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 35th 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
AUDC	AUDIOCODES LTD	$11.47	$10.08	13.79%	44.12x	18.28x	1.16x	1.93x	0.39x	$21.59M	7.47%	$145.78M	5.79	$272.01M	14.40
OCC	OPTICAL CABLE CORP	$11.58	$6.30	83.79%	39.93x	23.40x	1.24x	6.95x	0.70x	$409.90k	0.40%	$14.73M	1.67	$111.06M	26.07
ITRN	ITURAN LOCATION & CONTROL LTD	$51.43	$24.68	108.38%	15.87x	14.06x	2.59x	4.66x	1.61x	$80.49M	7.92%	$218.37M	11.04	$917.38M	8.92
BDC	BELDEN INC	$102.99	$73.90	39.36%	16.53x	11.82x	1.40x	2.91x	0.69x	$212.08M	5.29%	$1.38B	35.54	$5.00B	10.55
HPE	HEWLETT PACKARD ENTERPRISE CO	$58.72	$28.03	109.48%	29.07x	15.31x	1.87x	2.94x	0.94x	$4.57B	5.83%	$26.51B	19.85	$91.98B	13.97
DGII	DIGI INTERNATIONAL INC	$76.27	$28.11	171.29%	59.12x	23.87x	5.69x	4.22x	1.03x	$136.28M	4.73%	$685.15M	18.14	$2.98B	26.46
EXTR	EXTREME NETWORKS INC	$22.70	$8.78	158.61%	70.94x	17.05x	2.35x	33.44x	0.93x	$95.24M	3.16%	$88.59M	0.67	$2.94B	29.45
KN	KNOWLES CORP	$32.65	$14.47	125.61%	41.86x	22.97x	4.41x	3.51x	0.90x	$63.50M	2.27%	$795.50M	9.28	$2.89B	23.26
CRNT	CERAGON NETWORKS LTD	$2.10	N/A	N/A	-52.50x	19.79x	0.55x	1.11x	N/A	$12.97M	6.76%	$172.05M	1.89	$185.70M	8.18
ZBRA	ZEBRA TECHNOLOGIES CORP	$384.15	$149.45	157.04%	34.86x	18.03x	3.11x	5.29x	1.17x	$904.00M	4.97%	$3.44B	72.61	$20.94B	19.85
VIAV	VIAVI SOLUTIONS INC	$31.88	N/A	N/A	-245.23x	19.01x	4.82x	5.43x	N/A	$86.80M	1.19%	$1.45B	6.31	$7.85B	74.87
LTRX	LANTRONIX INC	$5.83	N/A	N/A	-58.30x	24.67x	1.94x	2.28x	N/A	$9.27M	3.96%	$119.28M	2.97	$211.83M	-242.92
HLIT	HARMONIC INC	$10.20	N/A	N/A	-24.29x	14.01x	2.24x	3.09x	N/A	$53.91M	4.86%	$360.35M	3.32	$1.01B	-115.47
CSCO	CISCO SYSTEMS INC	$110.24	$34.15	222.83%	32.81x	21.09x	6.88x	8.64x	1.78x	$12.77B	2.93%	$50.29B	12.72	$456.95B	22.83
ERIC	ERICSSON LM TELEPHONE CO	$10.89	$5.78	88.46%	11.94x	N/A	1.43x	3.13x	2.14x	$3.14B	8.66%	$11.71B	3.52	$36.32B	8.27
CIEN	CIENA CORP	$335.93	$80.53	317.17%	72.71x	46.50x	7.93x	15.58x	1.70x	$814.36M	1.71%	$3.06B	21.52	$48.47B	49.94
AVNW	AVIAT NETWORKS INC	$19.67	$11.47	71.42%	98.35x	7.58x	0.57x	0.94x	0.56x	$6.09M	2.41%	$267.39M	20.81	$278.14M	9.86
FEIM	FREQUENCY ELECTRONICS INC	$67.28	$8.70	673.44%	269.12x	45.49x	9.45x	6.33x	2.66x	-$184.00k	-0.03%	$119.84M	11.71	$702.68M	113.23
PI	IMPINJ INC	$172.23	N/A	N/A	-189.26x	80.03x	14.13x	22.72x	N/A	$62.99M	1.20%	$231.59M	7.60	$5.49B	-677.50
BKTI	BK TECHNOLOGIES CORP	$68.65	$17.53	291.52%	18.86x	18.75x	2.84x	4.98x	38.88x	$17.56M	6.82%	$51.95M	13.85	$230.15M	12.18
AIRG	AIRGAIN INC	$4.03	N/A	N/A	-7.20x	56.44x	1.01x	1.80x	N/A	-$3.19M	-6.15%	$29.31M	2.28	$49.66M	-11.25
CLFD	CLEARFIELD INC	$28.85	N/A	N/A	-56.57x	31.66x	3.01x	1.59x	N/A	$18.52M	4.72%	$245.92M	18.09	$381.72M	-558.08
MSI	MOTOROLA SOLUTIONS INC	$485.62	$130.87	271.08%	37.79x	27.18x	6.58x	30.08x	2.04x	$2.68B	3.33%	$2.67B	16.12	$89.13B	24.00
UI	UBIQUITI INC	$584.72	$134.35	335.22%	36.84x	30.01x	10.81x	24.57x	2.89x	$908.94M	2.57%	$1.44B	23.80	$34.93B	29.01
LITE	LUMENTUM HOLDINGS INC	$818.10	N/A	N/A	-8.80x	37.26x	20.25x	15.80x	N/A	$342.50M	0.56%	$4.64B	62.25	$73.01B	-10.61
