Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Communications Equipment Industry Analysis

UpdatedJul 15, 2025
DataAggregated Company Financials
Companies79
  • 7D0.2%
  • 3M22.5%
  • 1Y33.2%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has remained flat, although notably Arista Networks gained 6.8%. The past year has been better, since the industry has gained 33% in that time. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Jul 2025US$555.2bUS$100.5bUS$14.0b28.1x39.7x5.5x
Thu, 12 Jun 2025US$533.5bUS$105.7bUS$14.3b26.5x37.2x5x
Sat, 10 May 2025US$497.9bUS$104.0bUS$13.9b22.1x35.9x4.8x
Mon, 07 Apr 2025US$433.4bUS$102.8bUS$12.4b23.2x34.9x4.2x
Wed, 05 Mar 2025US$514.3bUS$103.1bUS$12.4b27.1x41.6x5x
Fri, 31 Jan 2025US$540.9bUS$102.4bUS$12.2b25.4x44.4x5.3x
Sun, 29 Dec 2024US$545.4bUS$102.5bUS$12.1b25.3x45.2x5.3x
Tue, 26 Nov 2024US$529.9bUS$102.5bUS$12.1b24.8x43.7x5.2x
Thu, 24 Oct 2024US$503.3bUS$103.0bUS$12.0b27.1x42x4.9x
Sat, 21 Sep 2024US$470.0bUS$103.0bUS$12.0b25.3x39.2x4.6x
Mon, 19 Aug 2024US$435.2bUS$101.2bUS$11.6b24.5x37.5x4.3x
Wed, 17 Jul 2024US$355.7bUS$92.6bUS$12.6b27.9x28.2x3.8x
Fri, 14 Jun 2024US$336.0bUS$92.7bUS$12.6b27.5x26.6x3.6x
Sun, 12 May 2024US$341.7bUS$94.4bUS$14.1b27.2x24.2x3.6x
Tue, 09 Apr 2024US$399.9bUS$104.8bUS$16.3b34.3x24.6x3.8x
Thu, 07 Mar 2024US$396.1bUS$104.8bUS$16.4b32.8x24.2x3.8x
Sat, 03 Feb 2024US$343.3bUS$95.8bUS$14.9b26.9x23x3.6x
Mon, 01 Jan 2024US$330.9bUS$96.1bUS$15.1b24.6x21.9x3.4x
Wed, 29 Nov 2023US$310.8bUS$96.2bUS$14.9b23.9x20.9x3.2x
Fri, 27 Oct 2023US$309.0bUS$94.7bUS$14.6b20.5x21.1x3.3x
Sun, 24 Sep 2023US$323.6bUS$94.7bUS$14.6b28.3x22.1x3.4x
Tue, 22 Aug 2023US$332.0bUS$94.5bUS$14.6b25.1x22.7x3.5x
Thu, 20 Jul 2023US$324.1bUS$91.4bUS$13.5b26.8x24x3.5x
Sat, 17 Jun 2023US$319.0bUS$91.4bUS$13.5b20.8x23.6x3.5x
Mon, 15 May 2023US$283.8bUS$89.8bUS$13.5b25.5x21.1x3.2x
Wed, 12 Apr 2023US$312.1bUS$89.0bUS$13.2b25.7x23.7x3.5x
Fri, 10 Mar 2023US$301.2bUS$89.0bUS$13.1b28.2x22.9x3.4x
Sun, 05 Feb 2023US$299.1bUS$87.1bUS$13.0b30.9x23x3.4x
Tue, 03 Jan 2023US$290.8bUS$86.7bUS$13.0b27.9x22.3x3.4x
Thu, 01 Dec 2022US$307.6bUS$86.8bUS$13.1b30.5x23.5x3.5x
Sat, 29 Oct 2022US$286.4bUS$85.2bUS$13.4b27x21.4x3.4x
Mon, 26 Sep 2022US$254.0bUS$84.9bUS$13.5b23x18.9x3x
Wed, 24 Aug 2022US$297.7bUS$85.3bUS$13.7b23x21.8x3.5x
Fri, 22 Jul 2022US$276.1bUS$84.6bUS$14.0b23.9x19.8x3.3x
Price to Earnings Ratio

