WallStreetZenWallStreetZen

Sectors & IndustriesTechnologyCommunication Equipment
Best Communication Equipment Stocks to Buy Now (2022)
Top communication equipment stocks in 2022 ranked by overall Zen Score. See the best communication equipment stocks to buy now, according to analyst forecasts for the communication equipment industry.

Industry: Communication Equipment
Ticker
Company
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
CLFD
CLEARFIELD INC
$104.15287,197-9.19%96.1997.18105.3084.4873.7455.7672.3166.6886.1891.11-1.30-2.521.211.21
CSCO
CISCO SYSTEMS INC
$41.8220,910,617-5.80%40.9542.6344.6144.4350.1143.4426.3715.9370.0644.33-1.17-1.14-0.031.01
LITE
LUMENTUM HOLDINGS INC
$74.03859,94345.74%70.6874.3083.1582.9989.3144.9128.2217.4678.3357.10-3.55-3.870.321.25
ITRN
ITURAN LOCATION & CONTROL LTD
$22.8629,697-21.48%23.2123.6125.0224.4923.9938.6429.4536.2061.4771.35-0.57-0.57-0.000.65
AVNW
AVIAT NETWORKS INC
$28.4060,142-21.11%28.4529.9731.0529.1829.4838.7630.1321.1443.4826.26-1.00-0.74-0.260.86
ZBRA
ZEBRA TECHNOLOGIES CORP
$281.65341,7764.88%270.95283.71309.60311.87381.6846.3225.8514.8964.5140.10-10.99-11.540.551.27
BOXL
BOXLIGHT CORP
$0.63181,076-15.99%0.600.620.640.700.9351.9658.9748.4799.3980.29-0.01-0.020.000.71
ERIC
ERICSSON LM TELEPHONE CO
$6.2914,655,16133.26%5.996.517.087.378.6542.7528.0515.3459.4931.94-0.36-0.35-0.010.94
CMBM
CAMBIUM NETWORKS CORP
$18.1287,18078.34%17.0917.4618.6216.7119.5653.7457.6239.7591.3471.14-0.37-0.440.081.09
AMPG
AMPLITECH GROUP INC
$1.948,894-58.41%1.841.942.182.152.6546.8151.1634.3689.0268.28-0.09-0.110.021.03
WTT
WIRELESS TELECOM GROUP INC
$1.3222,2052.54%1.311.401.431.391.6142.3039.9139.6937.8436.46-0.04-0.03-0.010.62
JNPR
JUNIPER NETWORKS INC
$27.632,394,952-39.75%26.4227.2728.0728.6331.4652.5039.1824.0872.6650.37-0.51-0.570.050.86
HPE
HEWLETT PACKARD ENTERPRISE CO
$12.8511,790,707-17.15%12.2812.7413.6413.9315.1549.0835.6721.4776.8053.20-0.39-0.430.041.11
SATS
ECHOSTAR CORP
$17.13254,44020.28%16.4216.8018.4919.5922.1048.2274.7262.0393.4391.62-0.49-0.660.180.83
EXTR
EXTREME NETWORKS INC
$13.941,567,11228.49%12.8713.2513.4911.5611.9560.2168.0751.9693.4677.77-0.09-0.130.041.57
CIEN
CIENA CORP
$42.811,626,98753.22%40.9941.8748.0247.9155.9646.3756.0639.6986.5280.90-1.87-2.290.431.05
MYNA
MYNARIC AG
$5.492,376-65.63%5.015.887.317.749.2740.8724.1016.3673.1248.69-0.71-0.730.031.31
AUDC
AUDIOCODES LTD
$22.5131,863-32.84%21.7322.0422.4122.3825.1655.1655.4345.3492.8376.81-0.13-0.200.070.92
PEGY
PINEAPPLE ENERGY INC
$1.437,445,3393,230.88%1.341.682.462.464.9240.6416.817.5233.3311.11-0.41-0.36-0.050.77
NTIP
NETWORK-1 TECHNOLOGIES INC
$2.283,619-35.26%2.272.292.292.352.4849.2738.3831.6539.9022.72-0.01-0.01-0.000.30
