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Sectors & IndustriesCommunication Services
Best Communication Service Stocks to Buy Now (2023)
Top communication service stocks in 2023 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
GRVY
GRAVITY CO LTD
NASDAQ
Electronic Gaming & Multimedia
$506.99M$72.960.08%N/A5.10x0.36
PERI
PERION NETWORK LTD
NASDAQ
Internet Content & Information
$1.41B$30.00-0.43%$137.97M12.55x0.42
LDWY
LENDWAY INC
NASDAQ
Advertising Agencies
$9.80M$5.451.87%$12.50M0.77x0.31
BIDU
BAIDU INC
NASDAQ
Internet Content & Information
$46.39B$132.353.40%N/A3.71x0.65
GSMG
GLORY STAR NEW MEDIA GROUP HOLDINGS LTD
NASDAQ
Advertising Agencies
$25.55M$0.381.35%N/A1.07x0.14
NTES
NETEASE INC
NASDAQ
Electronic Gaming & Multimedia
$65.56B$101.845.21%$4.65B18.67x0.43
MOMO
HELLO GROUP INC
NASDAQ
Internet Content & Information
$1.34B$7.081.87%$346.78M5.42x0.41
DRCT
DIRECT DIGITAL HOLDINGS INC
NASDAQ
Advertising Agencies
$31.24M$2.19-0.45%$8.52M14.60x14.46
IDCC
INTERDIGITAL INC
NASDAQ
Telecom Services
$2.14B$81.010.97%$333.60M12.86x1.95
NXST
NEXSTAR MEDIA GROUP INC
NASDAQ
Entertainment
$4.90B$139.72-2.77%$2.22B7.50x3.83
NFLX
NETFLIX INC
NASDAQ
Entertainment
$168.31B$379.81-1.13%$20.33B39.81x1.23
WB
WEIBO CORP
NASDAQ
Internet Content & Information
$2.89B$12.294.24%N/A9.31x1.18
VZ
VERIZON COMMUNICATIONS INC
NYSE
Telecom Services
$139.91B$33.28-0.03%$49.22B6.64x2.98
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$3.20B$65.46-0.06%$1.33B2.75x4.87
TV
GRUPO TELEVISA SAB
NYSE
Telecom Services
$2.14B$3.23-2.12%$4.24B3.68x1.21
FOXA
FOX CORP
NASDAQ
Entertainment
$15.34B$31.35-2.46%$2.35B13.40x1.10
WPP
WPP PLC
NYSE
Advertising Agencies
$9.91B$45.21-1.44%N/A14.04x2.49
IPG
INTERPUBLIC GROUP OF COMPANIES INC
NYSE
Advertising Agencies
$11.11B$28.85-1.57%$1.66B11.87x3.61
LIZI
LIZHI INC
NASDAQ
Internet Content & Information
$20.84M$3.980.76%N/A1.30x0.60
VOD
VODAFONE GROUP PUBLIC LTD CO
NASDAQ
Telecom Services
$28.85B$10.010.30%$13.54B2.13x1.44
JFIN
JIAYIN GROUP INC
NASDAQ
Internet Content & Information
$263.06M$4.905.15%N/A1.37x1.44
IAS
INTEGRAL AD SCIENCE HOLDING CORP
NASDAQ
Advertising Agencies
$1.84B$11.761.64%$55.14M84.00x0.32
OMC
OMNICOM GROUP INC
NYSE
Advertising Agencies
$14.57B$73.74-1.27%$2.34B10.76x6.79
