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U.S. Communications Industry Analysis

UpdatedFeb 06, 2026
DataAggregated Company Financials
Companies74
  • 7D-0.2%
  • 3M10.7%
  • 1Y27.4%
  • YTD5.2%

Over the last 7 days, the Communications industry has remained flat, although notably Cisco Systems gained 5.0%. The past year has been better, since the industry has gained 27% in that time. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

Has the U.S. Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Feb 2026US$706.1bUS$106.6bUS$16.9b31.5x41.9x6.6x
Sun, 04 Jan 2026US$676.2bUS$106.1bUS$16.7b36.4x40.4x6.4x
Tue, 02 Dec 2025US$661.3bUS$105.8bUS$16.6b30.9x39.8x6.2x
Thu, 30 Oct 2025US$689.5bUS$103.4bUS$16.0b30.4x43x6.7x
Sat, 27 Sep 2025US$637.8bUS$103.3bUS$16.0b30.2x39.9x6.2x
Mon, 25 Aug 2025US$606.6bUS$103.1bUS$16.2b25.5x37.4x5.9x
Wed, 23 Jul 2025US$566.6bUS$100.5bUS$14.0b28.4x40.5x5.6x
Fri, 20 Jun 2025US$529.4bUS$105.7bUS$14.3b26.6x36.9x5x
Sun, 18 May 2025US$536.0bUS$105.5bUS$14.5b25.8x37x5.1x
Tue, 15 Apr 2025US$463.5bUS$102.8bUS$12.4b24.9x37.3x4.5x
Thu, 13 Mar 2025US$486.3bUS$103.1bUS$12.4b25.8x39.3x4.7x
Sat, 08 Feb 2025US$572.3bUS$102.7bUS$12.3b25.6x46.6x5.6x
Mon, 06 Jan 2025US$544.6bUS$102.4bUS$12.1b24.5x45x5.3x
Wed, 04 Dec 2024US$534.1bUS$102.5bUS$12.1b23.8x44.1x5.2x
Fri, 01 Nov 2024US$489.5bUS$102.9bUS$12.1b24x40.6x4.8x
Sun, 29 Sep 2024US$477.1bUS$103.0bUS$12.0b26.4x39.8x4.6x
Tue, 27 Aug 2024US$455.5bUS$103.1bUS$12.0b27.8x38.1x4.4x
Thu, 25 Jul 2024US$347.3bUS$92.6bUS$12.6b26.7x27.5x3.8x
Sat, 22 Jun 2024US$343.1bUS$92.7bUS$12.6b26.5x27.2x3.7x
Mon, 20 May 2024US$344.9bUS$92.4bUS$12.7b27.3x27.1x3.7x
Wed, 17 Apr 2024US$382.9bUS$104.8bUS$16.3b33.2x23.6x3.7x
Fri, 15 Mar 2024US$400.8bUS$104.8bUS$16.3b31.8x24.5x3.8x
Sun, 11 Feb 2024US$400.6bUS$105.5bUS$16.5b29.6x24.3x3.8x
Tue, 09 Jan 2024US$326.6bUS$96.1bUS$15.1b25.3x21.6x3.4x
Thu, 07 Dec 2023US$308.8bUS$96.0bUS$14.9b25.1x20.7x3.2x
Sat, 04 Nov 2023US$327.1bUS$94.9bUS$14.7b23.1x22.2x3.4x
Mon, 02 Oct 2023US$325.4bUS$94.7bUS$14.6b24.6x22.2x3.4x
Wed, 30 Aug 2023US$340.8bUS$94.5bUS$14.6b30.2x23.3x3.6x
Fri, 28 Jul 2023US$322.1bUS$91.5bUS$13.5b26.1x23.8x3.5x
Sun, 25 Jun 2023US$306.1bUS$91.4bUS$13.5b23.6x22.7x3.3x
Tue, 23 May 2023US$297.7bUS$91.2bUS$13.5b24.1x22.1x3.3x
Thu, 20 Apr 2023US$297.3bUS$89.0bUS$13.2b26.2x22.6x3.3x
Sat, 18 Mar 2023US$310.0bUS$89.0bUS$13.1b23.9x23.6x3.5x
Mon, 13 Feb 2023US$291.7bUS$87.2bUS$12.9b31x22.6x3.3x
Price to Earnings Ratio

