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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
GMGI
GOLDEN MATRIX GROUP INC
$138.41M-2.10%-1.80%0.48%7.10%0.155.1623.90%-1.40%0.35%
NEXN
NEXXEN INTERNATIONAL LTD
$407.84M-4.00%-2.50%-1.30%-3.90%0.671.9781.20%-6.50%-2.65%
DOYU
DOUYU INTERNATIONAL HOLDINGS LTD
$274.37M0.50%0.40%0.55%1.60%0.214.8612.40%0.60%0.66%
VIV
TELEFONICA BRASIL SA
$15.55B7.30%4.20%7.86%12.10%0.74N/A43.50%9.70%15.18%
CDLX
CARDLYTICS INC
$542.98M-65.00%-21.30%-32.85%-61.60%3.261.3142.20%-43.60%-42.81%
IZEA
IZEA WORLDWIDE INC
$48.23M-11.10%-9.30%-11.16%-27.10%0.224.4440.30%-20.30%-20.29%
MTCH
MATCH GROUP INC
$8.55B-313.50%15.10%23.56%21.90%-231.582.3971.60%19.40%27.84%
SIFY
SIFY TECHNOLOGIES LTD
$217.65M1.70%0.50%5.86%4.80%2.111.1036.20%0.90%7.11%
SLE
SUPER LEAGUE ENTERPRISE INC
$8.91M-208.10%-116.70%-255.86%1,218.80%1.541.2539.00%-120.90%-121.99%
TDS
TELEPHONE & DATA SYSTEMS INC
$1.67B-10.10%-4.00%-1.93%-2.00%1.521.4054.80%-11.00%-4.77%
EVER
EVERQUOTE INC
$669.19M-54.00%-38.70%-62.62%-133.80%0.372.3192.20%-17.80%-17.61%
EVC
ENTRAVISION COMMUNICATIONS CORP
$187.09M-6.40%-1.80%-0.15%-0.20%2.701.4216.10%-1.40%-0.08%
LVO
LIVEONE INC
$173.69MN/A-23.10%-54.89%74.60%-12.080.5527.80%-13.30%-8.81%
TRVG
TRIVAGO NV
$177.68M-41.60%-29.20%-52.61%-141.90%0.515.2297.50%-33.90%-31.35%
IQ
IQIYI INC
$4.79B17.10%4.20%14.09%26.80%2.660.5727.50%6.00%9.84%
TTWO
TAKE TWO INTERACTIVE SOFTWARE INC
$24.64B-16.60%-9.40%-12.91%-61.30%0.750.8237.00%-26.90%-29.20%
ICLK
ICLICK INTERACTIVE ASIA GROUP LTD
$12.11M-129.70%-62.80%-343.31%-328.20%2.521.38-8.40%-116.50%-123.13%
ABLV
ABLE VIEW GLOBAL INC
$66.54M329.30%44.40%43.21%75.20%5.953.0523.00%5.80%7.86%
BOC
BOSTON OMAHA CORP
$498.86M-1.30%-0.90%-1.23%-1.70%0.282.5666.90%-7.30%-9.18%
ATNI
ATN INTERNATIONAL INC
$302.19M-2.60%-0.80%1.30%1.00%1.960.9656.70%-1.90%2.54%
WIMI
WIMI HOLOGRAM CLOUD INC
$100.17M-46.70%-36.80%-53.00%-95.90%0.363.6729.70%-72.00%-72.21%
KRKR
36KR HOLDINGS INC
$14.47M-32.30%-18.70%-31.16%-32.30%0.781.6053.50%-26.50%-26.46%
OOMA
OOMA INC
$181.63M-1.10%-0.60%-2.61%-4.70%1.041.2462.20%-0.40%-1.19%
SJ
SCIENJOY HOLDING CORP