TZOO
TRAVELZOO
NASDAQ
Advertising Agencies
$91.85M$6.163.01%$13.72M10.81x6.50
OPRA
OPERA LTD
NASDAQ
Internet Content & Information
$1.16B$12.951.33%$96.78M20.89x0.11
XNET
XUNLEI LTD
NASDAQ
Advertising Agencies
$108.63M$1.650.00%N/A6.82x0.46
ATVI
ACTIVISION BLIZZARD INC
NASDAQ
Electronic Gaming & Multimedia
$73.90B$93.921.70%$3.18B33.91x0.37
STBX
STARBOX GROUP HOLDINGS LTD
NASDAQ
Internet Content & Information
$58.18M$1.070.00%$5.45M11.89x0.04
EVER
EVERQUOTE INC
NASDAQ
Internet Content & Information
$225.22M$6.751.96%-$24.50M-7.18x0.37
SSTK
SHUTTERSTOCK INC
NYSE
Internet Content & Information
$1.36B$37.81-0.97%$203.44M12.00x0.93
NCMI
NATIONAL CINEMEDIA INC
NASDAQ
Advertising Agencies
$82.68M$4.754.17%$590.50M0.17x-3.25
ATHM
AUTOHOME INC
NYSE
Internet Content & Information
$3.72B$30.202.79%N/A13.67x0.21
CMCSA
COMCAST CORP
NASDAQ
Telecom Services
$186.87B$45.30-0.88%$29.39B28.85x2.11
CABO
CABLE ONE INC
NYSE
Telecom Services
$3.53B$628.25-1.58%$718.09M32.79x2.89
LILA
LIBERTY LATIN AMERICA LTD
NASDAQ
Telecom Services
$1.68B$8.10-1.70%$1.82B8.80x6.04
GOOGL
ALPHABET INC
NASDAQ
Internet Content & Information
$1.64T$130.25-0.15%$88.63B27.36x0.43
IDT
IDT CORP
NYSE
Telecom Services
$569.59M$22.34-0.62%$80.15M11.52x1.60
IAC
IAC INC
NASDAQ
Internet Content & Information
$4.32B$50.31-1.83%$1.08B17.71x0.62
CURI
CURIOSITYSTREAM INC
NASDAQ
Broadcasting
$36.91M$0.70-0.71%-$4.03M-0.99x0.30
ORAN
ORANGE
NYSE
Telecom Services
$31.40B$11.81-1.34%$13.95B14.89x2.35
TGNA
TEGNA INC
NYSE
Broadcasting
$3.00B$14.91-2.23%$1.15B4.95x1.44
YELP
YELP INC
NYSE
Internet Content & Information
$2.85B$41.49-0.74%$135.47M69.15x0.46
TTGT
TECHTARGET INC
NASDAQ
Internet Content & Information
$739.20M$26.571.26%$46.29M29.20x2.61
SBGI
SINCLAIR INC
NASDAQ
Entertainment
$733.82M$11.57-2.28%$680.00M4.56x7.92
GTN
GRAY TELEVISION INC
NYSE
Broadcasting
$677.73M$7.10-2.20%$1.11B3.00x3.93
EVC
ENTRAVISION COMMUNICATIONS CORP
NYSE
Advertising Agencies
$311.51M$3.54-3.01%$55.70M39.33x2.50
TSQ
TOWNSQUARE MEDIA INC
NYSE
Advertising Agencies
$149.58M$9.03-2.38%$47.15M903.00x14.13
NWSA
NEWS CORP
NASDAQ
Entertainment
$11.25B$19.68-1.20%$1.11B75.69x0.99
SPHR
SPHERE ENTERTAINMENT CO
NYSE
Entertainment
$1.27B$36.480.44%$736.36M2.51x0.93
GENI
GENIUS SPORTS LTD
NYSE
