Sectors & Industries TechnologyCommunication Equipment
Best Communication Equipment Stocks to Buy Now (2025)
Top communication equipment stocks in 2025 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 26th 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
EXTR	EXTREME NETWORKS INC	$20.92	N/A	N/A	-348.67x	39.47x	2.43x	42.17x	N/A	$127.32M	4.60%	$65.58M	0.50	$2.76B	55.93
BKTI	BK TECHNOLOGIES CORP	$77.27	$44.52	73.55%	23.27x	N/A	3.60x	7.85x	1.15x	$13.23M	4.70%	$36.76M	10.08	$277.65M	20.89
DGII	DIGI INTERNATIONAL INC	$36.62	$20.17	81.51%	31.57x	20.04x	3.23x	2.19x	1.02x	$101.07M	7.44%	$621.51M	16.76	$1.39B	15.34
ERIC	ERICSSON LM TELEPHONE CO	$8.20	$0.79	937.86%	8,200.00x	13.61x	1.10x	2.91x	3.91x	$4.27B	15.65%	$9.43B	2.83	$27.62B	43.58
VIAV	VIAVI SOLUTIONS INC	$12.66	$4.07	211.09%	79.13x	35.83x	2.60x	3.62x	1.51x	$67.10M	2.39%	$780.20M	3.51	$3.04B	28.27
CIEN	CIENA CORP	$163.61	$30.94	428.83%	166.95x	107.74x	5.11x	8.28x	2.43x	$700.83M	3.02%	$2.79B	19.65	$23.61B	54.82
KN	KNOWLES CORP	$23.47	$2.17	979.44%	83.82x	N/A	3.62x	2.70x	16.52x	$109.50M	5.37%	$746.10M	8.59	$2.12B	23.78
GILT	GILAT SATELLITE NETWORKS LTD	$14.09	$8.10	73.85%	35.23x	23.88x	2.30x	2.55x	0.92x	$21.29M	2.65%	$315.76M	5.53	$806.51M	20.89
COMM	COMMSCOPE HOLDING COMPANY INC	$15.43	N/A	N/A	4.46x	12.65x	0.71x	-1.40x	N/A	$258.10M	7.67%	-$2.44B	-11.19	$10.10B	6.46
CSCO	CISCO SYSTEMS INC	$69.96	$28.58	144.78%	27.33x	21.05x	4.91x	5.90x	1.93x	$13.29B	4.78%	$46.84B	11.78	$296.31B	19.11
UI	UBIQUITI INC	$696.57	$99.34	601.17%	59.18x	58.44x	16.37x	63.06x	8.60x	$627.44M	1.49%	$668.26M	11.05	$42.28B	49.26
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$151.15	$18.05	737.48%	207.05x	114.29x	43.30x	33.46x	4.11x	$93.47M	0.36%	$781.38M	4.55	$25.94B	171.07
AVNW	AVIAT NETWORKS INC	$22.33	$18.71	19.34%	203.00x	11.42x	0.65x	1.09x	0.46x	-$7.25M	-2.56%	$263.18M	20.75	$317.04M	16.52
BDC	BELDEN INC	$114.05	$87.71	30.04%	20.37x	15.39x	1.72x	3.66x	0.78x	$215.66M	4.79%	$1.23B	31.24	$5.59B	13.31
ITRN	ITURAN LOCATION & CONTROL LTD	$35.55	$27.58	28.90%	12.74x	N/A	2.08x	3.43x	1.19x	$59.24M	8.38%	$206.04M	10.36	$623.66M	6.95
LITE	LUMENTUM HOLDINGS INC	$159.76	$26.58	501.01%	420.42x	49.83x	6.70x	9.84x	2.45x	-$56.60M	-0.51%	$1.13B	16.45	$13.25B	124.11
OCC	OPTICAL CABLE CORP	$10.69	N/A	N/A	-76.36x	N/A	1.30x	5.20x	N/A	-$1.20M	-1.26%	$18.23M	2.06	$103.45M	131.12