VISL
VISLINK TECHNOLOGIES INC
$0.45412,612122.81%0.450.500.550.600.7935.298.876.1523.0413.08-0.04-0.03-0.010.75
AKTS
AKOUSTIS TECHNOLOGIES INC
$3.09678,45864.89%3.053.474.133.974.9036.8521.6014.9649.9231.35-0.35-0.33-0.011.33
NOK
NOKIA CORP
$4.6121,334,432-7.05%4.364.624.904.855.1749.2730.0718.7063.4142.05-0.16-0.160.000.88
MSI
MOTOROLA SOLUTIONS INC
$235.42607,258-30.80%229.34237.14242.47227.86230.7749.0728.9416.6858.7933.94-4.16-3.57-0.590.93
MAXR
MAXAR TECHNOLOGIES INC
$21.80933,57220.72%19.4520.8224.0325.5428.6751.9753.3331.6281.0952.22-1.26-1.470.201.46
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
$2.2010,253-35.78%2.212.302.362.322.4542.9116.1616.5017.0515.55-0.05-0.04-0.010.54
AIRG
AIRGAIN INC
$7.3632,47986.10%7.337.567.828.538.7944.5616.7916.4721.4119.59-0.17-0.14-0.021.00
ONDS
ONDAS HOLDINGS INC
$3.99221,95829.91%3.804.054.555.375.6944.7433.6725.2371.5757.70-0.26-0.260.010.46
ADTN
ADTRAN HOLDINGS INC
$20.52796,65316.61%19.2419.1822.0620.6020.0453.0790.2077.29100.0098.24-0.59-0.900.320.98
VIAV
VIAVI SOLUTIONS INC
$14.031,701,43054.67%13.3313.7314.4114.1715.1353.4739.4324.4861.0039.88-0.27-0.310.041.04
PCTI
PC TEL INC
$4.739,595-14.84%4.604.834.924.554.7146.3850.9643.3878.8460.31-0.11-0.10-0.010.62
PWFL
POWERFLEET INC
$3.2519,955288.46%3.073.023.072.703.1259.1386.9981.1592.2486.530.020.010.020.84
FKWL
FRANKLIN WIRELESS CORP
$2.974,156-38.55%2.852.872.933.113.5258.2575.5562.8997.9191.16-0.01-0.030.020.17
HLIT
HARMONIC INC
$13.272,175,9622.66%12.2611.7711.3510.299.9969.5490.1989.2688.4187.060.520.350.170.95
DGII
DIGI INTERNATIONAL INC
$36.81748,567-14.27%33.9934.2833.2328.4524.8863.4080.8166.9094.0374.850.660.450.221.11
MINM
MINIM INC
$0.21107,27730.30%0.230.270.320.390.7124.847.159.901.171.07-0.03-0.03-0.000.83
LTRX
LANTRONIX INC
$5.13101,697-42.09%4.865.216.315.866.3641.9233.5325.2192.2286.95-0.38-0.420.051.00
ALLT
ALLOT LTD
$4.1627,258-37.48%3.984.104.614.926.7847.8849.6933.7792.6870.66-0.17-0.210.031.00
SWIR
SIERRA WIRELESS INC
$30.513,353,386314.01%30.6030.6930.1026.5621.6152.6621.8119.2210.965.370.130.25-0.110.93
INFN
INFINERA CORP
$5.402,791,7771.50%4.874.995.375.476.9357.3166.2449.7190.5476.07-0.10-0.160.061.10
UTSI
UTSTARCOM HOLDINGS CORP
$3.909,56918.77%3.623.733.753.453.3654.7477.1671.5787.0381.14-0.01-0.030.020.28
SONM
SONIM TECHNOLOGIES INC
$0.51344,057906.19%0.550.630.710.640.7029.9111.3110.6614.499.09-0.06-0.05-0.011.43
UI
UBIQUITI INC
$309.0732,308-43.59%294.08300.77307.37281.72279.1556.4565.2350.9179.6365.02-2.40-2.980.571.10
SYTA
SIYATA MOBILE INC
$0.35540,746214.47%0.340.450.630.871.1930.8012.848.3170.3350.00-0.10-0.10-0.000.93
DZSI
DZS INC
