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Ericsson (ERIC)

(Delayed Data from NSDQ)

$5.28 USD

5.28
22,498,060

-0.08 (-1.49%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $5.27 -0.01 (-0.19%) 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 Buy24.20%
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 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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Bottom 20% (201 out of 252)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Ericsson's (ERIC) Q3 Earnings Match Estimates, Revenues Fall

Ericsson (ERIC) reports lower revenues year over year for the third quarter of 2023 due to declining trends in the Networks vertical.

Ericsson's (ERIC) Q3 Preliminary Results Show Revenue Slowdown

Ericsson's (ERIC) third-quarter 2023 top line is impacted by weak demand in North America and a slowdown in Vonage's core market.

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

In the latest trading session, Ericsson (ERIC) closed at $4.84, marking a +1.68% move from the previous day.

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

In the latest trading session, Ericsson (ERIC) closed at $4.91, marking a -1.8% move from the previous day.

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

Ericsson (ERIC) closed at $5.07 in the latest trading session, marking a +0.1% move from the prior day.

Ericsson's (ERIC) RedCap Software Unveils New 5G Use Cases

RedCap is expected to broaden the connectivity options and expand the 5G ecosystem, generating incremental revenues for Ericsson (ERIC) in the long run.

Ericsson (ERIC) to Help Reduce Carbon Emissions in Qatar

Ericsson (ERIC) Smart Connected Site solution will enable the seamless management of hybrid energy sources such as Li-ion batteries along with fossil fuels for optimal utilization of resources.

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

In the latest trading session, Ericsson (ERIC) closed at $5.11, marking a -1.16% move from the previous day.

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

Ericsson (ERIC) closed the most recent trading day at $5.28, moving +1.34% from the previous trading session.

Ericsson (ERIC) Designs a New Sustainable Packaging Solution

Ericsson (ERIC) adds that these new inserts will bring down plastic content of the entire packaging to less than one percent compared with 20% earlier.

Ericsson (ERIC) Powers 5G SA Technology Upgrade in Denmark

TDC NET selected Ericsson's (ERIC) dual mode 5G core solutions to upgrade 5G infrastructure in Denmark.

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

Ericsson (ERIC) closed the most recent trading day at $5.16, moving +0.19% from the previous trading session.

Ericsson (ERIC) Routers to Help Boost M1 Network Performance

M1 will utilize Ericsson's (ERIC) Router 6676 to improve scalability and network responsiveness with features like segment routing.

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

Ericsson (ERIC) closed the most recent trading day at $4.95, moving +1.23% from the previous trading session.

Ericsson (ERIC) & TPG Team Up to Mitigate Network Disruptions

TPG Telecom selects Ericsson's (ERIC) AI powered analytics and troubleshooting solutions to rapidly detect and resolve network issues across its coverage.

Will Weak Embedded Segment Hurt AMD's Q2 Earnings Growth?

AMD's second-quarter 2023 earnings are expected to reflect sluggish demand for embedded solutions due to weakness in 5G deployment and rebalancing of inventory.

Company News for Jul 17, 2023

Companies in The News Are: C, ERIC, STT, LLY.

Ericsson's (ERIC) Q2 Earnings Beat Estimates, Top Line Improves

Ericsson's (ERIC) revenues are affected by a sales decline in North America. However, market gains in India, South East Asia and Oceania support the top line.

Ericsson (ERIC) Crossed Above the 200-Day Moving Average: What That Means for Investors

Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?

Ericsson (ERIC) Partners With MediaTek to Boost Uplink Speed

Ericsson (ERIC) collaborates with MediaTek to showcase record setting uplink speed that will support fixed wireless access users.

Will Top-Line Contraction Hurt Ericsson's (ERIC) Q2 Earnings?

Ericsson (ERIC) is expected to have recorded a year-over-year decline in revenues in the second quarter of 2023, owing to macroeconomic headwinds and stiff competition.

Ericsson (ERIC) Unveils Smart, Sustainable 5G Site in Texas

The 5G site, which can potentially operate fully on solar energy for up to 24 hours, is a testament to Ericsson's (ERIC) dedication to decarbonizing the mobile network industry.

Ericsson (ERIC) Unveils 5G Network Slicing in Android 14 Devices

Ericsson (ERIC) launches on-demand 5G network slicing in Android 14 devices. It will provide greater flexibility to service providers and allow them to better match user-specific network demand.

Ericsson (ERIC) Launches Cloud RAN Technology for Commercial 5G

Telstra will leverage Ericsson's (ERIC) Cloud RAN technology to deploy commercial 5G networks and deliver next-generation 5G services to customers.

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.