.71	$57.25B	112.86
AUDC	AUDIOCODES LTD	$8.33	$11.69	-28.72%	26.87x	12.36x	0.97x	1.33x	0.28x	$22.89M	9.64%	$171.30M	6.01	$221.09M	12.10
FIEE	FIEE INC	$6.81	N/A	N/A	56.73x	N/A	6.18x	8.20x	N/A	$3.45M	9.02%	$6.59M	1.17	$50.96M	25.22
BDC	BELDEN INC	$112.88	$70.62	59.83%	18.81x	14.20x	1.65x	3.46x	0.99x	$218.69M	4.89%	$1.26B	31.93	$5.36B	12.12
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$95.24	$37.95	150.97%	49.60x	29.94x	16.25x	9.50x	1.17x	$283.69M	1.63%	$1.85B	10.15	$16.36B	44.04
ADTN	ADTRAN HOLDINGS INC	$12.93	N/A	N/A	-24.87x	26.27x	0.95x	7.15x	N/A	$98.03M	9.51%	$145.83M	1.83	$1.19B	16.74
UI	UBIQUITI INC	$779.92	$143.96	441.77%	53.09x	47.03x	15.88x	46.48x	4.04x	$699.50M	1.48%	$1.02B	16.79	$47.00B	44.17
HPE	HEWLETT PACKARD ENTERPRISE CO	$23.94	N/A	N/A	-140.82x	10.07x	0.89x	1.28x	N/A	$2.52B	7.88%	$24.77B	18.57	$48.53B	18.02
AVNW	AVIAT NETWORKS INC	$22.93	$23.93	-4.18%	20.11x	9.34x	0.66x	1.09x	0.44x	$16.08M	5.46%	$271.61M	21.13	$317.74M	7.80
CSCO	CISCO SYSTEMS INC	$79.92	$34.58	131.15%	28.65x	18.86x	5.35x	6.61x	1.38x	$12.24B	3.87%	$47.72B	12.07	$338.30B	19.90
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$5.03	$8.85	-43.19%	9.15x	N/A	0.64x	1.23x	0.29x	N/A	N/A	$25.23M	4.09	$25.76M	N/A
OCC	OPTICAL CABLE CORP	$9.14	N/A	N/A	-101.56x	N/A	1.09x	4.45x	N/A	-$499.31k	-0.62%	$18.13M	2.05	$87.72M	88.32
VIAV	VIAVI SOLUTIONS INC	$34.64	N/A	N/A	-192.44x	40.59x	6.24x	9.61x	N/A	$81.00M	1.05%	$834.30M	3.73	$8.52B	173.88
MSI	MOTOROLA SOLUTIONS INC	$438.32	$137.09	219.72%	33.90x	25.86x	6.25x	30.13x	2.19x	$2.57B	3.52%	$2.41B	14.47	$81.08B	22.95
HLIT	HARMONIC INC	$9.38	N/A	N/A	-24.68x	16.32x	2.96x	2.70x	N/A	$96.89M	9.08%	$383.25M	3.37	$1.04B	-50.19
VSAT	VIASAT INC	$46.58	N/A	N/A	-17.85x	-43.49x	1.37x	1.38x	N/A	$623.88M	9.87%	$4.57B	33.66	$11.70B	7.94
KVHI	KVH INDUSTRIES INC	$8.60	N/A	N/A	-22.63x	40.15x	1.50x	1.28x	N/A	$24.81M	14.87%	$130.98M	6.75	$102.00M	32.05
GILT	GILAT SATELLITE NETWORKS LTD	$15.39	$6.61	132.81%	43.97x	30.18x	2.03x	2.27x	1.10x	$9.19M	1.01%	$500.28M	8.42	$975.33M	20.71
SILC	SILICOM LTD	$20.79	N/A	N/A	-10.34x	-16.14x	1.92x	1.01x	N/A	-$3.96M	-3.33%	$117.49M	20.59	$89.75M	-9.95
CLFD	CLEARFIELD INC	$27.66	N/A	N/A	-56.45x	50.22x	2.57x	1.52x	N/A	$19.48M	5.08%	$249.65M	18.00	$372.74M	204.69
ZBRA	ZEBRA TECHNOLOGIES CORP	$202.64	$157.47	28.68%	24.59x	11.17x	1.85x	2.78x	0.61x	$831.00M	8.34%	$3.59B	72.94	$12.50B	14.66
PI	IMPINJ INC	$98.75	N/A	N/A	-266.89x	51.09x	8.01x	14.27x	N/A	$45.89M	1.59%	$209.23M	7.15	$3.24B	381.74
NOK	NOKIA CORP	$7.98	N/A	N/A	56.60x	N/A	1.96x	1.86x	N/A	$2.28B	4.96%	$24.67B	4.30	$44.96B	32.55
INSG	INSEEGO CORP	$11.42	N/A	N/A	-63.44x	-239.92x	1.04x	-45.80x	N/A	-$2.08M	-1.21%	-$4.04M	-0.27	$204.86M	14.54
