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 +32.52% 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 A and is the 29th 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
KN	KNOWLES CORP	$30.61	$24.65	24.16%	60.02x	23.97x	4.46x	3.35x	0.49x	$81.90M	3.10%	$775.80M	8.98	$2.68B	26.04
DGII	DIGI INTERNATIONAL INC	$56.66	$25.18	124.98%	50.14x	24.04x	4.72x	3.28x	1.05x	$111.66M	5.28%	$649.20M	17.38	$2.25B	23.56
LTRX	LANTRONIX INC	$6.54	N/A	N/A	-28.43x	39.26x	2.21x	3.49x	N/A	$9.64M	3.73%	$74.42M	1.88	$246.30M	-51.98
BKTI	BK TECHNOLOGIES CORP	$93.13	N/A	N/A	25.24x	25.72x	3.97x	7.89x	N/A	$16.31M	4.77%	$44.70M	12.17	$331.33M	18.79
ITRN	ITURAN LOCATION & CONTROL LTD	$57.68	$28.70	100.95%	19.75x	17.26x	3.19x	5.25x	1.61x	$67.70M	5.91%	$217.56M	10.95	$1.04B	11.07
ADTN	ADTRAN HOLDINGS INC	$16.93	N/A	N/A	-32.56x	33.98x	1.25x	9.36x	N/A	$98.03M	7.26%	$145.83M	1.83	$1.51B	21.27
EXTR	EXTREME NETWORKS INC	$17.59	$4.75	270.00%	251.29x	17.31x	1.93x	24.62x	1.42x	$121.74M	5.17%	$95.91M	0.72	$2.35B	35.48
CIEN	CIENA CORP	$520.80	$54.56	854.57%	323.48x	83.27x	14.40x	26.37x	4.01x	$742.21M	1.01%	$2.79B	19.71	$74.10B	146.08
BDC	BELDEN INC	$134.37	$73.67	82.38%	22.40x	16.79x	1.96x	4.12x	1.16x	$218.69M	4.11%	$1.26B	31.93	$6.20B	14.00
AUDC	AUDIOCODES LTD	$9.03	$12.08	-25.23%	29.13x	13.39x	1.05x	1.43x	0.31x	$22.89M	8.89%	$171.30M	6.01	$237.32M	12.99
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.78	$12.32	-61.21%	8.10x	N/A	0.58x	1.17x	0.19x	$4.59M	15.61%	$28.70M	4.66	$24.54M	7.24
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$195.04	$41.79	366.72%	101.58x	57.77x	33.27x	19.46x	2.20x	$283.69M	0.80%	$1.85B	10.15	$34.77B	93.59
NOK	NOKIA CORP	$10.46	N/A	N/A	74.18x	N/A	2.57x	2.43x	N/A	$2.28B	3.79%	$24.67B	4.30	$59.20B	42.86
MSI	MOTOROLA SOLUTIONS INC	$438.26	$141.67	209.35%	33.89x	25.85x	6.25x	30.13x	2.19x	$2.57B	3.52%	$2.41B	14.47	$81.07B	22.95
UI	UBIQUITI INC	$1,033.33	$148.77	594.60%	70.34x	62.31x	21.04x	61.58x	5.36x	$699.50M	1.12%	$1.02B	16.79	$62.34B	58.58
VIAV	VIAVI SOLUTIONS INC	$47.75	N/A	N/A	-265.28x	55.95x	8.60x	13.24x	N/A	$81.00M	0.76%	$834.30M	3.73	$11.55B	235.79
