WallStreetZenWallStreetZen

Best Telecom Stocks to Buy Now (2022)
Top telecom stocks in 2022 ranked by overall Zen Score. See the best telecom stocks to buy now, according to analyst forecasts for the telecom services industry.

Industry: Telecom Services
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
VZ
VERIZON COMMUNICATIONS INC
NYSE
Telecom Services
$165.97B$39.52-1.03%$46.62B7.92x3.29
VOD
VODAFONE GROUP PUBLIC LTD CO
NASDAQ
Telecom Services
$34.49B$11.97-3.23%$4.16B15.79x1.77
ZM
ZOOM VIDEO COMMUNICATIONS INC
NASDAQ
Telecom Services
$22.16B$74.45-0.12%$865.36M22.42x0.34
IDCC
INTERDIGITAL INC
NASDAQ
Telecom Services
$1.26B$42.54-0.98%$217.18M14.98x1.37
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
NASDAQ
Telecom Services
$893.37M$17.84-2.73%$942.59M1.00x0.39
TLK
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
NYSE
Telecom Services
$28.44B$28.71-2.01%$2.71B16.43x1.08
VEON
VEON LTD
NASDAQ
Telecom Services
$650.68M$0.370.54%$3.64B1.43x27.29
TEF
TELEFONICA S A
NYSE
Telecom Services
$20.82B$3.49-2.24%$13.12B2.30x4.91
ASTS
AST SPACEMOBILE INC
NASDAQ
Telecom Services
$1.30B$7.11-9.31%-$7.68M-28.44x0.82
TKC
TURKCELL ILETISIM HIZMETLERI A S
NYSE
Telecom Services
$2.59B$2.94-1.34%$1.25B7.48x2.13
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$2.50B$52.15-1.10%$224.47M55.48x-3.31
CABO
CABLE ONE INC
NYSE
Telecom Services
$5.51B$937.17-2.63%$943.75M15.73x2.62
TIGO
MILLICOM INTERNATIONAL CELLULAR SA
NASDAQ
Telecom Services
$2.06B$11.97-3.55%$2.91B1.54x2.98
TU
TELUS CORP
NYSE
Telecom Services
$28.62B$20.89-2.20%$4.49B20.11x2.05
VIV
TELEFONICA BRASIL SA
NYSE
Telecom Services
$13.42B$8.00-2.91%$3.89B11.35x0.65
PHI
PLDT INC
NYSE
Telecom Services
$5.76B$26.64-3.79%$1.73B11.25x4.05
TEO
TELECOM ARGENTINA SA
NYSE
Telecom Services
$1.08B$4.10-6.82%$1.34B22.40x0.98
TDS
TELEPHONE & DATA SYSTEMS INC
NYSE
Telecom Services
$1.67B$14.67-3.30%$1.30B16.48x1.26
SIFY
SIFY TECHNOLOGIES LTD
NASDAQ
Telecom Services
$339.90M$1.86-4.37%$80.36M20.90x2.25
TIMB
TIM SA
NYSE
Telecom Services
$5.57B$11.50-3.93%$2.21B9.01x0.98
LUMN
LUMEN TECHNOLOGIES INC
NYSE
Telecom Services
$8.42B$8.13-2.28%$7.55B4.19x3.72
COMS
COMSOVEREIGN HOLDING CORP
NASDAQ
Telecom Services
$8.39M$0.090.00%-$134.48M-0.04x0.84
PTNR
PARTNER COMMUNICATIONS CO LTD
NASDAQ
Telecom Services
$1.36B$7.361.45%$302.16M23.35x1.67
GOGO
GOGO INC
NASDAQ
Telecom Services
$1.54B$11.93-2.45%$146.59M4.61x-5.97
IDT
IDT CORP
NYSE
Telecom Services
$623.49M$23.76-0.83%$52.28M12.64x2.00
CXDO
CREXENDO INC
NASDAQ
Telecom Services
$53.05M$2.35-6.75%-$622.00k-18.08x0.15
AMOV
AMERICA MOVIL SAB DE CV
NYSE
Telecom Services
$58.89B$17.31-3.27%$20.55B721.25x3.17
T
AT&T INC
NYSE
Telecom Services
$114.09B$16.01-1.42%$52.23B5.82x2.47
SPOK
