WallStreetZenWallStreetZen

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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
ZM
ZOOM VIDEO COMMUNICATIONS INC
United States
$31.42B298,377,87751.15%3.07%Net SellingNet Selling
VZ
VERIZON COMMUNICATIONS INC
United States
$187.64B4,199,714,67661.65%0.21%Net SellingNet Selling
TKC
TURKCELL ILETISIM HIZMETLERI A S
Turkey
$2.10B2,200,000,0001.34%0.00%
VOD
VODAFONE GROUP PUBLIC LTD CO
United Kingdom
$42.71B28,817,627,8680.84%0.00%
IDCC
INTERDIGITAL INC
United States
$1.62B29,657,24484.05%6.67%Net SellingNet Selling
VEON
VEON LTD
Netherlands
$815.09M1,749,127,40415.49%0.00%
TEO
TELECOM ARGENTINA SA
Argentina
$1.18B1,312,021,3530.70%0.00%
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
United States
$1.18B50,076,66653.59%10.01%Net BuyingNet Buying
TLK
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
Indonesia
$30.74B99,062,216,5990.04%0.00%
TEF
TELEFONICA S A
Spain
$26.49B5,965,468,5511.15%0.00%
ASTS
AST SPACEMOBILE INC
United States
$1.51B181,662,9736.39%66.13%Net Buying
CABO
CABLE ONE INC
United States
$7.75B5,879,34285.82%14.18%Net BuyingNet Buying
TIGO
MILLICOM INTERNATIONAL CELLULAR SA
Luxembourg
$2.60B172,096,0002.91%0.00%
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
United States
$2.81B48,014,39216.45%83.55%Net SellingNet Selling
TIMB
TIM SA
Brazil
$6.03B2,420,804,3980.89%0.00%
VIV
TELEFONICA BRASIL SA
Brazil
$15.19B1,676,938,2717.15%0.00%
GOGO
GOGO INC
United States
$2.08B128,688,37233.97%66.03%Net BuyingNet Selling
SIFY
SIFY TECHNOLOGIES LTD
India
$411.17M182,742,3691.61%0.00%
PHI
PLDT INC
Philippines
$6.75B216,055,7752.82%0.00%
LUMN
LUMEN TECHNOLOGIES INC
United States
$11.25B1,035,339,41576.76%12.08%Net Selling
TU
TELUS CORP
Canada
$31.08B1,370,214,88248.19%0.00%
IDT
IDT CORP
United States
$669.93M26,240,98821.68%78.32%Net Buying
CHT
CHUNGHWA TELECOM CO LTD
Taiwan
$31.73B7,757,446,5450.23%0.00%
CXDO
CREXENDO INC
United States
$61.77M22,421,7074.82%95.18%Net BuyingNet Buying
SPOK
SPOK HOLDINGS INC
United States
$139.04M19,693,65729.82%70.18%Net Buying
TDS
TELEPHONE & DATA SYSTEMS INC
United States
$1.95B113,892,90084.33%14.38%Net SellingNet Selling
T
AT&T INC
United States
$128.98B7,126,000,00052.11%0.26%Net SellingNet Buying
FYBR
FRONTIER COMMUNICATIONS PARENT INC
United States
$6.41B244,985,00093.02%0.00%Net SellingNet Selling
SBET
SHARPLINK GAMING LTD
United States
$22.00M22,360,9872.41%0.00%
ATEX
ANTERIX INC
United States
$877.13M18,944,39148.63%51.37%Net SellingNet Selling
IRDM
IRIDIUM COMMUNICATIONS INC
United States
$5.71B126,973,83380.11%19.89%Net SellingNet Selling
BCE
BCE INC
Canada
$45.30B911,900,00043.93%0.00%
KT
KT CORP
Republic Of Korea
$6.82B235,808,14644.29%0.00%
RADI
RADIUS GLOBAL INFRASTRUCTURE INC
United States
$1.58B108,072,65765.48%34.52%Net Buying
OOMA
OOMA INC
United States
$306.91M24,300,00078.94%20.86%Net SellingNet Selling
UCL
UCLOUDLINK GROUP INC
China
$23.25M287,048,3800.02%0.01%
RBBN
RIBBON COMMUNICATIONS INC
United States
$482.96M150,454,15122.90%77.10%Net SellingNet Selling
RCI
ROGERS COMMUNICATIONS INC
Canada
$22.73B504,925,31842.37%0.00%
RDCM
RADCOM LTD
Israel
$177.31M14,775,55421.51%0.00%
SKM
SK TELECOM CO LTD
Republic Of Korea
$43.81B217,582,1529.36%0.00%
SJR
SHAW COMMUNICATIONS INC
Canada
$13.36B499,104,09454.46%0.00%
PTNR
PARTNER COMMUNICATIONS CO LTD
Israel
$1.48B184,124,0132.04%0.00%
AMOV
AMERICA MOVIL SAB DE CV
Mexico
$63.14B567,000,00033.24%0.00%
TMUS
T-MOBILE US INC
United States
$182.56B1,254,041,23617.03%82.97%Net SellingNet Selling
LILA
LIBERTY LATIN AMERICA LTD
United States
$1.64B221,477,38675.06%18.39%Net SellingNet Buying
KLR
KALEYRA INC
Italy
$97.11M44,344,36432.91%67.09%Net SellingNet Selling
ATNI
ATN INTERNATIONAL INC
United States
$770.51M15,763,34155.44%44.56%Net SellingNet Buying
COMS
COMSOVEREIGN HOLDING CORP
United States
$11.51M79,934,4569.26%20.25%Net Buying
STRY
STARRY GROUP HOLDINGS INC
United States
$713.53M166,323,10943.15%17.20%Net SellingNet Selling
FNGR
FINGERMOTION INC
United States
$45.38M42,807,2600.22%2.81%Net Buying
ORAN
ORANGE
France
$27.39B2,658,791,5000.98%0.00%
ANTE
AIRNET TECHNOLOGY INC
China
$21.48M178,993,4490.26%0.00%
QTEK
QUALTEK SERVICES INC
United States
$74.62M51,109,8595.22%36.32%Net BuyingNet Buying
USM
UNITED STATES CELLULAR CORP
United States
$2.70B85,564,60015.93%0.52%Net SellingNet Selling
ATUS
ALTICE USA INC
United States
$4.91B454,668,22228.17%71.83%Net Buying
CNSL
CONSOLIDATED COMMUNICATIONS HOLDINGS INC
United States
$787.00M115,395,66864.55%35.45%Net Selling
GSAT
GLOBALSTAR INC
United States
$2.81B1,800,000,00012.03%87.97%Net Buying
MIMO
AIRSPAN NETWORKS HOLDINGS INC
United States
$224.24M72,335,95259.26%40.74%Net BuyingNet Buying
IHS
IHS HOLDING LTD
United Kingdom
$2.63B328,551,0005.22%0.00%
VATE
INNOVATE CORP
United States
$124.72M78,440,28724.59%75.41%Net BuyingNet Selling

