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

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
VZ	VERIZON COMMUNICATIONS INC	$165.97B	$39.52	$53.44	35.22%	Hold	19	1.48%	2.99%	27.20%	6.32%
VOD	VODAFONE GROUP PUBLIC LTD CO	$34.49B	$11.97	N/A	N/A	Hold	2	0.42%	21.36%	67.58%	24.01%
ZM	ZOOM VIDEO COMMUNICATIONS INC	$22.16B	$74.45	$119.55	60.57%	Hold	25	7.49%	-19.03%	8.50%	6.32%
IDCC	INTERDIGITAL INC	$1.26B	$42.54	$60.00	41.04%	Sell	1	-5.79%	8.45%	N/A	N/A
SHEN	SHENANDOAH TELECOMMUNICATIONS CO	$893.37M	$17.84	$18.50	3.70%	Hold	3	6.69%	-70.53%	8.41%	6.07%
TLK	PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK	$28.44B	$28.71	$35.80	24.70%	Buy	2	N/A	5.32%	2,399.43%	1,056.80%
VEON	VEON LTD	$650.68M	$0.37	N/A	N/A	Strong Buy	1	16.70%	111.54%	183.50%	6.13%
TEF	TELEFONICA S A	$20.82B	$3.49	N/A	N/A	Sell	2	-2.15%	-40.59%	6.62%	1.35%
ASTS	AST SPACEMOBILE INC	$1.30B	$7.11	$30.00	321.94%	Strong Buy	1	199.11%	N/A	102.78%	24.25%
TKC	TURKCELL ILETISIM HIZMETLERI A S	$2.59B	$2.94	$2.80	-4.76%	Hold	1	N/A	29.77%	98.43%	31.42%
CCOI	COGENT COMMUNICATIONS HOLDINGS INC	$2.50B	$52.15	$74.33	42.54%	Hold	4	4.01%	13.72%	-15.05%	6.53%
CABO	CABLE ONE INC	$5.51B	$937.17	$1.65k	75.53%	Buy	5	0.77%	2.02%	21.49%	5.94%
TIGO	MILLICOM INTERNATIONAL CELLULAR SA	$2.06B	$11.97	$27.20	127.23%	Buy	5	N/A	N/A	N/A	N/A
TU	TELUS CORP	$28.62B	$20.89	$26.00	24.46%	Hold	2	4.97%	4.45%	13.50%	4.34%
VIV	TELEFONICA BRASIL SA	$13.42B	$8.00	$10.67	33.34%	Buy	3	4.76%	-10.94%	8.82%	5.34%
PHI	PLDT INC	$5.76B	$26.64	$41.30	55.03%	Strong Buy	1	N/A	2.15%	24.33%	4.79%
TEO	TELECOM ARGENTINA SA	$1.08B	$4.10	$4.00	-2.44%	Strong Sell	2	6.61%	64.84%	10.94%	5.49%
TDS	TELEPHONE & DATA SYSTEMS INC	$1.67B	$14.67	$22.00	49.97%	Buy	2	1.02%	-23.68%	1.34%	0.56%
SIFY	SIFY TECHNOLOGIES LTD	$339.90M	$1.86	N/A	N/A	N/A	N/A	27.92%	11.17%	10.79%	3.32%
TIMB	TIM SA	$5.57B	$11.50	$17.00	47.83%	Strong Buy	1	7.34%	-25.77%	41.94%	N/A
LUMN	LUMEN TECHNOLOGIES INC	$8.42B	$8.13	$10.50	29.15%	Sell	2	-6.59%	-22.20%	10.93%	2.32%
COMS	COMSOVEREIGN HOLDING CORP	$8.39M	$0.09	$2.10	2,313.79%	Strong Buy	1	25.08%	N/A	-54.08%	-29.41%
PTNR	PARTNER COMMUNICATIONS CO LTD	$1.36B	$7.36	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
GOGO	GOGO INC	$1.54B	$11.93	$15.00	25.73%	Sell	2	11.04%	-28.97%	-101.62%	20.45%
IDT	IDT CORP	$623.49M	$23.76	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CXDO	CREXENDO INC	$53.05M	$2.35	$5.50	134.04%	Strong Buy	2	1.55%	N/A	3.77%	3.27%
AMOV	AMERICA MOVIL SAB DE CV	$58.89B	$17.31	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
T	AT&T INC	$114.09B	$16.01	$22.85	42.70%	Buy	14	-6.55%	-3.08%	15.07%	4.16%
SPOK	SPOK HOLDINGS INC	$142.98M	$7.26	$14.00	92.84%	Strong Buy	1	N/A	N/A	N/A	N/A
