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

Ticker	Company	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	$214.01B	$134.30B	$47.31B	$21.40B	$5.15	3.67%	1.67%	12.69%	11.34%	2022-07-22
ZM	ZOOM VIDEO COMMUNICATIONS INC	$36.59B	$4.22B	$1.09B	$1.26B	$4.24	28.60%	N/A	39.47%	N/A
IDCC	INTERDIGITAL INC	$1.96B	$444.36M	$188.65M	$67.72M	$2.20	21.70%	-7.40%	34.97%	-24.80%	2022-08-03
VOD	VODAFONE GROUP PUBLIC LTD CO	$45.13B	$47.98B	$4.16B	$2.76B	$0.76	-2.82%	-0.44%	1,657.78%	N/A
VEON	VEON LTD	$834.45M	$7.79B	$3.50B	$674.00M	$0.39	6.82%	-2.60%	N/A	-21.76%
ASTS	AST SPACEMOBILE INC	$1.22B	$13.84M	-$25.22M	-$29.69M	-$0.58	125.17%	N/A	N/A	N/A
TEO	TELECOM ARGENTINA SA	$1.20B	$3.86B	$1.34B	$78.70M	$0.18	-22.64%	1.84%	N/A	-41.10%
TEF	TELEFONICA S A	$30.01B	$44.63B	$13.12B	$9.25B	$1.52	-15.04%	-4.01%	458.46%	31.12%
CCOI	COGENT COMMUNICATIONS HOLDINGS INC	$2.97B	$592.20M	$223.53M	$30.47M	$0.65	3.18%	5.37%	85.71%	13.84%	2022-08-03
TLK	PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK	$27.33B	$9.97B	$2.71B	$1.73B	$1.75	3.45%	3.17%	16.45%	4.00%
SHEN	SHENANDOAH TELECOMMUNICATIONS CO	$1.29B	$249.96M	$1.00B	$946.71M	$18.93	9.95%	-15.97%	477.13%	N/A	2022-07-27
PHI	PLDT INC	$6.67B	$3.76B	$1.73B	$512.98M	$2.37	0.29%	2.55%	2.01%	5.05%
CABO	CABLE ONE INC	$7.59B	$1.69B	$942.63M	$394.72M	$65.58	25.72%	15.47%	28.61%	28.86%	2022-08-08
RCI	ROGERS COMMUNICATIONS INC	$24.46B	$11.73B	$4.50B	$1.26B	$2.51	4.03%	2.51%	-1.57%	13.46%	2022-07-19
SKM	SK TELECOM CO LTD	$45.94B	$12.93B	$2.22B	$1.63B	$1.94	-5.76%	-3.02%	52.63%	-12.66%
VIV	TELEFONICA BRASIL SA	$14.99B	$8.37B	$3.89B	$1.19B	$0.71	-4.68%	-9.55%	19.35%	-0.91%
TKC	TURKCELL ILETISIM HIZMETLERI A S	$2.38B	$2.46B	$1.25B	$343.89M	$0.39	-31.33%	-7.93%	-34.05%	-2.33%
TIGO	MILLICOM INTERNATIONAL CELLULAR SA	$1.57B	$4.94B	$2.56B	$543.00M	$5.66	20.92%	N/A	N/A	N/A	2022-07-28
TU	TELUS CORP	$30.71B	$13.68B	$4.40B	$1.38B	$0.98	9.15%	7.57%	33.69%	4.53%	2022-07-28
TIMB	TIM SA	$5.80B	$3.78B	$2.21B	$618.66M	$1.28	-2.37%	-7.53%	49.79%	18.13%
TDS	TELEPHONE & DATA SYSTEMS INC	$1.85B	$5.33B	$1.31B	$104.00M	$0.92	0.85%	0.72%	-50.54%	6.87%	2022-08-03
RADI	RADIUS GLOBAL INFRASTRUCTURE INC	$1.62B	$112.04M	$59.06M	-$61.75M	-$0.80	46.76%	N/A	N/A	N/A	2022-08-09
GOGO	GOGO INC	$1.85B	$354.60M	$61.51M	$182.62M	$1.78	30.05%	-10.58%	N/A	N/A	2022-08-03
IDT	IDT CORP	$658.65M	$1.43B	$52.28M	$48.51M	$1.88	0.57%	-0.68%	-38.96%	7.99%
BCE	BCE INC	$44.67B	$18.43B	$7.77B	$2.30B	$2.53	1.17%	2.77%	17.18%	1.14%	2022-08-03
SJR	SHAW COMMUNICATIONS INC	$14.80B	$4.36B	$1.01B	$792.06M	$1.58	-0.13%	3.83%	37.00%	-1.71%	2022-06-28
LUMN	LUMEN TECHNOLOGIES INC	$11.64B	$19.33B	$8.03B	$2.16B	$2.07	-5.75%	2.27%	N/A	15.21%	2022-08-01
SPOK	SPOK HOLDINGS INC	$138.25M	$139.94M	-$25.59M	-$27.10M	-$1.40	-4.77%	-4.44%	N/A	N/A	2022-07-26
SIFY	SIFY TECHNOLOGIES LTD	$381.93M	$347.82M	$80.36M	$16.19M	$0.09	7.04%	4.56%	-22.41%	5.46%	2022-07-28
AMOV	AMERICA MOVIL SAB DE CV	$69.47B	$41.00	$20.55B	$9.43B	$0.02	-100.00%	-98.46%	300.00%	88.82%
