Telefonaktiebolaget LM Ericsson (publ) (ERIC)
| Market Cap | 27.00B |
| Revenue (ttm) | 24.34B |
| Net Income (ttm) | -134.58M |
| Shares Out | 3.33B |
| EPS (ttm) | -0.04 |
| PE Ratio | n/a |
| Forward PE | 15.84 |
| Dividend | $0.26 (3.28%) |
| Ex-Dividend Date | Oct 2, 2024 |
| Volume | 2,009,121 |
| Open | 7.93 |
| Previous Close | 8.05 |
| Day's Range | 7.92 - 8.02 |
| 52-Week Range | 4.77 - 8.62 |
| Beta | 0.32 |
| Analysts | Hold |
| Price Target | 6.70 (-16.3%) |
| Earnings Date | Jan 21, 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
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...
Vonage Survey Reveals Increased Acceptance of AI in Customer Support, with Nearly Two Thirds of Consumers Admitting More Efficient Interactions
U.S.-based Research by Vonage explores consumer sentiment around AI for customer support, highlighting perceived benefits and lingering concerns HOLMDEL, N.J. , Nov. 21, 2024 /PRNewswire/ -- Improved ...
FPT and Ericsson Join Forces to Propel 5G-Driven AI, Data, and Digital Transformation
HO CHI MINH CITY, Vietnam--(BUSINESS WIRE)--Global technology corporation FPT and Global ICT leader Ericsson have entered a partnership to accelerate 5G adoption and drive advancements in artificial i...
Ericsson targets high-performing programmable networks with new 5G Advanced software
High-performing programmable networks empower communications service providers (CSPs) to steer network behavior, aligning it with diverse business goals for optimal outcomes Seven new 5G Advanced soft...
Ericsson announces change to the Executive Team
STOCKHOLM , Oct. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that MajBritt Arfert, the Company's Chief People Officer, will step down at the end of May, 2025. Mrs. Arfert has bee...
Ericsson and MasOrange partner on European-first open programmable network integration
STOCKHOLM , Oct. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and MasOrange, Spain's largest communications service provider (CSP) by customer base, are embarking on a major five-year Open RAN-rea...
Ericsson signs 5G ORAN deal with Spain's MasOrange
Ericsson has signed a 5G deal with Spain's largest telecoms operator, MasOrange, to upgrade its network using ORAN technologies, the Swedish company said on Tuesday, its first such deal in Europe afte...
Vonage Launches Intelligent Workspace to Deliver a Next-Gen Contact Center Experience
HOLMDEL, N.J. , Oct. 17, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has la...
Vonage Launches Intelligent Workspace to Deliver a Next-Gen Contact Centre Experience
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 launched Vonage Co...
Nokia joins Ericsson in seeing signs of recovery after mixed results
Finnish telecom equipment supplier Nokia on Thursday reported a 9% rise in third-quarter operating profit on cost cuts, and echoed rival Ericsson in seeing demand recovery in some areas.
Vonage Appoints Veteran Tech Executive Anthony Bartolo as Chief Operating Officer
Cloud communications leader with 30 years of experience driving operational excellence and scaling global businesses HOLMDEL, N.J. , Oct. 16, 2024 /PRNewswire/ -- Vonage , a global leader in cloud com...
Airtel Business and Vonage partner to launch cutting-edge business communications application
New communications application includes multi-channel capabilities, real-time monitoring and data loss prevention to help enterprises in India enhance their stakeholder communications GURUGRAM, India ...
Q3 2024 Earnings: Hold Ericsson
Telefonaktiebolaget LM Ericsson's stock surged post-earnings despite a year-on-year revenue decline, driven by strong expansion in Networks and improved EBIT and EBITDA figures. CEO Börje Ekholm highl...
Ericsson Stock Soars as North American Sales Drive Strong Earnings
Ericsson's (ERIC) U.S.-listed shares surged Tuesday after the communications technology provider reported better-than-expected results on strong sales in North America.
Ericsson Stock Surges. How AT&T Is Helping the Telecoms Equipment Supplier.
Ericsson said its networks unit's North America sales rose 80% in the third quarter.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q3 2024 Earnings Conference Call Transcript
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q3 2024 Earnings Conference Call October 15, 2024 3:00 AM ET Company Participants Daniel Morris - Head of IR Borje Ekholm - President and CEO Lars...
Ericsson Expects Market to Stabilize as Key North America Sales Rise
The Swedish telecommunications-equipment company said its key networks unit saw an 80% surge in North America sales in the third quarter after winning contracts and as some large customers made select...
Ericsson shares jump 7% on third-quarter beat, growth in North America sales
Ericsson on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion Swedish crowns ($0.7 billion), surpassing the 5.75 billion crown mean forecast of analysts cited b...
Ericsson stock jumps as AT&T fuels earnings beat
Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.
Ericsson starting to see a gradual recovery, CEO says
Ericsson CEO Börje Ekholm says the Swedish firm has taken a lot of actions to adjust how it operates as the market remains challenging.
Ericsson reports third quarter results 2024
STOCKHOLM , Oct. 15, 2024 /PRNewswire/ -- Strategic highlights – solid progress on both strategic and operational priorities Increased momentum in programmable networks, mobile network contract wins ...
Ericsson sees signs of stabilising market as it beats forecasts
Sweden's Ericsson on Tuesday said the telecom equipment market is showing signs of improvement after reporting core earnings and sales above expectations, helped by a rebound in demand for 5G gear in ...
Exclusive: Ericsson gets new 5G contract from India's Bharti Airtel - sources
Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel , according to two sources familiar with the matter.
Ericsson: Looking At The Upside For 2024-2026E After Excellent Returns
Ericsson's valuation has dropped to attractive levels, making it a "Buy" with a price target of 115 SEK or $9.50 per share. Despite recent volatility and restructuring charges, Ericsson's strong cash ...