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 38th 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	$75.30	$25.97	189.98%	58.37x	27.43x	5.62x	4.17x	1.16x	$136.28M	4.79%	$685.15M	18.14	$2.95B	26.13
HPE	HEWLETT PACKARD ENTERPRISE CO	$62.33	$27.74	124.70%	30.86x	16.27x	1.99x	3.12x	1.05x	$4.57B	5.49%	$26.51B	19.85	$96.77B	14.69
AUDC	AUDIOCODES LTD	$10.37	$10.30	0.64%	39.87x	16.52x	1.05x	1.75x	0.35x	$21.59M	8.27%	$145.78M	5.79	$244.84M	12.96
ITRN	ITURAN LOCATION & CONTROL LTD	$52.39	$25.22	107.76%	16.17x	14.33x	2.63x	4.74x	1.64x	$80.49M	7.77%	$218.37M	11.04	$936.36M	9.11
EXTR	EXTREME NETWORKS INC	$22.03	$8.97	145.64%	68.84x	16.55x	2.28x	32.45x	0.90x	$95.24M	3.25%	$88.59M	0.67	$2.86B	28.58
BDC	BELDEN INC	$114.13	$75.55	51.06%	18.32x	13.10x	1.55x	3.22x	0.76x	$212.08M	4.77%	$1.38B	35.54	$5.43B	11.47
OCC	OPTICAL CABLE CORP	$14.16	$6.44	119.97%	48.83x	28.61x	1.51x	8.50x	0.85x	$409.90k	0.32%	$14.73M	1.67	$133.87M	31.42
CRNT	CERAGON NETWORKS LTD	$2.19	N/A	N/A	-54.75x	20.64x	0.57x	1.16x	N/A	$12.97M	6.48%	$172.05M	1.89	$193.91M	8.54
ZBRA	ZEBRA TECHNOLOGIES CORP	$371.02	$151.62	144.70%	33.67x	17.30x	3.00x	5.11x	1.14x	$904.00M	5.15%	$3.44B	72.61	$20.32B	19.26
HLIT	HARMONIC INC	$10.99	N/A	N/A	-26.17x	15.09x	2.41x	3.33x	N/A	$53.91M	4.51%	$360.35M	3.32	$1.10B	-125.32
KN	KNOWLES CORP	$36.73	$14.49	153.50%	47.09x	26.71x	4.96x	3.94x	1.04x	$63.50M	2.02%	$795.50M	9.28	$3.24B	26.07
PI	IMPINJ INC	$177.20	N/A	N/A	-194.73x	82.20x	14.54x	23.38x	N/A	$62.99M	1.17%	$231.59M	7.60	$5.64B	-696.24
CIEN	CIENA CORP	$355.91	$81.40	337.24%	77.04x	49.29x	8.40x	16.51x	1.83x	$814.36M	1.61%	$3.06B	21.52	$51.31B	52.85
VIAV	VIAVI SOLUTIONS INC	$36.43	N/A	N/A	-280.23x	21.74x	5.51x	6.21x	N/A	$86.80M	1.04%	$1.45B	6.31	$8.98B	85.57
CSCO	CISCO SYSTEMS INC	$106.43	$32.38	228.71%	31.68x	24.39x	6.64x	8.34x	1.98x	$12.77B	3.03%	$50.29B	12.72	$441.92B	22.08
LTRX	LANTRONIX INC	$6.40	N/A	N/A	-64.00x	27.08x	2.12x	2.51x	N/A	$9.27M	3.61%	$119.28M	2.97	$238.45M	-273.45
AVNW	AVIAT NETWORKS INC	$19.86	$11.72	69.40%	99.30x	7.65x	0.58x	0.95x	0.56x	$6.09M	2.39%	$267.39M	20.81	$280.58M	9.94
FEIM	FREQUENCY ELECTRONICS INC	$84.22	$8.89	847.62%	336.88x	56.94x	11.83x	7.92x	3.33x	-$184.00k	-0.02%	$119.84M	11.71	$893.65M	144.00
BKTI	BK TECHNOLOGIES CORP	$74.50	$17.91	315.86%	20.47x	20.35x	3.08x	5.41x	42.19x	$17.56M	6.28%	$51.95M	13.85	$252.20M	13.35
MSI	MOTOROLA SOLUTIONS INC	$460.44	$133.69	244.40%	35.83x	25.77x	6.24x	28.52x	1.94x	$2.68B	3.51%	$2.67B	16.12	$84.96B	22.88
AIRG	AIRGAIN INC	$5.24	N/A	N/A	-9.36x	59.28x	1.31x	2.34x	N/A	-$3.19M	-4.73%	$29.31M	2.28	$65.51M	-14.84
LITE	LUMENTUM HOLDINGS INC	$937.00	N/A	N/A	-10.08x	42.95x	23.19x	18.10x	N/A	$342.50M	0.49%	$4.64B	62.25	$83.68B	-12.16
CLFD	CLEARFIELD INC	$31.07	N/A	N/A	-60.92x	160.32x	3.24x	1.72x	N/A	$18.52M	4.39%	$245.92M	18.09	$411.88M	-602.16
UI	UBIQUITI INC	$573.40	$137.27	317.73%	36.13x	29.43x	10.60x	24.10x	2.84x	$908.94M	2.62%	$1.44B	23.80	$34.25B	28.44
SILC	SILICOM LTD	$48.58	N/A	N/A	-28.39x	-106.07x	3.68x	2.42x	N/A	N/A	N/A	$114.84M	20.10	$258.83M	N/A
