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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
VZ	VERIZON COMMUNICATIONS INC	$39.52	$105.97	-62.70%	7.92x	7.61x	1.24x	1.93x	2.65x	$14.71B	8.86%	$86.02B	20.48	$339.68B	7.29
VOD	VODAFONE GROUP PUBLIC LTD CO	$11.97	$31.94	-62.52%	15.79x	10.78x	0.72x	0.60x	0.74x	$12.96B	37.59%	$57.57B	19.98	$100.39B	24.12
ZM	ZOOM VIDEO COMMUNICATIONS INC	$74.45	N/A	N/A	22.42x	56.83x	5.17x	3.70x	N/A	$1.29B	5.82%	$5.99B	20.07	$21.30B	24.61
IDCC	INTERDIGITAL INC	$42.54	$75.22	-43.44%	14.98x	17.87x	2.69x	1.86x	1.97x	$76.56M	5.92%	$678.77M	22.32	$1.03B	4.75
SHEN	SHENANDOAH TELECOMMUNICATIONS CO	$17.84	N/A	N/A	1.00x	594.67x	3.50x	1.39x	N/A	-$534.64M	-59.75%	$643.37M	12.83	$914.91M	0.97
TLK	PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK	$28.71	$39.73	-27.74%	16.43x	15.60x	2.85x	3.36x	3.81x	$2.73B	9.59%	$8.46B	8.54	$30.55B	11.28
VEON	VEON LTD	$0.37	$31.36	-98.81%	1.43x	0.68x	0.09x	1.10x	0.02x	$636.00M	97.85%	$591.00M	0.34	$10.89B	2.99
TEF	TELEFONICA S A	$3.49	N/A	N/A	2.30x	9.43x	0.47x	0.83x	N/A	$4.66B	22.41%	$25.24B	4.23	$68.30B	5.21
ASTS	AST SPACEMOBILE INC	$7.11	N/A	N/A	-28.44x	-14.81x	20.14x	14.33x	N/A	-$200.02M	-54.23%	$90.79M	1.75	$1.11B	-144.70
TKC	TURKCELL ILETISIM HIZMETLERI A S	$2.94	$17.79	-83.47%	7.48x	5.76x	1.05x	1.68x	0.31x	$1.15B	44.56%	$1.54B	1.75	$3.83B	3.06
CCOI	COGENT COMMUNICATIONS HOLDINGS INC	$52.15	$31.44	65.89%	55.48x	65.19x	4.12x	-5.69x	4.04x	$94.55M	3.87%	-$440.18M	-9.40	$3.47B	15.48
CABO	CABLE ONE INC	$937.17	$1.19k	-20.96%	15.73x	14.75x	3.24x	2.89x	8.66x	$276.98M	4.97%	$1.91B	320.44	$9.06B	9.60
TIGO	MILLICOM INTERNATIONAL CELLULAR SA	$11.97	$2.00k	-99.40%	1.54x	N/A	0.39x	0.57x	0.01x	$259.00M	12.57%	$3.58B	20.83	$9.12B	3.14
TU	TELUS CORP	$20.89	$23.27	-10.22%	20.11x	20.28x	2.09x	2.35x	5.02x	-$750.39M	-2.60%	$12.18B	8.82	$45.31B	10.08
VIV	TELEFONICA BRASIL SA	$8.00	N/A	N/A	11.35x	18.60x	1.60x	1.01x	N/A	$1.99B	14.86%	$13.31B	7.94	$15.41B	3.96
PHI	PLDT INC	$26.64	$46.96	-43.27%	11.25x	11.01x	1.53x	2.40x	6.45x	-$168.64M	-2.93%	$2.40B	11.10	$10.63B	6.15
TEO	TELECOM ARGENTINA SA	$4.10	$15.41	-73.40%	22.40x	6.95x	0.28x	0.22x	0.38x	$514.13M	47.78%	$4.92B	18.74	$3.49B	2.61
TDS	TELEPHONE & DATA SYSTEMS INC	$14.67	N/A	N/A	16.48x	35.78x	0.31x	0.28x	N/A	$835.00M	49.50%	$5.94B	51.64	$5.76B	4.42
SIFY	SIFY TECHNOLOGIES LTD	$1.86	$2.61	-28.62%	20.90x	18.60x	0.98x	1.82x	2.08x	-$45.25M	-13.33%	$186.31M	1.02	$505.74M	6.29
