Telefonaktiebolaget LM Ericsson (publ) (ERIC)
Market Cap | 18.27B |
Revenue (ttm) | 26.13B |
Net Income (ttm) | -2.62B |
Shares Out | 3.31B |
EPS (ttm) | -0.75 |
PE Ratio | n/a |
Forward PE | 11.51 |
Dividend | $0.25 (4.53%) |
Ex-Dividend Date | Apr 4, 2024 |
Volume | 4,236,497 |
Open | 5.45 |
Previous Close | 5.51 |
Day's Range | 5.45 - 5.55 |
52-Week Range | 4.33 - 6.36 |
Beta | 0.37 |
Analysts | Buy |
Price Target | 7.00 (+26.13%) |
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 26.13% from the latest price.
News
Independent Monitor certifies Ericsson's Compliance Program
STOCKHOLM , March 28, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that on March 28, 2024, the independent compliance Monitor appointed by the U.S. Department of Justice (DOJ) (in June...
Advanced Gen AI Capabilities to Boost Vonage Conversational Commerce Offering
LONDON--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has announced the launch of g...
Vonage Protection Suite Wins a Best of Enterprise Connect Award
Recognized in Best Innovation for Systems Management category HOLMDEL, N.J. , March 26, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digit...
Vonage to Launch Enhanced Noise Cancellation
LONDON--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has announced the addition of...
Ericsson will cut 1,200 jobs in Sweden
Ericsson announced on Monday that it will lay off around 1,200 employees in Sweden as the telecom company faces slowed demand for its 5G equipment.
Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes
The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.
Ericsson to lay off 1,200 employees in Sweden amid mobile markets' slump
Ericsson on Monday said it expects to cut around 1,200 staff in Sweden, in a bid to lower its costs ahead of a predicted slowdown in the mobile networks market this year.
Ericsson to lay off 1,200 people in Sweden amid challenging market
Sweden's Ericsson on Monday said it would lay off about 1,200 employees in Sweden as a part of costs cuts announced earlier this year, citing a challenging mobile networks market and lower volumes in ...
Ericsson appoints Andres Vicente Head of Market Area South East Asia, Oceania & India
Effective as of May 1, 2024 Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM , March 20, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment of Andr...
Ericsson deepens U.S. engagement by establishing Ericsson Federal Technologies Group
New entity named Ericsson Federal Technologies Group (EFTG) dedicated to accelerating digital modernization across multiple U.S. Government, state and federal agencies Ericsson meets U.S. G...
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 ...