Ericsson (ERIC)
| Market Cap | 34.27B |
| Revenue (ttm) | 28.34B |
| Net Income (ttm) | 2.13B |
| Shares Out | 3.33B |
| EPS (ttm) | -0.72 |
| PE Ratio | n/a |
| Forward PE | 12.63 |
| Dividend | $0.20 (1.91%) |
| Ex-Dividend Date | Sep 30, 2021 |
| Volume | 8,601,564 |
| Open | 10.39 |
| Previous Close | 10.44 |
| Day's Range | 10.21 - 10.40 |
| 52-Week Range | 9.93 - 15.32 |
| Beta | 0.11 |
| Analysts | Buy |
| Price Target | 14.76 (+43.4%) |
| Earnings Date | n/a |
About ERIC
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers hardware, software, and related services for radio access and transport, as well as related services, such as design, tuning, network rollout, and customer support. The Digital Services segment provides products and services for o...
Analyst Forecast
According to 9 analysts, the average rating for Ericsson stock is "Buy." The 12-month stock price forecast is 14.76, which is an increase of 43.39% from the latest price.
News
Ericsson (ERIC) to Boost 5G Capabilities in Rural Kansas
Ericsson (ERIC) radio solutions will enable Nex-Tech to offer high-speed 5G capabilities in the rural communities of Kansas and help bridge the digital divide.
Ericsson helps Nex-Tech Wireless bridge the digital divide with 5G in rural Kansas
PLANO, Texas, Dec. 7, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced a partnership with Nex-Tech Wireless to commercially launch Nex-Tech Wireless's 5G capabilities in rural Kansas. Ericss...
Sweden's Ericsson sees 660 million 5G subscriptions by year end
Sweden's Ericsson on Tuesday raised its global forecast for 5G mobile subscriptions to 660 million by the end of this year, citing stronger than expected demand in China and North America.
Ericsson Mobility Report: Mobile data traffic increased almost 300-fold over 10 years
KISTA, Sweden, Nov. 30, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) global insights reveal an almost 300-fold increase in mobile data traffic since 2011 - the year in which Ericsson Mobility Report was...
Is Ericsson's $6.2 Billion Acquisition of Vonage a Smart Move?
Ericsson's share price fell following the news.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Vonage Holdings Corp.
NEW YORK, Nov. 22, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Vonage Holdings Corp. ("Vonage" or the ...
Ericsson Acquires Vonage in $6.2B Stock Deal
Information and communication technology platform Ericsson on Monday (Nov. 22) announced its plans to acquire cloud-based communications company Vonage for about $6.2 billion through a stock deal that p...
Vonage up 25% after it announced Ericsson is set to pay $6.2 billion to acquire it
Ericsson (NASDAQ: ERIC) has agreed to purchase Vonage Holdings (NASDAQ: VG) for roughly $6.2 billion, or $21 per share. Vonage's Board of Directors unanimously approved this merger agreement.
Will Ericsson's $6.2 Billion Buyout Start a Consolidation Chain Reaction?
The Swedish specialist in telecom networking equipment is buying its way into the cloud-based communications market.
Ericsson to acquire cloud communications company Vonage for $6.2B
Ericsson, an international networking company, decided it needed a dose of modernization and this morning announced its intent to acquire cloud communications company Vonage in a $6.2 billion deal. With...
Ericsson (ERIC) Inks Deal to Acquire Vonage for $6.2 Billion
Ericsson's (ERIC) leadership in 5G technology will boost the developing space for open network application programming interfaces.
Ericsson to buy cloud service company Vonage in $6.2B deal
Swedish telecom equipment maker Ericsson is buying U.S. cloud communications company Vonage in a $6.2 billion deal that will help it expand wireless services for business customers.
Legion Partners Comments on Sale of Vonage
LOS ANGELES--(BUSINESS WIRE)--Today, Legion Partners Asset Management, LLC (“Legion Partners”), a 2.2% beneficial, long-term stockholder of Vonage Holdings Corp. (NASDAQ: VG), issued the following state...
Ericsson To Acquire Vonage At 28% Premium
Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) agreed to acquire Vonage Holdings Corp (NASDAQ: VG) for $6.2 billion. The purchase price values Vonage at $21 per share, implying a 28% premium to Novembe...
Ericsson to buy cloud firm Vonage for $6.2B.
Mobile telecoms equipment maker Ericsson said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion.
Ericsson to buy cloud firm Vonage for $6.2 billion
Mobile telecoms equipment maker Ericsson said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion.
Ericsson to acquire Vonage for USD 6.2 billion to spearhead the creation of a global network and communication platfo...
STOCKHOLM, Nov. 22, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has entered into an agreement to acquire Vonage Holdings Corp. (NASDAQ: VG) for USD 21 per share. This represents a total acquisition pri...
3 5G Stocks to Buy and Hold
One of the most significant investment themes over the past few years has been 5G technology. The introduction of 5G has markedly increased global telecommunications.
Ericsson (ERIC) 5G Gears to Boost Qatar FIFA World Cup Experience
The partnership between Ericsson (ERIC) and the Qatar-based carrier is likely to add a new dimension to the global football extravaganza set to be held from November to December 2022.
Top Five Tech Stocks for 2022
Smart Money looks at the macro trends in the investing world. Here are five stocks focused on the big picture that you need to watch.
Ericsson Shares Fall Following Violation Of DOJ Agreement
U.S. prosecutors determined Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) violated a $1.06-billion settlement agreement reached in 2019 over bribery allegations in five countries. The U.S. Justice De...
Ericsson (ERIC) Extends Partnership With Telenet in Belgium
Ericsson's (ERIC) Operations Engine enables communications service providers to better manage their network to enhance customer experience and drive efficiency.
Update on Deferred Prosecution Agreement
STOCKHOLM, Oct. 21, 2021 /PRNewswire/ -- On December 6, 2019, Ericsson (NASDAQ: ERIC) entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ). Ericsson has...
Ericsson says U.S. DOJ advises it breached obligations under DPA
Swedish telecommunications equipment maker Ericsson said Friday it received correspondence from U.S. Department of Justice stating that the company breached its obligations under a Deferred Prosecution ...
Ericsson's (ERIC) Q3 Earnings Beat Estimates, Revenues Miss
Ericsson's (ERIC) third-quarter 2021 results reflect a sales decline in China in the Networks and Digital Services segments.