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Ericsson (ERIC)

(Delayed Data from NSDQ)

$7.97 USD

7.97
19,027,903

-0.03 (-0.38%)

Updated Nov 15, 2024 04:00 PM ET

After-Market: $7.96 -0.01 (-0.13%) 7:32 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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2-Buy of 5   2      

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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A Value A Growth F Momentum A 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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Top 30% (76 out of 250)

Industry: Wireless Equipment

Zacks News

Ericsson's AI-Driven Solution to Optimize NTT DOCOMO's RAN

Ericsson's (ERIC) Managed Services offering proactively deals with telecom operator networks to enhance customer experience and drive agile service creation.

Ericsson (ERIC) Stock Moves -1.61%: What You Should Know

In the latest trading session, Ericsson (ERIC) closed at $7.95, marking a -1.61% move from the previous day.

Nokia to Replace CEO on Failed 5G Plan: Cause for Alarm?

Amid intense competition and delayed 5G rollouts, Nokia's (NOK) recent management reshuffling and decision to adopt certain strategic options are likely to improve its performance in the near term.

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Huawei Rides on Indigenously Built Chips: Must Rivals Worry?

With Huawei's self-reliance business model gaining traction, other telecom equipment manufacturers are likely to feel the pinch with the road becoming bumpier.

Can Strategic Measures Help Reverse Nokia's (NOK) Downtrend?

Amid intense competition and pricing pressure, Nokia's (NOK) demand-driven operations and technological competences are likely to boost its decision for a probable asset sale and merger with Ericsson.

Ericsson Brings Spectrum Sharing Solution to Expand 5G World

Ericsson's (ERIC) Spectrum Sharing software can run on any of its five million 5G-ready radios delivered since 2015.

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

Ericsson (ERIC) closed the most recent trading day at $8.47, moving +1.44% from the previous trading session.

Nokia Advances Service Operations With Cutting-Edge Software

Built on Nokia's (NOK) Common Software Foundation, the Assurance Center and Experience Center bring a new level of service automation and data- and customer-centricity for operators.

Carriers Take Multi-Vendor Approach to Deter Huawei Dominance

Despite 5G's inherent potential to deliver ultra-low latency connections, Huawei's U.S. ban, dependence on single networking vendor and coronavirus epidemic might hamper the industry's prospects.

Ericsson (ERIC) Brings AI-Driven Energy Management Solution

Ericsson's (ERIC) new energy management solution, currently live in Telenor Myanmar's network, has been tested with customers in Europe, Asia, Middle East and Latin America.

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Telecom Stock Roundup: AT&T, Corning Trump Q4 Earnings Estimates & More

Despite lower revenues from legacy wireline services, AT&T (T) beats fourth-quarter 2019 earnings estimates, while Corning's (GLW) core earnings exceed the consensus mark on healthy growth trends.

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Near-Term Headwinds Mar Wireless Equipment Industry Outlook

Although the Zacks Wireless Equipment industry has inherent growth potential, it appears to be mired in short-term headwinds and uncertainty, with significant capital expenditures and price wars eroding margins.

Ericsson (ERIC) Q4 Earnings Miss Estimates, Revenues Rise Y/Y

Ericsson's (ERIC) fourth-quarter results reflect higher operating expenses due to increased investments in R&D for 5G and in projects for digital transformation, compliance and security.

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

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?

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

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

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

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

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

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

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

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

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

    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

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

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

    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.