Ericsson (ERIC)
| Market Cap | 20.61B |
| Revenue (ttm) | 25.81B |
| Net Income (ttm) | 2.52B |
| Shares Out | 3.52B |
| EPS (ttm) | 0.63 |
| PE Ratio | 9.29 |
| Forward PE | 8.67 |
| Dividend | $0.25 (4.25%) |
| Ex-Dividend Date | Sep 29, 2022 |
| Volume | 10,760,820 |
| Open | 5.94 |
| Previous Close | 5.85 |
| Day's Range | 5.78 - 6.01 |
| 52-Week Range | 5.78 - 12.78 |
| Beta | 0.17 |
| Analysts | Buy |
| Price Target | 9.22 (+57.6%) |
| Earnings Date | Jul 14, 2022 |
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 radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio... [Read more...]
Financial Performance
In 2021, Ericsson's revenue was 232.31 billion, a decrease of -0.03% compared to the previous year's 232.39 billion. Earnings were 22.69 billion, an increase of 29.81%.
Financial numbers in SEK Financial StatementsAnalyst Forecast
According to 30 analysts, the average rating for ERIC stock is "Buy." The 12-month stock price forecast is 9.22, which is an increase of 57.61% from the latest price.
News
Ericsson (ERIC) to Boost 5G Capabilities in American Samoa
Ericsson (ERIC) radio solutions will enable Bluesky to offer high-speed 5G capabilities in American Samoa to help bridge the digital divide.
Appalachian Wireless brings 5G to eastern Kentucky with Ericsson
Ericsson will upgrade Appalachian Wireless' 4G network by deploying a new cloud-native dual-mode 5G Core and Ericsson Radio System to support 4G and 5G standalone (SA) connectivity This new network will...
Hiya and Ericsson Partner to Deliver Network-Based Call Protection to Wireless Carriers Globally
SEATTLE--(BUSINESS WIRE)--Hiya today announced a new partnership with Ericsson (NASDAQ: ERIC) to provide network-based call protection to wireless carriers globally.
Bluesky selects Ericsson to modernize their network in American Samoa
Bluesky and Ericsson are partnering for the first time to modernize Bluesky's network and bring 5G to customers in American Samoa Ericsson will upgrade the existing core network, radios and other equipm...
Ericsson says no hardware exported to Russia, only software support
Ericsson said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, ...
Ericsson publishes restated segment financials
Ericsson has published restated segment financials for 2020 full year, 2021 by quarter and 2022 Q1 and Q2 following the changed reporting structure as of Q3 2022 Conference call with CFO Carl Mellander ...
Ericsson double-downgraded at Credit Suisse as Nokia lifted to outperform
Credit Suisse upped its rating on Nokia NOK, -0.40% NOKIA, to outperform from neutral, and lowered Ericsson ERIC, -3.32% ERIC.B, -2.63% to underperform from outperform, as Adithya Metuku assumed primary...
Ericsson and KORE to Simplify Global IoT Deployments and Offer Unrivaled IoT Coverage in U.S.
The new alliance will enable enterprises to: Leverage KORE's unparalleled coverage in the U.S. in combination with Ericsson's IoT Accelerator's global deployment capabilities Simplify global deployments...
Save the date for Ericsson's Capital Markets Day on 15 December 2022
STOCKHOLM , Sept. 14, 2022 /PRNewswire/ -- Ericsson will hold its 2022 Capital Markets Day in New York City on Thursday 15 December 2022.
Ericsson and National Science Foundation's AERPAW collaborate on 5G drone research to support smart agriculture
Demonstration shows video streamed from a drone on an Ericsson 5G radio and core network with available uplink speeds over 100 Megabits per second, and downlink speeds over 450 Megabits per second Advan...
Invitation to briefing on Vonage and Global Network Platform
Ericsson to host a briefing on recent Vonage acquisition and development of Global Network Platform Conference call including Q&A scheduled at 6:00 PM CEST, September 26 STOCKHOLM , Sept. 13, 2022 /PRNe...
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Ericsson (ERIC) to Build Ameren's Private Communication Network
Ericsson (ERIC) radio solutions will enable Ameren to consolidate disparate network solutions into a highly-efficient communications network using the 900 MHz spectrum band.
Ericsson powers up Ameren's private communications network
PLANO, Texas , Aug. 31, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced delivery of its industry-leading Radio Access Network (RAN) and its role to help power up Ameren's private communicat...
Nokia (NOK), Ericsson (ERIC) to Terminate Russia Operations
Nokia (NOK) and Ericsson (ERIC) decide to close their business operations in Russia.
Invitation to conference call on restated segment financials
STOCKHOLM , Aug. 29, 2022 /PRNewswire/ -- As previously announced Ericsson is as of Q3 2022 changing its reporting structure to reflect its new organization Restated segment financials for 2022 first an...
Ericsson to wind down business activities in Russia over coming months
STOCKHOLM/MOSCOW (Reuters) -Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations to ...
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Ericsson Imagine Live North America Tour to offer innovative mobile customer experience
Imagine Live North America Tour will take place over six months and visit 60+ customer sites across the United States and Canada The tour will cultivate an Innovative Mobile Customer Experience, allowin...
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Ericsson completes acquisition of Vonage
As of July 21, 2022, Vonage becomes wholly owned subsidiary of Ericsson With Vonage on board, Ericsson will create a market for easy to adopt global network Application Program Interfaces ("A...
Ericsson closes $6.2 billion Vonage deal after short delay
Ericsson on Thursday closed its $6.2 billion Vonage acquisition, nearly a month after it was delayed due to a pending investigation by a U.S. national security panel.
Ericsson: 5G's Full Potential Still Untapped
Extended reality (XR) and application programming interfaces (APIs) will be among the uses driving demand for 5G infrastructure and capacity for years to come, Ericsson executives said Thursday (July 14...