Internet Content & Information
$1.22B$5.350.19%-$89.05M-6.29x0.28
TME
TENCENT MUSIC ENTERTAINMENT GROUP
NYSE
Internet Content & Information
$14.80B$6.284.32%N/A15.21x0.33
EA
ELECTRONIC ARTS INC
NASDAQ
Electronic Gaming & Multimedia
$32.24B$119.000.17%$1.96B36.39x0.78
SGA
SAGA COMMUNICATIONS INC
NASDAQ
Broadcasting
$127.43M$20.81-1.89%$20.59M14.97x0.27
MTCH
MATCH GROUP INC
NASDAQ
Internet Content & Information
$11.47B$41.260.56%$785.33M24.56x-25.38
MDIA
MEDIACO HOLDING INC
NASDAQ
Broadcasting
$19.36M$0.75-0.13%$38.31M0.26x0.69
ZD
ZIFF DAVIS INC
NASDAQ
Advertising Agencies
$3.10B$66.61-1.51%$411.68M32.81x0.86
META
META PLATFORMS INC
NASDAQ
Internet Content & Information
$769.58B$299.081.13%$38.02B34.58x0.54
TWLO
TWILIO INC
NYSE
Internet Content & Information
$10.74B$59.291.82%-$908.32M-8.97x0.19
LYV
LIVE NATION ENTERTAINMENT INC
NYSE
Entertainment
$18.35B$79.75-0.28%$1.37B70.58x-104.36
TMUS
T-MOBILE US INC
NASDAQ
Telecom Services
$163.94B$139.35-0.46%$24.12B27.65x2.20
BILI
BILIBILI INC
NASDAQ
Electronic Gaming & Multimedia
$5.64B$13.655.57%N/A-7.35x1.11
IZEA
IZEA WORLDWIDE INC
NASDAQ
Internet Content & Information
$32.77M$2.13-0.93%-$4.44M-6.87x0.19
CHTR
CHARTER COMMUNICATIONS INC
NASDAQ
Telecom Services
$66.63B$445.21-0.36%$19.92B14.75x12.58
SIFY
SIFY TECHNOLOGIES LTD
NASDAQ
Telecom Services
$312.65M$1.71-5.52%N/A38.00x2.35
DISH
DISH NETWORK CORP
NASDAQ
Telecom Services
$3.35B$6.27-1.26%$3.25B1.88x1.89
PGRU
PROPERTYGURU GROUP LTD
NYSE
Internet Content & Information
$653.57M$4.022.55%-$3.93M-3.99x0.17
IQ
IQIYI INC
NASDAQ
Entertainment
$4.56B$4.762.81%N/A40.68x3.01
PLAY
DAVE & BUSTER's ENTERTAINMENT INC
NASDAQ
Entertainment
$1.54B$35.951.18%$490.02M12.35x10.86
FVRR
FIVERR INTERNATIONAL LTD
NYSE
Internet Content & Information
$919.24M$24.251.85%-$18.54M-55.11x2.22
CRTO
CRITEO SA
NASDAQ
Advertising Agencies
$1.57B$28.110.04%$29.35M255.55x1.07
BOC
BOSTON OMAHA CORP
NYSE
Advertising Agencies
$509.96M$16.29-1.27%$18.79M814.50x0.29
KT
KT CORP
NYSE
Telecom Services
$6.31B$12.320.57%$1.93B6.17x1.36
GOGO
GOGO INC
NASDAQ
Telecom Services
$1.56B$12.10-3.35%$157.34M9.84x79.93
CDLX
CARDLYTICS INC
NASDAQ
Advertising Agencies
$543.23M$14.40-3.29%-$344.05M-1.26x1.68
WMG
WARNER MUSIC GROUP CORP
NASDAQ
Entertainment
$15.84B$30.692.03%$1.05B37.89x27.94
