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

U.S. Telecom Services and Carriers Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies58
  • 7D10.8%
  • 3M-15.8%
  • 1Y-8.0%
  • YTD11.4%

The Telecom Services and Carriers industry is up 11% in the last week, with Space Exploration Technologies up 15%. Meanwhile, Verizon Communications actually underperformed within the industry, shrinking 5.7% in the last week. However, the industry is down 8.0% over the past year. As for the next few years, earnings are expected to grow by 57% 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
Mon, 22 Jun 2026US$2.9tUS$426.6bUS$41.4b15.6x70.6x6.8x
Wed, 20 May 2026US$522.0bUS$410.2bUS$51.3b13.6x10.2x1.3x
Fri, 17 Apr 2026US$531.1bUS$406.6bUS$51.3b12.6x10.4x1.3x
Sun, 15 Mar 2026US$577.9bUS$406.4bUS$50.8b10.4x11.4x1.4x
Tue, 10 Feb 2026US$560.9bUS$406.3bUS$55.9b9.6x10x1.4x
Thu, 08 Jan 2026US$413.8bUS$286.7bUS$38.5b12.3x10.7x1.4x
Sat, 06 Dec 2025US$414.2bUS$284.0bUS$38.4b8.9x10.8x1.5x
Mon, 03 Nov 2025US$411.2bUS$287.6bUS$38.0b11.8x10.8x1.4x
Wed, 01 Oct 2025US$437.7bUS$286.5bUS$25.5b14.8x17.2x1.5x
Fri, 29 Aug 2025US$447.5bUS$286.4bUS$25.5b15.6x17.5x1.6x
Sun, 27 Jul 2025US$434.2bUS$286.3bUS$28.9b15x15x1.5x
Tue, 24 Jun 2025US$429.3bUS$282.4bUS$27.5b17.3x15.6x1.5x
Thu, 22 May 2025US$424.7bUS$282.3bUS$27.5b16.8x15.4x1.5x
Sat, 19 Apr 2025US$420.5bUS$282.1bUS$28.1b13.1x15x1.5x
Mon, 17 Mar 2025US$417.8bUS$281.8bUS$28.2b10.5x14.8x1.5x
Wed, 12 Feb 2025US$390.0bUS$284.5bUS$22.8b16.8x17.1x1.4x
Fri, 10 Jan 2025US$365.8bUS$283.6bUS$13.1b18.4x27.8x1.3x
Sun, 08 Dec 2024US$395.1bUS$284.9bUS$12.9b19.1x30.6x1.4x
Tue, 05 Nov 2024US$373.6bUS$281.4bUS$14.0b18.2x26.7x1.3x
Thu, 03 Oct 2024US$387.3bUS$281.4bUS$21.2b18.1x18.3x1.4x
Sat, 31 Aug 2024US$353.2bUS$281.4bUS$21.2b18.8x16.7x1.3x
Mon, 29 Jul 2024US$340.8bUS$281.2bUS$22.6b20.9x15.1x1.2x
Wed, 26 Jun 2024US$336.4bUS$281.1bUS$22.7b25.2x14.8x1.2x
Fri, 24 May 2024US$322.6bUS$281.1bUS$22.7b28x14.2x1.1x
Sun, 21 Apr 2024US$315.8bUS$281.7bUS$22.5b26.8x14x1.1x
Tue, 19 Mar 2024US$319.8bUS$281.7bUS$22.5b27x14.2x1.1x
Thu, 15 Feb 2024US$321.5bUS$283.7bUS$19.8b18.1x16.3x1.1x
Sat, 13 Jan 2024US$318.9bUS$300.0b-US$7,362,391,055.0014.5x-43.3x1.1x
Mon, 11 Dec 2023US$318.2bUS$300.0b-US$7,362,262,013.0011.8x-43.2x1.1x
Wed, 08 Nov 2023US$298.1bUS$300.1b-US$6,973,250,396.008.4x-42.8x1x
Fri, 06 Oct 2023US$274.6bUS$301.1b-US$2,062,131,351.008.6x-133.1x0.9x
Sun, 03 Sep 2023US$290.0bUS$301.1b-US$2,059,835,663.0010.3x-140.8x1x
Tue, 01 Aug 2023US$283.5bUS$301.4bUS$6.6b12x42.7x0.9x
Thu, 29 Jun 2023US$305.8bUS$302.2bUS$9.5b12.5x32x1x
Price to Earnings Ratio

32x


Total Market Cap: US$305.8bTotal Earnings: US$9.5bTotal Revenue: US$302.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Services and Carriers Industry Price to Earnings3Y Average 0.4x202420252026
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 70.6x which is higher than its 3-year average PE of 0.41x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 6.8x.
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 12% 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 Market1.39%
Telecom3.87%
Telecom Services and Carriers10.78%
Alternative Carriers14.41%
Integrated Telecom Services-6.56%
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 15.4x.
    • Analysts are expecting annual earnings growth of 0.6%, which is higher than its past year's earnings decline of 2.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 67% over the next 5 years.
  • This is better than its past earnings decline of 12% 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
SPCX Space Exploration TechnologiesUS$185.0014.9%
+US$330.3b		n/aPS126.3x
IDT IDTUS$55.421.4%
+US$19.6m		-14.0%PE16.8x
IQST iQSTELUS$1.4027.3%
+US$2.0m		-84.9%PS0.03x

