Top 3 Picks
2026 Outlook
The Telecom Equipment sector is poised for robust growth through 2026, fueled by the widespread rollout of 5G networks, projected to cover 60% of the global population by 2026 according to GSMA, and the early development of 6G technologies. Increasing data traffic, expected to grow at a CAGR of 25% through 2026 as per Statista, will boost demand for advanced equipment like antennas and satellite systems, while trends in edge computing and IoT integration are likely to enhance profitability. Overall, the sector's outlook remains positive, with potential revenue expansion driven by infrastructure investments in emerging markets and regulatory support for broadband access.
Complete Rankings
| Rank | Stock | Score | Price | Market Cap |
|---|---|---|---|---|
|
1
|
Motorola Solutions, Inc. New
|
65.0 | $381.02 | $76.1B |
|
2
|
Airgain, Inc. Common Stock
|
62.4 | $4.08 | $50M |
|
3
|
Viasat Inc
|
62.4 | $37.63 | $3.9B |
|
4
|
Vuzix Corporation
|
62.1 | $3.85 | $269M |
|
5
|
KVH Industries Inc
|
61.9 | $7.07 | $108M |
|
6
|
Comtech Telecommunications
|
61.6 | $5.53 | $78M |
|
7
|
Qualcomm Inc
|
60.7 | $172.98 | $179.6B |
|
8
|
Ondas Holdings Inc. Common Stock
|
60.2 | $11.02 | $2.4B |
|
9
|
CommScope Holding Company, Inc.
|
59.7 | $18.26 | $3.5B |
|
10
|
BK Technologies Corporation
|
59.5 | $75.17 | $298M |
|
11
|
Satellogic Inc. Warrant
|
59.3 | $0.33 | -- |
|
12
|
Aviat Networks, Inc.
|
58.7 | $21.60 | $290M |
|
13
|
Planet Labs PBC
|
57.9 | $20.41 | $4.2B |
|
14
|
Unusual Machines, Inc.
|
57.5 | $13.57 | $462M |
|
15
|
Harmonic Inc
|
55.4 | $10.02 | $1.2B |
In-Depth Analysis: Top Telecom Equipment Stocks
MSI
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% …
Motorola Solutions matters in the Telecom Equipment sector as a leading provider of mission-critical communications and analytics, particularly for public safety, where its land mobile radios and network infrastructure dominate, serving essential sectors like emergency services, schools, and hospitals. This focus positions the company as a key innovator in secure, reliable telecom solutions amid growing demands for public safety technologies.
With a profit margin of 18.7% and an impressive ROE of 115.2%, Motorola Solutions demonstrates strong profitability and efficient use of equity, indicating robust financial health despite a moderate revenue growth of 7.8%. The P/E ratio of 30.8 suggests the stock is valued at a premium, which is supported by a Tradestie Score of 65.0/100, reflecting average to solid investment potential.
Investors should consider buying MSI in 2026 due to its consistent revenue growth of 7.8% and high ROE of 115.2%, signaling potential for sustained earnings expansion in the expanding public safety and telecom markets. The company's leadership in critical infrastructure, combined with increasing global demands for advanced communications amid urbanization and security concerns, positions it for market share gains. Furthermore, a P/E of 30.8 indicates investor confidence in future growth, making it an attractive option for long-term portfolios.
AIRG
Airgain Inc is engaged in providing antenna technologies. These technologies can be used to enable performance wireless networking across devices and markets which include connected homes, enterprises, automotive, and the Internet of Things. It also provides solutions to complex radio frequency, engineering challenges, and improving wireless service that require higher throughput, broad coverage footprint, and carrier-grade quality. Geographically, it derives …
Airgain Inc. matters in the Telecom Equipment sector due to its specialized antenna technologies that enhance wireless connectivity in high-growth areas like IoT, automotive, and connected homes, addressing complex radio frequency challenges. This expertise positions the company as a vital enabler of 5G deployment and smart device proliferation, supporting broader industry advancements in performance wireless networking.
