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 31st 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	$24.83	$25.62	-3.07%	48.69x	19.44x	3.62x	2.72x	0.40x	$81.90M	3.82%	$775.80M	8.98	$2.19B	21.27
BKTI	BK TECHNOLOGIES CORP	$85.06	$121.24	-29.84%	23.76x	20.00x	3.82x	7.75x	0.31x	$18.43M	5.84%	$40.95M	11.04	$296.85M	19.14
ERIC	ERICSSON LM TELEPHONE CO	$11.13	N/A	N/A	11,130.00x	N/A	1.50x	3.95x	N/A	$4.27B	11.53%	$9.43B	2.83	$37.43B	59.06
LTRX	LANTRONIX INC	$5.65	N/A	N/A	-24.57x	33.91x	1.91x	3.01x	N/A	$9.64M	4.32%	$74.42M	1.88	$210.97M	-44.53
DGII	DIGI INTERNATIONAL INC	$48.84	$26.31	85.63%	43.22x	20.72x	4.06x	2.83x	0.90x	$111.66M	6.12%	$649.20M	17.38	$1.95B	20.47
EXTR	EXTREME NETWORKS INC	$13.98	$4.94	183.01%	199.71x	13.76x	1.53x	19.57x	1.12x	$121.74M	6.50%	$95.91M	0.72	$1.87B	28.18
ADTN	ADTRAN HOLDINGS INC	$9.59	N/A	N/A	-18.44x	19.48x	0.71x	5.30x	N/A	$98.03M	12.82%	$145.83M	1.83	$922.87M	12.96
ITRN	ITURAN LOCATION & CONTROL LTD	$49.53	$27.80	78.14%	16.96x	15.03x	2.74x	4.52x	1.63x	$67.70M	6.88%	$217.56M	10.95	$879.87M	9.37
CIEN	CIENA CORP	$294.17	$51.83	467.52%	182.71x	54.04x	8.13x	14.90x	2.52x	$742.21M	1.78%	$2.79B	19.71	$42.06B	82.91
AUDC	AUDIOCODES LTD	$8.06	$12.55	-35.77%	26.00x	11.95x	0.94x	1.29x	0.27x	$22.89M	9.96%	$171.30M	6.01	$213.69M	11.69
BDC	BELDEN INC	$122.10	$75.83	61.01%	20.35x	15.36x	1.78x	3.74x	1.08x	$218.69M	4.52%	$1.26B	31.93	$5.72B	12.93
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$109.83	$40.75	169.54%	57.20x	34.53x	18.74x	10.96x	1.35x	$283.69M	1.42%	$1.85B	10.15	$19.05B	51.28
CSCO	CISCO SYSTEMS INC	$78.64	$37.13	111.82%	28.19x	18.56x	5.27x	6.51x	1.36x	$12.24B	3.94%	$47.72B	12.07	$333.25B	19.60
UI	UBIQUITI INC	$749.40	$154.58	384.81%	51.01x	45.19x	15.26x	44.66x	3.88x	$699.50M	1.54%	$1.02B	16.79	$45.16B	42.43
AVNW	AVIAT NETWORKS INC	$24.95	$25.70	-2.90%	21.89x	10.16x	0.72x	1.19x	0.48x	$16.08M	5.01%	$271.61M	21.13	$343.81M	8.44
VIAV	VIAVI SOLUTIONS INC	$27.88	N/A	N/A	-154.89x	32.67x	5.02x	7.73x	N/A	$81.00M	1.30%	$834.30M	3.73	$6.96B	141.96
GILT	GILAT SATELLITE NETWORKS LTD	$16.14	$7.10	127.38%	46.11x	31.65x	2.12x	2.10x	1.16x	$9.19M	0.96%	$500.28M	8.42	$889.38M	18.89
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.73	$9.51	-50.25%	8.60x	N/A	0.60x	1.16x	0.27x	N/A	N/A	$25.23M	4.09	$23.90M	N/A
VSAT	VIASAT INC	$43.79	N/A	N/A	-16.78x	-40.89x	1.29x	1.30x	N/A	$623.88M	10.50%	$4.57B	33.66	$11.32B	7.68
SILC	SILICOM LTD	$19.04	N/A	N/A	-9.47x	-14.78x	1.75x	0.92x	N/A	N/A	N/A	$117.49M	20.59	$79.76M	N/A
ZBRA	ZEBRA TECHNOLOGIES CORP	$219.65	$169.09	29.90%	26.66x	12.11x	2.00x	3.01x	0.66x	$831.00M	7.69%	$3.59B	72.94	$13.34B	15.64
PI	IMPINJ INC	$94.29	N/A	N/A	-254.84x	48.78x	7.65x	13.62x	N/A	$45.89M	1.66%	$209.23M	7.15	$3.11B	365.86
MSI	MOTOROLA SOLUTIONS INC	$460.76	$147.20	213.01%	35.63x	27.18x	6.57x	31.67x	2.30x	$2.57B	3.35%	$2.41B	14.47	$84.80B	24.00
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
LITE	LUMENTUM HOLDINGS INC	$558.44	$120.41	363.80%	154.27x	75.06x	18.86x	47.10x	2.05x	$18.50M	0.05%	$846.60M	11.91	$42.54B	132.02
CLFD	CLEARFIELD INC	$30.01	N/A	N/A	-61.24x	54.48x	2.79x	1.65x	N/A	$19.48M	4.68%	$249.65M	18.00	$404.90M	222.35
