Ericsson (NASDAQ:ERIC) Reaches New 52-Week High – Still a Buy?

Ericsson (NASDAQ:ERIC)’s stock price reached a new 52-week high on Friday . The company traded as high as $11.39 and last traded at $11.3810, with a volume of 21575 shares. The stock had previously closed at $11.29.

Key Ericsson News

Here are the key news stories impacting Ericsson this week:

• Positive Sentiment: World’s first live 6G pre‑standard OTA session demonstrated in Texas, showing cloud‑hosted LLM processing for robotics and real‑time video and announcing U.S. manufacturing for next‑gen 6G gear — a high‑profile technology leadership milestone that supports long‑term TAM expansion and differentiation. U.S. at the forefront with world’s first live 6G trial by Ericsson in Texas, powering AI robotics and real-time video streaming
• Positive Sentiment: Live proof‑of‑concept of ISAC (Integrated Sensing and Communication) for drone detection using massive‑MIMO at Ericsson’s Plano HQ — opens commercial/public‑safety and defense use cases and upsells for existing radio footprint. U.S. shows ISAC leadership as Ericsson demonstrates breakthrough drone detection proof of concept at Texas headquarters
• Positive Sentiment: Multi‑year strategic partnership with NTT DATA to scale private 5G and “physical AI” for enterprises — positions Ericsson to capture managed private 5G services, edge AI and recurring revenue across large global accounts. NTT DATA and Ericsson Team Up to Scale Private 5G and Physical AI for Enterprises
• Positive Sentiment: Keysight collaboration to enable pre‑6G interoperability validation using real infrastructure — de‑risks operator rollouts and helps accelerate standards/partner adoption that support future product sales. Keysight and Ericsson Collaborate to Enable Pre-6G Interoperability Validation
• Positive Sentiment: Telstra set a 5G uplink record using Ericsson 5G‑A equipment — a marketing/technical win that validates Ericsson’s competitive performance in advanced 5G radio gear. Telstra sets uplink record using Ericsson 5G-A equipment
• Positive Sentiment: MasOrange to unify its 5G SA core with Ericsson — another operator win for core software and services that can drive near‑term revenue. MasOrange to unify 5G SA core with Ericsson
• Positive Sentiment: Vonage (part of Ericsson) highlighted for Mobile World Congress demos — supports enterprise platform narrative and cross‑sell opportunities ahead of MWC 2026. Vonage Brings Network Innovation to Mobile World Congress 2026
• Neutral Sentiment: Seeking Alpha piece arguing free cash flow deserves focus over headlines — useful framing for fundamental investors but no immediate operational news. Ericsson: Free Cash Flow Over Headlines
• Neutral Sentiment: Mastercard noted partnerships including work with Ericsson on digital financial inclusion — a peripheral mention that signals cross‑industry collaboration but limited near‑term revenue impact. Mastercard Crypto Card And Fintech Deals Reshape Long Term Earnings Story

Analyst Upgrades and Downgrades

ERIC has been the subject of several research analyst reports. Morgan Stanley initiated coverage on Ericsson in a research report on Monday, February 9th. They set an “equal weight” rating and a $11.00 price target for the company. Citigroup restated a “neutral” rating on shares of Ericsson in a report on Friday, January 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ericsson in a research note on Monday, December 29th. Finally, Argus raised shares of Ericsson to a “hold” rating in a research report on Monday, January 26th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $10.40.

Ericsson Stock Up 2.3%

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 company has a market cap of $38.92 billion, a price-to-earnings ratio of 13.09, a price-to-earnings-growth ratio of 1.95 and a beta of 0.94. The business has a 50-day simple moving average of $10.31 and a 200-day simple moving average of $9.35.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ERIC. ABC Arbitrage SA increased its position 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 purchasing an additional 2,009,723 shares during the last quarter. BNP Paribas Financial Markets increased its holdings 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 valued at $28,408,000 after buying an additional 1,005,398 shares during the last quarter. Jump Financial LLC acquired a new stake in Ericsson in the second quarter valued at $17,461,000. Russell Investments Group Ltd. lifted its holdings in Ericsson by 19.1% during the 4th quarter. Russell Investments Group Ltd. now owns 1,903,298 shares of the communications equipment provider’s stock worth $18,603,000 after buying an additional 304,974 shares during the last quarter. Finally, Defiance ETFs LLC acquired a new position in shares of Ericsson during the 4th quarter worth about $13,766,000. Institutional investors and hedge funds own 7.99% of the company’s stock.

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.