Airgain's financial health is weak, evidenced by a -10.9% profit margin and -19.7% ROE, indicating the company is operating at a loss and failing to generate returns on shareholder equity. The -12.9% revenue growth further signals declining sales, potentially due to market competition or internal inefficiencies, raising concerns about short-term sustainability.
By 2026, Airgain could benefit from the projected expansion of the IoT and 5G markets, where its antenna technologies are essential for improving wireless performance, potentially reversing the -12.9% revenue decline. The company's focus on innovative solutions for connected devices may drive operational efficiencies and profitability improvements, as evidenced by its 62.4 Tradestie Score suggesting moderate investment potential. Investors might consider buying if sector recovery accelerates, positioning Airgain for long-term gains in the Telecom Equipment landscape.
VSAT
Viasat Inc provides bandwidth technologies and services in three segments: communication services and defense and advanced technologies. The communication services segment provides a wide range of broadband and narrowband communications solutions across government and commercial mobility markets, as well as for residential and enterprise fixed broadband customers: and the defense and advanced technologies segment develops and offers a diverse array …
Viasat Inc is a key player in the Telecom Equipment sector due to its specialized bandwidth technologies in satellite communications, serving essential government and commercial mobility markets, including defense applications. This positions the company to capitalize on growing demands for global broadband connectivity and advanced secure networks amid expanding 5G and satellite infrastructure needs.
Viasat's negative profit margin of -11.4% and ROE of -10.2% reflect ongoing challenges in achieving profitability, indicating inefficiencies in cost management and equity utilization that strain financial health. Despite this, the company's revenue growth of 1.7% suggests a modest positive trend, potentially signaling opportunities for improvement if operational strategies are optimized.
By 2026, Viasat's expansion in satellite broadband and defense technologies could drive significant revenue growth beyond the current 1.7%, fueled by increasing global demand for connectivity in remote and mobility markets. The Tradestie Score of 62.4 indicates moderate upside potential, supported by strategic advancements in its advanced technologies segment that may enhance profitability through new government contracts and partnerships. Investors should consider Viasat for its established role in high-growth areas like space-based communications, positioning it to outperform peers as telecom infrastructure evolves.
VUZI
Vuzix Corp is engaged in the design, manufacture, and marketing of Artificial Intelligence (AI)-powered Smart Glasses, Waveguides, and Augmented Reality (AR) technologies. Its solutions serve the enterprise, medical, defense, security, and select consumer markets, offering cutting-edge wearable computing and display technologies that enhance productivity and operational efficiency. Its products include near-eye displays (NEDs), heads-up displays (HUDs), and wearable computing devices. …
Vuzix Corporation matters in the Telecom Equipment sector as a leader in AI-powered smart glasses and AR technologies, which integrate seamlessly with telecom networks to enhance real-time data processing, communication, and user experiences in enterprise, medical, and defense markets. Its innovative waveguides and wearable solutions position the company to capitalize on the growing demand for augmented connectivity in a sector increasingly reliant on AR for advanced applications.
Vuzix's profitability is severely challenged, evidenced by a Return on Equity (ROE) of -96.4%, which indicates substantial losses and inefficient use of shareholder equity. The -16.2% revenue growth further underscores financial instability, reflecting difficulties in market expansion and competitive positioning within the Telecom Equipment sector.
By 2026, investors should consider buying VUZI stock due to the projected expansion of the AR market, expected to grow at a compound annual rate of over 50% through 2028, potentially driving demand for Vuzix's AI-powered smart glasses in telecom applications. The company's Tradestie Score of 62.1 signals moderate upside potential, especially if ongoing innovations in waveguides and AR technologies lead to key partnerships in enterprise and defense sectors. Additionally, improving economic conditions and broader adoption of wearable tech could reverse current negative trends, positioning Vuzix for revenue recovery and market share gains.
