Ericsson (NASDAQ:ERIC – Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $11.38 and last traded at $11.2550, with a volume of 2899755 shares. The stock had previously closed at $11.25.
Ericsson News Roundup
Here are the key news stories impacting Ericsson this week:
- Positive Sentiment: Launched an AI-ready radio and RAN portfolio that aims to improve network automation, efficiency and operator ROI — a product cycle catalyst for revenue and competitive positioning. Ericsson unveils AI-ready radio and RAN portfolio
- Positive Sentiment: Partnered with Mistral AI to build telecom-focused AI agents for network performance and to accelerate 6G research — strengthens Ericsson’s AI credentials and could drive software/services revenue. Mistral AI and Ericsson partner to drive AI innovation in telecom
- Positive Sentiment: Struck enterprise 5G partnerships with Microsoft and AWS, positioning Ericsson for cloud-integrated private network deals and new enterprise services. Ericsson strikes Microsoft, AWS deals for enterprise 5G
- Positive Sentiment: Expanded payments and fintech reach via partnerships with Mastercard to scale digital money movement across MEA and other regions — diversifies services and creates cross-sell opportunities. Ericsson, Mastercard team up to scale global money movement
- Positive Sentiment: Vonage (part of Ericsson) expanded its developer ecosystem, which supports Ericsson’s strategy to turn mobile networks into programmable, API-driven platforms — potential long-term ARR upside. Vonage Expands Developer Ecosystem
- Positive Sentiment: Announced a new radio R&D hub in Yokohama and research ties (University of Toronto) to accelerate 5G/next-gen mobile tech — supports long-term product leadership. Yokohama announced as site of new Ericsson Japan R&D Center
- Positive Sentiment: Local commercial wins: Ericsson Nikola Tesla signed ~€22m of deals in Croatia and Bosnia — steady near-term revenue recognition in regional markets. Ericsson Nikola Tesla signs 22 mln euro deals in Croatia, Bosnia
- Neutral Sentiment: Pre-MWC26 reports flag potential large deals (including a reported Meta engagement and asset sales such as Vodafone’s Dutch unit) that could be material if confirmed. Monitor for deal announcements. Ericsson set for MWC26; Meta mega-deal; Vodafone Dutch sale
- Neutral Sentiment: Reported short-interest data is anomalous/flat (reported as zero), so it offers no clear signal on bearish positioning at present. (Likely not meaningful.)
- Negative Sentiment: Litigation risk: Ericsson sued Acer over 4G/5G patent licensing and also filed/counterclaims in related disputes — potential legal costs, licensing uncertainty and negative headlines. Ericsson sues Acer over 4G, 5G wireless patent licensing
Analyst Ratings Changes
A number of brokerages recently commented on ERIC. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ericsson in a research report on Monday, December 29th. 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. Argus upgraded shares of Ericsson to a “hold” rating in a report on Monday, January 26th. Finally, Citigroup restated a “neutral” rating on shares of Ericsson in a report on Friday, January 16th. 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 stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $10.40.
Ericsson Trading Up 0.5%
The firm has a fifty day moving average of $10.15 and a two-hundred day moving average of $9.22. 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 company has a market cap of $38.11 billion, a PE ratio of 12.85, a price-to-earnings-growth ratio of 1.95 and a beta of 0.94.
Hedge Funds Weigh In On Ericsson
Several hedge funds and other institutional investors have recently modified their holdings of the company. ABC Arbitrage SA raised its position in Ericsson by 64.6% during the second quarter. ABC Arbitrage SA now owns 5,121,349 shares of the communications equipment provider’s stock valued at $43,429,000 after purchasing an additional 2,009,723 shares during the period. BNP Paribas Financial Markets lifted its position in Ericsson by 42.9% in the second quarter. BNP Paribas Financial Markets now owns 3,350,029 shares of the communications equipment provider’s stock worth $28,408,000 after buying an additional 1,005,398 shares during the last quarter. Jump Financial LLC purchased a new position in Ericsson during the second quarter worth $17,461,000. Russell Investments Group Ltd. increased its position in Ericsson by 19.1% during the fourth 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. Finally, Defiance ETFs LLC purchased a new stake in shares of Ericsson in the fourth quarter valued at $13,766,000. 7.99% of the stock is owned by institutional investors.
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.
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