Telefonaktiebolaget LM Ericsson (publ) (ERIC)
Market Cap | 17.92B |
Revenue (ttm) | 26.13B |
Net Income (ttm) | -2.62B |
Shares Out | 3.33B |
EPS (ttm) | -0.76 |
PE Ratio | n/a |
Forward PE | 11.74 |
Dividend | $0.25 (4.72%) |
Ex-Dividend Date | Apr 4, 2024 |
Volume | 30,940,428 |
Open | 5.53 |
Previous Close | 5.74 |
Day's Range | 5.32 - 5.54 |
52-Week Range | 4.33 - 6.36 |
Beta | 0.37 |
Analysts | Buy |
Price Target | 7.00 (+31.33%) |
Earnings Date | Apr 16, 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 2 analysts, the average rating for ERIC stock is "Buy." The 12-month stock price forecast is $7.0, which is an increase of 31.33% from the latest price.
News
Vonage Named Platinum Winner for Best CCaaS Solution at Telco Innovation Awards 2024
Vonage Contact Center recognized by Juniper Research for standout features including powerful CRM integrations and its ability to augment AI capabilities HOLMDEL, N.J. , March 13, 2024 /PRNewswire/ --...
Ericsson Annual Report on Form 20-F filed with the SEC
STOCKHOLM , March 12, 2024 /PRNewswire/ -- On March 12, 2024, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Co...
CRN® Names Vonage's Jim Regan to 2024 Channel Chiefs List
HOLMDEL, N.J. , March 6, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), today ...
Ericsson Annual Report 2023 published
The Annual Report 2023 available for download and printed version available for order The Annual Report 2023 publication consists of Ericsson's Financial report 2023, the Corporate Governance report 2...
Ericsson announces Appointment of Becky Rohr as Chief Compliance Officer, bringing together Investigations and Compliance
Becky Rohr, currently Head of Corporate & Government Investigations, will become the new Chief Compliance Officer Jan Sprafke will leave Ericsson to pursue other opportunities STOCKHOLM , March 5, 202...
Vonage and Telkomsel Collaborate to Drive Ecosystem Digital Innovation by Making Network APIs Available to Developers and Enterprises in Indonesia
Vonage will collaborate with Telkomsel to expand the power of network APIs for developers, enterprises, and Communications Service Providers (CSPs). This collaboration is formalized with the signing o...
Vonage Wins Best Virtual Agent Platform at CX Awards 2024
HOLMDEL, N.J. , March 4, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has bee...
Ericsson and CTIA Certification recognizes GE Vernova's MDS Orbit as industry's first device IoT Network Certified for Smart Connected Infrastructure™
Ericsson and CTIA Certification announced the certification of GE Vernova's MDS™ Orbit cellular devices, enhancing security and reliability in critical infrastructure The MDS Orbit's successful certif...
Notice of Ericsson's Annual General Meeting 2024
STOCKHOLM , Feb. 28, 2024 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Wednesday, April 3, 2024 at 1 pm. The Nomination ...
Ericsson CEO: Network operators need cross-European consolidation
Borje Ekholm, CEO of Ericsson, speaks to CNBC's Karen Tso at Mobile World Congress in Barcelona, Spain.
AirHop Joins Ericsson Intelligent Automation Platform Ecosystem
SAN DIEGO--(BUSINESS WIRE)-- #5G--AirHop Communications, a provider of AI-powered automation and optimization solutions for 4G and 5G Radio Access Networks (RAN), today announced they have joined the ...
KDDI Web Communications Launches Vonage Communications APIs to Strengthen Customer Engagement in Japan
HOLMDEL, N.J. , Feb. 21, 2024 /PRNewswire/ -- KDDI Web Communications Inc. has announced its partnership with Vonage , a global leader in cloud communications helping businesses accelerate their digit...
Vonage and AT&T Collaborate to Drive Ecosystem for Innovation by providing New Network APIs to Developers
AT&T to make Vonage communications and network APIs available to help developers drive scalability and business case development together with enhanced security HOLMDEL, N.J. , Feb. 20, 2024 /PRNewswi...
Cradlepoint named Challenger and Outperformer in GigaOm Radar Report for SASE
Cradlepoint's SASE solution recognized for its comprehensive 5G-optimized security capabilities Cradlepoint's SASE solution recognized for its comprehensive 5G-optimized security capabilities
Ericsson to utilize mandate to transfer shares
STOCKHOLM , Feb. 16, 2024 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) annual general meeting on March 29, 2023 authorized the company's board of directors to resolve on the transfer of the company's own ...
Cradlepoint Embedded IoT Cellular Solution Connects AI-Driven Sustainability Intelligent Waste System from SmartSort Technologies
Collaboration at Mobile World Congress demonstrates how cellular-connected AI can support environmental sustainability and highlights the success of Cradlepoint's new embedded initiative Collaboration...
Cradlepoint Launches X10 5G Router, Ideal for Service Providers Seeking to Expand Fixed Wireless Access Market Reach
Secure enterprise-grade 5G router enables service providers to deliver enhanced quality of service plans for SMB, temporary sites, and remote workers Secure enterprise-grade 5G router enables service ...
Vonage Announces New Network API Availability and a First-to-Market Developer Registration Service to Simplify Network API Access and Adoption
HOLMDEL, N.J. , Feb. 15, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), announce...
Bluesky kicks-off 25th Anniversary Year by lighting up Ericsson-powered 5G network in American Samoa
PLANO, Texas , Feb. 13, 2024 /PRNewswire/ -- Bluesky, a telecommunications and network service provider in the United States Territory of American Samoa, and Ericsson (NASDAQ: ERIC) announced the laun...
MSB strengthens Sweden's national critical network with 5G from Ericsson
Ericsson 5G technology crucial part of Sweden's next-generation mission-critical network infrastructure, Rakel G2 New 5G core network will ensure fast and secure sharing of voice, data, images,...
Southern Cross Credit Union Boosts Customer Engagement with Vonage Fusion
Vonage Fusion, a unified communications and contact center solution, integrated with Salesforce Service Cloud, enhances both customer engagement and agent experience HOLMDEL, N.J. , Feb. 7, 2024 /PRNe...
New Cradlepoint AI Functionality Advances 5G for Business
AI-driven Cellular Intelligence enhances the manageability and performance of 5G networks AI-driven Cellular Intelligence enhances the manageability and performance of 5G networks
Ericsson appoints Chafic Nassif Head of Market Area North East Asia
Effective as of February 26, 2024 Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM , Jan. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment ...
Ericsson signs funding agreements with the European Investment Bank
Ericsson has signed two 7-year funding agreements with the European Investment Bank (EIB) for a total of EUR 420 million The loans will finance parts of Ericsson's R&D investments in wireless technolo...
Vonage Research Reveals 80% of APAC Customers Are Likely to Take Their Business Elsewhere Following Poor Experiences
SINGAPORE--(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 Global Cu...