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U.S. Communications Industry Analysis

UpdatedFeb 14, 2026
DataAggregated Company Financials
Companies75
  • 7D-1.1%
  • 3M12.4%
  • 1Y36.4%
  • YTD9.1%

Last week, the Communications industry hasn't moved much but Motorola Solutions is up 9.4% in that time. The past year has been better, since the industry has gained 31% in that time. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Feb 2026US$718.6bUS$109.1bUS$18.2b31.6x39.6x6.6x
Mon, 12 Jan 2026US$651.2bUS$106.1bUS$16.7b37.6x38.9x6.1x
Wed, 10 Dec 2025US$697.2bUS$105.8bUS$16.6b32.9x42x6.6x
Fri, 07 Nov 2025US$663.1bUS$104.5bUS$16.2b29.1x41x6.3x
Sun, 05 Oct 2025US$648.4bUS$103.3bUS$16.0b29.8x40.5x6.3x
Tue, 02 Sep 2025US$623.2bUS$103.0bUS$16.2b26.2x38.4x6x
Thu, 31 Jul 2025US$576.9bUS$100.6bUS$14.0b28x41.2x5.7x
Sat, 28 Jun 2025US$562.5bUS$105.7bUS$14.3b28.8x39.2x5.3x
Mon, 26 May 2025US$522.0bUS$105.5bUS$14.3b25.8x36.6x4.9x
Wed, 23 Apr 2025US$441.0bUS$102.8bUS$12.4b23.8x35.5x4.3x
Fri, 21 Mar 2025US$500.1bUS$102.8bUS$12.4b26x40.2x4.9x
Sun, 16 Feb 2025US$557.4bUS$104.1bUS$12.1b28.1x46.2x5.4x
Tue, 14 Jan 2025US$542.1bUS$102.4bUS$11.9b24.9x45.4x5.3x
Thu, 12 Dec 2024US$530.4bUS$102.5bUS$12.1b25.6x43.7x5.2x
Sat, 09 Nov 2024US$523.3bUS$103.2bUS$13.0b24.7x40.3x5.1x
Mon, 07 Oct 2024US$482.8bUS$103.0bUS$12.0b25.7x40.3x4.7x
Wed, 04 Sep 2024US$456.4bUS$103.0bUS$12.0b26.8x38x4.4x
Fri, 02 Aug 2024US$359.3bUS$92.4bUS$12.4b27.3x29.1x3.9x
Sun, 30 Jun 2024US$350.7bUS$92.7bUS$12.6b26.4x27.8x3.8x
Tue, 28 May 2024US$332.1bUS$92.9bUS$12.7b27.5x26.2x3.6x
Thu, 25 Apr 2024US$380.2bUS$104.8bUS$16.2b31.1x23.4x3.6x
Sat, 23 Mar 2024US$408.3bUS$104.8bUS$16.3b32.3x25.1x3.9x
Mon, 19 Feb 2024US$386.0bUS$104.9bUS$16.5b30.1x23.4x3.7x
Wed, 17 Jan 2024US$337.3bUS$96.1bUS$15.1b25.1x22.3x3.5x
Fri, 15 Dec 2023US$323.6bUS$96.1bUS$15.1b25.3x21.4x3.4x
Sun, 12 Nov 2023US$323.3bUS$95.2bUS$13.9b23.2x23.3x3.4x
Tue, 10 Oct 2023US$327.3bUS$94.7bUS$14.6b25.7x22.4x3.5x
Thu, 07 Sep 2023US$348.2bUS$94.7bUS$14.6b30.7x23.8x3.7x
Sat, 05 Aug 2023US$323.7bUS$92.1bUS$13.6b26.5x23.8x3.5x
Mon, 03 Jul 2023US$318.1bUS$91.4bUS$13.5b23.8x23.6x3.5x
Wed, 31 May 2023US$312.9bUS$91.2bUS$13.5b22.4x23.2x3.4x
Fri, 28 Apr 2023US$289.0bUS$89.3bUS$13.3b23.6x21.7x3.2x
Sun, 26 Mar 2023US$313.8bUS$89.0bUS$13.1b27.7x23.9x3.5x
Tue, 21 Feb 2023US$308.3bUS$88.5bUS$13.0b29.4x23.7x3.5x
Price to Earnings Ratio

