Sectors & IndustriesCommunication Services
Best Communication Service Stocks to Buy Now (2025)
Top communication service stocks in 2025 ranked by overall Due Diligence 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 Rating
Market Cap
Price
1d %
EBITDA
P/E
D/E
Country
DD Score
BZFD
BUZZFEED INC
NASDAQ
Internet Content & Information
$79.75M$2.071.47%$52.92M-3.91x1.14
United States
HUYA
HUYA INC
NYSE
Entertainment
$552.07M$2.471.23%N/A-34.31x0.79
China
NXST
NEXSTAR MEDIA GROUP INC
NASDAQ
Entertainment
$5.47B$181.270.56%$2.16B9.11x4.08
United States
SDM
SMART DIGITAL GROUP LTD
NASDAQ
Advertising Agencies
N/A$10.760.94%$2.19M153.71x1.12
Singapore
EDHL
EVERBRIGHT DIGITAL HOLDING LTD
NASDAQ
Advertising Agencies
$162.71M$6.141.82%$603.75k43.86x0.26
Hong Kong
RCI
ROGERS COMMUNICATIONS INC
NYSE
Telecom Services
$17.19B$32.070.66%$6.72B13.45x5.88
Canada
ATEX
ANTERIX INC
NASDAQ
Telecom Services
$471.70M$25.230.60%-$8.93M-41.36x1.13
United States
WMG
WARNER MUSIC GROUP CORP
NASDAQ
Entertainment
$15.32B$29.390.82%$1.10B33.78x15.48
United States
STGW
STAGWELL INC
NASDAQ
Advertising Agencies
$1.22B$4.560.00%$337.80MN/A9.54
United States
TEF
TELEFONICA S A
NYSE
Telecom Services
$30.00B$5.29-0.75%$3.47B-83.97x5.19
Spain
LYV
LIVE NATION ENTERTAINMENT INC
NYSE
Entertainment
$34.94B$149.270.11%$1.39B49.59x198.40
United States
CHT
CHUNGHWA TELECOM CO LTD
NYSE
Telecom Services
$35.30B$45.51-3.07%$2.86B28.75x0.34
Taiwan
SIRI
SIRIUS XM HOLDINGS INC
NASDAQ
Entertainment
$8.21B$24.291.42%-$341.00M-3.75x1.45
United States
MCS
MARCUS CORP
NYSE
Entertainment
$545.20M$17.421.87%$65.89M-42.49x1.30
United States
SKLZ
SKILLZ INC
NYSE
Electronic Gaming & Multimedia
$131.15M$7.340.96%-$41.16M-3.71x0.96
United States
CMPR
CIMPRESS PLC
NASDAQ
Advertising Agencies
$1.24B$49.68-0.40%$370.84M8.23x-4.33
Ireland
CDLX
CARDLYTICS INC
NASDAQ
Advertising Agencies
$97.65M$1.863.33%-$143.75M-0.53x4.76
United States
ATHM
AUTOHOME INC
NYSE
Internet Content & Information
$3.12B$26.28-0.64%N/AN/A0.16
China
OMC
OMNICOM GROUP INC
NYSE
Advertising Agencies
$14.58B$74.71-0.41%$2.51B10.11x5.30
United States
UPXI
UPEXI INC
NASDAQ
Internet Content & Information
$119.02M$3.2010.55%-$18.59M-0.15x7.14
United States
BIDU
BAIDU INC
NASDAQ
Internet Content & Information
$29.69B$86.35-0.10%N/A8.48x0.61
China
LUMN
LUMEN TECHNOLOGIES INC
NYSE
Telecom Services
$4.72B$4.603.37%$3.77B-14.38x115.05
United States
GAIA
GAIA INC
NASDAQ
Entertainment
$106.31M$4.24-0.24%$14.57M-20.19x0.56
United States
FTRK
FAST TRACK GROUP
NASDAQ
Entertainment
N/A$0.70-23.48%N/AN/A-1.79
Singapore
NMAX
NEWSMAX INC
NYSE
Broadcasting
$1.93B$15.044.81%N/AN/A0.57
United States
CCO
CLEAR CHANNEL OUTDOOR HOLDINGS INC
NYSE
Advertising Agencies
$615.93M$1.240.81%$857.54M-20.67x-2.16
United States
ADV
ADVANTAGE SOLUTIONS INC
NASDAQ
Advertising Agencies
$509.17M$1.571.29%-$68.80M-1.34x3.33
United States
SNRE
SUNRISE COMMUNICATIONS AG
NASDAQ
Telecom Services
$5.38B$56.18-0.41%N/AN/A1.71
Switzerland
WBD
WARNER BROS DISCOVERY INC
NASDAQ
Entertainment
$27.76B$11.220.90%-$2.16B-2.56x1.97
United States
TEM
TEMPUS AI INC
NASDAQ
Internet Content & Information
$10.55B$60.973.02%-$641.74M-8.82x3.73
United States
GAME
GAMESQUARE HOLDINGS INC
NASDAQ
Electronic Gaming & Multimedia
$34.79M$0.89-2.72%-$44.79M-0.56x5.45
United States
DOYU
DOUYU INTERNATIONAL HOLDINGS LTD
NASDAQ
Internet Content & Information
$229.06M$7.5910.48%N/A-5.58x0.62
China
THRY
THRYV HOLDINGS INC
NASDAQ
Internet Content & Information
$563.79M$12.892.63%-$65.00k-5.28x2.64
