Ericsson (NASDAQ:ERIC) Hits New 12-Month High – Should You Buy?

Ericsson (NASDAQ:ERIC) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $11.70 and last traded at $11.5150, with a volume of 3569758 shares trading hands. The stock had previously closed at $11.34.

Trending Headlines about Ericsson

Here are the key news stories impacting Ericsson this week:

• Positive Sentiment: Vonage (part of Ericsson) won Best of Enterprise Connect 2026 for an AI-powered contact-center identity & fraud solution — a credibility/competitive win for Ericsson’s enterprise software stack that supports monetization of AI and security features. Vonage Wins Best of Enterprise Connect 2026 Award
• Positive Sentiment: Ericsson expanded its collaboration with Future Technologies to scale private 5G and enterprise wireless for industrial AI in North America — a direct revenue opportunity as enterprises and critical industries ramp private 5G deployments. Ericsson and Future Technologies Expand Collaboration to Scale Enterprise Wireless Infrastructure for Industrial AI
• Positive Sentiment: Analyst commentary flags Ericsson as a potential beneficiary of AT&T’s large (~$250B) network spending plan — a positive catalyst if carrier capex expectations materialize and drive equipment/service demand. Ericsson, Corning among potential beneficiaries of AT&T’s $250B spending plan: SA analyst
• Neutral Sentiment: Short-interest data shows a meaningful decline in reported short interest through Feb (44.6M, down ~18% from mid‑Feb), lowering potential short-squeeze risk; a March data line appears to contain a reporting glitch showing 0 shares. This reduces one bearish technical overhang but warrants monitoring for updated filings.
• Neutral Sentiment: Industry coverage notes Ericsson’s long-term positioning to monetize AI-related 5G “mid‑cycle” gains — a constructive thematic backdrop but one that plays out over quarters rather than immediately. Ericsson plays long game as AI boosts ‘mid-cycle’ 5G pay-offs
• Negative Sentiment: Ericsson US disclosed a data breach tied to a third‑party service provider affecting employees and customers (reports cite ~15k records exposed). Multiple outlets flagged the breach — this raises regulatory, remediation and customer-trust risks that could pressure sentiment until the scope and cost are clarified. Ericsson US Unit Reports Data Breach Tied To Third-Party Service Provider
• Negative Sentiment: Security outlets provide further coverage of the breach and vendor “vishing” slip-up, keeping headlines active and creating near-term reputational and potential compliance cost uncertainty. Thousands Affected by Ericsson Data Breach

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Citigroup reiterated a “neutral” rating on shares of Ericsson in a report on Friday, January 16th. Morgan Stanley initiated coverage on shares of Ericsson in a report on Monday, February 9th. They set an “equal weight” rating and a $11.00 target price on the stock. Argus raised shares of Ericsson to a “hold” rating in a research report on Monday, January 26th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ericsson in a research note on Monday, December 29th. Finally, Wall Street Zen raised shares of Ericsson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $10.40.

Ericsson Stock Performance

The company has a market capitalization of $38.63 billion, a PE ratio of 13.02, a price-to-earnings-growth ratio of 1.97 and a beta of 0.93. The company has a current ratio of 1.29, a quick ratio of 1.08 and a debt-to-equity ratio of 0.26. The business’s fifty day moving average is $10.61 and its two-hundred day moving average is $9.59.

Ericsson Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 11th. Stockholders of record on Thursday, April 2nd were issued a dividend of $0.1663 per share. The ex-dividend date of this dividend was Thursday, April 2nd. Ericsson’s dividend payout ratio is presently 22.73%.

Institutional Investors Weigh In On Ericsson

Large investors have recently bought and sold shares of the business. Defiance ETFs LLC purchased a new position in Ericsson in the 4th quarter worth about $13,766,000. Russell Investments Group Ltd. boosted its holdings in shares of Ericsson by 19.1% during the 4th quarter. Russell Investments Group Ltd. now owns 1,903,298 shares of the communications equipment provider’s stock valued at $18,603,000 after acquiring an additional 304,974 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Ericsson in the fourth quarter worth approximately $429,000. Neuberger Berman Group LLC grew its stake in shares of Ericsson by 33.9% in the fourth quarter. Neuberger Berman Group LLC now owns 43,232 shares of the communications equipment provider’s stock worth $417,000 after acquiring an additional 10,955 shares during the period. Finally, Van ECK Associates Corp raised its holdings in shares of Ericsson by 229.3% during the fourth quarter. Van ECK Associates Corp now owns 1,252,437 shares of the communications equipment provider’s stock valued at $12,086,000 after purchasing an additional 872,065 shares during the last quarter. 7.99% of the stock is currently owned by institutional investors.

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.