Sectors & Industries TechnologyCommunication 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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

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	$104.15	287,197	-9.19%	96.19	97.18	105.30	84.48	73.74	55.76	72.31	66.68	86.18	91.11	-1.30	-2.52	1.21	1.21
CSCO	CISCO SYSTEMS INC	$41.82	20,910,617	-5.80%	40.95	42.63	44.61	44.43	50.11	43.44	26.37	15.93	70.06	44.33	-1.17	-1.14	-0.03	1.01
LITE	LUMENTUM HOLDINGS INC	$74.03	859,943	45.74%	70.68	74.30	83.15	82.99	89.31	44.91	28.22	17.46	78.33	57.10	-3.55	-3.87	0.32	1.25
ITRN	ITURAN LOCATION & CONTROL LTD	$22.86	29,697	-21.48%	23.21	23.61	25.02	24.49	23.99	38.64	29.45	36.20	61.47	71.35	-0.57	-0.57	-0.00	0.65
AVNW	AVIAT NETWORKS INC	$28.40	60,142	-21.11%	28.45	29.97	31.05	29.18	29.48	38.76	30.13	21.14	43.48	26.26	-1.00	-0.74	-0.26	0.86
ZBRA	ZEBRA TECHNOLOGIES CORP	$281.65	341,776	4.88%	270.95	283.71	309.60	311.87	381.68	46.32	25.85	14.89	64.51	40.10	-10.99	-11.54	0.55	1.27
BOXL	BOXLIGHT CORP	$0.63	181,076	-15.99%	0.60	0.62	0.64	0.70	0.93	51.96	58.97	48.47	99.39	80.29	-0.01	-0.02	0.00	0.71
ERIC	ERICSSON LM TELEPHONE CO	$6.29	14,655,161	33.26%	5.99	6.51	7.08	7.37	8.65	42.75	28.05	15.34	59.49	31.94	-0.36	-0.35	-0.01	0.94
CMBM	CAMBIUM NETWORKS CORP	$18.12	87,180	78.34%	17.09	17.46	18.62	16.71	19.56	53.74	57.62	39.75	91.34	71.14	-0.37	-0.44	0.08	1.09
AMPG	AMPLITECH GROUP INC	$1.94	8,894	-58.41%	1.84	1.94	2.18	2.15	2.65	46.81	51.16	34.36	89.02	68.28	-0.09	-0.11	0.02	1.03
WTT	WIRELESS TELECOM GROUP INC	$1.32	22,205	2.54%	1.31	1.40	1.43	1.39	1.61	42.30	39.91	39.69	37.84	36.46	-0.04	-0.03	-0.01	0.62
JNPR	JUNIPER NETWORKS INC	$27.63	2,394,952	-39.75%	26.42	27.27	28.07	28.63	31.46	52.50	39.18	24.08	72.66	50.37	-0.51	-0.57	0.05	0.86
HPE	HEWLETT PACKARD ENTERPRISE CO	$12.85	11,790,707	-17.15%	12.28	12.74	13.64	13.93	15.15	49.08	35.67	21.47	76.80	53.20	-0.39	-0.43	0.04	1.11
SATS	ECHOSTAR CORP	$17.13	254,440	20.28%	16.42	16.80	18.49	19.59	22.10	48.22	74.72	62.03	93.43	91.62	-0.49	-0.66	0.18	0.83
EXTR	EXTREME NETWORKS INC	$13.94	1,567,112	28.49%	12.87	13.25	13.49	11.56	11.95	60.21	68.07	51.96	93.46	77.77	-0.09	-0.13	0.04	1.57
CIEN	CIENA CORP	$42.81	1,626,987	53.22%	40.99	41.87	48.02	47.91	55.96	46.37	56.06	39.69	86.52	80.90	-1.87	-2.29	0.43	1.05
