Sectors & Industries Communication ServicesTelecom Services
Best Telecom Stocks to Buy Now (2024)
Top telecom stocks in 2024 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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
IDCC	INTERDIGITAL INC	United States	$3.28B	25,129,764	92.45%	7.55%	Net Selling	Net Selling
CMCSA	COMCAST CORP	United States	$153.82B	3,872,501,623	83.79%	1.44%	Net Selling	Net Selling
LBRDA	LIBERTY BROADBAND CORP	United States	$8.38B	142,847,969	91.42%	6.92%	Net Selling
SHEN	SHENANDOAH TELECOMMUNICATIONS CO	United States	$761.83M	54,572,498	65.16%	26.19%	Net Buying	Net Buying
TLK	PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK	Indonesia	$19.57B	99,062,216,599	0.04%	0.00%
PHI	PLDT INC	Philippines	$5.66B	216,055,775	3.03%	0.00%
UCL	UCLOUDLINK GROUP INC	China	$45.43M	375,490,106	0.04%	0.01%
VOD	VODAFONE GROUP PUBLIC LTD CO	United Kingdom	$28.82B	28,818,683,808	0.71%	0.00%
RDCM	RADCOM LTD	Israel	$148.26M	15,427,514	41.50%	0.00%
VZ	VERIZON COMMUNICATIONS INC	United States	$179.87B	4,209,519,996	62.67%	0.23%	Net Selling
ORAN	ORANGE	France	$31.68B	2,657,627,456	1.10%	0.00%
CABO	CABLE ONE INC	United States	$1.89B	5,619,085	87.32%	12.68%	Net Selling	Net Selling
CCOI	COGENT COMMUNICATIONS HOLDINGS INC	United States	$3.49B	49,004,160	18.06%	81.94%	Net Selling	Net Selling
CXDO	CREXENDO INC	United States	$119.15M	26,714,907	16.88%	55.78%	Net Buying	Net Selling
TIMB	TIM SA	Brazil	$7.87B	2,420,804,398	0.84%	0.00%
T	AT&T INC	United States	$154.16B	7,170,243,877	59.58%	0.30%	Net Selling	Net Buying
TKC	TURKCELL ILETISIM HIZMETLERI A S	Turkey	$6.16B	2,200,000,000	1.27%	0.00%
TIGO	MILLICOM INTERNATIONAL CELLULAR SA	Luxembourg	$4.57B	172,096,305	5.07%	0.00%
TMUS	T-MOBILE US INC	United States	$227.87B	1,166,784,033	16.04%	83.96%	Net Selling	Net Selling
CHTR	CHARTER COMMUNICATIONS INC	United States	$46.37B	142,741,187	59.48%	40.52%	Net Selling	Net Selling
GOGO	GOGO INC	United States	$981.34M	126,952,348	33.04%	66.96%	Net Buying
SIFY	SIFY TECHNOLOGIES LTD	India	$77.00M	183,332,460	1.00%	0.00%
IRDM	IRIDIUM COMMUNICATIONS INC	United States	$3.12B	118,382,660	78.67%	21.33%	Net Selling	Net Selling
IDT	IDT CORP	United States	$941.85M	25,338,975	36.93%	63.07%	Net Selling	Net Buying
KT	KT CORP	Republic Of Korea	$7.60B	246,413,422	29.38%	0.00%