22.6x


Total Market Cap: US$291.7bTotal Earnings: US$12.9bTotal Revenue: US$87.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 32x202420252026
Current Industry PE
  • Investors are optimistic on the American Communications industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 41.9x which is higher than its 3-year average PE of 32.0x.
  • The 3-year average PS ratio of 4.5x is lower than the industry's current PS ratio of 6.6x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 9.3% per year over the last three years.
  • Revenues for these companies have grown 7.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market-2.98%
Tech-6.82%
Communications-0.16%
Communications Equipment-0.16%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CSCO Cisco SystemsUS$82.365.0%
+US$15.5b		32.3%PE31.5x
LITE Lumentum HoldingsUS$504.4232.2%
+US$9.0b		444.3%PE143.1x
MSI Motorola SolutionsUS$417.153.5%
+US$2.3b		-13.5%PE32.8x
UI UbiquitiUS$576.001.7%
+US$582.0m		35.0%PE44x
CALX CalixUS$50.658.6%
+US$264.4m		21.4%PE187.7x

Latest News

AAOI
US$38.13
Applied Optoelectronics
7D
-3.6%
1Y
25.5%
VISN
US$17.72
Vistance Networks
7D
-4.0%
1Y
245.4%
EXTR
US$15.06
Extreme Networks
7D
4.8%
1Y
-2.8%

The Strong Earnings Posted By Extreme Networks (NASDAQ:EXTR) Are A Good Indication Of The Strength Of The Business

Feb 05
The Strong Earnings Posted By Extreme Networks (NASDAQ:EXTR) Are A Good Indication Of The Strength Of The Business
CIEN
US$252.98
Ciena
7D
-0.2%
1Y
171.7%
CALX
US$50.65
Calix
7D
8.6%
1Y
21.4%

Calix's (NYSE:CALX) Earnings May Just Be The Starting Point

Feb 05
Calix's (NYSE:CALX) Earnings May Just Be The Starting Point
AVNW
US$25.78
Aviat Networks
7D
18.3%
1Y
4.9%
LITE
US$504.42
Lumentum Holdings
7D
32.2%
1Y
444.3%
VIAV
US$25.32
Viavi Solutions
7D
2.5%
1Y
97.8%
CSCO
US$82.36
Cisco Systems
7D
5.0%
1Y
32.3%
FFIV
US$271.21
F5
7D
-1.6%
1Y
-11.5%
VSAT
US$37.44
Viasat
7D
-17.1%
1Y
229.0%

VSAT: Potential Defense Spinout And New Ka Band Capacity Will Drive Upside

Analysts recently lifted their Viasat price target by $39, citing refreshed views on long term growth, profitability and P/E assumptions, and pointing to potential portfolio moves similar to L3Harris's planned spinout as a key part of the story. Analyst Commentary Bullish analysts have been pointing to refreshed views on Viasat's long term growth profile, profitability path and P/E assumptions as they reassess the stock.
MSI
US$417.15
Motorola Solutions
7D
3.5%
1Y
-13.5%
ONDS
US$8.48
Ondas
7D
-24.8%
1Y
381.8%

Autonomous Defense And Counter Drone Demand Will Transform Long Term Prospects

Catalysts About Ondas Ondas develops and commercializes autonomous systems, counter drone technologies and industrial wireless connectivity platforms for defense, security and critical infrastructure customers. What are the underlying business or industry changes driving this perspective?
ANET
US$128.67
Arista Networks
7D
-13.1%
1Y
11.6%
GILT
US$19.42
Gilat Satellite Networks
7D
-2.8%
1Y
157.9%

GILT: Strong Execution But Premium Multiple Will Limit Future Upside

Analysts have raised their price target for Gilat Satellite Networks from US$14.50 to US$16.30, citing slightly revised assumptions for the discount rate, revenue growth, profit margins and future P/E as the main factors behind the change. What's in the News Q3 earnings per share came in at US$0.19 versus consensus of US$0.10, with revenue of US$117.7m compared with analyst expectations of US$113.17m (periodical).
UI
US$576.00
Ubiquiti
7D
1.7%
1Y
35.0%

Why Ubiquiti Inc. (NYSE:UI) Could Be Worth Watching

Jan 10
Why Ubiquiti Inc. (NYSE:UI) Could Be Worth Watching