Telecom Stocks FAQ

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

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

1. Zoom (NASDAQ:ZM)


Zoom (NASDAQ:ZM) is the top telecom stock with a Zen Score of 63, which is 33 points higher than the telecom industry average of 30. It passed 21 out of 33 due diligence checks and has strong fundamentals. Zoom has seen its stock lose -72.53% over the past year, underperforming other telecom stocks by -41 percentage points.

Zoom has an average 1 year price target of $171.91, an upside of 63.27% from Zoom's current stock price of $105.29.

Zoom stock has a consensus Buy recommendation according to Wall Street analysts. Of the 22 analysts covering Zoom, 36.36% have issued a Strong Buy rating, 4.55% have issued a Buy, 54.55% have issued a hold, while 4.55% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Verizon Communications (NYSE:VZ)


Verizon Communications (NYSE:VZ) is the second best telecom stock with a Zen Score of 55, which is 25 points higher than the telecom industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Verizon Communications has seen its stock lose -18.94% over the past year, overperforming other telecom stocks by 13 percentage points.

Verizon Communications has an average 1 year price target of $54.44, an upside of 21.84% from Verizon Communications's current stock price of $44.68.

Verizon Communications stock has a consensus Hold recommendation according to Wall Street analysts. Of the 19 analysts covering Verizon Communications, 0% have issued a Strong Buy rating, 15.79% have issued a Buy, 78.95% have issued a hold, while 0% have issued a Sell rating, and 5.26% have issued a Strong Sell.

3. Vodafone Group Public Co (NASDAQ:VOD)


Vodafone Group Public Co (NASDAQ:VOD) 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 18 out of 38 due diligence checks and has strong fundamentals. Vodafone Group Public Co has seen its stock lose -11.89% over the past year, overperforming other telecom stocks by 20 percentage points.

Vodafone Group Public Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst 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.

What are the telecom stocks with highest dividends?

Out of 25 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 12.39%, which is 7 percentage points higher than the telecom industry average of 5.04%. 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.

2. Lumen Technologies (NYSE:LUMN)


Lumen Technologies (NYSE:LUMN) has an annual dividend yield of 9.2%, which is 4 percentage points higher than the telecom industry average of 5.04%. 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. Telecom Argentina Sa (NYSE:TEO)


Telecom Argentina Sa (NYSE:TEO) has an annual dividend yield of 8.92%, which is 4 percentage points higher than the telecom industry average of 5.04%. 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 down?

Telecom stocks were down -1.06% in the last day, and down -2.65% over the last week. Zoom was the among the top losers in the telecom services industry, dropping -8.24% yesterday.

Shares of tech and software companies are trading higher as stocks gain following July CPI data, which showed lighter-than-expected inflation. This has possibly decreased expectations for aggressive Fed policy, which has helped renew risk appetite.

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 64 points higher than the telecom industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Millicom International Cellular Sa's stock has dropped -60.9% in the past year. It has underperformed other stocks in the telecom industry by -29 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 64 points higher than the telecom industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Veon's stock has dropped -73.37% in the past year. It has underperformed other stocks in the telecom industry by -42 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 50 points higher than the telecom industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Vodafone Group Public Co's stock has dropped -11.89% in the past year. It has overperformed other stocks in the telecom industry by 20 percentage points.

Are telecom stocks a good buy now?

45.1% of telecom stocks rated by analysts are a strong buy right now. On average, analysts expect telecom stocks to rise by 35.26% 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 76.22x.
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.