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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
Is This The End of Capitalism? (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Is This The End of Capitalism? (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
Is This The End of Capitalism? (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Is This The End of Capitalism? (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
Is This The End of Capitalism? (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Is This The End of Capitalism? (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
NASDAQ:ERIC

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

$5.82
-0.05 (-0.85%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$5.76
▼
$5.84
50-Day Range
$5.68
▼
$6.60
52-Week Range
$5.16
▼
$12.78
Volume
9.87 million shs
Average Volume
10.91 million shs
Market Capitalization
$19.38 billion
P/E Ratio
10.58
Dividend Yield
2.53%
Price Target
$29.88

Telefonaktiebolaget LM Ericsson (publ) MarketRank™ Forecast

Analyst Rating
Hold
2.05 Rating Score
Upside/​Downside
1,002.0% Upside
$64.14 Price Target
Short Interest
Healthy
0.18% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.15mentions of Telefonaktiebolaget LM Ericsson (publ) in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
38.00%
From $0.50 to $0.69 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.13 out of 5 stars

Computer And Technology Sector

13th out of 635 stocks

Radio & T.V. Communications Equipment Industry

3rd out of 25 stocks

See Top Rated MarketRank™ Stocks Here

ERIC stock logo

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

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational support systems, communication services, core networks, and cloud infrastructure. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to telecom operators. The Emerging Business and Other segment includes emerging businesses comprising Internet of Things; iconectiv; Cradlepoint that offers wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

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ERIC Stock News Headlines

January 27, 2023 | americanbankingnews.com
Telefonaktiebolaget LM Ericsson (publ) to Post FY2025 Earnings of $0.67 Per Share, Jefferies Financial Group Forecasts (NASDAQ:ERIC)
January 26, 2023 | americanbankingnews.com
The Goldman Sachs Group Lowers Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) to Sell
January 28, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 25, 2023 | finance.yahoo.com
Ericsson announces changes to the Executive Team
January 25, 2023 | americanbankingnews.com
Cowen Lowers Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Price Target to $8.00
January 24, 2023 | finance.yahoo.com
D&I Weekly News Round Up: Special Edition – Best of 2022
January 23, 2023 | finance.yahoo.com
Ericsson (ERIC) Q4 Earnings Decline, Revenues Surge Y/Y
January 23, 2023 | finance.yahoo.com
How 5G Indoor Solutions Can Help Your Triple Bottom Line and Boost Sustainability
January 28, 2023 | Porter & Company (Ad)
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
January 23, 2023 | finance.yahoo.com
Are Options Traders Betting on a Big Move in Ericsson (ERIC) Stock?
January 22, 2023 | markets.businessinsider.com
Charter Equity Reaffirms Their Hold Rating on Telefonaktiebolaget LM Ericsson (ERIC)
January 22, 2023 | americanbankingnews.com
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) PT Lowered to $7.50 at Raymond James
January 20, 2023 | finance.yahoo.com
Ericsson Stock Falls on Earnings. Global Growth Isn’t Offsetting a U.S. Slowdown.
January 20, 2023 | finance.yahoo.com
Ericsson stock falls more than 4% after earnings miss and downbeat outlook
January 20, 2023 | finance.yahoo.com
Ericsson warns profit margins at core equipment business set to worsen
January 20, 2023 | finance.yahoo.com
Ericsson Warns of Slowing 5G Orders in North America
January 20, 2023 | americanbankingnews.com
DNB Markets Downgrades Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) to Sell
January 19, 2023 | finance.yahoo.com
Looking Back To Look Ahead: 2022's Top Ten Blog Posts
January 19, 2023 | americanbankingnews.com
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Cut to "Hold" at StockNews.com
January 13, 2023 | finance.yahoo.com
Ericsson (ERIC) Soars 5.5%: Is Further Upside Left in the Stock?
January 12, 2023 | finance.yahoo.com
Why Ericsson Stock Is Gaining Today
January 11, 2023 | finance.yahoo.com
Ericsson Nomination Committee´s proposal for board of directors. Jan Carlson proposed as new Chairman
January 11, 2023 | finance.yahoo.com
Invitation to media and analyst briefing for Ericsson Q4 and full year 2022 report
January 11, 2023 | finance.yahoo.com
Strengthened Ericsson Private Network portfolio leads the market in solution choice
January 4, 2023 | finance.yahoo.com
Ericsson Recognizes $76M Charge To Drive Profitability In Cloud Software And Services
January 4, 2023 | finance.yahoo.com
Ericsson is taking action to accelerate profitability in Cloud Software and Services
January 4, 2023 | finance.yahoo.com
Ericsson's Cloud Software and Services unit books $76 million charge
See More Headlines
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ERIC Company Calendar

