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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
OPRA
OPERA LTD
$1.27B$396.83M$173.81M$153.30M$1.7219.87%19.72%1,128.57%38.30%2024-04-25
GRVY
GRAVITY CO LTD
$471.48M$524.75MN/A$95.49M$13.7452.37%16.80%54.57%29.25%2024-05-09
IDCC
INTERDIGITAL INC
$2.54B$549.59M$360.24M$214.07M$7.9720.05%12.32%156.27%33.35%2024-05-02
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
$3.08B$940.92M$1.56B$1.27B$26.8856.92%12.58%24,336.36%111.84%2024-05-09
DRCT
DIRECT DIGITAL HOLDINGS INC
$89.05M$146.84M$11.31M$4.62M$0.32105.32%N/AN/AN/A2024-05-09
BIDU
BAIDU INC
$34.78B$18.69B$5.78B$2.82B$7.766.99%5.10%174.52%-7.10%2024-05-16
PERI
PERION NETWORK LTD
$568.70M$743.16M$130.83M$117.41M$2.4916.07%24.06%12.67%51.69%2024-05-08
GMM
GLOBAL MOFY METAVERSE LTD
$24.86M$26.89M$8.40M$6.55M$0.2656.44%N/AN/AN/A
NTES
NETEASE INC
$60.40B$14.37B$5.16B$4.09B$6.355.41%14.53%44.39%36.24%2024-05-23
NFLX
NETFLIX INC
$239.24B$34.93B$22.81B$6.44B$14.729.47%16.02%56.10%38.48%
MOMO
HELLO GROUP INC
$1.08B$1.67B$379.09M$271.89M$1.44-7.12%-2.69%34.04%-6.12%2024-06-04
IPG
INTERPUBLIC GROUP OF COMPANIES INC
$11.85B$10.86B$1.90B$1.08B$2.83-0.15%1.86%21.98%11.67%
CABO
CABLE ONE INC
$2.26B$1.68B$870.18M$267.44M$47.34-1.64%9.37%19.15%10.31%2024-05-02
YELP
YELP INC
$2.76B$1.34B$175.35M$99.17M$1.4312.03%7.24%180.39%16.72%2024-05-02
NCMI
NATIONAL CINEMEDIA INC
$449.22M$165.20M$758.60M$705.20M$14.73-33.71%-17.84%N/A30.45%2024-05-07
CMCSA
COMCAST CORP
$159.71B$121.57B$39.18B$15.39B$3.730.12%5.17%205.74%7.82%2024-04-25
DDI
DOUBLEDOWN INTERACTIVE CO LTD
$547.57M$308.86M$133.63M$100.89M$2.04-3.79%N/AN/AN/A2024-05-08
LGCL
LUCAS GC LTD
N/A$178.81M$10.24M$9.73M$0.1369.25%N/A87.88%N/A
GOOGL
ALPHABET INC
$1.98T$307.39B$97.97B$73.80B$5.848.68%17.57%27.23%21.44%2024-04-25
WB
WEIBO CORP
$2.02B$1.76BN/A$342.60M$1.45-4.17%0.48%302.78%-10.75%2024-05-23
TV
GRUPO TELEVISA SAB
$1.94B$4.19B$4.24B$2.48B$0.887.53%-4.15%665.09%59.73%2024-04-30
ATHM
AUTOHOME INC
$3.09B$978.95MN/A$277.16M$2.255.28%N/A38.82%N/A2024-05-08
LDWY
LENDWAY INC
$11.22M$0.00$2.44M$2.41M$1.36N/A-100.00%-75.76%10.12%2024-05-07
STCN
STEEL CONNECT INC
$76.31M$171.33M$35.67M$18.83M$0.99-17.13%-26.71%-81.00%N/A2024-06-10
VOD
VODAFONE GROUP PUBLIC LTD CO
$24.96B$49.14BN/A$11.55B$4.173.36%-1.81%425.91%N/A2024-05-14
TZOO
TRAVELZOO
$113.47M$84.48M$19.36M$12.37M$0.8319.66%-5.37%53.70%16.91%
SGA
SAGA COMMUNICATIONS INC
$142.43M$112.77M$18.10M$9.50M$1.55-1.85%-2.01%1.97%-7.59%2024-05-09
IAS
INTEGRAL AD SCIENCE HOLDING CORP
$1.53B$474.37M$72.06M$7.24M$0.0516.17%N/A-50.00%N/A2024-05-09
OMC
OMNICOM GROUP INC
$18.80B$14.88B$2.47B$1.48B$7.473.89%-0.33%11.33%4.87%
AMCX
AMC NETWORKS INC
$500.96M$2.71B$1.48B$215.46M$4.92-12.42%-1.81%2,633.33%-8.52%2024-05-03
CRTO
CRITEO SA
$2.04B$1.95B$75.83M$53.26M$0.95-3.35%-3.26%533.33%-6.51%2024-05-02
UCL
UCLOUDLINK GROUP INC
$51.30M$27.01M$4.14M$2.81M$0.107.03%-6.58%N/AN/A2024-05-16
ORAN
ORANGE
