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Ericsson (ERIC)

(Delayed Data from NSDQ)

$6.29 USD

6.29
7,774,270

-0.03 (-0.47%)

Updated Jun 6, 2024 04:00 PM ET

After-Market: $6.29 0.00 (0.00%) 7:58 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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 F Momentum C 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 22% (194 out of 248)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

TELUS (TU) Launches 5G Service in Alberta, Boosts Network

With speed of up to 1.7 Gbps, TELUS' (TU) 5G network provides greater capacity, ultra-low latency and edge computing.

Why U.S. Cellular (USM) is an Appealing Bet for Investors

Network-modernization initiatives, subscriber acquisitions and 5G innovations on the back of a dynamic business model make U.S. Cellular (USM) an attractive bet.

Nokia (NOK) & TPG Telecom Launch 5G Standalone in Australia

Nokia (NOK) is supplying equipment from its ReefShark-powered AirScale product portfolio.

Ericsson (ERIC) & Google Cloud to Offer New Solutions to Firms

Ericsson (ERIC) and Google Cloud are set to help firms in the automotive, manufacturing and other industries increase efficiency by bringing connectivity close to their locations.

Supriyo Bose headshot

Telecom Stock Roundup: Qualcomm Upgrades Chip, Ericsson's Longest 5G Call & More

While Qualcomm (QCOM) launches Snapdragon 888 Plus - an upgraded version of its flagship 5G Snapdragon mobile platform, Ericsson (ERIC) achieves the world's longest distance 5G call from a commercial mobile site.

Ericsson (ERIC) Ties Up With Telstra for Longest Distance 5G Call

The 5G SA call across 113 km was achieved using Ericsson's (ERIC) commercial 5G SA network software on Telstra's 850 MHz spectrum.

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

Ericsson (ERIC) closed at $12.68 in the latest trading session, marking a +0.48% move from the prior day.

Zacks Industry Outlook Highlights: Ericsson, Nokia, Aviat Networks, QUALCOMM, Juniper Networks and Motorola Solutions

Zacks Industry Outlook Highlights: Ericsson, Nokia, Aviat Networks, QUALCOMM, Juniper Networks and Motorola Solutions

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Telecom Stock Roundup: Nokia Conducts Trial, Ericsson Boosts Cloud RAN & More

While Nokia (NOK) conducts a trial to test the efficacy of sustainable networking solutions, Ericsson (ERIC) augments its Cloud RAN portfolio with the inclusion of mid-band spectrum and Massive MIMO.

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3 Wireless Stocks Likely to Beat Chip Shortage-Led Industry Woes

The chip shortage and consequent supply chain disruptions have hit the demand for advanced networking architecture for increased broadband usage, leading the Zacks Wireless Equipment industry to wobble. ERIC, NOK and AVNW are well positioned to thrive despite the near-term challenges.

Ericsson (ERIC) Adds 5G Mid-Band Support to Spur Cloud RAN Offering

Ericsson (ERIC) unveils major enhancements to its 5G Cloud RAN portfolio, which involves providing support for mid-band and Massive MIMO deployments.

Ericsson (ERIC) Gains But Lags Market: What You Should Know

In the latest trading session, Ericsson (ERIC) closed at $12.69, marking a +1.04% move from the previous day.

Vodafone (VOD) Selects Samsung for Supplying 5G Equipment in U.K.

With a diverse and open ecosystem, Vodafone (VOD) aims to develop a more cost-effective, secure, energy efficient and customer-focused network in the United Kingdom.

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

In the latest trading session, Ericsson (ERIC) closed at $13.10, marking a -0.61% move from the previous day.

Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know

Ericsson (ERIC) closed the most recent trading day at $13.10, moving -0.46% from the previous trading session.

Ericsson (ERIC) Unveils IoT Security Service, Aids Enterprises

Ericsson (ERIC) partners with Orange's (ORAN) subsidiary, Orange Business Services, to manage the security of enterprises with the Threat Monitoring and Mitigation solution, an IoT security offering.

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Telecom Stock Roundup: Knowles Enriches Portfolio, Nokia Settles Dispute & More

While the solution from Knowles (KN) enables developers to meet diverse audio and voice input requirements for a wide range of IoT devices, Nokia (NOK) resolves a pending lawsuit with Daimler with a mutually beneficial truce agreement.

Ericsson (ERIC) Gains But Lags Market: What You Should Know

Ericsson (ERIC) closed the most recent trading day at $13.16, moving +0.08% from the previous trading session.

Ericsson (ERIC) Introduces Private 5G to Support Businesses

Ericsson's (ERIC) new offering can be scaled according to needs for more coverage and devices at a facility.

Qualcomm (QCOM) Rides on Snapdragon Strength, Partnerships

Driven by accretive partnerships, tech advancements and promising acquisitions, Qualcomm (QCOM) is likely to prove itself as a favorable investment option for 2021.

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Telecom Stock Roundup: Verizon Boosts DOOH Portfolio, Ericsson Tests 5G & More

While Verizon (VZ) extended its Digital Out-of-Home portfolio with a one-stop solution for advertisers, Ericsson (ERIC) carried out successful tests for 5G network validity in cross border travel across vehicles.

Ericsson (ERIC) Partners With Leonardo to Boost 5G Solutions

Their combined expertise will help Ericsson (ERIC) and Leonardo to grow in the mission-critical sector and deliver innovative products and services.

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

Ericsson (ERIC) closed the most recent trading day at $13.36, moving -1.26% from the previous trading session.

Ericsson (ERIC) Tests 5G Network Validity in Cross-Border Travel

Ericsson (ERIC) conducted the trial at the AstaZero test track in Sweden by deploying a 5G mobile radio network in two Volvo cars that enabled them to receive an HD map of the route ahead.

Ericsson (ERIC) Strengthens Partnership With Three Ireland

Three Ireland is likely to take advantage of Ericsson's (ERIC) ConsumerLab research and analytical data.