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	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
GRVY	GRAVITY CO LTD	$462.87M	31.30%	24.20%	38.93%	64.80%	0.25	5.14	33.20%	18.20%	25.32%
IDCC	INTERDIGITAL INC	$2.57B	36.00%	12.00%	31.75%	24.90%	2.05	1.33	50.00%	39.00%	51.39%
CCOI	COGENT COMMUNICATIONS HOLDINGS INC	$3.12B	488.70%	49.30%	46.73%	36.30%	4.27	1.38	42.20%	135.30%	140.95%
OPRA	OPERA LTD	$1.17B	17.60%	15.90%	17.62%	60.30%	0.11	2.10	75.60%	37.10%	39.14%
DRCT	DIRECT DIGITAL HOLDINGS INC	$81.06M	100.70%	7.10%	26.51%	28.10%	12.56	1.16	25.20%	3.10%	6.11%
PERI	PERION NETWORK LTD	$571.58M	17.80%	12.50%	15.83%	47.80%	0.50	2.14	36.70%	15.80%	15.71%
GMM	GLOBAL MOFY METAVERSE LTD	$25.12M	52.70%	36.80%	36.38%	127.40%	0.30	3.11	54.00%	24.40%	28.92%
BIDU	BAIDU INC	$35.25B	8.50%	5.00%	8.24%	8.20%	0.59	3.01	51.70%	15.10%	20.22%
NTES	NETEASE INC	$61.64B	25.20%	16.70%	25.83%	117.80%	0.47	2.65	60.90%	28.40%	32.97%
MOMO	HELLO GROUP INC	$1.09B	17.30%	12.20%	18.75%	27.00%	0.36	3.74	41.50%	16.30%	22.08%
GOOGL	ALPHABET INC	$2.12T	29.50%	20.70%	29.10%	33.60%	0.39	2.15	57.10%	25.90%	30.22%
IPG	INTERPUBLIC GROUP OF COMPANIES INC	$11.88B	28.60%	6.10%	18.59%	28.30%	3.50	1.06	16.90%	10.00%	15.04%
CMCSA	COMCAST CORP	$151.33B	18.60%	5.90%	11.07%	14.30%	2.19	0.60	100.00%	12.60%	20.27%
ATHM	AUTOHOME INC	$3.14B	7.80%	6.10%	7.79%	10.60%	0.24	5.03	80.30%	26.20%	27.94%
CABO	CABLE ONE INC	$2.19B	14.90%	3.90%	7.94%	7.90%	2.66	1.69	73.70%	15.90%	31.42%
NFLX	NETFLIX INC	$241.87B	29.60%	13.00%	20.36%	50.90%	1.29	1.07	43.10%	18.40%	23.04%
YELP	YELP INC	$2.79B	13.70%	9.70%	12.53%	20.00%	0.35	3.55	91.50%	7.40%	7.86%
NCMI	NATIONAL CINEMEDIA INC	$433.21M	963.70%	149.20%	143.94%	1,615.60%	0.31	2.46	77.60%	426.90%	443.77%
DDI	DOUBLEDOWN INTERACTIVE CO LTD	$551.03M	14.70%	13.00%	18.09%	122.90%	0.10	4.61	67.90%	32.70%	43.03%
LGCL	LUCAS GC LTD	N/A	89.90%	24.40%	40.42%	64.10%	1.20	1.63	27.70%	5.40%	5.42%
WB	WEIBO CORP	$2.13B	10.40%	4.90%	11.09%	11.30%	1.11	2.51	78.70%	19.50%	34.55%
LDWY	LENDWAY INC	$10.96M	15.70%	12.70%	15.63%	108.10%	0.07	15.17	N/A	N/A	N/A
TV	GRUPO TELEVISA SAB	$2.09B	42.70%	15.10%	20.72%	19.30%	1.21	2.37	35.40%	59.20%	72.61%
SGA	SAGA COMMUNICATIONS INC	$146.62M	5.30%	4.10%	6.39%	18.30%	0.36	2.16	20.00%	8.40%	11.57%
STCN	STEEL CONNECT INC	$76.21M	35.10%	5.40%	7.11%	28.60%	1.26	4.25	27.30%	11.00%	13.98%
VOD	VODAFONE GROUP PUBLIC LTD CO	$24.84B	18.10%	6.90%	9.41%	8.30%	1.43	0.89	31.70%	23.50%	25.06%