OCC	OPTICAL CABLE CORP	$12.32	N/A	N/A	-136.89x	N/A	1.48x	6.00x	N/A	-$499.31k	-0.46%	$18.13M	2.05	$115.80M	116.60
HLIT	HARMONIC INC	$10.56	N/A	N/A	-27.79x	18.37x	3.33x	3.04x	N/A	$96.89M	8.07%	$383.25M	3.37	$1.17B	-56.45
CRNT	CERAGON NETWORKS LTD	$2.64	N/A	N/A	-132.00x	16.18x	0.70x	1.35x	N/A	$14.13M	5.95%	$172.75M	1.92	$231.32M	10.72
HPE	HEWLETT PACKARD ENTERPRISE CO	$28.16	N/A	N/A	-165.65x	11.51x	1.05x	1.51x	N/A	$2.52B	6.70%	$24.77B	18.57	$54.13B	20.10
CSCO	CISCO SYSTEMS INC	$89.01	$35.73	149.14%	31.90x	21.01x	5.96x	7.37x	1.54x	$12.24B	3.48%	$47.72B	12.07	$374.21B	22.01
KVHI	KVH INDUSTRIES INC	$9.78	N/A	N/A	-25.74x	87.17x	1.71x	1.45x	N/A	$24.81M	13.08%	$130.98M	6.75	$124.98M	39.28
PI	IMPINJ INC	$123.91	N/A	N/A	-334.89x	63.41x	10.05x	17.90x	N/A	$45.89M	1.26%	$209.23M	7.15	$4.00B	471.32
AVNW	AVIAT NETWORKS INC	$23.36	$24.73	-5.54%	20.49x	9.52x	0.67x	1.11x	0.45x	$16.08M	5.36%	$271.61M	21.13	$323.29M	7.94
GILT	GILAT SATELLITE NETWORKS LTD	$17.42	$6.83	155.00%	49.77x	34.16x	2.29x	2.57x	1.25x	$9.19M	0.89%	$500.28M	8.42	$1.13B	23.89
SILC	SILICOM LTD	$30.57	N/A	N/A	-15.20x	-23.73x	2.82x	1.48x	N/A	-$3.96M	-2.27%	$117.49M	20.59	$145.55M	-16.13
LITE	LUMENTUM HOLDINGS INC	$881.64	$126.09	599.24%	243.55x	115.61x	29.78x	74.36x	2.92x	$18.50M	0.03%	$846.60M	11.91	$65.61B	203.64
INSG	INSEEGO CORP	$15.02	N/A	N/A	-83.44x	259.86x	1.37x	-60.24x	N/A	-$2.08M	-0.92%	-$4.04M	-0.27	$263.24M	18.69
ERIC	ERICSSON LM TELEPHONE CO	$11.27	$6.82	65.35%	12.36x	N/A	1.48x	3.24x	2.21x	$3.14B	8.37%	$11.71B	3.52	$37.60B	8.56
CLFD	CLEARFIELD INC	$30.17	N/A	N/A	-61.57x	57.62x	2.81x	1.65x	N/A	$19.48M	4.66%	$249.65M	18.00	$407.09M	223.55
AMPG	AMPLITECH GROUP INC	$1.95	N/A	N/A	-5.91x	4.90x	1.63x	1.50x	N/A	-$9.70M	-23.69%	$32.86M	1.57	$48.59M	-9.11
VSAT	VIASAT INC	$61.99	N/A	N/A	-23.75x	-37.67x	1.82x	1.84x	N/A	$623.88M	7.41%	$4.57B	33.66	$13.79B	9.36
ZBRA	ZEBRA TECHNOLOGIES CORP	$227.71	$162.11	40.47%	27.63x	12.55x	2.08x	3.12x	0.69x	$831.00M	7.42%	$3.59B	72.94	$13.74B	16.10
VISN	VISTANCE NETWORKS INC	$19.40	N/A	N/A	1.92x	25.36x	2.20x	-4.36x	N/A	$262.60M	6.16%	-$1.00B	-4.57	$10.88B	4.75
AIRG	AIRGAIN INC	$6.76	N/A	N/A	-12.52x	176.50x	1.55x	2.92x	N/A	-$1.50M	-1.88%	$28.29M	2.39	$79.98M	-30.12
