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Communication Equipment
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
CSCO icon
1
Cisco
CSCO
$443B
$443B $112.27 0.06%
LITE icon
2
Lumentum
LITE
$97B
$97B $1,081 0.41%
HPE icon
3
Hewlett Packard
HPE
$90.2B
$90.2B $67.92 2.03%
MSI icon
4
Motorola Solutions
MSI
$75B
$75B $453.08 1.27%
NOK icon
5
Nokia
NOK
$57.7B
$57.7B $10.30 2.83%
CIEN icon
6
Ciena
CIEN
$54.7B
$54.7B $385.84 1.41%
UI icon
7
Ubiquiti
UI
$37.6B
$37.6B $620.78 0.04%
ERIC icon
8
Ericsson
ERIC
$30.1B
$30.1B $9.21 0.86%
ZBRA icon
9
Zebra Technologies
ZBRA
$17.8B
$17.8B $375.79 0.02%
ASTS icon
10
AST SpaceMobile
ASTS
$17.5B
$17.5B $58.37 0.14%
VIAV icon
11
Viavi Solutions
VIAV
$11.5B
$11.5B $46.65 0.96%
VSAT icon
12
Viasat
VSAT
$9.82B
$9.82B $71.32 0.94%
AAOI icon
13
Applied Optoelectronics
AAOI
$9.7B
$9.7B $114.24 1.17%
ONDS icon
14
Ondas Inc
ONDS
$4.41B
$4.41B $7.58 4.7%
BDC icon
15
Belden
BDC
$4.41B
$4.41B $112.75 0.26%
EXTR icon
16
Extreme Networks
EXTR
$3.05B
$3.05B $23.05 0.3%
DGII icon
17
Digi International
DGII
$2.85B
$2.85B $75.04 0.75%
VISN
18
Vistance Networks Inc
VISN
$1.42B
$1.42B $6.14 1.13%
HLIT icon
19
Harmonic Inc
HLIT
$1.2B
$1.2B $11.04 1.16%
UMAC icon
20
Unusual Machines
UMAC
$1.11B
$1.11B $22.27 0.45%
FEIM icon
21
Frequency Electronics
FEIM
$957M
$957M $84.85 1.37%
GILT icon
22
Gilat Satellite Networks
GILT
$746M
$746M $9.68 3.49%
TSAT icon
23
Telesat
TSAT
$709M
$709M $46.60 2.92%
NTGR icon
24
NETGEAR
NTGR
$631M
$631M $23.22 1.44%
ADTN icon
25
Adtran
ADTN
$572M
$572M $7.02 0.28%
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Communication Equipment Stocks at a Glance

Communication equipment companies build the gear behind networks — routing and switching, fiber optics, wireless infrastructure, and satellite systems. Sales follow carrier and enterprise capex cycles, with each wireless and bandwidth upgrade wave driving multi-year spending.

There are 44 Communication Equipment industry stocks tracked by Wall St. Rank, worth a combined $976B.

The largest by market cap are Cisco (CSCO) at $443B, Lumentum (LITE) at $97B and Hewlett Packard (HPE) at $90.2B.

Among institutional investors, Cisco (CSCO) drew the most net new fund positions in Q2 2026: 495 funds opened new positions, taking total fund holders up 340 (9.1%) quarter-over-quarter.

  • Combined market cap: $976B across 44 stocks.
  • Largest constituent: Cisco (CSCO), $443B market cap.
  • Most net new fund positions in Q2 2026: Cisco (CSCO), +340 holders.

Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q2 2026.