$30.08B$47.96B$14.52B$2.65B$0.926.01%0.61%21.49%5.45%
FVRR
FIVERR INTERNATIONAL LTD
$787.73M$361.38M-$9.12M$3.68M$0.107.12%36.77%N/AN/A2024-05-09
SSTK
SHUTTERSTOCK INC
$1.52B$874.59M$202.20M$110.27M$3.075.65%7.01%45.50%14.35%2024-05-02
XNET
XUNLEI LTD
$100.94M$363.72M$25.95M$14.23M$0.226.51%9.54%-31.66%N/A2024-05-14
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
$712.36M$287.38M$76.48M$8.04M$0.167.48%8.32%N/A-29.82%2024-04-26
TME
TENCENT MUSIC ENTERTAINMENT GROUP
$32.57B$3.84B$814.11M$680.50M$0.44-3.73%7.34%35.15%20.71%2024-05-13
LYV
LIVE NATION ENTERTAINMENT INC
$20.69B$22.75B$1.34B$563.28M$1.3836.38%16.09%109.09%N/A2024-05-02
MCS
MARCUS CORP
$433.01M$729.58M$101.67M$14.79M$0.487.70%0.63%N/A-24.53%2024-05-02
ATEX
ANTERIX INC
$595.60M$3.54M$19.17M$15.83M$0.84115.01%-12.69%N/AN/A2024-06-12
NCTY
THE9 LTD
$28.33M$24.76M$19.81M$2.77M$0.8362.90%58.52%N/AN/A
EDR
ENDEAVOR GROUP HOLDINGS INC
$7.94B$5.96B$1.33B$356.52M$1.1913.14%10.53%147.92%N/A2024-05-09
GOGO
GOGO INC
$1.12B$397.58M$147.36M$145.68M$1.12-1.61%6.50%49.33%N/A2024-05-07
LBRDA
LIBERTY BROADBAND CORP
$7.19B$981.00M$1.32B$688.00M$4.710.62%113.23%-41.20%64.59%2024-05-08
CHR
CHEER HOLDING INC
$26.43M$152.33M$34.31M$30.48M$3.53-3.03%N/A-10.63%N/A
RDCM
RADCOM LTD
$134.71M$51.60M-$41.00k$3.71M$0.2512.05%8.67%N/AN/A2024-05-15
VZ
VERIZON COMMUNICATIONS INC
$166.03B$133.97B$39.65B$11.61B$2.76-2.09%0.47%-45.45%-6.00%
SIRI
SIRIUS XM HOLDINGS INC
$12.14B$8.95B$2.54B$1.26B$0.33-0.56%9.18%6.45%4.88%2024-04-30
CHTR
CHARTER COMMUNICATIONS INC
$38.44B$54.61B$20.03B$4.56B$30.541.08%4.59%-2.43%42.00%2024-04-26
TU
TELUS CORP
$23.60B$15.01B$3.83B$627.61M$0.4312.54%7.28%-48.52%-15.18%2024-05-02
PINS
PINTEREST INC
$22.30B$3.06B-$100.37M-$35.61M-$0.059.01%32.22%N/AN/A2024-04-25
HAO
HAOXI HEALTH TECHNOLOGY LTD
N/A$28.23M$1.22M$969.75k$0.0474.72%N/A300.00%N/A
GENI
GENIUS SPORTS LTD
$1.22B$412.98M-$910.00k-$85.53M-$0.3821.10%N/AN/AN/A2024-05-07
OB
OUTBRAIN INC
$201.62M$935.82M$46.90M$10.24M$0.20-5.67%N/AN/AN/A2024-05-06
SEAT
VIVID SEATS INC
$1.24B$712.88M$63.02M$74.54M$0.8018.76%N/A122.22%N/A2024-05-07
TRUE
TRUECAR INC
$265.30M$158.71M-$29.07M-$49.77M-$0.55-1.74%-13.88%N/AN/A2024-05-06
CHT
CHUNGHWA TELECOM CO LTD
$29.66B$7.20B$2.75B$1.19B$1.532.88%0.62%1.37%-0.42%2024-04-30
TMUS
T-MOBILE US INC
$194.86B$78.56B$27.15B$8.32B$7.02-1.27%12.65%239.13%15.60%2024-04-25
META
META PLATFORMS INC
$1.26T$134.90B$58.61B$39.10B$15.1915.69%19.29%76.01%14.70%
KIND
NEXTDOOR HOLDINGS INC
$830.56M$218.31M-$141.24M-$147.77M-$0.392.61%21.47%N/AN/A2024-05-07
DASH
DOORDASH INC
$51.21B$8.64B-$62.00M-$558.00M-$1.4231.17%97.00%N/AN/A2024-05-01
JFIN
JIAYIN GROUP INC
$346.81M$759.29MN/A$180.22M$3.3764.28%13.08%8.71%14.06%2024-06-06
BCE
BCE INC
$30.16B$18.14B$7.10B$1.53B$1.685.13%1.31%-21.20%-5.68%2024-05-02
IDT
IDT CORP
$928.93M$1.20B$68.31M$36.95M$1.46-7.14%-3.97%-21.08%105.33%2024-06-03
EA
ELECTRONIC ARTS INC
$34.26B$7.66B$1.94B$1.08B$4.003.80%7.66%7.53%-2.97%2024-05-07
TKC
TURKCELL ILETISIM HIZMETLERI A S
