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U.S. Telecom Sector Analysis

UpdatedJul 28, 2026
DataAggregated Company Financials
Companies478
  • 7D-5.4%
  • 3M-7.7%
  • 1Y13.0%
  • YTD-9.2%

Over the last 7 days, the Telecom industry has dropped 6.3%, driven by a pullback from Alphabet of 9.2%. In contrast, AT&T has gained 9.9%. Over the past 12 months, the industry was up 12%. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Jul 2026US$8.9tUS$1.8tUS$378.8b18x23.5x5x
Thu, 25 Jun 2026US$9.7tUS$1.7tUS$300.7b17.9x32.1x5.6x
Sat, 23 May 2026US$8.4tUS$1.7tUS$310.8b17.1x26.9x4.9x
Mon, 20 Apr 2026US$8.1tUS$1.7tUS$274.7b16.8x29.6x4.8x
Wed, 18 Mar 2026US$7.5tUS$1.7tUS$271.9b17.4x27.7x4.5x
Fri, 13 Feb 2026US$7.7tUS$1.7tUS$283.8b15.3x27x4.6x
Sun, 11 Jan 2026US$7.9tUS$1.6tUS$282.3b16.8x28.1x4.8x
Tue, 09 Dec 2025US$7.9tUS$1.6tUS$281.0b16.2x28.1x4.8x
Thu, 06 Nov 2025US$7.3tUS$1.6tUS$297.2b17.3x24.5x4.4x
Sat, 04 Oct 2025US$7.3tUS$1.6tUS$286.1b18.9x25.6x4.5x
Mon, 01 Sep 2025US$7.1tUS$1.6tUS$287.3b21.3x24.7x4.3x
Wed, 30 Jul 2025US$6.7tUS$1.6tUS$256.8b18.2x26.1x4.1x
Fri, 27 Jun 2025US$6.5tUS$1.6tUS$250.2b17.3x25.8x4x
Sun, 25 May 2025US$6.1tUS$1.6tUS$248.0b17.1x24.7x3.8x
Tue, 22 Apr 2025US$5.4tUS$1.6tUS$227.8b15.9x23.6x3.4x
Thu, 20 Mar 2025US$5.8tUS$1.6tUS$228.5b16.4x25.3x3.6x
Sat, 15 Feb 2025US$6.6tUS$1.6tUS$218.1b19.1x30.2x4.1x
Mon, 13 Jan 2025US$6.1tUS$1.6tUS$189.3b18.6x32.2x3.9x
Wed, 11 Dec 2024US$6.1tUS$1.6tUS$189.5b18.2x31.9x3.8x
Fri, 08 Nov 2024US$5.8tUS$1.6tUS$187.5b17.9x31.1x3.7x
Sun, 06 Oct 2024US$5.7tUS$1.5tUS$188.2b18.3x30.4x3.7x
Tue, 03 Sep 2024US$5.4tUS$1.6tUS$189.1b18.8x28.4x3.5x
Thu, 01 Aug 2024US$5.3tUS$1.5tUS$197.8b20.6x26.8x3.4x
Sat, 29 Jun 2024US$5.5tUS$1.5tUS$191.3b15.7x29x3.6x
Mon, 27 May 2024US$5.3tUS$1.5tUS$191.3b17.3x27.7x3.5x
Wed, 24 Apr 2024US$5.1tUS$1.5tUS$177.0b18x28.7x3.4x
Fri, 22 Mar 2024US$5.1tUS$1.5tUS$175.9b18.5x28.7x3.4x
Sun, 18 Feb 2024US$4.8tUS$1.5tUS$174.0b16x27.7x3.2x
Tue, 16 Jan 2024US$4.7tUS$1.5tUS$128.1b15.2x36.7x3.1x
Thu, 14 Dec 2023US$4.5tUS$1.5tUS$128.0b16.6x34.8x2.9x
Sat, 11 Nov 2023US$4.3tUS$1.5tUS$125.8b13.1x34.1x2.8x
Mon, 09 Oct 2023US$4.3tUS$1.5tUS$104.7b13.9x41.4x2.9x
Wed, 06 Sep 2023US$4.3tUS$1.5tUS$104.4b14.5x41.4x2.9x
Fri, 04 Aug 2023US$4.3tUS$1.5tUS$104.8b14.5x41x2.9x
Price to Earnings Ratio

41x


Total Market Cap: US$4.3tTotal Earnings: US$104.8bTotal Revenue: US$1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Sector Price to Earnings3Y Average 29.6x202420252026
Current Industry PE
  • Investors are pessimistic on the American Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.5x which is lower than its 3-year average PE of 29.6x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 55% per year over the last three years.
  • Revenues for these companies have grown 5.7% 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-0.74%
Telecom-5.42%
Entertainment0.90%
Media-1.42%
Telecom Services and Carriers-2.72%
Interactive Media and Services-7.33%
Wireless Telecom-8.25%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 1.3x.
    • Analysts are expecting annual earnings growth of 48.7%, which is higher than its past year's earnings decline of 14.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Interactive Media and Services industry is expected to see its earnings grow by 4.8% 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
VZ Verizon CommunicationsUS$47.328.8%
+US$15.0b		11.7%PE12.2x
T AT&TUS$24.4211.3%
+US$14.8b		-11.5%PE7.8x
NFLX NetflixUS$70.404.1%
+US$11.7b		-40.1%PE21.5x
TTWO Take-Two Interactive SoftwareUS$243.952.1%
+US$922.8m		7.9%PS6.8x
SPOT Spotify TechnologyUS$494.720.5%
+US$493.5m		-29.4%PE33x

Latest News

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US$70.40
Netflix
7D
4.1%
1Y
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DIS
US$96.65
Walt Disney
7D
0.2%
1Y
-19.7%
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Summary The Walt Disney Company is at a financial inflection point, with operational turnaround driving robust free cash flow and streaming profitability. DIS trades at an attractive ~14x forward earnings, offering a conservative 30% upside to a $122–$136 price target, supported by aggressive buybacks and margin recovery. Disney's content moat and durable parks cash flows underpin an asymmetric risk/reward, with deleveraging and reinstated dividends enhancing capital allocation flexibility. Key risks include linear TV decline, CapEx timing versus consumer softness, and potential IP fatigue, but current valuation provides a compelling margin of safety. Read the full article on Seeking Alpha
META
US$593.87
Meta Platforms
7D
-8.0%
1Y
-17.2%
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GOOGL
US$326.56
Alphabet
7D
-7.2%
1Y
69.6%
T
US$24.42
AT&T
7D
11.3%
1Y
-11.5%
SPOT
US$494.72
Spotify Technology
7D
0.5%
1Y
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WBD
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Warner Bros. Discovery
7D
-2.2%
1Y
84.5%
TMUS
US$177.21
T-Mobile US
7D
-9.4%
1Y
-25.6%
VZ
US$47.32
Verizon Communications
7D
8.8%
1Y
11.7%
TTWO
US$243.95
Take-Two Interactive Software
7D
2.1%
1Y
7.9%
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IMAX
US$45.11
IMAX
7D
16.9%
1Y
67.3%
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SPCX
US$113.50
Space Exploration Technologies
7D
-5.3%
1Y
n/a
CMCSA
US$22.80
Comcast
7D
-4.1%
1Y
-32.0%
RBLX
US$48.42
Roblox
7D
-9.1%
1Y
-60.0%
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BIDU
US$105.29
Baidu
7D
-4.1%
1Y
17.8%
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Pinterest
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1Y
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