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

U.S. Telecom Services and Carriers Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies54
  • 7D-1.9%
  • 3M14.3%
  • 1Y12.0%
  • YTD11.8%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.9%, driven by Verizon Communications declining 3.1%. On the other hand AST SpaceMobile is actually up 12%. Over the past 12 months, the industry was up 12%. 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
Thu, 09 Apr 2026US$567.3bUS$406.4bUS$51.3b13.1x11.1x1.4x
Sat, 07 Mar 2026US$594.3bUS$406.5bUS$50.8b10.4x11.7x1.5x
Mon, 02 Feb 2026US$546.4bUS$406.3bUS$55.9b10.9x9.8x1.3x
Wed, 31 Dec 2025US$407.5bUS$286.7bUS$38.5b9.7x10.6x1.4x
Fri, 28 Nov 2025US$408.0bUS$284.0bUS$38.4b8.9x10.6x1.4x
Sun, 26 Oct 2025US$407.2bUS$287.0bUS$35.0b11.5x11.6x1.4x
Tue, 23 Sep 2025US$444.0bUS$286.5bUS$25.5b15.6x17.4x1.5x
Thu, 21 Aug 2025US$447.2bUS$286.4bUS$25.5b14.9x17.5x1.6x
Sat, 19 Jul 2025US$421.3bUS$282.4bUS$27.5b15.6x15.3x1.5x
Mon, 16 Jun 2025US$427.7bUS$282.4bUS$27.5b17.3x15.5x1.5x
Wed, 14 May 2025US$414.6bUS$282.3bUS$27.4b16.2x15.1x1.5x
Fri, 11 Apr 2025US$414.0bUS$282.0bUS$28.1b13.9x14.7x1.5x
Sun, 09 Mar 2025US$433.3bUS$281.4bUS$28.2b11.1x15.4x1.5x
Tue, 04 Feb 2025US$377.2bUS$284.5bUS$22.8b16.2x16.6x1.3x
Thu, 02 Jan 2025US$375.6bUS$283.7bUS$13.1b18.8x28.6x1.3x
Sat, 30 Nov 2024US$398.4bUS$281.4bUS$13.3b20.2x30.1x1.4x
Mon, 28 Oct 2024US$371.9bUS$281.2bUS$16.1b18.2x23.1x1.3x
Wed, 25 Sep 2024US$380.4bUS$281.4bUS$21.2b18.8x18x1.4x
Fri, 23 Aug 2024US$352.9bUS$281.4bUS$21.2b18.7x16.7x1.3x
Sun, 21 Jul 2024US$345.1bUS$281.1bUS$22.7b23.7x15.2x1.2x
Tue, 18 Jun 2024US$322.8bUS$281.1bUS$22.7b25.7x14.2x1.1x
Thu, 16 May 2024US$323.6bUS$281.0bUS$22.7b27.3x14.3x1.2x
Sat, 13 Apr 2024US$314.9bUS$281.7bUS$22.5b26.8x14x1.1x
Mon, 11 Mar 2024US$319.0bUS$283.8bUS$20.8b26.4x15.3x1.1x
Wed, 07 Feb 2024US$333.9bUS$300.3bUS$8.5b14.9x39.3x1.1x
Fri, 05 Jan 2024US$328.8bUS$300.0b-US$7,362,414,460.0021.3x-44.7x1.1x
Sun, 03 Dec 2023US$318.8bUS$300.0b-US$7,362,654,300.0010.2x-43.3x1.1x
Tue, 31 Oct 2023US$288.3bUS$300.5b-US$4,695,081,687.007x-61.4x1x
Thu, 28 Sep 2023US$277.8bUS$301.1b-US$2,062,137,286.008.3x-134.7x0.9x
Sat, 26 Aug 2023US$278.0bUS$301.1b-US$2,059,825,723.0010.3x-135x0.9x
Mon, 24 Jul 2023US$286.1bUS$302.2bUS$9.5b12.1x30x0.9x
Wed, 21 Jun 2023US$300.9bUS$302.2bUS$9.5b11.5x31.5x1x
Fri, 19 May 2023US$307.8bUS$302.1bUS$9.5b11.3x32.3x1x
Sun, 16 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 11.1x which is higher than its 3-year average PE of 1.2x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.4x.
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 Market1.21%
Telecom3.12%
Telecom Services and Carriers-1.92%
Alternative Carriers10.67%
Integrated Telecom Services-3.20%
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 16.4x.
    • Analysts are expecting annual earnings decline of 1.4%, 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
ASTS AST SpaceMobileUS$96.4614.8%
+US$3.6b		299.6%PS398x
GSAT GlobalstarUS$74.919.3%
+US$822.9m		274.2%PS35.3x
IRDM Iridium CommunicationsUS$34.6221.4%
+US$666.6m		40.4%PE32x
LBTY.A Liberty GlobalUS$12.593.7%
+US$150.8m		18.3%PS0.9x
TSAT TelesatUS$44.1027.1%
+US$139.7m		141.6%PS2.2x

