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Stock of the Day: Ericsson

Ericsson
ERIC 90-day performance NASDAQ:ERIC Ericsson
Current Price
$9.73
-0.01 (-0.10%)
(As of 11/7/2025 04:00 PM ET)
30 Day Performance
18.66%
  
 
90 Day Performance
29.56%
  
 
1 Year Performance
18.23%
  
 
Market Capitalization
$32.58B
P/E Ratio
13.15
Dividend Yield
2.06%

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. Ericsson provides end-to-end offerings that include network design and deployment, managed services, system integration, operations support (OSS/BSS), edge computing and Internet of Things (IoT) platforms. In addition to equipment and services, Ericsson maintains an extensive patent portfolio and licensing business tied to cellular standards, which contributes to its role in the broader telecommunications ecosystem.

Throughout its history Ericsson has played a central role in the evolution of telephony and mobile communications. Notable milestones include its long-standing participation in mobile standards development and a consumer handset joint venture with Sony from 2001 to 2012. The company has also addressed regulatory and compliance matters in recent years, including resolving investigations related to historical conduct. Ericsson is publicly listed in Sweden and trades American Depositary Receipts on the Nasdaq under the symbol ERIC. Börje Ekholm has served as CEO since 2017, leading the company through a multi-year transformation toward software- and services-led offerings and expanded 5G deployments globally.

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