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$193.87	$64.24	201.79%	65.50x	30.17x	22.66x	13.35x	1.18x	$438.60M	1.22%	$2.73B	14.67	$35.99B	61.07
ADTN	ADTRAN HOLDINGS INC	$7.11	N/A	N/A	-25.39x	24.11x	0.51x	4.47x	N/A	$40.18M	6.98%	$129.50M	1.60	$742.76M	7.62
ERIC	ERICSSON LM TELEPHONE CO	$9.73	$5.90	64.81%	10.67x	N/A	1.28x	2.80x	1.91x	$3.14B	9.69%	$11.71B	3.52	$32.41B	7.38
NOK	NOKIA CORP	$10.63	N/A	N/A	75.39x	N/A	2.61x	2.47x	N/A	$2.28B	3.73%	$24.67B	4.30	$60.18B	43.57
GILT	GILAT SATELLITE NETWORKS LTD	$9.98	$5.55	79.84%	21.70x	15.29x	1.55x	1.41x	0.91x	-$3.35M	-0.44%	$544.61M	7.19	$633.28M	11.79
VISN	VISTANCE NETWORKS INC	$6.45	N/A	N/A	0.20x	5.36x	6.57x	0.59x	N/A	$86.90M	5.94%	$2.51B	11.04	$1.37B	0.20
NTGR	NETGEAR INC	$22.24	N/A	N/A	-23.66x	76.50x	0.87x	1.32x	N/A	-$17.26M	-2.87%	$456.43M	16.88	$465.67M	-34.73
AAOI	APPLIED OPTOELECTRONICS INC	$101.06	N/A	N/A	-134.75x	132.54x	13.83x	5.12x	N/A	-$900.45M	-10.92%	$1.67B	20.45	$8.34B	-342.82
MOB	MOBILICOM LTD	$5.05	N/A	N/A	N/A	-130.49x	25.25x	8.06x	N/A	-$3.91M	-6.02%	$8.07M	0.63	$58.11M	N/A
VSAT	VIASAT INC	$73.68	N/A	N/A	-350.86x	-42.49x	2.18x	2.19x	N/A	$578.29M	5.72%	$4.64B	33.84	$15.28B	8.62
AIOT	POWERFLEET INC	$2.90	N/A	N/A	-20.71x	-48.99x	0.86x	0.81x	N/A	-$2.98M	-0.76%	$482.59M	3.60	$648.15M	7.77
CLRO	CLEARONE INC	$4.22	N/A	N/A	-0.39x	N/A	N/A	-29.63x	N/A	-$14.43M	-127.77%	-$381.00k	-0.14	$11.27M	-0.56
CMTL	COMTECH TELECOMMUNICATIONS CORP	$1.44	N/A	N/A	-0.65x	-1.79x	0.10x	0.82x	N/A	$15.35M	35.49%	$52.49M	1.75	$266.12M	5.23
INSG	INSEEGO CORP	$4.10	N/A	N/A	29.29x	-5.95x	0.39x	-2.20x	N/A	-$19.90M	-29.76%	-$30.56M	-1.87	$128.12M	49.20
TSAT	TELESAT CORP	$47.11	N/A	N/A	-2.65x	-3.69x	2.76x	2.65x	N/A	-$408.42M	-56.96%	$270.35M	17.76	$4.13B	-55.18
AMPG	AMPLITECH GROUP INC	$3.38	N/A	N/A	-10.24x	-12.75x	3.58x	2.17x	N/A	-$14.19M	-16.51%	$46.75M	1.84	$96.58M	-17.29
ASTS	AST SPACEMOBILE INC	$59.98	N/A	N/A	-28.16x	-29.84x	155.39x	12.32x	N/A	-$1.74B	-9.68%	$1.89B	6.33	$23.61B	-50.16
ONDS	ONDAS INC	$7.40	N/A	N/A	-185.00x	32.48x	21.26x	2.69x	N/A	-$171.95M	-4.64%	$1.57B	3.14	$3.56B	21.44
CHAI	CORE AI HOLDINGS INC	$0.31	N/A	N/A	0.11x	-0.05x	0.12x	4.29x	N/A	$5.88M	90.82%	$1.75M	0.08	-$1.04M	0.05
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.73	N/A	N/A	8.76x	8.80x	0.66x	1.08x	N/A	N/A	N/A	$30.88M	4.38	$25.10M	N/A
BOXL	BOXLIGHT CORP	$4.93	N/A	N/A	-0.03x	-0.05x	0.03x	-2.31x	N/A	-$7.73M	-276.39%	-$1.42M	-2.51	$39.76M	-6.75
FIEE	FIEE INC	$3.88	N/A	N/A	7.19x	N/A	2.50x	2.93x	N/A	$2.86M	8.71%	$11.28M	1.33	$27.66M	4.07
SYNX	SILYNXCOM LTD	$0.94	N/A	N/A	-2.92x	N/A	0.64x	1.25x	N/A	-$803.00k	-12.87%	$5.00M	0.75	$4.74M	-2.65
SONM	DNA X INC	$3.61	N/A	N/A	-0.35x	N/A	-0.17x	-4.36x	N/A	-$14.51M	-297.42%	-$1.23M	-0.91	$6.87M	-1.39
UTSI	UTSTARCOM HOLDINGS CORP	$2.34	N/A	N/A	-2.32x	N/A	2.79x	0.70x	N/A	-$9.61M	-44.62%	$30.76M	3.34	-$11.89M	1.81
NUR	NURAN WIRELESS INC	$1.11	N/A	N/A	N/A	N/A	N/A	91.15x	N/A	N/A	N/A	$159.34k	0.01	$24.91M	N/A
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.62	N/A	N/A	-30.95x	N/A	0.33x	1.26x	N/A	-$2.96M	-47.98%	$4.88M	0.49	$4.77M	34.07
FKWL	FRANKLIN WIRELESS CORP	$2.37	N/A	N/A	-39.50x	58.09x	0.80x	0.83x	N/A	-$4.03M	-14.43%	$33.50M	2.84	$19.74M	-74.17

