Sectors & IndustriesTechnologyCommunication 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
B
Communication Equipment is Zen Rated B and is the 38th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Sentiment
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
HPE
HEWLETT PACKARD ENTERPRISE CO
$73.18B1,327,464,7790.09%0.56%Net BuyingNet Selling
AUDC
AUDIOCODES LTD
$275.42M24,590,8490.04%22.65%Net SellingNet Selling
EXTR
EXTREME NETWORKS INC
$2.84B130,490,6530.10%20.20%Net SellingNet Selling
DGII
DIGI INTERNATIONAL INC
$2.65B37,948,1230.10%5.75%Net Selling
ITRN
ITURAN LOCATION & CONTROL LTD
$982.72M19,773,0000.06%27.96%
BDC
BELDEN INC
$4.02B39,078,1910.11%5.81%Net SellingNet Selling
OCC
OPTICAL CABLE CORP
$114.15M8,842,0240.02%24.14%Net Selling
ZBRA
ZEBRA TECHNOLOGIES CORP
$17.46B47,310,6600.10%12.75%Net SellingNet Selling
CRNT
CERAGON NETWORKS LTD
$186.21M91,280,5120.02%1.09%Net Buying
KN
KNOWLES CORP
$2.86B85,410,3260.10%3.30%Net SellingNet Selling
VIAV
VIAVI SOLUTIONS INC
$8.24B246,749,8280.10%2.38%Net SellingNet Selling
LTRX
LANTRONIX INC
$262.02M46,705,3120.02%99.98%Net SellingNet Selling
HLIT
HARMONIC INC
$1.17B109,066,4450.09%5.80%Net SellingNet Selling
PI
IMPINJ INC
$5.36B30,554,4130.04%99.96%Net SellingNet Selling
CSCO
CISCO SYSTEMS INC
$423.39B3,942,586,8730.08%1.91%Net SellingNet Selling
FEIM
FREQUENCY ELECTRONICS INC
$734.79M11,273,2870.07%63.33%Net SellingNet Selling
AVNW
AVIAT NETWORKS INC
$242.46M12,801,5390.08%35.36%Net SellingNet Selling
ERIC
ERICSSON LM TELEPHONE CO
$35.57B3,371,351,7350.01%0.00%
BKTI
BK TECHNOLOGIES CORP
$245.05M3,769,3890.01%99.99%Net Selling
CIEN
CIENA CORP
$47.18B141,808,5250.09%3.26%Net SellingNet Selling
AIRG
AIRGAIN INC
$53.06M13,100,2340.03%28.49%Net SellingNet Buying
CLFD
CLEARFIELD INC
$400.32M13,583,9550.06%41.06%Net Selling
MSI
MOTOROLA SOLUTIONS INC
$76.65B165,493,7880.09%37.54%Net SellingNet Selling
UI
UBIQUITI INC
$36.37B60,528,3810.00%100.00%Net Selling
LITE
LUMENTUM HOLDINGS INC
$73.92B89,700,0000.09%7.20%Net SellingNet Selling
SILC
SILICOM LTD
$232.03M5,747,6110.04%18.56%Net SellingNet Selling
NOK
NOKIA CORP
$52.48B5,742,239,6960.02%0.00%
ADTN
ADTRAN HOLDINGS INC
$514.15M81,481,4070.10%26.83%Net SellingNet Buying
CRDO
CREDO TECHNOLOGY GROUP HOLDING LTD
$31.90B187,951,9180.07%20.67%Net SellingNet Selling
GILT
GILAT SATELLITE NETWORKS LTD
$602.97M77,007,2030.04%0.06%Net SellingNet Selling
VISN
VISTANCE NETWORKS INC
$1.34B230,626,4120.10%8.63%Net SellingNet Selling
NTGR
NETGEAR INC
$599.30M27,179,0210.10%14.16%Net SellingNet Selling
CMTL
COMTECH TELECOMMUNICATIONS CORP
$41.89M30,137,2660.04%7.93%Net SellingNet Selling
AAOI
APPLIED OPTOELECTRONICS INC
$6.39B84,569,2370.06%9.56%Net SellingNet Selling
VSAT
VIASAT INC
$8.10B137,755,8100.10%61.83%Net SellingNet Selling
AIOT
POWERFLEET INC
$320.80M134,225,9180.09%25.90%Net SellingNet Selling
CLRO
CLEARONE INC
$8.00M2,675,4120.00%100.00%Net Selling
MOB
MOBILICOM LTD
$38.47M12,867,6530.02%6.96%
INSG
INSEEGO CORP
$67.65M16,420,5920.01%99.99%Net Selling
AMPG
AMPLITECH GROUP INC
$71.80M30,043,8870.02%10.79%Net BuyingNet Buying
TSAT
TELESAT CORP
$684.26M15,219,3580.28%0.93%
ASTS
AST SPACEMOBILE INC
$15.82B389,167,4940.04%47.81%Net SellingNet Selling
ONDS
ONDAS INC
$3.45B570,552,3410.05%4.90%Net SellingNet Selling
MITQ
MOVING IMAGE TECHNOLOGIES INC
$5.43M9,952,2230.01%74.78%
BOSC
BOS BETTER ONLINE SOLUTIONS LTD
$29.68M7,050,0000.02%0.61%Net BuyingNet Buying
CHAI
CORE AI HOLDINGS INC
$4.94M24,691,8460.01%6.59%
BOXL
BOXLIGHT CORP
$1.97M667,3930.00%100.00%Net SellingNet Selling
FKWL
FRANKLIN WIRELESS CORP
$26.04M11,784,2800.00%100.00%
SYNX
SILYNXCOM LTD
$5.04M6,634,0000.00%43.88%
FIEE
FIEE INC
$30.28M8,528,5980.00%100.00%Net Buying
SONM
DNA X INC
$4.87M1,488,2680.00%100.00%
NUR
NURAN WIRELESS INC
$9.54M13,084,7160.00%0.00%
UTSI
UTSTARCOM HOLDINGS CORP
$21.62M9,200,0000.00%100.00%Net SellingNet Selling