MYNA	MYNARIC AG	$5.49	2,376	-65.63%	5.01	5.88	7.31	7.74	9.27	40.87	24.10	16.36	73.12	48.69	-0.71	-0.73	0.03	1.31
AUDC	AUDIOCODES LTD	$22.51	31,863	-32.84%	21.73	22.04	22.41	22.38	25.16	55.16	55.43	45.34	92.83	76.81	-0.13	-0.20	0.07	0.92
PEGY	PINEAPPLE ENERGY INC	$1.43	7,445,339	3,230.88%	1.34	1.68	2.46	2.46	4.92	40.64	16.81	7.52	33.33	11.11	-0.41	-0.36	-0.05	0.77
NTIP	NETWORK-1 TECHNOLOGIES INC	$2.28	3,619	-35.26%	2.27	2.29	2.29	2.35	2.48	49.27	38.38	31.65	39.90	22.72	-0.01	-0.01	-0.00	0.30
VISL	VISLINK TECHNOLOGIES INC	$0.45	412,612	122.81%	0.45	0.50	0.55	0.60	0.79	35.29	8.87	6.15	23.04	13.08	-0.04	-0.03	-0.01	0.75
AKTS	AKOUSTIS TECHNOLOGIES INC	$3.09	678,458	64.89%	3.05	3.47	4.13	3.97	4.90	36.85	21.60	14.96	49.92	31.35	-0.35	-0.33	-0.01	1.33
NOK	NOKIA CORP	$4.61	21,334,432	-7.05%	4.36	4.62	4.90	4.85	5.17	49.27	30.07	18.70	63.41	42.05	-0.16	-0.16	0.00	0.88
MSI	MOTOROLA SOLUTIONS INC	$235.42	607,258	-30.80%	229.34	237.14	242.47	227.86	230.77	49.07	28.94	16.68	58.79	33.94	-4.16	-3.57	-0.59	0.93
MAXR	MAXAR TECHNOLOGIES INC	$21.80	933,572	20.72%	19.45	20.82	24.03	25.54	28.67	51.97	53.33	31.62	81.09	52.22	-1.26	-1.47	0.20	1.46
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$2.20	10,253	-35.78%	2.21	2.30	2.36	2.32	2.45	42.91	16.16	16.50	17.05	15.55	-0.05	-0.04	-0.01	0.54
AIRG	AIRGAIN INC	$7.36	32,479	86.10%	7.33	7.56	7.82	8.53	8.79	44.56	16.79	16.47	21.41	19.59	-0.17	-0.14	-0.02	1.00
ONDS	ONDAS HOLDINGS INC	$3.99	221,958	29.91%	3.80	4.05	4.55	5.37	5.69	44.74	33.67	25.23	71.57	57.70	-0.26	-0.26	0.01	0.46
ADTN	ADTRAN HOLDINGS INC	$20.52	796,653	16.61%	19.24	19.18	22.06	20.60	20.04	53.07	90.20	77.29	100.00	98.24	-0.59	-0.90	0.32	0.98
VIAV	VIAVI SOLUTIONS INC	$14.03	1,701,430	54.67%	13.33	13.73	14.41	14.17	15.13	53.47	39.43	24.48	61.00	39.88	-0.27	-0.31	0.04	1.04
PCTI	PC TEL INC	$4.73	9,595	-14.84%	4.60	4.83	4.92	4.55	4.71	46.38	50.96	43.38	78.84	60.31	-0.11	-0.10	-0.01	0.62
PWFL	POWERFLEET INC	$3.25	19,955	288.46%	3.07	3.02	3.07	2.70	3.12	59.13	86.99	81.15	92.24	86.53	0.02	0.01	0.02	0.84
FKWL	FRANKLIN WIRELESS CORP	$2.97	4,156	-38.55%	2.85	2.87	2.93	3.11	3.52	58.25	75.55	62.89	97.91	91.16	-0.01	-0.03	0.02	0.17