AMCX	AMC NETWORKS INC	$471.77M	21.40%	4.00%	11.49%	13.60%	3.54	1.72	51.00%	7.90%	17.06%
IAS	INTEGRAL AD SCIENCE HOLDING CORP	$1.55B	0.80%	0.60%	1.54%	5.50%	0.31	3.21	79.10%	1.50%	3.60%
OMC	OMNICOM GROUP INC	$18.78B	43.70%	5.60%	18.32%	46.70%	6.48	0.93	19.10%	10.00%	15.17%
EDR	ENDEAVOR GROUP HOLDINGS INC	$7.96B	10.10%	2.10%	4.92%	12.80%	2.05	1.24	59.00%	6.00%	15.47%
CRTO	CRITEO SA	$2.01B	5.20%	2.40%	6.06%	27.20%	1.22	1.15	44.30%	2.70%	3.89%
UCL	UCLOUDLINK GROUP INC	$51.30M	18.60%	5.30%	17.24%	453.90%	2.53	1.25	171.40%	10.40%	11.16%
FVRR	FIVERR INTERNATIONAL LTD	$800.82M	1.20%	0.40%	-1.85%	-1.50%	1.88	2.89	82.90%	1.00%	-4.18%
ORAN	ORANGE	$29.58B	7.70%	2.20%	5.53%	5.00%	2.36	0.83	100.00%	5.50%	9.97%
SHEN	SHENANDOAH TELECOMMUNICATIONS CO	$673.14M	1.20%	0.70%	0.99%	1.00%	0.86	1.79	63.10%	2.80%	3.83%
LYV	LIVE NATION ENTERTAINMENT INC	$20.73B	-507.90%	2.90%	11.78%	14.40%	-1,078.08	0.96	24.00%	2.50%	4.72%
SIRI	SIRIUS XM HOLDINGS INC	$11.60B	-42.50%	12.40%	27.15%	18.60%	-5.04	0.39	53.00%	14.10%	21.68%
XNET	XUNLEI LTD	$101.59M	4.50%	3.00%	5.83%	10.20%	0.45	2.56	44.80%	3.90%	5.46%
CHTR	CHARTER COMMUNICATIONS INC	$36.67B	41.70%	3.20%	8.42%	5.80%	11.15	0.40	100.00%	8.50%	21.13%
NCTY	THE9 LTD	$29.17M	15.90%	4.20%	25.58%	36.60%	0.88	1.37	-18.30%	11.20%	28.70%
MCS	MARCUS CORP	$423.49M	3.20%	1.40%	3.82%	2.90%	1.26	0.62	39.30%	2.00%	4.71%
VZ	VERIZON COMMUNICATIONS INC	$167.02B	11.90%	3.00%	6.74%	7.10%	3.02	0.71	59.50%	8.40%	16.43%
LBRDA	LIBERTY BROADBAND CORP	$7.08B	7.80%	4.40%	7.07%	6.40%	0.74	2.42	75.00%	70.10%	111.52%
SSTK	SHUTTERSTOCK INC	$1.51B	21.50%	11.30%	20.98%	-412.90%	0.97	0.65	59.70%	12.60%	14.00%
META	META PLATFORMS INC	$1.12T	31.60%	20.90%	27.88%	32.10%	0.49	2.68	81.40%	32.10%	38.05%
CHR	CHEER HOLDING INC	$27.69M	13.50%	11.40%	10.85%	38.40%	0.17	6.64	74.00%	20.00%	20.05%
TZOO	TRAVELZOO	$113.47M	304.30%	20.90%	82.44%	-8,060.40%	11.11	0.90	87.10%	14.60%	20.68%
RDCM	RADCOM LTD	$132.56M	4.80%	3.60%	-0.76%	-1.00%	0.30	4.84	73.30%	7.20%	-1.28%
TU	TELUS CORP	$23.59B	5.10%	1.50%	2.28%	2.40%	2.41	0.67	62.50%	4.20%	5.28%
TME	TENCENT MUSIC ENTERTAINMENT GROUP	$33.48B	9.20%	6.80%	9.27%	18.60%	0.33	2.49	35.30%	17.70%	21.21%
PINS	PINTEREST INC	$23.06B	-1.20%	-1.00%	-3.72%	-6.80%	0.16	10.53	77.50%	-1.20%	-3.99%
HAO	HAOXI HEALTH TECHNOLOGY LTD	N/A	1,923.70%	38.70%	64.17%	862.80%	1.85	1.43	7.30%	3.40%	4.29%
GENI	GENIUS SPORTS LTD	$1.21B	-14.60%	-11.10%	-13.86%	-127.70%	0.35	1.34	16.70%	-20.70%	-19.89%
OB	OUTBRAIN INC	$205.05M	4.70%	1.50%	5.93%	5.50%	1.98	1.35	19.70%	1.10%	2.32%
