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Sectors & IndustriesCommunication Services
Best Communication Service Stocks to Buy Now (2024)
Top communication service stocks in 2024 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
WMG
WARNER MUSIC GROUP CORP
NASDAQ
Entertainment
$17.10B$33.02-0.90%$1.14B37.52x18.09
CDLX
CARDLYTICS INC
NASDAQ
Advertising Agencies
$639.14M$14.49-1.02%-$102.85M-3.93x3.26
ROKU
ROKU INC
NASDAQ
Entertainment
$9.35B$65.17-0.63%-$362.82M-13.01x0.83
CURI
CURIOSITYSTREAM INC
NASDAQ
Broadcasting
$57.04M$1.0711.46%-$24.99M-1.16x0.39
RDCM
RADCOM LTD
NASDAQ
Telecom Services
$170.66M$11.163.33%N/A44.64x0.30
CMPR
CIMPRESS PLC
NASDAQ
Advertising Agencies
$2.36B$88.51-0.17%$365.86M56.02x-4.50
IZEA
IZEA WORLDWIDE INC
NASDAQ
Internet Content & Information
$35.70M$2.31-1.28%-$5.42M-5.78x0.19
TDS
TELEPHONE & DATA SYSTEMS INC
NYSE
Telecom Services
$1.70B$16.021.01%$669.00M-3.17x1.52
EVER
EVERQUOTE INC
NASDAQ
Internet Content & Information
$635.30M$18.56-1.01%-$44.51M-12.05x0.37
TRVG
TRIVAGO NV
NASDAQ
Internet Content & Information
$193.01M$2.772.21%-$160.34M-1.06x0.51
EVC
ENTRAVISION COMMUNICATIONS CORP
NYSE
Advertising Agencies
$146.81M$1.640.61%$27.11M-9.11x2.70
BOC
BOSTON OMAHA CORP
NYSE
Advertising Agencies
$484.75M$15.46-6.13%$16.43M-67.22x0.28
FLNT
FLUENT INC
NASDAQ
Advertising Agencies
$40.05M$0.49-2.18%-$114.26M-0.31x2.16
ICLK
ICLICK INTERACTIVE ASIA GROUP LTD
NASDAQ
Advertising Agencies
$38.59M$3.950.25%N/AN/A2.52
KRKR
36KR HOLDINGS INC
NASDAQ
Internet Content & Information
$15.70M$0.38-1.32%N/A-1.25x0.78
TTWO
TAKE TWO INTERACTIVE SOFTWARE INC
NASDAQ
Electronic Gaming & Multimedia
$25.33B$148.491.07%-$896.50M-17.03x0.75
ABLV
ABLE VIEW GLOBAL INC
NASDAQ
Internet Content & Information
$103.37M$2.4710.27%N/A0.19x5.95
ONFO
ONFOLIO HOLDINGS INC
NASDAQ
Internet Content & Information
$2.45M$0.487.38%-$7.96M-0.29x0.57
CXDO
CREXENDO INC
NASDAQ
Telecom Services
$126.43M$4.813.89%$3.42M-481.00x0.26
FNGR
FINGERMOTION INC
NASDAQ
Telecom Services
$110.35M$2.10-3.23%-$4.92M-21.00x0.39
INUV
INUVO INC
NYSEMKT
Advertising Agencies
$47.47M$0.34-6.83%-$7.63M-4.26x0.91
KORE
KORE GROUP HOLDINGS INC
NYSE
Telecom Services
$68.24M$0.79-3.44%-$156.19M-0.31x7.24
MYPS
PLAYSTUDIOS INC
NASDAQ
Electronic Gaming & Multimedia
$378.66M$2.783.35%$42.74M-18.53x0.27
