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 A and is the 29th ranked industry out of 146 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
HPE	HEWLETT PACKARD ENTERPRISE CO	$45.49	$24.97	82.16%	41.35x	13.56x	1.57x	2.38x	0.80x	$4.40B	7.25%	$25.29B	18.95	$76.19B	15.70
ITRN	ITURAN LOCATION & CONTROL LTD	$63.36	$28.99	118.56%	20.91x	17.60x	3.34x	6.05x	1.63x	$71.79M	5.72%	$207.45M	10.47	$1.15B	11.80
DGII	DIGI INTERNATIONAL INC	$64.37	$24.03	167.88%	55.97x	26.34x	5.10x	3.64x	1.20x	$126.77M	5.23%	$665.96M	17.69	$2.55B	25.08
KN	KNOWLES CORP	$37.31	$22.15	68.48%	58.30x	28.03x	5.19x	4.09x	0.67x	$73.10M	2.29%	$780.20M	9.14	$3.30B	29.46
EXTR	EXTREME NETWORKS INC	$28.58	$6.01	375.65%	238.17x	27.12x	3.03x	47.33x	1.78x	$105.26M	2.77%	$78.97M	0.59	$3.76B	49.92
HLIT	HARMONIC INC	$13.50	N/A	N/A	-36.49x	20.73x	2.96x	4.12x	N/A	$45.44M	3.07%	$355.15M	3.24	$1.49B	-181.33
CRNT	CERAGON NETWORKS LTD	$2.82	N/A	N/A	-94.00x	20.10x	0.76x	1.49x	N/A	$18.31M	7.16%	$171.50M	1.89	$250.20M	10.07
LTRX	LANTRONIX INC	$6.45	N/A	N/A	-40.31x	40.80x	2.16x	3.45x	N/A	$8.46M	3.30%	$74.47M	1.87	$242.00M	-79.21
CIEN	CIENA CORP	$434.65	$70.34	517.96%	140.66x	65.08x	11.08x	21.27x	2.70x	$832.66M	1.35%	$2.89B	20.38	$62.06B	85.02
AUDC	AUDIOCODES LTD	$9.40	$11.37	-17.34%	37.60x	15.16x	1.01x	1.55x	0.31x	$22.48M	9.03%	$154.10M	5.82	$235.72M	13.01
ADTN	ADTRAN HOLDINGS INC	$14.95	N/A	N/A	-38.33x	26.43x	1.07x	8.81x	N/A	$67.41M	5.61%	$137.53M	1.71	$1.37B	15.83
BKTI	BK TECHNOLOGIES CORP	$79.70	N/A	N/A	20.81x	22.01x	3.37x	6.25x	N/A	$20.83M	6.99%	$47.71M	12.76	$270.88M	14.59
ZBRA	ZEBRA TECHNOLOGIES CORP	$216.79	$155.22	39.67%	26.03x	11.56x	1.85x	2.98x	0.65x	$836.00M	8.10%	$3.47B	72.85	$13.02B	14.73
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$237.68	$52.57	352.12%	123.79x	70.39x	40.55x	23.71x	1.88x	$283.69M	0.66%	$1.85B	10.15	$42.63B	114.76
BDC	BELDEN INC	$105.83	$70.73	49.62%	17.61x	13.08x	1.47x	3.21x	0.91x	$180.40M	4.39%	$1.28B	33.06	$5.20B	11.57
OCC	OPTICAL CABLE CORP	$26.92	N/A	N/A	224.33x	N/A	3.03x	15.61x	N/A	-$3.17M	-1.33%	$15.22M	1.73	$247.46M	91.62
PI	IMPINJ INC	$122.69	N/A	N/A	-134.82x	63.39x	10.29x	18.33x	N/A	$61.12M	1.64%	$203.91M	6.73	$3.97B	-489.13
VIAV	VIAVI SOLUTIONS INC	$46.82	N/A	N/A	-195.08x	49.00x	7.95x	12.94x	N/A	$48.50M	0.45%	$846.50M	3.65	$11.53B	171.01
KVHI	KVH INDUSTRIES INC	$7.62	N/A	N/A	-29.31x	46.69x	1.25x	1.13x	N/A	$15.98M	10.85%	$131.53M	6.80	$93.71M	18.22
VISN	VISTANCE NETWORKS INC	$12.07	N/A	N/A	0.39x	9.47x	2.10x	0.59x	N/A	$236.20M	8.69%	$4.59B	20.40	$212.63M	0.03
CSCO	CISCO SYSTEMS INC	$118.80	$34.75	241.88%	39.47x	27.23x	7.73x	9.58x	2.11x	$11.79B	2.51%	$48.86B	12.36	$492.46B	27.24
INSG	INSEEGO CORP	$10.37	N/A	N/A	16.46x	26.07x	0.99x	-6.64x	N/A	$878.00k	0.53%	-$25.42M	-1.58	$202.56M	7.81
ERIC	ERICSSON LM TELEPHONE CO	$11.60	$6.50	78.36%	12.72x	N/A	1.53x	3.34x	2.28x	$3.14B	8.13%	$11.71B	3.52	$38.72B	8.82
SILC	SILICOM LTD	$44.77	N/A	N/A	-23.18x	-49.82x	3.83x	2.20x	N/A	N/A	N/A	$116.02M	20.33	$232.03M	N/A
NOK	NOKIA CORP	$13.40	N/A	N/A	95.04x	N/A	3.29x	3.12x	N/A	$2.28B	2.96%	$24.67B	4.30	$76.08B	55.09
AIRG	AIRGAIN INC	$6.71	N/A	N/A	-12.20x	175.20x	1.61x	3.04x	N/A	-$1.34M	-1.62%	$28.02M	2.28	$82.44M	-23.14
