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Ericsson (ERIC)

(Delayed Data from NSDQ)

$6.74 USD

6.74
23,491,081

-0.04 (-0.59%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $6.74 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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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 23% (194 out of 251)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

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Telecom Stock Roundup: NOK Inks KDDI Deal, JNPR to Boost Bharti Network & More

While Nokia (NOK) inks a deal with KDDI to support its transition to a fully-automated 5G core architecture, Bharti Airtel selects Juniper (JNPR) for network upgrade in India.

Viavi (VIAV) Beefs Up Network Performance With Ericsson Tie-Up

Viavi (VIAV) integrates its NITRO Mobility geolocation capability with Ericsson's (ERIC) Intelligent Automation Platform to optimize network performance and management.

Ericsson (ERIC) to Boost 5G Capabilities in Rural Kansas

Ericsson (ERIC) radio solutions will enable Nex-Tech to offer high-speed 5G capabilities in the rural communities of Kansas and help bridge the digital divide.

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Telecom Stock Roundup: VZ Gets FCC Nod for TracFone, ERIC to Buy Vonage & More

While Verizon (VZ) secures approval from the FCC for the acquisition of TracFone, Ericsson (ERIC) inkes a deal to acquire Vonage for $21 per share or almost $6.2 billion in cash.

Ericsson (ERIC) Inks Deal to Acquire Vonage for $6.2 Billion

Ericsson's (ERIC) leadership in 5G technology will boost the developing space for open network application programming interfaces.

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Telecom Stock Roundup: QCOM Sets Growth Goals, ERIC to Boost FIFA Experience & More

While Qualcomm (QCOM) sets ambitious growth targets for fiscal 2024, Ericsson (ERIC) is likely to boost FIFA World Cup experience in Qatar in 2022 through its 5G solutions.

Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Ericsson (ERIC) 5G Gears to Boost Qatar FIFA World Cup Experience

The partnership between Ericsson (ERIC) and the Qatar-based carrier is likely to add a new dimension to the global football extravaganza set to be held from November to December 2022.

Ericsson (ERIC) Extends Partnership With Telenet in Belgium

Ericsson's (ERIC) Operations Engine enables communications service providers to better manage their network to enhance customer experience and drive efficiency.

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Telecom Stock Roundup: Verizon, Ericsson Beat Q3 Earnings Estimates & More

While Verizon (VZ) beats third-quarter earnings estimates on healthy wireless traction, Ericsson (ERIC) beats estimates by leveraging its competitive 5G portfolio.

Ericsson's (ERIC) Q3 Earnings Beat Estimates, Revenues Miss

Ericsson's (ERIC) third-quarter 2021 results reflect a sales decline in China in the Networks and Digital Services segments.

Ericsson's (ERIC) Solutions Improve Urban Hotspot 5G Coverage

Ericsson (ERIC) has unveiled three 5G radio solutions to boost broadband network connectivity in dense urban environments.

Ciena (CIEN) Gains From Focus on Core Optical Networking, Tie-Ups

Accretive partnerships, higher demand for bandwidth, and focus on core optical networking solutions drive Ciena's (CIEN) momentum.

Ericsson (ERIC) Business Support Systems to Drive Ooredoo Group

Ericsson (ERIC) intends to accelerate the Ooredoo Group's digital transformation goals and boost its Business to Business and Business to Consumer strategies.

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Telecom Stock Roundup: Corning Boosts Fiber Production, Telefonica Inks Deal & More

While Corning (GLW) will invest $150 million in its Catawba County facility in North Carolina to augment fiber production for AT&T, Telefonica (TEF) will migrate most of its database systems to Oracle.

Telefonica (TEF) Enters Into Cloud-Native Agreement With Oracle

The transition to a cloud-based platform is likely to consolidate and simplify Telefonica's (TEF) technological infrastructure as it aims to "reinvent" itself amid a challenging macroeconomic environment.

Ericsson (ERIC) to Deliver Nationwide 5G Network in Malaysia

Digital Nasional Berhad's partnership with Ericsson (ERIC) covers the latter's Radio System products and solutions.

Ericsson (ERIC) to Modernize Viaero Wireless' Network for 5G

Ericsson's (ERIC) cutting-edge solutions allow Viaero Wireless to expand its connectivity footprint and continue delivering high-speed Internet to rural America.

Ericsson (ERIC) Tests Automated Parking, Eases 5G Network Rollout

Ericsson (ERIC) partners with Unikie for testing automated factory parking on the back of 5G standalone private network.

Ericsson (ERIC) Announces 5G Core Partnership With TPG Telecom

TPG Telecom extends its partnership with Ericsson (ERIC) to include the deployment of 5G Core for a standalone network.

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Telecom Stock Roundup: Ericsson Offers 5G Radios, ADTRAN Acquires ADVA & More

While Ericsson (ERIC) launches three new 5G radio solutions to boost broadband connectivity in urban areas, ADTRAN (ADTN) acquires ADVA to form a global end-to-end fiber networking solutions provider.

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

Ericsson (ERIC) closed the most recent trading day at $11.95, moving +1.1% from the previous trading session.

Ericsson (ERIC) Boosts Rural Broadband With Mediacom Deal

Ericsson (ERIC) radio solutions will enable Mediacom to offer high-speed Internet connectivity up to nine miles from each tower location.

Ericsson (ERIC) Boosts 5G Connectivity in Urban Hotspots

The newly launched products are part of Ericsson (ERIC) Street Solutions portfolio that boasts zero footprint power systems with low maintenance and operational costs.

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

Ericsson (ERIC) closed at $11.90 in the latest trading session, marking a +0.68% move from the prior day.