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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
IDCC	INTERDIGITAL INC	$98.73	704,399	128.19%	98.51	97.50	102.26	104.33	95.18	46.87	80.66	88.37	86.06	95.35	-0.54	-1.21	0.67	1.11
CCOI	COGENT COMMUNICATIONS HOLDINGS INC	$64.18	323,812	-8.55%	64.30	64.09	67.48	70.91	68.02	46.05	79.79	85.88	85.00	94.79	-0.38	-0.84	0.45	0.74
OPRA	OPERA LTD	$12.48	1,305,709	57.78%	13.92	14.62	14.34	13.07	13.38	33.55	6.86	13.18	0.00	2.41	-0.42	-0.12	-0.31	1.04
BIDU	BAIDU INC	$103.40	3,442,664	-63.42%	98.97	100.67	103.01	106.71	117.67	54.52	73.36	64.81	92.41	93.96	-0.57	-1.41	0.84	1.05
DRCT	DIRECT DIGITAL HOLDINGS INC	$5.24	57,811	-40.81%	6.43	8.48	16.92	14.62	9.09	26.11	2.87	4.02	0.00	0.00	-3.34	-3.41	0.07	1.33
GRVY	GRAVITY CO LTD	$65.30	22,403	-6.79%	66.76	69.23	71.33	70.24	69.78	32.84	8.67	11.51	8.89	13.30	-1.58	-1.30	-0.28	0.87
PERI	PERION NETWORK LTD	$12.59	633,156	-13.56%	11.68	13.42	18.88	23.78	27.31	31.34	58.88	44.28	100.00	94.96	-2.26	-2.61	0.35	1.29
GMM	GLOBAL MOFY METAVERSE LTD	$1.48	80,048,799	22,707.03%	1.67	1.60	1.74	1.68	N/A	49.77	39.58	39.31	81.45	81.73	-0.00	-0.02	0.02	-1.43
CMCSA	COMCAST CORP	$38.11	19,978,033	36.23%	39.34	39.78	41.43	42.53	43.24	34.28	44.35	40.91	47.80	44.18	-0.86	-0.77	-0.09	0.86
NTES	NETEASE INC	$93.47	1,145,365	-2.48%	93.81	94.84	101.85	100.28	102.91	41.71	56.66	53.52	88.79	89.63	-1.95	-2.48	0.53	0.80
ATHM	AUTOHOME INC	$25.70	549,446	77.44%	24.99	25.54	26.05	26.17	27.54	51.17	51.67	45.90	80.55	68.84	-0.21	-0.31	0.10	0.81
MOMO	HELLO GROUP INC	$5.83	1,563,683	53.20%	5.73	5.78	6.20	6.33	7.21	48.31	66.84	56.71	92.99	88.68	-0.10	-0.14	0.05	1.01
GOOGL	ALPHABET INC	$162.78	33,518,698	-25.50%	159.61	157.40	148.60	145.04	138.57	58.65	67.49	71.43	54.74	53.40	4.00	3.43	0.57	1.14
IPG	INTERPUBLIC GROUP OF COMPANIES INC	$30.44	3,673,991	0.35%	30.93	31.04	31.83	32.10	31.56	39.24	63.80	70.05	77.47	88.20	-0.26	-0.32	0.06	1.15
CABO	CABLE ONE INC	$393.85	89,294	15.47%	397.37	395.94	425.67	480.01	552.23	42.48	49.03	46.82	72.87	68.75	-9.56	-11.91	2.35	0.93
NFLX	NETFLIX INC	$550.64	3,350,024	33.81%	570.29	596.39	602.91	556.56	488.87	35.84	16.58	19.07	24.13	25.74	-14.71	-8.59	-6.12	1.04
YELP	YELP INC	$40.24	693,016	44.75%	40.03	40.20	38.92	41.95	42.54	52.77	68.17	62.39	76.27	69.63	0.24	0.18	0.06	1.31
DDI	DOUBLEDOWN INTERACTIVE CO LTD	$10.28	25,301	46.70%	10.73	10.39	11.84	10.34	9.50	43.98	51.68	64.39	61.43	74.99	-0.21	-0.31	0.10	0.39
NCMI	NATIONAL CINEMEDIA INC	$4.28	374,915	0.31%	4.49	4.78	4.61	4.35	4.19	37.00	8.91	15.90	4.30	14.26	-0.10	-0.04	-0.07	1.31
