Sectors & Industries Communication ServicesTelecom Services
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

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
VZ	VERIZON COMMUNICATIONS INC	NYSE	Telecom Services	$165.97B	$39.52	-1.03%	$46.62B	7.92x	3.29
VOD	VODAFONE GROUP PUBLIC LTD CO	NASDAQ	Telecom Services	$34.49B	$11.97	-3.23%	$4.16B	15.79x	1.77
ZM	ZOOM VIDEO COMMUNICATIONS INC	NASDAQ	Telecom Services	$22.16B	$74.45	-0.12%	$865.36M	22.42x	0.34
IDCC	INTERDIGITAL INC	NASDAQ	Telecom Services	$1.26B	$42.54	-0.98%	$217.18M	14.98x	1.37
SHEN	SHENANDOAH TELECOMMUNICATIONS CO	NASDAQ	Telecom Services	$893.37M	$17.84	-2.73%	$942.59M	1.00x	0.39
TLK	PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK	NYSE	Telecom Services	$28.44B	$28.71	-2.01%	$2.71B	16.43x	1.08
VEON	VEON LTD	NASDAQ	Telecom Services	$650.68M	$0.37	0.54%	$3.64B	1.43x	27.29
TEF	TELEFONICA S A	NYSE	Telecom Services	$20.82B	$3.49	-2.24%	$13.12B	2.30x	4.91
ASTS	AST SPACEMOBILE INC	NASDAQ	Telecom Services	$1.30B	$7.11	-9.31%	-$7.68M	-28.44x	0.82
TKC	TURKCELL ILETISIM HIZMETLERI A S	NYSE	Telecom Services	$2.59B	$2.94	-1.34%	$1.25B	7.48x	2.13
CCOI	COGENT COMMUNICATIONS HOLDINGS INC	NASDAQ	Telecom Services	$2.50B	$52.15	-1.10%	$224.47M	55.48x	-3.31
CABO	CABLE ONE INC	NYSE	Telecom Services	$5.51B	$937.17	-2.63%	$943.75M	15.73x	2.62
TIGO	MILLICOM INTERNATIONAL CELLULAR SA	NASDAQ	Telecom Services	$2.06B	$11.97	-3.55%	$2.91B	1.54x	2.98
TU	TELUS CORP	NYSE	Telecom Services	$28.62B	$20.89	-2.20%	$4.49B	20.11x	2.05
VIV	TELEFONICA BRASIL SA	NYSE	Telecom Services	$13.42B	$8.00	-2.91%	$3.89B	11.35x	0.65
PHI	PLDT INC	NYSE	Telecom Services	$5.76B	$26.64	-3.79%	$1.73B	11.25x	4.05
TEO	TELECOM ARGENTINA SA	NYSE	Telecom Services	$1.08B	$4.10	-6.82%	$1.34B	22.40x	0.98
TDS	TELEPHONE & DATA SYSTEMS INC	NYSE	Telecom Services	$1.67B	$14.67	-3.30%	$1.30B	16.48x	1.26
SIFY	SIFY TECHNOLOGIES LTD	NASDAQ	Telecom Services	$339.90M	$1.86	-4.37%	$80.36M	20.90x	2.25
TIMB	TIM SA	NYSE	Telecom Services	$5.57B	$11.50	-3.93%	$2.21B	9.01x	0.98
LUMN	LUMEN TECHNOLOGIES INC	NYSE	Telecom Services	$8.42B	$8.13	-2.28%	$7.55B	4.19x	3.72
COMS	COMSOVEREIGN HOLDING CORP	NASDAQ	Telecom Services	$8.39M	$0.09	0.00%	-$134.48M	-0.04x	0.84
PTNR	PARTNER COMMUNICATIONS CO LTD	NASDAQ	Telecom Services	$1.36B	$7.36	1.45%	$302.16M	23.35x	1.67
GOGO	GOGO INC	NASDAQ	Telecom Services	$1.54B	$11.93	-2.45%	$146.59M	4.61x	-5.97
IDT	IDT CORP	NYSE	Telecom Services	$623.49M	$23.76	-0.83%	$52.28M	12.64x	2.00
CXDO	CREXENDO INC	NASDAQ	Telecom Services	$53.05M	$2.35	-6.75%	-$622.00k	-18.08x	0.15
AMOV	AMERICA MOVIL SAB DE CV	NYSE	Telecom Services	$58.89B	$17.31	-3.27%	$20.55B	721.25x	3.17
T	AT&T INC	NYSE	Telecom Services	$114.09B	$16.01	-1.42%	$52.23B	5.82x	2.47
