What is Zacks Research's Forecast for ERIC FY2026 Earnings?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC - Free Report) - Zacks Research boosted their FY2026 earnings per share (EPS) estimates for Telefonaktiebolaget LM Ericsson (publ) in a note issued to investors on Monday, May 5th. Zacks Research analyst R. Department now forecasts that the communications equipment provider will post earnings of $0.56 per share for the year, up from their prior forecast of $0.52. The consensus estimate for Telefonaktiebolaget LM Ericsson (publ)'s current full-year earnings is $0.48 per share. Zacks Research also issued estimates for Telefonaktiebolaget LM Ericsson (publ)'s Q1 2027 earnings at $0.14 EPS.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC - Get Free Report) last released its earnings results on Tuesday, April 15th. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The firm had revenue of $5.68 billion for the quarter, compared to analysts' expectations of $55.83 billion. Telefonaktiebolaget LM Ericsson (publ) had a return on equity of 13.70% and a net margin of 0.06%.

ERIC has been the subject of several other research reports. Kepler Capital Markets raised shares of Telefonaktiebolaget LM Ericsson (publ) from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 16th. StockNews.com upgraded Telefonaktiebolaget LM Ericsson (publ) from a "buy" rating to a "strong-buy" rating in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. increased their target price on Telefonaktiebolaget LM Ericsson (publ) from $8.90 to $9.80 and gave the stock a "neutral" rating in a report on Friday, April 11th.

Telefonaktiebolaget LM Ericsson (publ) Trading Up 0.6%

ERIC stock traded up $0.05 during trading on Thursday, hitting $8.45. The company had a trading volume of 20,377,864 shares, compared to its average volume of 18,716,989. The stock has a market cap of $28.16 billion, a PE ratio of -845,000.00, a PEG ratio of 3.89 and a beta of 0.96. Telefonaktiebolaget LM Ericsson has a one year low of $5.30 and a one year high of $8.90. The company has a current ratio of 1.17, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average of $7.97 and a 200-day moving average of $8.08.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Tidal Investments LLC grew its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 11.1% in the third quarter. Tidal Investments LLC now owns 30,197 shares of the communications equipment provider's stock worth $229,000 after acquiring an additional 3,026 shares during the period. GAMMA Investing LLC grew its position in Telefonaktiebolaget LM Ericsson (publ) by 33.7% during the fourth quarter. GAMMA Investing LLC now owns 14,082 shares of the communications equipment provider's stock valued at $114,000 after buying an additional 3,548 shares during the period. Diversified Trust Co raised its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 68.7% in the fourth quarter. Diversified Trust Co now owns 343,965 shares of the communications equipment provider's stock worth $2,772,000 after buying an additional 140,116 shares during the period. Fulton Bank N.A. bought a new position in shares of Telefonaktiebolaget LM Ericsson (publ) in the fourth quarter worth about $102,000. Finally, Aprio Wealth Management LLC raised its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 102.6% in the fourth quarter. Aprio Wealth Management LLC now owns 31,975 shares of the communications equipment provider's stock worth $258,000 after buying an additional 16,196 shares during the period. 7.99% of the stock is currently owned by institutional investors.

About Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other.