WB	WEIBO CORP	$8.62	1,078,675	-0.37%	8.32	8.43	8.89	9.12	10.86	50.65	74.82	67.20	93.39	95.78	-0.10	-0.21	0.10	0.88
PINS	PINTEREST INC	$33.45	13,039,558	105.29%	33.05	33.49	34.46	35.79	32.03	47.44	80.49	68.40	87.97	73.11	-0.38	-0.51	0.13	1.55
LDWY	LENDWAY INC	$6.12	2,166	1,220.73%	6.25	6.29	5.83	5.25	5.50	49.56	28.47	33.90	13.50	19.46	0.10	0.15	-0.05	0.46
STCN	STEEL CONNECT INC	$12.49	4,981	-60.63%	11.61	10.48	9.55	9.48	9.80	78.94	97.16	95.42	99.25	98.61	0.85	0.63	0.22	0.27
VOD	VODAFONE GROUP PUBLIC LTD CO	$8.41	5,662,249	17.59%	8.52	8.52	8.66	8.65	9.03	44.62	69.45	77.45	75.79	84.36	-0.02	-0.05	0.02	0.80
SGA	SAGA COMMUNICATIONS INC	$22.79	4,096	38.24%	22.86	22.54	22.90	22.98	21.89	51.22	79.92	84.77	74.63	88.11	0.09	-0.01	0.10	0.72
LYV	LIVE NATION ENTERTAINMENT INC	$88.91	2,360,927	66.74%	89.74	95.51	98.48	94.24	89.83	32.48	12.98	10.80	32.61	26.58	-3.29	-2.62	-0.67	1.23
IAS	INTEGRAL AD SCIENCE HOLDING CORP	$9.59	2,037,071	102.90%	17.82	18.61	19.15	19.98	20.16	35.68	17.31	12.13	25.33	16.85	-0.61	-0.48	-0.13	1.50
OMC	OMNICOM GROUP INC	$92.84	1,481,805	-12.97%	94.19	93.29	92.49	89.81	84.20	47.73	68.36	81.65	63.70	82.07	0.65	0.50	0.15	0.91
AMCX	AMC NETWORKS INC	$10.62	455,880	21.54%	10.95	10.98	11.88	14.84	13.76	39.95	50.73	62.62	61.94	72.23	-0.35	-0.44	0.09	1.05
UCL	UCLOUDLINK GROUP INC	$1.50	11,621	18.93%	1.41	1.47	1.54	1.64	1.98	51.15	38.78	28.47	72.95	57.46	-0.03	-0.04	0.01	0.75
EDR	ENDEAVOR GROUP HOLDINGS INC	$26.41	5,987,994	113.62%	26.43	26.41	25.42	24.73	23.65	60.21	59.91	56.69	21.41	26.11	0.27	0.33	-0.06	0.87
CRTO	CRITEO SA	$35.04	321,079	31.80%	35.61	35.21	34.43	30.24	29.33	49.95	62.86	73.04	58.20	73.19	0.50	0.49	0.01	0.96
SSTK	SHUTTERSTOCK INC	$42.71	440,879	95.00%	42.00	42.28	45.53	46.42	44.28	46.21	70.67	58.95	92.95	89.86	-0.86	-1.19	0.33	0.96
FVRR	FIVERR INTERNATIONAL LTD	$20.51	569,105	-1.28%	20.21	20.15	21.55	24.42	25.29	48.00	66.65	62.34	89.73	92.55	-0.33	-0.56	0.23	1.40
ORAN	ORANGE	$11.09	659,598	99.17%	11.35	11.34	11.48	11.61	11.60	40.78	19.46	24.47	38.93	41.61	-0.08	-0.06	-0.02	0.48
GDEV	GDEV INC	$2.23	149	2,383.33%	2.24	2.25	2.27	2.25	3.09	46.59	61.90	55.41	38.23	43.78	-0.01	-0.01	-0.00	0.14
META	META PLATFORMS INC	$430.17	17,849,359	-16.75%	469.58	491.59	492.55	438.47	374.21	29.10	18.92	22.84	0.98	3.90	-14.06	-4.83	-9.23	1.31
CHTR	CHARTER COMMUNICATIONS INC	$255.94	1,592,954	32.02%	260.87	263.60	279.80	319.04	369.76	36.21	56.60	47.14	51.15	50.82	-7.27	-7.81	0.54	0.79
XNET	XUNLEI LTD	$1.53	56,427	-13.97%	1.53	1.52	1.51	1.52	1.60	51.19	66.78	68.90	75.32	91.77	0.02	0.01	0.01	1.22