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 38, which is 5 points higher than the communication equipment industry average of 33.

DGII passed 13 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 100.32% over the past year, overperforming other communication equipment stocks by 61 percentage points.

Digi International has an average 1 year price target of $82.33, an upside of 9.34% from Digi International's current stock price of $75.30.

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: B, 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 152.35% over the past year, overperforming other communication equipment stocks by 113 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.18, an upside of 10.98% from Hewlett Packard Enterprise Co's current stock price of $62.33.

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, 5.88% have issued a Buy, 35.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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 Audiocodes (NASDAQ:AUDC) is: Value: A, 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 3.13% over the past year, underperforming other communication equipment stocks by -36 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 155.04%, which is 139 percentage points higher than the communication equipment industry average of 15.87%.

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 5.73%, which is -10 percentage points lower than the communication equipment industry average of 15.87%. 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 3.86%, which is -12 percentage points lower than the communication equipment industry average of 15.87%. 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 down?

Communication equipment stocks were down -0.78% in the last day, and up 3.19% 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 -13.04% 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 43, which is 22 points higher than the communication equipment industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 3.13% in the past year. It has underperformed other stocks in the communication equipment industry by -36 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 A. 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 16.95% in the past year. It has underperformed other stocks in the communication equipment industry by -22 percentage points.

Are communication equipment stocks a good buy now?

54.55% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 25.76% over the next year.

16.28% of communication equipment stocks have a Zen Rating of A (Strong Buy), 20.93% of communication equipment stocks are rated B (Buy), 39.53% are rated C (Hold), 13.95% are rated D (Sell), and 9.3% 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 22.38x.

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. Digi International (NASDAQ:DGII)

2. Hewlett Packard Enterprise Co (NYSE:HPE)

3. Audiocodes (NASDAQ:AUDC)

1. Vistance Networks (NASDAQ:VISN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Audiocodes (NASDAQ:AUDC)

1. Belden (NYSE:BDC)

2. Audiocodes (NASDAQ:AUDC)

3. Ericsson LM Telephone Co (NASDAQ:ERIC)

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