$32.26M-2.60%-2.10%-1.84%-4.70%0.262.4613.20%-2.10%-1.52%
CMPR
CIMPRESS PLC
$2.37B-6.90%2.20%16.63%11.60%-4.500.8248.00%1.30%6.42%
FNGR
FINGERMOTION INC
$188.11M-40.00%-30.70%-39.47%-51.50%0.393.549.40%-13.30%-12.36%
GAME
GAMESQUARE HOLDINGS INC
$48.51MN/AN/A-107.38%N/A2.520.6225.90%-60.20%-58.93%
GDC
GD CULTURE GROUP LTD
$5.60M-170.60%-117.70%-114.75%-328.10%0.2522.52N/AN/AN/A
SPOT
SPOTIFY TECHNOLOGY SA
$57.64B-4.40%-1.40%1.39%4.00%1.741.4226.30%-0.80%0.51%
SNAP
SNAP INC
$23.88B-54.40%-17.00%-20.64%-16.60%2.363.7653.30%-27.00%-25.97%
INUV
INUVO INC
$46.50M-56.20%-31.20%-58.17%-3,500.60%0.911.0285.80%-14.10%-14.04%
IMAX
IMAX CORP
$902.47M9.60%3.20%N/A5.10%1.90N/A57.50%7.10%12.66%
ROKU
ROKU INC
$8.12B-23.80%-13.50%-18.56%-47.10%0.762.5843.40%-15.60%-15.32%
SOGP
SOUND GROUP INC
$15.93M7.80%4.50%8.08%-29.30%0.662.3829.60%1.50%1.54%
DIS
WALT DISNEY CO
$206.78B3.00%1.50%3.50%6.90%0.920.8434.30%3.40%6.55%
GTN
GRAY TELEVISION INC
$545.32M-6.30%-1.20%3.49%4.40%4.071.1927.40%-3.90%10.91%
CNET
ZW DATA ACTION TECHNOLOGIES INC
$7.15M-83.30%-50.10%-88.64%-99.20%0.791.84-2.10%-28.90%-28.87%
BRAG
BRAGG GAMING GROUP INC
$139.63M-5.40%-3.70%-1.03%-40.70%0.471.0453.40%-4.10%-0.83%
AMX
AMERICA MOVIL SAB DE CV
$62.23B20.00%4.60%14.48%11.00%3.160.7460.90%9.00%19.36%
AREN
ARENA GROUP HOLDINGS INC
$21.97MN/A-28.30%79.32%-4,646.80%-4.200.3841.80%-22.80%-15.31%
MCHX
MARCHEX INC
$59.81M-26.10%-19.90%-25.54%-115.40%0.322.4558.80%-19.90%-19.32%
TSQ
TOWNSQUARE MEDIA INC
$203.59M-145.50%-6.60%-2.41%-1.90%100.181.7427.50%-9.90%-3.05%
FUBO
FUBOTV INC
$416.31M-78.50%-23.00%-38.39%-163.90%3.340.756.30%-21.00%-20.07%
TBLA
TABOOLACOM LTD
$1.44B-7.60%-4.70%-4.96%-16.00%0.621.3229.60%-5.70%-4.43%
ZDGE
ZEDGE INC
$34.79M-45.80%-37.60%-62.46%-444.40%0.213.7893.20%-59.50%-69.21%
TGNA
TEGNA INC
$2.38B16.30%6.60%11.86%19.00%1.582.4841.00%16.40%26.79%
VEON
VEON LTD
$1.64B63.50%2.80%10.29%6.60%15.380.95107.80%25.30%56.67%
ANGH
ANGHAMI INC
$29.39MN/A-86.70%132.23%124.70%-2.280.4023.10%-49.50%-47.66%
BILI
BILIBILI INC
$5.41B-30.20%-13.50%-30.41%-51.50%1.301.0324.20%-21.40%-20.32%
ONFO
ONFOLIO HOLDINGS INC
$2.76M-102.90%-78.30%-153.86%-3,727.10%0.151.6261.90%-159.80%-156.87%