TLK
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
NYSE
Telecom Services
$22.05B$22.26-0.04%$2.24B15.89x0.97
ZH
ZHIHU INC
NYSE
Internet Content & Information
$398.17M$0.68-2.29%N/A-3.49x0.46
BRAG
BRAGG GAMING GROUP INC
NASDAQ
Electronic Gaming & Multimedia
$141.93M$6.17-0.96%$13.36M-33.35x0.47
CNET
ZW DATA ACTION TECHNOLOGIES INC
NASDAQ
Advertising Agencies
$7.35M$1.020.00%-$6.65M-0.86x0.79
GTN
GRAY TELEVISION INC
NYSE
Broadcasting
$614.33M$6.321.61%$697.00M-4.55x4.07
GIGM
GIGAMEDIA LTD
NASDAQ
Electronic Gaming & Multimedia
$14.15M$1.28-0.78%N/A-12.80x0.07
LVO
LIVEONE INC
NASDAQ
Entertainment
$178.73M$1.951.04%-$5.35M-9.75x-12.08
DIS
WALT DISNEY CO
NYSE
Entertainment
$224.45B$122.361.14%$11.13B74.61x0.92
AMX
AMERICA MOVIL SAB DE CV
NYSE
Telecom Services
$61.67B$18.66-0.69%$17.88B1,696.36x3.16
ADV
ADVANTAGE SOLUTIONS INC
NASDAQ
Advertising Agencies
$1.39B$4.331.41%$298.23M-21.65x2.42
SOGP
SOUND GROUP INC
NASDAQ
Internet Content & Information
$18.10M$3.420.59%N/A4.06x0.66
ZDGE
ZEDGE INC
NYSEMKT
Internet Content & Information
$40.33M$2.772.21%-$16.33M-2.31x0.21
SJ
SCIENJOY HOLDING CORP
NASDAQ
Broadcasting
$43.09M$1.050.00%N/A-8.68x0.23
GAIA
GAIA INC
NASDAQ
Entertainment
$70.87M$3.086.21%$12.93M-14.67x0.59
TSQ
TOWNSQUARE MEDIA INC
NYSE
Advertising Agencies
$182.63M$10.980.37%$5.44M-4.10x100.18
TBLA
TABOOLACOM LTD
NASDAQ
Internet Content & Information
$1.51B$4.440.91%$32.78M-18.50x0.62
FUBO
FUBOTV INC
NYSE
Broadcasting
$473.21M$1.581.28%-$235.00M-1.52x3.34
DLX
DELUXE CORP
NYSE
Advertising Agencies
$902.87M$20.590.10%$350.78M34.32x4.10
QNST
QUINSTREET INC
NASDAQ
Advertising Agencies
$969.37M$17.661.79%-$7.36M-12.18x0.49
BILI
BILIBILI INC
NASDAQ
Electronic Gaming & Multimedia
$4.62B$11.201.54%-$233.19M-6.91x1.30
NEXN
NEXXEN INTERNATIONAL LTD
NASDAQ
Advertising Agencies
$384.98M$5.221.56%$69.50M-17.40x0.67
TOON
KARTOON STUDIOS INC
NYSEMKT
Entertainment
$48.21M$1.370.00%-$63.07M-0.61x0.86
MGOL
MGO GLOBAL INC
NASDAQ
Advertising Agencies
$5.77M$0.41-9.80%-$5.78M-0.96x0.23
WIMI
WIMI HOLOGRAM CLOUD INC
NASDAQ
Advertising Agencies
$78.73M$0.916.57%-$43.25M-1.77x0.15
MCHX
MARCHEX INC
NASDAQ
Advertising Agencies
$59.34M$1.37-1.44%-$7.78M-4.72x0.32
TGNA
TEGNA INC
NYSE
Broadcasting
$2.63B$14.940.61%$893.06M6.52x1.58
SBGI
SINCLAIR INC
NASDAQ
