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Ericsson (ERIC)

(Delayed Data from NSDQ)

$6.33 USD

6.33
14,109,289

-0.07 (-1.09%)

Updated Jul 9, 2024 04:00 PM ET

After-Market: $6.32 -0.01 (-0.16%) 6:24 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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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 C 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 8% (230 out of 250)

Industry: Wireless Equipment

Better trading starts here.

Zacks News

Ericsson (ERIC) Q2 Earnings Miss, Stock Down on Challenges in China

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

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Telecom Stock Roundup: QCOM Enters Smartphone Market, VZ Settles Lawsuits & More

Qualcomm (QCOM) forays into the smartphone market with one of its flagship chips. Verizon (VZ) amicably settles twin patent lawsuits with China-based Huawei.

Ericsson (ERIC) Joins Tech Giants to Test Industry-First 5G Feature

Ericsson (ERIC) partners with Telia (TLSNY) and Qualcomm (QCOM) to test a landmark 5G feature exhibiting lower signaling requirement during transition between a device's connected and inactive state.

Nokia (NOK) Plans to Raise '21 View on Improved Market Conditions

Nokia (NOK) intends to revise its outlook for 2021 to better reflect the improving business conditions.

Ericsson (ERIC) to Power 5G Core SA Network for Vodafone Spain

Ericsson (ERIC) solutions will enable Vodafone Spain to unlock the full potential of 5G as the latter embarks on a journey to provide 5G SA connectivity services throughout the country.

Will Higher Revenues Drive Ericsson's (ERIC) Earnings in Q2?

Ericsson's (ERIC) performance in the second quarter of 2021 is likely to have benefited from strong 5G momentum globally.

Best Buy, Inovio Pharmaceuticals, Volkswagen, Ericsson and Nokia highlighted as Zacks Bull and Bear of the Day

Best Buy, Inovio Pharmaceuticals, Volkswagen, Ericsson and Nokia highlighted as Zacks Bull and Bear of the Day

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Huawei Inks 4G Deal With Volkswagen: A Marriage of Convenience?

The transaction between Huawei and Volkswagen (VWAGY) is reportedly one of the largest of its kind in the automotive industry and marks a striking deal among all adversities between two struggling entities.

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

In the latest trading session, Ericsson (ERIC) closed at $13.04, marking a +0.77% move from the previous day.

TELUS (TU) Launches 5G Service in Alberta, Boosts Network

With speed of up to 1.7 Gbps, TELUS' (TU) 5G network provides greater capacity, ultra-low latency and edge computing.

Why U.S. Cellular (USM) is an Appealing Bet for Investors

Network-modernization initiatives, subscriber acquisitions and 5G innovations on the back of a dynamic business model make U.S. Cellular (USM) an attractive bet.

Nokia (NOK) & TPG Telecom Launch 5G Standalone in Australia

Nokia (NOK) is supplying equipment from its ReefShark-powered AirScale product portfolio.

Ericsson (ERIC) & Google Cloud to Offer New Solutions to Firms

Ericsson (ERIC) and Google Cloud are set to help firms in the automotive, manufacturing and other industries increase efficiency by bringing connectivity close to their locations.

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Telecom Stock Roundup: Qualcomm Upgrades Chip, Ericsson's Longest 5G Call & More

While Qualcomm (QCOM) launches Snapdragon 888 Plus - an upgraded version of its flagship 5G Snapdragon mobile platform, Ericsson (ERIC) achieves the world's longest distance 5G call from a commercial mobile site.

Ericsson (ERIC) Ties Up With Telstra for Longest Distance 5G Call

The 5G SA call across 113 km was achieved using Ericsson's (ERIC) commercial 5G SA network software on Telstra's 850 MHz spectrum.

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

Ericsson (ERIC) closed at $12.68 in the latest trading session, marking a +0.48% move from the prior day.

Zacks Industry Outlook Highlights: Ericsson, Nokia, Aviat Networks, QUALCOMM, Juniper Networks and Motorola Solutions

Zacks Industry Outlook Highlights: Ericsson, Nokia, Aviat Networks, QUALCOMM, Juniper Networks and Motorola Solutions

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Telecom Stock Roundup: Nokia Conducts Trial, Ericsson Boosts Cloud RAN & More

While Nokia (NOK) conducts a trial to test the efficacy of sustainable networking solutions, Ericsson (ERIC) augments its Cloud RAN portfolio with the inclusion of mid-band spectrum and Massive MIMO.

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3 Wireless Stocks Likely to Beat Chip Shortage-Led Industry Woes

The chip shortage and consequent supply chain disruptions have hit the demand for advanced networking architecture for increased broadband usage, leading the Zacks Wireless Equipment industry to wobble. ERIC, NOK and AVNW are well positioned to thrive despite the near-term challenges.

Ericsson (ERIC) Adds 5G Mid-Band Support to Spur Cloud RAN Offering

Ericsson (ERIC) unveils major enhancements to its 5G Cloud RAN portfolio, which involves providing support for mid-band and Massive MIMO deployments.

Ericsson (ERIC) Gains But Lags Market: What You Should Know

In the latest trading session, Ericsson (ERIC) closed at $12.69, marking a +1.04% move from the previous day.

Vodafone (VOD) Selects Samsung for Supplying 5G Equipment in U.K.

With a diverse and open ecosystem, Vodafone (VOD) aims to develop a more cost-effective, secure, energy efficient and customer-focused network in the United Kingdom.

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

In the latest trading session, Ericsson (ERIC) closed at $13.10, marking a -0.61% move from the previous day.

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

Ericsson (ERIC) closed the most recent trading day at $13.10, moving -0.46% from the previous trading session.

Ericsson (ERIC) Unveils IoT Security Service, Aids Enterprises

Ericsson (ERIC) partners with Orange's (ORAN) subsidiary, Orange Business Services, to manage the security of enterprises with the Threat Monitoring and Mitigation solution, an IoT security offering.