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Telefonaktiebolaget LM Ericsson (publ) - ERIC Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $5.58
  • Forecasted Upside: 10.28%
  • Number of Analysts: 5
  • Breakdown:
  • 2 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$5.06 As of 04/18/2024 01:00 AM ET
▲ +0.13 (2.64%)

This chart shows the closing price for ERIC by one month, three months, or twelve months.

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Analyst Price Target for ERIC

Analyst Price Target is $5.58
▲ +10.28% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Telefonaktiebolaget LM Ericsson (publ) in the last 3 months. The average price target is $5.58, with a high forecast of $5.58 and a low forecast of $5.58. The average price target represents a 10.28% upside from the last price of $5.06.

This chart shows the closing price for ERIC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 5 investment analysts is to reduce stock in Telefonaktiebolaget LM Ericsson (publ). This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
10/26/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
1/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
4/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
7/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
10/21/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
1/19/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
3/19/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
4/18/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/17/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$5.81 ➝ $5.58Low
1/31/2024UBS GroupDowngradeNeutral ➝ SellLow
1/19/2024BarclaysDowngradeEqual Weight ➝ UnderweightLow
12/8/2023Jefferies Financial GroupUpgradeHold ➝ BuyLow
11/30/2023JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$7.80 ➝ $5.90Low
10/18/2023JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$8.30 ➝ $7.78Low
7/18/2023Societe GeneraleUpgradeSell ➝ HoldLow
7/17/2023BarclaysDowngradeOverweight ➝ Equal WeightLow
3/30/2023DNB MarketsUpgradeHold ➝ BuyLow
2/7/2023Raymond JamesDowngradeOutperform ➝ Market PerformLow
1/23/2023The Goldman Sachs GroupDowngradeNeutral ➝ SellLow
1/23/2023CowenLower TargetOutperform$10.00 ➝ $8.00Low
1/22/2023Raymond JamesLower Target$10.50 ➝ $7.50Low
1/17/2023CowenBoost TargetOutperform$8.00 ➝ $10.00Low
1/17/2023DNB MarketsDowngradeHold ➝ SellLow
1/10/2023BNP ParibasDowngradeOutperform ➝ NeutralLow
12/13/2022BarclaysBoost TargetSEK 85 ➝ SEK 90Low
12/9/2022Societe GeneraleBoost TargetSEK 55 ➝ SEK 64Low
11/9/2022Deutsche Bank AktiengesellschaftLower TargetSEK 80 ➝ SEK 70Low
11/8/2022Morgan StanleyInitiated CoverageEqual WeightLow
11/1/2022JPMorgan Chase & Co.Lower TargetOverweight ➝ OverweightSEK 125 ➝ SEK 101Low
10/24/2022BarclaysLower TargetSEK 95 ➝ SEK 85Low
10/24/2022Societe GeneraleDowngradeBuy ➝ SellLow
10/24/2022The Goldman Sachs GroupDowngradeBuy ➝ NeutralLow
10/21/2022Raymond JamesLower TargetOutperform$12.00 ➝ $9.00Low
10/21/2022CowenLower TargetOutperform$11.00 ➝ $8.00Low
10/21/2022Oddo BhfDowngradeOutperform ➝ UnderperformSEK 60Low
10/21/2022CowenLower TargetOutperform$11.00 ➝ $8.00Low
10/13/2022BarclaysInitiated CoverageOverweightLow
9/26/2022Redburn PartnersInitiated CoverageNeutralLow
9/15/2022Credit Suisse GroupDowngradeOutperform ➝ UnderperformLow
7/18/2022Credit Suisse GroupLower TargetOutperform ➝ OutperformSEK 120 ➝ SEK 113Low
7/15/2022UBS GroupLower TargetSEK 85 ➝ SEK 78Low
7/15/2022Deutsche Bank AktiengesellschaftLower TargetSEK 85 ➝ SEK 80Low
7/15/2022Kepler Capital MarketsDowngradeHoldLow
7/15/2022CheuvreuxDowngradeBuy ➝ HoldLow
7/15/2022CowenLower Target$15.00 ➝ $11.00Low
4/21/2022Credit Suisse GroupLower TargetSEK 134 ➝ SEK 120Low
4/20/2022BarclaysLower TargetOverweight ➝ OverweightSEK 160 ➝ SEK 130Medium
4/18/2022CowenLower Target$16.00 ➝ $15.00Low
4/18/2022CowenLower Target$16.00 ➝ $15.00Low
4/8/2022Grupo SantanderUpgradeUnderperform ➝ OutperformSEK 106Low
3/18/2022Deutsche Bank AktiengesellschaftLower TargetHold ➝ HoldSEK 120 ➝ SEK 100Low
3/17/2022Jefferies Financial GroupInitiated CoverageHoldLow
3/9/2022UBS GroupUpgradeSell ➝ NeutralLow