SILC	SILICOM LTD	$40.10	N/A	N/A	-23.44x	-87.55x	3.04x	2.01x	N/A	N/A	N/A	$114.84M	20.10	$211.77M	N/A
NOK	NOKIA CORP	$8.64	N/A	N/A	61.28x	N/A	2.12x	2.01x	N/A	$2.28B	4.58%	$24.67B	4.30	$48.75B	35.30
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$151.15	$62.88	140.40%	51.06x	23.52x	17.67x	10.41x	0.92x	$438.60M	1.56%	$2.73B	14.67	$27.96B	47.45
ADTN	ADTRAN HOLDINGS INC	$6.55	N/A	N/A	-23.39x	22.21x	0.47x	4.12x	N/A	$40.18M	7.57%	$129.50M	1.60	$697.13M	7.15
GILT	GILAT SATELLITE NETWORKS LTD	$7.63	$5.37	42.10%	16.59x	11.51x	1.19x	1.08x	0.71x	-$3.35M	-0.58%	$544.61M	7.19	$452.31M	8.42
NTGR	NETGEAR INC	$22.60	N/A	N/A	-24.04x	77.74x	0.88x	1.35x	N/A	-$17.26M	-2.82%	$456.43M	16.88	$475.45M	-35.46
VISN	VISTANCE NETWORKS INC	$6.29	N/A	N/A	0.20x	6.08x	6.41x	0.58x	N/A	$86.90M	6.09%	$2.51B	11.04	$1.34B	0.19
AAOI	APPLIED OPTOELECTRONICS INC	$71.94	N/A	N/A	-95.92x	97.69x	9.85x	3.65x	N/A	-$900.45M	-15.34%	$1.67B	20.45	$5.88B	-241.56
CMTL	COMTECH TELECOMMUNICATIONS CORP	$1.32	N/A	N/A	-0.57x	-3.20x	0.16x	1.02x	N/A	$22.19M	56.29%	$38.90M	1.30	$222.77M	21.10
AIOT	POWERFLEET INC	$2.60	N/A	N/A	-18.57x	-43.92x	0.77x	0.72x	N/A	-$2.98M	-0.85%	$482.59M	3.60	$607.88M	7.29
VSAT	VIASAT INC	$66.39	N/A	N/A	-316.14x	-40.05x	1.97x	1.97x	N/A	$578.29M	6.35%	$4.64B	33.84	$14.27B	8.05
CLRO	CLEARONE INC	$4.97	N/A	N/A	-0.46x	N/A	N/A	-34.90x	N/A	-$14.43M	-108.49%	-$381.00k	-0.14	$13.27M	-0.66
MOB	MOBILICOM LTD	$3.22	N/A	N/A	N/A	-1.97x	16.08x	5.13x	N/A	-$3.91M	-9.46%	$8.07M	0.63	$34.50M	N/A
INSG	INSEEGO CORP	$4.43	N/A	N/A	31.64x	-5.98x	0.42x	-2.38x	N/A	-$19.90M	-27.54%	-$30.56M	-1.87	$133.54M	51.28
TSAT	TELESAT CORP	$44.69	N/A	N/A	-2.51x	-3.02x	2.62x	2.52x	N/A	-$408.42M	-60.05%	$270.35M	17.76	$4.09B	-54.69
AMPG	AMPLITECH GROUP INC	$2.62	N/A	N/A	-7.94x	-9.88x	2.78x	1.68x	N/A	-$14.19M	-21.30%	$46.75M	1.84	$73.75M	-13.20
ASTS	AST SPACEMOBILE INC	$39.45	N/A	N/A	-18.52x	-17.68x	102.20x	8.11x	N/A	-$1.74B	-14.72%	$1.89B	6.33	$15.62B	-33.19
ONDS	ONDAS INC	$6.16	N/A	N/A	-154.00x	22.65x	17.70x	2.24x	N/A	-$171.95M	-5.57%	$1.57B	3.14	$2.85B	17.19
FIEE	FIEE INC	$3.14	N/A	N/A	5.81x	N/A	2.03x	2.37x	N/A	$2.86M	10.76%	$11.28M	1.33	$21.34M	3.14
NUR	NURAN WIRELESS INC	$0.74	N/A	N/A	N/A	N/A	N/A	60.44x	N/A	N/A	N/A	$159.34k	0.01	$20.01M	N/A
SONM	DNA X INC	$2.96	N/A	N/A	-0.29x	N/A	-0.14x	-3.58x	N/A	-$14.51M	-362.74%	-$1.23M	-0.91	$5.91M	-1.19
SYNX	SILYNXCOM LTD	$0.74	N/A	N/A	-2.29x	N/A	0.50x	0.98x	N/A	-$803.00k	-16.42%	$5.00M	0.75	$3.40M	-1.90
CHAI	CORE AI HOLDINGS INC	$0.18	N/A	N/A	0.06x	-0.03x	0.07x	2.56x	N/A	$5.88M	152.20%	$1.75M	0.08	-$4.08M	0.18
FKWL	FRANKLIN WIRELESS CORP	$2.20	N/A	N/A	-5.50x	53.92x	0.71x	0.88x	N/A	-$6.83M	-26.32%	$29.31M	2.49	$13.56M	-3.17
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
BOXL	BOXLIGHT CORP	$2.68	N/A	N/A	-0.02x	-0.03x	0.01x	-1.26x	N/A	-$7.73M	-508.43%	-$1.42M	-2.51	$38.26M	-6.50
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.39	N/A	N/A	8.12x	8.16x	0.62x	1.00x	N/A	$3.35M	10.81%	$30.88M	4.38	$22.67M	5.80
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.52	N/A	N/A	-17.40x	N/A	0.30x	1.13x	N/A	-$2.52M	-48.47%	$4.61M	0.46	$2.92M	486.68

