Ericsson (NASDAQ:ERIC) Receives Average Rating of “Reduce” from Brokerages

Shares of Ericsson (NASDAQ:ERIC) have earned a consensus rating of “Reduce” from the eleven brokerages that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $10.40.

Several analysts have issued reports on the stock. Argus raised shares of Ericsson to a “hold” rating in a research note on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ericsson in a research report on Monday, December 29th. Citigroup reiterated a “neutral” rating on shares of Ericsson in a research note on Friday, January 16th. Finally, Morgan Stanley began coverage on shares of Ericsson in a research note on Monday, February 9th. They set an “equal weight” rating and a $11.00 target price for the company.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC boosted its holdings in Ericsson by 7.5% in the first quarter. AQR Capital Management LLC now owns 134,891 shares of the communications equipment provider’s stock worth $1,049,000 after purchasing an additional 9,362 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Ericsson during the 1st quarter valued at about $126,000. Yousif Capital Management LLC raised its stake in shares of Ericsson by 17.0% in the 2nd quarter. Yousif Capital Management LLC now owns 55,228 shares of the communications equipment provider’s stock valued at $468,000 after acquiring an additional 8,010 shares in the last quarter. FNY Investment Advisers LLC lifted its holdings in 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 purchasing an additional 525,000 shares during the last quarter. Finally, RNC Capital Management LLC lifted its holdings in Ericsson by 13.7% in the 2nd quarter. RNC Capital Management LLC now owns 58,360 shares of the communications equipment provider’s stock worth $495,000 after purchasing an additional 7,050 shares during the last quarter. 7.99% of the stock is owned by institutional investors and hedge funds.

Ericsson Stock Performance

Ericsson stock opened at $11.07 on Tuesday. The firm’s 50 day simple moving average is $10.05 and its 200-day simple moving average is $9.16. The company has a market cap of $37.32 billion, a P/E ratio of 12.58, a price-to-earnings-growth ratio of 1.93 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.29 and a quick ratio of 1.08. Ericsson has a fifty-two week low of $6.64 and a fifty-two week high of $11.38.

More Ericsson News

Here are the key news stories impacting Ericsson this week:

• Positive Sentiment: Ericsson reported successful 5G Standalone (5G SA) maritime trials with the Italian Navy — a commercial/technology showcase demonstrating on‑sea capabilities (edge compute, low latency comms) that can open defense and maritime revenue opportunities. Ericsson hits the high seas with Italian Navy 5G deployment Ericsson runs 5G Standalone trial with Italian Navy Ericsson trials 5G Standalone with Italian navy
• Positive Sentiment: Coverage notes broad industry pickup from the maritime test (multiple outlets highlight the breakthrough), which may improve Ericsson’s competitive positioning in defense and mission‑critical 5G deals. Ericsson buoyed by Italian Navy SA 5G test Ericsson, Leonard successfully trial 5G SA-enabled maritime connectivity for Italian Navy
• Positive Sentiment: Ericsson partnered with stc to support critical communications in Saudi Arabia — a commercial win that expands its footprint in a large Middle East market for mission‑critical and public‑safety connectivity. Ericsson and stc partner to support critical communications in Saudi Arabia
• Positive Sentiment: Ericsson joined the Trusted Tech Alliance alongside Jio, Anthropic and others — a move that supports enterprise/government trust positioning and could help in procurement cycles where supply‑chain/security credentials matter. Jio, Anthropic, Ericsson along with other 12 firms launch Trusted Tech Alliance
• Neutral Sentiment: Analyst/valuation coverage: a Yahoo Finance piece examines whether Ericsson B‑shares look reasonably priced after multi‑year gains — useful context for investors but not new operational news. Is Ericsson (OM:ERIC B) Pricing Look Reasonable After Strong Multi‑Year Share Price Performance?
• Neutral Sentiment: Short‑interest data appears to show an increase but the reported figures are effectively zero/flagged (data glitch); no clear short‑pressure signal for the stock currently. (Internal short‑interest entry)

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.