United States
USM
UNITED STATES CELLULAR CORP
NYSE
Telecom Services
$5.44B$64.030.66%$805.00M-139.20x1.26
United States
RSVR
RESERVOIR MEDIA INC
NASDAQ
Entertainment
$514.58M$7.881.94%$58.07M65.67x1.37
United States
EVC
ENTRAVISION COMMUNICATIONS CORP
NYSE
Advertising Agencies
$222.89M$2.452.51%-$114.97M-1.49x3.56
United States
ATNI
ATN INTERNATIONAL INC
NASDAQ
Telecom Services
$265.98M$17.481.75%$145.68M-7.57x2.22
United States
GENI
GENIUS SPORTS LTD
NYSE
Internet Content & Information
$2.34B$10.053.18%$26.18M-52.89x0.28
United Kingdom
SSP
EW SCRIPPS CO
NASDAQ
Broadcasting
$291.20M$3.325.06%$482.61M3.57x2.88
United States
FNGR
FINGERMOTION INC
NASDAQ
Telecom Services
$119.77M$2.083.48%-$5.67M-23.11x2.58
United States
NBIS
NEBIUS GROUP NV
NASDAQ
Internet Content & Information
$11.96B$50.250.56%N/AN/A0.09
Netherlands
TRUE
TRUECAR INC
NASDAQ
Internet Content & Information
$167.46M$1.913.80%-$17.26M-4.90x0.31
United States
BOC
BOSTON OMAHA CORP
NYSE
Advertising Agencies
$454.50M$14.452.34%$31.68M481.67x0.32
United States
CNK
CINEMARK HOLDINGS INC
NYSE
Entertainment
$3.53B$30.711.76%$563.20M15.20x12.38
United States
WOW
WIDEOPENWEST INC
NYSE
Telecom Services
$356.43M$4.171.46%$219.10M-5.96x6.67
United States
CABO
CABLE ONE INC
NYSE
Telecom Services
$773.03M$137.360.84%$465.82M-38.05x2.62
United States
SLE
SUPER LEAGUE ENTERPRISE INC
NASDAQ
Internet Content & Information
$2.33M$5.06-1.94%-$11.04M-0.07x-3.83
United States
KIND
NEXTDOOR HOLDINGS INC
NYSE
Internet Content & Information
$619.79M$1.621.89%-$88.05M-6.75x0.14
United States
GDC
GD CULTURE GROUP LTD
NASDAQ
Electronic Gaming & Multimedia
$58.95M$3.516.04%-$10.00M-3.41x-41.14
China
TTGT
TECHTARGET INC
NASDAQ
Internet Content & Information
$494.70M$6.920.07%-$59.27M-2.61x0.44
United States
ASST
ASSET ENTITIES INC
NASDAQ
Internet Content & Information
$67.35M$4.271.67%-$6.63M-3.16x0.10
United States
STRZ
STARZ ENTERTAINMENT CORP
NASDAQ
Entertainment
$260.19M$15.56-1.64%$3.50MN/A1.84
United States
BHAT
BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY
NASDAQ
Electronic Gaming & Multimedia
$8.59M$1.742.35%-$9.13M-0.11x1.34
China
GSAT
GLOBALSTAR INC
NASDAQ
Telecom Services
$3.15B$24.924.75%$35.69M-33.23x4.02
United States
IHRT
IHEARTMEDIA INC
NASDAQ
Broadcasting
$287.86M$1.953.72%-$494.41M-0.23x-4.19
United States
GXAI
GAXOSAI INC
NASDAQ
Electronic Gaming & Multimedia
$11.18M$1.575.37%-$3.62M-1.07x0.03
United States
LVO
LIVEONE INC
NASDAQ
Entertainment
$85.04M$0.89-2.21%-$1.92M-8.05x-6.53
United States
SPHR
SPHERE ENTERTAINMENT CO
NYSE
Entertainment
$1.56B$43.432.21%-$4.96M-4.33x1.08
United States
TDS
TELEPHONE & DATA SYSTEMS INC
NYSE
Telecom Services
$3.81B$35.590.11%$1.17B-33.90x1.51
United States
CSAI
CLOUDASTRUCTURE INC
NASDAQ
Internet Content & Information
$38.13M$2.28-0.87%N/A-6.91x0.16
United States
GTN
GRAY MEDIA INC
NYSE
Broadcasting
$500.82M$4.921.03%$1.10B2.08x3.34
United States
DJT
TRUMP MEDIA & TECHNOLOGY GROUP CORP
NASDAQ
Internet Content & Information
$4.18B$18.954.18%-$99.18M-57.42x0.03
United States
TEAD
TEADS HOLDING CO
NASDAQ
Internet Content & Information
$252.72M$2.68-0.37%-$681.00k-4.47x2.56
United States
IQ
IQIYI INC
NASDAQ
Entertainment
$1.72B$1.781.71%N/A45.64x2.46
China
TZUP
THUMZUP MEDIA CORP
NASDAQ
Advertising Agencies
$88.24M$9.2814.57%-$5.65M-13.65x0.14
United States
GETY
GETTY IMAGES HOLDINGS INC
NYSE
Internet Content & Information
$748.29M$1.814.62%$228.98M-9.53x3.25
United States
PLAY
DAVE & BUSTER's ENTERTAINMENT INC
NASDAQ
Entertainment