3/1/2022DZ BankDowngradeBuy ➝ HoldMedium
2/28/2022CitigroupDowngradeBuy ➝ NeutralMedium
2/17/2022Societe GeneraleReiterated RatingBuy ➝ BuySEK 151 ➝ SEK 121High
1/26/2022UBS GroupBoost TargetSEK 95 ➝ SEK 96Medium
1/26/2022JPMorgan Chase & Co.Reiterated RatingOverweight ➝ OverweightSEK 123 ➝ SEK 125Medium
1/26/2022CitigroupReiterated RatingBuy ➝ BuySEK 125Medium
12/20/2021Morgan StanleyInitiated CoverageEqual Weight$13.00Low
10/25/2021Bank of AmericaInitiated CoverageUnderperformLow
10/20/2021JPMorgan Chase & Co.Reiterated RatingOverweightLow
10/20/2021Raymond JamesLower TargetOutperform$14.50 ➝ $14.00Low
10/20/2021CowenLower TargetOutperform$21.00 ➝ $18.00Low
10/8/2021BarclaysReiterated RatingOverweightLow
7/20/2021Credit Suisse GroupReiterated RatingOutperformLow
7/19/2021BarclaysReiterated RatingOverweightLow
7/19/2021Morgan StanleyReiterated RatingEqual WeightLow
7/19/2021CitigroupReiterated RatingBuyLow
7/19/2021UBS GroupReiterated RatingSellLow
7/19/2021ArgusDowngradeBuy ➝ HoldMedium
7/13/2021CowenBoost TargetOutperform$19.00 ➝ $21.00Low
7/12/2021CitigroupSet TargetBuy$13.02Low
7/6/2021Credit Suisse GroupReiterated RatingOutperformLow
7/1/2021Morgan StanleyReiterated RatingEqual WeightLow
6/24/2021UBS GroupDowngradeNeutral ➝ SellLow
5/7/2021Morgan StanleyDowngradeOverweight ➝ Equal WeightMedium
4/23/2021BarclaysReiterated RatingOverweightLow
4/23/2021Morgan StanleyReiterated RatingOverweightLow
4/22/2021CowenBoost TargetOutperform$17.00 ➝ $19.00Low
4/14/2021BarclaysReiterated RatingOverweightMedium
4/8/2021Credit Suisse GroupReiterated RatingOutperformLow
4/7/2021Raymond JamesReiterated RatingBuyLow
3/15/2021SEB EquitiesUpgradeHold ➝ BuyLow
3/15/2021SEB Equity ResearchUpgradeBuyLow
2/1/2021BarclaysReiterated RatingOverweightLow
2/1/2021JPMorgan Chase & Co.Reiterated RatingOverweightLow
2/1/2021Morgan StanleyReiterated RatingOverweightLow
2/1/2021Deutsche Bank AktiengesellschaftReiterated RatingHoldLow
2/1/2021Credit Suisse GroupReiterated RatingOutperformLow
2/1/2021CowenBoost TargetOutperform$15.00 ➝ $17.00Low
1/22/2021Nordea Equity ResearchUpgradeHold ➝ BuyLow
1/14/2021BarclaysReiterated RatingOverweightLow
11/20/2020UBS GroupReiterated RatingNeutralLow
11/12/2020Societe GeneraleUpgradeHold ➝ BuyMedium
10/22/2020BarclaysReiterated RatingOverweightLow
10/22/2020Credit Suisse GroupReiterated RatingOutperformLow
10/22/2020JPMorgan Chase & Co.Reiterated RatingOverweightLow
10/22/2020Morgan StanleyReiterated RatingOverweightLow
10/22/2020Deutsche Bank AktiengesellschaftReiterated RatingHoldLow
10/22/2020Societe GeneraleReiterated RatingHoldLow
10/22/2020DanskeUpgradeHold ➝ BuyLow
10/21/2020Raymond JamesBoost TargetOutperform$12.00 ➝ $13.50Low
9/29/2020Credit Suisse GroupReiterated RatingOutperformLow
9/21/2020Charter EquityReiterated RatingBuyMedium
9/21/2020Raymond JamesLower TargetOutperform$12.50 ➝ $12.00Medium
7/20/2020JPMorgan Chase & Co.Reiterated RatingOverweightLow
7/20/2020Morgan StanleyReiterated RatingOverweightLow
7/20/2020Bank of AmericaBoost TargetBuy$10.50 ➝ $13.00Medium
7/20/2020CitigroupReiterated RatingBuyHigh
6/22/2020Raymond JamesBoost TargetOutperform$9.00 ➝ $10.00Low
4/17/2020Credit Suisse GroupReiterated RatingOutperformLow
3/30/2020CowenUpgradeMarket Perform ➝ OutperformHigh
3/27/2020DZ BankReiterated RatingBuyLow
3/27/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$9.00Low
1/27/2020DanskeUpgradeHold ➝ BuyMedium
1/27/2020Kepler Capital MarketsUpgradeHold ➝ BuyMedium
1/16/2020BarclaysUpgradeEqual Weight ➝ OverweightLow
1/13/2020CitigroupUpgradeNeutral ➝ BuyMedium
10/18/2019New Street ResearchInitiated CoverageNeutralLow
10/18/2019Charter EquityUpgradeMarket Perform ➝ BuyLow
9/20/2019DZ BankUpgradeHold ➝ BuyLow
7/29/2019The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy$11.50Low
7/19/2019CowenReiterated RatingHold$9.00Low
7/1/2019SantanderDowngradeBuy ➝ HoldLow
5/29/2019New Street ResearchDowngradeNeutral ➝ SellLow
5/24/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$9.98Low
5/22/2019Bank of AmericaUpgradeNeutral ➝ Buy$9.85High
4/21/2019CowenReiterated RatingHold$10.00Low
(Data available from 4/18/2019 forward)

