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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
VZ
VERIZON COMMUNICATIONS INC
$165.47B$134.33B$46.62B$20.80B$4.991.10%1.67%3.31%5.00%2022-10-21
VOD
VODAFONE GROUP PUBLIC LTD CO
$33.69B$47.98B$4.16B$2.76B$0.76-2.82%-0.44%1,657.78%N/A
ZM
ZOOM VIDEO COMMUNICATIONS INC
$23.07B$4.30B$865.36M$990.15M$3.3218.09%N/A-3.77%N/A2022-11-21
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
$829.77M$255.28M$942.59M$890.06M$17.809.24%-16.25%373.40%N/A2022-10-26
IDCC
INTERDIGITAL INC
$1.40B$481.29M$217.18M$87.17M$2.8438.15%-7.55%195.83%-21.45%2022-11-02
VEON
VEON LTD
$612.19M$7.57B$3.64B$439.00M$0.260.34%N/AN/AN/A
TLK
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
$28.80B$9.97B$2.71B$1.73B$1.753.45%3.17%16.45%4.00%
TEF
TELEFONICA S A
$19.75B$44.63B$13.12B$9.25B$1.52-15.04%-4.01%458.46%31.12%
ASTS
AST SPACEMOBILE INC
$1.30B$18.33M-$7.68M-$12.64M-$0.25115.22%N/AN/AN/A2022-11-14
TKC
TURKCELL ILETISIM HIZMETLERI A S
$2.54B$2.46B$1.25B$343.89M$0.39-31.33%-7.93%-34.05%-2.33%
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
$2.56B$592.76M$224.47M$44.13M$0.942.05%4.95%840.00%21.85%2022-11-02
TIGO
MILLICOM INTERNATIONAL CELLULAR SA
$2.06B$5.30B$2.91B$762.00M$7.7828.71%N/AN/AN/A2022-10-27
CABO
CABLE ONE INC
$5.09B$1.72B$943.75M$357.81M$59.5721.14%14.84%2.85%26.04%2022-11-02
TU
TELUS CORP
$28.49B$13.80B$4.49B$1.43B$1.045.81%6.65%37.07%5.37%2022-11-03
TEO
TELECOM ARGENTINA SA
$1.12B$3.86B$1.34B$78.70M$0.18-22.64%1.84%N/A-41.10%
TDS
TELEPHONE & DATA SYSTEMS INC
$1.63B$5.36B$1.30B$102.00M$0.890.66%1.05%-39.46%12.22%2022-11-02
VIV
TELEFONICA BRASIL SA
$13.05B$8.37B$3.89B$1.19B$0.71-4.68%-9.55%19.35%-0.91%
TIMB
TIM SA
$5.62B$3.78B$2.21B$618.66M$1.28-2.37%-7.53%49.79%18.13%
SIFY
SIFY TECHNOLOGIES LTD
$317.06M$347.82M$80.36M$16.19M$0.097.04%4.56%-22.41%5.46%2022-10-27
LUMN
LUMEN TECHNOLOGIES INC
$7.54B$19.02B$7.55B$2.00B$1.94-6.04%2.31%N/A22.97%2022-11-01
PHI
PLDT INC
$5.41B$3.76B$1.73B$512.98M$2.370.29%2.55%2.01%5.05%
COMS
COMSOVEREIGN HOLDING CORP
$5.88M$12.64M-$134.48M-$153.22M-$2.2034.08%53.81%N/AN/A
GOGO
GOGO INC
$1.66B$370.06M$146.59M$273.88M$2.5923.19%-10.53%N/AN/A2022-11-02
PTNR
PARTNER COMMUNICATIONS CO LTD
$1.43B$1.05B$302.16M$57.72M$0.32-2.86%0.87%1,076.00%5.87%
IDT
IDT CORP
$709.82M$1.43B$52.28M$48.51M$1.880.57%-0.68%-38.96%7.99%2022-10-06
CXDO
CREXENDO INC
$56.21M$34.81M-$622.00k-$2.84M-$0.1385.63%29.91%N/AN/A2022-11-07
AMOV
AMERICA MOVIL SAB DE CV
$55.45B$41.00$20.55B$9.43B$0.02-100.00%-98.46%300.00%88.82%
T
AT&T INC
$113.52B$148.63B$52.23B$19.73B$2.75-11.38%-1.70%N/A5.24%2022-10-20
RADI
RADIUS GLOBAL INFRASTRUCTURE INC
$1.06B$119.63M$117.23M-$45.90M-$0.5040.52%N/AN/AN/A2022-11-08
SPOK
SPOK HOLDINGS INC
$152.63M$137.93M-$23.05M-$24.45M-$1.26-6.13%-4.46%N/AN/A2022-11-01
CHT
CHUNGHWA TELECOM CO LTD
$27.21B$7.15B$2.82B$1.22B$1.57-4.98%-0.74%-0.19%-1.25%
SJR
SHAW COMMUNICATIONS INC
$12.46B$4.24B$995.35M$656.59M$1.31-6.47%4.61%-11.53%11.15%2022-10-27
BCE
BCE INC
$40.11B$18.42B$7.66B$2.21B$2.43-1.97%1.58%-6.28%-0.23%2022-11-03
SBET
SHARPLINK GAMING LTD
$19.01M$4.15M-$55.37M-$55.64M-$3.9482.18%-11.28%N/AN/A
IRDM
IRIDIUM COMMUNICATIONS INC
$6.06B$661.18M$369.55M-$588.00k$0.0011.23%8.67%N/A-100.00%2022-10-17
ATEX
ANTERIX INC
$670.06M$1.24M-$36.15M-$38.72M-$2.1046.04%-24.98%N/AN/A2022-11-01
KT
KT CORP
$5.93B$20.61B$1.99B$1.11B$2.36-5.70%1.98%84.23%13.92%
SKM
SK TELECOM CO LTD
$38.34B$11.43B$1.54B$1.12B$0.45-10.39%-4.14%-16.32%-36.29%
UCL
UCLOUDLINK GROUP INC
$18.40M$29.36M-$34.32M-$36.68M-$1.20-17.06%N/AN/AN/A2022-11-28
RBBN
RIBBON COMMUNICATIONS INC
$380.65M$819.97M-$188.89M-$255.89M-$1.72-6.75%27.68%N/AN/A2022-10-25
RCI
ROGERS COMMUNICATIONS INC
$19.78B$11.59B$4.57B$1.30B$2.590.51%1.65%0.89%10.73%2022-10-19
FYBR
FRONTIER COMMUNICATIONS PARENT INC
$5.99B$6.03B$2.17B$481.00M$1.96N/AN/AN/AN/A2022-11-01
RDCM
RADCOM LTD
$165.15M$43.14MN/A-$4.26M-$0.3010.69%5.68%N/AN/A2022-11-09
ATNI
ATN INTERNATIONAL INC
$588.29M$705.85M$114.20M-$28.30M-$2.0645.89%6.36%N/AN/A2022-10-25
TMUS
T-MOBILE US INC
$177.11B$80.23B$20.17B$1.72B$1.371.14%15.30%-54.49%-10.61%2022-10-31
KLR
KALEYRA INC
$43.15M$335.62M-$10.76M-$48.16M-$1.1390.43%N/AN/AN/A2022-11-07
LILA
LIBERTY LATIN AMERICA LTD
$1.54B$4.91B$691.80M-$921.70M-$4.0113.52%N/AN/AN/A2022-10-31
OOMA
OOMA INC
$321.00M$202.65M$4.74M-$853.00k-$0.0312.67%12.93%N/AN/A2022-11-30
ORAN
ORANGE
$24.33B$46.73B$11.72B$256.04M$0.00-6.26%2.43%-100.00%-100.00%
FNGR
FINGERMOTION INC
$379.27M$21.79M-$5.33M-$5.48M-$0.139.27%226.28%N/AN/A
USM
UNITED STATES CELLULAR CORP
$2.23B$4.12B$1.00B$131.00M$1.53-0.36%0.97%-28.50%21.41%2022-11-02
ATUS
ALTICE USA INC
$2.87B$9.98B$4.09B$821.24M$1.800.17%1.66%14.65%N/A2022-11-02
CNSL
CONSOLIDATED COMMUNICATIONS HOLDINGS INC
$533.13M$1.24B$322.40M-$129.09M-$1.06-4.82%11.80%N/AN/A2022-10-26
IHS
IHS HOLDING LTD
$1.92B$1.73B$472.12M-$260.52M-$0.8215.13%N/AN/AN/A
QTEK
QUALTEK SERVICES INC
$132.89M$760.59M$12.77M-$114.83M-$51.78-1.96%N/AN/AN/A
ANTE
AIRNET TECHNOLOGY INC
$12.94M$5.39MN/A-$12.63M-$0.70-73.10%-25.18%N/AN/A
STRY
STARRY GROUP HOLDINGS INC
$215.18M$37.39M-$185.48M-$274.89M-$2.71N/AN/AN/AN/A
GSAT
GLOBALSTAR INC
$3.21B$136.66M$31.50M-$102.06M-$0.0510.98%5.88%N/AN/A2022-11-02
MIMO
AIRSPAN NETWORKS HOLDINGS INC
$157.69M$173.81M-$77.31M-$97.31M-$1.38-15.45%N/AN/AN/A2022-11-08
VATE
INNOVATE CORP
$63.22M$1.59B-$140.60M-$245.40M-$3.17108.69%-0.51%N/AN/A2022-11-02