ZD
ZIFF DAVIS INC
$2.36B2.20%1.20%2.82%6.20%0.832.7685.50%3.00%6.28%
GRPN
GROUPON INC
$454.78MN/A-9.50%-22.75%-27.30%-15.040.6987.50%-10.80%-8.91%
TOON
KARTOON STUDIOS INC
$39.26M-103.10%-49.60%-113.91%-80.50%1.131.258.40%-174.90%-170.01%
QNST
QUINSTREET INC
$950.15M-33.00%-22.60%-11.61%-67.00%0.491.517.70%-14.30%-4.98%
DLX
DELUXE CORP
$892.35M4.30%0.90%7.31%7.80%4.100.9353.00%1.20%7.54%
SOHU
SOHUCOM LTD
$377.75M-2.80%-1.60%1.95%2.90%0.783.2675.70%-5.10%5.00%
WMG
WARNER MUSIC GROUP CORP
$16.78B143.40%5.50%15.42%19.30%18.090.7047.70%7.40%12.85%
GIGM
GIGAMEDIA LTD
$14.91M-7.40%-6.90%-8.00%-39.50%0.0814.1057.00%-80.70%-80.68%
GXAI
GAXOSAI INC
$5.46M-85.30%-81.30%-115.24%-123.70%0.0813.49100.00%-1,542,225.40%-1,542,225.39%
MYPS
PLAYSTUDIOS INC
$305.11M-6.50%-5.50%-0.79%-4.00%0.273.8075.00%-6.20%-0.81%
TEF
TELEFONICA S A
$25.88B-3.80%-0.80%N/A1.10%4.77N/A67.30%-2.20%3.01%
KORE
KORE GROUP HOLDINGS INC
$64.89M-153.30%-26.50%-24.97%-29.70%14.881.3753.50%-60.40%-46.26%
BAOS
BAOSHENG MEDIA GROUP HOLDINGS LTD
$4.99M-32.40%-26.50%-40.21%-35.80%0.244.0463.80%-504.20%-503.45%
RSVR
RESERVOIR MEDIA INC
$589.88M0.10%0.00%2.70%4.90%1.251.2662.00%0.10%14.06%
TTGT
TECHTARGET INC
$785.03M2.10%0.60%0.42%0.50%2.1410.0467.20%1.90%1.20%
MATH
METALPHA TECHNOLOGY HOLDING LTD
$45.64M-192.20%-51.10%-235.41%-356.30%5.521.1835.50%-361.10%-357.17%
SKLZ
SKILLZ INC
$130.83M-96.30%-46.00%-63.46%-72.50%0.885.4189.70%-148.30%-140.89%
RBBN
RIBBON COMMUNICATIONS INC
$539.81M-14.50%-5.70%-3.49%-5.40%1.531.2349.40%-8.00%-3.39%
ADD
COLOR STAR TECHNOLOGY CO LTD
$3.43M-103.50%-90.70%-153.11%-232.80%0.223.01N/AN/AN/A
FLNT
FLUENT INC
$40.11M-125.80%-47.20%-95.97%-118.00%2.251.5926.30%-21.20%-20.15%
SKM
SK TELECOM CO LTD
$8.12B9.50%3.60%8.49%7.10%1.570.9474.80%6.20%11.15%
RDI
READING INTERNATIONAL INC
$36.89M-70.80%-5.60%-2.63%-1.40%15.110.3111.90%-13.80%-4.79%
BHAT
BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY
$17.88M-68.40%-22.70%-36.45%-48.50%1.751.265.60%-14.60%-11.62%
PROP
PRAIRIE OPERATING CO
$143.22MN/A-290.90%-196.09%-559.60%0.142.5064.50%-5,115.80%-5,107.87%
UONE
URBAN ONE INC
$100.69M5.40%1.20%7.68%9.20%3.203.7372.10%3.00%17.05%