HLIT	HARMONIC INC	$13.27	2,175,962	2.66%	12.26	11.77	11.35	10.29	9.99	69.54	90.19	89.26	88.41	87.06	0.52	0.35	0.17	0.95
DGII	DIGI INTERNATIONAL INC	$36.81	748,567	-14.27%	33.99	34.28	33.23	28.45	24.88	63.40	80.81	66.90	94.03	74.85	0.66	0.45	0.22	1.11
MINM	MINIM INC	$0.21	107,277	30.30%	0.23	0.27	0.32	0.39	0.71	24.84	7.15	9.90	1.17	1.07	-0.03	-0.03	-0.00	0.83
LTRX	LANTRONIX INC	$5.13	101,697	-42.09%	4.86	5.21	6.31	5.86	6.36	41.92	33.53	25.21	92.22	86.95	-0.38	-0.42	0.05	1.00
ALLT	ALLOT LTD	$4.16	27,258	-37.48%	3.98	4.10	4.61	4.92	6.78	47.88	49.69	33.77	92.68	70.66	-0.17	-0.21	0.03	1.00
SWIR	SIERRA WIRELESS INC	$30.51	3,353,386	314.01%	30.60	30.69	30.10	26.56	21.61	52.66	21.81	19.22	10.96	5.37	0.13	0.25	-0.11	0.93
INFN	INFINERA CORP	$5.40	2,791,777	1.50%	4.87	4.99	5.37	5.47	6.93	57.31	66.24	49.71	90.54	76.07	-0.10	-0.16	0.06	1.10
UTSI	UTSTARCOM HOLDINGS CORP	$3.90	9,569	18.77%	3.62	3.73	3.75	3.45	3.36	54.74	77.16	71.57	87.03	81.14	-0.01	-0.03	0.02	0.28
SONM	SONIM TECHNOLOGIES INC	$0.51	344,057	906.19%	0.55	0.63	0.71	0.64	0.70	29.91	11.31	10.66	14.49	9.09	-0.06	-0.05	-0.01	1.43
UI	UBIQUITI INC	$309.07	32,308	-43.59%	294.08	300.77	307.37	281.72	279.15	56.45	65.23	50.91	79.63	65.02	-2.40	-2.98	0.57	1.10
SYTA	SIYATA MOBILE INC	$0.35	540,746	214.47%	0.34	0.45	0.63	0.87	1.19	30.80	12.84	8.31	70.33	50.00	-0.10	-0.10	-0.00	0.93
DZSI	DZS INC	$12.02	105,514	36.37%	11.22	11.47	13.34	14.93	14.46	49.94	61.80	47.35	94.84	93.03	-0.56	-0.72	0.17	1.24
KVHI	KVH INDUSTRIES INC	$9.17	49,112	170.22%	9.27	9.48	9.26	8.66	8.73	44.67	21.83	21.00	33.80	30.38	-0.06	0.00	-0.06	0.94
PI	IMPINJ INC	$89.32	342,617	52.04%	83.91	87.16	89.04	71.93	69.90	53.97	45.52	36.90	51.21	37.47	-1.20	-0.96	-0.24	1.52
ITI	ITERIS INC	$2.84	102,945	-3.71%	2.97	3.06	3.05	2.92	3.12	38.87	32.63	38.71	22.87	28.79	-0.05	-0.02	-0.03	1.16
CMTL	COMTECH TELECOMMUNICATIONS CORP	$10.69	125,293	-16.20%	10.26	10.99	11.42	11.10	14.79	47.44	25.16	17.16	42.15	28.60	-0.38	-0.32	-0.06	1.09
TESS	TESSCO TECHNOLOGIES INC	$4.22	9,016	96.90%	4.23	4.37	4.96	5.42	5.76	38.14	27.08	22.22	61.26	43.50	-0.22	-0.24	0.02	0.62
SILC	SILICOM LTD	$36.97	12,751	382.63%	35.28	36.52	39.47	37.20	39.47	49.33	61.02	45.32	100.00	76.05	-1.05	-1.22	0.17	0.60
GILT	GILAT SATELLITE NETWORKS LTD	$5.80	121,941	37.81%	5.44	5.73	6.38	6.37	7.13	48.28	39.66	27.25	87.27	72.78	-0.26	-0.29	0.03	0.91
