DashboardPortfoliosWatchlistCommunityDiscoverScreener
Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
  • United States
  • Australia
  • United Kingdom
  • Canada
  • India
  • China
  • Argentina
  • Austria
  • Bahrain
  • Bangladesh
  • Belgium
  • Bermuda
  • Botswana
  • Brazil
  • Bulgaria
  • Chile
  • Colombia
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Egypt
  • Estonia
  • Finland
  • France
  • Germany
  • Ghana
  • Greece
  • Hong Kong
  • Hungary
  • Iceland
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Ivory Coast
  • Jamaica
  • Japan
  • Jordan
  • Kenya
  • Kuwait
  • Latvia
  • Lithuania
  • Luxembourg
  • Malawi
  • Malaysia
  • Malta
  • Mauritius
  • Mexico
  • Morocco
  • Namibia
  • Netherlands
  • New Zealand
  • Nigeria
  • Norway
  • Oman
  • Pakistan
  • Palestinian Authority
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Qatar
  • Romania
  • Russia
  • Saudi Arabia
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • South Korea
  • Spain
  • Sri Lanka
  • Sweden
  • Switzerland
  • Taiwan
  • Tanzania
  • Thailand
  • Trinidad & Tobago
  • Tunisia
  • Turkey
  • Uganda
  • Ukraine
  • United Arab Emirates
  • Venezuela
  • Vietnam
  • Zambia
  • Zimbabwe
  • All Industries
  • Energy
  • Energy Services
  • Oil and Gas Drilling
  • Oil and Gas Services
  • Oil and Gas
  • Oil and Gas Exploration and Production
  • Oil and Gas Refining and Marketing
  • Coal and Fuels
  • Oil and Gas Storage and Transportation
  • Real Estate
  • Real Estate
  • Diversified Real Estate
  • Real Estate Operating Companies
  • Real Estate Development
  • Real Estate Services
  • REITS
  • Diversified REITs
  • Industrial REITs
  • Office REITs
  • Residential REITs
  • Retail REITs
  • Specialized REITs
  • Hotel and Resort REITs
  • Healthcare REITs
  • Specialized REITs
  • Self-Storage REITs
  • Residential REITs
  • Single-Family Residential REITs
  • Hotel and Resort REITs
  • Industrial REITs
  • Health Care REITs
  • Retail REITs
  • Office REITs
  • Materials
  • Chemicals
  • Commodity Chemicals
  • Fertilizers and Agricultural Chemicals
  • Specialty Chemicals
  • Basic Materials
  • Construction Materials
  • Packaging
  • Metal and Glass Containers
  • Paper Packaging
  • Metals and Mining
  • Aluminum
  • Diversified Metals and Mining
  • Gold
  • Precious Metals and Minerals
  • Steel
  • Silver
  • Paper and Forestry Products
  • Paper Products
  • Industrials
  • Aerospace & Defense
  • Aerospace and Defense
  • Building
  • Building Products
  • Construction
  • Construction and Engineering
  • Electrical
  • Electrical Components
  • Heavy Electrical Equipment
  • Industrials
  • Industrial Conglomerates
  • Machinery
  • Construction Machinery and Vehicles
  • Industrial Machinery
  • Agricultural Machinery
  • Trade Distributors
  • Trade Companies and Distributors
  • Commercial Services
  • Commercial Printing
  • Diversified Support Services
  • Environmental and Facilities Services
  • Office Services and Supplies
  • Security and Alarm Services
  • Professional Services
  • HR Services
  • Research and Consulting Services
  • Logistics
  • Air Freight and Logistics
  • Airlines
  • Airlines
  • Marine and Shipping
  • Marine
  • Transportation
  • Railroads
  • Trucking
  • Cargo Ground Transportation
  • Infrastructure
  • Consumer Discretionary
  • Auto Components