ADTN	ADTRAN HOLDINGS INC	$8.98	N/A	N/A	-6.85x	598.67x	0.73x	4.24x	N/A	$105.20M	14.69%	$169.61M	2.13	$830.56M	30.54
AUDC	AUDIOCODES LTD	$9.68	N/A	N/A	20.60x	32.27x	1.15x	1.49x	N/A	$32.07M	11.48%	$188.08M	6.51	$254.16M	13.22
CLFD	CLEARFIELD INC	$36.79	$3.59	924.63%	3,679.00x	55.32x	2.84x	1.92x	3.90x	$22.70M	4.46%	$264.48M	19.12	$502.67M	54.61
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$4.89	$8.73	-43.97%	9.06x	N/A	0.62x	1.22x	0.33x	$1.89M	6.48%	$24.23M	4.07	$26.59M	11.73
ZBRA	ZEBRA TECHNOLOGIES CORP	$298.79	$128.41	132.69%	28.06x	22.91x	2.93x	4.20x	1.70x	$853.00M	5.61%	$3.62B	71.14	$16.64B	17.76
PI	IMPINJ INC	$205.64	N/A	N/A	N/A	1,233.59x	16.62x	31.87x	N/A	$27.46M	0.46%	$187.69M	6.47	$6.23B	320.10
NTGR	NETGEAR INC	$36.01	$35.66	0.98%	16.15x	-44.59x	1.49x	2.00x	0.60x	$109.54M	10.52%	$523.16M	18.10	$819.88M	9.71
HLIT	HARMONIC INC	$10.29	N/A	N/A	17.15x	93.55x	1.69x	2.62x	N/A	$118.16M	10.13%	$446.40M	3.94	$1.20B	10.37
MSI	MOTOROLA SOLUTIONS INC	$457.63	$109.36	318.45%	36.09x	33.42x	6.88x	38.74x	4.90x	$2.38B	3.12%	$1.97B	11.80	$81.24B	24.91
SILC	SILICOM LTD	$18.20	N/A	N/A	-7.12x	N/A	1.76x	0.85x	N/A	N/A	N/A	$121.73M	21.43	$57.72M	N/A
NOK	NOKIA CORP	$5.18	$2.41	114.72%	15.37x	16.89x	1.39x	1.30x	4.45x	$2.71B	9.34%	$22.45B	4.00	$28.86B	13.43
HPE	HEWLETT PACKARD ENTERPRISE CO	$26.25	$20.79	26.26%	30.52x	17.27x	1.05x	1.42x	0.62x	$569.00M	1.63%	$24.40B	18.42	$53.72B	14.13
LTRX	LANTRONIX INC	$5.64	N/A	N/A	-19.45x	-62.67x	1.77x	2.97x	N/A	$6.78M	3.12%	$74.38M	1.93	$212.47M	-41.94
CRNT	CERAGON NETWORKS LTD	$2.43	N/A	N/A	16.20x	26.05x	0.57x	1.27x	N/A	$11.56M	5.31%	$171.78M	1.92	$225.75M	5.87
VSAT	VIASAT INC	$35.52	N/A	N/A	-7.93x	30.62x	1.01x	1.02x	N/A	-$122.00M	-2.67%	$4.55B	35.45	$10.47B	8.67
MOB	MOBILICOM LTD	$8.78	N/A	N/A	N/A	-16.88x	35.84x	23.35x	N/A	-$2.42M	-3.67%	$3.12M	0.41	$68.59M	N/A
ONDS	ONDAS HOLDINGS INC	$10.49	N/A	N/A	-19.79x	-33.30x	98.04x	25.31x	N/A	-$31.93M	-2.02%	$90.82M	0.60	$2.25B	-72.05
INSG	INSEEGO CORP	$16.40	$3.80	331.10%	46.86x	30.94x	1.28x	-18.94x	3.50x	$19.30M	7.84%	-$13.00M	-0.87	$269.95M	9.23
AMPG	AMPLITECH GROUP INC	$4.54	N/A	N/A	-7.32x	N/A	4.78x	2.61x	N/A	-$7.68M	-8.30%	$35.81M	1.76	$86.76M	-12.04
CMTL	COMTECH TELECOMMUNICATIONS CORP	$3.09	N/A	N/A	-0.31x	-2.22x	0.18x	0.79x	N/A	-$39.94M	-43.98%	$115.43M	3.93	$313.92M	-1.54