SEAT	VIVID SEATS INC	$1.24B	-42.20%	5.40%	4.32%	122.70%	13.76	0.50	74.40%	10.50%	6.43%
ATEX	ANTERIX INC	$596.53M	8.90%	5.50%	6.00%	107.00%	0.86	4.51	100.00%	447.20%	514.41%
GOGO	GOGO INC	$1.17B	-12,493.80%	19.10%	18.41%	10.80%	18.19	4.37	66.60%	36.60%	32.86%
CHT	CHUNGHWA TELECOM CO LTD	$29.39B	9.80%	7.10%	10.00%	11.50%	0.35	1.52	36.50%	16.60%	20.42%
KIND	NEXTDOOR HOLDINGS INC	$795.13M	-25.60%	-21.90%	-23.74%	-22.80%	0.17	16.01	80.90%	-67.70%	-67.34%
BCE	BCE INC	$29.76B	9.90%	2.90%	7.91%	7.30%	2.54	0.65	42.20%	8.40%	19.19%
JFIN	JIAYIN GROUP INC	$357.01M	66.30%	26.60%	N/A	33.30%	1.37	N/A	63.20%	23.70%	28.03%
EA	ELECTRONIC ARTS INC	$34.19B	14.50%	8.10%	14.61%	38.90%	0.81	1.33	76.50%	14.10%	19.72%
IDT	IDT CORP	$917.76M	18.50%	7.20%	20.20%	-325.00%	1.38	1.43	31.10%	3.10%	3.98%
TMUS	T-MOBILE US INC	$192.14B	13.60%	4.20%	8.05%	8.30%	2.32	0.94	62.30%	11.10%	19.03%
IRDM	IRIDIUM COMMUNICATIONS INC	$3.81B	2.80%	0.90%	4.03%	2.70%	2.21	3.33	71.90%	3.20%	13.38%
SPHR	SPHERE ENTERTAINMENT CO	$1.40B	15.40%	7.20%	11.50%	8.30%	0.98	0.63	40.10%	162.40%	174.36%
IBTA	IBOTTA INC	N/A	N/A	N/A	36.21%	N/A	10.45	1.51	86.30%	11.90%	13.76%
PLAY	DAVE & BUSTER's ENTERTAINMENT INC	$2.10B	44.60%	3.40%	8.75%	5.60%	13.95	0.32	84.70%	5.80%	13.17%
TKC	TURKCELL ILETISIM HIZMETLERI A S	$5.26B	9.40%	3.90%	9.00%	12.70%	1.15	1.60	186.10%	6.80%	16.56%
T	AT&T INC	$119.81B	13.90%	3.50%	7.12%	8.40%	2.80	0.71	59.10%	11.60%	20.69%
TWLO	TWILIO INC	$11.09B	-10.20%	-8.50%	-9.17%	-17.20%	0.19	6.64	49.20%	-24.40%	-23.99%
PGRU	PROPERTYGURU GROUP LTD	$614.82M	-2.50%	-2.10%	-1.74%	21.10%	0.18	3.35	100.00%	-10.20%	-7.14%
STBX	STARBOX GROUP HOLDINGS LTD	$14.09M	3.80%	2.40%	2.86%	26.90%	0.13	8.34	92.90%	18.30%	36.47%
NWSA	NEWS CORP	$13.83B	2.80%	1.40%	3.61%	5.90%	0.93	1.44	48.70%	2.30%	5.03%
TLK	PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK	$18.81B	18.40%	8.70%	17.62%	16.00%	0.96	0.78	73.40%	16.40%	25.40%
NXST	NEXSTAR MEDIA GROUP INC	$5.31B	14.10%	2.80%	8.31%	9.50%	4.25	1.53	56.40%	7.00%	18.73%
WPP	WPP PLC	$10.95B	3.10%	0.40%	6.25%	9.20%	6.75	0.86	17.00%	0.70%	4.37%
USM	UNITED STATES CELLULAR CORP	$3.13B	1.20%	0.50%	3.08%	3.30%	1.32	1.55	55.80%	1.40%	7.76%
MGNI	MAGNITE INC	$1.29B	-23.50%	-6.40%	-9.73%	-18.80%	2.83	1.09	33.90%	-25.70%	-20.20%
CTV	INNOVID CORP	$331.87M	-16.30%	-12.80%	-14.68%	-47.90%	0.28	3.99	75.80%	-22.80%	-23.56%
RCI	ROGERS COMMUNICATIONS INC	$20.17B	5.50%	0.80%	5.61%	4.70%	5.54	0.77	100.00%	2.90%	16.37%
