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

Wall Street Zen upgraded shares of Ericsson (NASDAQ:ERIC) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

A number of other brokerages have also recently issued reports on ERIC. Morgan Stanley began coverage on shares of Ericsson in a research note on Monday, February 9th. They issued an “equal weight” rating and a $11.00 price objective on the stock. Argus upgraded Ericsson to a “hold” rating in a research note on Monday, January 26th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ericsson in a research note on Monday, December 29th. Finally, Citigroup reissued a “neutral” rating on shares of Ericsson in a report on Friday, January 16th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Ericsson currently has a consensus rating of “Reduce” and an average target price of $10.40.

Ericsson Price Performance

Shares of NASDAQ:ERIC opened at $11.13 on Friday. The firm has a 50 day moving average of $10.51 and a 200-day moving average of $9.52. The stock has a market capitalization of $37.52 billion, a PE ratio of 12.65, a PEG ratio of 1.94 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. Ericsson has a 12 month low of $6.64 and a 12 month high of $11.64.

Ericsson Dividend Announcement

The business also recently disclosed a dividend, which was paid on Saturday, March 7th. Investors of record on Thursday, April 2nd were given a dividend of $0.1663 per share. The ex-dividend date was Thursday, April 2nd. Ericsson’s dividend payout ratio is currently 22.73%.

Institutional Trading of Ericsson

A number of hedge funds have recently added to or reduced their stakes in the stock. Jump Financial LLC bought a new stake in shares of Ericsson during the second quarter worth $17,461,000. ABC Arbitrage SA lifted its stake in shares of Ericsson by 64.6% in the 2nd quarter. ABC Arbitrage SA now owns 5,121,349 shares of the communications equipment provider’s stock valued at $43,429,000 after acquiring an additional 2,009,723 shares during the last quarter. Defiance ETFs LLC acquired a new stake in shares of Ericsson during the 4th quarter valued at $13,766,000. BNP Paribas Financial Markets boosted its holdings in shares of Ericsson by 42.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,350,029 shares of the communications equipment provider’s stock valued at $28,408,000 after acquiring an additional 1,005,398 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in Ericsson by 229.3% during the 4th quarter. Van ECK Associates Corp now owns 1,252,437 shares of the communications equipment provider’s stock worth $12,086,000 after acquiring an additional 872,065 shares during the last quarter. Institutional investors and hedge funds own 7.99% of the company’s stock.

Ericsson News Roundup

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.

About Ericsson

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.