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Ericsson (ERIC)

(Delayed Data from NSDQ)

$5.06 USD

5.06
29,648,472

+0.13 (2.64%)

Updated Apr 18, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 21% (198 out of 250)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Ericsson (ERIC) Q1 Earnings Beat Estimates, Top Line Falls Y/Y

Ericsson (ERIC) reports a top-line contraction year over year in the first quarter of fiscal 2024 due to sluggish demand trends in the Networks vertical.

Ericsson (ERIC) Solution to Upgrade Swisscom's Mobile Network

Swisscom selects Ericsson's (ERIC) comprehensive solution suite to modernize its mobile network infrastructure.

Ericsson's (ERIC) Vonage Boosts LEAP's Communication Portfolio

Ericsson's (ERIC) wholly-owned subsidiary Vonage is set to deploy its Communications APIs to enhance LEAP's customer service quality and expand its customer reach worldwide.

Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade

Ericsson (ERIC) closed at $5.08 in the latest trading session, marking a -1.93% move from the prior day.

Investors Heavily Search Ericsson (ERIC): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Ericsson (ERIC). This makes it worthwhile to examine what the stock has in store.

Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know

Ericsson (ERIC) closed at $5.51 in the latest trading session, marking a +1.47% move from the prior day.

Ericsson (ERIC) Subsidiary Vonage Enhances Voice Communication

Ericsson's (ERIC) wholly-owned subsidiary Vonage launches an Enhanced Noise Cancellation solution with embedded AI to improve audio clarity and enhance customer services across contact centers.

Nokia (NOK) WaveSuite Enhancements Boost Network Automation

Nokia's (NOK) upgraded WaveSuite offers unparalleled control and insight into customer networks.

Ericsson (ERIC) Stock Falls Amid Market Uptick: What Investors Need to Know

Ericsson (ERIC) closed at $5.49 in the latest trading session, marking a -1.26% move from the prior day.

Here is What to Know Beyond Why Ericsson (ERIC) is a Trending Stock

Ericsson (ERIC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Ericsson (ERIC) Establishes New Entity to Bolster U.S. Presence

Through the newly formed entity, Ericsson (ERIC) will offer its cutting-edge 5G technology to boost U.S. national security and expedite digital modernization across U.S. Government agencies.

Ericsson (ERIC) AI Transforms Jordan's Network Performance

Ericsson's (ERIC) Cognitive Software portfolio, renowned for its AI-driven planning and optimization solutions, is set to tackle the complexities of modern networks in Jordan.

Ericsson (ERIC) Ascends While Market Falls: Some Facts to Note

In the closing of the recent trading day, Ericsson (ERIC) stood at $5.74, denoting a +1.06% change from the preceding trading day.

Ericsson (ERIC) Flat As Market Sinks: What You Should Know

Ericsson (ERIC) closed at $5.69 in the latest trading session, marking no change from the prior day.

Ericsson (ERIC) Rises But Trails Market: What Investors Should Know

Ericsson (ERIC) reachead $5.58 at the closing of the latest trading day, reflecting a +0.18% change compared to its last close.

Ericsson (ERIC) Advances While Market Declines: Some Information for Investors

Ericsson (ERIC) closed the most recent trading day at $5.49, moving +0.18% from the previous trading session.

Ericsson (ERIC) Partners Turkcell to Develop 5G Network Slicing

Ericsson (ERIC) teams up with Turkcell to develop a 5G network slicing solution to address the growing demand for varied connectivity requirements of enterprises and consumers in Turkey.

Is Trending Stock Ericsson (ERIC) a Buy Now?

Ericsson (ERIC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Ericsson (ERIC) Partners T-Mobile for Advanced 5G Connectivity

Ericsson (ERIC) teams up with T-Mobile to enhance network connectivity and security for 5G laptops in enterprises.

Ericsson (ERIC) Beats Stock Market Upswing: What Investors Need to Know

In the most recent trading session, Ericsson (ERIC) closed at $5.51, indicating a +1.66% shift from the previous trading day.

Ericsson (ERIC) Stock Sinks As Market Gains: What You Should Know

Ericsson (ERIC) closed at $5.35 in the latest trading session, marking a -0.19% move from the prior day.

Ericsson (ERIC) Subsidiary Cradlepoint Launches X10 5G Router

Ericsson (ERIC) subsidiary Cradlepoint unveils a reliable enterprise-grade 5G router to support service providers to expand their fixed wireless market reach with ease.

Ericsson (ERIC), Vodafone Team Up for 5G Deployment in Romania

Vodafone selects Ericsson's (ERIC) industry-leading 5G portfolio to modernize its network infrastructure in Romania.

Ericsson (ERIC) Boosts R&D Capabilities With Key Funding

The funds are designated to support Ericsson's (ERIC) R&D endeavors from 2023 to 2025 and will play a pivotal role in its commitment to achieving a Net Zero target by 2040.

The Zacks Analyst Blog Highlights Novartis, Amgen, Palo Alto, Brown & Brown and Ericsson

Novartis, Amgen, Palo Alto, Brown & Brown and Ericsson are included in this Analyst Blog.