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Sectors & IndustriesCommunication Services
Best Communication Service Stocks to Buy Now (2022)
Top communication service stocks in 2022 ranked by overall Zen Score. See the best communication service stocks to buy now, according to analyst forecasts for the communication services sector.

Sector: Communication Services
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
VZ
VERIZON COMMUNICATIONS INC
NYSE
Telecom Services
$205.32B$48.89-0.10%$47.31B9.49x3.35
ZM
ZOOM VIDEO COMMUNICATIONS INC
NASDAQ
Telecom Services
$25.33B$84.69-6.87%$1.17B18.25x0.31
IDCC
INTERDIGITAL INC
NASDAQ
Telecom Services
$1.84B$59.63-2.39%$188.65M27.10x1.11
VOD
VODAFONE GROUP PUBLIC LTD CO
NASDAQ
Telecom Services
$42.48B$14.74-2.96%$3.64B19.24x1.77
TLK
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
NYSE
Telecom Services
$28.10B$28.37-1.83%$2.71B16.24x1.08
TKC
TURKCELL ILETISIM HIZMETLERI A S
NYSE
Telecom Services
$2.64B$3.00-4.46%$1.25B7.63x2.13
VEON
VEON LTD
NASDAQ
Telecom Services
$887.15M$0.510.20%$3.50B1.29x24.60
CABO
CABLE ONE INC
NYSE
Telecom Services
$6.94B$1,158.12-0.59%$942.63M17.66x2.59
ASTS
AST SPACEMOBILE INC
NASDAQ
Telecom Services
$1.32B$7.28-2.28%-$25.22M-12.55x1.08
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$2.68B$55.82-3.48%$223.53M85.88x-3.37
TEF
TELEFONICA S A
NYSE
Telecom Services
$28.43B$4.92-2.57%$13.12B3.14x4.91
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
NASDAQ
Telecom Services
$1.09B$21.701.45%$1.00B1.15x0.37
IDT
IDT CORP
NYSE
Telecom Services
$675.07M$26.06-6.36%$61.91M8.35x2.07
VIV
TELEFONICA BRASIL SA
NYSE
Telecom Services
$16.79B$10.01-0.99%$3.89B14.20x0.65
SKM
SK TELECOM CO LTD
NYSE
Telecom Services
$49.88B$25.47-4.21%$2.59B39.00x1.60
RCI
ROGERS COMMUNICATIONS INC
NYSE
Telecom Services
$25.44B$50.39-1.31%$4.50B20.09x3.95
TEO
TELECOM ARGENTINA SA
NYSE
Telecom Services
$1.39B$5.28-4.00%$1.34B28.85x0.98
TDS
TELEPHONE & DATA SYSTEMS INC
NYSE
Telecom Services
$1.98B$17.32-3.35%$1.31B18.83x1.24
TIGO
MILLICOM INTERNATIONAL CELLULAR SA
NASDAQ
Telecom Services
$2.14B$21.00-10.64%$2.56B3.71x4.70
TU
TELUS CORP
NYSE
Telecom Services
$33.31B$24.31-1.86%$4.40B24.88x2.07
TIMB
TIM SA
NYSE
Telecom Services
$6.60B$13.64-1.52%$2.21B10.69x0.98
LUMN
LUMEN TECHNOLOGIES INC
NYSE
Telecom Services
$11.78B$11.40-4.12%$8.03B5.51x3.73
PHI
PLDT INC
NYSE
Telecom Services
$8.10B$37.490.32%$1.73B15.83x4.05
SIFY
SIFY TECHNOLOGIES LTD
NASDAQ
Telecom Services
$388.50M$2.13-4.91%$80.34M16.02x1.98
BCE
BCE INC
NYSE
Telecom Services
$48.26B$53.03-1.38%$7.77B20.95x1.86
SJR
SHAW COMMUNICATIONS INC
NYSE
Telecom Services
$13.70B$27.45-0.90%$1.01B17.38x1.54
RADI
RADIUS GLOBAL INFRASTRUCTURE INC
NASDAQ
Telecom Services
$1.55B$14.66-4.62%$59.06M-18.33x2.36
GOGO
GOGO INC
NASDAQ
Telecom Services
$1.96B$17.53-4.73%$61.51M9.85x-3.44
SPOK
SPOK HOLDINGS INC
NASDAQ
Telecom Services
