Ericsson (NASDAQ:ERIC) Hits New 52-Week High – Time to Buy?

Ericsson (NASDAQ:ERIC)’s share price hit a new 52-week high on Friday . The company traded as high as $10.52 and last traded at $10.4050, with a volume of 9291412 shares. The stock had previously closed at $9.58.

More Ericsson News

Here are the key news stories impacting Ericsson this week:

• Positive Sentiment: Q4 results beat expectations — revenue around $7.5B, operating profit and net income rose materially and EPS topped consensus (reported $0.28 vs. $0.23 est.). Improved margins and profitability were a central driver. Quiver Quant: Q4 results
• Positive Sentiment: Management unveiled a sizable shareholder-return package — a proposed 15 billion SEK (~$1.7B) buyback alongside a raised dividend — boosting the stock’s appeal to income and buyback-focused investors. Reuters: Buyback
• Positive Sentiment: Cash flow and balance-sheet improvements — operating cash and cash equivalents increased year-over-year, supporting the buyback/dividend and reducing financial risk. Quiver Quant: Cash flow
• Neutral Sentiment: Product / commercial progress — Ericsson announced 5G Advanced/SA location services and other commercial wins (e.g., Vonage/Freenow partnership), which support medium-term software and services growth but are not immediate earnings drivers. SDxCentral: 5G SA platform
• Neutral Sentiment: Management outlook: the company highlighted areas for strategic growth (AI/defense opportunities) while also setting a conservative near-term tone; investors should watch execution on those initiatives. TelecomTV: CEO comments
• Negative Sentiment: Market outlook caution — management flagged a flat RAN (radio access network) market for 2026, indicating near-term top-line pressure for Ericsson’s core equipment business. TipRanks: Flat RAN market
• Negative Sentiment: Ongoing restructuring — CEO said job cuts will continue, which helps margins but signals weaker near-term demand and potential execution/headcount risks. Reuters: Job cuts
• Negative Sentiment: Some large institutional sellers and a cautious broker consensus (recent “Reduce” composite) temper enthusiasm; follow quarterly 13-Fs and broker updates for directional flows. Quiver Quant: Institutional moves

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ERIC. Jefferies Financial Group upgraded Ericsson to a “hold” rating in a research report on Monday, October 13th. Danske cut Ericsson to a “hold” rating in a research note on Wednesday, October 15th. Cfra Research raised shares of Ericsson to a “hold” rating in a report on Wednesday, October 15th. Wall Street Zen cut shares of Ericsson from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 18th. Finally, Citigroup reiterated a “neutral” rating on shares of Ericsson in a research report on Friday, January 16th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $9.80.

Ericsson Stock Up 8.9%

The company has a market cap of $35.16 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 2.00 and a beta of 0.92. The stock has a 50-day simple moving average of $9.57 and a 200-day simple moving average of $8.76. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 0.29.

Institutional Trading of Ericsson

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Jump Financial LLC acquired a new stake in Ericsson in the second quarter worth approximately $17,461,000. FNY Investment Advisers LLC raised its stake in shares of Ericsson by 1,050.0% in the 2nd quarter. FNY Investment Advisers LLC now owns 575,000 shares of the communications equipment provider’s stock worth $4,876,000 after buying an additional 525,000 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Ericsson in the second quarter valued at $2,102,000. LSV Asset Management acquired a new stake in shares of Ericsson in the second quarter valued at $291,000. Finally, ABC Arbitrage SA boosted its stake 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 buying an additional 2,009,723 shares in 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.