Free Trial

Telefonaktiebolaget LM Ericsson (publ) (ERIC) Stock Price, News & Analysis

+0.29 (+4.54%)
(As of 07/12/2024 08:51 PM ET)
Today's Range
50-Day Range
52-Week Range
36.54 million shs
Average Volume
16.32 million shs
Market Capitalization
$22.26 billion
P/E Ratio
Dividend Yield
Price Target

Telefonaktiebolaget LM Ericsson (publ) MarketRank™ Stock Analysis

Analyst Rating
1.80 Rating Score
16.5% Downside
$5.58 Price Target
Short Interest
0.99% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.37mentions of Telefonaktiebolaget LM Ericsson (publ) in the last 14 days
Based on 16 Articles This Week
Insider Trading
Proj. Earnings Growth
From $0.38 to $0.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.60 out of 5 stars

Computer And Technology Sector

549th out of 589 stocks

Radio & T.V. Communications Equipment Industry

17th out of 19 stocks

ERIC stock logo

About Telefonaktiebolaget LM Ericsson (publ) Stock (NASDAQ:ERIC)

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. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

ERIC Stock Price History

ERIC Stock News Headlines

This ticker outperformed Bitcoin by nearly 20x last time
Before you buy the newly approved Bitcoin ETFs… Take a look at this “Better than Bitcoin ticker” you can buy in any regular brokerage account. Why? Because it’s been shown to outperform Bitcoin by 10X or more during the past four bull runs… For example, while Bitcoin surged 985% during the last bull run in 2021…
Ericsson Gets a Lift From North American Demand
Ericsson reports second quarter results 2024
This ticker outperformed Bitcoin by nearly 20x last time
Before you buy the newly approved Bitcoin ETFs… Take a look at this “Better than Bitcoin ticker” you can buy in any regular brokerage account. Why? Because it’s been shown to outperform Bitcoin by 10X or more during the past four bull runs… For example, while Bitcoin surged 985% during the last bull run in 2021…
The 3 Best 6G Stocks to Buy in July 2024
See More Headlines
Receive ERIC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Telefonaktiebolaget LM Ericsson (publ) and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Radio & t.v. communications equipment
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
5 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$24.83 billion
Cash Flow
$0.77 per share
Book Value
$2.76 per share


Outstanding Shares
Free Float
Market Cap
$22.26 billion

Social Links

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report

Key Executives

  • Mr. E. Borje Ekholm MBA (Age 61)
    MSc, President, CEO & Director
    Comp: $30.5M
  • Mr. Fredrik Jejdling (Age 55)
    Executive VP, Head of Business Area Network & Head of Segment Networks
    Comp: $12.91M
  • Mr. Lars Sandstrom M.Sc. (Age 52)
    Senior VP & CFO
  • Mr. Chris Houghton (Age 58)
    Senior VP, COO and Head of Business Area Technology & New Businesses
  • Ms. Eva-Britt Allenius
    Chief Accounting Officer
  • Mr. Erik Ekudden (Age 56)
    Senior VP, CTO & Head of Group Function Technology
  • Daniel Morris
    Head of Investor Relations
  • Mr. Scott Dresser (Age 57)
    Senior VP, Chief Legal Officer, Head of Group Function Legal Affairs and Secretary
  • Ms. Rebecca Rohr
    Chief Compliance Officer
  • Peter Olofsson
    Head of Corporate Communications

ERIC Stock Analysis - Frequently Asked Questions

How have ERIC shares performed this year?

Telefonaktiebolaget LM Ericsson (publ)'s stock was trading at $6.30 at the beginning of the year. Since then, ERIC stock has increased by 6.0% and is now trading at $6.68.
View the best growth stocks for 2024 here

How were Telefonaktiebolaget LM Ericsson (publ)'s earnings last quarter?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) issued its quarterly earnings data on Friday, July, 12th. The communications equipment provider reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.04. The communications equipment provider had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.29 billion. Telefonaktiebolaget LM Ericsson (publ) had a negative net margin of 9.75% and a positive trailing twelve-month return on equity of 11.93%.

What is Börje Ekholm's approval rating as Telefonaktiebolaget LM Ericsson (publ)'s CEO?

230 employees have rated Telefonaktiebolaget LM Ericsson (publ) Chief Executive Officer Börje Ekholm on Börje Ekholm has an approval rating of 86% among the company's employees.

Does Telefonaktiebolaget LM Ericsson (publ) have any subsidiaries?

The following companies are subsidiaries of Telefonaktiebolaget LM Ericsson (publ): CradlePoint, Genaker, CENX, Allolio&Konrad, Ericpol, NodePrime, FYI Television, and more.

Who are Telefonaktiebolaget LM Ericsson (publ)'s major shareholders?

Top institutional shareholders of Telefonaktiebolaget LM Ericsson (publ) include Gateway Investment Advisers LLC (0.02%), SG Americas Securities LLC (0.01%), QRG Capital Management Inc. (0.01%) and First Affirmative Financial Network.

How do I buy shares of Telefonaktiebolaget LM Ericsson (publ)?

Shares of ERIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Telefonaktiebolaget LM Ericsson (publ) own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Telefonaktiebolaget LM Ericsson (publ) investors own include Nokia Oyj (NOK), NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Intel (INTC) and Micron Technology (MU).

This page (NASDAQ:ERIC) was last updated on 7/15/2024 by Staff

From Our Partners