KVHI
KVH Industries Inc provides integrated, end-to-end services, software, and hardware that support its customers' need for access to the Internet, VoIP, operations content, and entertainment services. It offers high-speed Internet and Voice over Internet Protocol (VoIP) services via satellite and integrated 5G/LTE cellular communications to mobile users at sea and on land. The company also provides commercially licensed entertainment, including …
KVH Industries Inc stands out in the Telecom Equipment sector by providing specialized satellite-based high-speed Internet and VoIP services, essential for industries like maritime and aviation that require reliable connectivity in remote areas. Its integrated hardware and software solutions enhance global communication infrastructure, positioning it as a key player in supporting end-to-end operations content and entertainment services amid growing demand for ubiquitous connectivity.
KVH Industries' negative profit margin of -11.2% and ROE of -8.8% indicate operational inefficiencies and poor returns on equity, reflecting challenges in generating profits from investments. Coupled with a -1.8% revenue growth, these metrics suggest financial strain and potential risks to long-term sustainability in a competitive sector.
By 2026, KVH's expertise in satellite services could capitalize on the expanding global demand for high-speed Internet and VoIP, driven by trends in IoT and remote operations, potentially reversing the -1.8% revenue decline as connectivity needs grow. The company's Tradestie Score of 61.9 indicates moderate investment appeal, supported by its innovative hardware-software integration that may lead to market share gains in underserved regions. Investors might benefit from a sector recovery, as increasing adoption of advanced telecom technologies could improve profitability metrics like the current -11.2% profit margin.
CMTL
Comtech Telecommunications Corp is a provider of modern communications solution incorporated in USA. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. It's Space and satellite is USA based providers of modems and high-power amplifiers, a …
Comtech Telecommunications matters in the Telecom Equipment sector due to its expertise in satellite and space communications, providing essential solutions for global connectivity and emerging technologies like advanced satellite networks. Its two business segments enable it to address critical needs in defense, government, and commercial markets, positioning it as a key player in supporting next-generation communication infrastructure.
Comtech's negative profit margin of -4.6% and ROE of -7.9% reflect ongoing challenges in generating profits and efficiently utilizing shareholder equity, indicating potential financial strain. The -4.1% revenue growth further highlights declining top-line performance, which could erode financial health without strategic improvements.
By 2026, the expanding global satellite communications market, driven by increasing demand for broadband and IoT connectivity, could enable Comtech to reverse its revenue decline and leverage its space communications segment for growth. The Tradestie Score of 61.6 suggests moderate investment appeal, indicating room for upside if the company capitalizes on technological advancements and potential government contracts. Additionally, ongoing innovations in the Telecom Equipment sector may position Comtech for a rebound, making it a speculative buy for investors anticipating sector recovery.
QCOM
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly …
Qualcomm is a cornerstone in the Telecom Equipment sector due to its pioneering patents in CDMA and OFDMA technologies, which form the foundation of all 3G, 4G, and 5G networks and are licensed by virtually all major smartphone manufacturers and telecom operators.
Qualcomm's 12.5% profit margin and 23.3% ROE indicate solid profitability and efficient use of equity, reflecting strong financial health amid revenue growth of 10.0%. However, its P/E ratio of 34.7 suggests the stock is priced for continued expansion, balancing current metrics with future expectations.
By 2026, Qualcomm's dominant position in 5G and emerging 6G technologies is expected to drive further revenue growth beyond the current 10.0%, fueled by global network expansions and increasing demand for advanced chips. The company's 23.3% ROE demonstrates its ability to deliver high returns on investments, making it an attractive option for investors seeking exposure to the telecom sector's evolution. Additionally, with essential patents ensuring steady licensing revenue, Qualcomm is well-positioned to capitalize on the ongoing digital transformation.
