Ericsson (NASDAQ:ERIC) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Ericsson from a "buy" to a "strong‑buy", but the broader analyst picture is mixed — MarketBeat shows an average rating of "Reduce" with a consensus price target of $10.40.
• Shares opened at $11.13 (near a one‑year high of $11.64) and the company has a $37.5B market cap and P/E of 12.65; Ericsson is also receiving positive operational news with multiple 5G contracts, cloud 5G/core performance demonstrations and AI/6G partnerships that could support future services and software revenue.

Ericsson (NASDAQ:ERIC - Get Free Report) was upgraded by Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Saturday.

ERIC has been the subject of a number of other research reports. Citigroup reaffirmed a "neutral" rating on shares of Ericsson in a research report on Friday, January 16th. Weiss Ratings reissued a "buy (b-)" rating on shares of Ericsson in a research note on Monday, December 29th. Argus upgraded Ericsson to a "hold" rating in a report on Monday, January 26th. Finally, Morgan Stanley assumed coverage on shares of Ericsson in a report on Monday, February 9th. They set an "equal weight" rating and a $11.00 price objective on the stock. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Ericsson has an average rating of "Reduce" and a consensus target price of $10.40.

Ericsson Stock Down 1.2%

ERIC stock opened at $11.13 on Friday. The company has a 50 day moving average price of $10.51 and a two-hundred day moving average price of $9.51. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.08 and a current ratio of 1.29. The stock has a market capitalization of $37.52 billion, a P/E ratio of 12.65, a PEG ratio of 1.97 and a beta of 0.93. Ericsson has a one year low of $6.64 and a one year high of $11.64.

Institutional Trading of Ericsson

A number of institutional investors have recently modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new stake in Ericsson during the 3rd quarter worth approximately $28,000. Jones Financial Companies Lllp grew its stake in Ericsson by 12.4% during 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 period. Dynamic Technology Lab Private Ltd purchased a new stake in Ericsson during the first quarter worth approximately $126,000. Hennessy Advisors Inc. increased its position in shares of Ericsson by 10.3% in the fourth quarter. Hennessy Advisors Inc. now owns 16,324 shares of the communications equipment provider's stock worth $158,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its stake in shares of Ericsson by 57.2% in the 2nd quarter. Neuberger Berman Group LLC now owns 20,485 shares of the communications equipment provider's stock valued at $174,000 after acquiring an additional 7,452 shares during the period. Hedge funds and other institutional investors own 7.99% of the company's stock.

Key Stories Impacting Ericsson

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.

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