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Sectors & IndustriesTechnologyCommunication 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
OverviewZen RatingPriceValueGrowthFinancialsMomentumSentimentForecast
DividendsDue Diligence
B
Communication Equipment is Zen Rated B and is the 46th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
DGII
DIGI INTERNATIONAL INC
$2.81B$73.92$82.3311.38%Strong Buy35.72%47.28%16.72%11.88%
ITRN
ITURAN LOCATION & CONTROL LTD
$1.00B$50.62$60.6719.85%Strong Buy37.15%10.51%39.53%21.14%
AUDC
AUDIOCODES LTD
$236.56M$9.62N/AN/AN/AN/A2.96%138.54%10.87%5.13%
EXTR
EXTREME NETWORKS INC
$2.92B$22.38$32.7546.34%Strong Buy611.16%77.08%267.43%20.12%
BDC
BELDEN INC
$4.56B$116.76$155.0032.75%Strong Buy312.95%23.45%30.42%11.81%
VIAV
VIAVI SOLUTIONS INC
$9.12B$36.95$60.8364.64%Strong Buy619.11%N/A32.03%17.15%
HPE
HEWLETT PACKARD ENTERPRISE CO
$69.43B$52.43$69.8133.15%Strong Buy169.41%53.81%26.60%8.46%
HLIT
HARMONIC INC
$1.31B$12.01$18.0049.88%Buy37.98%N/A31.34%17.85%
ZBRA
ZEBRA TECHNOLOGIES CORP
$17.19B$363.30$391.337.72%Buy95.23%27.53%39.91%15.87%
CRNT
CERAGON NETWORKS LTD
$188.04M$2.06$3.0045.63%Buy17.08%N/A13.53%7.42%
KN
KNOWLES CORP
$2.78B$32.60$39.5021.17%Buy28.34%50.37%24.55%18.15%
PI
IMPINJ INC
$4.92B$161.01$181.6312.80%Strong Buy817.47%N/AN/AN/A
CIEN
CIENA CORP
$52.65B$371.95$557.0049.75%Strong Buy1515.84%52.71%62.00%29.69%
OCC
OPTICAL CABLE CORP
$116.34M$13.18N/AN/AN/AN/AN/AN/AN/AN/A
CSCO
CISCO SYSTEMS INC
$434.46B$110.23$134.0021.56%Strong Buy145.08%18.76%49.57%19.29%
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
$41.51B$222.61$274.3623.25%Strong Buy1449.97%58.20%101.70%91.42%
BKTI
BK TECHNOLOGIES CORP
$284.66M$75.52N/AN/AN/AN/A1.51%-0.52%31.23%22.02%
AIRG
AIRGAIN INC
$68.38M$5.22N/AN/AN/AN/A12.78%N/A14.28%8.94%
LITE
LUMENTUM HOLDINGS INC
$74.47B$830.17$1.09k30.90%Buy1268.75%N/A55.53%35.29%
MSI
MOTOROLA SOLUTIONS INC
$79.69B$481.52$533.8010.86%Strong Buy56.26%17.23%141.50%19.65%
SILC
SILICOM LTD
$238.89M$41.82$60.0043.49%Buy127.42%N/A-2.32%-1.63%
LTRX
LANTRONIX INC
$228.55M$5.74$11.3397.44%Strong Buy313.04%N/AN/AN/A
UI
UBIQUITI INC
$33.48B$553.11$734.5032.79%Sell211.64%11.63%83.11%54.45%
CLFD
CLEARFIELD INC
$369.89M$27.23$40.0046.90%Buy129.16%N/A6.84%6.29%
ERIC
ERICSSON LM TELEPHONE CO
$34.25B$10.16N/AN/AN/AN/AN/AN/AN/AN/A
ADTN
ADTRAN HOLDINGS INC
$628.22M$7.71$15.2597.80%Strong Buy48.38%N/AN/AN/A
NOK
NOKIA CORP
$57.19B$9.96$18.0080.72%Strong Buy2N/AN/AN/AN/A
GILT
GILAT SATELLITE NETWORKS LTD
$766.22M$9.95N/AN/AN/AN/A8.87%27.31%11.97%8.57%
AVNW
AVIAT NETWORKS INC
$267.33M$20.66$30.5047.63%Strong Buy46.29%54.35%7.94%3.50%
AAOI
APPLIED OPTOELECTRONICS INC
$9.10B$107.63$154.6743.70%Buy378.03%N/A24.68%17.89%
NTGR
NETGEAR INC
$563.15M$20.72N/AN/AN/AN/A5.68%N/A7.05%4.08%
FEIM
FREQUENCY ELECTRONICS INC
$576.22M$58.38$65.0011.34%Strong Buy122.00%N/AN/AN/A
VISN
VISTANCE NETWORKS INC
$2.50B$10.84$21.0093.73%Hold1224.22%-79.67%13.14%9.42%
MOB
MOBILICOM LTD
$75.79M$5.89N/AN/AN/AN/A502.19%N/A145.47%89.45%
AIOT
POWERFLEET INC
$404.02M$3.01$6.50115.95%Buy29.94%N/A5.53%2.77%
VSAT
VIASAT INC
$9.96B$72.28$86.6719.91%Buy35.18%N/A-4.06%-1.25%
CMTL
COMTECH TELECOMMUNICATIONS CORP
$53.03M$1.77N/AN/AN/AN/A-1.07%N/A-20.38%-1.54%
INSG
INSEEGO CORP
$72.09M$4.39$18.00310.02%Hold111.43%184.14%-34.16%11.55%
AMPG
AMPLITECH GROUP INC
$103.65M$3.45$7.00102.90%Strong Buy1112.58%N/A24.25%19.38%
ASTS
AST SPACEMOBILE INC
$24.26B$62.35$81.8331.24%Buy7144.79%N/A312.70%101.15%
TSAT
TELESAT CORP
$641.80M$42.17$37.00-12.26%Hold124.49%N/AN/AN/A
ONDS
ONDAS INC
$4.70B$8.24$18.15120.27%Strong Buy585.61%N/A12.97%6.80%
FIEE
FIEE INC
$39.06M$4.58N/AN/AN/AN/AN/AN/AN/AN/A
MITQ
MOVING IMAGE TECHNOLOGIES INC
$5.87M$0.59N/AN/AN/AN/AN/AN/AN/AN/A
SONM
DNA X INC
$4.81M$3.23N/AN/AN/AN/AN/AN/AN/AN/A
CLRO
CLEARONE INC
$14.74M$5.51N/AN/AN/AN/AN/AN/AN/AN/A
SYNX
SILYNXCOM LTD
$6.57M$0.99N/AN/AN/AN/AN/AN/AN/AN/A
UTSI
UTSTARCOM HOLDINGS CORP
$21.62M$2.35N/AN/AN/AN/AN/AN/AN/AN/A
FKWL
FRANKLIN WIRELESS CORP
$28.64M$2.43N/AN/AN/AN/A40.87%N/A1.44%0.95%
NUR
NURAN WIRELESS INC
N/A$2.15N/AN/AN/AN/AN/AN/AN/AN/A
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
$32.08M$4.55$8.0075.82%Strong Buy14.82%-7.44%12.81%8.32%
BOXL
BOXLIGHT CORP
$3.65M$5.47N/AN/AN/AN/A5.29%N/AN/A-18.88%
CHAI
CORE AI HOLDINGS INC
$5.18M$0.26N/AN/AN/AN/A34.88%N/AN/AN/A
1

