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Ericsson (ERIC)

(Delayed Data from NSDQ)

$6.74 USD

6.74
23,491,081

-0.04 (-0.59%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $6.74 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 23% (194 out of 251)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Ericsson Collaborates With Proximus to Deliver 5G in Belgium

Ericsson's (ERIC) 5G Core solution involves Cloud Packet Core, Cloud Unified Data Management as well as Policy and Signaling Controller products.

Supriyo Bose headshot

Telecom Stock Roundup: Ericsson, Nokia Extend 5G Commercial Deals & More

While Ericsson (ERIC) strengthens its long-term partnership with Bharti Airtel in India with 111 commercial 5G contracts in its kitty, Nokia (NOK) has 100 5G contracts with carriers across the globe.

Ericsson Rides on 5G Momentum, Deepens Alliance With Airtel

The deployment of Ericsson's (ERIC) Radio System products and solutions is expected to improve Airtel's network capacity.

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3 Wireless Stocks Likely to Beat Coronavirus-Led Industry Woes

High investments, intense price wars and bitter Sino-U.S. relations remain deterrents for the Zacks Wireless Equipment industry. Steady need for network tuning and optimization being the saving graces, QCOM, ERIC and MSI should be industry forerunners.

Ericsson (ERIC) Stock Moves -0.93%: What You Should Know

Ericsson (ERIC) closed the most recent trading day at $10.67, moving -0.93% from the previous trading session.

The Zacks Analyst Blog Highlights: ERIC, AMAT, AMT, MTSI and MSFT

The Zacks Analyst Blog Highlights: ERIC, AMAT, AMT, MTSI and MSFT

Nokia to Power Elisa Finland's Digitization & 5G Services

In addition to strengthening the mutual ties, Nokia's (NOK) deal with Elisa Finland aims to digitize the country and put it at the forefront of the regional 5G market.

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5G Roll Out to Drive Digital Economy: Here's How

5G era is expected to bring boundless connectivity and intelligent automation, and play a significant role in economic development.

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

Ericsson (ERIC) closed the most recent trading day at $10.89, moving +0.09% from the previous trading session.

Ericsson Boosts 5G Deployment With Three Ireland Tie-Up

Ericsson (ERIC) extends partnership with Three to streamline the networking infrastructure across Ireland on the back of cutting-edge 5G technology solutions.

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

In the latest trading session, Ericsson (ERIC) closed at $10.49, marking a -0.85% move from the previous day.

Ericsson Strengthens U-MING Partnership With IoT Solutions

Ericsson (ERIC) extends its partnership with Taiwan-based U-Ming Marine Transport Corporation to revamp the latter's fleet management infrastructure with best-in-class IoT capabilities.

ERIC vs. QCOM: Which Stock Should Value Investors Buy Now?

ERIC vs. QCOM: Which Stock Is the Better Value Option?

Has Ericsson (ERIC) Outpaced Other Computer and Technology Stocks This Year?

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

Ericsson Boosts 5G Enterprise Bouquet With Cradlepoint Buyout

The buyout will enable Ericsson (ERIC) to offer a full spectrum of 5G-enabled services to business enterprise customers and augment its revenues.

Qualcomm Boosts 5G mmWave Range With Ericsson & US Cellular

Qualcomm (QCOM) partners with Ericsson and U.S. Cellular to achieve a significant breakthrough with the completion of extended data-call test supported by 5G mmWave technology.

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

In the latest trading session, Ericsson (ERIC) closed at $11.03, marking a +1.47% move from the previous day.

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Potential Huawei Ban Puts Canada Telecom Carriers in a Spot

The Huawei ban is likely to have serious geo-political and economic ramifications, forcing the Canadian government to go slow on the decision and delay it as much as possible to buy more time.

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

In the latest trading session, Ericsson (ERIC) closed at $10.90, marking a +0.46% move from the previous day.

Adobe (ADBE) Gears Up for Q3 Earnings: What's in the Cards?

Adobe Systems' (ADBE) fiscal third-quarter performance is likely to have benefited from strength in Creative Cloud and Digital Media, as well as innovation.

Telefonica Partners Nokia & Ericsson for Spain 5G Rollout

Riding on the individual core competencies of Nokia and Ericsson, Telefonica (TEF) remains well poised to achieve its set target of 5G deployment in Spain.

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Telecom Stock Roundup: Verizon-Samsung Ink Deal, Ericsson Powers 5G in Spain

While Verizon (VZ) offers Samsung a plum contract for networking equipment ahead of Huawei, Ericsson (ERIC) is helping carriers in Spain deploy 5G services across the country.

Ericsson Powers Orange Spain's 5G for Service Innovation

Ericsson's (ERIC) 5G Radio Access Network and Core technologies will aid Orange Spain to deliver innovative services.

Verizon Offers $6.6B Network Equipment Contract to Samsung

The deal is likely to be a win-win for both Verizon (VZ) and Samsung, and is likely to realign the telecommunications equipment market.

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

Ericsson (ERIC) closed at $11.68 in the latest trading session, marking a +1.39% move from the prior day.