$12.02105,51436.37%11.2211.4713.3414.9314.4649.9461.8047.3594.8493.03-0.56-0.720.171.24
KVHI
KVH INDUSTRIES INC
$9.1749,112170.22%9.279.489.268.668.7344.6721.8321.0033.8030.38-0.060.00-0.060.94
PI
IMPINJ INC
$89.32342,61752.04%83.9187.1689.0471.9369.9053.9745.5236.9051.2137.47-1.20-0.96-0.241.52
ITI
ITERIS INC
$2.84102,945-3.71%2.973.063.052.923.1238.8732.6338.7122.8728.79-0.05-0.02-0.031.16
CMTL
COMTECH TELECOMMUNICATIONS CORP
$10.69125,293-16.20%10.2610.9911.4211.1014.7947.4425.1617.1642.1528.60-0.38-0.32-0.061.09
TESS
TESSCO TECHNOLOGIES INC
$4.229,01696.90%4.234.374.965.425.7638.1427.0822.2261.2643.50-0.22-0.240.020.62
SILC
SILICOM LTD
$36.9712,751382.63%35.2836.5239.4737.2039.4749.3361.0245.32100.0076.05-1.05-1.220.170.60
GILT
GILAT SATELLITE NETWORKS LTD
$5.80121,94137.81%5.445.736.386.377.1348.2839.6627.2587.2772.78-0.26-0.290.030.91
KN
KNOWLES CORP
$12.831,126,0161.69%12.4913.0715.2816.7919.0038.0724.1715.9660.8537.83-0.81-0.900.100.95
NTGR
NETGEAR INC
$21.17143,792-28.19%21.2421.8923.4721.2623.4841.7417.619.6133.5414.23-0.71-0.58-0.140.91
CLRO
CLEARONE INC
$0.5713,564-22.01%0.570.590.650.620.7942.4624.6227.8642.4941.85-0.02-0.02-0.000.32
VSAT
VIASAT INC
$40.031,153,903-83.09%32.3834.6635.6134.4239.6264.2649.2133.9174.6050.94-0.45-0.950.501.14
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
$11.682,000,63639.57%11.5912.0313.6912.57N/A42.0715.8614.2949.7244.11-0.57-0.590.011.43
MITQ
MOVING IMAGE TECHNOLOGIES INC
$1.1110,977-62.17%1.021.101.241.342.1744.0724.5716.0351.6634.35-0.07-0.070.000.93
COMM
COMMSCOPE HOLDING COMPANY INC
$11.205,534,293151.65%10.1111.1010.588.808.7255.0528.9415.2232.8714.61-0.25-0.07-0.181.39
ASNS
ACTELIS NETWORKS INC
$0.906,441-61.72%0.901.071.26N/AN/A33.5922.2417.7245.0733.58-0.12-0.11-0.010.55
CRNT
CERAGON NETWORKS LTD
$1.87371,7393.80%1.902.002.282.192.1830.5211.669.4632.3524.58-0.12-0.11-0.001.03
FEIM
FREQUENCY ELECTRONICS INC
$5.7015,753541.67%5.715.846.216.667.7342.4045.2940.4667.0061.59-0.18-0.190.000.39
BKTI
BK TECHNOLOGIES CORP
$2.413,865-81.39%2.242.312.422.452.4453.4257.8951.1792.0282.04-0.02-0.050.030.46
CASA
CASA SYSTEMS INC
$3.47103,984-39.32%3.273.413.904.014.3348.0632.6418.6568.6055.15-0.18-0.200.021.31
OCC
OPTICAL CABLE CORP
$3.47602-7.10%3.513.753.723.654.0941.8516.7815.5628.3825.22-0.10-0.05-0.040.43
INSG
INSEEGO CORP
$2.19422,67225.07%2.152.352.532.303.3042.2511.5712.6529.4024.98-0.13-0.11-0.021.33
CAMP
CALAMP CORP
$4.23866,465-2.73%4.254.605.125.355.9540.4712.0812.6831.1525.71-0.35-0.29-0.061.32
TSAT
TELESAT CORP
$8.6653,62633.24%8.039.1010.6712.2416.4442.4231.0118.0673.8242.15-0.84-0.880.041.23
WLDS
WEARABLE DEVICES LTD
$1.081,390,879-93.70%0.23N/AN/AN/AN/A49.05N/AN/AN/AN/AN/AN/AN/A4.05

