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

Financials Momentum Sentiment Forecast Dividends Due Diligence

Communication Equipment is Zen Rated B and is the 41st ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Rev. Y/Y	Rev. 5Y	Earn. Y/Y	Earn. 5Y	Earnings Date
HPE	HEWLETT PACKARD ENTERPRISE CO	$74.38B	$41.87B	$6.59B	$2.68B	$2.02	26.59%	8.66%	134.88%	20.65%
DGII	DIGI INTERNATIONAL INC	$2.65B	$506.21M	$112.82M	$48.74M	$1.29	20.26%	10.83%	11.21%	32.16%
ITRN	ITURAN LOCATION & CONTROL LTD	$1.02B	$393.23M	$102.80M	$64.02M	$3.24	15.79%	8.73%	16.13%	15.01%
AUDC	AUDIOCODES LTD	$244.43M	$249.25M	$18.89M	$7.06M	$0.26	2.47%	1.22%	-44.68%	-23.92%
EXTR	EXTREME NETWORKS INC	$2.83B	$1.28B	$99.99M	$42.12M	$0.32	12.59%	4.92%	N/A	74.11%
BDC	BELDEN INC	$4.77B	$2.86B	$473.33M	$244.14M	$6.23	9.44%	8.02%	11.25%	23.60%	2026-10-29
CRNT	CERAGON NETWORKS LTD	$187.13M	$346.73M	$22.71M	-$3.28M	-$0.04	-8.88%	4.26%	N/A	N/A
HLIT	HARMONIC INC	$1.30B	$495.77M	-$8.75M	-$47.14M	-$0.42	-7.95%	1.89%	N/A	N/A	2026-11-02
VIAV	VIAVI SOLUTIONS INC	$9.56B	$1.52B	$104.90M	-$30.40M	-$0.13	40.03%	4.84%	N/A	N/A
ZBRA	ZEBRA TECHNOLOGIES CORP	$16.68B	$5.85B	$1.06B	$539.00M	$11.02	12.66%	2.52%	3.47%	-5.04%	2026-10-27
CSCO	CISCO SYSTEMS INC	$430.41B	$63.33B	$20.02B	$13.27B	$3.36	11.77%	4.92%	31.25%	6.01%
CIEN	CIENA CORP	$48.40B	$6.02B	$970.71M	$654.41M	$4.62	32.57%	12.06%	371.43%	9.24%
KN	KNOWLES CORP	$3.04B	$635.00M	$124.20M	$67.50M	$0.78	12.77%	-5.66%	178.57%	1.90%	2026-10-22
OCC	OPTICAL CABLE CORP	$120.93M	$78.39M	$2.70M	$1.01M	$0.12	13.61%	7.29%	N/A	N/A	2026-09-09
LTRX	LANTRONIX INC	$246.14M	$120.90M	-$872.00k	-$4.18M	-$0.10	-1.65%	11.08%	N/A	N/A
PI	IMPINJ INC	$5.25B	$371.53M	-$8.10M	-$26.99M	-$0.91	3.51%	18.78%	N/A	N/A
AVNW	AVIAT NETWORKS INC	$252.19M	$439.68M	$28.21M	$2.54M	$0.20	1.17%	9.85%	81.82%	-54.25%
BKTI	BK TECHNOLOGIES CORP	$272.87M	$90.63M	$18.90M	$13.59M	$3.64	15.70%	15.97%	9.64%	23.83%
AIRG	AIRGAIN INC	$71.66M	$51.35M	-$4.41M	-$7.01M	-$0.56	-9.62%	-3.23%	N/A	N/A
LITE	LUMENTUM HOLDINGS INC	$87.77B	$3.01B	-$6.88B	-$6.94B	-$92.96	83.22%	11.58%	N/A	N/A
UI	UBIQUITI INC	$35.14B	$3.27B	$1.20B	$960.30M	$15.87	27.22%	11.52%	34.83%	10.14%
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$31.53B	$1.59B	$589.37M	$538.31M	$2.96	165.11%	N/A	305.48%	N/A
SILC	SILICOM LTD	$247.94M	$75.43M	N/A	-$9.79M	-$1.71	28.60%	-9.10%	N/A	N/A	2026-10-29
CLFD	CLEARFIELD INC	$392.58M	$130.18M	-$684.00k	-$7.22M	-$0.51	13.49%	1.17%	N/A	N/A
ERIC	ERICSSON LM TELEPHONE CO	$33.95B	$25.31B	$4.39B	$3.04B	$0.91	14.47%	-1.92%	92,600.00%	7.66%	2026-10-15
