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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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 38% (155 out of 251)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

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Telecom Stock Roundup: Motorola & Ubiquiti Surpass Earnings Estimates, & More

While Motorola (MSI) beats on first-quarter 2020 earnings driven by diligent execution of operational plans, Ubiquiti (UI) surpasses third-quarter fiscal 2020 earnings estimates on solid revenues.

Ericsson Boosts 5G Network in Norway With Telia Partnership

Ericsson (ERIC) partners with Telia Norway to deploy a 5G network technology, benefiting the operator with seamless network infrastructure and better customer experience.

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.

InterDigital's (IDCC) Q1 Earnings Beat on Higher Revenues

Higher revenues generated from new licensing avenues help InterDigital, Inc. (IDCC) beat first-quarter 2020 earnings estimates.

Motorola (MSI) Beats on Q1 Earnings, Withdraws 2020 Guidance

Driven by healthy demand for video security products and services, Motorola (MSI) surpasses first-quarter 2020 earnings estimates.

Fiverr (FVRR) Gears Up for Q1 Earnings: What's in the Cards?

Fiverr International's (FVRR) Q1 performance is likely to have been impressive driven by strength in product portfolio and improving technologies.

Etsy (ETSY) to Report Q1 Earnings: What's in the Cards?

Strong product portfolio, search capabilities & seller tools are likely to reflect on Etsy's (ETSY) Q1 results. Yet, the COVID-19 pandemic is likely to have hurt the to-be-reported quarter's earnings.

KLA-Tencor (KLAC) to Post Q3 Earnings: What's in the Cards?

KLA-Tencor's (KLAC) fiscal third-quarter results are likely to reflect the global coronavirus-driven economic crisis.

Ericsson (ERIC) Expands 5G Collaboration With China Mobile

Ericsson's (ERIC) Radio System enables smooth and cost-effective migration from 4G to 5G network, supporting communications service providers to launch cutting-edge technology.

Qualcomm (QCOM) Q2 Earnings Beat Estimates on 5G Strength

Backed by the strength of the business model and the ability to respond pro-actively to the evolving market scenario, Qualcomm (QCOM) beats on second-quarter fiscal 2020 earnings.

Ericsson-True Partnership to Power Thailand 5G Ecosystem

Ericsson (ERIC) collaborates with True Corporation to deploy avant-garde 5G network, benefiting the latter with seamless network infrastructure and better customer experience.

Are Investors Undervaluing Ericsson (ERIC) 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.

ERIC or QCOM: Which Is the Better Value Stock Right Now?

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

ADTRAN Boosts Smart Home Connectivity with Plume Tie-up

ADTRAN (ADTN) collaborates with Plume to streamline home networking solutions through a combination of support tools and business intelligence across the country.

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5 Tech Stocks to Gain From the Work-From-Home Model

The coronavirus outbreak has compelled people to stay and work from home, helping tech companies and software vendors that offer working facilities from remote locations.

Ericsson Supports ABB Power Grid With Modern 5G Connectivity

Ericsson (ERIC) will deploy its 5G-ready Industry Connect technology for smart factory connectivity in ABB Power Grid as part of the latter's digitization process.

Supriyo Bose headshot

Telecom Stock Roundup: AT&T & Ericsson's Q1 Earnings Match Estimates, & More

Despite the worldwide coronavirus-led mayhem that caused short-term financial impacts, both AT&T (T) and Ericsson's (ERIC) first-quarter 2020 adjusted earnings match estimates.

Ericsson (ERIC) Q1 Earnings Meet Estimates, Warns on Slowdown

Ericsson's (ERIC) first-quarter 2020 results reflect momentum for 5G in North America, Saudi Arabia and Japan. The company cautions that the economic slowdown caused by COVID-19 could hurt operations.

AT&T (T) Q1 Earnings in Sync With Estimates, Revenues Miss

AT&T (T) records lower first-quarter 2020 revenues due to coronavirus outbreak while adjusted earnings match estimates.

Ericsson-GCI Partnership Brings First 5G Service in Alaska

Ericsson (ERIC) collaborates with General Communication to deploy 5G network in Alaska, benefiting the latter with seamless network infrastructure and better customer experience.

Ericsson (ERIC) to Report Q1 Earnings: What's in the Offing?

Ericsson's (ERIC) first-quarter performance is likely to have benefited from momentum in business led by its strategy to increase investments for technology leadership, including 5G.

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Hostile Takeover Bid for Nokia: Will it Redefine Industry Metrics?

Amid fierce competition and pricing pressure, Nokia is reportedly on the verge of a hostile takeover by an unnamed private equity firm.

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Telecom Stock Roundup: Knowles' Initial Results, Intelsat's Bankruptcy Loan, & More

While Knowles (KN) issues preliminary results for first-quarter 2020, Intelsat (I) is seeking the cushion of a bankruptcy loan to sustain operations.

Nokia Reinforces Audio Technology With OnePlus Partnership

Nokia (NOK) secures a deal with OnePlus to incorporate its proprietary OZO Audio technology in the latter's flagship model, OnePlus 8 Pro.

Ericsson (ERIC) to Offer 5G Access to Nex-Tech Wireless

The contract is likely to enable Nex-Tech to have a smooth transition from 4G to the super-fast 5G technology, leveraging on the technological prowess of Ericsson (ERIC).