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Oct 2022?

According to Zen Score, the 3 best communication equipment stocks to buy right now are:

1. Clearfield (NASDAQ:CLFD)


Clearfield (NASDAQ:CLFD) is the top communication equipment stock with a Zen Score of 57, which is 25 points higher than the communication equipment industry average of 32. It passed 19 out of 33 due diligence checks and has strong fundamentals. Clearfield has seen its stock return 128.6% over the past year, overperforming other communication equipment stocks by 144 percentage points.

Clearfield has an average 1 year price target of $73.50, a downside of -29.43% from Clearfield's current stock price of $104.15.

Clearfield stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Clearfield, 0% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cisco (NASDAQ:CSCO)


Cisco (NASDAQ:CSCO) is the second best communication equipment stock with a Zen Score of 56, which is 24 points higher than the communication equipment industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Cisco has seen its stock lose -22.88% over the past year, underperforming other communication equipment stocks by -7 percentage points.

Cisco has an average 1 year price target of $51.71, an upside of 23.64% from Cisco's current stock price of $41.82.

Cisco stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Cisco, 11.76% have issued a Strong Buy rating, 29.41% have issued a Buy, 52.94% have issued a hold, while 0% have issued a Sell rating, and 5.88% have issued a Strong Sell.

3. Lumentum Holdings (NASDAQ:LITE)


Lumentum Holdings (NASDAQ:LITE) is the third best communication equipment stock with a Zen Score of 53, which is 21 points higher than the communication equipment industry average of 32. It passed 17 out of 33 due diligence checks and has strong fundamentals. Lumentum Holdings has seen its stock lose -10% over the past year, overperforming other communication equipment stocks by 6 percentage points.

Lumentum Holdings has an average 1 year price target of $109.27, an upside of 47.61% from Lumentum Holdings's current stock price of $74.03.

Lumentum Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Lumentum Holdings, 63.64% have issued a Strong Buy rating, 27.27% have issued a Buy, 9.09% 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 15 communication equipment stocks that have issued dividends in the past year, the 3 communication equipment stocks with the highest dividend yields are:

1. Tel (NASDAQ:PCTI)


Tel (NASDAQ:PCTI) has an annual dividend yield of 4.65%, which is 2 percentage points higher than the communication equipment industry average of 2.54%. Tel's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Tel's dividend has shown consistent growth over the last 10 years.

Tel's dividend payout ratio of -2,200% indicates that its dividend yield might not be sustainable for the long-term.

2. Bk Technologies (NYSEMKT:BKTI)


Bk Technologies (NYSEMKT:BKTI) has an annual dividend yield of 4.56%, which is 2 percentage points higher than the communication equipment industry average of 2.54%. Bk Technologies's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Bk Technologies's dividend has not shown consistent growth over the last 10 years.

Bk Technologies's dividend payout ratio of -16.9% indicates that its dividend yield might not be sustainable for the long-term.

3. Network 1 Technologies (NYSEMKT:NTIP)


Network 1 Technologies (NYSEMKT:NTIP) has an annual dividend yield of 4.39%, which is 2 percentage points higher than the communication equipment industry average of 2.54%. Network 1 Technologies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Network 1 Technologies's dividend has not shown consistent growth over the last 10 years.

Network 1 Technologies's dividend payout ratio of 76.9% indicates that its dividend yield is sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 3.53% in the last day, and up 7.19% over the last week. Pineapple Energy was the among the top gainers in the communication equipment industry, gaining 79.65% yesterday.

Shares of several companies in the broader industrials sector are trading higher amid overall market strength as Treasury yields fall and as stocks rebound following September's weakness.

What are the most undervalued communication equipment stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued communication equipment stocks right now are:

1. Pineapple Energy (NASDAQ:PEGY)


Pineapple Energy (NASDAQ:PEGY) is the most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Pineapple Energy has a valuation score of 100, which is 64 points higher than the communication equipment industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Pineapple Energy's stock has dropped -95.5% in the past year. It has underperformed other stocks in the communication equipment industry by -80 percentage points.

2. Aviat Networks (NASDAQ:AVNW)


Aviat Networks (NASDAQ:AVNW) is the second most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Aviat Networks has a valuation score of 86, which is 50 points higher than the communication equipment industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -14.97% in the past year. It has overperformed other stocks in the communication equipment industry by 1 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 WallStreetZen's Valuation Score. Ericsson Lm Telephone Co has a valuation score of 86, which is 50 points higher than the communication equipment industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Ericsson Lm Telephone Co's stock has dropped -43.64% in the past year. It has underperformed other stocks in the communication equipment industry by -28 percentage points.

Are communication equipment stocks a good buy now?

47.27% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 34.57% over the next year.

What is the average p/e ratio of the communication equipment industry?

The average P/E ratio of the communication equipment industry is 19.34x.
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.