  • Auto Parts and Equipment
  • Auto
  • Automobile Manufacturers
  • Motorcycle Manufacturers
  • Consumer Durables
  • Consumer Electronics
  • Home Furnishings
  • Homebuilding
  • Household Appliances
  • Housewares and Specialties
  • Leisure
  • Leisure Products
  • Luxury
  • Apparel, Accessories and Luxury Goods
  • Footwear
  • Textiles
  • Hospitality
  • Casinos and Gaming
  • Hotels, Resorts and Cruise Lines
  • Leisure Facilities
  • Restaurants
  • Consumer Services
  • Education Services
  • Specialized Consumer Services
  • Retail Distributors
  • Distributors
  • Online Retail and Ecommerce
  • Ecommerce
  • Specialty Stores
  • Apparel Retail
  • Computer and Electronics Retail
  • Home Improvement Retail
  • Specialty Stores
  • Home Furnishing Retail
  • Automotive Retail
  • General Merchandise and Department Stores
  • General Merchandise Stores
  • Broadline Retail
  • Consumer Staples
  • Food and Staples Retail
  • Drug Retail
  • Food Distributors
  • Food Retail
  • Big Box Super Stores
  • Beverage
  • Distillers and Wine Makers
  • Soft Drinks
  • Food
  • Agricultural Products
  • Packaged Foods and Meats
  • Tobacco
  • Tobacco
  • Household Products
  • Household Products
  • Personal Products
  • Personal Products
  • Healthcare
  • Medical Equipment
  • Medical Equipment
  • Medical Supplies
  • Healthcare Services
  • Healthcare Distributors
  • Healthcare Services
  • Healthcare Facilities
  • Managed Healthcare
  • Healthtech
  • Healthtech
  • Biotech
  • Biotech
  • Pharma
  • Pharma
  • Life Sciences
  • Clinical Research and Equipment
  • Financials
  • Banks
  • Diversified Banks
  • Regional Banks
  • Mortgage Finance
  • Thrifts and Mortgage Finance
  • Mortgage REITs
  • Mortgage REITs
  • Diversified Financial
  • Other Diversified Financial Services
  • Multi-Sector Holdings
  • Specialized Finance
  • Transaction and Payment Processing Services
  • Consumer Finance
  • Consumer Finance
  • Capital Markets
  • Financial Exchanges and Data
  • Asset Management
  • Investment Banking and Brokerage
  • Insurance
  • Insurance Brokers
  • Life and Health Insurance
  • Property and Casualty Insurance
  • Reinsurance
  • Tech
  • IT
  • Internet Services and Infrastructure
  • IT Consulting
  • Data Processing Services
  • Software
  • Application Software
  • Systems Software
  • Communications
  • Communications Equipment
  • Tech Hardware
  • Tech Hardware Storage and Peripherals
  • Electronic Equipment and Components
  • Electronic Equipment and Instruments
  • Electronic Manufacturing Services
  • Technology Distributors
  • Electronic Components
  • Semiconductors
  • Semiconductor Equipment
  • Semiconductors
  • Telecom
  • Entertainment
  • Movies and Entertainment
  • Interactive Home Entertainment
  • Interactive Media and Services
  • Interactive Media and Services
  • Media
  • Advertising
  • Broadcasting
  • Publishing
  • Cable and Satellite
  • Telecom Services and Carriers
  • Alternative Carriers
  • Integrated Telecom Services
  • Wireless Telecom
  • Wireless Telecom Services
  • Utilities
  • Electric Utilities
  • Electric Utilities
  • Gas Utilities
  • Gas Utilities
  • Other Utilities
  • Multi-Utilities
  • Water Utilities
  • Water
  • Renewable Energy
  • Independent Power Producers and Energy Traders
  • Renewable Energy
Header cover image
  • US Market
  • /
  • Telecom