$143.96M$7.310.27%-$25.59M-5.22x0.46
UCL
UCLOUDLINK GROUP INC
NASDAQ
Telecom Services
$29.08M$1.011.50%-$43.44M-0.63x2.34
T
AT&T INC
NYSE
Telecom Services
$144.83B$20.23-1.65%$51.46B8.46x2.31
AMOV
AMERICA MOVIL SAB DE CV
NYSE
Telecom Services
$68.72B$20.201.81%$20.55B841.67x3.17
CHT
CHUNGHWA TELECOM CO LTD
NYSE
Telecom Services
$32.35B$41.70-0.83%$2.83B26.63x0.30
KT
KT CORP
NYSE
Telecom Services
$6.60B$14.00-3.11%$1.99B5.94x1.38
ATEX
ANTERIX INC
NASDAQ
Telecom Services
$868.77M$47.28-4.27%-$35.76M-22.73x0.47
CXDO
CREXENDO INC
NASDAQ
Telecom Services
$68.83M$3.072.33%-$1.26M-21.93x0.16
LILA
LIBERTY LATIN AMERICA LTD
NASDAQ
Telecom Services
$2.11B$9.32-1.17%$1.20B-4.93x5.41
OOMA
OOMA INC
NYSE
Telecom Services
$315.90M$13.00-0.23%$5.61M-185.71x1.14
ATNI
ATN INTERNATIONAL INC
NASDAQ
Telecom Services
$672.93M$42.740.97%$102.36M-23.48x1.38
IRDM
IRIDIUM COMMUNICATIONS INC
NASDAQ
Telecom Services
$4.42B$34.53-2.73%$360.44M-3,453.00x1.58
TMUS
T-MOBILE US INC
NASDAQ
Telecom Services
$157.00B$125.24-2.63%$22.17B55.91x2.01
KLR
KALEYRA INC
NYSEMKT
Telecom Services
$144.77M$3.33-9.26%-$12.62M-3.70x2.95
RDCM
RADCOM LTD
NASDAQ
Telecom Services
$161.79M$10.95-1.35%N/A-37.76x0.29
PTNR
PARTNER COMMUNICATIONS CO LTD
NASDAQ
Telecom Services
$1.30B$7.07-3.94%$273.75M35.89x1.90
COMS
COMSOVEREIGN HOLDING CORP
NASDAQ
Telecom Services
$20.78M$0.26-8.45%-$29.34M-0.33x0.32
FNGR
FINGERMOTION INC
NASDAQ
Telecom Services
$70.24M$1.65-5.17%-$5.28M-11.79x0.76
ORAN
ORANGE
NYSE
Telecom Services
$32.28B$12.14-1.70%$11.72BN/A2.25
SBET
SHARPLINK GAMING LTD
NASDAQ
Telecom Services
$19.32M$0.86-1.26%-$55.37M-0.22x0.45
USM
UNITED STATES CELLULAR CORP
NYSE
Telecom Services
$2.52B$29.49-0.84%$1.02B17.55x1.36
MBT
MOBILE TELESYSTEMS PUBLIC JOINT STOCK CO
NYSE
Telecom Services
$3.11B$5.500.00%$2.75BN/A102.52
ATUS
ALTICE USA INC
NYSE
Telecom Services
$4.92B$10.833.14%$4.22B5.42x-58.12
RBBN
RIBBON COMMUNICATIONS INC
NASDAQ
Telecom Services
$438.41M$2.92-7.01%-$139.15M-2.15x1.67
VG
VONAGE HOLDINGS CORP
NASDAQ
Telecom Services
$4.90B$19.102.14%$74.41M-112.35x1.40
CNSL
CONSOLIDATED COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$717.76M$6.22-1.43%$294.26M-3.72x6.66
ANTE
AIRNET TECHNOLOGY INC
NASDAQ
Telecom Services
$21.30M$1.19-4.03%-$11.41M-1.19x4.29
QTEK
QUALTEK SERVICES INC
NASDAQ
Telecom Services
$77.69M$1.52-22.05%$26.92M-0.03x-40.28
GSAT
GLOBALSTAR INC
NYSEMKT
Telecom Services
$2.12B$1.18-4.07%$40.35M-23.60x1.44
STRY
STARRY GROUP HOLDINGS INC
NYSE
Telecom Services
$1.33B$8.02-2.20%-$167.84M-3.20x7.51
FYBR
FRONTIER COMMUNICATIONS PARENT INC
NASDAQ
Telecom Services
$5.51B$22.49-4.74%N/AN/A2.58
VATE
INNOVATE CORP
NYSE
Telecom Services
$188.24M$2.40-0.83%-$154.10M-0.73x-11.63
MIMO
AIRSPAN NETWORKS HOLDINGS INC
NYSEMKT
Telecom Services
$198.92M$2.75-1.08%-$68.28M-0.17x-5.34
IHS
IHS HOLDING LTD
NYSE
Telecom Services
$3.68B$11.211.82%N/AN/A2.24