T	AT&T INC	$150.27B	$163.03B	$51.46B	$17.14B	$2.39	-5.72%	0.05%	N/A	3.12%	2022-07-21
CHT	CHUNGHWA TELECOM CO LTD	$33.91B	$7.18B	$2.83B	$1.22B	$1.57	0.30%	-0.36%	4.75%	0.20%
SBET	SHARPLINK GAMING LTD	$22.14M	$4.15M	-$55.37M	-$55.64M	-$3.94	82.18%	-11.28%	N/A	N/A
CXDO	CREXENDO INC	$70.63M	$31.74M	-$1.26M	-$2.95M	-$0.14	86.43%	28.00%	N/A	N/A
LILA	LIBERTY LATIN AMERICA LTD	$1.76B	$4.86B	$1.20B	-$444.30M	-$1.89	21.48%	N/A	N/A	N/A	2022-08-02
ATEX	ANTERIX INC	$779.13M	$1.08M	-$35.09M	-$37.52M	-$2.07	17.70%	-25.70%	N/A	N/A	2022-08-09
OOMA	OOMA INC	$295.00M	$197.06M	$5.75M	-$1.63M	-$0.06	13.11%	12.85%	N/A	N/A	2022-08-08
KT	KT CORP	$6.79B	$20.61B	$1.99B	$1.11B	$2.36	-5.70%	1.98%	84.23%	13.92%
UCL	UCLOUDLINK GROUP INC	$30.71M	$32.50M	-$36.16M	-$38.60M	-$1.30	-11.29%	N/A	N/A	N/A	2022-08-23
IRDM	IRIDIUM COMMUNICATIONS INC	$4.78B	$636.18M	$360.44M	-$1.31M	-$0.01	8.81%	7.96%	N/A	N/A	2022-07-18
RDCM	RADCOM LTD	$166.96M	$41.77M	N/A	-$4.11M	-$0.29	8.84%	6.14%	N/A	N/A	2022-08-10
KLR	KALEYRA INC	$107.38M	$308.51M	-$12.62M	-$36.81M	-$0.90	101.05%	N/A	N/A	N/A	2022-08-08
FNGR	FINGERMOTION INC	$77.00M	$22.93M	-$4.72M	-$4.94M	-$0.12	37.43%	220.56%	N/A	N/A
COMS	COMSOVEREIGN HOLDING CORP	$11.75M	$11.73M	-$29.34M	-$49.63M	-$0.80	35.57%	53.98%	N/A	N/A	2022-08-15
PTNR	PARTNER COMMUNICATIONS CO LTD	$1.32B	$1.03B	$278.79M	$45.15M	$0.25	9.53%	2.64%	1,104.76%	7.17%
TMUS	T-MOBILE US INC	$171.84B	$80.48B	$22.17B	$2.80B	$2.24	4.46%	15.93%	-3.45%	2.50%	2022-07-27
ATNI	ATN INTERNATIONAL INC	$744.88M	$650.22M	$102.36M	-$25.76M	-$1.82	38.62%	5.59%	N/A	N/A	2022-07-26
ORAN	ORANGE	$31.35B	$46.73B	$11.72B	$256.04M	$0.00	-6.26%	2.43%	-100.00%	-100.00%
STRY	STARRY GROUP HOLDINGS INC	$806.67M	$29.63M	-$167.84M	-$238.91M	-$2.51	N/A	N/A	N/A	N/A
ATUS	ALTICE USA INC	$4.31B	$10.03B	$4.22B	$912.73M	$2.00	1.12%	5.46%	50.38%	N/A	2022-07-26
ANTE	AIRNET TECHNOLOGY INC	$26.67M	$11.68M	-$11.41M	-$17.34M	-$1.00	-50.17%	-6.70%	N/A	N/A
USM	UNITED STATES CELLULAR CORP	$2.55B	$4.11B	$1.02B	$145.00M	$1.68	0.32%	0.76%	-33.60%	17.19%	2022-08-03
RBBN	RIBBON COMMUNICATIONS INC	$426.39M	$825.38M	-$139.15M	-$202.47M	-$1.36	-6.06%	27.31%	N/A	N/A	2022-07-26
VG	VONAGE HOLDINGS CORP	$4.54B	$1.43B	$74.41M	-$41.24M	-$0.17	11.81%	8.10%	N/A	N/A	2022-08-03
QTEK	QUALTEK SERVICES INC	$76.15M	$760.40M	$26.92M	-$115.40M	-$51.46	-1.96%	N/A	N/A	N/A
CNSL	CONSOLIDATED COMMUNICATIONS HOLDINGS INC	$865.47M	$1.26B	$294.26M	-$172.93M	-$1.67	-3.48%	11.67%	N/A	N/A	2022-07-27
GSAT	GLOBALSTAR INC	$2.36B	$130.14M	$40.35M	-$96.75M	-$0.05	5.61%	5.48%	N/A	N/A	2022-08-03
FYBR	FRONTIER COMMUNICATIONS PARENT INC	$5.91B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	2022-08-03
VATE	INNOVATE CORP	$162.36M	$1.45B	-$154.10M	-$255.50M	-$3.30	105.98%	-2.21%	N/A	N/A	2022-08-04
MIMO	AIRSPAN NETWORKS HOLDINGS INC	$215.56M	$168.91M	-$68.28M	-$86.72M	-$16.64	-11.71%	N/A	N/A	N/A	2022-08-17
IHS	IHS HOLDING LTD	$3.61B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Telecom Stocks FAQ