TU	TELUS CORP	Canada	$25.22B	1,482,000,000	50.37%	0.00%
RCI	ROGERS COMMUNICATIONS INC	Canada	$21.72B	532,816,000	45.04%	0.00%
VIV	TELEFONICA BRASIL SA	Brazil	$16.06B	1,652,588,360	4.84%	0.00%
GSAT	GLOBALSTAR INC	United States	$2.39B	1,900,000,000	13.37%	86.63%	Net Buying	Net Buying
SKM	SK TELECOM CO LTD	Republic Of Korea	$9.00B	212,880,865	10.18%	0.00%
CHT	CHUNGHWA TELECOM CO LTD	Taiwan	$30.06B	7,757,446,545	0.21%	0.00%
BCE	BCE INC	Canada	$32.92B	912,300,000	39.89%	0.00%
FNGR	FINGERMOTION INC	United States	$106.48M	52,712,850	2.97%	30.16%	Net Buying
ATNI	ATN INTERNATIONAL INC	United States	$411.56M	15,114,216	53.78%	46.22%	Net Buying	Net Buying
AMX	AMERICA MOVIL SAB DE CV	Mexico	$50.96B	62,450,000,000	0.31%	0.00%
ATEX	ANTERIX INC	United States	$680.94M	18,594,802	34.21%	65.79%	Net Buying	Net Selling
OOMA	OOMA INC	United States	$286.76M	26,800,000	72.40%	24.98%	Net Buying	Net Buying
TEF	TELEFONICA S A	Spain	$26.80B	5,750,458,145	1.24%	0.00%
USM	UNITED STATES CELLULAR CORP	United States	$4.65B	86,000,000	18.03%	0.81%	Net Selling	Net Selling
KORE	KORE GROUP HOLDINGS INC	United States	$39.62M	18,092,784	23.08%	76.92%	Net Selling
RBBN	RIBBON COMMUNICATIONS INC	United States	$499.15M	174,526,596	26.67%	73.33%	Net Selling	Net Selling
LBTYA	LIBERTY GLOBAL LTD	United Kingdom	$7.29B	365,444,861	82.79%	14.34%	Net Selling	Net Selling
LILA	LIBERTY LATIN AMERICA LTD	United States	$1.81B	196,300,000	67.69%	20.72%	Net Buying	Net Buying
TDS	TELEPHONE & DATA SYSTEMS INC	United States	$2.55B	113,000,000	81.50%	15.08%	Net Selling
TEO	TELECOM ARGENTINA SA	Argentina	$3.38B	2,153,688,011	0.37%	0.00%
TV	GRUPO TELEVISA SAB	Mexico	$1.21B	323,976,506,295	0.07%	0.00%
FYBR	FRONTIER COMMUNICATIONS PARENT INC	United States	$8.91B	248,980,000	83.82%	16.18%	Net Buying	Net Selling
WOW	WIDEOPENWEST INC	United States	$470.02M	84,689,135	46.42%	53.58%	Net Selling	Net Selling
IHS	IHS HOLDING LTD	United Kingdom	$1.01B	332,868,000	14.18%	0.00%
LUMN	LUMEN TECHNOLOGIES INC	United States	$5.78B	1,016,810,054	64.65%	14.32%	Net Buying	Net Selling
CNSL	CONSOLIDATED COMMUNICATIONS HOLDINGS INC	United States	$541.44M	118,477,091	64.67%	35.33%	Net Selling
VEON	VEON LTD	Netherlands	$2.05B	1,766,318,855	0.90%	0.00%
ATUS	ALTICE USA INC	United States	$944.20M	460,583,380	27.74%	72.26%	Net Buying	Net Selling

