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

  • Consensus Rating: Buy
  • Consensus Price Target: $15.01
  • Forecasted Upside: 29.59 %
  • Number of Analysts: 14
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$11.58
▼ -0.35 (-2.93%)

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 $15.01
▲ +29.59% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Telefonaktiebolaget LM Ericsson (publ) in the last 3 months. The average price target is $15.01, with a high forecast of $18.00 and a low forecast of $13.02. The average price target represents a 29.59% upside from the last price of $11.58.

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 Buy

The current consensus among 14 contributing investment analysts is to buy stock in Telefonaktiebolaget LM Ericsson (publ). This Buy 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
  • 1 strong buy ratings
  • 11 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 12 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 1 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 13 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/26/2021
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 1 sell ratings
7/25/2021
  • 0 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/23/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/20/2021JPMorgan Chase & Co.Reiterated RatingOverweightLow
10/20/2021Raymond JamesLower Price TargetOutperform$14.50 ➝ $14.00Low
10/20/2021CowenLower Price 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 Price TargetOutperform$19.00 ➝ $21.00Low
7/12/2021CitigroupSet Price 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 Price 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 Price 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 Price TargetOutperform$12.00 ➝ $13.50Low
9/29/2020Credit Suisse GroupReiterated RatingOutperformLow
9/21/2020Charter EquityReiterated RatingBuyMedium
9/21/2020Raymond JamesLower Price TargetOutperform$12.50 ➝ $12.00Medium
7/20/2020JPMorgan Chase & Co.Reiterated RatingOverweightLow
7/20/2020Morgan StanleyReiterated RatingOverweightLow
7/20/2020Bank of AmericaBoost Price TargetBuy$10.50 ➝ $13.00Medium
7/20/2020CitigroupReiterated RatingBuyHigh
6/22/2020Raymond JamesBoost Price 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
3/26/2020Canaccord GenuityReiterated RatingBuy$11.00Medium
1/27/2020DanskeUpgradeHold ➝ BuyMedium
1/27/2020Kepler Capital MarketsUpgradeHold ➝ BuyMedium
1/24/2020Canaccord GenuityReiterated RatingBuy$11.00Low
1/16/2020BarclaysUpgradeEqual Weight ➝ OverweightLow
1/13/2020CitigroupUpgradeNeutral ➝ BuyMedium
10/18/2019New Street ResearchInitiated CoverageNeutralLow
10/18/2019Charter EquityUpgradeMarket Perform ➝ BuyLow
10/1/2019Canaccord GenuityUpgradeHold ➝ BuyHigh
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
12/20/2018Raymond JamesUpgradeUnderperform ➝ Market PerformMedium
10/19/2018ArgusUpgradeHold ➝ BuyLow
10/18/2018BMO Capital MarketsReiterated RatingHoldHigh
9/28/2018Canaccord GenuityBoost Price TargetHold ➝ Hold$8.50 ➝ $9.00Medium
9/19/2018Credit Suisse GroupUpgradeUnderperform ➝ Hold$7.19 ➝ $8.00Low
9/17/2018JPMorgan Chase & Co.Reiterated RatingBuyLow
9/13/2018Bank of AmericaBoost Price TargetNeutral$8.50 ➝ $8.70Low
9/5/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightLow
7/25/2018Bank of AmericaUpgradeUnderperform ➝ NeutralLow
7/20/2018Raymond JamesDowngradeMarket Perform ➝ UnderperformLow
7/18/2018DZ BankReiterated Rating$8.27Medium
4/23/2018Charter EquityUpgradeMarket Perform ➝ BuyLow
4/20/2018BMO Capital MarketsReiterated RatingHoldLow
4/20/2018CowenUpgradeUnderperform ➝ Market Perform$3.00 ➝ $7.00Medium
4/11/2018Berenberg BankInitiated CoverageHold ➝ HoldMedium
2/5/2018Bank of AmericaDowngradeBuy ➝ UnderperformHigh
2/1/2018Canaccord GenuityReiterated RatingHold ➝ Hold$6.50 ➝ $6.00Low
12/21/2017Canaccord GenuityReiterated RatingHold$6.50Low
11/9/2017CitigroupDowngradeBuy ➝ NeutralN/A
10/23/2017Canaccord GenuityLower Price TargetHold ➝ Hold$5.75 ➝ $5.25N/A
10/20/2017BMO Capital MarketsReiterated RatingHold$6.00N/A
10/19/2017CowenDowngradeUnderperformN/A
10/3/2017Credit Suisse GroupDowngradeNeutral ➝ Underperform$6.00 ➝ $4.65Low
9/22/2017Canaccord GenuityLower Price TargetHold$6.00 ➝ $5.25Low
9/21/2017BNP ParibasUpgradeNeutral ➝ OutperformLow
8/31/2017DanskeDowngradeBuy ➝ HoldLow
8/26/2017JPMorgan Chase & Co.Reiterated RatingNeutralLow
7/18/2017Canaccord GenuityReiterated RatingHold$6.00Medium
7/18/2017JPMorgan Chase & Co.Reiterated RatingHoldLow
6/30/2017Canaccord GenuityReiterated RatingNeutral ➝ Neutral - Hold$7.00Low
6/14/2017Societe GeneraleInitiated CoverageHoldLow
6/8/2017CitigroupInitiated CoverageBuy ➝ BuyLow
6/2/2017Bank of AmericaReiterated RatingBuy ➝ BuyLow
4/29/2017CowenReiterated RatingMarket Perform$4.00 ➝ $3.00Low
4/12/2017Credit Suisse GroupUpgradeUnderperform ➝ NeutralLow
3/29/2017Sanford C. BernsteinUpgradeMarket Perform ➝ OutperformMedium
3/17/2017BMO Capital MarketsReiterated RatingMarket PerformLow
3/9/2017The Goldman Sachs GroupUpgradeSell ➝ Buy$5.70 ➝ $7.80Low
2/22/2017Bank of AmericaReiterated RatingBuyN/A
1/28/2017Wells Fargo & CompanyReiterated RatingMarket PerformN/A
1/27/2017Charter EquityUpgradeMkt Underperform ➝ Mkt PerformN/A
1/19/2017The Goldman Sachs GroupDowngradeNeutral ➝ Sell$6.00N/A
1/17/2017UBS GroupReiterated RatingNeutralN/A
12/16/2016Bank of AmericaUpgradeNeutral ➝ BuyN/A
12/15/2016DanskeUpgradeSell ➝ BuyN/A
12/9/2016Wells Fargo & CompanyReiterated RatingMarket PerformN/A
10/25/2016JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralN/A
(Data available from 10/23/2016 forward)