U.S. Telecom Services and Carriers Industry Analysis

UpdatedSep 02, 2026
DataAggregated Company Financials
Companies53
  • 7D2.3%
  • 3M3.9%
  • 1Y-1.2%
  • YTD-8.1%

In the last week, the Telecom Services and Carriers industry is up 2.3%, with Space Exploration Technologies up 3.1%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 46% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 02 Sep 2026US$2.5tUS$430.4bUS$35.9b20.8x69.3x5.8x
Fri, 31 Jul 2026US$2.0tUS$426.6bUS$35.2b20.1x56.3x4.6x
Sun, 28 Jun 2026US$2.5tUS$426.6bUS$41.4b17.4x60.8x5.9x
Tue, 26 May 2026US$543.7bUS$410.2bUS$51.3b14.2x10.6x1.3x
Thu, 23 Apr 2026US$541.4bUS$407.4bUS$50.8b12.7x10.7x1.3x
Sat, 21 Mar 2026US$568.9bUS$406.4bUS$50.8b13.4x11.2x1.4x
Mon, 16 Feb 2026US$577.0bUS$406.3bUS$55.9b9.7x10.3x1.4x
Wed, 14 Jan 2026US$513.8bUS$410.1bUS$61.1b9.3x8.4x1.3x
Fri, 12 Dec 2025US$404.6bUS$284.0bUS$38.4b9.4x10.5x1.4x
Sun, 09 Nov 2025US$407.5bUS$287.6bUS$38.0b11.5x10.7x1.4x
Tue, 07 Oct 2025US$439.9bUS$286.5bUS$25.5b14.4x17.3x1.5x
Thu, 04 Sep 2025US$445.7bUS$286.4bUS$25.5b15.4x17.5x1.6x
Sat, 02 Aug 2025US$427.5bUS$286.3bUS$28.9b15.3x14.8x1.5x
Mon, 30 Jun 2025US$423.8bUS$282.4bUS$27.5b17.2x15.4x1.5x
Wed, 28 May 2025US$417.7bUS$282.3bUS$27.5b16.8x15.2x1.5x
Fri, 25 Apr 2025US$414.6bUS$283.2bUS$29.4b13.3x14.1x1.5x
Sun, 23 Mar 2025US$422.1bUS$281.8bUS$28.2b10.6x15x1.5x
Tue, 18 Feb 2025US$402.4bUS$284.5bUS$22.8b17.3x17.7x1.4x
Thu, 16 Jan 2025US$358.6bUS$283.6bUS$13.1b18.3x27.3x1.3x
Sat, 14 Dec 2024US$388.7bUS$284.8bUS$12.9b19.2x30.1x1.4x
Mon, 11 Nov 2024US$374.5bUS$281.4bUS$13.4b19.1x27.9x1.3x
Wed, 09 Oct 2024US$380.4bUS$281.4bUS$21.2b18.4x18x1.4x
Fri, 06 Sep 2024US$363.9bUS$281.4bUS$21.2b18.8x17.2x1.3x
Sun, 04 Aug 2024US$345.7bUS$281.3bUS$22.4b18.2x15.4x1.2x
Tue, 02 Jul 2024US$341.5bUS$281.1bUS$22.7b23x15.1x1.2x
Thu, 30 May 2024US$318.8bUS$281.1bUS$22.7b26.8x14.1x1.1x
Sat, 27 Apr 2024US$315.1bUS$281.7bUS$21.5b26.8x14.7x1.1x
Mon, 25 Mar 2024US$319.1bUS$281.7bUS$22.5b26.3x14.2x1.1x
Wed, 21 Feb 2024US$322.5bUS$283.8bUS$21.0b21.7x15.3x1.1x
Fri, 19 Jan 2024US$319.3bUS$300.0b-US$7,365,680,283.0015.6x-43.4x1.1x
Sun, 17 Dec 2023US$313.4bUS$300.0b-US$7,362,237,819.0012.4x-42.6x1x
Tue, 14 Nov 2023US$296.0bUS$300.0b-US$7,139,911,208.008.8x-41.5x1x
Thu, 12 Oct 2023US$273.1bUS$301.1b-US$2,062,111,796.008.3x-132.4x0.9x
Sat, 09 Sep 2023US$283.6bUS$301.1b-US$2,065,980,829.009.9x-137.3x0.9x
  • Price to Earnings
  • Price to Sales
  • Median Price to Earnings
Price to Earnings Ratio

-137.3x


Sat, 09 Sep 2023
Total Market Cap: US$283.6bTotal Earnings: -US$2,065,980,829.00Total Revenue: US$301.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Services and Carriers Industry Price to Earnings3Y Average 7.7x202420252026
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 69.3x which is higher than its 3-year average PE of 7.7x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • Total earnings for the Telecom industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