$5.23B$3.17B$1.62B$214.80M$0.24-37.93%-6.63%-32.45%-15.57%2024-04-30
NWSA
NEWS CORP
$14.03B$9.97B$1.21B$228.00M$0.40-1.97%0.06%-23.08%N/A2024-05-08
MTCH
MATCH GROUP INC
$8.56B$3.36B$998.54M$651.54M$2.365.51%14.23%84.38%-7.47%2024-05-08
IBTA
IBOTTA INC
N/A$320.04M$50.72M$38.12M$4.2651.89%N/AN/AN/A
SPHR
SPHERE ENTERTAINMENT CO
$1.44B$229.80M$558.50M$373.12M$10.84-27.47%N/AN/AN/A2024-05-08
PGRU
PROPERTYGURU GROUP LTD
$613.18M$112.04M$9.84M-$11.39M-$0.0712.13%N/AN/AN/A2024-05-20
STBX
STARBOX GROUP HOLDINGS LTD
$14.02M$11.74M$6.16M$2.15M$0.0463.20%N/A-55.56%N/A
ADTH
ADTHEORENT HOLDING COMPANY INC
$294.53M$170.81M$10.66M$7.00k$0.002.85%N/A-100.00%N/A2024-05-07
T
AT&T INC
$120.24B$122.43B$44.11B$14.19B$1.971.40%-6.44%N/A-7.12%
PLAY
DAVE & BUSTER's ENTERTAINMENT INC
$2.15B$2.21B$499.00M$126.90M$2.9412.26%11.75%3.89%-0.40%2024-06-04
TLK
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
$19.11B$9.36B$2.38B$1.53B$1.552.23%1.53%18.86%5.35%2024-05-06
USM
UNITED STATES CELLULAR CORP
$3.13B$3.91B$959.00M$54.00M$0.64-6.31%-0.31%82.86%-18.22%2024-05-02
NXST
NEXSTAR MEDIA GROUP INC
$5.49B$4.93B$1.87B$346.00M$9.78-5.33%12.26%-60.37%2.80%2024-05-09
CTV
INNOVID CORP
$320.52M$139.88M-$19.96M-$31.91M-$0.2310.04%19.95%N/AN/A2024-05-08
RCI
ROGERS COMMUNICATIONS INC
$20.27B$14.76B$5.78B$430.43M$0.8132.42%5.77%-68.06%-22.54%
WPP
WPP PLC
$10.80B$19.03B$831.41M$141.54M$0.668.09%2.56%-82.60%-31.08%2024-04-30
IAC
IAC INC
$4.23B$4.37B$1.11B$265.94M$3.07-16.62%11.50%N/A1.15%2024-05-08
PLTK
PLAYTIKA HOLDING CORP
$2.64B$2.57B$659.60M$235.00M$0.64-1.85%11.48%-7.25%-6.38%2024-05-09
ATUS
ALTICE USA INC
$893.99M$9.24B$3.38B$53.20M$0.12-4.26%-0.70%-72.09%31.95%2024-06-13
AGAE
ALLIED GAMING & ENTERTAINMENT INC
$36.41M$7.66M-$1.11M-$3.60M-$0.1020.50%-17.96%N/AN/A2024-05-09
KT
KT CORP
$6.48B$20.15B$1.93B$968.25M$2.00-1.77%-1.20%-14.76%18.46%2024-05-14
UBXG
U-BX TECHNOLOGY LTD
N/A$94.32M$247.26k$205.91k$0.018.82%N/AN/AN/A
RBLX
ROBLOX CORP
$22.09B$2.80B-$805.58M-$1.15B-$1.8725.81%53.83%N/AN/A2024-05-09
PHI
PLDT INC
$5.04B$3.75B$1.69B$472.72M$2.183.78%4.18%156.24%5.95%2024-05-09
TWLO
TWILIO INC
$11.10B$4.15B-$712.32M-$1.02B-$5.548.56%44.91%N/AN/A2024-05-07
IMAX
IMAX CORP
$935.12M$374.84M$105.23M$25.34M$0.4724.61%0.02%N/A5.48%2024-04-25
DOYU
DOUYU INTERNATIONAL HOLDINGS LTD
$274.05M$768.11MN/A$4.93M$0.02-23.51%8.08%N/AN/A2024-05-16
VIV
TELEFONICA BRASIL SA
$15.57B$10.48B$4.29B$1.01B$0.6117.80%-0.92%34.92%-13.41%2024-05-07
CURI
CURIOSITYSTREAM INC
$55.97M$56.89M-$24.99M-$48.90M-$0.92-27.11%43.51%N/AN/A2024-05-09
SWAG
STRAN & COMPANY INC
$21.96M$75.89M$1.56M$35.06k$0.0028.74%N/AN/AN/A
GMGI
GOLDEN MATRIX GROUP INC
$139.14M$45.24M$643.27k-$654.72k-$0.0119.26%N/AN/AN/A2024-06-11
FOXA
FOX CORP
$15.06B$14.56B$1.74B$837.00M$1.691.90%5.80%-38.10%-7.38%2024-05-08
IRDM
IRIDIUM COMMUNICATIONS INC
$3.56B$789.30M$399.51M$25.29M$0.214.12%7.99%50.00%N/A
CXDO
CREXENDO INC
$108.55M$53.20M$3.42M-$362.00k-$0.0141.66%34.90%N/AN/A2024-05-07

