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Ericsson (ERIC)

(Delayed Data from NSDQ)

$7.30 USD

7.30
12,859,722

+0.08 (1.11%)

Updated Sep 9, 2024 04:00 PM ET

After-Market: $7.30 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 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 D 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 38% (154 out of 249)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Ericsson (ERIC) Beats Earnings Estimates in Q2, Shares Up

Ericsson's (ERIC) second-quarter 2020 results reflect the positive contribution of 5G deployments in North-East Asia and business momentum in North America.

Motorola's WAVE PTX Launch Boosts PTT Communications System

Motorola (MSI) launches WAVE PTX solution to streamline business operations and reinforce workgroup communications in an economical manner with best-in-class network capabilities.

Supriyo Bose headshot

Telecom Stock Roundup: QCOM Invests in India, ERIC Boosts Airport Network & More

While Qualcomm (QCOM) aims to power 5G network drive in India through its investments, Ericsson (ERIC) aims to scale up traditional wireless networks in Paris airports.

Ericsson Extends Partnership With Omantel for 5G Development

Ericsson (ERIC) intends to support Omantel's commercial 5G deployment at key locations across Oman, including Salalah, Nizwa and Sur.

What's in Store for Ericsson (ERIC) This Earnings Season?

Ericsson (ERIC) expects Q2 to have seen a softer performance of the company than normal due to the timing of strategic contracts and uncertainty induced by the COVID-19 pandemic.

Ericsson to Deploy Private Mobile Network in Paris Airports

The deal is likely to enable Paris airports to scale up traditional wireless networks, leveraging the technological prowess of Ericsson (ERIC).

Nokia Deploys 400G Core IP Network With Windstream Tie-Up

Nokia (NOK) partners with Windstream to expand core IP network capacity by leveraging its 7750 service router platform for enhanced connectivity solutions in the United States.

Viasat Removes Internet Speed Caps for Ka-Band Customers

Viasat (VSAT) eliminates Internet speed limits for business jets equipped with Ka-band satellite connectivity system for an enhanced communications infrastructure in the global aviation market.

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

Ericsson (ERIC) closed at $9.54 in the latest trading session, marking a +1.06% move from the prior day.

What Makes Ericsson (ERIC) a Promising Investment Option?

With healthy fundamentals and upward estimate revisions, Ericsson (ERIC) appears to be an enticing investment option for the volatile market.

The Zacks Analyst Blog Highlights: Ericsson, NVIDIA, Marvell Technology, Ciena and Qorvo

The Zacks Analyst Blog Highlights: Ericsson, NVIDIA, Marvell Technology, Ciena and Qorvo

Aniruddha Ganguly headshot

Work-From-Home Trend to Speed Up 5G Rollout: 5 Solid Buys

Here we pick five 5G stocks that are expected to benefit from higher spending as demand for high-speed Internet shoots up.

Comtech Reinforces Public Safety With ISO Re-Certification

Comtech's (CMTL) Location Technologies Group secures re-certification of ISO 27001 Information Security Standard, which protects confidential information of enterprises and customers.

Ericsson (ERIC) Rolls Out Standalone 5G Network Facilities

The Standalone 5G solution will enable carriers to augment their network capabilities with a simpler architecture, low latency and fast response times.

Motorola Powers Integrated Cloud Solutions for Fire Service

Motorola (MSI) deploys avant-garde cloud-based control room system to provide U.K.'s Bedfordshire Fire and Rescue Service with a fully reliable end-to-end workflow and streamlined processes.

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.

Nokia Expands Network Capacity With Djezzy Collaboration

Nokia (NOK) collaborates with Djezzy to showcase impressive multi-gigabit network capacity of up to 8.5Gbps, leveraging its Wavence microwave transport solution in Algeria.

Ericsson Powers Taiwan 5G Ecosystem With Chunghwa Telecom

Ericsson (ERIC) partners with Chunghwa Telecom to capitalize on its technological prowess and deploy seamless 5G network technology with advanced solutions for better customer experience.

The Zacks Analyst Blog Highlights: Enbridge, GoDaddy, Dropbox and Ericsson

The Zacks Analyst Blog Highlights: Enbridge, GoDaddy, Dropbox and Ericsson

Supriyo Bose headshot

Telecom Stock Roundup: Verizon Boycotts Facebook Ads, Nokia Inks New 5G Deal & More

While Verizon (VZ) boycotts advertising campaigns in the social media platform of Facebook, Nokia (NOK) secures 5G deal with Taiwan Mobile.

Nilanjan Banerjee headshot

4 Stocks to Snap Up From Wall Street's Best Quarter in Decades

Although the market is likely to be choppy through the second half of 2020, there will be opportunities to make money if well-researched investment strategies are adopted.

Zacks.com featured highlights include: B&G Foods, K12, Kroger, Ericsson and iClick Interactive Asia Group

Zacks.com featured highlights include: B&G Foods, K12, Kroger, Ericsson and iClick Interactive Asia Group

Nokia (NOK) to Power Taiwan Mobile With Exclusive 5G Deal

Nokia's (NOK) 5G portfolio will scale up Taiwan Mobile's legacy network infrastructure within dynamic cloud environments, with a sharp focus on scalability, automation and performance.

Ericsson to Power Liberty Latin America's Modernization Drive

The three-year deal is likely to enable Liberty Latin America to scale up traditional wireless networks, leveraging the technological prowess of Ericsson (ERIC).

Qualcomm Boosts Smart City Technology With Infinite Tie-Up

As part of Smart Cities Accelerator Program, Qualcomm (QCOM) partners with Infinite to deploy smart city technology solutions by leveraging its expertise in digital transformation.