LITE	LUMENTUM HOLDINGS INC	$702.73	$112.14	526.68%	194.12x	94.46x	23.73x	59.27x	2.57x	$18.50M	0.04%	$846.60M	11.91	$52.84B	164.00
CRNT	CERAGON NETWORKS LTD	$2.12	N/A	N/A	-106.00x	12.79x	0.56x	1.11x	N/A	$14.13M	7.41%	$172.75M	1.92	$190.06M	8.81
VISN	VISTANCE NETWORKS INC	$17.95	N/A	N/A	1.78x	17.69x	2.04x	-4.03x	N/A	$262.60M	6.66%	-$1.00B	-4.57	$10.55B	4.61
AMPG	AMPLITECH GROUP INC	$1.80	N/A	N/A	-5.45x	4.52x	1.50x	1.39x	N/A	-$9.70M	-25.67%	$32.86M	1.57	$44.79M	-8.40
AIRG	AIRGAIN INC	$5.33	N/A	N/A	-9.87x	90.80x	1.22x	2.30x	N/A	-$1.50M	-2.38%	$28.29M	2.39	$62.50M	-23.54
AIOT	POWERFLEET INC	$2.91	N/A	N/A	-12.13x	-20.67x	0.90x	0.80x	N/A	-$7.88M	-2.03%	$485.03M	3.62	$644.49M	9.76
NTGR	NETGEAR INC	$21.57	N/A	N/A	-34.24x	78.32x	0.88x	1.22x	N/A	-$18.91M	-3.06%	$497.82M	17.40	$437.51M	-49.83
MOB	MOBILICOM LTD	$4.93	N/A	N/A	-2.59x	N/A	18.26x	9.62x	N/A	-$1.38M	-3.14%	$6.26M	0.71	$53.41M	-3.17
CMTL	COMTECH TELECOMMUNICATIONS CORP	$3.10	N/A	N/A	-1.39x	-3.17x	0.19x	1.40x	N/A	$14.51M	15.71%	$65.61M	2.20	$311.81M	3.82
ONDS	ONDAS INC	$8.80	N/A	N/A	-21.46x	-72.13x	92.63x	6.67x	N/A	-$34.64M	-1.51%	$486.08M	1.87	$2.83B	-95.94
AAOI	APPLIED OPTOELECTRONICS INC	$98.21	N/A	N/A	-153.45x	103.98x	12.97x	10.06x	N/A	-$384.65M	-6.51%	$733.92M	12.20	$7.42B	-478.20
SATS	ECHOSTAR CORP	$115.21	N/A	N/A	-2.29x	-31.25x	2.21x	5.77x	N/A	-$1.74B	-5.26%	$5.77B	20.05	$61.34B	-3.89
BOXL	BOXLIGHT CORP	$1.21	N/A	N/A	-0.01x	-0.07x	0.01x	-0.06x	N/A	-$543.00k	-77.77%	-$19.46M	-33.73	$33.82M	-25.96
TSAT	TELESAT CORP	$37.04	N/A	N/A	-4.75x	-2.74x	1.76x	1.41x	N/A	-$410.22M	-75.65%	$390.31M	26.66	$3.37B	31.91
ASTS	AST SPACEMOBILE INC	$78.67	N/A	N/A	-58.71x	-88.29x	284.01x	16.32x	N/A	-$1.19B	-5.92%	$1.84B	7.19	$29.51B	-117.65
FEIM	FREQUENCY ELECTRONICS INC	$43.43	$10.93	297.47%	59.49x	48.38x	6.27x	7.10x	2.10x	-$3.82M	-0.90%	$60.24M	6.15	$434.09M	47.87
FKWL	FRANKLIN WIRELESS CORP	$3.76	$2.08	80.36%	188.00x	40.96x	1.12x	1.26x	0.65x	-$9.97M	-22.50%	$35.13M	2.98	$36.14M	41.62
CLRO	CLEARONE INC	$3.80	N/A	N/A	-0.28x	N/A	0.92x	1.90x	N/A	-$6.16M	-93.42%	$3.46M	2.00	$6.39M	-0.28
UTSI	UTSTARCOM HOLDINGS CORP	$2.42	N/A	N/A	-2.78x	N/A	2.48x	0.61x	N/A	-$9.25M	-41.57%	$36.50M	3.97	-$16.97M	3.36
CHAI	CORE AI HOLDINGS INC	$1.11	N/A	N/A	0.00x	-0.19x	0.49x	0.30x	N/A	-$13.23M	-386.40%	$11.03M	3.57	$2.38M	-0.20
SYNX	SILYNXCOM LTD	$1.05	N/A	N/A	N/A	N/A	1.05x	0.95x	N/A	-$2.58M	-41.14%	$6.60M	1.10	$3.79M	-1.21
SONM	DNA X INC	$3.28	N/A	N/A	-0.03x	N/A	0.05x	-4.81x	N/A	-$26.04M	-806.01%	-$701.00k	-0.71	$6.30M	-0.22
ASNS	ACTELIS NETWORKS INC	$0.36	N/A	N/A	-0.06x	-0.53x	0.14x	2.00x	N/A	-$7.70M	-1,474.37%	$4.80M	3.30	$6.25M	-0.78
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.55	N/A	N/A	-18.40x	N/A	0.29x	1.10x	N/A	-$1.40M	-25.54%	$5.00M	0.50	$2.61M	90.13

