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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
CLFD
CLEARFIELD INC
$900.11M$65.36$64.50-1.32%Hold215.60%14.94%34.59%26.69%
ZBRA
ZEBRA TECHNOLOGIES CORP
$16.22B$308.91$532.0072.22%Buy53.96%15.56%39.63%18.79%
CSCO
CISCO SYSTEMS INC
$182.62B$44.10$54.1322.73%Buy163.23%5.41%38.54%16.78%
AVNW
AVIAT NETWORKS INC
$289.45M$25.92$51.0096.76%Strong Buy10.80%46.47%15.17%9.36%
ITRN
ITURAN LOCATION & CONTROL LTD
$509.44M$24.81$25.000.77%Hold15.37%13.10%32.84%15.14%
CMBM
CAMBIUM NETWORKS CORP
$415.83M$15.50$31.60103.87%Buy68.75%46.07%N/AN/A
ERIC
ERICSSON LM TELEPHONE CO
$24.06B$7.83$14.0078.80%Hold34.64%8.99%27.41%9.75%
WTT
WIRELESS TELECOM GROUP INC
$29.86M$1.30N/AN/AN/AN/AN/AN/AN/AN/A
JNPR
JUNIPER NETWORKS INC
$9.42B$29.15$36.8226.31%Buy114.35%27.87%12.87%6.22%
AMPG
AMPLITECH GROUP INC
$17.92M$1.87$7.50301.07%Strong Buy2110.06%N/A7.25%6.16%
LITE
LUMENTUM HOLDINGS INC
$5.67B$82.18$110.1834.07%Strong Buy118.28%45.97%19.70%9.11%
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
$1.85B$12.74$19.5653.50%Strong Buy953.72%N/A28.70%25.53%
AUDC
AUDIOCODES LTD
$714.54M$22.17$31.6042.53%Hold511.68%13.56%N/AN/A
KN
KNOWLES CORP
$1.59B$17.32$30.0073.21%Strong Buy15.35%-17.16%9.77%8.38%
MSI
MOTOROLA SOLUTIONS INC
$36.36B$217.33$278.7528.26%Strong Buy86.03%15.78%-585.01%15.87%
MYNA
MYNARIC AG
$141.98M$6.77$40.00490.84%Strong Buy1324.10%N/A9.00%7.07%
HPE
HEWLETT PACKARD ENTERPRISE CO
$18.27B$14.06$16.9620.59%Hold112.56%-16.87%11.20%4.08%
BOXL
BOXLIGHT CORP
$48.50M$0.74$3.00306.50%Buy123.55%N/A6.92%1.70%
DGII
DIGI INTERNATIONAL INC
$1.00B$24.12$32.0032.67%Strong Buy211.28%291.18%12.71%7.02%
VISL
VISLINK TECHNOLOGIES INC
$31.25M$0.68N/AN/AN/AN/AN/AN/AN/AN/A
CIEN
CIENA CORP
$7.03B$46.94$69.5548.16%Strong Buy115.05%-1.28%19.15%10.74%
EXTR
EXTREME NETWORKS INC
$1.25B$9.58$17.1779.20%Strong Buy3-0.68%25.64%85.67%8.30%
AKTS
AKOUSTIS TECHNOLOGIES INC
$241.20M$4.31$10.00132.02%Strong Buy2107.38%N/A-3.53%-2.97%
OCC
OPTICAL CABLE CORP
$30.79M$3.90N/AN/AN/AN/AN/AN/AN/AN/A
ONDS
ONDAS HOLDINGS INC
$256.83M$6.11$10.5071.85%Strong Buy2345.71%N/AN/AN/A
NOK
NOKIA CORP
$27.20B$4.81$7.5256.28%Strong Buy42.80%22.37%17.00%7.37%
PCTI
PC TEL INC
$76.83M$4.14$10.50153.62%Strong Buy1N/AN/AN/AN/A
PWFL
POWERFLEET INC
$82.77M$2.29$9.00293.01%Strong Buy15.73%N/A-0.41%-0.16%
NTIP
NETWORK-1 TECHNOLOGIES INC
$59.23M$2.48N/AN/AN/AN/AN/AN/AN/AN/A
MINM
MINIM INC
$23.15M$0.50$3.50600.00%Strong Buy214.53%N/A-25.51%-14.38%
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
$12.29M$2.34N/AN/AN/AN/AN/AN/AN/AN/A
ITI
ITERIS INC
$127.29M$3.00$4.7558.33%Buy29.62%N/A10.49%6.38%
HLIT
HARMONIC INC