MSI	MOTOROLA SOLUTIONS INC	$76.62B	$12.24B	$3.71B	$2.13B	$12.85	10.29%	9.19%	1.34%	13.57%	2026-10-29
NOK	NOKIA CORP	$61.15B	$23.40B	$1.38B	$765.88M	$0.14	16.87%	-2.57%	-56.35%	N/A	2026-10-22
ADTN	ADTRAN HOLDINGS INC	$617.63M	$1.14B	$97.52M	-$26.08M	-$0.28	15.75%	16.34%	N/A	N/A	2026-11-02
GILT	GILAT SATELLITE NETWORKS LTD	$765.45M	$487.79M	$53.71M	$30.27M	$0.46	39.47%	22.29%	17.95%	-11.13%
VISN	VISTANCE NETWORKS INC	$1.49B	$222.70M	$6.94B	$7.22B	$32.21	58.73%	-51.80%	864.37%	N/A	2026-10-29
AAOI	APPLIED OPTOELECTRONICS INC	$9.43B	$595.97M	-$24.32M	-$57.02M	-$0.75	61.85%	20.68%	N/A	N/A
NTGR	NETGEAR INC	$574.29M	$694.41M	-$13.41M	-$25.75M	-$0.94	-0.50%	-12.73%	N/A	N/A
FEIM	FREQUENCY ELECTRONICS INC	$644.32M	$63.23M	$1.53M	-$903.00k	-$0.09	-9.43%	3.11%	N/A	N/A	2026-09-10
MOB	MOBILICOM LTD	$63.57M	$2.57M	N/A	-$21.43M	N/A	36.84%	N/A	N/A	N/A
CLRO	CLEARONE INC	$13.40M	$0.00	-$20.12M	-$20.08M	-$10.85	N/A	-100.00%	N/A	N/A
VSAT	VIASAT INC	$10.71B	$4.63B	$1.77B	-$29.39M	-$0.21	1.35%	17.62%	N/A	N/A
AIOT	POWERFLEET INC	$397.31M	$450.45M	$83.41M	-$18.76M	-$0.14	15.14%	30.38%	N/A	N/A
CMTL	COMTECH TELECOMMUNICATIONS CORP	$47.04M	$454.16M	$50.92M	-$65.77M	-$2.21	-8.31%	-4.96%	N/A	N/A	2026-09-29
INSG	INSEEGO CORP	$71.59M	$172.61M	$2.60M	$2.20M	$0.14	-0.81%	-10.44%	-58.82%	N/A
AMPG	AMPLITECH GROUP INC	$107.11M	$23.99M	-$5.59M	-$8.01M	-$0.33	24.22%	46.63%	N/A	N/A
TSAT	TELESAT CORP	$717.74M	$259.62M	-$74.86M	-$267.11M	-$17.80	-28.69%	-16.59%	N/A	N/A
ASTS	AST SPACEMOBILE INC	$25.73B	$115.30M	-$470.75M	-$618.76M	-$2.13	2,256.89%	68.39%	N/A	N/A
ONDS	ONDAS INC	$4.35B	$174.10M	$166.11M	$156.48M	-$0.04	979.30%	127.45%	N/A	N/A
FIEE	FIEE INC	$32.24M	$13.10M	$6.79M	$3.47M	$0.54	28,925.73%	-25.13%	N/A	N/A
MITQ	MOVING IMAGE TECHNOLOGIES INC	$5.96M	$18.66M	$140.00k	-$157.00k	-$0.02	0.23%	25.80%	N/A	N/A	2026-09-25
SONM	DNA X INC	$4.66M	-$27.91M	-$4.96M	-$8.55M	-$10.18	N/A	N/A	N/A	N/A	2026-10-30
SYNX	SILYNXCOM LTD	$5.61M	$5.81M	-$2.75M	-$3.06M	-$0.49	-36.16%	N/A	N/A	N/A
UTSI	UTSTARCOM HOLDINGS CORP	$20.70M	$7.71M	-$6.57M	-$9.31M	-$1.01	-21.23%	-16.75%	N/A	N/A
FKWL	FRANKLIN WIRELESS CORP	$28.69M	$35.05M	-$266.17k	-$726.51k	-$0.06	-22.60%	-30.14%	N/A	N/A	2026-10-05
CHAI	CORE AI HOLDINGS INC	$6.77M	$55.49M	-$22.79M	-$21.12M	$2.85	23.86%	62.25%	-99.66%	N/A
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$33.77M	$50.26M	N/A	$3.63M	$0.54	7.46%	7.41%	0.00%	29.20%
BOXL	BOXLIGHT CORP	$3.92M	$104.33M	-$5.89M	-$23.13M	-$144.16	14.48%	-3.00%	N/A	N/A
NUR	NURAN WIRELESS INC	$32.19M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Sep 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: A, Safety: C, Financials: C, and AI: C.

