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Ericsson (ERIC)

(Delayed Data from NSDQ)

$5.15 USD

5.15
16,926,731

+0.07 (1.38%)

Updated May 2, 2024 04:00 PM ET

After-Market: $5.15 0.00 (0.00%) 4:52 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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 C Growth C 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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Top 40% (100 out of 251)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Is Ericsson (ERIC) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Implied Volatility Surging for Ericsson (ERIC) Stock Options

Investors need to pay close attention to Ericsson (ERIC) stock based on the movements in the options market lately.

Ericsson (ERIC) Set to Boost Movistar's 5G+ Launch in Spain

Ericsson's (ERIC) advanced solutions will enable Movistar to offer an unmatched mobile experience in Spain characterized by ultra-low latency and high throughput.

Ericsson (ERIC) Solution Boosts Swisscom Indoor 5G Strength

Swisscom has selected Ericsson's (ERIC) radio dot system solution to deliver high-capacity indoor 5G connectivity.

Ericsson (ERIC) & Proptivity Pioneer Shared Indoor 5G RAN

Ericsson (ERIC) and Proptivity have joined forces to address the connectivity challenges faced in busy public places like shopping malls.

Ericsson (ERIC) Partners Mobily for Improved Hajj Connectivity

The partnership between Mobily and Ericsson (ERIC) has brought AI-based cognitive solutions into play.

Ericsson (ERIC) Unveils Reduced Capability 5G RAN Software

Ericsson (ERIC) introduces a reduced-capability RAN software solution to expand the 5G ecosystem by connecting more devices that do not need the full range of 5G capabilities.

Ericsson (ERIC) Achieves Landmark With 1 Million 5G Radios

Ericsson's (ERIC) 5G radio access technologies provide the infrastructure required to meet the growing demand for high-bandwidth low-latency connections.

Ericsson (ERIC) Showcases Industry First Virtualized Cloud RAN

Ericsson (ERIC) demonstrates the industry's first virtualized cloud RAN solution, leveraging 4th Gen Intel Xeon Scalable processors with Intel vRAN Boost on HPE ProLiant DL110 servers.

Ericsson (ERIC) to Upgrade Vital Network Infrastructure in Poland

PGE Group selects Ericsson's (ERIC) core and radio access network solutions, as well as network management services, to modernize communication infrastructure in the energy sector.

Ericsson (ERIC) Partners With Zain for Sustainable Networks

In addition to developing energy-efficient networks, Ericsson's (ERIC) collaboration with Zain seeks to reduce carbon footprint and devise ways to reduce energy consumption.

Ericsson (ERIC) Partners With Intel to Augment 5G in Thailand

Ericsson (ERIC) collaborated with Intel to accelerate seamless 5G adoption, develop various 5G applications to support enterprises and expedite digital transformation in Thailand.

Strength Seen in Comtech (CMTL): Can Its 5.8% Jump Turn into More Strength?

Comtech (CMTL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Ericsson (ERIC) Teams Up With MediaTek to Boost 5G Upload Speed

Ericsson (ERIC) partnered with MediaTek to demonstrate a record 5G upload speed of 440 Mbps leveraging RAN Compute Baseband 6648 and a mobile device equipped with MediaTek 5G smartphone chipset.

Ericsson (ERIC) to Boost DNB's Cybersecurity Applications

Digital Nasional Berhad selected Ericsson's (ERIC) Security solution to boost the cyber defense of its 5G network with automated security management.

Ericsson (ERIC) Q1 Earnings Beat Estimates, Revenues Surge Y/Y

Ericsson (ERIC) witnessed a top-line expansion year over year driven by positive demand trends in emerging markets owing to its comprehensive 5G product portfolio.

Will Top-Line Growth Aid Ericsson's (ERIC) Earnings in Q1?

Ericsson (ERIC) is witnessing positive demand trends backed by its comprehensive 5G product portfolio. The company is expected to record higher revenues year over year.

Ericsson (ERIC) Deploys Advanced 5G Network Slicing in Taiwan

Ericsson (ERIC) collaborated with Far EasTone Telecommunications (FET) and TVBS to deploy advanced 5G network slicing technology for live streaming of the Wan Jin Shi Marathon event.

Ericsson's (ERIC) Cradlepoint Buys Ericom to Boost SASE Bouquet

The acquisition will strengthen Ericsson's (ERIC) market position as a leading mobile infrastructure provider and establish a focused enterprise business.

Ericsson (ERIC), Intel Partner for Malaysia 5G Proliferation

Ericsson (ERIC) and Intel intend to work in unison to develop 5G use cases in sectors such as manufacturing, transport and logistics.

Ericsson (ERIC) Sets Up Quantum Research Hub in Canada

Ericsson's (ERIC) quantum research hub is likely to provide the perfect test bed for academic challenges with requisite networking competence and facilities to conduct advanced research.

Ericsson (ERIC) Solution to Aid UK Network Modernization

Ericsson (ERIC) will offer its industry-leading 4G and 5G Radio Access Network (RAN) technology to Virgin Media O2 to accelerate network modernization in the United Kingdom.

Ericsson (ERIC) to Pay $206M Fine for Corruption Violations

The recent fine pertains to the charges that Ericsson (ERIC) has failed to "truthfully disclose" all information and evidence in the Djibouti and China cases and in other potential bribery or accounting violations.

Ericsson (ERIC) Q4 Earnings Decline, Revenues Surge Y/Y

Despite??generating higher revenues year over year, Ericsson (ERIC) registers low fourth-quarter earnings due to uncertainties and macroeconomic headwinds.

Are Options Traders Betting on a Big Move in Ericsson (ERIC) Stock?

Investors need to pay close attention to Ericsson (ERIC) stock based on the movements in the options market lately.