$1.19B$34.552.16%$421.50M32.59x26.69
United States
TRUG
TRUGOLF HOLDINGS INC
NASDAQ
Electronic Gaming & Multimedia
$3.54M$5.93-5.72%-$1.40M-0.17x-5.54
United States
IAC
IAC INC
NASDAQ
Internet Content & Information
$3.10B$38.81-1.45%-$668.41M-3.95x0.52
United States
STFS
STAR FASHION CULTURE HOLDINGS LTD
NASDAQ
Advertising Agencies
$13.73M$1.136.60%N/A102.73x0.69
China
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
NASDAQ
Telecom Services
$791.04M$14.420.84%$82.51M-21.52x1.01
United States
NCTY
THE9 LTD
NASDAQ
Electronic Gaming & Multimedia
$97.70M$8.716.61%$3.65M-4.24x0.62
China
NCMI
NATIONAL CINEMEDIA INC
NASDAQ
Advertising Agencies
$451.72M$4.792.57%$25.60M-25.21x0.36
United States
QMMM
QMMM HOLDINGS LTD
NASDAQ
Advertising Agencies
$26.84M$1.569.09%-$1.36M-15.60x0.13
China
ADD
COLOR STAR TECHNOLOGY CO LTD
NASDAQ
Entertainment
$3.54M$0.87-2.47%-$23.13M-0.09x1.62
China
VENU
VENU HOLDING CORP
NYSEMKT
Entertainment
$479.89M$12.792.40%-$23.36M-12.54x0.94
United States
AGAE
ALLIED GAMING & ENTERTAINMENT INC
NASDAQ
Entertainment
$68.81M$1.81-5.73%-$14.47M-4.31x0.48
United States
SBGI
SINCLAIR INC
NASDAQ
Entertainment
$1.03B$14.801.68%$620.00M7.18x12.41
United States
ATUS
ALTICE USA INC
NYSE
Telecom Services
$1.04B$2.226.22%$3.25B-6.73x-59.32
United States
MSGS
MADISON SQUARE GARDEN SPORTS CORP
NYSE
Entertainment
$4.99B$207.90-0.14%$78.75M990.00x-6.31
United States
FYBR
FRONTIER COMMUNICATIONS PARENT INC
NASDAQ
Telecom Services
$9.13B$36.500.00%$2.06B-23.40x3.29
United States
AMC
AMC ENTERTAINMENT HOLDINGS INC
NYSE
Entertainment
$1.28B$2.952.43%$350.20M-2.95x-5.63
United States
DRCT
DIRECT DIGITAL HOLDINGS INC
NASDAQ
Advertising Agencies
$11.78M$0.622.47%$6.87M-0.35x-6.43
United States
SEAT
VIVID SEATS INC
NASDAQ
Internet Content & Information
$383.29M$1.86-1.06%$75.85M-93.00x2.63
United States
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
NASDAQ
Telecom Services
$2.48B$50.33-0.51%$192.21M-12.61x20.85
United States
SCOR
COMSCORE INC
NASDAQ
Internet Content & Information
$24.84M$5.02-3.83%-$29.86M-0.32x-16.91
United States
AENT
ALLIANCE ENTERTAINMENT HOLDING CORP
NASDAQ
Entertainment
$592.51M$5.3417.11%$25.28M22.25x2.59
United States
SGA
SAGA COMMUNICATIONS INC
NASDAQ
Broadcasting
$85.03M$13.200.00%$10.39M24.00x0.34
United States
RDI
READING INTERNATIONAL INC
NASDAQ
Entertainment
$28.32M$1.26-2.33%$25.88M-1.06x-55.76
United States
TC
TOKEN CAT LTD
NASDAQ
Internet Content & Information
$2.34M$0.770.00%-$25.76M-0.06x-1.31
China
ABTS
ABITS GROUP INC
NASDAQ
Advertising Agencies
$11.57M$4.88-4.13%$1.86M-12.51x0.10
United States
SJ
SCIENJOY HOLDING CORP
NASDAQ
Broadcasting
$35.74M$0.85-4.06%N/A10.51x0.20
China
GCL
GCL GLOBAL HOLDINGS LTD
NASDAQ
Electronic Gaming & Multimedia
$10.63M$3.40-1.73%-$771.85k-18.89x-1.02
Singapore
RMSG
REAL MESSENGER CORP
NASDAQ
Internet Content & Information
N/A$1.922.13%$2.21kN/A-1.04
United States
ROLR
HIGH ROLLER TECHNOLOGIES INC
NYSEMKT
Entertainment
$25.70M$3.050.99%-$6.58M-3.21x3.58
United States
CMCM
CHEETAH MOBILE INC
NYSE
Internet Content & Information
$145.52M$4.802.56%-$70.98M-1.69x1.74
China
SNAL
SNAIL INC
NASDAQ
Electronic Gaming & Multimedia
$58.43M$1.573.15%$2.26M31.40x6.69
United States
PODC
PODCASTONE INC
NASDAQ
Internet Content & Information
$61.32M$2.33-18.82%-$5.10M-8.96x0.40
United States
PCLA
PICOCELA INC
NASDAQ
Telecom Services
$46.33M$2.027.45%-$2.71M-6.99x2.48
Japan
KORE
KORE GROUP HOLDINGS INC
NYSE
Telecom Services
$39.47M$2.300.00%-$51.71M-0.31x-4.87
United States

