As an increasing number of everyday objects, such as lights, televisions, major appliances, cars, and even doorbells, are brought online, Internet of Things (IoT) stocks are attracting a growing number of investors. According to Horowitz Research, for example, 48% of U.S. homes have at least one smart device.
While it may sound complicated, the IoT simply refers to the networks of devices and objects that communicate with other devices in the same network via connections to data centers.

Best IoT stocks in 2026
These six top IoT stocks range from a diversified tech giant to a pure-play IoT company.
| Name and ticker | Market cap | Dividend yield | Industry |
|---|---|---|---|
| Cisco Systems (NASDAQ:CSCO) | $325.3 billion | 2.00% | Communications Equipment |
| Alarm.com (NASDAQ:ALRM) | $2.2 billion | 0.00% | Software |
| DexCom (NASDAQ:DXCM) | $24.3 billion | 0.00% | Healthcare Equipment and Supplies |
| Impinj (NASDAQ:PI) | $3.2 billion | 0.00% | Semiconductors and Semiconductor Equipment |
| Intel (NASDAQ:INTC) | $327.3 billion | 0.00% | Semiconductors and Semiconductor Equipment |
| Samsara (NYSE:IOT) | $15.4 billion | 0.00% | Software |
1. Cisco Systems

NASDAQ: CSCO
Key Data Points

NASDAQ: ALRM
Key Data Points
Revenue
Management recognizes ample growth opportunities, identifying more than 500 million serviceable properties. Since only a small fraction of homes are currently using Alarm.com's platform, the IoT company has a long growth runway.
3. DexCom

NASDAQ: DXCM
Key Data Points

NASDAQ: PI
Key Data Points

NASDAQ: INTC
Key Data Points
Semiconductor
6. Samsara

NYSE: IOT
Key Data Points
Related investing topics
FAQ
Internet of Things Stocks FAQ
About the Author
Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cisco Systems and Intel. The Motley Fool recommends Alarm.com, DexCom, Impinj, Mobileye Global, and Samsara and recommends the following options: long January 2027 $65 calls on DexCom, short February 2026 $9 puts on Mobileye Global, and short January 2027 $75 calls on DexCom. The Motley Fool has a disclosure policy.