SIRI	SIRIUS XM HOLDINGS INC	$2.94	41,903,751	84.30%	3.09	3.23	3.80	4.52	4.58	25.71	18.11	16.87	76.16	76.35	-0.23	-0.25	0.02	0.87
JFIN	JIAYIN GROUP INC	$6.28	56,837	43.15%	6.41	6.49	6.43	5.93	5.69	44.27	52.13	54.47	49.56	53.48	-0.04	-0.01	-0.03	1.36
MCS	MARCUS CORP	$13.04	394,216	40.08%	13.29	13.41	13.99	14.06	14.69	36.32	45.80	54.81	63.84	74.89	-0.20	-0.22	0.02	1.11
NCTY	THE9 LTD	$6.98	39,640	346.80%	6.50	6.36	5.94	6.24	6.69	63.91	89.86	90.32	99.20	99.73	0.26	0.17	0.08	1.07
VZ	VERIZON COMMUNICATIONS INC	$39.49	19,626,331	0.97%	39.67	40.35	40.40	39.92	36.94	44.34	38.74	33.27	83.10	66.71	-0.33	-0.27	-0.07	0.44
CHR	CHEER HOLDING INC	$2.84	6,964	48.42%	2.65	2.60	2.58	2.76	3.43	60.23	71.11	63.60	79.12	72.24	0.05	0.02	0.03	0.33
ABLV	ABLE VIEW GLOBAL INC	$1.37	19,404	-69.79%	1.58	1.83	2.44	2.58	3.60	24.99	8.34	7.59	10.02	19.97	-0.28	-0.26	-0.01	0.16
LGCL	LUCAS GC LTD	$2.80	1,069,870	8.60%	3.68	3.13	N/A	N/A	N/A	54.68	57.95	54.78	90.75	86.96	N/A	N/A	N/A	-0.12
SHEN	SHENANDOAH TELECOMMUNICATIONS CO	$12.82	244,933	52.74%	13.93	14.72	16.75	18.67	20.21	21.62	2.90	8.37	8.07	27.23	-1.02	-0.95	-0.07	0.87
RDCM	RADCOM LTD	$8.80	20,236	50.46%	8.87	9.45	10.19	9.43	9.05	36.80	9.84	5.88	50.80	38.09	-0.48	-0.43	-0.05	0.39
TME	TENCENT MUSIC ENTERTAINMENT GROUP	$12.55	7,494,752	39.29%	12.18	11.86	11.09	10.05	8.49	64.28	92.38	95.94	86.30	95.43	0.47	0.38	0.09	0.80
TZOO	TRAVELZOO	$8.91	230,084	98.15%	8.83	9.21	9.53	9.34	8.22	45.20	25.24	18.79	31.70	12.67	-0.31	-0.24	-0.07	1.17
TU	TELUS CORP	$16.07	1,405,812	-43.23%	16.02	16.02	16.58	17.26	17.23	46.63	74.19	68.75	81.89	81.70	-0.11	-0.17	0.06	0.71
HAO	HAOXI HEALTH TECHNOLOGY LTD	$7.34	302,207	3,880.07%	17.52	17.52	17.32	N/A	N/A	47.92	48.22	44.44	40.59	39.82	-0.01	0.01	-0.02	-2.80
GENI	GENIUS SPORTS LTD	$5.04	1,291,297	-11.39%	5.15	5.40	5.91	6.12	6.01	35.20	17.06	18.10	54.86	48.03	-0.22	-0.24	0.01	1.62
ATEX	ANTERIX INC	$31.52	154,587	21.71%	31.81	32.23	34.50	33.51	32.49	39.28	34.25	37.14	82.80	86.47	-0.55	-0.63	0.08	0.87
SEAT	VIVID SEATS INC	$5.26	1,473,103	-11.57%	5.77	5.73	5.77	5.98	6.55	35.52	36.24	64.29	36.79	67.82	-0.03	0.00	-0.03	1.01
OB	OUTBRAIN INC	$4.05	85,058	155.23%	10.62	10.74	10.95	11.48	11.31	58.05	69.11	44.80	97.38	72.53	-0.08	-0.15	0.06	1.43
LBRDA	LIBERTY BROADBAND CORP	$50.13	112,426	8.61%	49.83	50.26	54.87	64.59	76.49	39.09	63.05	50.94	88.19	86.06	-1.58	-2.01	0.43	0.87
TLK	PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK	$19.45	379,093	8.77%	19.41	20.23	22.94	24.23	24.15	28.25	19.67	12.04	83.79	55.06	-1.09	-1.14	0.05	0.61
