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

U.S. Telecom Services and Carriers Industry Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies55
  • 7D-2.9%
  • 3M10.4%
  • 1Y8.5%
  • YTD9.8%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.9%, driven by a pullback from AT&T of 5.3%. This takes the industry's 12 month performance to a gain of 8.5%. As for the next few years, earnings are expected to grow by 8.3% per annum.

Industry Valuation and Performance

Has the U.S. Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Apr 2026US$558.1bUS$406.5bUS$51.3b12.7x10.9x1.4x
Sun, 08 Mar 2026US$590.6bUS$406.5bUS$50.8b10.4x11.6x1.5x
Tue, 03 Feb 2026US$546.4bUS$406.3bUS$55.9b11x9.8x1.3x
Thu, 01 Jan 2026US$408.7bUS$286.7bUS$38.5b9.7x10.6x1.4x
Sat, 29 Nov 2025US$408.2bUS$284.0bUS$38.4b9.2x10.6x1.4x
Mon, 27 Oct 2025US$407.2bUS$287.0bUS$35.0b11.5x11.6x1.4x
Wed, 24 Sep 2025US$443.6bUS$286.5bUS$25.5b15.4x17.4x1.5x
Fri, 22 Aug 2025US$449.9bUS$286.4bUS$25.5b15.2x17.7x1.6x
Sun, 20 Jul 2025US$414.5bUS$282.4bUS$27.5b15.6x15x1.5x
Tue, 17 Jun 2025US$427.7bUS$282.4bUS$27.5b17.1x15.5x1.5x
Thu, 15 May 2025US$409.0bUS$282.2bUS$27.4b16.2x14.9x1.4x
Sat, 12 Apr 2025US$413.0bUS$282.1bUS$28.1b14x14.7x1.5x
Mon, 10 Mar 2025US$433.3bUS$281.4bUS$28.2b11.1x15.4x1.5x
Wed, 05 Feb 2025US$383.6bUS$284.5bUS$22.7b16.2x16.9x1.3x
Fri, 03 Jan 2025US$375.6bUS$283.6bUS$13.1b18.8x28.6x1.3x
Sun, 01 Dec 2024US$398.4bUS$281.4bUS$13.3b20.2x30.1x1.4x
Tue, 29 Oct 2024US$371.9bUS$281.2bUS$16.1b18.4x23.1x1.3x
Thu, 26 Sep 2024US$382.8bUS$281.4bUS$21.2b17.9x18.1x1.4x
Sat, 24 Aug 2024US$350.8bUS$281.4bUS$21.2b18.6x16.6x1.2x
Mon, 22 Jul 2024US$343.6bUS$281.1bUS$22.7b21.1x15.2x1.2x
Wed, 19 Jun 2024US$322.2bUS$281.1bUS$22.7b25.7x14.2x1.1x
Fri, 17 May 2024US$324.6bUS$281.0bUS$22.7b27.4x14.3x1.2x
Sun, 14 Apr 2024US$314.9bUS$281.7bUS$22.5b26.8x14x1.1x
Tue, 12 Mar 2024US$323.1bUS$283.8bUS$20.8b26.3x15.5x1.1x
Thu, 08 Feb 2024US$332.5bUS$285.5bUS$19.9b14.6x16.7x1.2x
Sat, 06 Jan 2024US$328.8bUS$300.0b-US$7,362,407,040.0021.3x-44.7x1.1x
Mon, 04 Dec 2023US$318.8bUS$300.0b-US$7,362,654,300.0010.2x-43.3x1.1x
Wed, 01 Nov 2023US$291.7bUS$300.5b-US$4,695,091,679.007.1x-62.1x1x
Fri, 29 Sep 2023US$279.6bUS$301.1b-US$2,062,126,016.008.8x-135.6x0.9x
Sun, 27 Aug 2023US$278.0bUS$301.1b-US$2,059,826,705.0010.3x-135x0.9x
Tue, 25 Jul 2023US$287.7bUS$302.2bUS$9.5b12x30.2x1x
Thu, 22 Jun 2023US$299.1bUS$302.2bUS$9.5b11.1x31.3x1x
Sat, 20 May 2023US$305.4bUS$302.1bUS$9.5b10.9x32.1x1x
Mon, 17 Apr 2023US$346.7bUS$303.3bUS$11.8b13.1x29.4x1.1x
Price to Earnings Ratio

29.4x


Total Market Cap: US$346.7bTotal Earnings: US$11.8bTotal Revenue: US$303.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Services and Carriers Industry Price to Earnings3Y Average 1.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 10.9x which is higher than its 3-year average PE of 1.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 63% per year over the last three years.
  • Revenues for these companies have grown 10% 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 industry?