CHAI	CORE AI HOLDINGS INC	$6.14	N/A	N/A	0.02x	-0.00x	1.09x	1.51x	N/A	-$13.43M	-142.52%	$12.29M	8.00	$14.52M	-1.67
AIOT	POWERFLEET INC	$5.19	N/A	N/A	-16.74x	14.42x	1.77x	1.50x	N/A	-$28.72M	-4.14%	$460.73M	3.46	$940.27M	19.69
AAOI	APPLIED OPTOELECTRONICS INC	$32.37	N/A	N/A	-7.93x	-71.93x	5.25x	5.82x	N/A	-$170.44M	-10.52%	$309.01M	6.18	$1.92B	-13.23
FEIM	FREQUENCY ELECTRONICS INC	$38.66	$181.80	-78.74%	17.03x	N/A	5.48x	6.69x	0.09x	-$1.00M	-0.27%	$56.32M	5.79	$379.38M	30.99
TSAT	TELESAT CORP	$34.50	N/A	N/A	-6.43x	N/A	1.42x	1.03x	N/A	-$803.19M	-158.54%	$493.62M	33.62	$2.45B	15.24
SONM	SONIM TECHNOLOGIES INC	$0.71	N/A	N/A	-0.11x	0.84x	0.07x	-6.01x	N/A	-$18.11M	-439.86%	-$1.08M	-0.19	$7.20M	-0.27
ASTS	AST SPACEMOBILE INC	$86.79	N/A	N/A	-49.31x	-88.38x	4,339.50x	35.87x	N/A	-$676.87M	-3.22%	$867.37M	3.58	$30.68B	-109.23
SATS	ECHOSTAR CORP	$76.50	N/A	N/A	-72.17x	-19.81x	1.42x	1.12x	N/A	-$1.74B	-7.90%	$19.74B	68.65	$49.11B	20.57
ASNS	ACTELIS NETWORKS INC	$0.60	N/A	N/A	-0.77x	-0.94x	1.04x	6.62x	N/A	-$7.43M	-135.33%	$1.02M	0.11	$7.00M	-1.23
FOXX	FOXX DEVELOPMENT HOLDINGS INC	$4.20	N/A	N/A	-1.76x	N/A	0.55x	-18.31x	N/A	-$5.12M	-17.31%	-$1.56M	-0.22	$25.94M	-8.79
KVHI	KVH INDUSTRIES INC	$5.66	N/A	N/A	-11.55x	N/A	1.00x	0.80x	N/A	-$17.78M	-16.11%	$137.81M	7.07	$63.36M	17.06
MITQ	MOVING IMAGE TECHNOLOGIES INC	$0.92	N/A	N/A	-9.16x	N/A	0.50x	1.87x	N/A	$437.00k	4.80%	$4.86M	0.49	$4.53M	-7.25
FKWL	FRANKLIN WIRELESS CORP	$4.58	N/A	N/A	-229.00x	N/A	1.17x	1.56x	N/A	$1.29M	2.38%	$34.54M	2.93	$40.63M	71.03
SYNX	SILYNXCOM LTD	$1.67	N/A	N/A	N/A	N/A	1.66x	1.51x	N/A	-$2.58M	-25.87%	$6.60M	1.10	$7.50M	-2.39
UTSI	UTSTARCOM HOLDINGS CORP	$2.54	N/A	N/A	-3.79x	N/A	2.37x	0.55x	N/A	-$6.60M	-28.43%	$42.21M	4.61	-$22.74M	5.59
CLRO	CLEARONE INC	$5.96	N/A	N/A	-0.85x	N/A	1.07x	0.69x	N/A	-$6.03M	-58.36%	$14.95M	8.62	$10.94M	-1.02
CMBM	CAMBIUM NETWORKS CORP	$0.86	N/A	N/A	-0.24x	-2.34x	0.14x	0.56x	N/A	-$23.77M	-98.02%	$43.63M	1.55	$54.68M	-0.70
AIRG	AIRGAIN INC	$4.20	N/A	N/A	-7.24x	-10.12x	0.88x	1.68x	N/A	-$2.19M	-4.40%	$29.79M	2.52	$46.67M	-15.00
BOXL	BOXLIGHT CORP	$2.08	N/A	N/A	-0.16x	-0.35x	0.06x	-0.27x	N/A	$3.52M	51.30%	-$20.63M	-6.26	$45.34M	34.51
FIEE	FIEE INC	$2.76	N/A	N/A	-12.00x	N/A	306.67x	5.86x	N/A	-$709.91k	-5.04%	$2.93M	0.58	$13.04M	-10.52

