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 36th 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
HPE	HEWLETT PACKARD ENTERPRISE CO	$56.69	$28.33	100.09%	28.06x	14.78x	1.81x	2.84x	0.91x	$4.57B	6.03%	$26.51B	19.85	$89.28B	13.56
AUDC	AUDIOCODES LTD	$11.31	$10.19	11.01%	43.50x	18.03x	1.14x	1.91x	0.38x	$21.59M	7.58%	$145.78M	5.79	$268.08M	14.19
ITRN	ITURAN LOCATION & CONTROL LTD	$50.52	$24.95	102.52%	15.59x	13.82x	2.54x	4.57x	1.58x	$80.49M	8.06%	$218.37M	11.04	$899.39M	8.75
OCC	OPTICAL CABLE CORP	$11.71	$6.37	83.88%	40.38x	23.66x	1.25x	7.03x	0.71x	$409.90k	0.39%	$14.73M	1.67	$112.21M	26.34
BDC	BELDEN INC	$104.15	$74.69	39.44%	16.72x	11.95x	1.42x	2.94x	0.69x	$212.08M	5.23%	$1.38B	35.54	$5.04B	10.65
DGII	DIGI INTERNATIONAL INC	$74.95	$28.42	163.76%	58.10x	23.46x	5.59x	4.15x	1.01x	$136.28M	4.81%	$685.15M	18.14	$2.93B	26.01
EXTR	EXTREME NETWORKS INC	$21.97	$8.88	147.53%	68.66x	16.51x	2.27x	32.36x	0.90x	$95.24M	3.26%	$88.59M	0.67	$2.85B	28.50
ZBRA	ZEBRA TECHNOLOGIES CORP	$386.45	$150.78	156.29%	35.07x	17.99x	3.13x	5.32x	1.18x	$904.00M	4.94%	$3.44B	72.61	$21.05B	19.95
CRNT	CERAGON NETWORKS LTD	$2.00	N/A	N/A	-50.00x	18.85x	0.53x	1.06x	N/A	$12.97M	7.10%	$172.05M	1.89	$176.57M	7.78
KN	KNOWLES CORP	$32.17	$14.33	124.44%	41.24x	23.39x	4.34x	3.45x	0.91x	$63.50M	2.30%	$795.50M	9.28	$2.85B	22.93
VIAV	VIAVI SOLUTIONS INC	$30.45	N/A	N/A	-234.19x	18.16x	4.60x	5.19x	N/A	$86.80M	1.24%	$1.45B	6.31	$7.50B	71.49
HLIT	HARMONIC INC	$10.05	N/A	N/A	-23.93x	13.80x	2.20x	3.04x	N/A	$53.91M	4.94%	$360.35M	3.32	$994.38M	-113.60
LTRX	LANTRONIX INC	$5.75	N/A	N/A	-57.50x	24.33x	1.91x	2.25x	N/A	$9.27M	4.02%	$119.28M	2.97	$208.09M	-238.63
CSCO	CISCO SYSTEMS INC	$106.50	$34.51	208.57%	31.70x	20.37x	6.65x	8.35x	1.72x	$12.77B	3.03%	$50.29B	12.72	$442.20B	22.09
ERIC	ERICSSON LM TELEPHONE CO	$10.66	$5.84	82.52%	11.69x	N/A	1.40x	3.07x	2.09x	$3.14B	8.85%	$11.71B	3.52	$35.55B	8.09
CIEN	CIENA CORP	$320.26	$81.39	293.49%	69.32x	44.33x	7.56x	14.86x	1.62x	$814.36M	1.79%	$3.06B	21.52	$46.25B	47.65
AVNW	AVIAT NETWORKS INC	$19.17	$11.60	65.29%	95.85x	7.38x	0.56x	0.92x	0.54x	$6.09M	2.47%	$267.39M	20.81	$271.74M	9.63
FEIM	FREQUENCY ELECTRONICS INC	$64.18	$8.79	629.97%	256.72x	43.39x	9.01x	6.04x	2.54x	-$184.00k	-0.03%	$119.84M	11.71	$667.74M	107.60
PI	IMPINJ INC	$167.07	N/A	N/A	-183.59x	77.63x	13.71x	22.04x	N/A	$62.99M	1.24%	$231.59M	7.60	$5.33B	-658.05
BKTI	BK TECHNOLOGIES CORP	$66.54	$17.72	275.45%	18.28x	18.17x	2.75x	4.83x	37.68x	$17.56M	7.04%	$51.95M	13.85	$222.19M	11.76
AIRG	AIRGAIN INC	$4.05	N/A	N/A	-7.23x	56.72x	1.01x	1.81x	N/A	-$3.19M	-6.12%	$29.31M	2.28	$49.92M	-11.31
CLFD	CLEARFIELD INC	$27.70	N/A	N/A	-54.31x	30.40x	2.89x	1.53x	N/A	$18.52M	4.92%	$245.92M	18.09	$366.10M	-535.24
MSI	MOTOROLA SOLUTIONS INC	$481.83	$132.27	264.27%	37.50x	26.97x	6.53x	29.84x	2.03x	$2.68B	3.35%	$2.67B	16.12	$88.50B	23.83
LITE	LUMENTUM HOLDINGS INC	$756.17	N/A	N/A	-8.13x	34.29x	18.72x	14.61x	N/A	$342.50M	0.61%	$4.64B	62.25	$67.46B	-9.80
UI	UBIQUITI INC	$587.42	$135.79	332.58%	37.01x	30.15x	10.86x	24.69x	2.91x	$908.94M	2.56%	$1.44B	23.80	$35.10B	29.14