Telecom Stocks FAQ

What are the best telecom stocks to buy right now in Oct 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 -27.72% over the past year, overperforming other telecom stocks by 16 percentage points.

Verizon has an average 1 year price target of $52.06, an upside of 32.14% from Verizon's current stock price of $39.40.

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 -26.01% over the past year, overperforming other telecom stocks by 17 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 -69.85% over the past year, underperforming other telecom stocks by -27 percentage points.

Zoom has an average 1 year price target of $119.55, an upside of 54.21% from Zoom's current stock price of $77.52.

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 5.69%. 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. Lumen Technologies (NYSE:LUMN)


Lumen Technologies (NYSE:LUMN) has an annual dividend yield of 13.74%, which is 8 percentage points higher than the telecom industry average of 5.69%. 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.

3. Spok Holdings (NASDAQ:SPOK)


Spok Holdings (NASDAQ:SPOK) has an annual dividend yield of 13.71%, which is 8 percentage points higher than the telecom industry average of 5.69%. 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.

Why are telecom stocks down?

Telecom stocks were down -1.96% in the last day, and down -1.32% over the last week. Lumen Technologies was the among the top losers in the telecom services industry, dropping -9.45% yesterday.

Lumen Technologies shares are trading lower after Wells Fargo downgraded the stock from Overweight to Equal-Weight.

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 -67.28% 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 -83.94% in the past year. It has underperformed other stocks in the telecom industry by -41 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 -26.01% in the past year. It has overperformed other stocks in the telecom industry by 17 percentage points.

Are telecom stocks a good buy now?

40.38% of telecom stocks rated by analysts are a strong buy right now. On average, analysts expect telecom stocks to rise by 66.75% 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 71.33x.
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.