US Market-0.92%
Telecom-1.16%
Telecom Services and Carriers2.26%
Alternative Carriers2.88%
Integrated Telecom Services-0.24%
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 14.5x.
    • Analysts are expecting annual earnings growth of 3.9%, which is higher than its past year's earnings decline of 14.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 57% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 3.9% 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
SPCX Space Exploration TechnologiesUS$142.233.1%
+US$58.1b
n/aPS83.8x
T AT&TUS$26.000.9%
+US$1.6b
-10.6%PE8.3x
LUMN Lumen TechnologiesUS$6.388.3%
+US$505.4m
33.2%PS0.6x
VZ Verizon CommunicationsUS$50.300.1%
+US$207.7m
14.8%PE12.9x
BAND BandwidthUS$50.798.9%
+US$133.1m
233.0%PE721.9x

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
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.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide

Latest News

LBTY.A
US$10.54
Liberty Global
7D
-2.3%
1Y
-9.3%
TSAT
US$42.94
Telesat
7D
1.3%
1Y
109.6%
SPCX
US$142.23
Space Exploration Technologies
7D
3.1%
1Y
n/a
ASTS
US$55.80
AST SpaceMobile
7D
-10.0%
1Y
14.4%
Seeking Alpha • 20h

AST SpaceMobile: Q2 Was The Most Bullish Call But Overshadowed By Possible Manufacturing Delays

Summary AST SpaceMobile remains a compelling buy, though I downgrade it to buy due to short-term manufacturing delays impacting satellite launch cadence. Q2 call highlighted multi-billion-dollar revenue potential across defense, B2B, IoT, and other segments, with the defense base case now raised to $3 billion annually. Fair value is $165 per share, reflecting a higher discount rate amid manufacturing uncertainty; the long-term target remains $315–$551 per share by 2030. Execution risk centers on scaling manufacturing and timely satellite deployment, but expanded production capacity and a strong cash position support the investment thesis. Read the full article on Seeking Alpha
BAND
US$50.79
Bandwidth
7D
8.9%
1Y
233.0%
GSAT
US$81.37
Globalstar
7D
-0.8%
1Y
168.1%
Seeking Alpha • Aug 29

Globalstar: Q2 Improves The Deal Outlook, But I'm Staying On Hold

Summary Globalstar remains a Hold as the Amazon deal caps upside near $90, shifting focus from growth to deal closure probability. Q2 results highlight ongoing customer concentration risk—Apple accounted for 64% of first-half revenue—and continued net losses, though operational milestones have reduced potential price cuts. Regulatory progress is evident with Hart-Scott-Rodino clearance and satellite launches, but significant regulatory and timing risks remain before deal closure. With the stock near $82 and capped upside, the risk-reward profile is anchored by deal odds, not business fundamentals or re-rating potential. Read the full article on Seeking Alpha
LUMN
US$6.38
Lumen Technologies
7D
8.3%
1Y
33.2%
T
US$26.00
AT&T
7D
0.9%
1Y
-10.6%
CMCSA
US$26.30
Comcast
7D
-3.0%
1Y
-22.9%
IRDM
US$46.72
Iridium Communications
7D
-0.8%
1Y
88.5%
User avatar
Narrative Update • Aug 27

IRDM: Rocket Lab Deal Premium Will Likely Outrun Long Term Cash Returns

Analysts have lifted the fair value estimate for Iridium Communications to $36.00 from $16.00, reflecting updated assumptions around revenue growth, profit margins and future P/E multiples in light of recent price target increases following Rocket Lab's planned $8b acquisition of the company and Iridium's Q2 revenue and subscriber beat. Analyst Commentary Street research on Iridium Communications since the Rocket Lab acquisition announcement has been active, with several firms revisiting their valuation work and ratings.
ATEX
US$89.55
Anterix
7D
-3.1%
1Y
295.0%
CCOI
US$9.01
Cogent Communications Holdings
7D
-8.8%
1Y
-75.6%
UNIT
US$9.75
Uniti Group
7D
-3.5%
1Y
67.2%
VZ
US$50.30
Verizon Communications
7D
0.1%
1Y
14.8%
NXPL
US$9.64
NextPlat
7D
6.1%
1Y
46.4%
IHS
US$8.40
IHS Holding
7D
0.7%
1Y
17.0%