Last Earnings
10/18/2021
Today
1/28/2023
Next Earnings (Estimated)
4/13/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:ERIC
CUSIP
N/A
CIK
717826
Web
www.ericsson.com
Phone
(610) 719-0000
Fax
46-8719-4222
Employees
100,454
Year Founded
1876

Price Target and Rating

Average Stock Price Forecast
$64.14
High Stock Price Forecast
$113.00
Low Stock Price Forecast
$7.50
Forecasted Upside/Downside
+413.3%
Consensus Rating
Hold
Rating Score (0-4)
2.05
Research Coverage
21 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.55
Trailing P/E Ratio
10.58
Forward P/E Ratio
11.64
P/E Growth
N/A
Net Income
$1.86 billion
Net Margins
6.86%
Pretax Margin
9.06%
Return on Equity
15.89%
Return on Assets
5.89%

Debt

Debt-to-Equity Ratio
0.20
Current Ratio
1.19
Quick Ratio
0.82

Sales & Book Value

Annual Sales
$26.93 billion
Price / Sales
0.72
Cash Flow
$0.92 per share
Price / Cash Flow
6.35
Book Value
$3.97 per share
Price / Book
1.47

Miscellaneous

Outstanding Shares
3,330,140,000
Free Float
N/A
Market Cap
$19.38 billion
Optionable
Optionable
Beta
0.54

Social Links


Key Executives

  • Mr. E. Borje Ekholm MBA (Age 60)
    MSc, Pres, CEO & Director
  • Mr. Fredrik Jejdling (Age 54)
    Exec. VP, Head of Bus. Area Network & Head of Segment Networks
  • Mr. Carl Mellander (Age 59)
    Sr. VP, CFO and Head of Group Function Fin. & Common Functions
  • Ms. Eva-Britt Allenius
    Chief Accounting Officer
  • Mr. Erik Ekudden (Age 55)
    Sr. VP, CTO & Head of Group Function Technology
  • Mr. Peter Nyquist (Age 58)
    VP & Head of Investor Relations
  • Mr. Scott Dresser (Age 56)
    Sr. VP, Chief Legal Officer, Head of Group Function Legal Affairs & Compliance and Sec.
  • Peter Olofsson
    Head of Corp. Communications
  • Ms. Stella Medlicott (Age 54)
    SVP, Chief Marketing & Communications Officer and Head of Group Function Mktg. & Corp. Relations
  • Ms. MajBritt Arfert (Age 60)
    Sr. VP, Chief People Officer & Head of Group Function People

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions













ERIC Stock - Frequently Asked Questions

Should I buy or sell Telefonaktiebolaget LM Ericsson (publ) stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson (publ) in the last year. There are currently 5 sell ratings, 10 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ERIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ERIC, but not buy additional shares or sell existing shares.
View ERIC analyst ratings or view top-rated stocks.

What is Telefonaktiebolaget LM Ericsson (publ)'s stock price forecast for 2023?

21 brokers have issued 1 year target prices for Telefonaktiebolaget LM Ericsson (publ)'s shares. Their ERIC share price forecasts range from $7.50 to $113.00. On average, they anticipate the company's stock price to reach $64.14 in the next twelve months. This suggests a possible upside of 1,002.0% from the stock's current price.
View analysts price targets for ERIC or view top-rated stocks among Wall Street analysts.

How have ERIC shares performed in 2023?

Telefonaktiebolaget LM Ericsson (publ)'s stock was trading at $5.84 on January 1st, 2023. Since then, ERIC shares have decreased by 0.3% and is now trading at $5.82.
View the best growth stocks for 2023 here.

When is Telefonaktiebolaget LM Ericsson (publ)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
View our ERIC earnings forecast.

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

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) posted its quarterly earnings results on Monday, October, 18th. The communications equipment provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.02. The communications equipment provider earned $56.30 billion during the quarter, compared to analysts' expectations of $58.16 billion. Telefonaktiebolaget LM Ericsson (publ) had a trailing twelve-month return on equity of 15.89% and a net margin of 6.86%. Telefonaktiebolaget LM Ericsson (publ)'s revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 earnings per share.

