Ericsson (NASDAQ:ERIC) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Ericsson (NASDAQ:ERIC) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

ERIC has been the topic of several other reports. Citigroup reissued a “neutral” rating on shares of Ericsson in a research report on Friday, January 16th. Morgan Stanley assumed coverage on shares of Ericsson in a research report on Monday, February 9th. They set an “equal weight” rating and a $11.00 target price on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Ericsson in a research note on Monday, December 29th. Finally, Argus raised shares of Ericsson to a “hold” rating in a report on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $10.40.

Ericsson Price Performance

Shares of NASDAQ ERIC opened at $11.13 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.29 and a quick ratio of 1.08. Ericsson has a 1-year low of $6.64 and a 1-year high of $11.64. The company has a market capitalization of $37.52 billion, a price-to-earnings ratio of 12.65, a PEG ratio of 1.97 and a beta of 0.93. The business has a 50-day moving average of $10.51 and a 200-day moving average of $9.51.

Hedge Funds Weigh In On Ericsson

A number of institutional investors have recently made changes to their positions in ERIC. Brown Brothers Harriman & Co. purchased a new position in shares of Ericsson during the 3rd quarter valued at approximately $28,000. Jones Financial Companies Lllp increased its stake in shares of Ericsson by 12.4% in the third quarter. Jones Financial Companies Lllp now owns 13,017 shares of the communications equipment provider’s stock worth $107,000 after buying an additional 1,441 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Ericsson in the first quarter valued at $126,000. Hennessy Advisors Inc. boosted its stake in Ericsson by 10.3% during the 4th quarter. Hennessy Advisors Inc. now owns 16,324 shares of the communications equipment provider’s stock valued at $158,000 after acquiring an additional 1,518 shares during the last quarter. Finally, Neuberger Berman Group LLC grew its holdings in Ericsson by 57.2% during the 2nd quarter. Neuberger Berman Group LLC now owns 20,485 shares of the communications equipment provider’s stock worth $174,000 after acquiring an additional 7,452 shares in the last quarter. 7.99% of the stock is owned by institutional investors and hedge funds.

Ericsson News Summary

Here are the key news stories impacting Ericsson this week:

• Positive Sentiment: Expanded partnership with Ethio Telecom for network build‑out in Ethiopia, extending Ericsson’s footprint and potential multi‑year revenue/backlog in Africa. MWC26: Ethio Telecom preps expansion with Ericsson Ethio Telecom, Ericsson Extend Partnership
• Positive Sentiment: A series of operator deals: Dialog Axiata selected Ericsson to deploy 5G RAN across Sri Lanka (nationwide expansion), Far EasTone tapped Ericsson for network upgrades in Taiwan, and Liberty Costa Rica launched commercial 5G services with Ericsson — all support recurring equipment/software sales and services revenue. Ericsson to Deploy 5G RAN for Dialog Axiata Far EasTone taps Ericsson Liberty Costa Rica pairs with Ericsson
• Positive Sentiment: Collaboration and R&D momentum: Ericsson demonstrated high‑performance cloud 5G core (1 Tbps throughput) and partnered with AT&T on an AI‑driven 5G/Cloud RAN prototype that boosts radio efficiency — signals product leadership that can win future operator contracts. Ericsson claims 1 Tbps throughput AT&T Demonstrates Working Prototype
• Positive Sentiment: Strategic industry positioning: Ericsson is involved in a global 6G push with Apple and major Taiwan firms and is deepening AI/6G collaboration with Chunghwa Telecom — these partnerships could translate into long‑term platform advantages and higher‑margin software/services deals. Ericsson in global 6G push Chunghwa Telecom, Ericsson deepen collaboration
• Neutral Sentiment: Published the 2025 annual report — a scheduled disclosure that may contain useful detail on revenue mix, margins and capital allocation but produced no single headline event in these reports. Ericsson publishes 2025 annual report
• Neutral Sentiment: Short‑interest data reported appears to be a zero/NaN anomaly and is unlikely to be a meaningful driver of share moves; treat with caution until corrected.

Ericsson Company Profile

Ericsson AB is a Swedish multinational telecommunications equipment and services company headquartered in Stockholm. Founded in 1876 by Lars Magnus Ericsson, the company designs, develops and sells infrastructure, software and services that enable mobile and fixed-line networks worldwide. Ericsson serves a global customer base that includes mobile network operators, enterprise customers and public-sector organizations across Europe, the Americas, Asia-Pacific, the Middle East and Africa.

The company’s core activities center on building and modernizing network infrastructure, with a particular focus on radio access networks (RAN), core network software, cloud-native solutions and network management systems.