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Mar 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 59.6% over the past year, underperforming other communication equipment stocks by -33 percentage points.

Knowles has an average 1 year price target of $23.00, a downside of -9.59% from Knowles's current stock price of $25.44.

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. Digi International (NASDAQ:DGII)

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

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 62.74% over the past year, underperforming other communication equipment stocks by -30 percentage points.

Digi International has an average 1 year price target of $48.80, an upside of 2.8% from Digi International's current stock price of $47.47.

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.

3. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) 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 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 54, which is 24 points higher than the communication equipment industry average of 30.

ITRN passed 19 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 37.04% over the past year, underperforming other communication equipment stocks by -56 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, an upside of 20.04% from Ituran Location & Control's current stock price of $50.54.

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.

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. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) has an annual dividend yield of 4.8%, which is 3 percentage points higher than the communication equipment industry average of 1.66%. 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 122.6% indicates that its high 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 2.97%, which is 1 percentage points higher than the communication equipment industry average of 1.66%. 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 68.5% indicates that its dividend yield is sustainable for the long-term.

3. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) has an annual dividend yield of 2.28%, which is 1 percentage points higher than the communication equipment industry average of 1.66%. 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 down?

Communication equipment stocks were down -0.44% in the last day, and up 0.65% over the last week. Amplitech Group was the among the top losers in the communication equipment industry, dropping -32.08% yesterday.

Amplitech Group shares are trading lower after the company reported worse-than-expected Q4 financial results.

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 18.26% in the past year. It has underperformed other stocks in the communication equipment industry by -74 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 86, which is 65 points higher than the communication equipment industry average of 21. It passed 6 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -15% in the past year. It has underperformed other stocks in the communication equipment industry by -108 percentage points.

3. Belden (NYSE:BDC)

Belden (NYSE:BDC) 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.

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 gained 8.22% in the past year. It has underperformed other stocks in the communication equipment industry by -84 percentage points.

Are communication equipment stocks a good buy now?

56.76% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 6.38% 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), 51.06% are rated C (Hold), 12.77% are rated D (Sell), and 4.26% 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 41.02x.

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.