DASH	DOORDASH INC	$53.37B	-8.50%	-5.60%	-9.14%	-29.40%	0.59	1.64	46.90%	-6.50%	-7.86%
PLTK	PLAYTIKA HOLDING CORP	$2.65B	-71.80%	8.00%	19.03%	17.30%	-15.33	2.50	72.00%	9.20%	19.54%
YY	JOYY INC	$2.03B	6.80%	4.00%	6.13%	23.80%	0.62	1.32	35.80%	15.30%	14.60%
IAC	IAC INC	$4.18B	4.40%	2.60%	5.65%	8.70%	0.60	2.36	69.20%	6.10%	12.20%
ZH	ZHIHU INC	$403.26M	-16.70%	-11.60%	-17.15%	-48.50%	0.46	3.28	54.70%	-20.10%	-19.81%
UBXG	U-BX TECHNOLOGY LTD	N/A	20.80%	1.50%	22.90%	-70.90%	3.53	1.22	1.70%	0.20%	0.26%
AGAE	ALLIED GAMING & ENTERTAINMENT INC	$35.53M	-4.30%	-3.70%	-3.59%	-4.60%	0.23	6.56	37.30%	-47.00%	-46.97%
ATUS	ALTICE USA INC	$935.04M	-13.50%	0.20%	5.85%	5.50%	-76.65	0.36	67.20%	0.60%	18.75%
KT	KT CORP	$6.45B	8.00%	3.20%	8.31%	7.80%	1.36	1.19	100.00%	4.80%	9.59%
RBLX	ROBLOX CORP	$22.75B	-745.10%	-20.00%	-35.65%	-29.80%	79.95	1.07	76.80%	-41.20%	-39.68%
PHI	PLDT INC	$5.14B	24.90%	4.30%	8.77%	6.00%	4.74	0.36	87.90%	12.60%	17.17%
CURI	CURIOSITYSTREAM INC	$59.17M	-53.80%	-40.40%	-62.34%	-2,286.10%	0.39	1.94	37.50%	-85.90%	-85.06%
VIV	TELEFONICA BRASIL SA	$15.55B	7.30%	4.20%	7.86%	12.10%	0.74	N/A	43.50%	9.70%	15.18%
NEXN	NEXXEN INTERNATIONAL LTD	$407.84M	-4.00%	-2.50%	-1.30%	-3.90%	0.67	1.97	81.20%	-6.50%	-2.65%
GMGI	GOLDEN MATRIX GROUP INC	$138.41M	-2.10%	-1.80%	0.48%	7.10%	0.15	5.16	23.90%	-1.40%	0.35%
ADTH	ADTHEORENT HOLDING COMPANY INC	$295.44M	0.00%	0.00%	0.93%	2.80%	0.25	4.20	100.00%	0.00%	0.94%
TRUE	TRUECAR INC	$262.57M	-29.90%	-23.10%	-28.37%	-103.20%	0.28	5.63	90.00%	-31.40%	-31.35%
SWAG	STRAN & COMPANY INC	$21.21M	0.10%	0.10%	0.15%	0.30%	0.56	2.95	32.80%	0.00%	0.09%
FYBR	FRONTIER COMMUNICATIONS PARENT INC	$5.64B	0.60%	0.10%	4.18%	3.30%	2.92	1.22	63.00%	0.50%	13.39%

Communication Service Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Advertising Agencies	42	+0.71%	+3.52%	-4.67%	+8.25%	29.41x	3.41x	+24.65%	+3.22%	+11.88%	+32.30%	Strong Buy
Broadcasting	13	-0.25%	-1.28%	-0.63%	-27.57%	3.03x	0.65x	-5.46%	-2.52%	+4.78%	+58.95%	Buy
Electronic Gaming & Multimedia	22	+0.84%	+2.28%	-2.58%	+3.12%	7.19x	4.07x	-101.72%	+3.73%	+5.55%	+28.09%	Strong Buy
Entertainment	45	-0.69%	+0.47%	-5.34%	+13.75%	35.95x	2.64x	-2.72%	+5.70%	+10.62%	+24.74%	Buy
Internet Content & Information	66	+2.17%	+1.98%	-3.24%	+34.57%	10.38x	6.51x	+26.50%	+18.86%	+26.25%	+24.66%	Buy
Telecom Services	53	+0.33%	-0.58%	-6.31%	-18.76%	117.09x	1.56x	+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.

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