SPOK	SPOK HOLDINGS INC	NASDAQ	Telecom Services	$142.98M	$7.26	0.83%	-$23.05M	-5.76x	0.47
SBET	SHARPLINK GAMING LTD	NASDAQ	Telecom Services	$21.76M	$0.97	-3.18%	-$55.37M	-0.25x	0.45
BCE	BCE INC	NYSE	Telecom Services	$41.25B	$45.24	-2.14%	$7.66B	18.59x	1.89
SJR	SHAW COMMUNICATIONS INC	NYSE	Telecom Services	$12.31B	$24.67	-1.56%	$995.35M	18.83x	1.50
IRDM	IRIDIUM COMMUNICATIONS INC	NASDAQ	Telecom Services	$5.51B	$43.41	-2.71%	$369.55M	N/A	1.61
ATEX	ANTERIX INC	NASDAQ	Telecom Services	$687.11M	$36.27	-1.06%	-$36.15M	-17.27x	0.52
CHT	CHUNGHWA TELECOM CO LTD	NYSE	Telecom Services	$27.97B	$36.05	-2.01%	$2.82B	22.96x	0.42
KT	KT CORP	NYSE	Telecom Services	$5.99B	$12.70	-0.63%	$1.99B	5.39x	1.38
RADI	RADIUS GLOBAL INFRASTRUCTURE INC	NASDAQ	Telecom Services	$1.25B	$11.54	-4.71%	$117.23M	-23.08x	2.46
SKM	SK TELECOM CO LTD	NYSE	Telecom Services	$40.05B	$20.41	0.84%	$1.54B	45.46x	1.63
RBBN	RIBBON COMMUNICATIONS INC	NASDAQ	Telecom Services	$368.61M	$2.45	-8.58%	-$188.89M	-1.42x	1.73
UCL	UCLOUDLINK GROUP INC	NASDAQ	Telecom Services	$17.44M	$0.60	3.79%	-$34.32M	-0.50x	5.05
RCI	ROGERS COMMUNICATIONS INC	NYSE	Telecom Services	$20.55B	$40.70	-1.79%	$4.57B	15.70x	4.06
RDCM	RADCOM LTD	NASDAQ	Telecom Services	$167.38M	$11.25	-0.18%	N/A	-37.50x	0.30
FYBR	FRONTIER COMMUNICATIONS PARENT INC	NASDAQ	Telecom Services	$5.53B	$22.57	-0.18%	$2.17B	11.52x	2.76
ATNI	ATN INTERNATIONAL INC	NASDAQ	Telecom Services	$633.37M	$40.18	-3.09%	$114.20M	-19.50x	1.41
KLR	KALEYRA INC	NYSEMKT	Telecom Services	$60.75M	$1.37	-2.14%	-$10.76M	-1.21x	3.06
OOMA	OOMA INC	NYSE	Telecom Services	$298.89M	$12.30	-0.81%	$4.74M	-410.00x	1.11
TMUS	T-MOBILE US INC	NASDAQ	Telecom Services	$165.95B	$132.33	-2.01%	$20.17B	96.59x	1.99
LILA	LIBERTY LATIN AMERICA LTD	NASDAQ	Telecom Services	$1.39B	$6.29	0.80%	$691.80M	-1.57x	6.88
ORAN	ORANGE	NYSE	Telecom Services	$24.91B	$9.37	-2.80%	$11.72B	N/A	2.25
FNGR	FINGERMOTION INC	NASDAQ	Telecom Services	$28.25M	$0.66	6.45%	-$5.33M	-5.08x	1.44
ANTE	AIRNET TECHNOLOGY INC	NASDAQ	Telecom Services	$13.55M	$0.76	-0.13%	-$11.41M	-0.76x	4.29
CNSL	CONSOLIDATED COMMUNICATIONS HOLDINGS INC	NASDAQ	Telecom Services	$571.21M	$4.95	-2.75%	$322.40M	-4.67x	6.69
ATUS	ALTICE USA INC	NYSE	Telecom Services	$3.08B	$6.78	-5.31%	$4.09B	3.77x	-76.97
USM	UNITED STATES CELLULAR CORP	NYSE	Telecom Services	$2.24B	$26.17	-3.07%	$1.00B	17.10x	1.38
IHS	IHS HOLDING LTD	NYSE	Telecom Services	$1.98B	$5.96	-2.93%	$472.12M	-7.27x	3.53
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	$1.87	1.08%	-$185.48M	-0.69x	48.01
GSAT	GLOBALSTAR INC	NYSEMKT	Telecom Services	$2.88B	$1.60	-4.19%	$31.50M	-32.00x	1.87
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.