ADV
ADVANTAGE SOLUTIONS INC
$1.45B-5.80%-1.60%2.27%2.80%2.421.8713.40%-1.50%1.74%
LILA
LIBERTY LATIN AMERICA LTD
$1.55B-4.00%-0.50%4.82%4.20%6.401.1377.40%-1.60%12.25%
AENT
ALLIANCE ENTERTAINMENT HOLDING CORP
$227.41M-8.40%-1.70%3.64%4.90%3.841.3511.70%-0.60%0.65%
BREA
BRERA HOLDINGS PLC
$16.02M-124.10%-83.20%-53.06%81,797.40%0.256.0743.10%-2,410.60%-2,412.24%
MGOL
MGO GLOBAL INC
$3.60M-178.40%-159.60%-774.94%-1,598.20%0.871.4662.40%-133.30%-133.27%
BATRA
ATLANTA BRAVES HOLDINGS INC
$2.55B-32.60%-8.30%-7.20%-6.30%1.820.9323.30%-19.60%-14.28%
GSAT
GLOBALSTAR INC
$2.45B-10.20%-4.00%-2.62%-2.20%1.440.8169.00%-15.80%-8.75%
CMLS
CUMULUS MEDIA INC
$44.69M-32.90%-7.80%-2.27%-2.10%4.032.0060.80%-14.00%-3.48%
TIMB
TIM SA
$8.27B6.60%N/AN/AN/A1.220.7950.50%7.80%20.83%
GAIA
GAIA INC
$90.35M-6.70%-4.30%-5.34%-6.50%0.510.5185.50%-7.20%-6.56%
CNVS
CINEVERSE CORP
$11.33M-22.80%-11.70%-18.13%-195.90%0.900.9954.50%-19.50%-16.29%
CNK
CINEMARK HOLDINGS INC
$2.15B75.80%3.90%9.52%7.30%14.581.4538.60%6.10%12.75%
LBTYA
LIBERTY GLOBAL LTD
$6.17B-19.30%-9.40%-7.93%-7.00%1.211.3068.20%-54.10%-39.97%
ZG
ZILLOW GROUP INC
$10.07B-3.50%-2.40%-2.08%-3.30%0.473.2478.40%-8.10%-6.07%
WBD
WARNER BROS DISCOVERY INC
$19.79B-6.90%-2.50%-1.57%-3.10%1.690.9340.60%-7.60%-4.09%
DGLY
DIGITAL ALLY INC
$5.50M-127.40%-49.60%-92.13%-140.60%3.300.6920.40%-90.90%-79.84%
SCOR
COMSCORE INC
$66.33M-104.20%-18.20%-24.74%-407.00%4.410.5444.60%-25.80%-20.57%
CCO
CLEAR CHANNEL OUTDOOR HOLDINGS INC
$696.56MN/A-6.50%2.43%1.00%-2.361.0848.60%-14.60%4.39%
GETY
GETTY IMAGES HOLDINGS INC
$1.59B3.30%0.80%4.60%6.40%3.030.8572.70%2.10%10.88%
UPXI
UPEXI INC
$10.38M-70.30%-31.40%-54.28%-44.10%1.440.9337.50%-22.80%-22.56%
TEO
TELECOM ARGENTINA SA
$3.44B-17.40%-7.20%0.88%1.50%1.490.4565.80%-12.50%1.86%
BZFD
BUZZFEED INC
$56.42M-68.90%-20.10%-38.60%-24.60%2.760.5843.70%-35.10%-28.06%
ASST
ASSET ENTITIES INC
$5.50M-111.60%-107.60%-168.74%6,224.60%0.0519.3036.20%-1,780.00%-1,779.97%
BODI
BEACHBODY COMPANY INC
$62.98M-105.20%-42.70%-128.75%-582.20%2.350.7261.30%-29.00%-27.27%
MSGM
MOTORSPORT GAMES INC
$8.83M-292.40%-92.20%-566.74%285.60%2.520.4647.60%-188.90%-177.70%