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Oct 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. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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 Audiocodes (NASDAQ:AUDC) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: B, Financials: B, and AI: C.

Audiocodes (NASDAQ:AUDC) has a Due Diligence Score of 34, which is 1 points higher than the communication equipment industry average of 33.

AUDC passed 13 out of 38 due diligence checks and has average fundamentals. Audiocodes has seen its stock return 26.74% over the past year, overperforming other communication equipment stocks by 3 percentage points.

2. Optical Cable (NASDAQ:OCC)

Optical Cable (NASDAQ:OCC) 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 Optical Cable (NASDAQ:OCC) is: Value: C, Growth: A, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: D.

Optical Cable (NASDAQ:OCC) has a Due Diligence Score of 34, which is 1 points higher than the communication equipment industry average of 33.

OCC passed 11 out of 33 due diligence checks and has average fundamentals. Optical Cable has seen its stock return 59.28% over the past year, overperforming other communication equipment stocks by 36 percentage points.

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: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: B.

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 33.64% over the past year, overperforming other communication equipment stocks by 10 percentage points.

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 79.49%, which is 71 percentage points higher than the communication equipment industry average of 8.98%.

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 5.83%, which is -3 percentage points lower than the communication equipment industry average of 8.98%. 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 3.49%, which is -5 percentage points lower than the communication equipment industry average of 8.98%. 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 dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 3.03% in the last day, and down -0.42% over the last week. Lumentum Holdings was the among the top gainers in the communication equipment industry, gaining 8.19% yesterday.

Lumentum Holdings shares are trading higher after StoneX initiated coverage on the stock with a Buy rating and announced a $1200 price target.

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 34 points higher than the communication equipment industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Belden's stock has dropped -12.3% in the past year. It has underperformed other stocks in the communication equipment industry by -36 percentage points.

2. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) is the second 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.

Aviat Networks has a valuation score of 57, which is 34 points higher than the communication equipment industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -18.14% in the past year. It has underperformed other stocks in the communication equipment industry by -41 percentage points.

3. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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.

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

Audiocodes's stock has gained 26.74% in the past year. It has overperformed other stocks in the communication equipment industry by 3 percentage points.

Are communication equipment stocks a good buy now?

53.13% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 34.32% over the next year.

16.28% of communication equipment stocks have a Zen Rating of A (Strong Buy), 27.91% of communication equipment stocks are rated B (Buy), 34.88% are rated C (Hold), 9.3% 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 23.9x.

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. Audiocodes (NASDAQ:AUDC)

2. Optical Cable (NASDAQ:OCC)

3. Ituran Location & Control (NASDAQ:ITRN)

1. Vistance Networks (NASDAQ:VISN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Audiocodes (NASDAQ:AUDC)

1. Belden (NYSE:BDC)

2. Aviat Networks (NASDAQ:AVNW)

3. Audiocodes (NASDAQ:AUDC)

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