An electronic device is provided. The electronic device includes a sensing panel, at least one processor electrically connected to the sensing panel and the communication module, and a memory electrically connected to the at least one processor. The memory may store instructions configured to, when executed by the at least one processor, cause the at least one processor to, based on a pen signal from the stylus pen being detected through the sensing panel, perform a first operation identified based on the detected pen signal, and based on the pen signal from the stylus pen not being detected through the sensing panel, receive, through the communication module, at least one communication signal, identify a gesture based on information on a position of the stylus pen, included in the received at least one communication signal, and perform a second operation corresponding to the identified gesture. Various other embodiments are possible.