MSI	MOTOROLA SOLUTIONS INC	$411.64	$141.06	191.83%	32.75x	24.02x	5.75x	26.86x	1.84x	$2.49B	3.65%	$2.54B	15.34	$76.90B	21.72
UI	UBIQUITI INC	$557.55	$113.56	390.97%	35.79x	35.49x	10.90x	28.07x	5.91x	$740.98M	2.20%	$1.20B	19.86	$33.43B	29.68
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.25	$4.72	-10.05%	8.85x	7.58x	0.64x	1.01x	0.65x	N/A	N/A	$29.48M	4.19	$21.40M	N/A
GILT	GILAT SATELLITE NETWORKS LTD	$13.56	$6.46	109.83%	38.74x	25.73x	1.78x	2.00x	0.98x	$9.19M	1.14%	$500.28M	8.42	$840.22M	17.84
CLFD	CLEARFIELD INC	$37.79	N/A	N/A	-60.95x	68.61x	3.79x	2.12x	N/A	$17.00M	3.29%	$242.81M	17.76	$515.08M	-499.11
VSAT	VIASAT INC	$61.50	N/A	N/A	-246.00x	-40.81x	1.79x	1.80x	N/A	$597.11M	7.20%	$4.66B	34.59	$13.53B	7.53
LITE	LUMENTUM HOLDINGS INC	$853.26	$165.52	415.50%	136.52x	104.24x	24.52x	22.33x	2.16x	$153.60M	0.25%	$2.97B	41.59	$67.08B	121.48
AMPG	AMPLITECH GROUP INC	$7.60	N/A	N/A	-25.33x	31.05x	6.85x	3.98x	N/A	-$10.47M	-5.67%	$48.36M	1.99	$184.82M	-40.25
AVNW	AVIAT NETWORKS INC	$18.35	$19.96	-8.07%	26.21x	11.24x	0.55x	0.87x	0.38x	$11.86M	5.00%	$271.78M	21.04	$265.98M	7.94
NTGR	NETGEAR INC	$23.92	N/A	N/A	-26.88x	163.61x	0.96x	1.36x	N/A	-$10.94M	-1.63%	$471.16M	16.84	$496.65M	-34.92
CMTL	COMTECH TELECOMMUNICATIONS CORP	$4.29	N/A	N/A	-1.92x	-5.32x	0.27x	1.94x	N/A	$14.51M	11.35%	$65.61M	2.20	$347.12M	4.25
SATS	ECHOSTAR CORP	$115.24	N/A	N/A	-2.30x	-62.77x	2.25x	5.93x	N/A	-$1.46B	-4.40%	$5.63B	19.49	$60.29B	-3.84
AIOT	POWERFLEET INC	$3.84	N/A	N/A	-16.00x	57.06x	1.19x	1.06x	N/A	-$7.88M	-1.54%	$485.03M	3.62	$769.24M	11.65
MOB	MOBILICOM LTD	$5.62	N/A	N/A	-2.96x	N/A	20.81x	10.97x	N/A	-$1.38M	-2.76%	$6.26M	0.71	$61.84M	-3.66
ONDS	ONDAS INC	$9.31	$0.49	1,815.81%	155.17x	-45.64x	42.90x	4.30x	18.32x	-$86.51M	-2.08%	$1.07B	2.41	$3.58B	14.02
AAOI	APPLIED OPTOELECTRONICS INC	$175.13	N/A	N/A	-277.98x	193.17x	26.24x	12.71x	N/A	-$441.08M	-3.31%	$1.11B	14.56	$13.88B	-860.38
FEIM	FREQUENCY ELECTRONICS INC	$66.63	$9.45	605.33%	91.27x	92.00x	9.63x	10.89x	3.98x	-$3.82M	-0.59%	$60.24M	6.15	$662.42M	73.05
ASTS	AST SPACEMOBILE INC	$87.32	N/A	N/A	-49.33x	-56.82x	299.04x	16.30x	N/A	-$1.37B	-5.40%	$2.08B	7.15	$33.42B	-90.59
TSAT	TELESAT CORP	$43.89	N/A	N/A	-4.79x	-8.46x	2.30x	1.75x	N/A	-$417.22M	-63.46%	$381.63M	25.48	$3.62B	54.17
FKWL	FRANKLIN WIRELESS CORP	$2.75	N/A	N/A	-45.83x	29.96x	0.92x	0.97x	N/A	-$4.03M	-12.44%	$33.50M	2.84	$24.22M	-90.99
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.63	N/A	N/A	-31.50x	N/A	0.34x	1.28x	N/A	-$2.96M	-47.14%	$4.88M	0.49	$4.88M	34.85
CLRO	CLEARONE INC	$3.89	N/A	N/A	-0.30x	N/A	4.84x	19.56x	N/A	-$14.52M	-156.63%	$532.00k	0.22	$9.69M	-0.41
CHAI	CORE AI HOLDINGS INC	$1.37	N/A	N/A	-1.03x	-0.24x	0.67x	11.97x	N/A	-$4.89M	-17.96%	$2.28M	0.12	$25.99M	-1.13
BOXL	BOXLIGHT CORP	$0.79	N/A	N/A	-0.02x	-0.04x	0.02x	-1.57x	N/A	-$3.72M	-155.06%	-$2.01M	-0.66	$37.41M	-4.13
SYNX	SILYNXCOM LTD	$1.06	N/A	N/A	-2.19x	N/A	1.15x	1.29x	N/A	-$2.70M	-40.28%	$5.44M	0.86	$5.15M	-1.88
SONM	DNA X INC	$4.86	N/A	N/A	-0.21x	N/A	-0.37x	-7.36x	N/A	-$17.39M	-282.78%	-$983.00k	-0.78	$7.11M	-0.70
UTSI	UTSTARCOM HOLDINGS CORP	$2.95	N/A	N/A	-3.39x	N/A	3.02x	0.74x	N/A	-$9.24M	-34.10%	$36.50M	3.97	-$12.16M	2.41
FIEE	FIEE INC	$4.15	N/A	N/A	18.04x	N/A	3.96x	3.88x	N/A	$3.37M	10.24%	$8.90M	1.12	$30.00M	9.44