How often does Telefonaktiebolaget LM Ericsson (publ) pay dividends? What is the dividend yield for Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ) declared a dividend on Wednesday, September 7th. Stockholders of record on Friday, September 30th will be given a dividend of $0.076 per share on Friday, September 30th. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for ERIC.

Is Telefonaktiebolaget LM Ericsson (publ) a good dividend stock?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) pays an annual dividend of $0.15 per share and currently has a dividend yield of 2.53%. The dividend payout ratio is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERIC will have a dividend payout ratio of 21.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ERIC.

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 Glassdoor.com. Börje Ekholm has an approval rating of 86% among the company's employees.

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

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

What is Telefonaktiebolaget LM Ericsson (publ)'s stock symbol?

Telefonaktiebolaget LM Ericsson (publ) trades on the NASDAQ under the ticker symbol "ERIC."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Telefonaktiebolaget LM Ericsson (publ)'s stock price today?

One share of ERIC stock can currently be purchased for approximately $5.82.

How much money does Telefonaktiebolaget LM Ericsson (publ) make?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has a market capitalization of $19.38 billion and generates $26.93 billion in revenue each year. The communications equipment provider earns $1.86 billion in net income (profit) each year or $0.55 on an earnings per share basis.

How many employees does Telefonaktiebolaget LM Ericsson (publ) have?

The company employs 100,454 workers across the globe.

Does Telefonaktiebolaget LM Ericsson (publ) have any subsidiaries?
The following companies are subsidiares of Telefonaktiebolaget LM Ericsson (publ): *REDBACK NETWORKS, AB Aulis, Advanced Computer Communications, Airvana - EVDO business, Allolio&Konrad, Ambient Corporation, Apcera, Aspex Semiconductor, Axxessit AS, Azuki systems, BelAir Networks, CENX, Companía Ericsson S.A.C.I., ConceptWave Software, CradlePoint, Cradlepoint Inc., Creative Broadcast Services Holdings Ltd., Datacenter i Mjärdevi Aktiebolag, Datacenter i Rosersberg AB, Drutt Corporation, Emodo Inc., Entrisphere, Envivio, Ericpol, Ericsson (China) Communications Co. Ltd., Ericsson (China) Company Ltd., Ericsson (Malaysia) Sdn. Bhd., Ericsson (Thailand) Ltd., Ericsson A/S, Ericsson AB, Ericsson AG, Ericsson Amplified Technologies, Ericsson Australia Pty. Ltd., Ericsson Austria GmbH, Ericsson Cables Holding AB, Ericsson Canada Inc., Ericsson Communication Solutions Pte Ltd., Ericsson Corporatia AO, Ericsson Credit AB, Ericsson Danmark A/S, Ericsson España S.A., Ericsson Germany GmbH, Ericsson GmbH, Ericsson Holding II Inc., Ericsson Holding International B.V., Ericsson Holdings Ltd., Ericsson Hungary Ltd., Ericsson Inc., Ericsson India Global Services PVT. Ltd, Ericsson India Private Ltd., Ericsson Japan K.K., Ericsson Ltd., Ericsson Media Solutions Ltd, Ericsson Participations France SAS, Ericsson Shared Services AB, Ericsson South Africa PTY. Ltd, Ericsson Telecom S.A. de C.V., Ericsson Telecommunicatie B.V., Ericsson Telecommunications Pte. Ltd., Ericsson Telecomunicazioni S.p.A., Ericsson Telecomunicações S.A., Ericsson Telekommunikation GmbH, Ericsson Telekomunikasyon A.S., Ericsson Television, Ericsson Television AS, Ericsson Wireless Office Inc., Ericsson-LG CO Ltd., FYI Television, Fabrix Systems, GEOSS, Genaker, Iconectiv LLC., L M Ericsson Limited, LHS AG, Marconi Corporation plc, MetraTech, Microsoft Mediaroom, Nanjing Ericsson Panda Communication Co. Ltd., Netspira Networks, Netwise AB, NodePrime, Optimi Corporation, Oy LM Ericsson Ab, Pride SpA, Red Bee Media, Redback Networks, Sentilla, Technicolor - Broadcast Services, Teleca, Teleric Pty Ltd., TimelessMIND, and iconectiv.
Read More
How can I contact Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ)'s mailing address is TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483. The official website for the company is www.ericsson.com. The communications equipment provider can be reached via phone at (610) 719-0000, via email at investor.relations@ericsson.com, or via fax at 46-8719-4222.

This page (NASDAQ:ERIC) was last updated on 1/28/2023 by MarketBeat.com Staff