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

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

1. VERIZON COMMUNICATIONS (NYSE:VZ)

VERIZON COMMUNICATIONS (NYSE:VZ) is the top telecom stock with a Zen Score of 59, which is 29 points higher than the telecom industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. VERIZON COMMUNICATIONS has seen its stock lose -9.6% over the past year, overperforming other telecom stocks by 21 percentage points.

VERIZON COMMUNICATIONS has an average 1 year price target of $55.20, an upside of 8.32% from VERIZON COMMUNICATIONS's current stock price of $50.96.

VERIZON COMMUNICATIONS stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering VERIZON COMMUNICATIONS, 0% have issued a Strong Buy rating, 8.33% have issued a Buy, 83.33% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.

2. Zoom (NASDAQ:ZM)

Zoom (NASDAQ:ZM) is the second best telecom stock with a Zen Score of 59, which is 29 points higher than the telecom industry average of 30. It passed 20 out of 33 due diligence checks and has strong fundamentals. Zoom has seen its stock lose -67.16% over the past year, underperforming other telecom stocks by -36 percentage points.

Zoom has an average 1 year price target of $175.47, an upside of 43.08% from Zoom's current stock price of $122.64.

Zoom stock has a consensus Buy recommendation according to Wall Street analysts. Of the 20 analysts covering Zoom, 35% have issued a Strong Buy rating, 5% have issued a Buy, 55% have issued a hold, while 5% have issued a Sell rating, and 0% have issued a Strong Sell.

3. INTERDIGITAL (NASDAQ:IDCC)

INTERDIGITAL (NASDAQ:IDCC) is the third best telecom stock with a Zen Score of 55, which is 25 points higher than the telecom industry average of 30. It passed 20 out of 38 due diligence checks and has strong fundamentals. INTERDIGITAL has seen its stock lose -15.31% over the past year, overperforming other telecom stocks by 16 percentage points.

INTERDIGITAL has an average 1 year price target of $104.00, an upside of 63.6% from INTERDIGITAL's current stock price of $63.57.

INTERDIGITAL stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering INTERDIGITAL, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% 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. SPOK HOLDINGS (NASDAQ:SPOK)

SPOK HOLDINGS (NASDAQ:SPOK) has an annual dividend yield of 12.46%, which is 8 percentage points higher than the telecom industry average of 4.63%. 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 -49.1% indicates that its high 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 8.87%, which is 4 percentage points higher than the telecom industry average of 4.63%. 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 48.3% indicates that its high dividend yield is sustainable for the long-term.

3. TELECOM ARGENTINA SA (NYSE:TEO)

TELECOM ARGENTINA SA (NYSE:TEO) has an annual dividend yield of 8.79%, which is 4 percentage points higher than the telecom industry average of 4.63%. 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 high dividend yield might not be sustainable for the long-term.

Why are telecom stocks up?

Telecom stocks were up 2.09% in the last day, and up 4.9% over the last week.

We couldn't find a catalyst for why telecom stocks are up.

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 67 points higher than the telecom industry average of 33. It passed 7 out of 7 valuation due diligence checks.

MILLICOM INTERNATIONAL CELLULAR SA's stock has dropped -62.29% in the past year. It has underperformed other stocks in the telecom industry by -31 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 67 points higher than the telecom industry average of 33. It passed 7 out of 7 valuation due diligence checks.

VEON's stock has dropped -72.7% in the past year. It has underperformed other stocks in the telecom industry by -42 percentage points.

3. VODAFONE GROUP PUBLIC (NASDAQ:VOD)

VODAFONE GROUP PUBLIC (NASDAQ:VOD) is the third most undervalued telecom stock based on WallStreetZen's Valuation Score. VODAFONE GROUP PUBLIC has a valuation score of 71, which is 38 points higher than the telecom industry average of 33. It passed 5 out of 7 valuation due diligence checks.

VODAFONE GROUP PUBLIC's stock has dropped -11.82% in the past year. It has overperformed other stocks in the telecom industry by 19 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 42.38% 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 57.34x.

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.