News Sentiment Rating

0.52 (Buy)

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
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/27/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/26/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/26/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/25/2021
  • 10 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 3 very negative mentions
7/25/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/24/2021
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
9/23/2021
  • 10 very positive mentions
  • 14 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
10/23/2021

Current Sentiment

  • 10 very positive mentions
  • 14 positive mentions
  • 3 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Telefonaktiebolaget LM Ericsson (publ) logo
Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment supports all radio-access technologies and offer hardware, software and related services for both radio access and transport. The Digital Services segment provides software and services in the areas of digital business support systems, operational support systems, cloud communication, cloud core, and cloud infrastructure. The Managed Services segment includes networks and information technology managed services, network design and optimization, and application development and maintenance. The Emerging Business and Other segment encompasses emerging business, Iconectiv, Red Bee Media, and Media Solutions. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.
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Today's Range

Now: $11.58
Low: $11.53
High: $11.66

50 Day Range

MA: $11.63
Low: $10.98
High: $12.21

52 Week Range

Now: $11.58
Low: $10.88
High: $15.31

Volume

5,146,853 shs

Average Volume

6,392,097 shs

Market Capitalization

$38.61 billion

P/E Ratio

17.03

Dividend Yield

1.23%

Beta

0.4

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: Argus, Barclays PLC, Citigroup Inc., Cowen Inc, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Nordea Equity Research, Raymond James, SEB Equities, SEB Equity Research, Societe Generale, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for ERIC.

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

3 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 $15.01, suggesting a possible upside of 29.6%. Cowen Inc has the highest price target set, predicting ERIC will reach $18.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $13.02 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 1 sell rating, 3 hold ratings and 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ERIC will outperform the market and that investors should add to their positions of Telefonaktiebolaget LM Ericsson (publ).
View the latest ratings for ERIC.

What other companies compete with 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.