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Ericsson (ERIC)

(Delayed Data from NSDQ)

$7.97 USD

7.97
19,803,161

-0.03 (-0.38%)

Updated Nov 15, 2024 04:00 PM ET

After-Market: $7.96 -0.01 (-0.13%) 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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2-Buy of 5   2      

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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A Value A Growth F Momentum A 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

Top 30% (76 out of 250)

Industry: Wireless Equipment

Zacks News

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Telecom Stock Roundup: VZ's Signal Repeaters Deployment, ERIC's Open Lab & More

While Verizon (VZ) is deploying signal repeaters from two different firms to augment 5G Ultra Wideband coverage, Ericsson (ERIC) is accelerating the development of virtualized 5G Radio Access Network with Open Lab launch.

Ericsson (ERIC) Targets Virtualized 5G RAN, Unveils Open Lab

Ericsson (ERIC) introduces Open Lab to enable virtual collaboration among industry partners and service providers while bolstering the development of Cloud RAN technology, globally.

Should Value Investors Buy Ericsson (ERIC) Stock?

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.

Is Ericsson (ERIC) Stock Outpacing Its Computer and Technology Peers This Year?

Is (ERIC) Outperforming Other Computer and Technology Stocks This Year?

ADTRAN (ADTN) Unveils Fiber Access Solution, Narrows Digital Gap

ADTRAN (ADTN) unveils an innovative 10G fiber access solution, Total Access 5004 Micro-Cabinet, to streamline network deployments in the rural areas.

NETGEAR (NTGR) Reinforces Switching Portfolio With New Devices

NETGEAR (NTGR) unveils two new PoE+ Gigabit Ethernet Plus switches that promises to connect small sized businesses with larger PoE budgets.

Nokia (NOK) Deploys NB-IoT, Modernizes Mobily's Network Setup

Nokia (NOK) successfully concludes the deployment of its NB-IoT across Mobily's network infrastructure to aid the latter's enterprise customers with enhanced IoT connectivity.

The Zacks Analyst Blog Highlights: Skyworks Solutions, Cambium Networks Corp, Ubiquiti, Aviat Networks and Ericsson

The Zacks Analyst Blog Highlights: Skyworks Solutions, Cambium Networks Corp, Ubiquiti, Aviat Networks and Ericsson

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5G Emerges as a Hot Investment Theme in 2021: 5 Top Picks

The transition of the wireless industry to 5G is rapid and calls for investing in Skyworks (SWKS), Cambium Networks (CMBM), Ubiquiti (UI), Aviat Networks (AVNW) and Ericsson (ERIC)

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Telecom Stock Roundup: Ericsson Offers Network Tool, CommScope's Antenna & More

While Ericsson (ERIC) has unveiled a trailblazing network programmability tool to modernize network services, CommScope (COMM) has launched innovative antenna solutions for faster and simpler 5G deployment.

Williams-Sonoma, Freshpet, Intel, NETGEAR and Ericsson highlighted as Zacks Bull and Bear of the Day

Williams-Sonoma, Freshpet, Intel, NETGEAR and Ericsson highlighted as Zacks Bull and Bear of the Day

Ericsson (ERIC) Modernizes Networks With New Programmability Tool

Ericsson (ERIC) launches 5G Core Policy Studio that has been specifically designed to make network services smarter with centralized management of 5G core network policies.

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Structure Your Retirement Portfolio With These 5 Tech Stocks

Here we've picked four tech stocks that are incredible for retirement investment planning.

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6 Top-Ranked Stocks to Make the Most of 5G Uptrend

Here we discuss six stocks, namely, SWKS, QRVO, ERIC, ADI, GLW, and VIAV that are well poised to make the most of 5G boom.

Here's Why Ericsson (ERIC) is a Promising Pick for Investors

Ericsson (ERIC) intends to invest in strengthening its portfolio and expanding global footprint.

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Telecom Stock Roundup: Nokia Inks Cloud-Based Deals, Qualcomm Buys NUVIA & More

While Nokia (NOK) has inked a slew of contracts with leading cloud operators to develop cloud-based 5G solutions. Qualcomm (QCOM) has acquired NUVIA to augment its position within the global 5G chipset arena.

Ericsson (ERIC) to Revamp Telenet's Network With 5G Rollout

Ericsson (ERIC) partners with Telenet to streamline the existing network infrastructure with the deployment of 5G technology for seamless connectivity.

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

Ericsson (ERIC) closed at $12.13 in the latest trading session, marking a +0.41% move from the prior day.

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Telecom Stock Roundup: Bandwidth Beats on Q4 Earnings, Altice Buys Morris & More

While Bandwidth (BAND) beats fourth-quarter earnings estimates on top-line growth, Altice (ATUS) boosts North Carolina presence with Morris Broadband buyout.

Ericsson (ERIC) Extends 5G Deal With Far EasTone in Taiwan

The deal is an extension of Ericsson's (ERIC) 5G partnership with Far EasTone Telecom, which includes the deployment of commercial 5G in July 2020.

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Telecom Stock Roundup: Ericsson Boosts Mid-Band Offering, AT&T to Divest & More

While Ericsson (ERIC) is fortifying its mid-band portfolio with several key product launches, AT&T (T) is reportedly inching closer to a divestment deal to reduce its debt burden and focus on core operations.

Ericsson (ERIC) Launches Solutions for 5G Mid-Band Rollout

The product launches by Ericsson (ERIC) are likely to enable carriers harness the full potential of the mid-band spectrum as more airwaves will be made available in the near future.

The Zacks Analyst Blog Highlights: Mastercard, Lowe's, Uber, Ericsson and Walgreens Boots Alliance

The Zacks Analyst Blog Highlights: Mastercard, Lowe's, Uber, Ericsson and Walgreens Boots Alliance

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Q4 Earnings Season Scorecard and Analyst Reports for Mastercard, Lowe's & Uber

We have provided a real-time update on the Q4 earnings season, in addition to featuring new research reports on 16 major stocks in today's Research Daily.

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Telecom Stock Roundup: Ericsson, Juniper Surpass Q4 Earnings Estimates & More

While Ericsson (ERIC) surpasses fourth-quarter earnings estimates on solid 5G momentum, Juniper (JNPR) beats earnings estimates on robust demand for routing products.