Communication Service Industries

IndustryStocks1d %1w %1m %1y %DD ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
45+0.70%+6.15%-0.24%-38.71%-6.87x2.74x+11.99%+2.35%-2.85%+37.28%Buy
12+1.25%+5.26%-2.86%-5.13%4.57x1.20x+10.00%+2.29%+6.65%+32.11%Strong Buy
25+0.07%+0.27%+5.69%-2.79%-14.85x7.43x-123.89%-2.96%-8.40%+1.68%Strong Buy
47+0.86%+0.68%+7.71%+44.24%47.01x4.36x+41.79%+10.46%+16.44%+3.50%Buy
68+1.10%-0.63%+8.25%-50.82%28.81x6.88x+31.30%+23.06%+30.24%+18.27%Buy
53+0.73%+3.67%+4.20%+13.43%11.46x1.97x+13.98%+4.05%+8.30%+30.75%Buy

Communication Service Stocks FAQ

What are the best communication service stocks to buy right now in Jul 2025?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best communication stocks to buy right now are:

1. Ooma (NYSE:OOMA)


Ooma (NYSE:OOMA) is the #1 top communication service stock out of 250 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Ooma (NYSE:OOMA) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.

Ooma (NYSE:OOMA) has a Due Diligence Score of 20, which is -6 points lower than the communication service sector average of 26. Although this number is below the industry average, our proven quant model rates OOMA as a "A".It passed 6 out of 33 due diligence checks and has weak fundamentals. Ooma has seen its stock return 44.92% over the past year, overperforming other communication service stocks by 65 percentage points.