KN	KNOWLES CORP	$12.83	1,126,016	1.69%	12.49	13.07	15.28	16.79	19.00	38.07	24.17	15.96	60.85	37.83	-0.81	-0.90	0.10	0.95
NTGR	NETGEAR INC	$21.17	143,792	-28.19%	21.24	21.89	23.47	21.26	23.48	41.74	17.61	9.61	33.54	14.23	-0.71	-0.58	-0.14	0.91
CLRO	CLEARONE INC	$0.57	13,564	-22.01%	0.57	0.59	0.65	0.62	0.79	42.46	24.62	27.86	42.49	41.85	-0.02	-0.02	-0.00	0.32
VSAT	VIASAT INC	$40.03	1,153,903	-83.09%	32.38	34.66	35.61	34.42	39.62	64.26	49.21	33.91	74.60	50.94	-0.45	-0.95	0.50	1.14
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$11.68	2,000,636	39.57%	11.59	12.03	13.69	12.57	N/A	42.07	15.86	14.29	49.72	44.11	-0.57	-0.59	0.01	1.43
MITQ	MOVING IMAGE TECHNOLOGIES INC	$1.11	10,977	-62.17%	1.02	1.10	1.24	1.34	2.17	44.07	24.57	16.03	51.66	34.35	-0.07	-0.07	0.00	0.93
COMM	COMMSCOPE HOLDING COMPANY INC	$11.20	5,534,293	151.65%	10.11	11.10	10.58	8.80	8.72	55.05	28.94	15.22	32.87	14.61	-0.25	-0.07	-0.18	1.39
ASNS	ACTELIS NETWORKS INC	$0.90	6,441	-61.72%	0.90	1.07	1.26	N/A	N/A	33.59	22.24	17.72	45.07	33.58	-0.12	-0.11	-0.01	0.55
CRNT	CERAGON NETWORKS LTD	$1.87	371,739	3.80%	1.90	2.00	2.28	2.19	2.18	30.52	11.66	9.46	32.35	24.58	-0.12	-0.11	-0.00	1.03
FEIM	FREQUENCY ELECTRONICS INC	$5.70	15,753	541.67%	5.71	5.84	6.21	6.66	7.73	42.40	45.29	40.46	67.00	61.59	-0.18	-0.19	0.00	0.39
BKTI	BK TECHNOLOGIES CORP	$2.41	3,865	-81.39%	2.24	2.31	2.42	2.45	2.44	53.42	57.89	51.17	92.02	82.04	-0.02	-0.05	0.03	0.46
CASA	CASA SYSTEMS INC	$3.47	103,984	-39.32%	3.27	3.41	3.90	4.01	4.33	48.06	32.64	18.65	68.60	55.15	-0.18	-0.20	0.02	1.31
OCC	OPTICAL CABLE CORP	$3.47	602	-7.10%	3.51	3.75	3.72	3.65	4.09	41.85	16.78	15.56	28.38	25.22	-0.10	-0.05	-0.04	0.43
INSG	INSEEGO CORP	$2.19	422,672	25.07%	2.15	2.35	2.53	2.30	3.30	42.25	11.57	12.65	29.40	24.98	-0.13	-0.11	-0.02	1.33
CAMP	CALAMP CORP	$4.23	866,465	-2.73%	4.25	4.60	5.12	5.35	5.95	40.47	12.08	12.68	31.15	25.71	-0.35	-0.29	-0.06	1.32
TSAT	TELESAT CORP	$8.66	53,626	33.24%	8.03	9.10	10.67	12.24	16.44	42.42	31.01	18.06	73.82	42.15	-0.84	-0.88	0.04	1.23
WLDS	WEARABLE DEVICES LTD	$1.08	1,390,879	-93.70%	0.23	N/A	N/A	N/A	N/A	49.05	N/A	N/A	N/A	N/A	N/A	N/A	N/A	4.05

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.