US Market3.43%
Telecom5.64%
Telecom Services and Carriers-2.93%
Alternative Carriers-1.16%
Integrated Telecom Services-3.14%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 16.3x.
    • Analysts are expecting annual earnings decline of 1.8%, which is lower than the prior year's growth of 13.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 92% over the next 5 years.
  • This is better than its past earnings growth rate of 43% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CMCSA ComcastUS$28.311.4%
+US$1.4b		-15.9%PE5.1x
LUMN Lumen TechnologiesUS$7.487.0%
+US$501.9m		111.3%PS0.6x
IRDM Iridium CommunicationsUS$34.655.4%
+US$189.2m		43.5%PE32x
UNIT Uniti GroupUS$10.673.3%
+US$81.3m		51.0%PE2x
CCOI Cogent Communications HoldingsUS$20.447.6%
+US$68.8m		-59.6%PS1.1x

Latest News

CMCSA
US$28.31
Comcast
7D
1.4%
1Y
-15.9%
VZ
US$47.78
Verizon Communications
7D
-3.3%
1Y
11.3%

VZ: Fair Value View Will Balance Cost Cuts And Disclosure Concerns

Verizon Communications' analyst price target inches up by about $0.40 to $51.17 as analysts balance recent upgrades and price target increases with concerns about disclosure clarity and competitive pressures in wireless and broadband. Analyst Commentary Recent research on Verizon shows a split view, with several firms raising price targets or upgrading ratings while others highlight disclosure issues and competitive challenges that could affect how reliably investors can assess execution and future growth.
IRDM
US$34.65
Iridium Communications
7D
5.4%
1Y
43.5%
ATNI
US$26.18
ATN International
7D
-4.4%
1Y
51.8%

ATNI: Leadership Transition And Completed Buybacks Will Support Future Upside Potential

Analysts kept the $69.00 price target for ATN International unchanged, citing only very small adjustments to inputs such as the discount rate, long term revenue growth, profit margin, and future P/E assumptions. What's in the News The Board of Directors appointed Naji Khoury as Chief Executive Officer of ATN International, effective April 20, 2026.
CCOI
US$20.44
Cogent Communications Holdings
7D
7.6%
1Y
-59.6%

CCOI: Future Data Center Sales And Refinancing Will Support Balance Sheet Recovery

Narrative Update on Cogent Communications Holdings The consolidated analyst price target for Cogent Communications Holdings has moved lower by several dollars into a mid $20s range, as analysts factor in softer Q4 results, continued pressure from off net revenue decay, slower waves growth, and uncertainty around data center sale execution and balance sheet moves. Analyst Commentary Recent research updates cluster around a common theme, with most price targets moving into a mid to high $20s range and a few outliers higher.
UNIT
US$10.67
Uniti Group
7D
3.3%
1Y
51.0%
ASTS
US$91.61
AST SpaceMobile
7D
-1.1%
1Y
295.9%

AST SpaceMobile: Navigating Competition From Starlink And Bezos

Apr 06
GSAT
US$73.13
Globalstar
7D
-5.9%
1Y
278.9%

Amazon Vs. Starlink: The $9 Billion Globalstar Deal That Could Change Everything

Apr 04
T
US$26.84
AT&T
7D
-5.3%
1Y
1.7%
IHS
US$8.23
IHS Holding
7D
-0.7%
1Y
80.1%

IHS: MTN Cash Offer Will Cap Upside And Drive Bearish Repricing

Analysts have trimmed their price target on IHS Holding to $8.50 from $17, reflecting the agreed $8.50 per share cash offer from MTN Group and the high level of shareholder support already lined up for the deal. Analyst Commentary Bearish analysts are signaling a more cautious stance on IHS Holding after the agreed cash offer of $8.50 per share, with price targets being reset to align with the proposed deal terms.
LUMN
US$7.48
Lumen Technologies
7D
7.0%
1Y
111.3%

Lumen Under Pressure As Turnaround Story Concludes (Rating Downgrade)

Apr 02
LBTY.A
US$12.35
Liberty Global
7D
0.9%
1Y
16.8%

LBTY.A: Fiber Deals And Buybacks Will Support Future Upside Potential

Analysts recently raised their price target on Liberty Global to $14 from $13, reflecting updated forecasts and valuation work following the latest company results, along with modest adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts view the move to a US$14 price target as aligned with updated valuation work that reflects the latest company results, suggesting that current pricing screens as broadly in line with their fair value range.
GLIB.A
US$36.20
GCI Liberty
7D
-1.2%
1Y
n/a
IDT
US$50.01
IDT
7D
3.2%
1Y
4.8%

IDT: Share Repurchases And Dividend Policy Will Support Future Upside

Analysts have revised their price target on IDT to reflect updated views on revenue growth, profit margins, and the future P/E multiple. This has led to an adjusted fair value estimate of approximately $80.00 per share.
TSAT
US$44.67
Telesat
7D
11.4%
1Y
155.1%
ATEX
US$37.56
Anterix
7D
-7.0%
1Y
14.7%