HPE	HEWLETT PACKARD ENTERPRISE CO	$21.13	N/A	N/A	-528.25x	8.89x	0.82x	1.14x	N/A	$1.01B	3.60%	$24.69B	18.65	$44.79B	17.05
NOK	NOKIA CORP	$7.74	N/A	N/A	54.89x	N/A	1.90x	1.80x	N/A	$2.28B	5.12%	$24.67B	4.30	$43.58B	31.55
INSG	INSEEGO CORP	$11.07	N/A	N/A	-61.50x	-232.56x	1.01x	-44.40x	N/A	-$2.08M	-1.25%	-$4.04M	-0.27	$199.18M	14.14
OCC	OPTICAL CABLE CORP	$6.05	N/A	N/A	-33.61x	N/A	0.73x	3.25x	N/A	$1.10M	2.05%	$16.51M	1.86	$61.62M	159.96
AMPG	AMPLITECH GROUP INC	$2.54	N/A	N/A	-4.98x	6.39x	2.32x	1.46x	N/A	-$7.37M	-14.09%	$35.82M	1.74	$48.33M	-7.91
CMTL	COMTECH TELECOMMUNICATIONS CORP	$5.01	N/A	N/A	-2.17x	-5.12x	0.30x	1.73x	N/A	$12.18M	8.20%	$85.59M	2.89	$363.10M	10.04
VISN	VISTANCE NETWORKS INC	$17.21	N/A	N/A	1.71x	16.96x	1.96x	-3.86x	N/A	$262.60M	6.95%	-$1.00B	-4.57	$10.39B	4.53
CRNT	CERAGON NETWORKS LTD	$2.24	N/A	N/A	-112.00x	13.51x	0.59x	1.17x	N/A	$14.13M	7.01%	$172.75M	1.92	$200.94M	9.31
KVHI	KVH INDUSTRIES INC	$5.91	N/A	N/A	-9.53x	27.59x	1.07x	0.88x	N/A	$24.46M	21.37%	$131.05M	6.77	$47.48M	-116.09
ONDS	ONDAS INC	$9.83	N/A	N/A	-23.98x	-80.57x	103.47x	7.45x	N/A	-$34.64M	-1.35%	$486.08M	1.87	$3.21B	-108.82
AAOI	APPLIED OPTOELECTRONICS INC	$95.58	N/A	N/A	-149.34x	101.20x	12.62x	9.79x	N/A	-$384.65M	-6.69%	$733.92M	12.20	$7.22B	-465.45
AIOT	POWERFLEET INC	$3.39	N/A	N/A	-14.13x	-24.08x	1.05x	0.94x	N/A	-$7.88M	-1.74%	$485.03M	3.62	$708.88M	10.74
MOB	MOBILICOM LTD	$5.70	N/A	N/A	N/A	N/A	23.27x	15.16x	N/A	-$2.42M	-5.65%	$3.12M	0.41	$43.06M	N/A
NTGR	NETGEAR INC	$20.27	N/A	N/A	-32.17x	73.60x	0.83x	1.14x	N/A	-$18.91M	-3.26%	$497.82M	17.40	$400.97M	-45.67
SATS	ECHOSTAR CORP	$106.24	N/A	N/A	-2.11x	-28.82x	2.04x	5.32x	N/A	-$1.74B	-5.70%	$5.77B	20.05	$58.75B	-3.72
BOXL	BOXLIGHT CORP	$1.30	N/A	N/A	-0.02x	-0.08x	0.01x	-0.06x	N/A	-$543.00k	-72.38%	-$19.46M	-33.73	$33.91M	-26.02
FEIM	FREQUENCY ELECTRONICS INC	$51.90	N/A	N/A	23.92x	57.82x	7.25x	8.68x	N/A	-$5.49M	-1.08%	$58.46M	5.99	$511.48M	45.61
TSAT	TELESAT CORP	$30.84	N/A	N/A	-3.93x	-2.28x	1.41x	0.96x	N/A	-$637.47M	-139.69%	$476.45M	32.20	$2.50B	24.57
ASTS	AST SPACEMOBILE INC	$89.48	N/A	N/A	-66.77x	-100.42x	323.01x	18.56x	N/A	-$1.19B	-5.21%	$1.84B	7.19	$33.64B	-134.10
FIEE	FIEE INC	$6.43	N/A	N/A	-107.17x	N/A	20.41x	10.36x	N/A	$2.50M	6.16%	$3.91M	0.62	$34.93M	-55.41
SONM	DNA X INC	$4.64	N/A	N/A	-0.05x	N/A	0.08x	-6.81x	N/A	-$26.04M	-569.76%	-$701.00k	-0.71	$7.70M	-0.27
SYNX	SILYNXCOM LTD	$1.58	N/A	N/A	N/A	N/A	1.57x	1.43x	N/A	-$2.58M	-27.34%	$6.60M	1.10	$6.96M	-2.22
CHAI	CORE AI HOLDINGS INC	$1.88	N/A	N/A	0.01x	-0.33x	0.84x	0.51x	N/A	-$13.23M	-228.14%	$11.03M	3.57	$4.70M	-0.39
UTSI	UTSTARCOM HOLDINGS CORP	$2.43	N/A	N/A	-3.63x	N/A	2.27x	0.53x	N/A	-$6.60M	-29.71%	$42.21M	4.61	-$23.74M	5.84
CLRO	CLEARONE INC	$4.57	N/A	N/A	-0.34x	N/A	1.10x	2.29x	N/A	-$6.16M	-77.68%	$3.46M	2.00	$7.73M	-0.34
FKWL	FRANKLIN WIRELESS CORP	$3.80	$2.24	69.76%	190.00x	41.39x	1.13x	1.27x	0.65x	-$9.97M	-22.26%	$35.13M	2.98	$36.61M	42.16
AIRG	AIRGAIN INC	$4.13	N/A	N/A	-7.65x	70.36x	0.94x	1.78x	N/A	-$1.50M	-3.08%	$28.29M	2.39	$47.83M	-18.01
ASNS	ACTELIS NETWORKS INC	$0.32	N/A	N/A	-0.04x	-0.47x	0.11x	0.19x	N/A	-$7.41M	-1,958.26%	$2.97M	2.52	-$425.96k	0.06
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.59	N/A	N/A	-19.67x	N/A	0.31x	1.17x	N/A	-$1.40M	-23.90%	$5.00M	0.50	$2.99M	103.16