TU
TELUS CORP
NYSE
Telecom Services
$24.57B$16.981.01%$4.09B27.00x2.32
SJ
SCIENJOY HOLDING CORP
NASDAQ
Broadcasting
$139.27M$3.434.26%N/A8.68x0.21
ADTH
ADTHEORENT HOLDING COMPANY INC
NASDAQ
Advertising Agencies
$106.73M$1.21-0.82%$20.29M6.37x0.16
SIRI
SIRIUS XM HOLDINGS INC
NASDAQ
Entertainment
$15.48B$4.03-1.71%$2.51B13.90x-4.24
DOYU
DOUYU INTERNATIONAL HOLDINGS LTD
NASDAQ
Internet Content & Information
$306.79M$0.962.24%N/A34.21x0.23
TRVG
TRIVAGO NV
NASDAQ
Internet Content & Information
$352.26M$1.02-0.97%-$29.33M-7.56x0.24
WIMI
WIMI HOLOGRAM CLOUD INC
NASDAQ
Advertising Agencies
$69.37M$0.807.38%-$50.42M-1.32x0.11
EDR
ENDEAVOR GROUP HOLDINGS INC
NYSE
Entertainment
$6.21B$20.43-1.54%$371.55M34.63x3.68
TTWO
TAKE TWO INTERACTIVE SOFTWARE INC
NASDAQ
Electronic Gaming & Multimedia
$23.48B$138.241.69%-$711.30M-18.61x0.74
PINS
PINTEREST INC
NYSE
Internet Content & Information
$17.90B$26.721.02%-$310.03M-62.14x0.19
ZH
ZHIHU INC
NYSE
Internet Content & Information
$597.80M$0.980.31%N/A-4.59x0.43
AMX
AMERICA MOVIL SAB DE CV
NYSE
Telecom Services
$58.43B$17.68-0.51%$17.88B1,607.27x3.16
TRUE
TRUECAR INC
NASDAQ
Internet Content & Information
$199.93M$2.22-5.13%-$114.44M-1.47x0.32
TEF
TELEFONICA S A
NYSE
Telecom Services
$24.72B$4.28-1.15%$6.11B12.85x4.37
ONFO
ONFOLIO HOLDINGS INC
NASDAQ
Internet Content & Information
$4.72M$0.92-0.65%-$4.37M-0.91x0.31
STCN
STEEL CONNECT INC
NASDAQ
Advertising Agencies
$73.07M$11.192.29%$24.11M11.99x-41.07
KIND
NEXTDOOR HOLDINGS INC
NYSE
Internet Content & Information
$700.62M$1.84-0.54%-$129.35M-5.11x0.17
BCE
BCE INC
NYSE
Telecom Services
$36.33B$39.830.35%$7.23B20.86x2.30
CTV
INNOVID CORP
NYSE
Advertising Agencies
$176.92M$1.27-0.78%-$25.50M-4.10x0.28
MYPS
PLAYSTUDIOS INC
NASDAQ
Electronic Gaming & Multimedia
$425.41M$3.200.00%$35.30M-320.00x0.17
CNSL
CONSOLIDATED COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$412.80M$3.540.28%$520.10M6.10x5.21
ROKU
ROKU INC
NASDAQ
Entertainment
$9.80B$69.27-3.29%-$293.77M-14.61x0.64
DLX
DELUXE CORP
NYSE
Advertising Agencies
$854.01M$19.58-2.68%$355.41M16.05x3.76
SCPL
SCIPLAY CORP
NASDAQ
Electronic Gaming & Multimedia
$2.84B$22.79-0.04%$48.10M21.91x1.30
TOON
KARTOON STUDIOS INC
NYSEMKT
Entertainment
$47.68M$1.36-7.48%-$58.62M-0.62x1.06

