Telefonaktiebolaget LM Ericsson (publ) (ERIC)

NASDAQ: ERIC · IEX Real-Time Price · USD
5.33
-0.41 (-7.14%)
At close: Mar 18, 2024, 4:00 PM
5.41
+0.08 (1.50%)
After-hours: Mar 18, 2024, 7:43 PM EDT
-7.14%
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]

Sector Technology
Founded 1876
Employees 99,952
Stock Exchange NASDAQ
Ticker Symbol ERIC
Full Company Profile

Financial Performance

Financial numbers in SEK Financial Statements

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.

Price Target
$7.0
(31.33% upside)
Analyst Consensus: Buy
Stock Forecasts

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/ --...

5 days ago - 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...

6 days ago - PRNewsWire

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 ...

12 days ago - PRNewsWire

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...

12 days ago - PRNewsWire

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...

13 days ago - PRNewsWire

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...

13 days ago - PRNewsWire

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...

14 days ago - PRNewsWire

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...

19 days ago - PRNewsWire

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 ...

19 days ago - PRNewsWire

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.

20 days ago - CNBC International TV

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 ...

24 days ago - Business Wire

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...

26 days ago - PRNewsWire

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...

Other symbols: T
27 days ago - PRNewsWire

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

27 days ago - GlobeNewsWire

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 ...

4 weeks ago - PRNewsWire

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...

4 weeks ago - GlobeNewsWire

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 ...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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,...

4 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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

6 weeks ago - GlobeNewsWire

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 ...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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...

7 weeks ago - Business Wire