Communication Equipment Stocks FAQ

What are the best communication equipment stocks to buy right now in Oct 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 57, which is 24 points higher than the communication equipment industry average of 33.

HPE passed 21 out of 38 due diligence checks and has strong fundamentals. Hewlett Packard Enterprise Co has seen its stock return 145.02% over the past year, overperforming other communication equipment stocks by 118 percentage points.

Hewlett Packard Enterprise Co has an average 1 year price target of $70.90, an upside of 28.6% from Hewlett Packard Enterprise Co's current stock price of $55.13.

Hewlett Packard Enterprise Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Hewlett Packard Enterprise Co, 47.37% have issued a Strong Buy rating, 10.53% have issued a Buy, 42.11% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Audiocodes (NASDAQ:AUDC)


Audiocodes (NASDAQ:AUDC) 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 Audiocodes (NASDAQ:AUDC) is: Value: B, Growth: C, Momentum: B, Sentiment: A, Safety: B, Financials: B, and AI: B.

Audiocodes (NASDAQ:AUDC) has a Due Diligence Score of 31, which is -2 points lower than the communication equipment industry average of 33. Although this number is below the industry average, our proven quant model rates AUDC as a "A".

AUDC passed 12 out of 38 due diligence checks and has average fundamentals. Audiocodes has seen its stock return 20.3% over the past year, underperforming other communication equipment stocks by -7 percentage points.

3. Extreme Networks (NASDAQ:EXTR)


Extreme Networks (NASDAQ:EXTR) 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 Extreme Networks (NASDAQ:EXTR) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: B.

Extreme Networks (NASDAQ:EXTR) has a Due Diligence Score of 44, which is 11 points higher than the communication equipment industry average of 33.

EXTR passed 15 out of 33 due diligence checks and has strong fundamentals. Extreme Networks has seen its stock return 4.37% over the past year, underperforming other communication equipment stocks by -23 percentage points.

Extreme Networks has an average 1 year price target of $32.75, an upside of 50.71% from Extreme Networks's current stock price of $21.73.

Extreme Networks stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Extreme Networks, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% 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 86.21%, which is 77 percentage points higher than the communication equipment industry average of 9.63%.

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 6.04%, which is -4 percentage points lower than the communication equipment industry average of 9.63%. 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 3.57%, which is -6 percentage points lower than the communication equipment industry average of 9.63%. 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 down?

Communication equipment stocks were down -3.82% in the last day, and down -14.74% over the last week. Applied Optoelectronics was the among the top losers in the communication equipment industry, dropping -9.75% yesterday.

Shares of fiber-optic connectivity companies are trading lower as elevated Treasury yields and increased Fed rate-hike expectations following this week's latest inflation data weigh on technology stocks. Elevated borrowing costs could pressure AI infrastructure spending plans, raising concerns about future demand for fiber-optic equipment and connectivity solutions.

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 35 points higher than the communication equipment industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Belden's stock has dropped -8.38% in the past year. It has underperformed other stocks in the communication equipment industry by -36 percentage points.

2. Aviat Networks (NASDAQ:AVNW)


Aviat Networks (NASDAQ:AVNW) is the second most undervalued communication equipment stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Aviat Networks has a valuation score of 57, which is 35 points higher than the communication equipment industry average of 22. It passed 4 out of 7 valuation due diligence checks.

Aviat Networks's stock has dropped -20.44% in the past year. It has underperformed other stocks in the communication equipment industry by -48 percentage points.

3. Audiocodes (NASDAQ:AUDC)


Audiocodes (NASDAQ:AUDC) is the third most undervalued communication equipment stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Audiocodes has a valuation score of 29, which is 7 points higher than the communication equipment industry average of 22. It passed 2 out of 7 valuation due diligence checks.

Audiocodes's stock has gained 20.3% in the past year. It has underperformed other stocks in the communication equipment industry by -7 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 34.73% over the next year.

18.6% of communication equipment stocks have a Zen Rating of A (Strong Buy), 25.58% of communication equipment stocks are rated B (Buy), 34.88% are rated C (Hold), 9.3% 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 23.93x.
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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.