TIMB	TIM SA	$11.50	N/A	N/A	9.01x	20.91x	1.47x	1.06x	N/A	N/A	N/A	$5.25B	10.85	$7.17B	3.25
LUMN	LUMEN TECHNOLOGIES INC	$8.13	N/A	N/A	4.19x	4.90x	0.43x	0.69x	N/A	$3.37B	40.87%	$12.22B	12.06	$36.58B	4.84
COMS	COMSOVEREIGN HOLDING CORP	$0.09	N/A	N/A	-0.04x	-0.06x	0.48x	0.17x	N/A	-$42.52M	-700.00%	$48.15M	0.69	$36.40M	-0.27
PTNR	PARTNER COMMUNICATIONS CO LTD	$7.36	$7.15	2.82%	23.35x	N/A	1.29x	2.24x	5.45x	$99.38M	7.34%	$604.32M	3.28	$1.90B	6.30
GOGO	GOGO INC	$11.93	N/A	N/A	4.61x	18.08x	3.97x	-10.54x	N/A	$75.14M	5.11%	-$145.63M	-1.18	$2.15B	14.66
IDT	IDT CORP	$23.76	$45.99	-48.34%	12.64x	N/A	0.43x	3.81x	2.17x	$24.63M	4.00%	$163.64M	6.32	$430.71M	8.24
CXDO	CREXENDO INC	$2.35	N/A	N/A	-18.08x	29.38x	1.52x	0.81x	N/A	-$13.26M	-25.15%	$65.88M	2.93	$50.79M	-81.66
AMOV	AMERICA MOVIL SAB DE CV	$17.31	$2.20	688.31%	721.25x	N/A	N/A	3.08x	11.14x	$5.82B	9.89%	$19.10B	5.61	$89.48B	4.35
T	AT&T INC	$16.01	N/A	N/A	5.82x	6.33x	0.77x	0.97x	N/A	$14.75B	12.85%	$117.75B	16.42	$265.39B	5.08
SPOK	SPOK HOLDINGS INC	$7.26	N/A	N/A	-5.76x	N/A	1.04x	0.92x	N/A	-$10.40M	-7.27%	$156.19M	7.93	$138.26M	-6.00
SBET	SHARPLINK GAMING LTD	$0.97	N/A	N/A	-0.25x	N/A	3.36x	1.53x	N/A	-$6.33M	-45.53%	$14.19M	0.99	$14.14M	-0.26
BCE	BCE INC	$45.24	$59.02	-23.34%	18.59x	17.20x	2.24x	2.27x	3.30x	$2.36B	5.71%	$18.17B	19.92	$64.29B	8.39
SJR	SHAW COMMUNICATIONS INC	$24.67	$35.48	-30.47%	18.83x	20.39x	2.90x	2.52x	2.32x	$887.60M	7.21%	$4.88B	9.78	$16.53B	16.61
IRDM	IRIDIUM COMMUNICATIONS INC	$43.41	N/A	N/A	N/A	482.33x	8.43x	4.67x	N/A	$288.54M	5.18%	$1.18B	9.20	$6.88B	18.61
ATEX	ANTERIX INC	$36.27	N/A	N/A	-17.27x	-14.45x	549.55x	3.94x	N/A	$16.84M	2.49%	$174.55M	9.38	$606.02M	-16.76
CHT	CHUNGHWA TELECOM CO LTD	$36.05	N/A	N/A	22.96x	N/A	3.91x	2.32x	N/A	$1.70B	6.08%	$12.08B	15.57	$27.59B	9.77
KT	KT CORP	$12.70	N/A	N/A	5.39x	5.77x	0.29x	0.49x	N/A	$1.83B	30.55%	$12.25B	25.97	$10.83B	5.43
RADI	RADIUS GLOBAL INFRASTRUCTURE INC	$11.54	N/A	N/A	-23.08x	-50.17x	9.02x	1.83x	N/A	-$551.20M	-51.08%	$682.94M	7.30	$2.27B	19.38
SKM	SK TELECOM CO LTD	$20.41	$159.22	-87.18%	45.46x	9.77x	3.50x	4.88x	0.15x	$1.63B	4.08%	$8.20B	4.18	$47.03B	30.53
RBBN	RIBBON COMMUNICATIONS INC	$2.45	N/A	N/A	-1.42x	27.22x	0.45x	0.82x	N/A	-$26.31M	-7.14%	$451.34M	3.01	$729.80M	-3.86
UCL	UCLOUDLINK GROUP INC	$0.60	N/A	N/A	-0.50x	-1.04x	0.60x	1.81x	N/A	-$11.64M	-65.61%	$9.66M	0.33	$15.21M	-0.44