SILC	SILICOM LTD	$38.31	N/A	N/A	-22.39x	-83.65x	2.90x	1.92x	N/A	N/A	N/A	$114.84M	20.10	$201.48M	N/A
NOK	NOKIA CORP	$8.14	N/A	N/A	57.73x	N/A	2.00x	1.89x	N/A	$2.28B	4.86%	$24.67B	4.30	$45.88B	33.22
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$147.29	$63.55	131.77%	49.76x	22.92x	17.22x	10.15x	0.89x	$438.60M	1.60%	$2.73B	14.67	$27.24B	46.21
ADTN	ADTRAN HOLDINGS INC	$6.43	N/A	N/A	-22.96x	21.80x	0.46x	4.05x	N/A	$40.18M	7.71%	$129.50M	1.60	$687.35M	7.05
GILT	GILAT SATELLITE NETWORKS LTD	$7.44	$5.43	37.09%	16.17x	11.22x	1.16x	1.05x	0.69x	-$3.35M	-0.59%	$544.61M	7.19	$437.68M	8.15
NTGR	NETGEAR INC	$22.46	N/A	N/A	-23.89x	77.26x	0.87x	1.34x	N/A	-$17.26M	-2.84%	$456.43M	16.88	$471.65M	-35.18
VISN	VISTANCE NETWORKS INC	$6.10	N/A	N/A	0.19x	5.89x	6.22x	0.56x	N/A	$86.90M	6.28%	$2.51B	11.04	$1.29B	0.19
AAOI	APPLIED OPTOELECTRONICS INC	$67.51	N/A	N/A	-90.01x	88.54x	9.24x	3.42x	N/A	-$900.45M	-16.35%	$1.67B	20.45	$5.50B	-226.16
CMTL	COMTECH TELECOMMUNICATIONS CORP	$1.24	N/A	N/A	-0.54x	-3.00x	0.15x	0.96x	N/A	$22.19M	59.92%	$38.90M	1.30	$220.36M	20.87
AIOT	POWERFLEET INC	$2.66	N/A	N/A	-19.00x	-44.93x	0.79x	0.74x	N/A	-$2.98M	-0.83%	$482.59M	3.60	$615.94M	7.38
VSAT	VIASAT INC	$61.47	N/A	N/A	-292.71x	-37.09x	1.82x	1.83x	N/A	$578.29M	6.86%	$4.64B	33.84	$13.60B	7.67
CLRO	CLEARONE INC	$3.25	N/A	N/A	-0.30x	N/A	N/A	-22.82x	N/A	-$14.43M	-165.91%	-$381.00k	-0.14	$8.67M	-0.43
MOB	MOBILICOM LTD	$3.15	N/A	N/A	N/A	-1.93x	15.75x	5.03x	N/A	-$3.91M	-9.65%	$8.07M	0.63	$33.66M	N/A
INSG	INSEEGO CORP	$4.24	N/A	N/A	30.29x	-5.72x	0.40x	-2.28x	N/A	-$19.90M	-28.77%	-$30.56M	-1.87	$130.42M	50.08
AMPG	AMPLITECH GROUP INC	$2.58	N/A	N/A	-7.80x	-9.71x	2.73x	1.65x	N/A	-$14.19M	-21.67%	$46.75M	1.84	$72.40M	-12.96
TSAT	TELESAT CORP	$42.55	N/A	N/A	-2.39x	-2.88x	2.49x	2.40x	N/A	-$408.42M	-63.07%	$270.35M	17.76	$4.06B	-54.25
ASTS	AST SPACEMOBILE INC	$39.79	N/A	N/A	-18.68x	-18.73x	103.08x	8.18x	N/A	-$1.74B	-14.59%	$1.89B	6.33	$15.76B	-33.47
ONDS	ONDAS INC	$6.20	N/A	N/A	-155.00x	22.79x	17.82x	2.25x	N/A	-$171.95M	-5.53%	$1.57B	3.14	$2.88B	17.32
FIEE	FIEE INC	$3.15	N/A	N/A	5.83x	N/A	2.03x	2.38x	N/A	$2.86M	10.73%	$11.28M	1.33	$21.43M	3.16
NUR	NURAN WIRELESS INC	$0.74	N/A	N/A	N/A	N/A	N/A	60.77x	N/A	N/A	N/A	$159.34k	0.01	$20.07M	N/A
SONM	DNA X INC	$3.08	N/A	N/A	-0.30x	N/A	-0.15x	-3.72x	N/A	-$14.51M	-348.72%	-$1.23M	-0.91	$6.08M	-1.23
SYNX	SILYNXCOM LTD	$0.74	N/A	N/A	-2.30x	N/A	0.50x	0.98x	N/A	-$803.00k	-16.35%	$5.00M	0.75	$3.42M	-1.91
CHAI	CORE AI HOLDINGS INC	$0.19	N/A	N/A	0.07x	-0.03x	0.07x	2.63x	N/A	$5.88M	148.13%	$1.75M	0.08	-$3.96M	0.17
FKWL	FRANKLIN WIRELESS CORP	$2.20	N/A	N/A	-5.50x	53.92x	0.71x	0.88x	N/A	-$6.83M	-26.32%	$29.31M	2.49	$13.56M	-3.17
UTSI	UTSTARCOM HOLDINGS CORP	$2.18	N/A	N/A	-2.16x	N/A	2.60x	0.65x	N/A	-$9.61M	-47.89%	$30.76M	3.34	-$13.36M	2.03
BOXL	BOXLIGHT CORP	$2.69	N/A	N/A	-0.02x	-0.03x	0.01x	-1.26x	N/A	-$7.73M	-506.54%	-$1.42M	-2.51	$38.26M	-6.50
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.35	N/A	N/A	8.05x	8.08x	0.61x	0.99x	N/A	$3.35M	10.91%	$30.88M	4.38	$22.39M	5.73
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.52	N/A	N/A	-17.40x	N/A	0.30x	1.13x	N/A	-$2.52M	-48.47%	$4.61M	0.46	$2.92M	486.68

