Telefonaktiebolaget LM Ericsson (publ) (ERIC)
| Market Cap | 26.70B |
| Revenue (ttm) | 22.40B |
| Net Income (ttm) | 1.81M |
| Shares Out | 3.33B |
| EPS (ttm) | 0.00 |
| PE Ratio | 14,777.44 |
| Forward PE | 13.99 |
| Dividend | $0.02 (0.32%) |
| Ex-Dividend Date | Oct 2, 2024 |
| Volume | 10,686,255 |
| Open | 8.00 |
| Previous Close | 8.01 |
| Day's Range | 7.89 - 8.01 |
| 52-Week Range | 4.77 - 8.90 |
| Beta | 0.29 |
| Analysts | Hold |
| Price Target | 6.70 (-15.3%) |
| Earnings Date | Apr 15, 2025 |
About 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 so... [Read more]
Analyst Forecast
According to one analyst, the rating for ERIC stock is "Hold" and the 12-month stock price forecast is $6.7.
News
New Vonage Research Highlights Continued Rise of AI and Its Impact on CX
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has released its Globa...
Ericsson and Telstra pioneer the first programmable network in Asia-Pacific
Four-year deployment will put Telstra's network, and related offerings, among global frontrunners Network capabilities will drive differentiated connectivity for Telstra's consumer and enterprise cus...
Ericsson unveils new wave of radio, antenna, and RAN Connect products to advance high-performing programmable networks
Expands portfolio with seven new energy-efficient and high-performing Massive MIMO and Remote radios, Indoor 5G solutions, and new open fronthaul products called RAN Connect The innovations will reduc...
Lydia Solutions Partners with Vonage to Revolutionize Security and User Experience Leveraging Network Capabilities
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), today announced that Ly...
Aduna secures KDDI as equity partner in groundbreaking API venture
Expands with a major telecommunications operator in Japan - joining forces to redefine the industry. STOCKHOLM , Feb. 12, 2025 /PRNewswire/ -- Aduna, a landmark venture between some of the world's lea...
Aduna partners with Infobip to expand ecosystem and network innovation
The venture between Ericsson and global telecom operators is announcing a strategic partnership with Infobip to expand the reach of advanced network APIs. STOCKHOLM , Feb. 12, 2025 /PRNewswire/ -- Adu...
Aduna partners with Sinch to accelerate network API opportunities
Aduna, a venture between Ericsson and global telecom leaders, will be entering a partnership with Sinch to further bolster the network API ecosystem. STOCKHOLM , Feb. 11, 2025 /PRNewswire/ -- Aduna, a...
Sinch Partners with Aduna to Advance Global Network API Solutions
Partnership expands enterprise access to secure, scalable mobile network capabilities, driving innovation in digital services. STOCKHOLM , Feb. 11, 2025 /PRNewswire/ -- Sinch (Sinch AB (publ)) – (XSTO...
Ericsson appoints Charlotte Levert as Chief People Officer
Effective as of February 10, 2025 Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM , Feb. 5, 2025 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment of ...
LCRA and Ericsson to deploy private LTE network for utilities in Texas
PLANO, Texas , Feb. 4, 2025 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and the Lower Colorado River Authority (LCRA) have signed a multi-year agreement to implement a private LTE network across parts of ...
mydealz Chooses Vonage to Revolutionize Deal Sharing Through Rich Communication Services (RCS)
HOLMDEL, N.J.--(BUSINESS WIRE)--mydealz, Germany's largest social shopping community, has announced a new partnership with Vonage to bring a next-level messaging experience to its users through Rich C...
Ericsson Stock Sinks on Warning US Tariffs Would Significantly Hurt Business
American depositary receipts (ADRs) of Ericsson (ERIC) sank 11% Friday when the telecom equipment maker missed profit estimates and warned that potential tariffs from the Trump administration could se...
Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business
The company's shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.
Ericsson Posts Weak Results, Joins East West Bancorp And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.1% on Friday.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q4 2024 Earnings Call Transcript
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q4 2024 Earnings Conference Call January 24, 2025 3:00 AM ET Company Participants Daniel Morris - Head of Investor Relations Borje Ekholm - Presid...
Ericsson shares skid as enterprise trouble offsets AT&T boost
Ericsson shares slumped Friday as the telecom equipment maker missed on fourth-quarter profit due to its struggling enterprise division.
Ericsson reports fourth quarter results and full-year results 2024
STOCKHOLM , Jan. 24, 2025 /PRNewswire/ -- Strategic highlights – continuing to deliver on strategic and operational priorities Maintaining leadership in programmable networks, with new 5G Advanced sof...
Ericsson ready to take advantage of Trump's tech policies, CTO says in Davos
Swedish telecom gear maker Ericsson expects the United States to continue to be at the forefront of technology development under President Donald Trump, which the company is ready to take advantage of...
Europe has adopted a regulatory-first approach, Ericsson CEO says
Ericsson CEO Borje Ekholm says Europe needs to follow America's lead when it comes to business regulation.
Vonage Achieves SOC 2 Type II Compliance for Network APIs, Reinforcing its Commitment to Data Security and Customer Trust
HOLMDEL, N.J. , Jan. 21, 2025 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), today an...
Invitation to media and analyst briefing for Ericsson Q4 2024 report
Report to be released at approximately 7:00 AM CET on January 24, 2025 One live video webcast for analysts, investors, and journalists at 9:00 AM CET STOCKHOLM , Jan. 9, 2025 /PRNewswire/ -- Ericsson'...
Historic API venture announces CEO
The recently-launched venture between some of the world's largest telecom operators and Ericsson (NASDAQ: ERIC) announces the appointment of Anthony Bartolo as its Chief Executive Officer and the name...
What's Happening With Ericsson's Stock?
Ericsson stock (NASDAQ: ERIC) has increased by about 34% in 2024, outperforming the broader indices. Ericsson reported third-quarter results that exceeded expectations, with sales totaling SEK 61.8 bi...
US trade tribunal finds Lenovo smartphones infringe Ericsson patents
The U.S. International Trade Commission said on Tuesday that smartphones made by Lenovo's Motorola Mobility infringe patents owned by Ericsson , which could lead to a ban on U.S. imports of the phones...
Ericsson Mobility Report: early movers pursue performance-based business models
Global mobile network data traffic projected to grow almost 200 percent between 2024 and the end of 2030 6.3 billion global 5G subscriptions forecast by the end of 2030 - of which 60 percent are expec...