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

Overview Zen Rating Price Value Growth Financials Momentum Sentiment

Communication Equipment is Zen Rated B and is the 35th ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
HPE	HEWLETT PACKARD ENTERPRISE CO	$75.24B	1,327,464,779	0.09%	0.55%	Net Buying	Net Buying
DGII	DIGI INTERNATIONAL INC	$2.66B	37,948,123	0.10%	5.75%	Net Selling
ITRN	ITURAN LOCATION & CONTROL LTD	$1.02B	19,773,000	0.06%	27.96%
AUDC	AUDIOCODES LTD	$245.42M	24,590,849	0.04%	22.65%	Net Selling	Net Selling
EXTR	EXTREME NETWORKS INC	$2.86B	130,490,653	0.10%	20.24%	Net Selling	Net Selling
BDC	BELDEN INC	$4.40B	39,078,191	0.11%	5.81%	Net Selling	Net Selling
OCC	OPTICAL CABLE CORP	$121.58M	8,842,024	0.02%	24.14%	Net Selling	Net Selling
ZBRA	ZEBRA TECHNOLOGIES CORP	$16.14B	47,310,660	0.10%	12.75%	Net Selling	Net Selling
VIAV	VIAVI SOLUTIONS INC	$8.51B	246,749,828	0.10%	2.14%	Net Selling	Net Selling
CRNT	CERAGON NETWORKS LTD	$187.13M	91,280,512	0.02%	1.09%	Net Buying
HLIT	HARMONIC INC	$1.22B	109,066,445	0.09%	5.80%	Net Selling	Net Selling
CIEN	CIENA CORP	$48.29B	141,808,525	0.09%	3.29%	Net Selling	Net Selling
PI	IMPINJ INC	$5.43B	30,554,413	0.04%	99.96%	Net Selling	Net Selling
KN	KNOWLES CORP	$3.00B	85,410,326	0.10%	3.30%	Net Selling	Net Selling
LTRX	LANTRONIX INC	$253.14M	46,705,312	0.02%	99.98%	Net Selling	Net Selling
CSCO	CISCO SYSTEMS INC	$424.77B	3,942,586,873	0.08%	1.90%	Net Selling	Net Selling
FEIM	FREQUENCY ELECTRONICS INC	$953.72M	11,273,287	0.07%	62.07%	Net Selling	Net Selling
AVNW	AVIAT NETWORKS INC	$258.34M	12,801,539	0.08%	35.16%	Net Selling	Net Selling
BKTI	BK TECHNOLOGIES CORP	$269.89M	3,769,389	0.01%	99.99%	Net Selling
AIRG	AIRGAIN INC	$69.82M	13,100,234	0.03%	28.15%	Net Selling	Net Buying
LITE	LUMENTUM HOLDINGS INC	$82.47B	89,700,000	0.09%	7.23%	Net Selling	Net Selling
CLFD	CLEARFIELD INC	$408.74M	13,583,955	0.06%	41.06%	Net Selling	Net Selling
MSI	MOTOROLA SOLUTIONS INC	$76.21B	165,493,788	0.09%	37.54%	Net Selling	Net Selling
UI	UBIQUITI INC	$34.52B	60,528,381	0.00%	100.00%	Net Selling	Net Selling
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$30.35B	187,951,918	0.07%	20.79%	Net Selling	Net Selling
SILC	SILICOM LTD	$242.69M	5,713,000	0.04%	18.67%	Net Selling	Net Selling
NOK	NOKIA CORP	$58.23B	5,742,239,696	0.02%	0.00%
ERIC	ERICSSON LM TELEPHONE CO	$33.81B	3,371,351,735	0.01%	0.00%
ADTN	ADTRAN HOLDINGS INC	$577.70M	81,481,407	0.10%	26.83%	Net Selling	Net Buying
GILT	GILAT SATELLITE NETWORKS LTD	$758.52M	77,007,203	0.04%	0.06%	Net Selling	Net Selling
VISN	VISTANCE NETWORKS INC	$1.50B	230,626,412	0.10%	8.63%	Net Selling	Net Selling
AAOI	APPLIED OPTOELECTRONICS INC	$8.18B	84,569,237	0.06%	9.58%	Net Selling	Net Selling
NTGR	NETGEAR INC	$617.51M	27,179,021	0.10%	14.17%	Net Selling	Net Selling
MOB	MOBILICOM LTD	$61.25M	12,867,653	0.02%	5.87%
VSAT	VIASAT INC	$9.77B	137,755,810	0.10%	60.97%	Net Selling	Net Selling
AIOT	POWERFLEET INC	$406.70M	134,225,918	0.09%	22.89%	Net Selling	Net Selling
CLRO	CLEARONE INC	$11.21M	2,675,412	0.00%	100.00%	Net Selling
CMTL	COMTECH TELECOMMUNICATIONS CORP	$44.64M	29,961,431	0.04%	7.89%	Net Selling	Net Selling
INSG	INSEEGO CORP	$67.49M	16,420,592	0.01%	99.99%	Net Selling	Net Selling
TSAT	TELESAT CORP	$742.55M	15,219,358	0.28%	0.93%
AMPG	AMPLITECH GROUP INC	$100.35M	30,043,887	0.02%	10.79%	Net Buying	Net Selling
ASTS	AST SPACEMOBILE INC	$23.07B	389,167,494	0.04%	47.77%	Net Selling	Net Selling
ONDS	ONDAS INC	$4.11B	570,552,341	0.05%	4.89%	Net Selling	Net Selling
FIEE	FIEE INC	$33.01M	8,528,598	0.00%	100.00%	Net Buying
NUR	NURAN WIRELESS INC	$14.13M	13,084,716	0.00%	0.00%
FKWL	FRANKLIN WIRELESS CORP	$27.93M	11,784,280	0.00%	100.00%
SONM	DNA X INC	$4.51M	1,488,268	0.00%	100.00%
SYNX	SILYNXCOM LTD	$5.31M	6,634,000	0.00%	43.88%
UTSI	UTSTARCOM HOLDINGS CORP	$20.15M	9,200,000	0.00%	100.00%	Net Selling	Net Selling
CHAI	CORE AI HOLDINGS INC	$6.44M	24,691,846	0.01%	6.59%
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$33.42M	7,050,000	0.02%	0.61%	Net Buying
BOXL	BOXLIGHT CORP	$2.81M	667,393	0.00%	100.00%	Net Selling
MITQ	MOVING IMAGE TECHNOLOGIES INC	$6.04M	9,941,072	0.01%	74.49%

