Home » Stocks » ERIC

Ericsson (ERIC)

Stock Price: $11.65 USD -0.01 (-0.09%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
After-hours: $11.71 +0.06 (0.52%) Jul 23, 7:58 PM
Market Cap 38.85B
Revenue (ttm) 28.34B
Net Income (ttm) 2.13B
Shares Out 3.33B
EPS (ttm) -0.72
PE Ratio n/a
Forward PE 17.73
Dividend $0.20
Dividend Yield 1.72%
Trading Day July 23
Last Price $11.65
Previous Close $11.66
Change ($) -0.01
Change (%) -0.09%
Day's Open 11.72
Day's Range 11.62 - 11.73
Day's Volume 5,408,423
52-Week Range 10.13 - 15.18

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

The Swedish telecom company's revenue plunged in China during the second quarter.

4 days ago - The Motley Fool

STOCKHOLM, July 19, 2021 /PRNewswire/ -- Following a review of bids in the CP for 700MHz radio round of China's 5G network development, Ericsson has been awarded 2% market share. In line with earlier ma...

4 days ago - PRNewsWire

The telecommunications equipment provider reports disappointing second-quarter results.

1 week ago - The Motley Fool

Ericsson's (ERIC) second-quarter 2021 results reflect a sales decline in mainland China in the Networks and Digital Services segments.

1 week ago - Zacks Investment Research

Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.

Other stocks mentioned: NOK, TEF
1 week ago - Reuters

Ericsson CEO: An open market between the East and West is beneficial to everyone

YouTube video

Börje Ekholm, CEO of Ericsson, discusses the Swedish networking and telecommunication company's second-quater results.

1 week ago - CNBC International TV

Shares of Telefonaktiebolaget L M Ericsson(NASDAQ:ERIC) fell 8.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 75.00% year over year to $0.14...

1 week ago - Benzinga

Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) inked a multi-year agreement worth $8.3 billion with Verizon Communications Inc (NYSE: VZ) to provide its 5G solutions to accelerate Verizon's deployment o...

Other stocks mentioned: VZ, VZA
1 week ago - Benzinga

STOCKHOLM, July 16, 2021 /PRNewswire/ -- Second quarter highlights Group organic sales grew by 8% YoY, despite a sales decline in Mainland China of SEK -2.5 b. YoY and an IPR revenue decline of SEK -0.5 b.

1 week ago - PRNewsWire

STOCKHOLM (Reuters) -Sweden's Ericsson on Friday reported second-quarter core earnings below market estimates, as strong sales of 5G equipment in most markets was offset by a decline in sales in mainlan...

1 week ago - Reuters

Swedish telecoms gear maker Ericsson said on Friday it struck an $8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States.

Other stocks mentioned: VZ, VZA
1 week ago - Reuters

KISTA, Sweden, July 16, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces a landmark multi-year agreement with Verizon to provide its industry-leading 5G solutions to accelerate the deploymen...

1 week ago - PRNewsWire

Ericsson (ERIC) partners with Telia (TLSNY) and Qualcomm (QCOM) to test a landmark 5G feature exhibiting lower signaling requirement during transition between a device's connected and inactive state.

1 week ago - Zacks Investment Research

Our Tuesday look at stocks reporting June quarter earnings included a big bank, the world's largest semiconductor maker, a health care giant, and a top regional bank: Morgan Stanley, TSMC, UnitedHealth,...

Other stocks mentioned: AA, KSU
1 week ago - 24/7 Wall Street

Ericsson's (ERIC) performance in the second quarter of 2021 is likely to have benefited from strong 5G momentum globally.

1 week ago - Zacks Investment Research

Ericsson (ERIC) solutions will enable Vodafone Spain to unlock the full potential of 5G as the latter embarks on a journey to provide 5G SA connectivity services throughout the country.

Other stocks mentioned: VOD
1 week ago - Zacks Investment Research

PLANO, Texas, July 8, 2021 /PRNewswire/ -- As we enter a new age for electronics powered by 5G and eventually 6G, MIT and Ericsson (NASDAQ: ERIC) are collaborating on two research projects that seek to ...

2 weeks ago - PRNewsWire

In the latest trading session, Ericsson (ERIC) closed at $13.04, marking a +0.77% move from the previous day.

2 weeks ago - Zacks Investment Research

- Report to be released at approximately 7:00 AM CEST on July 16, 2021 - One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, July 6, 2021 /PRNewswire/ -- Ericsson's...

2 weeks ago - PRNewsWire

Ericsson (ERIC) and Google Cloud are set to help firms in the automotive, manufacturing and other industries increase efficiency by bringing connectivity close to their locations.

Other stocks mentioned: GOOG, GOOGL
3 weeks ago - Zacks Investment Research

Malaysia on Thursday said it has appointed Swedish telecommunications giant Ericsson as its partner to develop its 5G network and ecosystem.

3 weeks ago - Reuters

Alphabet Inc's Google Cloud, and Telefonaktiebolaget LM Ericsson collaborated to develop 5G and edge cloud solutions.

Other stocks mentioned: GOOG, GOOGL
3 weeks ago - Benzinga

The 5G SA call across 113 km was achieved using Ericsson's (ERIC) commercial 5G SA network software on Telstra's 850 MHz spectrum.

Other stocks mentioned: TLSYY
3 weeks ago - Zacks Investment Research

3 Wireless Stocks Likely to Beat Chip Shortage-Led Industry Woes

Other stocks mentioned: AVNW, JNPR, MSI, NOK, QCOM
4 weeks ago - Zacks Investment Research

Ericsson (ERIC) unveils major enhancements to its 5G Cloud RAN portfolio, which involves providing support for mid-band and Massive MIMO deployments.

