Zacks Research Has Strong Forecast for ERIC FY2026 Earnings

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC - Free Report) - Zacks Research boosted their FY2026 earnings estimates for shares of Telefonaktiebolaget LM Ericsson (publ) in a research report issued to clients and investors on Monday, May 5th. Zacks Research analyst R. Department now forecasts that the communications equipment provider will post earnings per share of $0.56 for the year, up from their previous 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.

A number of other equities research analysts have also issued reports on ERIC. JPMorgan Chase & Co. upped their target price on shares of Telefonaktiebolaget LM Ericsson (publ) from $8.90 to $9.80 and gave the company a "neutral" rating in a research note on Friday, April 11th. StockNews.com raised shares of Telefonaktiebolaget LM Ericsson (publ) from a "buy" rating to a "strong-buy" rating in a research note on Thursday, April 17th. Finally, Kepler Capital Markets upgraded Telefonaktiebolaget LM Ericsson (publ) from a "strong sell" rating to a "hold" rating in a report on Wednesday, April 16th.

Telefonaktiebolaget LM Ericsson (publ) Stock Up 0.4 %

Shares of NASDAQ ERIC opened at $8.37 on Thursday. The firm has a 50-day moving average price of $7.98 and a 200 day moving average price of $8.08. The stock has a market capitalization of $27.88 billion, a price-to-earnings ratio of -836,500.00, a price-to-earnings-growth ratio of 3.89 and a beta of 0.96. The company has a quick ratio of 0.96, a current ratio of 1.17 and a debt-to-equity ratio of 0.34. Telefonaktiebolaget LM Ericsson has a 52 week low of $5.22 and a 52 week high of $8.90.

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

Hedge Funds Weigh In On Telefonaktiebolaget LM Ericsson (publ)

A number of large investors have recently bought and sold shares of the business. Federated Hermes Inc. purchased a new position in shares of Telefonaktiebolaget LM Ericsson (publ) during the first quarter worth about $27,000. Pinnacle Bancorp Inc. bought a new position in shares of Telefonaktiebolaget LM Ericsson (publ) during the 1st quarter worth approximately $31,000. Minot DeBlois Advisors LLC purchased a new position in shares of Telefonaktiebolaget LM Ericsson (publ) in the fourth quarter worth approximately $35,000. GeoWealth Management LLC purchased a new position in Telefonaktiebolaget LM Ericsson (publ) during the fourth quarter valued at $36,000. Finally, Smartleaf Asset Management LLC grew its stake in Telefonaktiebolaget LM Ericsson (publ) by 131.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,993 shares of the communications equipment provider's stock worth $40,000 after buying an additional 2,840 shares during the last quarter. Institutional investors own 7.99% of the company's stock.

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.

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