Back to top
more

Ericsson (ERIC)

(Real Time Quote from BATS)

$7.28 USD

7.28
9,472,268

+0.06 (0.83%)

Updated Sep 9, 2024 03:04 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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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 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%.

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

Bottom 38% (154 out of 249)

Industry: Wireless Equipment

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Supriyo Bose headshot

Telecom Stock Roundup: Verizon's Environmental Pledge, Ericsson's R&D Push & More

by Supriyo Bose

While Verizon (VZ) is reaffirming its commitment to end carbon emissions in its operations by 2035, Ericsson (ERIC) plans to establish a new R&D center in France to boost 5G momentum in Europe.

Ericsson (ERIC) to Report Q4 Earnings: What's in the Cards?

by Zacks Equity Research

Ericsson's (ERIC) fourth-quarter performance is likely to have benefited from ramp up in live commercial 5G rollouts around the world.

Ericsson's R&D Center in France Furthers Its Europe 5G Push

by Zacks Equity Research

Ericsson (ERIC) currently employs 15,000 engineers in Europe, which equates to 60% of its total R&D staff members.

Viavi-Ingram Micro Team Up to Boost Network Performance

by Zacks Equity Research

Viavi Solutions (VIAV) partners with Ingram Micro to deploy avant-garde test instruments for fiber and cable networks to a large number of businesses across the United States.

Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

Ericsson (ERIC) closed at $8.79 in the latest trading session, marking a -1.35% move from the prior day.

Supriyo Bose headshot

Telecom Stock Roundup: Qualcomm Boosts Self-Driving, Ericsson's IoT Drive & More

by Supriyo Bose

While Qualcomm (QCOM) spurs autonomous driving with Snapdragon Ride, Ericsson (ERIC) accelerates digitization in Saudi Arabia with Mobily deal.

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

by Zacks Equity Research

Ericsson (ERIC) closed the most recent trading day at $8.90, moving +0.91% from the previous trading session.

Ericsson to Power Saudi Arabia's Digitization & IoT Drive

by Zacks Equity Research

Mobily will leverage the comprehensive portfolio of Ericsson (ERIC) and deploy solutions spanning 5G radio access technologies to digitize both government and private sector businesses in Saudi Arabia.

Microsoft Partners With Luxoft on Connected Vehicle Platform

by Zacks Equity Research

Microsoft's (MSFT) extended partnership with Luxoft will enable automakers to better utilize Microsoft Connected Vehicle Platform.

    Ericsson (ERIC) & TDC Launch Pilot 5G Network in Denmark

    by Zacks Equity Research

    In collaboration with TDC, Ericsson (ERIC) is on track to achieve 'Digital Denmark' objectives to expand 5G coverage across the country.

    Vodafone Australian Unit Picks Nokia as 5G Network Vendor

    by Zacks Equity Research

    Vodafone's (VOD) Australian telco counterpart teams up with Nokia to supply 5G equipment and deploy seamless 5G technology across the country.

    Supriyo Bose headshot

    Telecom Stock Roundup: Ericsson Powers Connected Vehicle, Knowles' Buyout & More

    by Supriyo Bose

    While Ericsson (ERIC) has joined forces with Microsoft to deliver a comprehensive connected vehicle platform at scale to the market, Knowles (KN) has acquired MEMS microphone ASIC design assets from ams AG.

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

    by Zacks Equity Research

    Ericsson (ERIC) closed the most recent trading day at $8.86, moving +0.23% from the previous trading session.

    Ericsson Boosts R&D Efforts in 5G Technology With NIB Loan

    by Zacks Equity Research

    Ericsson (ERIC) continues to witness strong momentum in its business owing to its strategy to increase investments for technology leadership, including 5G.

    Ericsson Partners Microsoft on Connected Vehicle Platform

    by Zacks Equity Research

    By joining their distinct expertise, Ericsson (ERIC) and Microsoft intend to help automotive manufacturers broaden their global connected vehicle solutions while minimizing expenses.

    Buy These 4 Stocks as Smart-Home Space Continues to Grow

    by Zacks Equity Research

    Smart home space is being boosted by growing demand for energy efficiency and security. Hence, buy these four stocks as the space sees growth from advancement in IoT.

    Ericsson Deploys Evolved Packet Core Framework in Telstra

    by Zacks Equity Research

    Ericsson (ERIC) will empower Telstra to achieve greater orchestration and network automation to deliver services such as enhanced mobile broadband, network slicing, mobile edge computing and advanced enterprise services.

    Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know

    by Zacks Equity Research

    Ericsson (ERIC) closed at $9.20 in the latest trading session, marking a -0.97% move from the prior day.

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

    by Zacks Equity Research

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

    Supriyo Bose headshot

    5G Wave Could Help These Stocks Score Big in 2020

    by Supriyo Bose

    As the 5G ecosystem evolves with increased deployment across the globe, it is likely to offer a plethora of opportunities for diverse industries to spearhead innovation in order to redefine our daily lives.

    Sreyoshi Mukherjee headshot

    5G Set to Transform US Healthcare: 3 Stocks to Watch

    by Sreyoshi Mukherjee

    Non-MedTech companies are ramping up investments in healthcare through 5G.

    Ericsson Powers 5G-Enabled Automated Ferry Service in Norway

    by Zacks Equity Research

    Ericsson (ERIC) believes that standardization of 5G is the cornerstone for digitization of industries and broadband.

    Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know

    by Zacks Equity Research

    Ericsson (ERIC) closed at $9.16 in the latest trading session, marking a -0.76% move from the prior day.

    Telefonica to Adopt Multi-Vendor Policy for 5G in Spain

    by Zacks Equity Research

    Telefonica (TEF) seeks to adopt a multi-vendor strategy with Huawei to reinforce 5G network infrastructure in Spain.

    Ericsson Resolves Corruption Probe With $1.1B Settlement

    by Zacks Equity Research

    With the historic settlement, Ericsson (ERIC) aims to focus its resources to better compete with industry rivals and fill the void created by the trade restrictions on China-based firm Huawei.