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

U.S. Communications Industry Analysis

UpdatedJun 18, 2025
DataAggregated Company Financials
Companies79
  • 7D-1.3%
  • 3M5.6%
  • 1Y28.3%
  • YTD-2.1%

Over the last 7 days, the Communications industry has dropped 1.3%, driven by Arista Networks declining 4.2%. This takes the industry's 12 month performance to a gain of 28%. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Jun 2025US$534.7bUS$105.7bUS$14.3b26.7x37.3x5.1x
Sat, 17 May 2025US$534.6bUS$105.5bUS$14.5b25.8x36.9x5.1x
Mon, 14 Apr 2025US$463.5bUS$102.8bUS$12.4b24.8x37.3x4.5x
Wed, 12 Mar 2025US$490.1bUS$103.1bUS$12.4b25.7x39.7x4.8x
Fri, 07 Feb 2025US$572.4bUS$102.5bUS$12.2b26x46.8x5.6x
Sun, 05 Jan 2025US$544.6bUS$102.4bUS$12.1b24.5x45x5.3x
Tue, 03 Dec 2024US$531.7bUS$102.5bUS$12.1b24.9x43.9x5.2x
Thu, 31 Oct 2024US$500.4bUS$103.0bUS$12.0b24.3x41.7x4.9x
Sat, 28 Sep 2024US$479.4bUS$103.0bUS$12.0b26.4x40x4.7x
Mon, 26 Aug 2024US$455.5bUS$103.1bUS$12.0b28.5x38.1x4.4x
Wed, 24 Jul 2024US$347.5bUS$92.6bUS$12.6b27.2x27.6x3.8x
Fri, 21 Jun 2024US$340.3bUS$92.7bUS$12.6b26.4x27x3.7x
Sun, 19 May 2024US$344.9bUS$92.4bUS$12.7b27.3x27.1x3.7x
Tue, 16 Apr 2024US$388.2bUS$104.8bUS$16.3b33x23.9x3.7x
Thu, 14 Mar 2024US$400.9bUS$104.8bUS$16.3b32.7x24.5x3.8x
Sat, 10 Feb 2024US$400.6bUS$105.5bUS$16.5b29.6x24.3x3.8x
Mon, 08 Jan 2024US$326.6bUS$96.1bUS$15.1b25x21.6x3.4x
Wed, 06 Dec 2023US$311.5bUS$96.0bUS$14.9b25x20.9x3.2x
Fri, 03 Nov 2023US$321.6bUS$95.0bUS$14.8b23.2x21.8x3.4x
Sun, 01 Oct 2023US$325.4bUS$94.7bUS$14.6b24.6x22.2x3.4x
Tue, 29 Aug 2023US$334.6bUS$94.5bUS$14.6b29.4x22.9x3.5x
Thu, 27 Jul 2023US$325.1bUS$91.5bUS$13.5b26.1x24.1x3.6x
Sat, 24 Jun 2023US$306.1bUS$91.4bUS$13.5b23.6x22.7x3.3x
Mon, 22 May 2023US$297.6bUS$91.2bUS$13.5b25.1x22.1x3.3x
Wed, 19 Apr 2023US$309.5bUS$89.0bUS$13.2b26.3x23.5x3.5x
Fri, 17 Mar 2023US$310.3bUS$89.0bUS$13.1b25.9x23.7x3.5x
Sun, 12 Feb 2023US$291.7bUS$87.2bUS$12.9b31x22.6x3.3x
Tue, 10 Jan 2023US$294.4bUS$86.7bUS$13.0b28.5x22.6x3.4x
Thu, 08 Dec 2022US$294.2bUS$86.8bUS$13.1b28.4x22.5x3.4x
Sat, 05 Nov 2022US$281.3bUS$85.7bUS$13.6b24.4x20.7x3.3x
Mon, 03 Oct 2022US$252.9bUS$84.9bUS$13.5b22.9x18.8x3x
Wed, 31 Aug 2022US$285.5bUS$85.3bUS$13.7b23.1x20.9x3.3x
Fri, 29 Jul 2022US$277.8bUS$84.7bUS$14.0b23.4x19.9x3.3x
Sun, 26 Jun 2022US$268.9bUS$84.6bUS$14.0b21.9x19.3x3.2x
Price to Earnings Ratio

19.3x


Total Market Cap: US$268.9bTotal Earnings: US$14.0bTotal Revenue: US$84.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 27.9x202320242025
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 37.3x which is higher than its 3-year average PE of 27.9x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 5.1x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.7% 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 Trends

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

US Market-0.99%
Tech0.058%
Communications-1.32%
Communications Equipment-1.32%
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$65.842.6%
+US$6.5b		43.2%PE26.6x
LITE Lumentum HoldingsUS$88.467.4%
+US$423.3m		78.4%PS4.2x
VSAT ViasatUS$13.3121.2%
+US$303.6m		0.8%PS0.4x
CIEN CienaUS$73.822.2%
+US$226.2m		58.5%PE99.6x
BKTI BK TechnologiesUS$51.6521.7%
+US$33.9m		285.4%PE19.3x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

CSCO

US$65.84

Cisco Systems

7D

2.6%

1Y

43.2%

CIEN

US$73.82

Ciena

7D

2.2%

1Y

58.5%

LITE

US$88.46

Lumentum Holdings

7D

7.4%

1Y

78.4%

Should You Investigate Lumentum Holdings Inc. (NASDAQ:LITE) At US$85.78?

Jun 17
Should You Investigate Lumentum Holdings Inc. (NASDAQ:LITE) At US$85.78?

NTGR

US$26.70

NETGEAR

7D

-10.5%

1Y

81.3%

What Does NETGEAR, Inc.'s (NASDAQ:NTGR) Share Price Indicate?

Jun 15
What Does NETGEAR, Inc.'s (NASDAQ:NTGR) Share Price Indicate?

ONDS

US$1.55

Ondas Holdings

7D

4.7%

1Y

112.4%

Why Investors Shouldn't Be Surprised By Ondas Holdings Inc.'s (NASDAQ:ONDS) 96% Share Price Surge

Jun 15
Why Investors Shouldn't Be Surprised By Ondas Holdings Inc.'s (NASDAQ:ONDS) 96% Share Price Surge

VSAT

US$13.31

Viasat

7D

21.2%

1Y

0.8%

Viasat: A Compelling Investment Poised For Growth And Deleveraging

Jun 15

FFIV

US$286.48

F5

7D

-2.2%

1Y

69.0%

AAOI

US$16.78

Applied Optoelectronics

7D

2.1%

1Y

67.1%

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

Jun 12

HLIT

US$8.79

Harmonic

7D

-4.2%

1Y

-20.7%

Harmonic (NASDAQ:HLIT) Seems To Use Debt Rather Sparingly

Jun 10
Harmonic (NASDAQ:HLIT) Seems To Use Debt Rather Sparingly

MSI

US$404.74

Motorola Solutions

7D

-1.1%

1Y

5.5%

CALX

US$47.13

Calix

7D

-1.6%

1Y

34.9%

DGII

US$33.31

Digi International

7D

-3.3%

1Y

49.8%

ADTN

US$7.94

ADTRAN Holdings

7D

1.3%

1Y

59.8%

ANET

US$90.24

Arista Networks

7D

-4.2%

1Y

6.1%

UI

US$376.84

Ubiquiti

7D

-6.0%

1Y

160.2%

BKTI

US$51.65

BK Technologies

7D

21.7%

1Y

285.4%