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: A, and AI: C.

Knowles (NYSE:KN) has a Due Diligence Score of 52, which is 22 points higher than the communication equipment industry average of 30.

KN passed 16 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 53.08% over the past year, underperforming other communication equipment stocks by -27 percentage points.

Knowles has an average 1 year price target of $23.00, a downside of -7.37% from Knowles's current stock price of $24.83.

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. Bk Technologies (NYSEMKT:BKTI)

Bk Technologies (NYSEMKT:BKTI) 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 Bk Technologies (NYSEMKT:BKTI) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.

Bk Technologies (NYSEMKT:BKTI) has a Due Diligence Score of 44, which is 14 points higher than the communication equipment industry average of 30.

BKTI passed 18 out of 38 due diligence checks and has strong fundamentals. Bk Technologies has seen its stock return 207.74% over the past year, overperforming other communication equipment stocks by 128 percentage points.

3. Ericsson LM Telephone Co (NASDAQ:ERIC)

Ericsson LM Telephone Co (NASDAQ:ERIC) 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 Ericsson LM Telephone Co (NASDAQ:ERIC) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: B, Financials: B, and AI: B.

Ericsson LM Telephone Co (NASDAQ:ERIC) has a Due Diligence Score of 27, which is -3 points lower than the communication equipment industry average of 30. Although this number is below the industry average, our proven quant model rates ERIC as a "A".

ERIC passed 9 out of 38 due diligence checks and has average fundamentals. Ericsson LM Telephone Co has seen its stock return 31.56% over the past year, underperforming other communication equipment stocks by -49 percentage points.

Ericsson LM Telephone Co has an average 1 year price target of $11.00, a downside of -1.17% from Ericsson LM Telephone Co's current stock price of $11.13.

Ericsson LM Telephone Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Ericsson LM Telephone Co, 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.

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 4.96%, which is 3 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 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 4.04%, 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 68.5% indicates that its high 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 2.52%, which is 1 percentage points higher than the communication equipment industry average of 1.92%. 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 -1,300% indicates that its dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -5.06% in the last day, and down -7.41% 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. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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.

Audiocodes has a valuation score of 100, which is 76 points higher than the communication equipment industry average of 24. It passed 7 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -23.67% in the past year. It has underperformed other stocks in the communication equipment industry by -104 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 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 47 points higher than the communication equipment industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Aviat Networks's stock has gained 20.82% in the past year. It has underperformed other stocks in the communication equipment industry by -59 percentage points.

3. Belden (NYSE:BDC)

Belden (NYSE:BDC) 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.

Belden has a valuation score of 43, which is 19 points higher than the communication equipment industry average of 24. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has gained 17.22% in the past year. It has underperformed other stocks in the communication equipment industry by -63 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 11.64% over the next year.

15.56% of communication equipment stocks have a Zen Rating of A (Strong Buy), 15.56% of communication equipment stocks are rated B (Buy), 55.56% are rated C (Hold), 13.33% are rated D (Sell), and 0% 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 555.06x.

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. Knowles (NYSE:KN)

2. Bk Technologies (NYSEMKT:BKTI)

3. Ericsson LM Telephone Co (NASDAQ:ERIC)

1. Audiocodes (NASDAQ:AUDC)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Hewlett Packard Enterprise Co (NYSE:HPE)

1. Audiocodes (NASDAQ:AUDC)

2. Aviat Networks (NASDAQ:AVNW)

3. Belden (NYSE:BDC)

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