GOGO	GOGO INC	$9.06	1,300,793	-4.99%	8.69	8.57	8.61	9.07	10.62	58.02	89.04	86.76	89.77	96.59	0.11	-0.00	0.11	1.04
CHT	CHUNGHWA TELECOM CO LTD	$37.71	67,065	-29.76%	38.11	38.49	38.52	38.37	37.47	40.11	12.83	12.82	29.67	26.70	-0.21	-0.13	-0.08	0.24
DOYU	DOUYU INTERNATIONAL HOLDINGS LTD	$8.58	40,474	11.45%	8.34	8.00	7.63	7.81	8.78	64.84	87.03	87.63	91.98	90.38	0.29	0.22	0.07	1.05
KIND	NEXTDOOR HOLDINGS INC	$2.04	678,770	-24.47%	2.02	2.05	2.10	1.91	1.99	48.45	49.33	47.94	54.96	54.15	-0.02	-0.02	0.00	1.81
BCE	BCE INC	$32.85	2,061,146	37.62%	32.74	32.73	34.47	37.15	38.62	43.05	54.12	56.67	74.41	75.02	-0.45	-0.62	0.17	0.66
IRDM	IRIDIUM COMMUNICATIONS INC	$30.79	1,809,188	-10.86%	28.80	27.02	27.43	32.62	38.93	67.84	90.45	94.47	93.33	97.78	0.98	0.22	0.77	1.15
IDT	IDT CORP	$35.54	57,951	-3.82%	36.29	36.61	37.07	35.45	30.52	36.24	19.93	28.83	26.40	41.58	-0.30	-0.20	-0.10	1.21
IBTA	IBOTTA INC	$102.27	78,587	-25.20%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	4.08
PGRU	PROPERTYGURU GROUP LTD	$3.82	32,669	-76.45%	3.70	3.73	3.62	3.49	3.72	56.07	33.33	27.78	47.87	32.26	0.02	0.03	-0.01	0.28
SPHR	SPHERE ENTERTAINMENT CO	$38.86	585,590	132.72%	39.91	42.10	44.36	39.50	38.01	36.88	26.79	30.50	60.24	64.24	-1.49	-1.28	-0.21	0.99
STBX	STARBOX GROUP HOLDINGS LTD	$0.19	117,835	101.85%	0.20	0.21	0.26	0.25	1.01	34.21	9.06	8.86	29.65	26.90	-0.02	-0.02	-0.00	0.62
T	AT&T INC	$16.89	31,531,879	-25.60%	16.58	16.72	16.95	16.94	15.95	52.22	74.18	64.87	94.99	91.07	-0.08	-0.15	0.06	0.67
NWSA	NEWS CORP	$23.80	4,483,649	127.99%	24.22	24.65	25.53	24.88	22.80	31.35	14.31	16.20	41.70	47.62	-0.42	-0.39	-0.02	1.02
TWLO	TWILIO INC	$59.88	1,778,611	8.54%	59.67	60.15	60.14	66.07	63.06	47.27	63.66	63.62	88.31	90.18	-0.29	-0.48	0.20	1.29
MGNI	MAGNITE INC	$8.83	904,984	-10.90%	8.83	9.17	10.19	9.69	9.31	39.90	46.68	42.07	90.36	89.84	-0.36	-0.41	0.05	1.97
USM	UNITED STATES CELLULAR CORP	$36.36	170,984	37.31%	35.76	35.64	35.26	38.67	38.59	53.06	82.26	82.77	90.10	90.60	0.10	-0.11	0.22	0.66
NXST	NEXSTAR MEDIA GROUP INC	$160.06	225,999	0.33%	161.90	163.22	164.55	164.56	158.76	45.13	45.21	41.65	56.90	52.73	-1.22	-1.15	-0.06	1.33
DASH	DOORDASH INC	$129.26	2,836,805	-1.23%	129.32	133.18	131.46	118.31	100.58	45.50	40.56	35.25	39.55	32.28	-0.88	-0.26	-0.62	2.00
WPP	WPP PLC	$50.35	142,889	6.29%	49.60	48.38	46.94	47.36	47.11	63.28	89.53	94.06	82.30	92.20	1.10	0.80	0.29	1.11
CTV	INNOVID CORP	$2.25	452,691	230.70%	2.29	2.32	2.16	1.82	1.50	49.02	46.64	43.19	28.48	27.74	0.03	0.05	-0.02	0.76
RCI	ROGERS COMMUNICATIONS INC	$37.47	541,064	-15.59%	38.32	38.70	41.45	43.96	42.39	32.42	19.42	23.16	55.04	56.53	-0.98	-1.07	0.09	0.66