Communication Service Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
42+0.71%+3.52%-4.67%+8.25%29.41x3.41x+24.65%+3.22%+11.88%+32.30%Strong Buy
13-0.25%-1.28%-0.63%-27.57%3.03x0.65x-5.46%-2.52%+4.78%+58.95%Buy
22+0.84%+2.28%-2.58%+3.12%7.19x4.07x-101.72%+3.73%+5.55%+28.09%Strong Buy
45-0.69%+0.47%-5.34%+13.75%35.95x2.64x-2.72%+5.70%+10.62%+24.74%Buy
66+2.17%+1.98%-3.24%+34.57%10.38x6.51x+26.50%+18.86%+26.25%+24.66%Buy
53+0.33%-0.58%-6.31%-18.76%117.09x1.56x+0.28%+3.86%+8.24%+40.46%Buy

Communication Service Stocks FAQ

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

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 68, which is 41 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 24.6% over the past year, overperforming other communication service stocks by 20 percentage points.

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 47.93% over the past year, overperforming other communication service stocks by 43 percentage points.

Interdigital has an average 1 year price target of $100.00, a downside of -0.7% from Interdigital's current stock price of $100.71.

Interdigital stock has a consensus Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Interdigital, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 100% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Cogent Communications Holdings (NASDAQ:CCOI)


Cogent Communications Holdings (NASDAQ:CCOI) is the third best communication service stock with a Zen Score of 64, which is 37 points higher than the communication service sector average of 27. It passed 24 out of 38 due diligence checks and has strong fundamentals. Cogent Communications Holdings has seen its stock lose -1.02% over the past year, underperforming other communication service stocks by -6 percentage points.

Cogent Communications Holdings has an average 1 year price target of $82.00, an upside of 24.64% from Cogent Communications Holdings's current stock price of $65.79.

Cogent Communications Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Cogent Communications Holdings, 33.33% have issued a Strong Buy rating, 16.67% 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 51 communication service stocks that have issued dividends in the past year, the 3 communication service stocks with the highest dividend yields are:

1. Crexendo (NASDAQ:CXDO)


Crexendo (NASDAQ:CXDO) has an annual dividend yield of N/A, which is N/A percentage points lower than the communication service sector average of 6.48%. Crexendo's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Crexendo's dividend has not shown consistent growth over the last 10 years.

Crexendo's dividend payout ratio of -50% indicates that its dividend yield might not be sustainable for the long-term.

2. Trivago Nv (NASDAQ:TRVG)


Trivago Nv (NASDAQ:TRVG) has an annual dividend yield of 110.83%, which is 104 percentage points higher than the communication service sector average of 6.48%.

Trivago Nv's dividend payout ratio of -108.3% 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 18.98%, which is 12 percentage points higher than the communication service sector average of 6.48%.

Weibo's dividend payout ratio of 115.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication service stocks up?

Communication service stocks were up 0.64% in the last day, and up 1.04% over the last week. Snap was the among the top gainers in the communication services sector, gaining 27.63% yesterday.

Snap shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates. Also, the company reported a year-over-year increase in Q1 daily active users.

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 41.48% in the past year. It has overperformed other stocks in the communication service sector by 37 percentage points.

2. Nexstar Media Group (NASDAQ:NXST)


Nexstar Media Group (NASDAQ:NXST) is the second 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 dropped -6.18% in the past year. It has underperformed other stocks in the communication service sector by -11 percentage points.

3. Opera (NASDAQ:OPRA)


Opera (NASDAQ:OPRA) is the third most undervalued communication service stock based on WallStreetZen's Valuation Score. Opera 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.

Opera's stock has gained 17.43% in the past year. It has overperformed other stocks in the communication service sector by 12 percentage points.

Are communication service stocks a good buy now?

42.66% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 29.59% 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 33.88x.
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.