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U.S. Telecom Sector Analysis

UpdatedJan 01, 2026
DataAggregated Company Financials
Companies505
  • 7D-0.4%
  • 3M5.6%
  • 1Y30.9%
  • YTD29.6%

Over the last 7 days, the Telecom industry has remained flat. As for the the longer term, the industry is up 31% over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the U.S. Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jan 2026US$7.8tUS$1.6tUS$282.6b16.2x27.7x4.7x
Sat, 29 Nov 2025US$7.8tUS$1.6tUS$282.5b17.1x27.6x4.8x
Mon, 27 Oct 2025US$7.4tUS$1.6tUS$295.3b17.4x25.1x4.6x
Wed, 24 Sep 2025US$7.6tUS$1.6tUS$286.1b20.5x26.5x4.7x
Fri, 22 Aug 2025US$6.9tUS$1.6tUS$286.7b18.7x24.2x4.3x
Sun, 20 Jul 2025US$6.6tUS$1.6tUS$250.6b17.7x26.3x4.1x
Tue, 17 Jun 2025US$6.4tUS$1.6tUS$250.1b17.2x25.5x4x
Thu, 15 May 2025US$6.0tUS$1.6tUS$248.1b17.7x24.4x3.8x
Sat, 12 Apr 2025US$5.5tUS$1.6tUS$227.2b15.5x24.2x3.5x
Mon, 10 Mar 2025US$6.1tUS$1.6tUS$228.0b16.3x26.6x3.8x
Wed, 05 Feb 2025US$6.6tUS$1.6tUS$210.1b18.1x31.3x4.2x
Fri, 03 Jan 2025US$6.0tUS$1.6tUS$189.8b18.7x31.8x3.8x
Sun, 01 Dec 2024US$5.9tUS$1.6tUS$189.7b20.2x31x3.7x
Tue, 29 Oct 2024US$5.6tUS$1.5tUS$180.7b18.4x31x3.6x
Thu, 26 Sep 2024US$5.5tUS$1.5tUS$188.2b17.9x29.4x3.6x
Sat, 24 Aug 2024US$5.4tUS$1.6tUS$189.3b19.7x28.4x3.5x
Mon, 22 Jul 2024US$5.4tUS$1.5tUS$191.7b17x28x3.5x
Wed, 19 Jun 2024US$5.4tUS$1.5tUS$191.0b16.4x28.4x3.6x
Fri, 17 May 2024US$5.3tUS$1.5tUS$193.9b19.5x27.2x3.5x
Sun, 14 Apr 2024US$5.2tUS$1.5tUS$176.0b18.4x29.6x3.5x
Tue, 12 Mar 2024US$4.8tUS$1.5tUS$173.8b17x27.9x3.2x
Thu, 08 Feb 2024US$4.8tUS$1.5tUS$170.2b13.9x28.5x3.2x
Sat, 06 Jan 2024US$4.6tUS$1.5tUS$128.1b16.3x35.6x3x
Mon, 04 Dec 2023US$4.4tUS$1.5tUS$128.1b16.4x34.5x2.9x
Wed, 01 Nov 2023US$4.1tUS$1.5tUS$126.1b12.6x32.6x2.7x
Fri, 29 Sep 2023US$4.2tUS$1.5tUS$104.7b14.2x40.4x2.8x
Sun, 27 Aug 2023US$4.2tUS$1.5tUS$104.0b13.6x40.1x2.8x
Tue, 25 Jul 2023US$4.2tUS$1.5tUS$107.2b15.2x39x2.8x
Thu, 22 Jun 2023US$4.1tUS$1.5tUS$107.1b17x38.1x2.7x
Sat, 20 May 2023US$4.0tUS$1.5tUS$106.1b17.1x37.6x2.7x
Mon, 17 Apr 2023US$3.8tUS$1.5tUS$115.8b16.7x33.2x2.6x
Wed, 15 Mar 2023US$3.4tUS$1.5tUS$114.8b18.1x29.7x2.3x
Fri, 10 Feb 2023US$3.6tUS$1.5tUS$125.2b19.1x28.8x2.4x
Sun, 08 Jan 2023US$3.3tUS$1.5tUS$166.4b16.9x19.8x2.2x
Price to Earnings Ratio

19.8x


Total Market Cap: US$3.3tTotal Earnings: US$166.4bTotal Revenue: US$1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Sector Price to Earnings3Y Average 30.4x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 30.4x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 3.1% 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. Telecom sector?