$906.97M$8.68$13.0049.77%Strong Buy312.16%5.56%9.91%4.03%
SATS
ECHOSTAR CORP
$1.68B$19.80$42.00112.12%Buy20.95%0.00%2.41%1.35%
LTRX
LANTRONIX INC
$181.65M$5.22$11.50120.31%Strong Buy411.15%N/A7.88%4.52%
POLY
PLANTRONICS INC
$1.73B$39.65$38.50-2.90%Hold23.62%198.41%810.62%7.34%
AIRG
AIRGAIN INC
$92.93M$9.12$16.2578.18%Buy419.07%N/AN/AN/A
UI
UBIQUITI INC
$15.96B$264.09$279.505.84%Sell2-5.27%-17.30%-133.46%58.85%
SYTA
SIYATA MOBILE INC
$20.18M$1.43$6.50354.55%Strong Buy1315.82%N/A-14.93%-11.19%
KVHI
KVH INDUSTRIES INC
$162.68M$8.61$12.0039.37%Strong Buy26.42%N/A6.35%4.90%
PI
IMPINJ INC
$1.42B$55.81$89.0059.47%Strong Buy520.25%N/AN/A-4.88%
SWIR
SIERRA WIRELESS INC
$864.02M$22.54$21.00-6.83%Hold325.82%N/A10.56%4.90%
ADTN
ADTRAN INC
$907.25M$18.47$25.0035.35%Buy2N/AN/A16.31%9.76%
FKWL
FRANKLIN WIRELESS CORP
$36.52M$3.15N/AN/AN/AN/AN/AN/AN/AN/A
ALLT
ALLOT LTD
$195.12M$5.34$13.33149.68%Hold39.41%N/AN/AN/A
MITQ
MOVING IMAGE TECHNOLOGIES INC
$14.08M$1.30N/AN/AN/AN/AN/AN/AN/AN/A
DZSI
DZS INC
$468.09M$16.95$22.0029.79%Strong Buy314.49%N/AN/AN/A
INFN
INFINERA CORP
$1.14B$5.30$9.6782.40%Hold47.58%N/A31.61%3.60%
VIAV
VIAVI SOLUTIONS INC
$3.11B$13.66$19.0039.09%Hold22.58%N/A22.47%8.49%
CRNT
CERAGON NETWORKS LTD
$185.46M$2.21$5.38143.21%Strong Buy22.50%N/A5.56%2.52%
NTGR
NETGEAR INC
$559.31M$19.44$28.5046.60%Buy2-3.01%N/AN/AN/A
UTSI
UTSTARCOM HOLDINGS CORP
$31.06M$0.86N/AN/AStrong Buy1N/AN/AN/AN/A
VSAT
VIASAT INC
$2.36B$31.70$69.67119.77%Strong Buy318.51%N/A3.70%1.53%
PEGY
PINEAPPLE ENERGY INC
$16.36M$2.20$12.00445.45%Strong Buy1N/AN/AN/AN/A
SONM
SONIM TECHNOLOGIES INC
$11.37M$0.59N/AN/AStrong Buy14.16%N/A17.48%4.90%
FEIM
FREQUENCY ELECTRONICS INC
$65.73M$7.08N/AN/AN/AN/AN/AN/AN/AN/A
TESS
TESSCO TECHNOLOGIES INC
$52.80M$5.84N/AN/AStrong Buy17.27%N/A-5.48%-2.05%
CASA
CASA SYSTEMS INC
$401.21M$4.26$9.33119.08%Buy3-7.28%N/A47.49%5.59%
BDR
BLONDER TONGUE LABORATORIES INC
$4.06M$0.31N/AN/AN/AN/AN/AN/AN/AN/A
SILC
SILICOM LTD
$228.53M$34.06$65.0090.84%Buy1N/AN/AN/AN/A
MAXR
MAXAR TECHNOLOGIES INC
$2.04B$27.61$38.7540.35%Buy85.51%-18.79%9.55%3.17%
GILT
GILAT SATELLITE NETWORKS LTD
$347.79M$6.15N/AN/AN/AN/AN/AN/AN/AN/A
CMTL
COMTECH TELECOMMUNICATIONS CORP
$258.11M$9.73$11.0013.05%Buy2-0.66%N/AN/AN/A
CAMP
CALAMP CORP
$180.43M$4.99$12.33147.15%Strong Buy34.16%N/AN/AN/A
CLRO
CLEARONE INC
$14.13M$0.59N/AN/AN/AN/AN/AN/AN/AN/A
BKTI
BK TECHNOLOGIES CORP
$41.32M$2.45N/AN/AN/AN/AN/AN/AN/AN/A
INSG
INSEEGO CORP
$237.35M$2.21$5.67156.43%Buy311.45%N/AN/AN/A
COMM
COMMSCOPE HOLDING COMPANY INC
$1.42B$6.86$9.8643.69%Hold103.76%N/A-187.34%4.49%
TSAT
TELESAT CORP
$650.72M$13.13N/AN/AN/AN/AN/AN/AN/AN/A
ASNS
ACTELIS NETWORKS INC
$28.62M$1.65N/AN/AN/AN/AN/AN/AN/AN/A