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: B, Safety: C, Financials: C, and AI: B.

Hewlett Packard Enterprise Co (NYSE:HPE) has a Due Diligence Score of 54, which is 21 points higher than the communication equipment industry average of 33.

HPE passed 20 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 132.01% over the past year, overperforming other communication equipment stocks by 94 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $69.18, an upside of 22.05% from Hewlett Packard Enterprise Co's current stock price of $56.68.

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, 5.88% have issued a Buy, 35.29% 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: A.

Digi International (NASDAQ:DGII) has a Due Diligence Score of 40, which is 7 points higher than the communication equipment industry average of 33.

DGII passed 14 out of 33 due diligence checks and has average fundamentals. Digi International has seen its stock return 95.24% over the past year, overperforming other communication equipment stocks by 57 percentage points.

Digi International has an average 1 year price target of $82.33, an upside of 17.4% from Digi International's current stock price of $70.13.

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: B, 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 45.4% over the past year, overperforming other communication equipment stocks by 7 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 153.61%, which is 138 percentage points higher than the communication equipment industry average of 15.76%.

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 5.82%, which is -10 percentage points lower than the communication equipment industry average of 15.76%. 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 4.01%, which is -12 percentage points lower than the communication equipment industry average of 15.76%. 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 2.61% in the last day, and down -0.49% over the last week. Lumentum Holdings was the among the top gainers in the communication equipment industry, gaining 9.59% yesterday.

Shares of fiber optic connectivity companies are trading higher. Ciena announced three-year targets to 2029 of sales CAGR of approximately 30%, adjusted gross margin of approximately 50%; adjusted operating margin of 32% to 35% and free cash flow margins of approximately 20%.

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 36 points higher than the communication equipment industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Belden's stock has dropped -13.08% in the past year. It has underperformed other stocks in the communication equipment industry by -51 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 36 points higher than the communication equipment industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Audiocodes's stock has dropped -1.96% in the past year. It has underperformed other stocks in the communication equipment industry by -40 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 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 26.01% in the past year. It has underperformed other stocks in the communication equipment industry by -12 percentage points.

Are communication equipment stocks a good buy now?

54.55% of communication equipment stocks rated by analysts are a strong buy right now. On average, analysts expect communication equipment stocks to rise by 29.33% over the next year.

16.28% of communication equipment stocks have a Zen Rating of A (Strong Buy), 20.93% of communication equipment stocks are rated B (Buy), 39.53% are rated C (Hold), 13.95% are rated D (Sell), and 9.3% 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 21.76x.

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.