NTGR	NETGEAR INC	$25.63	N/A	N/A	-40.68x	218.50x	1.05x	1.45x	N/A	-$18.91M	-2.58%	$497.82M	17.40	$551.65M	-62.83
MOB	MOBILICOM LTD	$5.87	N/A	N/A	-3.09x	N/A	21.74x	11.46x	N/A	-$1.38M	-2.64%	$6.26M	0.71	$64.89M	-3.85
CMTL	COMTECH TELECOMMUNICATIONS CORP	$3.96	N/A	N/A	-1.78x	-4.91x	0.25x	1.79x	N/A	$14.51M	12.30%	$65.61M	2.20	$337.33M	4.13
AIOT	POWERFLEET INC	$3.34	N/A	N/A	-13.92x	49.63x	1.03x	0.92x	N/A	-$7.88M	-1.77%	$485.03M	3.62	$702.17M	10.64
BOXL	BOXLIGHT CORP	$1.07	N/A	N/A	-0.03x	-0.07x	0.01x	2.90x	N/A	-$3.44M	-508.97%	$1.26M	1.99	$35.81M	-8.11
AAOI	APPLIED OPTOELECTRONICS INC	$162.17	N/A	N/A	-253.39x	194.92x	21.42x	16.62x	N/A	-$384.65M	-3.94%	$733.92M	12.20	$12.23B	-788.28
SATS	ECHOSTAR CORP	$117.50	N/A	N/A	-2.33x	-43.06x	2.25x	5.89x	N/A	-$1.74B	-5.15%	$5.77B	20.05	$62.00B	-3.93
ONDS	ONDAS INC	$10.55	N/A	N/A	-17.02x	-53.50x	46.07x	11.26x	N/A	-$40.82M	-1.74%	$437.81M	1.97	$4.35B	-35.59
FEIM	FREQUENCY ELECTRONICS INC	$51.54	$9.76	428.19%	70.60x	74.86x	7.45x	8.42x	3.16x	-$3.82M	-0.76%	$60.24M	6.15	$513.90M	56.67
TSAT	TELESAT CORP	$47.69	N/A	N/A	-6.11x	-13.36x	2.27x	1.81x	N/A	-$410.22M	-58.75%	$390.31M	26.66	$3.53B	33.40
ASTS	AST SPACEMOBILE INC	$76.40	N/A	N/A	-57.01x	-74.44x	275.81x	15.85x	N/A	-$1.19B	-6.10%	$1.84B	7.19	$28.65B	-114.19
FIEE	FIEE INC	$6.62	N/A	N/A	55.17x	N/A	6.01x	7.97x	N/A	$3.45M	9.27%	$6.59M	1.17	$49.47M	24.48
CLRO	CLEARONE INC	$3.22	N/A	N/A	-0.22x	N/A	N/A	-12.05x	N/A	-$14.55M	-256.31%	-$714.00k	-0.40	$8.38M	-0.33
SYNX	SILYNXCOM LTD	$1.19	N/A	N/A	N/A	N/A	1.19x	1.08x	N/A	-$2.58M	-36.30%	$6.60M	1.10	$4.63M	-1.47
SONM	DNA X INC	$4.19	N/A	N/A	-0.15x	N/A	N/A	-0.78x	N/A	-$23.53M	-776.92%	-$7.96M	-11.01	$10.00M	-0.67
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.64	N/A	N/A	-21.33x	N/A	0.34x	1.27x	N/A	-$1.40M	-22.03%	$5.00M	0.50	$3.49M	120.31
FKWL	FRANKLIN WIRELESS CORP	$3.64	$2.15	68.96%	182.00x	39.65x	1.08x	1.22x	0.63x	-$9.97M	-23.24%	$35.13M	2.98	$34.73M	39.99
CHAI	CORE AI HOLDINGS INC	$0.99	N/A	N/A	0.00x	-0.17x	0.44x	0.27x	N/A	-$13.23M	-435.43%	$11.03M	3.57	$2.00M	-0.16
UTSI	UTSTARCOM HOLDINGS CORP	$2.49	N/A	N/A	-2.86x	N/A	2.55x	0.63x	N/A	-$9.24M	-40.40%	$36.50M	3.97	-$16.38M	3.24