SPOK HOLDINGS INC
NASDAQ
Telecom Services
$142.98M$7.260.83%-$23.05M-5.76x0.47
SBET
SHARPLINK GAMING LTD
NASDAQ
Telecom Services
$21.76M$0.97-3.18%-$55.37M-0.25x0.45
BCE
BCE INC
NYSE
Telecom Services
$41.25B$45.24-2.14%$7.66B18.59x1.89
SJR
SHAW COMMUNICATIONS INC
NYSE
Telecom Services
$12.31B$24.67-1.56%$995.35M18.83x1.50
IRDM
IRIDIUM COMMUNICATIONS INC
NASDAQ
Telecom Services
$5.51B$43.41-2.71%$369.55MN/A1.61
ATEX
ANTERIX INC
NASDAQ
Telecom Services
$687.11M$36.27-1.06%-$36.15M-17.27x0.52
CHT
CHUNGHWA TELECOM CO LTD
NYSE
Telecom Services
$27.97B$36.05-2.01%$2.82B22.96x0.42
KT
KT CORP
NYSE
Telecom Services
$5.99B$12.70-0.63%$1.99B5.39x1.38
RADI
RADIUS GLOBAL INFRASTRUCTURE INC
NASDAQ
Telecom Services
$1.25B$11.54-4.71%$117.23M-23.08x2.46
SKM
SK TELECOM CO LTD
NYSE
Telecom Services
$40.05B$20.410.84%$1.54B45.46x1.63
RBBN
RIBBON COMMUNICATIONS INC
NASDAQ
Telecom Services
$368.61M$2.45-8.58%-$188.89M-1.42x1.73
UCL
UCLOUDLINK GROUP INC
NASDAQ
Telecom Services
$17.44M$0.603.79%-$34.32M-0.50x5.05
RCI
ROGERS COMMUNICATIONS INC
NYSE
Telecom Services
$20.55B$40.70-1.79%$4.57B15.70x4.06
RDCM
RADCOM LTD
NASDAQ
Telecom Services
$167.38M$11.25-0.18%N/A-37.50x0.30
FYBR
FRONTIER COMMUNICATIONS PARENT INC
NASDAQ
Telecom Services
$5.53B$22.57-0.18%$2.17B11.52x2.76
ATNI
ATN INTERNATIONAL INC
NASDAQ
Telecom Services
$633.37M$40.18-3.09%$114.20M-19.50x1.41
KLR
KALEYRA INC
NYSEMKT
Telecom Services
$60.75M$1.37-2.14%-$10.76M-1.21x3.06
OOMA
OOMA INC
NYSE
Telecom Services
$298.89M$12.30-0.81%$4.74M-410.00x1.11
TMUS
T-MOBILE US INC
NASDAQ
Telecom Services
$165.95B$132.33-2.01%$20.17B96.59x1.99
LILA
LIBERTY LATIN AMERICA LTD
NASDAQ
Telecom Services
$1.39B$6.290.80%$691.80M-1.57x6.88
ORAN
ORANGE
NYSE
Telecom Services
$24.91B$9.37-2.80%$11.72BN/A2.25
FNGR
FINGERMOTION INC
NASDAQ
Telecom Services
$28.25M$0.666.45%-$5.33M-5.08x1.44
ANTE
AIRNET TECHNOLOGY INC
NASDAQ
Telecom Services
$13.55M$0.76-0.13%-$11.41M-0.76x4.29
CNSL
CONSOLIDATED COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$571.21M$4.95-2.75%$322.40M-4.67x6.69
ATUS
ALTICE USA INC
NYSE
Telecom Services
$3.08B$6.78-5.31%$4.09B3.77x-76.97
USM
UNITED STATES CELLULAR CORP
NYSE
Telecom Services
$2.24B$26.17-3.07%$1.00B17.10x1.38
IHS
IHS HOLDING LTD
NYSE
Telecom Services
$1.98B$5.96-2.93%$472.12M-7.27x3.53
QTEK
QUALTEK SERVICES INC
NASDAQ
Telecom Services
$68.49M$1.34-2.90%$12.77M-0.03x-26.82
STRY
STARRY GROUP HOLDINGS INC
NYSE
Telecom Services
$311.92M$1.871.08%-$185.48M-0.69x48.01
GSAT
GLOBALSTAR INC
NYSEMKT
Telecom Services
$2.88B$1.60-4.19%$31.50M-32.00x1.87
MIMO
AIRSPAN NETWORKS HOLDINGS INC
NYSEMKT
Telecom Services
$188.07M$2.60-8.77%-$77.31M-1.88x-3.90
VATE
INNOVATE CORP
NYSE
Telecom Services
$68.24M$0.87-11.68%-$140.60M-0.27x-10.17

