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U.S. Communications Industry Analysis

UpdatedAug 25, 2025
DataAggregated Company Financials
Companies76
  • 7D0.4%
  • 3M17.6%
  • 1Y39.1%
  • YTD15.6%

The Communications is pretty flat in the last 7 days, but Ubiquiti has stood out, gaining 26%. As for the the longer term, the industry is up 39% over the past 12 months. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Wed, 11 Jan 2023US$295.5bUS$86.7bUS$13.0b28x22.7x3.4x
Fri, 09 Dec 2022US$300.8bUS$86.7bUS$13.0b29.1x23.1x3.5x
Sun, 06 Nov 2022US$281.3bUS$85.7bUS$13.6b24.4x20.7x3.3x
Tue, 04 Oct 2022US$260.7bUS$84.9bUS$13.5b23.4x19.4x3.1x
Thu, 01 Sep 2022US$282.3bUS$85.3bUS$13.7b22.8x20.6x3.3x
Price to Earnings Ratio

20.6x


Total Market Cap: US$282.3bTotal Earnings: US$13.7bTotal Revenue: US$85.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Communications Industry Price to Earnings3Y Average 29.1x202320242025
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 37.4x which is higher than its 3-year average PE of 29.1x.
  • The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 5.9% per year over the last three years.
  • Revenues for these companies have grown 6.5% 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 Market0.47%
Tech-1.36%
Communications0.43%
Communications Equipment0.43%
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
UI UbiquitiUS$510.2325.9%
+US$6.3b		147.9%PE43.4x
CSCO Cisco SystemsUS$67.320.6%
+US$1.5b		32.5%PE25.5x
ONDS Ondas HoldingsUS$4.4912.0%
+US$131.8m		419.6%PS76.4x
MSI Motorola SolutionsUS$461.910.2%
+US$121.6m		7.4%PE36.4x
EXTR Extreme NetworksUS$20.674.0%
+US$105.8m		37.5%PS2.4x

Latest News

NTGR
US$27.48
NETGEAR
7D
11.5%
1Y
65.6%

Expanding ProAV And Cloud Networking Will Raise Stakes Despite Risks

Key Takeaways Shift toward enterprise networking, cloud-managed solutions, and services is enhancing high-margin, recurring revenue streams and supporting sustained margin improvement. Expanded premium home networking portfolio and strengthened cybersecurity positioning are enabling greater market share in both consumer and enterprise segments.
UI
US$510.23
Ubiquiti
7D
25.9%
1Y
147.9%
ONDS
US$4.49
Ondas Holdings
7D
12.0%
1Y
419.6%

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.
VSAT
US$27.93
Viasat
7D
2.0%
1Y
64.1%
ANET
US$133.25
Arista Networks
7D
-3.5%
1Y
54.6%
ITRN
US$37.12
Ituran Location and Control
7D
-7.8%
1Y
24.3%
KVHI
US$5.39
KVH Industries
7D
-0.9%
1Y
17.4%

KVH Industries Is Growing For The First Time In Two Years, But Remains Unprofitable

Aug 21
VIAV
US$11.10
Viavi Solutions
7D
3.5%
1Y
29.8%
EXTR
US$20.67
Extreme Networks
7D
4.0%
1Y
37.5%
CSCO
US$67.32
Cisco Systems
7D
0.6%
1Y
32.5%
MSI
US$461.91
Motorola Solutions
7D
0.2%
1Y
7.4%
AUDC
US$9.21
AudioCodes
7D
-6.2%
1Y
-14.5%
AAOI
US$24.79
Applied Optoelectronics
7D
-5.1%
1Y
157.7%

US And Taiwan Manufacturing Will Fuel Optical Market Expansion

Despite a substantial improvement in net profit margin and a sharp decline in future P/E, the consensus analyst price target for Applied Optoelectronics has been revised downward from $31.33 to $29.50. What's in the News Provided Q3 2025 revenue guidance of $115 million to $127 million.
COMM
US$15.61
CommScope Holding Company
7D
-0.5%
1Y
255.6%
CIEN
US$89.81
Ciena
7D
-2.3%
1Y
58.1%
PCLA
US$0.46
PicoCELA
7D
-7.6%
1Y
n/a