EA	ELECTRONIC ARTS INC	$126.82	1,780,487	36.73%	127.15	128.23	132.98	135.50	131.30	37.36	43.14	42.46	90.67	92.35	-1.53	-1.80	0.27	0.61
PLTK	PLAYTIKA HOLDING CORP	$7.25	684,491	-31.90%	7.05	7.01	7.07	7.49	8.58	58.09	84.50	81.31	100.00	94.78	0.03	-0.02	0.05	1.43
IAC	IAC INC	$47.56	518,890	3.07%	48.27	49.30	51.85	51.70	52.22	36.82	29.12	27.18	77.43	73.27	-1.01	-1.06	0.05	1.42
TMUS	T-MOBILE US INC	$164.17	4,118,691	19.35%	162.95	161.91	162.60	161.63	151.42	63.07	82.42	82.84	96.12	96.24	0.58	0.15	0.43	0.75
YY	JOYY INC	$32.62	375,329	20.50%	32.90	33.29	32.31	33.30	35.31	48.62	44.88	46.63	53.18	54.05	0.19	0.22	-0.03	1.08
ZH	ZHIHU INC	$0.68	621,896	-52.25%	0.65	0.68	0.72	0.79	0.92	48.47	56.97	49.93	93.62	88.49	-0.02	-0.02	0.00	1.72
TKC	TURKCELL ILETISIM HIZMETLERI A S	$6.10	306,780	20.47%	5.87	5.73	5.38	5.27	5.04	74.33	89.59	90.20	98.77	95.59	0.19	0.16	0.03	0.57
RBLX	ROBLOX CORP	$35.56	3,243,002	-43.63%	35.72	36.81	38.35	40.30	36.63	42.51	33.89	29.64	48.40	41.00	-0.78	-0.80	0.01	2.04
MTCH	MATCH GROUP INC	$30.82	4,395,968	64.20%	31.82	32.71	34.26	35.12	37.27	31.96	10.21	12.98	15.64	18.69	-0.93	-0.84	-0.09	1.20
UBXG	U-BX TECHNOLOGY LTD	$4.52	13,814	693.45%	19.69	19.78	20.08	19.85	19.45	45.82	28.27	16.99	60.45	43.08	-0.13	-0.13	-0.00	-1.81
AGAE	ALLIED GAMING & ENTERTAINMENT INC	$0.85	41,883	134.19%	0.82	0.88	0.93	1.04	0.97	45.48	19.84	16.72	49.86	39.79	-0.04	-0.04	-0.00	0.80
ATUS	ALTICE USA INC	$1.93	1,917,284	-0.60%	1.97	2.15	2.40	2.44	2.71	37.50	34.96	29.87	75.20	62.35	-0.14	-0.14	0.00	1.22
PHI	PLDT INC	$23.75	48,368	42.17%	23.37	23.65	23.80	23.40	22.63	50.61	71.01	57.88	86.70	74.83	-0.09	-0.14	0.05	0.47
BHAT	BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY	$1.23	242,335	24.53%	1.12	1.09	1.09	1.08	1.20	63.13	94.96	94.96	100.00	99.08	0.03	0.01	0.02	0.53
ADTH	ADTHEORENT HOLDING COMPANY INC	$3.26	899,297	-7.86%	3.22	3.22	3.16	2.61	1.96	55.28	61.90	63.52	79.79	85.52	0.02	0.03	-0.00	0.53
GMGI	GOLDEN MATRIX GROUP INC	$3.59	86,028	49.67%	3.61	3.17	3.04	2.80	2.68	55.75	78.68	84.08	72.07	82.11	0.25	0.16	0.08	0.45
TRUE	TRUECAR INC	$2.64	196,913	3.59%	2.86	2.99	3.27	3.34	2.81	31.57	9.02	11.05	46.14	51.87	-0.16	-0.14	-0.01	0.90
FOXA	FOX CORP	$31.01	3,475,785	35.52%	31.29	31.07	30.34	30.41	31.04	50.90	68.32	77.35	55.45	71.90	0.26	0.26	-0.00	0.81
VIV	TELEFONICA BRASIL SA	$9.24	1,609,450	80.21%	9.35	9.62	10.16	10.38	9.75	31.60	19.63	19.40	72.19	58.71	-0.24	-0.25	0.01	0.64
NEXN	NEXXEN INTERNATIONAL LTD	$5.41	62,019	599.44%	5.60	5.48	5.24	5.06	4.76	49.57	46.86	54.27	30.79	25.11	0.11	0.13	-0.02	1.38