Telecom Stocks FAQ

What are the best telecom stocks to buy right now in Sep 2022?

According to Zen Score, the 3 best telecommunication stocks to buy right now are:

1. Verizon (NYSE:VZ)


Verizon (NYSE:VZ) is the top telecom stock with a Zen Score of 50, which is 20 points higher than the telecom industry average of 30. It passed 17 out of 38 due diligence checks and has strong fundamentals. Verizon has seen its stock lose -27.38% over the past year, overperforming other telecom stocks by 16 percentage points.

Verizon has an average 1 year price target of $53.44, an upside of 35.22% from Verizon's current stock price of $39.52.

Verizon stock has a consensus Hold recommendation according to Wall Street analysts. Of the 19 analysts covering Verizon, 0% have issued a Strong Buy rating, 15.79% have issued a Buy, 73.68% have issued a hold, while 5.26% have issued a Sell rating, and 5.26% have issued a Strong Sell.

2. Vodafone Group Public Co (NASDAQ:VOD)


Vodafone Group Public Co (NASDAQ:VOD) is the second best telecom stock with a Zen Score of 49, which is 19 points higher than the telecom industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Vodafone Group Public Co has seen its stock lose -25.19% over the past year, overperforming other telecom stocks by 18 percentage points.

Vodafone Group Public Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Vodafone Group Public Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Zoom (NASDAQ:ZM)


Zoom (NASDAQ:ZM) is the third best telecom stock with a Zen Score of 49, which is 19 points higher than the telecom industry average of 30. It passed 16 out of 33 due diligence checks and has strong fundamentals. Zoom has seen its stock lose -73.04% over the past year, underperforming other telecom stocks by -30 percentage points.

Zoom has an average 1 year price target of $119.55, an upside of 60.57% from Zoom's current stock price of $74.45.

Zoom stock has a consensus Hold recommendation according to Wall Street analysts. Of the 25 analysts covering Zoom, 24% have issued a Strong Buy rating, 8% have issued a Buy, 56% have issued a hold, while 4% have issued a Sell rating, and 8% have issued a Strong Sell.

What are the telecom stocks with highest dividends?

Out of 26 telecom stocks that have issued dividends in the past year, the 3 telecom stocks with the highest dividend yields are:

1. Telecom Argentina Sa (NYSE:TEO)


Telecom Argentina Sa (NYSE:TEO) has an annual dividend yield of N/A, which is N/A percentage points lower than the telecom industry average of 5.62%. Telecom Argentina Sa's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Telecom Argentina Sa's dividend has not shown consistent growth over the last 10 years.

Telecom Argentina Sa's dividend payout ratio of 220.7% indicates that its dividend yield might not be sustainable for the long-term.

2. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 14.63%, which is 9 percentage points higher than the telecom industry average of 5.62%. Spok Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Spok Holdings's dividend has shown consistent growth over the last 10 years.

Spok Holdings's dividend payout ratio of -69.4% indicates that its high dividend yield might not be sustainable for the long-term.

3. Lumen Technologies (NYSE:LUMN)


Lumen Technologies (NYSE:LUMN) has an annual dividend yield of 12.3%, which is 7 percentage points higher than the telecom industry average of 5.62%. Lumen Technologies's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Lumen Technologies's dividend has not shown consistent growth over the last 10 years.

Lumen Technologies's dividend payout ratio of 51.5% indicates that its high dividend yield is sustainable for the long-term.

Why are telecom stocks down?

Telecom stocks were down -2.26% in the last day, and down -6.84% over the last week. Innovate was the among the top losers in the telecom services industry, dropping -11.68% yesterday.

Shares of several companies in the broader industrial sector are trading lower following Wednesday'd Fed decision. Continued interest rate hikes could drive a slowdown in economic and industrial activity.

What are the most undervalued telecom stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued telecom stocks right now are:

1. Millicom International Cellular Sa (NASDAQ:TIGO)


Millicom International Cellular Sa (NASDAQ:TIGO) is the most undervalued telecom stock based on WallStreetZen's Valuation Score. Millicom International Cellular Sa has a valuation score of 100, which is 63 points higher than the telecom industry average of 37. It passed 7 out of 7 valuation due diligence checks.

Millicom International Cellular Sa's stock has dropped -67.21% in the past year. It has underperformed other stocks in the telecom industry by -24 percentage points.

2. Veon (NASDAQ:VEON)


Veon (NASDAQ:VEON) is the second most undervalued telecom stock based on WallStreetZen's Valuation Score. Veon has a valuation score of 100, which is 63 points higher than the telecom industry average of 37. It passed 7 out of 7 valuation due diligence checks.

Veon's stock has dropped -82.7% in the past year. It has underperformed other stocks in the telecom industry by -39 percentage points.

3. Vodafone Group Public Co (NASDAQ:VOD)


Vodafone Group Public Co (NASDAQ:VOD) is the third most undervalued telecom stock based on WallStreetZen's Valuation Score. Vodafone Group Public Co has a valuation score of 86, which is 49 points higher than the telecom industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Vodafone Group Public Co's stock has dropped -25.19% in the past year. It has overperformed other stocks in the telecom industry by 18 percentage points.

Are telecom stocks a good buy now?

42.31% of telecom stocks rated by analysts are a strong buy right now. On average, analysts expect telecom stocks to rise by 62.08% over the next year.

What is the average p/e ratio of the telecom services industry?

The average P/E ratio of the telecom services industry is 74.6x.
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.