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Mid Cap
Communication Equipment
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
VIAV icon
1
Viavi Solutions
VIAV
$8.21B
$8.21B $33.38 9.34%
VSAT icon
2
Viasat
VSAT
$8.1B
$8.1B $58.83 4.34%
AAOI icon
3
Applied Optoelectronics
AAOI
$6.42B
$6.42B $75.57 9.75%
BDC icon
4
Belden
BDC
$4.02B
$4.02B $102.83 1.33%
ONDS icon
5
Ondas Inc
ONDS
$3.52B
$3.52B $6.04 4.88%
EXTR icon
6
Extreme Networks
EXTR
$2.87B
$2.87B $21.73 2.99%
DGII icon
7
Digi International
DGII
$2.65B
$2.65B $69.90 2.58%

Mid 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 7 mid cap Communication Equipment stocks — companies in the Communication Equipment industry with a market cap between $2B and $10B — worth a combined $35.8B.

The largest by market cap are Viavi Solutions (VIAV) at $8.21B, Viasat (VSAT) at $8.1B and Applied Optoelectronics (AAOI) at $6.42B.

Among institutional investors, Applied Optoelectronics (AAOI) drew the most net new fund positions in Q2 2026: 176 funds opened new positions, taking total fund holders up 107 (28%) quarter-over-quarter.

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