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Jun 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 68, which is 34 points higher than the communication equipment industry average of 34. It passed 23 out of 33 due diligence checks and has strong fundamentals. Clearfield has seen its stock return 78.48% over the past year, overperforming other communication equipment stocks by 103 percentage points.

Clearfield has an average 1 year price target of $64.50, a downside of -1.32% from Clearfield's current stock price of $65.36.

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. Zebra Technologies (NASDAQ:ZBRA)


Zebra Technologies (NASDAQ:ZBRA) is the second best communication equipment stock with a Zen Score of 62, which is 28 points higher than the communication equipment industry average of 34. It passed 21 out of 33 due diligence checks and has strong fundamentals. Zebra Technologies has seen its stock lose -39.48% over the past year, underperforming other communication equipment stocks by -15 percentage points.

Zebra Technologies has an average 1 year price target of $532.00, an upside of 72.22% from Zebra Technologies's current stock price of $308.91.

Zebra Technologies stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Zebra Technologies, 40% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

3. Cisco Systems (NASDAQ:CSCO)


Cisco Systems (NASDAQ:CSCO) is the third best communication equipment stock with a Zen Score of 58, which is 24 points higher than the communication equipment industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cisco Systems has seen its stock lose -16.45% over the past year, overperforming other communication equipment stocks by 8 percentage points.

Cisco Systems has an average 1 year price target of $54.13, an upside of 22.73% from Cisco Systems's current stock price of $44.10.

Cisco Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Cisco Systems, 25% have issued a Strong Buy rating, 31.25% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 6.25% 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 5.31%, which is 3 percentage points higher than the communication equipment industry average of 2.44%. 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 -550% indicates that its high dividend yield might not be sustainable for the long-term.

2. Comtech Telecommunications (NASDAQ:CMTL)


Comtech Telecommunications (NASDAQ:CMTL) has an annual dividend yield of 4.11%, which is 2 percentage points higher than the communication equipment industry average of 2.44%. Comtech Telecommunications's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Comtech Telecommunications's dividend has not shown consistent growth over the last 10 years.

Comtech Telecommunications's dividend payout ratio of -35.7% indicates that its dividend yield might not be sustainable for the long-term.

3. Bk Technologies (NYSEMKT:BKTI)


Bk Technologies (NYSEMKT:BKTI) has an annual dividend yield of 4.08%, which is 2 percentage points higher than the communication equipment industry average of 2.44%. 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 -38.5% indicates that its dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 3.08% in the last day, and up 6.12% over the last week. Moving Image Technologies was the among the top gainers in the communication equipment industry, gaining 20.37% yesterday.

Moving iMage Technologies shares are trading higher after the company announced a $1 million buyback.

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. Optical Cable (NASDAQ:OCC)


Optical Cable (NASDAQ:OCC) is the most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Optical Cable has a valuation score of 86, which is 53 points higher than the communication equipment industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Optical Cable's stock has gained 5.41% in the past year. It has overperformed other stocks in the communication equipment industry by 30 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 WallStreetZen's Valuation Score. Ericsson Lm Telephone Co has a valuation score of 71, which is 38 points higher than the communication equipment industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Ericsson Lm Telephone Co's stock has dropped -37.76% in the past year. It has underperformed other stocks in the communication equipment industry by -13 percentage points.

3. Aviat Networks (NASDAQ:AVNW)


Aviat Networks (NASDAQ:AVNW) is the third most undervalued communication equipment stock based on WallStreetZen's Valuation Score. Aviat Networks has a valuation score of 71, which is 38 points higher than the communication equipment industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -25.94% in the past year. It has underperformed other stocks in the communication equipment industry by -1 percentage points.

Are communication equipment stocks a good buy now?

51.79% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 46.53% 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 10.1x.
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.