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Oct 2025?

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. Extreme Networks (NASDAQ:EXTR)

Extreme Networks (NASDAQ:EXTR) is the #1 top communication equipment stock out of 57 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 Extreme Networks (NASDAQ:EXTR) is: Value: C, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: B.

Extreme Networks (NASDAQ:EXTR) has a Due Diligence Score of 17, which is -14 points lower than the communication equipment industry average of 31. Although this number is below the industry average, our proven quant model rates EXTR as a "A".

EXTR passed 5 out of 33 due diligence checks and has weak fundamentals. Extreme Networks has seen its stock return 35.4% over the past year, underperforming other communication equipment stocks by -10 percentage points.

Extreme Networks has an average 1 year price target of $21.25, an upside of 1.58% from Extreme Networks's current stock price of $20.92.

Extreme Networks stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Extreme Networks, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Bk Technologies (NYSEMKT:BKTI)

Bk Technologies (NYSEMKT:BKTI) is the #2 top communication equipment stock out of 57 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 Bk Technologies (NYSEMKT:BKTI) is: Value: B, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: A, and AI: D.

Bk Technologies (NYSEMKT:BKTI) has a Due Diligence Score of 34, which is 3 points higher than the communication equipment industry average of 31.

BKTI passed 14 out of 38 due diligence checks and has average fundamentals. Bk Technologies has seen its stock return 209.2% over the past year, overperforming other communication equipment stocks by 164 percentage points.

Bk Technologies has an average 1 year price target of $74.00, a downside of -4.23% from Bk Technologies's current stock price of $77.27.

Bk Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Bk Technologies, 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. Digi International (NASDAQ:DGII)

Digi International (NASDAQ:DGII) is the #3 top communication equipment stock out of 57 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: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 60, which is 29 points higher than the communication equipment industry average of 31.

DGII passed 19 out of 33 due diligence checks and has strong fundamentals. Digi International has seen its stock return 24.47% over the past year, underperforming other communication equipment stocks by -21 percentage points.

Digi International has an average 1 year price target of $41.00, an upside of 11.96% from Digi International's current stock price of $36.62.

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.

What are the communication equipment stocks with highest dividends?

Out of 9 communication equipment stocks that have issued dividends in the past year, the 3 communication equipment stocks with the highest dividend yields are:

1. Ituran Location & Control (NASDAQ:ITRN)

Ituran Location & Control (NASDAQ:ITRN) has an annual dividend yield of 4.22%, which is 2 percentage points higher than the communication equipment industry average of 1.97%. 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 63.8% indicates that its high dividend yield is sustainable for the long-term.

2. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) has an annual dividend yield of 3.93%, which is 2 percentage points higher than the communication equipment industry average of 1.97%. 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 76.6% indicates that its high dividend yield is sustainable for the long-term.

3. Ericsson LM Telephone Co (NASDAQ:ERIC)

Ericsson LM Telephone Co (NASDAQ:ERIC) has an annual dividend yield of 3.41%, which is 1 percentage points higher than the communication equipment industry average of 1.97%. Ericsson LM Telephone Co's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Ericsson LM Telephone Co's dividend has not shown consistent growth over the last 10 years.

Ericsson LM Telephone Co's dividend payout ratio of 26,200% indicates that its dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 0.11% in the last day, and up 3.12% over the last week. Netgear was the among the top gainers in the communication equipment industry, gaining 8.92% yesterday.

NETGEAR shares are trading higher following reports suggesting that the Trump administration may restrict U.S. operations of China-linked router-maker TP-Link Systems.

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. Ericsson LM Telephone Co (NASDAQ:ERIC)

Ericsson LM Telephone Co (NASDAQ:ERIC) 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.

Ericsson LM Telephone Co has a valuation score of 43, which is 18 points higher than the communication equipment industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 8.61% in the past year. It has underperformed other stocks in the communication equipment industry by -37 percentage points.

2. Ceragon Networks (NASDAQ:CRNT)

Ceragon Networks (NASDAQ:CRNT) 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.

Ceragon Networks has a valuation score of 43, which is 18 points higher than the communication equipment industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Ceragon Networks's stock has dropped -5.45% in the past year. It has underperformed other stocks in the communication equipment industry by -51 percentage points.

3. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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.

Audiocodes has a valuation score of 71, which is 46 points higher than the communication equipment industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 4.88% in the past year. It has underperformed other stocks in the communication equipment industry by -40 percentage points.

Are communication equipment stocks a good buy now?

50% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to fall by -7.59% over the next year.

19.57% of communication equipment stocks have a Zen Rating of A (Strong Buy), 15.22% of communication equipment stocks are rated B (Buy), 50% are rated C (Hold), 8.7% are rated D (Sell), and 6.52% 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 384.79x.

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.