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Large Cap
Communication Equipment
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
MSI icon
1
Motorola Solutions
MSI
$79.6B
$79.6B $480.84 2.42%
LITE icon
2
Lumentum
LITE
$74.2B
$74.2B $827.60 5.23%
HPE icon
3
Hewlett Packard
HPE
$70.4B
$70.4B $53.13 4.6%
NOK icon
4
Nokia
NOK
$56.6B
$56.6B $10.13 2.5%
CIEN icon
5
Ciena
CIEN
$56.5B
$56.5B $399.47 1.5%
UI icon
6
Ubiquiti
UI
$35.7B
$35.7B $590.68 1.29%
ERIC icon
7
Ericsson
ERIC
$33.2B
$33.2B $10.15 0.59%
ASTS icon
8
AST SpaceMobile
ASTS
$19.9B
$19.9B $66.43 0.95%
ZBRA icon
9
Zebra Technologies
ZBRA
$16.8B
$16.8B $354.65 3.21%
VSAT icon
10
Viasat
VSAT
$10.6B
$10.6B $76.67 0.79%
AAOI icon
11
Applied Optoelectronics
AAOI
$10.3B
$10.3B $122.19 7.02%

Large Cap 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 11 large cap Communication Equipment stocks — companies in the Communication Equipment industry with a market cap between $10B and $200B — worth a combined $464B.

The largest by market cap are Motorola Solutions (MSI) at $79.6B, Lumentum (LITE) at $74.2B and Hewlett Packard (HPE) at $70.4B.

Among institutional investors, Hewlett Packard (HPE) drew the most net new fund positions in Q2 2026: 404 funds opened new positions, taking total fund holders up 315 (28%) quarter-over-quarter.

  • Combined market cap: $464B across 11 stocks.
  • Large Cap: market cap between $10B and $200B.
  • Largest constituent: Motorola Solutions (MSI), $79.6B market cap.
  • Most net new fund positions in Q2 2026: Hewlett Packard (HPE), +315 holders.

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