Latest News

IDT
US$55.42
IDT
7D
1.4%
1Y
-14.0%
Analysis Article • Jun 20

IDT (IDT) Stock Could Be 26.1% Undervalued as Buybacks and net2phone Growth Draw Focus

IDT (IDT) has drawn fresh attention after recent trading, with the stock closing at $55.42. Investors are weighing this price against the company’s fundamentals and its mixed return profile. See our latest analysis for IDT. The recent 2.95% 1 day share price return continues a stronger run, with the 90 day share price return of 16.53% contrasting with a 1 year total shareholder return that declined 13.59% but remains well ahead over three and five years. If IDT’s recent move has you thinking...
SPCX
US$185.00
Space Exploration Technologies
7D
14.9%
1Y
n/a
LILA
US$4.80
Liberty Latin America
7D
-41.2%
1Y
-14.7%
Seeking Alpha • Jun 20

The Curious Case Of Liberty Latin America's Big Special Dividend

Summary Liberty Latin America issued a special dividend in the form of preferred stock. The event led to significant trading turmoil. The new preferred shares, with a $25 liquidation value and 9% yield, offer a tangible return next to waiting for common share appreciation. LILA remains a long-term telco play, trading at an attractive EV/EBITDA and supported by ongoing buybacks and strategic partnerships like Starlink. The special dividend is a one-off. Investors may want to take advantage of the situation by going long at the lower prices of both the common and the new preferreds. Read the full article on Seeking Alpha
T
US$22.01
AT&T
7D
-6.7%
1Y
-20.7%
ASTS
US$80.66
AST SpaceMobile
7D
-2.1%
1Y
75.6%
Analysis Article • Jun 18

AST SpaceMobile (ASTS) Stock Could Be 53% Undervalued After BlueBird Satellite Deployment

AST SpaceMobile (ASTS) has entered a new phase after successfully launching and deploying its BlueBird 8, 9, and 10 satellites, a milestone that shifts the story toward operational execution and real-world network performance. See our latest analysis for AST SpaceMobile. Despite the successful BlueBird 8, 9, and 10 launch giving AST SpaceMobile fresh technical momentum, the stock has been volatile, with the share price down 5.58% over one day and 17.32% over seven days, yet backed by a very...
BAND
US$51.39
Bandwidth
7D
-21.3%
1Y
268.4%
Analysis Article • Jun 18

Bandwidth (BAND) Stock Could Be 108% Overvalued After Its Recent Pullback

Bandwidth (BAND) has drawn fresh attention after recent trading left the stock down around 14% over the past week and about 9% over the past month, despite strong multi year total returns. See our latest analysis for Bandwidth. The recent pullback leaves Bandwidth’s share price at US$50.84, with the 7 day share price return down 14.28% and the 30 day share price return down 9.13%. However, the 90 day share price return of about 23x suggests momentum has been very strong over the medium term...
VZ
US$45.37
Verizon Communications
7D
-5.7%
1Y
8.8%
Analysis Article • Jun 17

Verizon Communications (VZ) Stock Could Be 7.5% Undervalued After New Consumer Plan Push

Verizon Communications (VZ) has made a series of consumer focused changes, including new Simplicity Plans that scrap activation and upgrade fees, a cashback loyalty program, and bundled mobility plus home services under unified billing. See our latest analysis for Verizon Communications. Against this backdrop of new consumer offerings, Verizon Communications shares trade at US$46.73, with a 7 day share price return of 2.08% but a 90 day share price return that is down 5.77%. Over a longer...
LUMN
US$8.20
Lumen Technologies
7D
-3.4%
1Y
108.1%
Narrative Update • Jun 17

LUMN: Stock Will Rely On Execution As Modest Model Shifts Balance Risks

The analyst price target for Lumen Technologies has increased by a few dollars, with analysts generally citing updated assumptions around discount rates, revenue trends, margins, and a higher future P/E multiple as support for the new dollar-based targets. Analyst Commentary Recent research updates on Lumen Technologies focus on how revised assumptions for discount rates, revenue trends, margins, and future P/E multiples feed into valuation, rather than on any single short term trading call.
CMCSA
US$22.43
Comcast
7D
-8.4%
1Y
-35.0%
Narrative Update • Jun 16

CMCSA: Future Returns Will Be Dragged By Broadband Reset And Starlink Competition

Analysts have trimmed Comcast's fair value estimate from $23.28 to $21.50 per share and reduced future P/E expectations, citing broadband pricing resets, rising competition in internet access, and what they describe as limited earnings visibility, despite slightly firmer profit margin assumptions. Analyst Commentary Recent research has highlighted a more cautious tone around Comcast, with several bearish analysts flagging risks tied to broadband trends, competitive pressures, and valuation.
LBTY.A
US$11.20
Liberty Global
7D
-10.1%
1Y
14.3%
Narrative Update • Jun 05

LBTY.A: Higher P/E Assumptions And Ziggo Group Listing Will Support Future Upside

Analysts have raised their price targets on Liberty Global by about $2 to $3, citing updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E. Analyst Commentary Recent Street research on Liberty Global centers on recalibrated price targets that reflect updated assumptions for fair value, discount rates, revenue trajectories, profit margins and future P/E multiples.
IQST
US$1.40
iQSTEL
7D
27.3%
1Y
-84.9%