Analyst Price Target is $27.67
▲ +246.74% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Telefonaktiebolaget LM Ericsson (publ) in the last 3 months. The average price target is $27.67, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 246.74% upside from the last price of $7.98.
Current Consensus is
Hold
The current consensus among 15 polled investment analysts is to hold stock in Telefonaktiebolaget LM Ericsson (publ). This rating has held steady since February 2022, when it changed from a Buy consensus rating.
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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