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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%.

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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

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

In the latest trading session, Ericsson (ERIC) closed at $11.40, marking a -1.13% move from the previous day.

Nokia IMPACT to Power Movistar Chile's Smartwatch Services

Nokia (NOK) partners with Movistar Chile to deploy its IMPACT software for seamless management of advanced services for smartwatches.

Ericsson Reinforces Market Position With 100 5G Contracts

The feat comes with Ericsson's (ERIC) announcement of a 5G deal with Telekom Slovenije.

U.S. Cellular (USM) Q2 Earnings Top Estimates, Revenues Flat

Despite the COVID-19 pandemic, United States Cellular's (USM) second-quarter 2020 results reflect higher customer connections on the back of network modernization initiatives.

Ericsson, XL Axiata Ups 5G Cloud Core Solutions in Indonesia

Ericsson (ERIC) collaborates with XL Axiata to deploy 5G-backed cloud core technology solutions for an advanced network infrastructure in East Indonesia.

Nokia Boosts 5G mmWave Deployment With U.S. Cellular Tie-Up

Nokia (NOK) partners with U.S. Cellular to deploy its AirScale portfolio and WING solution for simplified and cost-effective low-latency network connectivity.

Supriyo Bose headshot

Telecom Stock Roundup: ERIC Q2 Earnings Excel, VSAT Boosts Cybersecurity & More

While Ericsson (ERIC) beats second-quarter earnings estimates with modest top-line growth, Viasat (VSAT) deploys reliable communications services to the U.K. government.

Ericsson, SoftBank to Bring Cutting-Edge Technology in Japan

Ericsson's (ERIC) dual-mode 5G Core provides container-based microservice architecture that will help SoftBank to develop novel business models.

Viasat-Cyber1st JV Boosts UK Security With Crypto Solutions

Viasat (VSAT) partners with Cyber1st to reinforce crypto capabilities and deploy reliable communications services with an exclusive accessibility for the UK MOD.

Telefonica Furthers Data-Driven Solutions With Erictel Tie-Up

Telefonica (TEF) collaborates with Erictel to ramp up deployment of IoT solutions across its augmented geographical footprint to promote automation and digitization among enterprise customers.

Company News for Jul 20, 2020

Companies In The News Are: ERIC, BLK, KSU, JBHT.

Sreoshi Bera headshot

Thematic Investing Makes Way Through the Pandemic: 5 Picks

Thematic investment can help investors wade through the coronavirus-led market volatility. Here are five winning stocks.

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.