SBET	SHARPLINK GAMING LTD	$21.76M	$0.97	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BCE	BCE INC	$41.25B	$45.24	$50.00	10.52%	Hold	2	2.20%	6.26%	14.25%	4.91%
SJR	SHAW COMMUNICATIONS INC	$12.31B	$24.67	$38.00	54.03%	Hold	1	0.62%	N/A	12.57%	5.02%
IRDM	IRIDIUM COMMUNICATIONS INC	$5.51B	$43.41	$53.67	23.63%	Strong Buy	3	6.31%	N/A	3.44%	1.32%
ATEX	ANTERIX INC	$687.11M	$36.27	$63.00	73.70%	Hold	1	266.10%	N/A	0.11%	0.07%
CHT	CHUNGHWA TELECOM CO LTD	$27.97B	$36.05	N/A	N/A	Strong Buy	1	N/A	N/A	N/A	N/A
KT	KT CORP	$5.99B	$12.70	$18.70	47.24%	Strong Buy	3	N/A	-6.58%	4.39%	1.77%
RADI	RADIUS GLOBAL INFRASTRUCTURE INC	$1.25B	$11.54	$21.67	87.76%	Strong Buy	3	21.79%	N/A	5.22%	1.48%
SKM	SK TELECOM CO LTD	$40.05B	$20.41	$34.50	69.03%	Strong Buy	1	N/A	365.48%	6.35%	2.35%
RBBN	RIBBON COMMUNICATIONS INC	$368.61M	$2.45	$5.17	110.86%	Strong Buy	3	3.27%	N/A	7.33%	2.69%
UCL	UCLOUDLINK GROUP INC	$17.44M	$0.60	N/A	N/A	N/A	N/A	70.75%	N/A	N/A	N/A
RCI	ROGERS COMMUNICATIONS INC	$20.55B	$40.70	N/A	N/A	Strong Buy	1	5.61%	13.44%	22.63%	4.47%
RDCM	RADCOM LTD	$167.38M	$11.25	N/A	N/A	Strong Buy	1	6.17%	N/A	-6.76%	-5.19%
FYBR	FRONTIER COMMUNICATIONS PARENT INC	$5.53B	$22.57	$37.75	67.26%	Strong Buy	8	-1.02%	-41.42%	3.06%	0.82%
ATNI	ATN INTERNATIONAL INC	$633.37M	$40.18	$49.00	21.95%	Buy	1	4.65%	N/A	1.17%	0.43%
KLR	KALEYRA INC	$60.75M	$1.37	N/A	N/A	Hold	1	N/A	N/A	N/A	N/A
OOMA	OOMA INC	$298.89M	$12.30	$22.00	78.86%	Strong Buy	3	8.45%	N/A	4.58%	2.17%
TMUS	T-MOBILE US INC	$165.95B	$132.33	$162.20	22.57%	Strong Buy	10	2.82%	88.51%	18.44%	6.17%
LILA	LIBERTY LATIN AMERICA LTD	$1.39B	$6.29	$10.50	66.93%	Hold	1	2.76%	N/A	14.25%	1.73%
ORAN	ORANGE	$24.91B	$9.37	N/A	N/A	Strong Sell	1	-1.18%	N/A	11.07%	3.31%
FNGR	FINGERMOTION INC	$28.25M	$0.66	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ANTE	AIRNET TECHNOLOGY INC	$13.55M	$0.76	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CNSL	CONSOLIDATED COMMUNICATIONS HOLDINGS INC	$571.21M	$4.95	$6.00	21.21%	Sell	2	N/A	N/A	N/A	N/A
ATUS	ALTICE USA INC	$3.08B	$6.78	$14.92	120.10%	Hold	14	-1.03%	-5.69%	-239.59%	3.16%
USM	UNITED STATES CELLULAR CORP	$2.24B	$26.17	$36.33	38.83%	Strong Buy	3	0.31%	-11.93%	2.67%	1.12%
IHS	IHS HOLDING LTD	$1.98B	$5.96	$20.00	235.57%	Strong Buy	7	9.75%	N/A	17.74%	3.78%
QTEK	QUALTEK SERVICES INC	$68.49M	$1.34	$10.00	646.27%	Strong Buy	2	10.59%	N/A	-128.45%	5.22%
STRY	STARRY GROUP HOLDINGS INC	$311.92M	$1.87	$8.50	354.55%	Buy	4	58.63%	N/A	-1,414.28%	-27.88%
GSAT	GLOBALSTAR INC	$2.88B	$1.60	$1.90	18.75%	Hold	2	-10.94%	N/A	-30.08%	-10.49%
MIMO	AIRSPAN NETWORKS HOLDINGS INC	$188.07M	$2.60	$4.88	87.50%	Buy	2	7.07%	N/A	N/A	-24.24%
VATE	INNOVATE CORP	$68.24M	$0.87	$5.00	474.71%	Strong Buy	1	N/A	N/A	N/A	N/A

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.