Telefonaktiebolaget LM Ericsson (publ) (ERIC)
| Market Cap | 20.39B |
| Revenue (ttm) | 26.13B |
| Net Income (ttm) | -2.62B |
| Shares Out | 3.29B |
| EPS (ttm) | -0.75 |
| PE Ratio | n/a |
| Forward PE | 9.70 |
| Dividend | $0.25 (4.03%) |
| Ex-Dividend Date | Apr 4, 2024 |
| Volume | 9,634,385 |
| Open | 6.18 |
| Previous Close | 6.26 |
| Day's Range | 6.17 - 6.22 |
| 52-Week Range | 4.33 - 6.36 |
| Beta | 0.38 |
| Analysts | Hold |
| Price Target | 5.58 (-10.0%) |
| Earnings Date | Jul 12, 2024 |
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 $5.58.
News
Ericsson appoints Patrick Johansson Head of Market Area Middle East & Africa
Effective as of August, 1, 2024 Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM , July 2, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment of Pa...
Vonage Positioned as a Leader in the 2024 GartnerⓇ Magic Quadrant™ for Communications Platform as a Service for the Second Year in a Row
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 again been recogniz...
3 Dividend-Yielding Large-Cap Stocks Under $10: Nokia, Ericsson, Sirius XM
For investors seeking value, stability, and income, dividend-yielding large-cap stocks under $10 can be an attractive option. These stocks not only offer substantial market caps but also provide solid...
Vonage Positioned as a Leader in the 2024 GartnerⓇ Magic Quadrant™ for Communications Platform as a Service for the Second Year in a Row
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 again been recogniz...
Vonage Positioned as a Leader in the 2024 Gartner® Magic Quadrant™ for Communications Platform as a Service for the Second Year in a Row
HOLMDEL, N.J. , June 27, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has agai...
Invitation to media and analyst briefing for Ericsson Q2 2024 report
Report to be released at approximately 7:00 AM CEST on July 12, 2024 One live video webcast for analysts, investors, and journalists at 10:00 AM CEST STOCKHOLM , June 27, 2024 /PRNewswire/ -- Ericsson...
Ericsson Mobility Report: 5G driving change in service providers' FWA strategies
5G enabling growing numbers of FWA service providers to offer speed-based tariff plans 5G subscriptions forecast close to 5.6 billion by the end of 2029 Mobile data traffic expected to grow by 20 perc...
Vonage and Telstra Partner to help Accelerate Digital Transformation with Network APIs
By combining Telstra's network APIs with Vonage's API platform and Ericsson's 5G network capabilities, enterprises can build advanced applications that provide optimized, engaging customer experiences...
Endress+Hauser Chooses Vonage to Enhance Customer and Agent Experience, Increase Productivity
Vonage Contact Center for Salesforce Service Cloud Voice Enables Automation and Intelligent Call Routing Capabilities for Personalised Customer Experience HOLMDEL, N.J. , June 6, 2024 /PRNewswire/ -- ...
Ericsson ConsumerLab: 10 Hot Consumer Trends 2030s - the AI-Powered Future
Ericsson polled more than 6,500 early adopters in 13 cities about possible AI scenarios in the 2030s Early adopters believe that four out of five consumers in the 2030s will use AI to make major life-...
Ericsson says U.S. anti-corruption compliance monitoring has ended
Sweden's Ericsson said on Monday that a four-year programme to monitor the company's compliance with a U.S. anti-corruption agreement had ended on June 2.
Ericsson announces conclusion of Monitorship
Ericsson's Monitorship and Plea Agreement concluded on June 2 Follows upon certification of Ericsson's anti-corruption compliance program by independent Monitor in March 2024 Continuing to cooperate f...
New number of shares and votes in Telefonaktiebolaget LM Ericsson
STOCKHOLM , May 31, 2024 /PRNewswire/ -- The total number of shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as of May 31, 2024, amounts to 3,348,251,735, of which 261,755,983 are A shares an...
Ericsson's Nomination Committee appointed
STOCKHOLM , May 30, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the Instruction for the Nomination Com...
T-Mobile Bolsters Connected Workplace with Addition of Cradlepoint
Expanded FWA offering combines Cradlepoint 5G networking solutions and T-Mobile 5G Business Internet to offer more choice to more customers Expanded FWA offering combines Cradlepoint 5G networking sol...
Dell Technologies and Ericsson Form Strategic Partnership to Accelerate Telecom Network Cloud Transformation
News summary Dell and Ericsson join forces to develop tailored network cloud infrastructure plans and advise communications service providers on their cloud transformation journeys Dell and Ericsson ...
Vonage Expands Salesforce Service Cloud Voice Offering with Einstein Integration
One of the first contact center providers to offer full integration with AI-powered Einstein Conversation Insights to drive customer engagement HOLMDEL, N.J. , May 14, 2024 /PRNewswire/ -- Vonage , a...
Ericsson announces change to the Executive Team
STOCKHOLM , May 10, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that Fadi Pharaon, Senior Vice President and Head of Market Area Middle East & Africa, has decided to leave Ericsson to...
Ericsson to utilize mandate to transfer shares
STOCKHOLM , May 3, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) annual general meeting on April 3, 2024 authorized the company to, in conjunction with the delivery of vested shares under the long-te...
Ericsson resolves on an acquisition offer for C shares for LTV I 2023
STOCKHOLM , May 2, 2024 /PRNewswire/ -- In accordance with the resolution by the Annual General Meeting 2024, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long...
Cradlepoint 5G-Optimized NetCloud SASE Secures Agile Enterprises
Zero-trust networks deployable, at scale, in as little as 6 minutes, addresses current industry void for simplified networking and security in dynamic environments Zero-trust networks deployable, at s...
Singtel Partners with Vonage to Accelerate Global Enterprise and Telco Innovation and Digital Transformation
SINGAPORE--(BUSINESS WIRE)--Singtel today announced it is partnering with Vonage, a global leader in cloud communications and a part of Ericsson (NASDAQ: ERIC), to help enterprises and telcos innovate...
Ericsson Lays Off More Than 200 Employees in China
Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally.
Nex-Tech Wireless partners with Ericsson to Keep Kansans Connected with innovative technologies
PLANO, Texas , April 17, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Nex-Tech Wireless today announce a transformative 5-year network modernization initiative. This groundbreaking initiative unde...
Ericsson Boosts Gross Margin, Sees Sales Stabilizing Later This Year
American depositary receipts (ADRs) of Ericsson (ERIC) rose Tuesday after the Swedish telecom company posted a much better-than-expected operating profit and predicted sales would be better in the sec...