Industry ยท Oct 2026
Communication Equipment stocks ranked by gap to the model's fair value
Faircurve's model values 13 communication equipment stocks. 10 of them are ranked below by the gap between the model's fair value and the last close, as of 31 Oct 2026: 5 read as Undervalued, 5 as Fairly valued and 0 as Overvalued. The median gap across the ranked names is +17.2%. The widest gaps above the price are HLIT (+36.7%), CALX (+23.8%), BDC (+22.5%). The widest below it are MSI (-5.2%), CSCO (-0.5%), VIAV (+3.4%).
Valuations as of . Prices are the closes of 3 Nov 2026. The gap is the model's fair value against the price: a positive gap means the fair value is above the price. It states what the model concluded, not where the price goes next.
The ranking
| Rank | Company | Last close | Model fair value | Gap | Model verdict | Quality score | Market value |
|---|---|---|---|---|---|---|---|
| 1 | HLIT Harmonic Inc. | $10.19 | $13.93 | +36.7% | Undervalued | 82 | $1.1B |
| 2 | CALX Calix, Inc. | $33.25 | $41.17 | +23.8% | Undervalued | 72 | $2.3B |
| 3 | BDC Belden Inc. | $107.32 | $131.42 | +22.5% | Undervalued | 68 | $4.1B |
| 4 | ZBRA Zebra Technologies Corporation | $329.50 | $400.59 | +21.6% | Undervalued | 61 | $17.1B |
| 5 | ARLO Arlo Technologies, Inc. | $13.71 | $16.59 | +21.0% | Undervalued | 84 | $1.6B |
| 6 | EXTR Extreme Networks, Inc. | $22.81 | $25.88 | +13.5% | Fairly valued | 70 | $3.0B |
| 7 | DGII Digi International Inc. | $72.03 | $76.49 | +6.2% | Fairly valued | 66 | $2.8B |
| 8 | VIAV Viavi Solutions Inc. | $30.05 | $31.07 | +3.4% | Fairly valued | 58 | $7.4B |
| 9 | CSCO Cisco Systems, Inc. | $102.97 | $102.48 | -0.5% | Fairly valued | 63 | $412.0B |
| 10 | MSI Motorola Solutions, Inc. | $491.00 | $465.24 | -5.2% | Fairly valued | 77 | $81.3B |
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Valued but not ranked
These 3 names are valued but not ranked, for one of four reasons: the model grades the evidence as low or has not graded it yet, the inputs are under review, the gap is wider than 60%, or the valuation is more than three weeks old. The numbers are shown for reference.
| Company | Last close | Model fair value | Gap | Why it is not ranked | Quality score | Market value |
|---|---|---|---|---|---|---|
| CIEN Ciena Corporation | $300.08 | $335.78 | +11.9% | Data under review | 79 | $45.5B |
| LITE Lumentum Holdings Inc. | $680.16 | $648.43 | -4.7% | Data under review | 69 | $76.2B |
| VSAT Viasat, Inc. | $75.24 | $89.40 | +18.8% | Low evidence grade | 37 | $10.6B |