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Jun 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. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) is the #1 top communication equipment stock out of 54 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 Hewlett Packard Enterprise Co (NYSE:HPE) is: Value: B, Growth: A, Momentum: B, Sentiment: A, Safety: C, Financials: C, and AI: B.

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 47, which is 15 points higher than the communication equipment industry average of 32.

HPE passed 16 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 148.04% over the past year, overperforming other communication equipment stocks by 51 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.69, an upside of 53.19% from Hewlett Packard Enterprise Co's current stock price of $45.49.

Hewlett Packard Enterprise Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Hewlett Packard Enterprise Co, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% 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 54 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: C, Financials: A, and AI: B.

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 52, which is 20 points higher than the communication equipment industry average of 32.

ITRN passed 19 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 74.74% over the past year, underperforming other communication equipment stocks by -22 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, a downside of -4.25% from Ituran Location & Control's current stock price of $63.36.

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 54 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: A, Sentiment: B, Safety: B, Financials: C, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 36, which is 4 points higher than the communication equipment industry average of 32.

DGII passed 12 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 84.87% over the past year, underperforming other communication equipment stocks by -12 percentage points.

Digi International has an average 1 year price target of $69.00, an upside of 7.19% from Digi International's current stock price of $64.37.

Digi International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Digi International, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 165.7%, which is 149 percentage points higher than the communication equipment industry average of 16.72%.

Vistance Networks's dividend payout ratio of 64.5% 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 4.73%, which is -12 percentage points lower than the communication equipment industry average of 16.72%. 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 99% 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 4.26%, which is -12 percentage points lower than the communication equipment industry average of 16.72%. 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 160% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 0.02% in the last day, and down -8.69% over the last week.

We couldn't find a catalyst for why communication equipment stocks are up.

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 43, which is 23 points higher than the communication equipment industry average of 20. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has dropped -5.02% in the past year. It has underperformed other stocks in the communication equipment industry by -102 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 51 points higher than the communication equipment industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 0% in the past year. It has underperformed other stocks in the communication equipment industry by -97 percentage points.

3. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) 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.

Aviat Networks has a valuation score of 71, which is 51 points higher than the communication equipment industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -18.91% in the past year. It has underperformed other stocks in the communication equipment industry by -116 percentage points.

Are communication equipment stocks a good buy now?

55.56% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 19.21% over the next year.

15.56% of communication equipment stocks have a Zen Rating of A (Strong Buy), 26.67% of communication equipment stocks are rated B (Buy), 44.44% are rated C (Hold), 8.89% are rated D (Sell), and 4.44% 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 44.4x.

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.

Communication Equipment Stocks FAQ

1. Hewlett Packard Enterprise Co (NYSE:HPE)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Digi International (NASDAQ:DGII)

1. Vistance Networks (NASDAQ:VISN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Audiocodes (NASDAQ:AUDC)

1. Belden (NYSE:BDC)

2. Audiocodes (NASDAQ:AUDC)

3. Aviat Networks (NASDAQ:AVNW)

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