Morningstar

Communication Services

Companies that provide communication services using fixed-line networks or those that provide wireless access and services. This sector also includes companies that provide internet services such as access, navigation, and internet-related software and services.

Featured

Netflix Stock Is Down 22% This Year. Is it a Buy Ahead of Earnings?

Matthew Dolgin, CFA Oct 16, 2026

Stock Sector Outlooks: Morningstar’s Top Q4 Picks Across the Market

Lauren Solberg Oct 13, 2026

33 Undervalued Stocks to Buy Before the Market Shifts Again

Susan Dziubinski and Tori Brovet Oct 12, 2026

Communication Services: The Transition to Streaming Platforms Is Progressing Well at Many Legacy Media Firms

Michael Hodel, CFA Oct 9, 2026

Why This Strategist Is Wary of Entertainment Stocks

David Sekera, CFA, Susan Dziubinski, and Jess Bebel Oct 1, 2026

Latest Company Reports

Largest Stocks in the Communication Services Sector

Screen With Investor

1-Day Chart	Name	Industry	Price	Morningstar Rating for Stocks	Capital Allocation	Economic Moat	Market Cap
	Alphabet Inc Class C GOOG	Internet Content & Information			LOCK\|Xh>q&&#!	LOCK\|^x	$4T
	Meta Platforms Inc Class A META	Internet Content & Information			LOCK\|%$rf^$	LOCK\|txQ	$2T
	Netflix Inc NFLX	Entertainment			LOCK\|#Q&K<l!%	LOCK\|kDkR@	$294B
	The Walt Disney Co DIS	Entertainment			LOCK\|tScy$v#	LOCK\|@jN	$191B
	Verizon Communications Inc VZ	Telecom Services			LOCK\|FvxND#T	LOCK\|@g<>K	$186B
	T-Mobile US Inc TMUS	Telecom Services			LOCK\|@T>P^^BM	LOCK\|%!j&$	$171B
	AT&T Inc T	Telecom Services			LOCK\|!Hd	LOCK\|$!?tT	$161B
	Spotify Technology SA SPOT	Internet Content & Information			LOCK\|TBLSXXhC	LOCK\|sHs#	$109B
	AppLovin Corp Ordinary Shares - Class A APP	Advertising Agencies			LOCK\|Z@Ll?V^	LOCK\|%xR$M	$89B
	NetEase Inc ADR NTES	Electronic Gaming & Multimedia			LOCK\|xv>jJ%	LOCK\|f!>v	$81B

Alphabet: Gemini 4 Argon Launch Brings Alphabet Back to the Frontier Model Race

We still believe that the market is underestimating Alphabet’s full-stack artificial intelligence opportunity and see shares as undervalued.

Malik Ahmed Khan, CFA Oct 1, 2026

Meta: Meta Launches Enterprise Offering to Open Up Another Way to Monetize AI Investments

The market’s negative reaction to the announcement signals that investors, much like us, are not super excited about Meta’s prospects in the enterprise market.

Malik Ahmed Khan, CFA Sep 30, 2026

Tencent: Shares Look Cheap as Meta’s AI Agent Success Boosts the Bull Case

We think Tencent stock is significantly undervalued.

Ivan Su Sep 22, 2026

An Undervalued Stock to Buy That Even Warren Buffett Likes

Trading at a 21% discount, this wide-moat stock is a rare find.

Malik Ahmed Khan, CFA Sep 17, 2026

Meta: With Muse Personal AI Agent, Firm Offers First Glimpse at Revamped AI Products and Fortunes

We like the firm’s current trajectory, with both the Muse Spark model and the Muse agent showing clear, tangible progress.

Malik Ahmed Khan, CFA Sep 9, 2026

Should Investors Trade In The Trade Desk?

After a 64% plunge in 2026, the stock could be a candidate for tax-loss harvesting.

David Sekera, CFA, Susan Dziubinski, and Jess Bebel Sep 4, 2026

Market Wrap: Stocks Edge Higher as Technology and Communication Services Rise

Software companies Salesforce and Okta were among the week’s best-performing stocks.

Irza Waraich Aug 28, 2026

Meta: Firm Settles Teen Social Media Case for $17 Billion, Lifting Uncertainty

We expect behavioral changes to only marginally trim teen time spent on Meta’s properties.

Malik Ahmed Khan, CFA Aug 26, 2026

Nebius Earnings: GPU Spot Prices Triple and Neoclouds Exploit Short-Term Scarcity

We’ve raised our fair value estimate of Nebius stock.

Javier Correonero Aug 12, 2026

After Earnings, Is Disney Stock a Buy, a Sell, or Fairly Valued?

With its experiences and streaming services driving sales growth, here’s what we thought of Disney’s earnings report.

Matthew Dolgin, CFA Aug 12, 2026

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