US Market-1.43%
Telecom-0.39%
Wireless Telecom1.84%
Telecom Services and Carriers0.13%
Media-0.26%
Entertainment-0.43%
Interactive Media and Services-0.53%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 19.8%, which is higher than its past year's earnings decline of 1.7% per year.
  • Investors are most pessimistic about the Telecom Services and Carriers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.1x.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 1.7% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 7.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TMUS T-Mobile USUS$203.042.0%
+US$4.5b		-7.5%PE19.1x
BIDU BaiduUS$130.665.9%
+US$2.5b		55.0%PE37.3x
VZ Verizon CommunicationsUS$40.731.0%
+US$1.7b		1.9%PE8.7x
T AT&TUS$24.840.7%
+US$1.3b		9.1%PE7.9x
TTWO Take-Two Interactive SoftwareUS$256.031.8%
+US$818.6m		39.1%PS7.6x

Latest News

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Reddit
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META
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1Y
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SPOT
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WBD
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SATS
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EchoStar
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1.6%
1Y
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SATS: Future Spectrum Sales Will Likely Leave Upside Expectations Vulnerable

Analysts have sharply raised their price target on EchoStar, lifting fair value from 28 dollars to 85 dollars. They cite a lower perceived risk profile, modestly improved long term margin and revenue expectations, and a higher justified future earnings multiple.
TTWO
US$256.03
Take-Two Interactive Software
7D
1.8%
1Y
39.1%
LYV
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Live Nation Entertainment
7D
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1Y
10.0%

LYV: Secondary Ticketing Reforms Will Support Future Upside Despite Regulatory Overhang

Analysts have modestly trimmed their price target on Live Nation Entertainment to approximately $169 per share. The change reflects slightly higher perceived regulatory risk and timing uncertainty around secondary ticketing and FTC actions, even as they continue to highlight robust demand indicators, strong onsite spending, and expectations for sustained double digit growth and improving profitability.
GOOGL
US$313.00
Alphabet
7D
-0.3%
1Y
65.3%
NFLX
US$93.76
Netflix
7D
0.1%
1Y
5.2%

NFLX: Future Performance Will Balance Warner Bid Risks And New Revenue Streams

Analysts have modestly reduced their Netflix price target to reflect a lower fair value estimate of about $86.94, driven by slightly slower expected revenue growth and a lower future P/E multiple. These factors are only partly offset by improved long term margin assumptions and a largely stock split adjusted framework.
BIDU
US$130.66
Baidu
7D
5.9%
1Y
55.0%

BIDU: AI Cloud And Robotaxis Will Drive Future Earnings Multiple Expansion

Analysts have nudged our Baidu fair value estimate slightly higher to approximately $152 per share, citing a wave of price target hikes and upgrades. They note growing confidence that accelerating AI cloud growth, emerging robotaxi monetization, and potential capital returns could support sustained earnings expansion and margin recovery into 2026.
ASTS
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AST SpaceMobile
7D
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1Y
244.2%
DIS
US$113.77
Walt Disney
7D
-0.6%
1Y
2.2%
T
US$24.84
AT&T
7D
0.7%
1Y
9.1%
VZ
US$40.73
Verizon Communications
7D
1.0%
1Y
1.9%
TMUS
US$203.04
T-Mobile US
7D
2.0%
1Y
-7.5%
TKO
US$209.00
TKO Group Holdings
7D
-4.1%
1Y
47.1%