RCI	ROGERS COMMUNICATIONS INC	$40.70	$81.90	-50.30%	15.70x	14.08x	1.77x	2.47x	1.30x	$1.17B	5.71%	$8.32B	16.48	$37.85B	8.29
RDCM	RADCOM LTD	$11.25	N/A	N/A	-37.50x	-45.00x	3.77x	2.37x	N/A	N/A	N/A	$70.48M	4.87	$153.01M	N/A
FYBR	FRONTIER COMMUNICATIONS PARENT INC	$22.57	N/A	N/A	11.52x	21.91x	0.92x	1.15x	N/A	-$196.00M	-3.55%	$4.80B	19.60	$14.00B	6.46
ATNI	ATN INTERNATIONAL INC	$40.18	N/A	N/A	-19.50x	-200.90x	0.90x	1.07x	N/A	-$35.50M	-5.61%	$591.12M	37.53	$1.06B	9.31
KLR	KALEYRA INC	$1.37	N/A	N/A	-1.21x	N/A	0.18x	0.58x	N/A	-$17.43M	-29.34%	$104.90M	2.42	$207.49M	-19.28
OOMA	OOMA INC	$12.30	N/A	N/A	-410.00x	-76.88x	1.48x	5.13x	N/A	$1.37M	0.46%	$58.30M	2.39	$293.77M	62.04
TMUS	T-MOBILE US INC	$132.33	$162.38	-18.50%	96.59x	58.30x	2.07x	2.37x	1.09x	$1.71B	1.03%	$70.03B	55.85	$270.87B	13.43
LILA	LIBERTY LATIN AMERICA LTD	$6.29	N/A	N/A	-1.57x	12.10x	0.28x	0.77x	N/A	$197.60M	14.18%	$1.82B	8.21	$8.23B	11.89
ORAN	ORANGE	$9.37	N/A	N/A	N/A	8.01x	0.53x	0.70x	N/A	-$6.54B	-26.23%	$35.54B	13.37	$72.65B	6.20
FNGR	FINGERMOTION INC	$0.66	N/A	N/A	-5.08x	N/A	1.29x	7.51x	N/A	-$4.34M	-15.45%	$3.76M	0.09	$28.30M	-5.31
ANTE	AIRNET TECHNOLOGY INC	$0.76	N/A	N/A	-0.76x	N/A	1.14x	0.55x	N/A	-$4.98M	-37.38%	$24.50M	1.40	$27.18M	-2.38
CNSL	CONSOLIDATED COMMUNICATIONS HOLDINGS INC	$4.95	N/A	N/A	-4.67x	N/A	0.46x	1.34x	N/A	-$338.35M	-59.23%	$426.34M	3.70	$2.69B	8.33
ATUS	ALTICE USA INC	$6.78	N/A	N/A	3.77x	4.61x	0.31x	-7.06x	N/A	$1.08B	35.09%	-$436.48M	-0.96	$29.46B	7.20
USM	UNITED STATES CELLULAR CORP	$26.17	N/A	N/A	17.10x	26.17x	0.55x	0.49x	N/A	$286.00M	12.71%	$4.61B	53.58	$6.05B	6.03
IHS	IHS HOLDING LTD	$5.96	N/A	N/A	-7.27x	-35.06x	1.14x	1.45x	N/A	$302.78M	15.32%	$1.36B	4.12	$5.15B	10.91
QTEK	QUALTEK SERVICES INC	$1.34	N/A	N/A	-0.03x	-2.73x	0.04x	-2.42x	N/A	-$19.58M	-65.90%	-$28.25M	-1.27	$626.38M	49.04
STRY	STARRY GROUP HOLDINGS INC	$1.87	N/A	N/A	-0.69x	-1.52x	8.13x	50.86x	N/A	-$200.95M	-66.15%	$6.13M	0.04	$433.77M	-2.34
GSAT	GLOBALSTAR INC	$1.60	N/A	N/A	-32.00x	-26.67x	21.05x	8.75x	N/A	$42.40M	1.50%	$329.33M	0.18	$3.23B	102.42
MIMO	AIRSPAN NETWORKS HOLDINGS INC	$2.60	N/A	N/A	-1.88x	-2.41x	1.08x	-3.52x	N/A	-$89.91M	-47.81%	-$53.47M	-0.74	$286.17M	-3.70
VATE	INNOVATE CORP	$0.87	N/A	N/A	-0.27x	N/A	0.04x	-0.62x	N/A	$8.00M	11.84%	-$110.70M	-1.43	$709.44M	-5.05

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.