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Oct 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. Hewlett Packard Enterprise Co (NYSE:HPE)

Hewlett Packard Enterprise Co (NYSE:HPE) 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 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 57, which is 24 points higher than the communication equipment industry average of 33.

HPE passed 21 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 142.85% over the past year, overperforming other communication equipment stocks by 120 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $70.90, an upside of 25.06% from Hewlett Packard Enterprise Co's current stock price of $56.69.

Hewlett Packard Enterprise Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Hewlett Packard Enterprise Co, 47.37% have issued a Strong Buy rating, 10.53% have issued a Buy, 42.11% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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 Audiocodes (NASDAQ:AUDC) is: Value: B, Growth: C, Momentum: B, Sentiment: A, 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 26.74% over the past year, overperforming other communication equipment stocks by 4 percentage points.

3. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) 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 Ituran Location & Control (NASDAQ:ITRN) is: Value: C, 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 24 points higher than the communication equipment industry average of 33.

ITRN passed 21 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 33.64% over the past year, overperforming other communication equipment stocks by 11 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 81.97%, which is 73 percentage points higher than the communication equipment industry average of 8.98%.

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 5.94%, which is -3 percentage points lower than the communication equipment industry average of 8.98%. 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 3.54%, which is -5 percentage points lower than the communication equipment industry average of 8.98%. 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 up?

Communication equipment stocks were up 0.1% in the last day, and down -2.46% over the last week.

We couldn't find a catalyst for why communication equipment stocks are up.

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 34 points higher than the communication equipment industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Belden's stock has dropped -12.3% in the past year. It has underperformed other stocks in the communication equipment industry by -35 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 B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Aviat Networks has a valuation score of 57, which is 34 points higher than the communication equipment industry average of 23. It passed 4 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -18.14% in the past year. It has underperformed other stocks in the communication equipment industry by -41 percentage points.

3. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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.

Audiocodes has a valuation score of 43, which is 20 points higher than the communication equipment industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 26.74% in the past year. It has overperformed other stocks in the communication equipment industry by 4 percentage points.

Are communication equipment stocks a good buy now?

53.13% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 38.29% over the next year.

16.28% of communication equipment stocks have a Zen Rating of A (Strong Buy), 30.23% of communication equipment stocks are rated B (Buy), 32.56% are rated C (Hold), 9.3% are rated D (Sell), and 11.63% 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 23.9x.

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. Hewlett Packard Enterprise Co (NYSE:HPE)

2. Audiocodes (NASDAQ:AUDC)

3. Ituran Location & Control (NASDAQ:ITRN)

1. Vistance Networks (NASDAQ:VISN)

2. Ituran Location & Control (NASDAQ:ITRN)

3. Audiocodes (NASDAQ:AUDC)

1. Belden (NYSE:BDC)

2. Aviat Networks (NASDAQ:AVNW)

3. Audiocodes (NASDAQ:AUDC)

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