News Sentiment Rating

0.34 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2023
  • 10 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 4 very negative mentions
Mentions as of
10/21/2023
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 8 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 11 very positive mentions
  • 20 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
2/18/2024
  • 6 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 16 very positive mentions
  • 27 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
Mentions as of
4/18/2024

Current Sentiment

  • 16 very positive mentions
  • 27 positive mentions
  • 6 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Telefonaktiebolaget LM Ericsson (publ) logo
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.
Read More

Today's Range

Now: $5.06
Low: $4.96
High: $5.11

50 Day Range

MA: $5.37
Low: $4.79
High: $5.74

52 Week Range

Now: $5.06
Low: $4.33
High: $6.36

Volume

29,648,432 shs

Average Volume

17,703,852 shs

Market Capitalization

$16.85 billion

P/E Ratio

N/A

Dividend Yield

3.44%

Beta

0.76

Frequently Asked Questions

What sell-side analysts currently cover shares of Telefonaktiebolaget LM Ericsson (publ)?

The following Wall Street research analysts have issued reports on Telefonaktiebolaget LM Ericsson (publ) in the last year: Barclays PLC, Jefferies Financial Group Inc., JPMorgan Chase & Co., Societe Generale, StockNews.com, TheStreet, and UBS Group AG.
View the latest analyst ratings for ERIC.

What is the current price target for Telefonaktiebolaget LM Ericsson (publ)?

1 Wall Street analysts have set twelve-month price targets for Telefonaktiebolaget LM Ericsson (publ) in the last year. Their average twelve-month price target is $5.58, suggesting a possible upside of 10.3%. JPMorgan Chase & Co. has the highest price target set, predicting ERIC will reach $5.58 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $5.58 for Telefonaktiebolaget LM Ericsson (publ) in the next year.
View the latest price targets for ERIC.

What is the current consensus analyst rating for Telefonaktiebolaget LM Ericsson (publ)?

Telefonaktiebolaget LM Ericsson (publ) currently has 2 sell ratings, 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for ERIC.

What other companies compete with Telefonaktiebolaget LM Ericsson (publ)?

Other companies that are similar to Telefonaktiebolaget LM Ericsson (publ) include Nokia Oyj, Ubiquiti, Motorola Solutions, Teradyne and Jabil. Learn More about companies similar to Telefonaktiebolaget LM Ericsson (publ).

How do I contact Telefonaktiebolaget LM Ericsson (publ)'s investor relations team?

Telefonaktiebolaget LM Ericsson (publ)'s physical mailing address is TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483. The communications equipment provider's listed phone number is (610) 719-0000 and its investor relations email address is [email protected]. The official website for Telefonaktiebolaget LM Ericsson (publ) is www.ericsson.com. Learn More about contacing Telefonaktiebolaget LM Ericsson (publ) investor relations.