Communication Service Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
44-0.75%-3.38%-2.49%-3.84%18.89x3.07x+15.32%+1.32%-5.55%+64.50%Strong Buy
14-2.25%-3.83%-6.54%-40.45%3.25x0.76x-203.49%-1.84%-31.60%+74.71%Buy
25+1.47%-0.91%-0.65%+8.82%18.64x3.91x-18.85%+5.48%+8.18%+25.83%Buy
44-1.13%-4.62%-7.53%-0.46%40.00x2.10x+4.32%+3.53%+7.03%+34.04%Buy
64+0.97%-2.97%-0.32%-0.55%26.20x5.26x+18.16%+13.43%+19.41%+33.40%Buy
57-0.40%-0.15%+0.79%-8.08%98.65x1.51x+9.77%+3.00%+7.03%+31.58%Buy

Communication Service Stocks FAQ

What are the best communication service stocks to buy right now in Sep 2023?

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

1. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the top communication service stock with a Zen Score of 65, which is 38 points higher than the communication service sector average of 27. It passed 21 out of 33 due diligence checks and has strong fundamentals. Gravity Co has seen its stock return 53.99% over the past year, overperforming other communication service stocks by 57 percentage points.

2. Lendway (NASDAQ:LDWY)


Lendway (NASDAQ:LDWY) is the second best communication service stock with a Zen Score of 60, which is 33 points higher than the communication service sector average of 27. It passed 19 out of 33 due diligence checks and has strong fundamentals. Lendway has seen its stock lose -14.17% over the past year, underperforming other communication service stocks by -11 percentage points.

3. Perion Network (NASDAQ:PERI)


Perion Network (NASDAQ:PERI) is the third best communication service stock with a Zen Score of 60, which is 33 points higher than the communication service sector average of 27. It passed 19 out of 33 due diligence checks and has strong fundamentals. Perion Network has seen its stock return 45.21% over the past year, overperforming other communication service stocks by 49 percentage points.

Perion Network has an average 1 year price target of $40.80, an upside of 36% from Perion Network's current stock price of $30.00.

Perion Network stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Perion Network, 20% have issued a Strong Buy rating, 60% have issued a Buy, 20% 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 55 communication service stocks that have issued dividends in the past year, the 3 communication service stocks with the highest dividend yields are:

1. Amc Entertainment (NYSE:AMC)


Amc Entertainment (NYSE:AMC) has an annual dividend yield of N/A, which is N/A percentage points lower than the communication service sector average of 4.33%. Amc Entertainment's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Amc Entertainment's dividend has not shown consistent growth over the last 10 years.

Amc Entertainment's dividend payout ratio of -1.5% indicates that its dividend yield might not be sustainable for the long-term.

2. America Movil Sab De Cv (NYSE:AMX)


America Movil Sab De Cv (NYSE:AMX) has an annual dividend yield of N/A, which is N/A percentage points lower than the communication service sector average of 4.33%. America Movil Sab De Cv's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. America Movil Sab De Cv's dividend has shown consistent growth over the last 10 years.

America Movil Sab De Cv's dividend payout ratio of 4,011.3% indicates that its dividend yield might not be sustainable for the long-term.

3. Lumen Technologies (NYSE:LUMN)


Lumen Technologies (NYSE:LUMN) has an annual dividend yield of N/A, which is N/A percentage points lower than the communication service sector average of 4.33%. Lumen Technologies's dividend payout is not stable, having dropped more than 10% one 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 -2.3% indicates that its dividend yield might not be sustainable for the long-term.

Why are communication service stocks down?

Communication service stocks were down -0.12% in the last day, and down -2.23% over the last week.

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

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. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the most undervalued communication service stock based on WallStreetZen's Valuation Score. Gravity Co has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 53.99% in the past year. It has overperformed other stocks in the communication service sector by 57 percentage points.

2. Glory Star New Media Group Holdings (NASDAQ:GSMG)


Glory Star New Media Group Holdings (NASDAQ:GSMG) is the second most undervalued communication service stock based on WallStreetZen's Valuation Score. Glory Star New Media Group Holdings has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Glory Star New Media Group Holdings's stock has dropped -74.66% in the past year. It has underperformed other stocks in the communication service sector by -71 percentage points.

3. Jiayin Group (NASDAQ:JFIN)


Jiayin Group (NASDAQ:JFIN) is the third most undervalued communication service stock based on WallStreetZen's Valuation Score. Jiayin Group has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Jiayin Group's stock has gained 106.66% in the past year. It has overperformed other stocks in the communication service sector by 110 percentage points.

Are communication service stocks a good buy now?

42.35% of communication service stocks rated by analysts are a buy right now. On average, analysts expect communication service stocks to rise by 34.79% 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 44.41x.
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.