23.7x


Total Market Cap: US$308.3bTotal Earnings: US$13.0bTotal Revenue: US$88.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 32.1x202420252026
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 42.4x which is higher than its 3-year average PE of 32.1x.
  • The 3-year average PS ratio of 4.5x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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-1.39%
Tech-1.62%
Communications-1.06%
Communications Equipment-1.06%
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
MSI Motorola SolutionsUS$461.769.4%
+US$6.6b		5.4%PE35.7x
UI UbiquitiUS$720.0615.7%
+US$5.9b		111.0%PE49x
ANET Arista NetworksUS$141.593.0%
+US$5.2b		32.5%PE50.8x
CIEN CienaUS$303.9212.0%
+US$4.6b		238.4%PE347.1x
VSAT ViasatUS$48.8517.1%
+US$971.2m		432.7%PS1.4x

Latest News

ANET
US$141.59
Arista Networks
7D
3.0%
1Y
32.5%
MSI
US$461.76
Motorola Solutions
7D
9.4%
1Y
5.4%
CIEN
US$303.92
Ciena
7D
12.0%
1Y
238.4%
VSAT
US$48.85
Viasat
7D
17.1%
1Y
432.7%
UI
US$720.06
Ubiquiti
7D
15.7%
1Y
111.0%
CSCO
US$76.85
Cisco Systems
7D
-9.4%
1Y
18.5%
DGII
US$48.26
Digi International
7D
9.3%
1Y
39.9%
LITE
US$562.74
Lumentum Holdings
7D
1.9%
1Y
624.4%
GILT
US$13.77
Gilat Satellite Networks
7D
-25.4%
1Y
103.1%
AVNW
US$24.96
Aviat Networks
7D
-5.3%
1Y
12.6%
VIAV
US$26.29
Viavi Solutions
7D
-0.3%
1Y
116.4%

VIAV: AI Data Center Exposure And Margins Will Shape Balanced Risk Profile

The updated analyst price target for Viavi Solutions has moved from $19.00 to about $26.07. Analysts generally point to revised fair value and profit margin assumptions, along with a modest shift in discount rate and future P/E expectations, as they incorporate a wave of recent target increases across the Street.
FFIV
US$273.93
F5
7D
-1.0%
1Y
-11.7%

FFIV: Breach Concerns Will Fade As Delayed Cybersecurity Deals Eventually Close

Analysts have lifted their fair value estimate on F5 by about US$15 to roughly US$310, reflecting Street price target increases from several firms and updated assumptions around slightly higher revenue growth, a modestly lower discount rate, and a lower future P/E multiple, alongside a small reduction in projected profit margins. Analyst Commentary Street research around F5 has leaned more constructive recently, with several firms lifting their price targets and at least one upgrade alongside a more cautious check on near term deal activity.
LTRX
US$5.48
Lantronix
7D
-11.3%
1Y
85.1%

Drone And Edge AI Headwinds Will Challenge Execution Yet Long Term Potential Will Persist

Catalysts About Lantronix Lantronix provides edge AI compute, embedded connectivity and critical infrastructure monitoring solutions across drones, aerospace, defense and enterprise markets. What are the underlying business or industry changes driving this perspective?
NTCT
US$29.79
NetScout Systems
7D
7.7%
1Y
23.0%

NTCT: Steady Outlook Will Balance Modest Guidance Shift And Margin Caution

Analysts have kept their fair value estimate for NetScout Systems steady at US$27.27, citing offsetting adjustments to revenue growth, profit margin expectations, and the future P/E multiple that together leave their overall price target unchanged. What's in the News Revised fiscal 2026 revenue guidance to a range of US$835 million to US$870 million, with midpoint commentary indicating implied year over year growth of 3.6% compared with the prior range of US$830 million to US$870 million (company guidance).
EXTR
US$14.46
Extreme Networks
7D
-5.1%
1Y
-11.7%

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
MOB
US$5.35
Mobilicom
7D
-17.1%
1Y
n/a