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 54, which is 22 points higher than the communication equipment industry average of 32.

HPE passed 20 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 138.43% over the past year, overperforming other communication equipment stocks by 91 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.18, an upside of 23.46% from Hewlett Packard Enterprise Co's current stock price of $56.03.

Hewlett Packard Enterprise Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Hewlett Packard Enterprise Co, 58.82% have issued a Strong Buy rating, 11.76% have issued a Buy, 29.41% 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 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 Digi International (NASDAQ:DGII) is: Value: C, Growth: B, Momentum: B, Sentiment: B, Safety: B, Financials: B, and AI: B.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 38, which is 6 points higher than the communication equipment industry average of 32.

DGII passed 13 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 102.05% over the past year, overperforming other communication equipment stocks by 54 percentage points.

Digi International has an average 1 year price target of $82.33, an upside of 17.77% from Digi International's current stock price of $69.91.

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.

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 25 points higher than the communication equipment industry average of 32.

ITRN passed 21 out of 38 due diligence checks and has strong fundamentals. Ituran Location & Control has seen its stock return 50.33% over the past year, overperforming other communication equipment stocks by 2 percentage points.

Ituran Location & Control has an average 1 year price target of $63.50, an upside of 22.61% from Ituran Location & Control's current stock price of $51.79.

Ituran Location & Control stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Ituran Location & Control, 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.

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 154.56%, which is 139 percentage points higher than the communication equipment industry average of 15.83%.

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 5.79%, which is -10 percentage points lower than the communication equipment industry average of 15.83%. 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 4.02%, which is -12 percentage points lower than the communication equipment industry average of 15.83%. 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 high dividend yield might not be sustainable for the long-term.

Why are communication equipment stocks up?

Communication equipment stocks were up 3.15% in the last day, and up 2.32% over the last week. Nuran Wireless was the among the top gainers in the communication equipment industry, gaining 38.98% yesterday.

Nuran Wireless shares are trading higher after a 13G filing showed that Frontier Nuclear & Minerals reported a 9.9% stake in the company.

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

Belden's stock has dropped -6.34% in the past year. It has underperformed other stocks in the communication equipment industry by -54 percentage points.

2. Audiocodes (NASDAQ:AUDC)

Audiocodes (NASDAQ:AUDC) 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.

Audiocodes has a valuation score of 57, which is 37 points higher than the communication equipment industry average of 20. It passed 4 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 2.16% in the past year. It has underperformed other stocks in the communication equipment industry by -46 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 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 51 points higher than the communication equipment industry average of 20. It passed 5 out of 7 valuation due diligence checks.

Ericsson LM Telephone Co's stock has gained 27.47% in the past year. It has underperformed other stocks in the communication equipment industry by -20 percentage points.

Are communication equipment stocks a good buy now?

61.76% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 25.1% over the next year.

13.95% of communication equipment stocks have a Zen Rating of A (Strong Buy), 23.26% of communication equipment stocks are rated B (Buy), 39.53% are rated C (Hold), 11.63% 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 19.59x.

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.