19.8x


Total Market Cap: US$276.1bTotal Earnings: US$14.0bTotal Revenue: US$84.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Equipment Industry Price to Earnings3Y Average 28.4x202320242025
Current Industry PE
  • Investors are optimistic on the American Communications Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.7x which is higher than its 3-year average PE of 28.4x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 5.5x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 5.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does U.S. Communications Equipment compare with similar industries?

US Market0.58%
Tech0.55%
Communications0.21%
Communications Equipment0.21%
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
ANET Arista NetworksUS$108.376.8%
+US$8.7b		20.3%PE44.9x
CIEN CienaUS$81.421.6%
+US$182.4m		66.4%PE109.8x
AAOI Applied OptoelectronicsUS$29.5011.6%
+US$171.5m		189.2%PS5.4x
ONDS Ondas HoldingsUS$2.3132.0%
+US$97.9m		199.0%PS37.3x
LITE Lumentum HoldingsUS$92.241.3%
+US$80.5m		59.1%PS4.3x

Latest News

LITE
US$92.24
Lumentum Holdings
7D
1.3%
1Y
59.1%
MSI
US$413.62
Motorola Solutions
7D
-3.0%
1Y
4.9%

Should You Be Adding Motorola Solutions (NYSE:MSI) To Your Watchlist Today?

Jul 14
Should You Be Adding Motorola Solutions (NYSE:MSI) To Your Watchlist Today?
ONDS
US$2.31
Ondas Holdings
7D
32.0%
1Y
199.0%

Is Ondas Holdings The Next Breakout In Drone-as-a-Service?

Jul 13
CALX
US$50.59
Calix
7D
-5.3%
1Y
40.5%

Calix: Great Execution, Full Valuation

Jul 12
OCC
US$6.03
Optical Cable
7D
66.6%
1Y
127.5%

Optical Cable Corporation: A Company-Changing Strategic Collaboration And New AI Beneficiary

Jul 11
EXTR
US$17.07
Extreme Networks
7D
-7.6%
1Y
25.1%

Is Extreme Networks (NASDAQ:EXTR) Using Debt Sensibly?

Jul 11
Is Extreme Networks (NASDAQ:EXTR) Using Debt Sensibly?
GILT
US$7.38
Gilat Satellite Networks
7D
3.9%
1Y
58.7%
VSAT
US$14.91
Viasat
7D
-6.4%
1Y
-8.6%
ANET
US$108.37
Arista Networks
7D
6.8%
1Y
20.3%
FFIV
US$294.15
F5
7D
-1.7%
1Y
64.5%

Is It Time To Consider Buying F5, Inc. (NASDAQ:FFIV)?

Jul 08
Is It Time To Consider Buying F5, Inc. (NASDAQ:FFIV)?
NTCT
US$22.16
NetScout Systems
7D
-8.0%
1Y
18.2%

Risks To Shareholder Returns Are Elevated At These Prices For NetScout Systems, Inc. (NASDAQ:NTCT)

Jul 08
Risks To Shareholder Returns Are Elevated At These Prices For NetScout Systems, Inc. (NASDAQ:NTCT)
UI
US$412.47
Ubiquiti
7D
-1.3%
1Y
147.3%
CSCO
US$67.82
Cisco Systems
7D
-1.6%
1Y
43.1%
CIEN
US$81.42
Ciena
7D
1.6%
1Y
66.4%
AAOI
US$29.50
Applied Optoelectronics
7D
11.6%
1Y
189.2%

Applied Optoelectronics: Record Cash Outflows Likely To Result In Further Dilution - Sell

Jun 12
PCLA
US$3.39
PicoCELA
7D
58.4%
1Y
n/a