ONDS
Ondas Holdings Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. The company operates in two business segments namely Ondas Networks and Ondas Autonomous Systems. The company generates maximum revenue from Ondas Autonomous Systems through the sales of the Optimus system and separately priced support, maintenance, and ancillary services …
Ondas Holdings Inc. matters in the Telecom Equipment sector due to its specialized FullMAX Software Defined Radio (SDR) technology, which supports advanced wireless communications and is deployed in key markets like the United States, Israel, and India. Its dual segments, Ondas Networks and Ondas Autonomous Systems, enable it to address growing demands in telecommunications infrastructure and autonomous technologies, positioning it as a niche player in emerging SDR applications.
Ondas Holdings faces significant profitability challenges with a -172.5% profit margin, indicating substantial losses relative to revenue, and a -17.0% ROE, reflecting poor returns on shareholders' equity despite the company's impressive 582.0% revenue growth.
Ondas Holdings' 582.0% revenue growth highlights its potential in the expanding Telecom Equipment sector, driven by demand for SDR technology in regions like the US, Israel, and India, which could accelerate by 2026 amid 5G and autonomous system advancements. The Tradestie Score of 60.2 suggests moderate investment appeal, offering upside for those betting on rapid market penetration. Furthermore, improvements in cost efficiency could turn its current negative profitability into a growth catalyst, making ONDS a speculative opportunity for investors focused on tech innovation.
COMM
CommScope Holding Co Inc is a provider of infrastructure solutions for communication, data center, and entertainment networks. The company provides solutions for wired and wireless networks to enable service providers, including cable, telephone, data center, and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services, and Wi-Fi to their subscribers and allow enterprises …
CommScope matters in the Telecom Equipment sector as it delivers essential infrastructure solutions for wired and wireless networks, supporting key players like cable, telephone, and data center operators in the rollout of 5G and advanced communication technologies.
CommScope exhibits a solid profit margin of 17.6%, indicating efficient operations in generating profits from revenue, but its financial health is severely compromised by a negative ROE of -1838.4%, reflecting substantial losses relative to shareholders' equity despite impressive revenue growth of 50.6%.
CommScope's exceptional revenue growth of 50.6% positions it to capitalize on the expanding demand for telecom infrastructure, particularly in 5G and data center expansions, making it an attractive investment by 2026. The P/E ratio of 15.6 suggests the stock is undervalued relative to its growth potential, and with a Tradestie Score of 59.7, the company could achieve a turnaround through operational improvements and sector tailwinds.
BKTI
BK Technologies Corp a holding company, operates through its subsidiary, BK Technologies, Inc., specializing in designing, manufacturing, and marketing wireless communications equipment. Its Radio business unit offers two-way land mobile radios (LMRs) serving government and public safety markets, as well as industrial and commercial enterprises. The SaaS business unit focuses on public safety smartphone applications, enhancing first responders' safety and …
BK Technologies matters in the Telecom Equipment sector as a key provider of two-way land mobile radios for government and public safety markets, addressing critical communication needs that enhance emergency response and operational efficiency in an increasingly connected world.
BK Technologies exhibits strong profitability with a 15.7% profit margin and an exceptional 38.7% ROE, indicating efficient equity utilization and solid returns for shareholders, though the -1.1% revenue growth highlights potential short-term challenges in expanding sales.
By 2026, investors should consider BKTI due to its high ROE of 38.7%, which signals strong potential for sustained profitability and value creation as demand for public safety communications rises. The P/E ratio of 22.5 suggests the stock is attractively priced relative to earnings, offering upside if revenue stabilizes or recovers amid sector growth. Furthermore, BK Technologies' niche in wireless equipment positions it to benefit from increasing government investments in secure communication infrastructure.
Methodology
Stocks are ranked using the Tradestie Score, a proprietary 0-100 rating that combines fundamental quality (profitability, balance sheet strength), growth metrics (revenue and earnings growth), valuation (P/E, PEG ratio), and momentum factors. Scores are updated daily based on the latest market data. Learn more about our methodology.