Latest News

IRDM
US$34.62
Iridium Communications
7D
21.4%
1Y
40.4%
VZ
US$48.04
Verizon Communications
7D
-2.7%
1Y
12.0%
ELWT
US$6.44
Elauwit Connection
7D
-0.2%
1Y
n/a
ATNI
US$26.63
ATN International
7D
-2.9%
1Y
49.4%
CMCSA
US$27.96
Comcast
7D
-0.3%
1Y
-20.5%

Comcast Corporation – Broadband Expansion and Launch of Integrated Connectivity Solutions for Residential and SME Growth

Author: Qudus Adebara (Founder of Wane Investment House) Comcast Corporation has expanded its broadband infrastructure in Southern Chester County while simultaneously launching a new integrated connectivity and cybersecurity solution targeted at small businesses, reinforcing its dual growth strategy across residential and enterprise segments. Network Expansion Overview Coverage Area: East Nottingham & Oxford Borough, Pennsylvania New Connections: 5,200+ homes and businesses Service Platform: Xfinity Network Capability: Multi-gigabit, symmetrical internet Expansion Pipeline: Ongoing construction in Lower Oxford Township & West Nottingham Public-private partnerships to extend coverage in underserved areas Residential Platform Expansion (Xfinity Ecosystem) Comcast is deploying a fully integrated digital lifestyle platform , combining: Connectivity & Digital Services High-speed broadband (multi-gig speeds, 99.9% reliability) Wi-Fi coverage across entire households Mobility & Entertainment Mobile services with nationwide connectivity Unified TV and streaming platform Smart Home Integration Home security systems Automation and remote monitoring This positions Xfinity as a converged service provider , delivering bundled digital solutions rather than standalone connectivity.
CCOI
US$19.73
Cogent Communications Holdings
7D
7.8%
1Y
-63.3%

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$10.52
Uniti Group
7D
5.1%
1Y
43.5%
ASTS
US$96.46
AST SpaceMobile
7D
14.8%
1Y
299.6%

AST SpaceMobile: Navigating Competition From Starlink And Bezos

Apr 06
GSAT
US$74.91
Globalstar
7D
9.3%
1Y
274.2%

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

Apr 04
T
US$27.35
AT&T
7D
-3.4%
1Y
3.3%
LBTY.A
US$12.59
Liberty Global
7D
3.7%
1Y
18.3%

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$36.17
GCI Liberty
7D
-0.4%
1Y
n/a
LILA
US$8.24
Liberty Latin America
7D
-2.0%
1Y
49.8%

LILA: Higher Assumed P/E Multiple Will Support Future Share Rebound

Analysts have adjusted their price target on Liberty Latin America to $11.90, reflecting updated views on slightly higher revenue growth expectations, a lower projected profit margin, and a higher assumed future P/E multiple. What's in the News Completed share repurchases of 300,000 shares between October 1, 2025 and December 31, 2025 for US$2.51 million, representing 0.15% of the company under the buyback program announced on May 8, 2023 (Key Developments).
TSAT
US$44.10
Telesat
7D
27.1%
1Y
141.6%
ATEX
US$41.49
Anterix
7D
6.1%
1Y
25.8%
SHEN
US$14.42
Shenandoah Telecommunications
7D
-5.4%
1Y
14.3%