Communication Service Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Advertising Agencies	42	-2.34%	-2.96%	-6.12%	-0.65%	29.07x	3.33x	+24.42%	+3.16%	+11.80%	+36.01%	Strong Buy
Broadcasting	13	-1.02%	-0.99%	-2.98%	-29.27%	2.98x	0.65x	-5.57%	-2.55%	+5.00%	+57.88%	Buy
Electronic Gaming & Multimedia	22	-1.83%	-0.58%	-5.26%	-5.57%	7.10x	3.99x	-102.49%	+3.70%	+6.35%	+30.55%	Strong Buy
Entertainment	45	-1.73%	-2.81%	-6.29%	+9.14%	34.77x	2.60x	-2.74%	+5.71%	+10.58%	+25.88%	Buy
Internet Content & Information	66	-1.14%	-3.13%	-5.09%	+25.63%	14.73x	6.23x	+26.43%	+18.81%	+26.20%	+27.52%	Buy
Telecom Services	53	-1.29%	-2.09%	-5.24%	-24.16%	119.76x	1.56x	-0.33%	+3.86%	+8.31%	+37.30%	Buy

Communication Service Stocks FAQ

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

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

1. Interdigital (NASDAQ:IDCC)

Interdigital (NASDAQ:IDCC) 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 24 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 46.05% over the past year, overperforming other communication service stocks by 48 percentage points.

Interdigital has an average 1 year price target of $100.00, an upside of 1.29% from Interdigital's current stock price of $98.73.

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.

2. Cogent Communications Holdings (NASDAQ:CCOI)

Cogent Communications Holdings (NASDAQ:CCOI) is the second 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 -7.21% over the past year, underperforming other communication service stocks by -5 percentage points.

Cogent Communications Holdings has an average 1 year price target of $82.00, an upside of 27.77% from Cogent Communications Holdings's current stock price of $64.18.

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.

3. Opera (NASDAQ:OPRA)

Opera (NASDAQ:OPRA) is the third best communication service stock with a Zen Score of 62, which is 35 points higher than the communication service sector average of 27. It passed 22 out of 38 due diligence checks and has strong fundamentals. Opera has seen its stock return 7.96% over the past year, overperforming other communication service stocks by 10 percentage points.

Opera has an average 1 year price target of $20.75, an upside of 66.27% from Opera's current stock price of $12.48.

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.

What are the communication service stocks with highest dividends?

Out of 50 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 110.4%, which is 104 percentage points higher than the communication service sector average of 6.54%.

Trivago Nv's dividend payout ratio of -101.1% indicates that its high dividend yield might not be sustainable for the long-term.

2. Weibo (NASDAQ:WB)

Weibo (NASDAQ:WB) has an annual dividend yield of 19.37%, which is 13 percentage points higher than the communication service sector average of 6.54%.

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

3. Saga Communications (NASDAQ:SGA)

Saga Communications (NASDAQ:SGA) has an annual dividend yield of 15.8%, which is 9 percentage points higher than the communication service sector average of 6.54%. 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.

Why are communication service stocks down?

Communication service stocks were down -1.51% in the last day, and down -2.52% over the last week. Warner Bros Discovery was the among the top losers in the communication services sector, dropping -9.69% yesterday.

Warner Bros. Discovery shares are trading lower on reports NBCUniversal is preparing an offer that could take NBA rights from TNT.

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 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 24.61% in the past year. It has overperformed other stocks in the communication service sector by 26 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 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has dropped -7.78% in the past year. It has underperformed other stocks in the communication service sector by -6 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 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Opera's stock has gained 7.96% 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?

43.36% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 30.68% 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 37.68x.

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.

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.

Communication Service Industries

Communication Service Stocks FAQ

1. Interdigital (NASDAQ:IDCC)

2. Cogent Communications Holdings (NASDAQ:CCOI)

3. Opera (NASDAQ:OPRA)

1. Trivago Nv (NASDAQ:TRVG)

2. Weibo (NASDAQ:WB)

3. Saga Communications (NASDAQ:SGA)

1. Doubledown Interactive Co (NASDAQ:DDI)

2. Nexstar Media Group (NASDAQ:NXST)

3. Opera (NASDAQ:OPRA)

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