Entertainment
$856.72M$13.472.12%-$159.00M-3.02x20.58
GXAI
GAXOSAI INC
NASDAQ
Electronic Gaming & Multimedia
$6.72M$6.140.00%-$3.94M-1.54x0.08
DOYU
DOUYU INTERNATIONAL HOLDINGS LTD
NASDAQ
Internet Content & Information
$210.73M$6.59-5.87%N/A439.33x0.21
HUYA
HUYA INC
NYSE
Entertainment
$1.06B$4.552.25%N/A-38.89x0.22
SOHU
SOHUCOM LTD
NASDAQ
Electronic Gaming & Multimedia
$349.32M$10.57-0.19%$60.29M-11.88x0.78
TEF
TELEFONICA S A
NYSE
Telecom Services
$25.36B$4.410.00%$1.32B-20.51x4.77
ASST
ASSET ENTITIES INC
NASDAQ
Internet Content & Information
$9.99M$0.71-3.78%-$3.81M-2.37x0.03
GDC
GD CULTURE GROUP LTD
NASDAQ
Electronic Gaming & Multimedia
$4.62M$1.03-5.50%-$10.86M-0.13x0.25
MATH
METALPHA TECHNOLOGY HOLDING LTD
NASDAQ
Internet Content & Information
$45.02M$1.450.00%-$20.23M-1.93x5.52
BAOS
BAOSHENG MEDIA GROUP HOLDINGS LTD
NASDAQ
Advertising Agencies
$5.48M$3.572.53%-$16.92M-0.32x0.24
TTGT
TECHTARGET INC
NASDAQ
Internet Content & Information
$944.32M$33.081.69%$23.90M206.75x2.14
SKLZ
SKILLZ INC
NYSE
Electronic Gaming & Multimedia
$139.20M$6.491.09%-$226.81M-0.55x0.88
SNAP
SNAP INC
NYSE
Internet Content & Information
$18.95B$11.480.26%-$1.10B-14.00x2.30
RBBN
RIBBON COMMUNICATIONS INC
NASDAQ
Telecom Services
$551.88M$3.20-2.14%$42.94M-8.21x1.53
ADD
COLOR STAR TECHNOLOGY CO LTD
NASDAQ
Entertainment
$3.50M$0.222.86%-$31.99M-0.05x0.22
DLPN
DOLPHIN ENTERTAINMENT INC
NASDAQ
Advertising Agencies
$26.49M$1.464.29%-$14.15M-1.02x1.87
SKM
SK TELECOM CO LTD
NYSE
Telecom Services
$8.49B$21.56-0.74%N/A10.80x1.40
BHAT
BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY
NASDAQ
Electronic Gaming & Multimedia
$15.77M$1.08-1.82%N/A-1.50x1.75
ZD
ZIFF DAVIS INC
NASDAQ
Advertising Agencies
$2.90B$63.04-0.10%$333.78M70.83x0.83
UONE
URBAN ONE INC
NASDAQ
Broadcasting
$131.97M$2.707.57%$147.24M8.44x3.20
SPOT
SPOTIFY TECHNOLOGY SA
NYSE
Internet Content & Information
$52.03B$263.901.42%-$136.56M-89.91x2.31
ATNI
ATN INTERNATIONAL INC
NASDAQ
Telecom Services
$487.74M$31.510.75%$173.63M-25.20x1.96
DGLY
DIGITAL ALLY INC
NASDAQ
Internet Content & Information
$7.06M$2.52-1.95%-$23.26M-0.22x1.79
GRPN
GROUPON INC
NASDAQ
Internet Content & Information
$519.86M$13.344.06%$5.32M-7.54x-15.04
AENT
ALLIANCE ENTERTAINMENT HOLDING CORP
NASDAQ
Entertainment
$237.39M$2.140.00%$13.86M-14.27x3.84
BREA