Communication Service Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
62-1.57%+4.91%-12.81%-29.66%54.30x1.66x+15.04%+4.71%+8.55%+60.74%Buy

Communication Service Stocks FAQ

What are the best communication service stocks to buy right now in May 2022?

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

1. VERIZON COMMUNICATIONS (NYSE:VZ)


VERIZON COMMUNICATIONS (NYSE:VZ) is the top communication service stock with a Zen Score of 61, which is 31 points higher than the communication service sector average of 30. It passed 22 out of 38 due diligence checks and has strong fundamentals. VERIZON COMMUNICATIONS has seen its stock lose -14.5% over the past year, overperforming other communication service stocks by 15 percentage points.

VERIZON COMMUNICATIONS has an average 1 year price target of $56.63, an upside of 15.82% from VERIZON COMMUNICATIONS's current stock price of $48.89.

VERIZON COMMUNICATIONS stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering VERIZON COMMUNICATIONS, 0% have issued a Strong Buy rating, 11.11% have issued a Buy, 77.78% have issued a Hold, while 0% have issued a Sell rating, and 11.11% have issued a Strong Sell.

2. Zoom (NASDAQ:ZM)


Zoom (NASDAQ:ZM) is the second best communication service stock with a Zen Score of 58, which is 28 points higher than the communication service sector average of 30. It passed 19 out of 33 due diligence checks and has strong fundamentals. Zoom has seen its stock lose -72.93% over the past year, underperforming other communication service stocks by -43 percentage points.

Zoom has an average 1 year price target of $231.09, an upside of 172.87% from Zoom's current stock price of $84.69.

Zoom stock has a consensus Buy recommendation according to Wall Street analysts. Of the 24 analysts covering Zoom, 33.33% have issued a Strong Buy rating, 8.33% have issued a Buy, 54.17% have issued a Hold, while 4.17% have issued a Sell rating, and 0% have issued a Strong Sell.

3. INTERDIGITAL (NASDAQ:IDCC)


INTERDIGITAL (NASDAQ:IDCC) is the third best communication service stock with a Zen Score of 55, which is 25 points higher than the communication service sector average of 30. It passed 20 out of 38 due diligence checks and has strong fundamentals. INTERDIGITAL has seen its stock lose -14.91% over the past year, overperforming other communication service stocks by 15 percentage points.

INTERDIGITAL has an average 1 year price target of $104.00, an upside of 74.41% from INTERDIGITAL's current stock price of $59.63.

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 communication service stocks with highest dividends?

Out of 27 communication service stocks that have issued dividends in the past year, the 3 communication service stocks with the highest dividend yields are:

1. SPOK HOLDINGS (NASDAQ:SPOK)


SPOK HOLDINGS (NASDAQ:SPOK) has an annual dividend yield of 9.4%, which is 4 percentage points higher than the communication service sector average of 4.95%. SPOK HOLDINGS's dividend payout is not stable, having dropped more than 10% three 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. AT&T (NYSE:T)


AT&T (NYSE:T) has an annual dividend yield of 9.08%, which is 4 percentage points higher than the communication service sector average of 4.95%. AT&T's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. AT&T's dividend has not shown consistent growth over the last 10 years.

AT&T's dividend payout ratio of 76.9% indicates that its high dividend yield is sustainable for the long-term.

3. LUMEN TECHNOLOGIES (NYSE:LUMN)


LUMEN TECHNOLOGIES (NYSE:LUMN) has an annual dividend yield of 8.77%, which is 4 percentage points higher than the communication service sector average of 4.95%. 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.

Why are communication service stocks down?

Communication service stocks were down -1.57% in the last day, and up 4.91% over the last week. QUALTEK SERVICES was the among the top losers in the communication services sector, dropping -22.05% yesterday.

Shares of several companies in the broader industrial sector are trading lower following weak retail earnings this week. Anticipation of further Fed policy tightening has continued to weigh on stocks across sectors.

What are the most undervalued communication service stocks?

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

1. MILLICOM INTERNATIONAL CELLULAR SA (NASDAQ:TIGO)


MILLICOM INTERNATIONAL CELLULAR SA (NASDAQ:TIGO) is the most undervalued communication service stock based on WallStreetZen's Valuation Score. MILLICOM INTERNATIONAL CELLULAR SA has a valuation score of 100, which is 68 points higher than the communication service sector average of 32. It passed 7 out of 7 valuation due diligence checks.

MILLICOM INTERNATIONAL CELLULAR SA's stock has dropped -53.33% in the past year. It has underperformed other stocks in the communication service sector by -24 percentage points.

2. VEON (NASDAQ:VEON)


VEON (NASDAQ:VEON) is the second most undervalued communication service stock based on WallStreetZen's Valuation Score. VEON has a valuation score of 100, which is 68 points higher than the communication service sector average of 32. It passed 7 out of 7 valuation due diligence checks.

VEON's stock has dropped -72.99% in the past year. It has underperformed other stocks in the communication service sector by -43 percentage points.

3. VODAFONE GROUP PUBLIC (NASDAQ:VOD)


VODAFONE GROUP PUBLIC (NASDAQ:VOD) is the third most undervalued communication service stock based on WallStreetZen's Valuation Score. VODAFONE GROUP PUBLIC has a valuation score of 86, which is 54 points higher than the communication service sector average of 32. It passed 6 out of 7 valuation due diligence checks.

VODAFONE GROUP PUBLIC's stock has dropped -19.76% in the past year. It has overperformed other stocks in the communication service sector by 10 percentage points.

Are communication service stocks a good buy now?

45.28% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 60.74% over the next year.

What is the average p/e ratio of the communication services sector?

The average P/E ratio of the communication services sector is 54.3x.
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.