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Ericsson (ERIC)

(Delayed Data from NSDQ)

$7.51 USD

7.51
6,194,489

+0.06 (0.81%)

Updated Oct 11, 2024 04:00 PM ET

After-Market: $7.50 -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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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 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%.

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

Bottom 34% (166 out of 250)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Here's Why You Should Add U.S. Cellular (USM) to Your Portfolio

U.S. Cellular (USM) aims to offer the best wireless experience to customers by providing a superior quality network and national coverage.

Ericsson (ERIC) Sees Global 5G Consumer Market at $31T by 2030

Ericsson (ERIC), in collaboration with Omdia, undertakes a study to find out the 5G consumer revenue opportunity for communications service providers until 2030.

Ericsson (ERIC) Ties Up With Telstra for Enterprise Edge Cloud

Ericsson's (ERIC) collaboration with Telstra is expected to improve the service capabilities of the carrier and enable it to significantly scale traditional wireless network to provide 5G services to varied customers.

U.S. Cellular (USM) Q3 Earnings Top Estimates, Shares Down

United States Cellular's (USM) third-quarter 2020 results reflect 5G deployments and higher customer connections supported by a robust liquidity position.

Zacks Investment Ideas feature highlights: Delta Air Lines, Marriott International, Goldman Sachs, Ericsson and Splunk

Zacks Investment Ideas feature highlights: Delta Air Lines, Marriott International, Goldman Sachs, Ericsson and Splunk

Ericsson Eyes 5G Enterprise Market With Cradlepoint Buyout

Ericsson's (ERIC) global presence and long standing associations with leading communications service providers will help accelerate Cradlepoint's expansion.

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Election Day Rally Points To Opportunity

Today's rally illustrates that cash-heavy investors don't want to be underexposed to some stocks that will benefit from this election's winners

The Zacks Analyst Blog Highlights: Advanced Micro Devices, Workday, Moody's, Ericsson and State Street Corp

The Zacks Analyst Blog Highlights: Advanced Micro Devices, Workday, Moody's, Ericsson and State Street Corp

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Top Research Reports for AMD, Workday & Moody's

Today's Research Daily features new research reports on 12 major stocks, including Advanced Micro Devices (AMD), Workday (WDAY) and Moody's (MCO).

Ericsson (ERIC) to Modernize Telia's Networks for 5G Era

Ericsson's (ERIC) industry-leading portfolio will modernize Telia's 4G networks in Sweden and Estonia to provide 5G services across a network of 10,000 cellular sites.

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Telecom Stock Roundup: Verizon, Ericsson Surpass Q3 Earnings Estimates & More

While Verizon (VZ) beats third-quarter 2020 earnings estimates on diligent execution of operational plans, Ericsson (ERIC) third-quarter earnings top expectations on 5G momentum.

Company News for Oct 22, 2020

Companies in the news are: ERIC, IPG, NDAQ, AVY

Ericsson (ERIC) Q3 Earnings Beat on 5G Momentum, Shares Up

Ericsson's (ERIC) third-quarter 2020 results reflect growth in 5G deployments in North-East Asia and North America.

Ericsson (ERIC) to Report Q3 Earnings: What's in Store?

Ericsson's (ERIC) third-quarter 2020 earnings are expected to have been driven by strong momentum for 5G combined with technology collaborations with communications service providers worldwide.

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Chip Manufacturing King Sets Tone For Semiconductor Earnings Season

The largest and most connected semiconductor giant, TSM, set the chip market earning tune this morning to an incredibly positive note

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Telecom Stock Roundup: Verizon Extends 5G Footprint, Ericsson's China Deal & More

While Verizon (VZ) expands its 5G coverage in 19 new cities, Ericsson (ERIC) collaborates with China Telecom for a data call trial.

AT&T, Ericsson to Offer Private Network Solutions to Firms

Business customers will have access to AT&T's (T) private network on Ericsson's infrastructure for a localized cellular core.

Ericsson & China Telecom Complete ESS-Backed 5G Data Call

Ericsson (ERIC) concludes 5G SA data call with China Telecom to streamline the networking infrastructure across the communist nation on the back of spectrum sharing technology.

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Top Chip Stocks To Watch As They Kickoff Q3 Earnings

Now the chip sector's outsized returns will be put to the test as September quarter earnings commence

The Zacks Analyst Blog Highlights: Ericsson, Nokia, BCE and Telus Corp

The Zacks Analyst Blog Highlights: Ericsson, Nokia, BCE and Telus Corp

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

Ericsson (ERIC) closed the most recent trading day at $10.86, moving -0.09% from the previous trading session.

Nokia Software to Power Telefonica UK Network, 5G Services

Per the deal, Nokia (NOK) will support subscriber data management for Telecom UK's 3G, 4G, 5G networks along with other services.

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Nordic Firms Score Big on Commercial 5G Deals, Huawei Falters

Nordic telecommunications equipment manufacturers like Ericsson (ERIC) and Nokia (NOK) are increasingly gaining prominence at the expense of China-based Huawei Technologies.

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.

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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.