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Apr 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. Knowles (NYSE:KN)

Knowles (NYSE:KN) is the #1 top communication equipment stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Knowles (NYSE:KN) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.

Knowles (NYSE:KN) has a Due Diligence Score of 44, which is 14 points higher than the communication equipment industry average of 30.

KN passed 14 out of 33 due diligence checks and has strong fundamentals. Knowles has seen its stock return 95.59% over the past year, underperforming other communication equipment stocks by -58 percentage points.

Knowles has an average 1 year price target of $39.00, an upside of 27.41% from Knowles's current stock price of $30.61.

Knowles stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Knowles, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Digi International (NASDAQ:DGII)

Digi International (NASDAQ:DGII) is the #2 top communication equipment stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Digi International (NASDAQ:DGII) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 42, which is 12 points higher than the communication equipment industry average of 30.

DGII passed 13 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 105.96% over the past year, underperforming other communication equipment stocks by -48 percentage points.

Digi International has an average 1 year price target of $48.80, a downside of -13.87% from Digi International's current stock price of $56.66.

Digi International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Digi International, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Lantronix (NASDAQ:LTRX)

Lantronix (NASDAQ:LTRX) is the #3 top communication equipment stock out of 54 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Lantronix (NASDAQ:LTRX) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.

Lantronix (NASDAQ:LTRX) has a Due Diligence Score of 17, which is -13 points lower than the communication equipment industry average of 30. Although this number is below the industry average, our proven quant model rates LTRX as a "A".

LTRX passed 5 out of 33 due diligence checks and has weak fundamentals. Lantronix has seen its stock return 194.59% over the past year, overperforming other communication equipment stocks by 41 percentage points.

Lantronix has an average 1 year price target of $8.25, an upside of 26.15% from Lantronix's current stock price of $6.54.

Lantronix stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Lantronix, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% 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 10 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 51.55%, which is 45 percentage points higher than the communication equipment industry average of 6.43%.

Vistance Networks's dividend payout ratio of 0% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) has an annual dividend yield of 5.2%, which is -1 percentage points lower than the communication equipment industry average of 6.43%. Ituran Location & Control's dividend payout is not stable, having dropped more than 10% two 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 102.7% 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 4.43%, which is -2 percentage points lower than the communication equipment industry average of 6.43%. 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 129% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 1.56% in the last day, and down -0.69% over the last week. Credo Technology Group Holding was the among the top gainers in the communication equipment industry, gaining 5.12% yesterday.

Shares of semiconductor companies are trading higher amid sympathy with Intel, which reported better-than-expected Q1 financial results and issued Q2 guidance above estimates. Also, reports suggest that a strike action at a Samsung Electronics facility earlier this month led to lower production, which may boost sales for competitors.

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. Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW) 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.

Aviat Networks 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.

Aviat Networks's stock has gained 34.18% in the past year. It has underperformed other stocks in the communication equipment industry by -119 percentage points.

2. Ericsson LM Telephone Co (NASDAQ:ERIC)

Ericsson LM Telephone Co (NASDAQ:ERIC) 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.

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 36.94% in the past year. It has underperformed other stocks in the communication equipment industry by -117 percentage points.

3. Belden (NYSE:BDC)

Belden (NYSE:BDC) 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.

Belden 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.

Belden's stock has gained 32.55% in the past year. It has underperformed other stocks in the communication equipment industry by -121 percentage points.

Are communication equipment stocks a good buy now?

57.89% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to fall by -8.98% over the next year.

10.87% of communication equipment stocks have a Zen Rating of A (Strong Buy), 17.39% of communication equipment stocks are rated B (Buy), 54.35% are rated C (Hold), 13.04% are rated D (Sell), and 4.35% 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 55.04x.

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.