BRERA HOLDINGS PLC
NASDAQ
Entertainment
$14.76M$1.2910.73%-$2.57M-3.62x0.25
LILA
LIBERTY LATIN AMERICA LTD
NASDAQ
Telecom Services
$1.42B$6.97-0.85%$1.56B-19.91x6.40
GSAT
GLOBALSTAR INC
NYSEMKT
Telecom Services
$2.79B$1.477.30%$68.60M-73.50x1.44
RSVR
RESERVOIR MEDIA INC
NASDAQ
Entertainment
$514.04M$7.930.13%$44.15MN/A1.25
GROM
GROM SOCIAL ENTERPRISES INC
NASDAQ
Internet Content & Information
$1.63M$0.830.73%-$12.14M-0.00x0.23
SLE
SUPER LEAGUE ENTERPRISE INC
NASDAQ
Internet Content & Information
$9.11M$2.15-14.00%-$28.24M-0.13x0.64
BATRA
ATLANTA BRAVES HOLDINGS INC
NASDAQ
Entertainment
$2.59B$41.901.21%-$20.51M-20.64x1.82
CNVS
CINEVERSE CORP
NASDAQ
Entertainment
$18.53M$1.391.46%-$4.73M-1.45x0.90
CMLS
CUMULUS MEDIA INC
NASDAQ
Broadcasting
$59.86M$3.5911.15%$28.75M-0.53x4.03
TIMB
TIM SA
NYSE
Telecom Services
$8.59B$17.75-1.55%$2.27B25.25x1.22
CNK
CINEMARK HOLDINGS INC
NYSE
Entertainment
$2.18B$17.97-0.55%$600.60M11.59x14.58
VEON
VEON LTD
NASDAQ
Telecom Services
$1.68B$24.010.67%$563.00M3.84x15.38
WBD
WARNER BROS DISCOVERY INC
NASDAQ
Entertainment
$21.30B$8.731.04%$6.30B-6.82x1.69
RDI
READING INTERNATIONAL INC
NASDAQ
Entertainment
$40.98M$1.843.95%$27.27M-1.30x11.68
CMCM
CHEETAH MOBILE INC
NYSE
Internet Content & Information
$87.26M$3.0112.31%-$69.64M-1.14x0.67
ZG
ZILLOW GROUP INC
NASDAQ
Internet Content & Information
$11.17B$47.86-3.53%$104.00M-70.38x0.47
CCO
CLEAR CHANNEL OUTDOOR HOLDINGS INC
NYSE
Advertising Agencies
$798.14M$1.650.00%$650.98M-2.54x-2.36
TEO
TELECOM ARGENTINA SA
NYSE
Telecom Services
$3.42B$7.952.98%$869.30M-11.34x1.49
YY
JOYY INC
NASDAQ
Internet Content & Information
$1.87B$30.751.65%N/AN/A0.62
GETY
GETTY IMAGES HOLDINGS INC
NYSE
Internet Content & Information
$1.68B$4.15-2.58%$190.36M83.00x3.03
UPXI
UPEXI INC
NASDAQ
Internet Content & Information
$12.14M$0.58-6.59%-$14.74M-0.51x1.44
ANGH
ANGHAMI INC
NASDAQ
Entertainment
$51.23M$1.978.24%-$16.85M-2.24x-2.28
BODI
BEACHBODY COMPANY INC
NYSE
Internet Content & Information
$65.58M$9.60-1.03%-$80.40M-0.39x2.35
THRY
THRYV HOLDINGS INC
NASDAQ
Internet Content & Information
$790.45M$22.231.37%-$135.57M-2.98x4.13
PROP
PRAIRIE OPERATING CO
NASDAQ
Entertainment
$87.96M$8.77-7.68%-$77.97M-0.53x0.14
BZFD
BUZZFEED INC
NASDAQ
Internet Content & Information
$67.67M$0.4717.04%-$107.08M-0.36x2.59

