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Connectivity '24: Wireless
7 tickers · $231.80B total market cap
Group: Connectivity
The current thesis for Connectivity '24: Wireless is mixed, with a cautiously optimistic view on the recovery of wireless infrastructure investments. While key industry suppliers like ERIC and NOK are well-positioned to benefit from the rebound in telecom infrastructure spending, challenges remain due to geopolitical tensions and ongoing regulatory changes. The push for 5G and beyond, including OpenRAN initiatives, offers long-term growth potential, but competition and market saturation pose risks. Meanwhile, companies like Netgear are adapting to changing market dynamics with strategic inventory management and product innovation.
Connectivity '24: Wireless tracks 7 publicly listed stocks in this theme: ERIC, MSI, NOK, NTGR, SMTC, TSAT, UI. See the constituent table for details.
Thesis update: 2025-04-01
Constituents
Build 20260520T081747
| Company | Previous Quarter Report Date | Next Expected Report Date | Last Quarter Earnings Move % | Earnings Move % | Intra-Quarter Move % | Since Last Report % | Market cap | Weight |
|---|---|---|---|---|---|---|---|---|
Nokia OyjNOK | 04/23/2026 (BMO) | 04/23/2026 (BMO) | -6.09% | 5.74% | 53.95% | 31.11% | $73.83B | 14.2857 |
Motorola Solutions, Inc.MSI | 05/07/2026 (AMC) | 05/07/2026 (AMC) | 9.65% | -11.45% | -6.18% | 3.84% | $66.19B | 14.2857 |
Telefonaktiebolaget LM Ericsson (publ)ERIC | 04/17/2026 (BMO) | 04/17/2026 (BMO) | 8.87% | -6.50% | 16.59% | 12.49% | $42.49B | 14.2857 |
Ubiquiti Inc.UI | 05/08/2026 (BMO) | 05/08/2026 (BMO) | 8.04% | -9.13% | 48.91% | -30.66% | $35.34B | 14.2857 |
Semtech CorporationSMTC | 03/16/2026 (AMC) | 05/26/2026 (AMC) | -17.56% | — | 70.17% | — | $12.55B | 14.2857 |
Telesat CorporationTSAT | 05/05/2026 (BMO) | 05/05/2026 (BMO) | 13.80% | 1.03% | 20.35% | 2.46% | $744.4M | 14.2857 |
NETGEAR, Inc.NTGR | 04/29/2026 (AMC) | 04/29/2026 (AMC) | 1.64% | 1.53% | 26.29% | -2.97% | $658.1M | 14.2857 |
| Average | 2.62% | -3.13% | 32.87% | 2.71% | $33.11B | 14.2857 | ||
| Median | 8.04% | -2.73% | 26.29% | 3.15% | $35.34B | 14.2857 | ||
| Std Dev | 10.19% | 6.25% | 24.15% | 18.48% | $27.69B | 0.0% | ||
| Min | -17.56% | -11.45% | -6.18% | -30.66% | $658.1M | 14.2857 | ||
| Max | 13.80% | 5.74% | 70.17% | 31.11% | $73.83B | 14.2857 | ||
| % Positive Tickers | 71.43% | 50.00% | 85.71% | 66.67% |
* Provisional value: before LstRpt% reaches its 2-day post-report lock window (BMO/AMC adjusted), EarningsPerf is calculated from current vs pre-report and then locks to final LstRpt%.