Communication Service Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
42-0.69%+2.79%-6.40%+5.56%29.13x3.40x+24.99%+3.29%+11.94%+32.04%Strong Buy
13+0.21%+1.63%-0.53%-30.18%2.99x0.66x-5.32%-2.42%+4.95%+55.33%Buy
22+0.48%+1.97%-2.73%-1.36%7.29x4.00x-100.15%+3.77%+5.64%+29.22%Strong Buy
45-1.24%-1.75%-4.57%+11.90%36.12x2.65x-3.03%+5.57%+10.44%+23.86%Buy
66-1.00%+1.04%-2.72%+31.53%14.54x6.52x+24.25%+17.23%+23.66%+22.07%Buy
53-0.30%+2.82%-4.94%-19.05%110.76x1.58x+1.05%+3.85%+8.19%+38.29%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. 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 32.33% over the past year, overperforming other communication service stocks by 29 percentage points.

Opera has an average 1 year price target of $20.75, an upside of 43.2% from Opera's current stock price of $14.49.

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. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the second best 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 22.19% over the past year, overperforming other communication service stocks by 19 percentage points.

3. Interdigital (NASDAQ:IDCC)


Interdigital (NASDAQ:IDCC) 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 24 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 42.68% over the past year, overperforming other communication service stocks by 40 percentage points.

Interdigital has an average 1 year price target of $100.00, an upside of 0.34% from Interdigital's current stock price of $99.66.

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.

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 6.69%. 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 6.69%.

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

3. Hello Group (NASDAQ:MOMO)


Hello Group (NASDAQ:MOMO) has an annual dividend yield of 21.88%, which is 15 percentage points higher than the communication service sector average of 6.69%. Hello Group's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Hello Group's dividend has not shown consistent growth over the last 10 years.

Hello Group's dividend payout ratio of 50% indicates that its high dividend yield is sustainable for the long-term.

Why are communication service stocks down?

Communication service stocks were down -0.71% in the last day, and up 1% over the last week. Spotify was the among the top losers in the communication services sector, dropping -7.28% yesterday.

Spotify shares are trading lower, pulling back after gaining Tuesday on Q1 earnings.

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. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the most undervalued communication service stock based on WallStreetZen's Valuation Score. Gravity Co has a valuation score of 100, which is 72 points higher than the communication service sector average of 28. It passed 7 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 22.19% in the past year. It has overperformed other stocks in the communication service sector by 19 percentage points.

2. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the second most undervalued communication service stock based on WallStreetZen's Valuation Score. Doubledown Interactive Co has a valuation score of 100, which is 72 points higher than the communication service sector average of 28. It passed 7 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 43.51% in the past year. It has overperformed other stocks in the communication service sector by 40 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 72 points higher than the communication service sector average of 28. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has dropped -5.71% in the past year. It has underperformed other stocks in the communication service sector by -9 percentage points.

Are communication service stocks a good buy now?

43.06% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 28.27% 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 35.66x.
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.