1 month ago - Zacks Investment Research

In the latest trading session, Ericsson (ERIC) closed at $12.69, marking a +1.04% move from the previous day.

1 month ago - Zacks Investment Research

Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) bagged 5G core equipment supply contracts from Vodafone Group PLC (NASDAQ: VOD) for its U.K. standalone network and 5G core network in Germany. The contrac...

1 month ago - Benzinga

Ericsson said on Thursday it had won contracts from Vodafone to supply 5G core equipment for its standalone network in the UK and 5G core network in Germany.

Other stocks mentioned: VOD
1 month ago - Reuters

Sweden's Ericsson said on Wednesday the number of 5G subscriptions were expected to rise to 580 million by the end of 2021 from 220 million last year, and cross 3.5 billion by 2026.

1 month ago - Reuters

KISTA, Sweden, June 16, 2021 /PRNewswire/ -- 5G remains on track to become the fastest adopted mobile generation in history with subscriptions increasing at a rate of about a million per day China, Nort...

1 month ago - PRNewsWire

KISTA, Sweden, June 15, 2021 /PRNewswire/ -- Economist Intelligence Unit (EIU) report - Connecting Learners: Narrowing the Educational Divide - highlights four key areas for multi-sector collaboration E...

1 month ago - PRNewsWire

In the latest trading session, Ericsson (ERIC) closed at $13.10, marking a -0.61% move from the previous day.

1 month ago - Zacks Investment Research

Ericsson (ERIC) closed the most recent trading day at $13.10, moving -0.46% from the previous trading session.

1 month ago - Zacks Investment Research

Ericsson (ERIC) partners with Orange's (ORAN) subsidiary, Orange Business Services, to manage the security of enterprises with the Threat Monitoring and Mitigation solution, an IoT security offering.

1 month ago - Zacks Investment Research

Ericsson's (ERIC) new offering can be scaled according to needs for more coverage and devices at a facility.

1 month ago - Zacks Investment Research

KISTA, Sweden, June 1, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has launched Ericsson Private 5G. It offers secure and simple 4G LTE and 5G Standalone (SA) connectivity primarily targeting - but not...

1 month ago - PRNewsWire

Their combined expertise will help Ericsson (ERIC) and Leonardo to grow in the mission-critical sector and deliver innovative products and services.

1 month ago - Zacks Investment Research

Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) estimates a 5G market share hit in China due to Sweden's exclusion of Chinese vendors from Sweden's 5G network launches, based on Ericsson's bond issue pr...

2 months ago - Benzinga

STOCKHOLM, May 24, 2021 /PRNewswire/ -- As previously disclosed by Ericsson (NASDAQ: ERIC) in its Q4 2020 financial report and in its 2020 annual report, there is a risk that the decision by the Post an...

2 months ago - PRNewsWire

Ericsson (ERIC) conducted the trial at the AstaZero test track in Sweden by deploying a 5G mobile radio network in two Volvo cars that enabled them to receive an HD map of the route ahead.

2 months ago - Zacks Investment Research

Three Ireland is likely to take advantage of Ericsson's (ERIC) ConsumerLab research and analytical data.

2 months ago - Zacks Investment Research

Up almost 2x from its low in March 2020, at the current price of around $13 per share, we believe Ericsson stock has further upside potential. The stock has risen from $7 to $13 off its March 2020 botto...

2 months ago - Forbes

Ericsson (ERIC) will pay settlement charges of 80 million euros as it aims to follow a zero-tolerance policy for corruption and build a culture of compliance.

Other stocks mentioned: NOK
2 months ago - Zacks Investment Research

Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) has reached a settlement agreement with Nokia Oyj (NYSE: NOK) on a 2019 U.S. DOJ and SEC investigation into Ericsson's violations of the U.S. Foreign Corr...

Other stocks mentioned: NOK
2 months ago - Benzinga

STOCKHOLM, May 12, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has reached an agreement with Nokia for settling a damages claim against Ericsson. The settlement relates to events that were the subject ...

2 months ago - PRNewsWire

Ericsson (ERIC) closed the most recent trading day at $13.90, moving +1.53% from the previous trading session.

2 months ago - Zacks Investment Research

Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) and Samsung Electronics Co Ltd (OTC: SSNLF) inked a multi-year agreement on global patent licenses, including patents relating to cellular technologies. T...

2 months ago - Benzinga

STOCKHOLM, May 7, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cell...

2 months ago - PRNewsWire

SAN DIEGO--(BUSINESS WIRE)---- $ERIC #5G--UScellular, Qualcomm, Ericsson, and Inseego Address Digital Divide with Multi-Gigabit Extended-Range 5G Milestone Over mmWave

2 months ago - Business Wire

KISTA, Sweden, May 4, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) targets a USD 90 billion small and medium business (SMB) market in the US with a 5G-ready virtual workspace service designed to address...

2 months ago - PRNewsWire

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... [Read more...]

Industry
Communication Equipment
Founded
1876
CEO
E. Borje Ekholm
Employees
101,624
Stock Exchange
NASDAQ
Ticker Symbol
ERIC
Full Company Profile

Financial Performance

In 2020, Ericsson's revenue was 232.39 billion, an increase of 2.28% compared to the previous year's 227.22 billion. Earnings were 17.48 billion, an increase of 686.46%.

Financial numbers in millions SEK.
Financial Statements

Analyst Forecasts

According to 9 analysts, the average rating for Ericsson stock is "Buy." The 12-month stock price forecast is 17.29, which is an increase of 48.41% from the latest price.

Price Target
$17.29
(48.41% upside)
Analyst Consensus: Buy