Telecom Stocks FAQ

What are the best telecom stocks to buy right now in Sep 2024?

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

1. Interdigital (NASDAQ:IDCC)

Interdigital (NASDAQ:IDCC) is the top telecom stock with a Zen Score of 58, which is 31 points higher than the telecom industry average of 27. It passed 22 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 60.85% over the past year, overperforming other telecom stocks by 73 percentage points.

Interdigital has an average 1 year price target of $100.00, a downside of -23.32% from Interdigital's current stock price of $130.42.

Interdigital stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Interdigital, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Comcast (NASDAQ:CMCSA)

Comcast (NASDAQ:CMCSA) is the second best telecom stock with a Zen Score of 53, which is 26 points higher than the telecom industry average of 27. It passed 19 out of 38 due diligence checks and has strong fundamentals. Comcast has seen its stock lose -12.24% over the past year.

Comcast has an average 1 year price target of $46.75, an upside of 17.7% from Comcast's current stock price of $39.72.

Comcast stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Comcast, 36.36% have issued a Strong Buy rating, 18.18% have issued a Buy, 45.45% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Liberty Broadband (NASDAQ:LBRDA)

Liberty Broadband (NASDAQ:LBRDA) is the third best telecom stock with a Zen Score of 48, which is 21 points higher than the telecom industry average of 27. It passed 16 out of 33 due diligence checks and has strong fundamentals. Liberty Broadband has seen its stock lose -35.97% over the past year, underperforming other telecom stocks by -24 percentage points.

Liberty Broadband has an average 1 year price target of $81.00, an upside of 38.13% from Liberty Broadband's current stock price of $58.64.

Liberty Broadband stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Liberty Broadband, 50% have issued a Strong Buy rating, 50% 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 23 telecom stocks that have issued dividends in the past year, the 3 telecom stocks with the highest dividend yields are:

1. Telefonica Brasil Sa (NYSE:VIV)

Telefonica Brasil Sa (NYSE:VIV) has an annual dividend yield of N/A, which is N/A percentage points lower than the telecom industry average of 4.3%. Telefonica Brasil Sa's dividend payout is not stable, having dropped more than 10% twenty-five times in the last 10 years. Telefonica Brasil Sa's dividend has not shown consistent growth over the last 10 years.

Telefonica Brasil Sa's dividend payout ratio of 53% indicates that its dividend yield is sustainable for the long-term.

2. Vodafone Group Public Co (NASDAQ:VOD)

Vodafone Group Public Co (NASDAQ:VOD) has an annual dividend yield of 9.68%, which is 5 percentage points higher than the telecom industry average of 4.3%. Vodafone Group Public Co's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Vodafone Group Public Co's dividend has not shown consistent growth over the last 10 years.

Vodafone Group Public Co's dividend payout ratio of 213.8% indicates that its high dividend yield might not be sustainable for the long-term.

3. Bce (NYSE:BCE)

Bce (NYSE:BCE) has an annual dividend yield of 9.48%, which is 5 percentage points higher than the telecom industry average of 4.3%. Bce's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Bce's dividend has shown consistent growth over the last 10 years.

Bce's dividend payout ratio of 221.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are telecom stocks down?

Telecom stocks were down -0.7% in the last day, and down -2.06% over the last week.

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

What are the most undervalued telecom stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued telecom stocks right now are:

1. Liberty Broadband (NASDAQ:LBRDA)

Liberty Broadband (NASDAQ:LBRDA) is the most undervalued telecom stock based on WallStreetZen's Valuation Score. Liberty Broadband has a valuation score of 71, which is 48 points higher than the telecom industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Liberty Broadband's stock has dropped -35.97% in the past year. It has underperformed other stocks in the telecom industry by -24 percentage points.

2. Kt (NYSE:KT)

Kt (NYSE:KT) is the second most undervalued telecom stock based on WallStreetZen's Valuation Score. Kt has a valuation score of 71, which is 48 points higher than the telecom industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Kt's stock has gained 30.43% in the past year. It has overperformed other stocks in the telecom industry by 42 percentage points.

3. Shenandoah Telecommunications Co (NASDAQ:SHEN)

Shenandoah Telecommunications Co (NASDAQ:SHEN) is the third most undervalued telecom stock based on WallStreetZen's Valuation Score. Shenandoah Telecommunications Co has a valuation score of 71, which is 48 points higher than the telecom industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Shenandoah Telecommunications Co's stock has dropped -33.11% in the past year. It has underperformed other stocks in the telecom industry by -21 percentage points.

Are telecom stocks a good buy now?

42.86% of telecom stocks rated by analysts are a strong buy right now. On average, analysts expect telecom stocks to rise by 24.5% 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 14.86x.

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.