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U.S. Communications Equipment Industry Analysis

UpdatedAug 29, 2025
DataAggregated Company Financials
Companies76
  • 7D5.1%
  • 3M24.1%
  • 1Y43.5%
  • YTDn/a

Cisco Systems is up 3.6%, leading the way for the Communications Equipment industry, which has gained 3.5%. In the same time, Ituran Location and Control was down 5.9%. This takes the industry's 12 month performance to a gain of 42%. Looking forward, 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
Fri, 29 Aug 2025US$614.3bUS$103.0bUS$16.2b26.3x37.8x6x
Sun, 27 Jul 2025US$572.8bUS$100.6bUS$14.0b28.6x40.9x5.7x
Tue, 24 Jun 2025US$540.7bUS$105.7bUS$14.3b27.3x37.7x5.1x
Thu, 22 May 2025US$532.2bUS$105.5bUS$14.5b25.7x36.8x5x
Sat, 19 Apr 2025US$454.4bUS$102.8bUS$12.4b24.1x36.5x4.4x
Mon, 17 Mar 2025US$493.9bUS$103.1bUS$12.4b25.4x39.9x4.8x
Wed, 12 Feb 2025US$575.8bUS$102.7bUS$12.2b26.5x47x5.6x
Fri, 10 Jan 2025US$547.3bUS$102.4bUS$12.1b24.2x45.2x5.3x
Sun, 08 Dec 2024US$543.0bUS$102.5bUS$12.1b24.8x44.8x5.3x
Tue, 05 Nov 2024US$496.3bUS$102.8bUS$12.0b23.7x41.2x4.8x
Thu, 03 Oct 2024US$479.7bUS$102.9bUS$12.0b24.6x40x4.7x
Sat, 31 Aug 2024US$452.7bUS$103.1bUS$12.0b27.2x37.8x4.4x
Mon, 29 Jul 2024US$345.5bUS$92.3bUS$12.2b27.6x28.4x3.7x
Wed, 26 Jun 2024US$342.0bUS$92.7bUS$12.6b26.3x27.1x3.7x
Fri, 24 May 2024US$339.5bUS$92.9bUS$12.7b27.3x26.8x3.7x
Sun, 21 Apr 2024US$377.1bUS$104.8bUS$16.3b30.1x23.2x3.6x
Tue, 19 Mar 2024US$398.0bUS$104.8bUS$16.3b31.4x24.4x3.8x
Thu, 15 Feb 2024US$390.5bUS$105.8bUS$16.7b29.8x23.4x3.7x
Sat, 13 Jan 2024US$337.3bUS$96.1bUS$15.1b25.1x22.3x3.5x
Mon, 11 Dec 2023US$315.5bUS$96.1bUS$15.1b25.2x20.9x3.3x
Wed, 08 Nov 2023US$328.1bUS$94.9bUS$14.7b23.4x22.4x3.5x
Fri, 06 Oct 2023US$320.9bUS$94.7bUS$14.6b23.3x21.9x3.4x
Sun, 03 Sep 2023US$351.9bUS$94.7bUS$14.6b31x24x3.7x
Tue, 01 Aug 2023US$314.5bUS$91.6bUS$13.4b24.4x23.4x3.4x
Thu, 29 Jun 2023US$311.4bUS$91.4bUS$13.5b23.6x23.1x3.4x
Sat, 27 May 2023US$310.0bUS$91.2bUS$13.5b23x23x3.4x
Mon, 24 Apr 2023US$292.1bUS$89.1bUS$13.2b25.1x22.2x3.3x
Wed, 22 Mar 2023US$315.0bUS$89.0bUS$13.1b24.3x24x3.5x
Fri, 17 Feb 2023US$310.4bUS$88.5bUS$12.9b29.3x24.1x3.5x
Sun, 15 Jan 2023US$295.5bUS$86.7bUS$13.0b26.9x22.7x3.4x
Tue, 13 Dec 2022US$303.1bUS$86.7bUS$13.0b30.3x23.2x3.5x
Thu, 10 Nov 2022US$272.0bUS$86.0bUS$13.4b24.9x20.3x3.2x
Sat, 08 Oct 2022US$256.6bUS$84.9bUS$13.5b23.5x19.1x3x
Mon, 05 Sep 2022US$278.3bUS$85.2bUS$13.4b23.1x20.7x3.3x
Price to Earnings Ratio