Communication Service Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
41+0.10%-2.53%+2.05%+12.59%29.00x3.44x+25.51%+3.29%+11.61%+19.59%Buy
13+0.99%+1.65%+2.03%-27.50%3.32x0.71x-5.08%-2.33%+5.80%+44.79%Buy
23+1.22%-0.75%-2.58%+5.99%8.00x4.26x-102.42%+3.99%+5.99%+23.52%Buy
45-0.33%-0.03%+2.62%+18.75%45.01x2.84x-6.30%+4.96%+9.59%+11.15%Buy
65-0.51%+0.08%+2.62%+30.50%18.00x6.31x+23.69%+17.09%+23.36%+15.33%Buy
54-0.05%-0.88%-2.50%-13.07%110.87x1.64x+1.52%+3.84%+8.19%+38.14%Buy

Communication Service Stocks FAQ

What are the best communication service stocks to buy right now in Mar 2024?

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

1. Opera (NASDAQ:OPRA)


Opera (NASDAQ:OPRA) is the top communication service stock with a Zen Score of 68, which is 41 points higher than the communication service sector average of 27. It passed 25 out of 38 due diligence checks and has strong fundamentals. Opera has seen its stock return 63.33% over the past year, overperforming other communication service stocks by 55 percentage points.

Opera has an average 1 year price target of $20.75, an upside of 31.25% from Opera's current stock price of $15.81.

Opera stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Opera, 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.

2. Interdigital (NASDAQ:IDCC)


Interdigital (NASDAQ:IDCC) is the second best communication service stock with a Zen Score of 65, which is 38 points higher than the communication service sector average of 27. It passed 24 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 47.82% over the past year, overperforming other communication service stocks by 40 percentage points.

3. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the third best 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 33.87% over the past year, overperforming other communication service stocks by 26 percentage points.

What are the communication service stocks with highest dividends?

Out of 52 communication service stocks that have issued dividends in the past year, the 3 communication service stocks with the highest dividend yields are:

1. Trivago Nv (NASDAQ:TRVG)


Trivago Nv (NASDAQ:TRVG) has an annual dividend yield of 102.03%, which is 96 percentage points higher than the communication service sector average of 6.16%.

Trivago Nv's dividend payout ratio of -108.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Saga Communications (NASDAQ:SGA)


Saga Communications (NASDAQ:SGA) has an annual dividend yield of 16.14%, which is 10 percentage points higher than the communication service sector average of 6.16%. Saga Communications's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Saga Communications's dividend has shown consistent growth over the last 10 years.

Saga Communications's dividend payout ratio of 248.4% indicates that its high dividend yield might not be sustainable for the long-term.

3. Jiayin Group (NASDAQ:JFIN)


Jiayin Group (NASDAQ:JFIN) has an annual dividend yield of 12.27%, which is 6 percentage points higher than the communication service sector average of 6.16%.

Jiayin Group's dividend payout ratio of 23.8% indicates that its high dividend yield is sustainable for the long-term.

Why are communication service stocks down?

Communication service stocks were down -0.13% in the last day, and down -0.49% over the last week. Amc Entertainment was the among the top losers in the communication services sector, dropping -14.29% yesterday.

AMC Entertainment shares are trading lower after the company entered an equity distribution agreement to sell shares from time to time with an aggregate offering price of $250,000,000 through an 'at-the-market' program.

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. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the most undervalued communication service stock based on WallStreetZen's Valuation Score. Doubledown Interactive Co has a valuation score of 100, which is 73 points higher than the communication service sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 34.32% in the past year. It has overperformed other stocks in the communication service sector by 26 percentage points.

2. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the second most undervalued communication service stock based on WallStreetZen's Valuation Score. Gravity Co has a valuation score of 100, which is 73 points higher than the communication service sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 33.87% in the past year. It has overperformed other stocks in the communication service sector by 26 percentage points.

3. Nexstar Media Group (NASDAQ:NXST)


Nexstar Media Group (NASDAQ:NXST) is the third most undervalued communication service stock based on WallStreetZen's Valuation Score. Nexstar Media Group has a valuation score of 100, which is 73 points higher than the communication service sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has gained 3.76% in the past year. It has underperformed other stocks in the communication service sector by -4 percentage points.

Are communication service stocks a good buy now?

41.13% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 21.12% 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 40.04x.
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.