Ooma has an average 1 year price target of $18.50, an upside of 39.52% from Ooma's current stock price of $13.26.

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

2. Everquote (NASDAQ:EVER)


Everquote (NASDAQ:EVER) is the #2 top communication service stock out of 250 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Everquote (NASDAQ:EVER) is: Value: B, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: B.

Everquote (NASDAQ:EVER) has a Due Diligence Score of 59, which is 33 points higher than the communication service sector average of 26. It passed 19 out of 33 due diligence checks and has strong fundamentals. Everquote has seen its stock return 14.25% over the past year, overperforming other communication service stocks by 35 percentage points.

Everquote has an average 1 year price target of $32.67, an upside of 33.17% from Everquote's current stock price of $24.53.

Everquote stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Everquote, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Nerdwallet (NASDAQ:NRDS)


Nerdwallet (NASDAQ:NRDS) is the #3 top communication service stock out of 250 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Nerdwallet (NASDAQ:NRDS) is: Value: B, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.

Nerdwallet (NASDAQ:NRDS) has a Due Diligence Score of 57, which is 31 points higher than the communication service sector average of 26. It passed 19 out of 33 due diligence checks and has strong fundamentals. Nerdwallet has seen its stock lose -25.62% over the past year, underperforming other communication service stocks by -5 percentage points.

Nerdwallet has an average 1 year price target of $14.25, an upside of 25.88% from Nerdwallet's current stock price of $11.32.

Nerdwallet stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Nerdwallet, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 54 communication service stocks that have issued dividends in the past year, the 3 communication service stocks with the highest dividend yields are:

1. Chunghwa Telecom Co (NYSE:CHT)


Chunghwa Telecom Co (NYSE:CHT) has an annual dividend yield of N/A, which is N/A percentage points lower than the communication service sector average of 3.16%. Chunghwa Telecom Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Chunghwa Telecom Co's dividend has not shown consistent growth over the last 10 years.

Chunghwa Telecom Co's dividend payout ratio of 93.1% indicates that its dividend yield might not be sustainable for the long-term.

2. Bce (NYSE:BCE)


Bce (NYSE:BCE) has an annual dividend yield of 11.77%, which is 9 percentage points higher than the communication service sector average of 3.16%. Bce's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Bce's dividend has shown consistent growth over the last 10 years.

Bce's dividend payout ratio of 1,211.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Weibo (NASDAQ:WB)


Weibo (NASDAQ:WB) has an annual dividend yield of 8.59%, which is 5 percentage points higher than the communication service sector average of 3.16%.

Weibo's dividend payout ratio of 54.3% indicates that its high dividend yield is sustainable for the long-term.

Why are communication service stocks up?

Communication service stocks were up 0.83% in the last day, and up 1.16% over the last week.

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

What are the most undervalued communication service stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), 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 its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Doubledown Interactive Co has a valuation score of 43, which is 22 points higher than the communication service sector average of 21. It passed 3 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has dropped -23.39% in the past year. It has underperformed other stocks in the communication service sector by -3 percentage points.

2. Criteo Sa (NASDAQ:CRTO)


Criteo Sa (NASDAQ:CRTO) is the second most undervalued communication service stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Criteo Sa has a valuation score of 71, which is 50 points higher than the communication service sector average of 21. It passed 5 out of 7 valuation due diligence checks.

Criteo Sa's stock has dropped -36.09% in the past year. It has underperformed other stocks in the communication service sector by -16 percentage points.

3. Hello Group (NASDAQ:MOMO)


Hello Group (NASDAQ:MOMO) is the third most undervalued communication service stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Hello Group has a valuation score of 43, which is 22 points higher than the communication service sector average of 21. It passed 3 out of 7 valuation due diligence checks.

Hello Group's stock has gained 37.5% in the past year. It has overperformed other stocks in the communication service sector by 58 percentage points.

Are communication service stocks a good buy now?

50.35% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 15.11% over the next year.

5.41% of communication service stocks have a Zen Rating of A (Strong Buy), 19.46% of communication service stocks are rated B (Buy), 60% are rated C (Hold), 12.97% are rated D (Sell), and 2.16% are rated F (Strong Sell).

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

The average P/E ratio of the communication services sector is 26.59x.
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.