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Aug 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: A, Safety: B, Financials: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 35, which is 4 points higher than the communication equipment industry average of 31.

DGII passed 12 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 120.66% over the past year, overperforming other communication equipment stocks by 66 percentage points.

Digi International has an average 1 year price target of $82.33, an upside of 11.38% from Digi International's current stock price of $73.92.

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. Ituran Location & Control (NASDAQ:ITRN)


Ituran Location & Control (NASDAQ:ITRN) 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 Ituran Location & Control (NASDAQ:ITRN) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: A.

Ituran Location & Control (NASDAQ:ITRN) has a Due Diligence Score of 57, which is 26 points higher than the communication equipment industry average of 31.

ITRN passed 21 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 39.03% over the past year, underperforming other communication equipment stocks by -15 percentage points.

Ituran Location & Control has an average 1 year price target of $60.67, an upside of 19.85% from Ituran Location & Control's current stock price of $50.62.

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

Audiocodes (NASDAQ:AUDC) has a Due Diligence Score of 38, which is 7 points higher than the communication equipment industry average of 31.

AUDC passed 14 out of 38 due diligence checks and has average fundamentals. Audiocodes has seen its stock return 5.02% over the past year, underperforming other communication equipment stocks by -49 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 138.38%, which is 124 percentage points higher than the communication equipment industry average of 14.39%.

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 5.93%, which is -8 percentage points lower than the communication equipment industry average of 14.39%. 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 4.16%, which is -10 percentage points lower than the communication equipment industry average of 14.39%. 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 high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks down?

Communication equipment stocks were down -3.15% in the last day, and down -10.29% over the last week. Applied Optoelectronics was the among the top losers in the communication equipment industry, dropping -13.77% yesterday.

Applied Optoelectronics shares are trading lower after the company announced a $600 million at-the-market equity offering.

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 24 points higher than the communication equipment industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Belden's stock has dropped -10.65% in the past year. It has underperformed other stocks in the communication equipment industry by -65 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 24 points higher than the communication equipment industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 5.02% in the past year. It has underperformed other stocks in the communication equipment industry by -49 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 52 points higher than the communication equipment industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 28.12% in the past year. It has underperformed other stocks in the communication equipment industry by -26 percentage points.

Are communication equipment stocks a good buy now?

55.88% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 27.86% over the next year.

16.67% of communication equipment stocks have a Zen Rating of A (Strong Buy), 19.05% of communication equipment stocks are rated B (Buy), 38.1% are rated C (Hold), 14.29% are rated D (Sell), and 11.9% 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 28.35x.
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