20.7x


Total Market Cap: US$278.3bTotal Earnings: US$13.4bTotal Revenue: US$85.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Equipment Industry Price to Earnings3Y Average 29.2x202320242025
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 37.9x which is higher than its 3-year average PE of 29.2x.
  • The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have grown 6.5% per year over the last three years.
  • Revenues for these companies have grown 6.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

US Market2.28%
Tech2.99%
Communications5.09%
Communications Equipment5.09%
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$69.433.6%
+US$9.5b		37.8%PE26.3x
UI UbiquitiUS$532.2936.3%
+US$8.6b		173.8%PE45.2x
ANET Arista NetworksUS$136.233.2%
+US$5.3b		57.2%PE52.7x
CIEN CienaUS$97.8912.1%
+US$1.5b		72.5%PE132x
MSI Motorola SolutionsUS$470.101.7%
+US$1.3b		7.5%PE37x

Latest News

MSI
US$470.10
Motorola Solutions
7D
1.7%
1Y
7.5%
ITRN
US$34.51
Ituran Location and Control
7D
-5.9%
1Y
21.6%
CIEN
US$97.89
Ciena
7D
12.1%
1Y
72.5%

Growing AI And Cloud Demand Will Drive Future Market Share With WaveLogic 6 Extreme

Analysts have raised Ciena’s price target to $87.50 on surging demand from cloud providers and AI-driven infrastructure upgrades, though concerns over margin compression and limited earnings growth temper enthusiasm. Analyst Commentary Bullish analysts highlight surging demand for optical transmission and fiber infrastructure, driven by increasing data speeds and AI adoption, boosting Ciena’s revenue growth outlook.
ASNS
US$0.36
Actelis Networks
7D
-22.9%
1Y
-79.9%

Federal Certification And SaaS Offerings Will Unlock Smart City Prospects

Despite a sharp upward revision in revenue growth forecasts and a markedly lower future P/E, Actelis Networks’ consensus price target has decreased from $5.00 to $4.00. What's in the News Actelis Networks received notice from Nasdaq of potential delisting due to non-compliance with the $2.5 million stockholders’ equity requirement; the company plans to request a hearing and present a compliance plan, but outcome is uncertain.
UI
US$532.29
Ubiquiti
7D
36.3%
1Y
173.8%
LITE
US$135.55
Lumentum Holdings
7D
15.4%
1Y
139.8%
ONDS
US$5.70
Ondas Holdings
7D
50.0%
1Y
593.0%

Autonomous Systems And Palantir Partnership Will Open New Markets

Ondas Holdings’ consensus price target has been significantly raised to $5.00 as analysts cite the company’s strengthening leadership in U.S. drones, increasing defense sector traction, and large addressable opportunities that underpin expectations for robust long-term growth. Analyst Commentary Bullish analysts highlight Ondas' strong positioning as a leading U.S.-based pure-play drone company, expecting the unmanned aerial systems industry to enter a multi-year supercycle.
BOSC
US$4.81
B.O.S. Better Online Solutions
7D
-0.4%
1Y
67.6%
VSAT
US$32.53
Viasat
7D
22.2%
1Y
105.8%
ANET
US$136.23
Arista Networks
7D
3.2%
1Y
57.2%
CSCO
US$69.43
Cisco Systems
7D
3.6%
1Y
37.8%
CLRO
US$4.00
ClearOne
7D
-7.2%
1Y
-53.2%