Telefonaktiebolaget LM Ericsson (publ) (ERIC)

ERIC Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for ERIC stock has a target of 6.70, which predicts a decrease of -13.88% from the current stock price of 7.78.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$6.70	$6.70	$6.70	$6.70
Change	-13.88%	-13.88%	-13.88%	-13.88%

* Price targets were last updated on Oct 21, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for ERIC is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sandeep Deshpande JP Morgan	JP Morgan	Hold Maintains $5.9 → $6.7	Hold	Maintains	$5.9 → $6.7	-13.88%	Oct 21, 2024
Sandeep Deshpande JP Morgan	JP Morgan	Hold Maintains $5.58 → $5.9	Hold	Maintains	$5.58 → $5.9	-24.16%	Jul 15, 2024
Sandeep Deshpande JP Morgan	JP Morgan	Hold Maintains $5.81 → $5.58	Hold	Maintains	$5.81 → $5.58	-28.28%	Apr 17, 2024
Sandeep Deshpande JP Morgan	JP Morgan	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Nov 30, 2023
Sandeep Deshpande JP Morgan	JP Morgan	Buy Maintains $8.3 → $7.78	Buy	Maintains	$8.3 → $7.78	n/a	Oct 18, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

258.40B

Increased by 4.24%

from 247.88B

Revenue Next Year

263.95B

Increased by 2.15%

from 258.40B

EPS This Year

6.59

Increased by 109,615.75%

from 0.01

EPS Next Year

6.73

Increased by 2.18%

from 6.59

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	232.39B	232.31B	271.55B	263.35B	247.88B	258.40B	263.95B	269.95B
Revenue Growth	2.28%	-0.03%	16.89%	-3.02%	-5.88%	4.24%	2.15%	2.27%
EPS	5.26	6.81	5.62	-7.94	0.01	6.59	6.73	7.44
EPS Growth	685.07%	29.47%	-17.47%	-	-	109,615.75%	2.18%	10.57%
Forward PE	-	-	-	-	-	11.83	11.58	10.47
No. Analysts	-	-	-	-	-	23	22	13

Financial currency is SEK. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	278.9B	289.5B	302.6B
Avg	258.4B	263.9B	269.9B
Low	240.9B	245.9B	249.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	12.5%	12.0%	14.6%
Avg	4.2%	2.1%	2.3%
Low	-2.8%	-4.9%	-5.4%

EPS Forecast

EPS	2025	2026	2027
High	8.02	9.00	11.76
Avg	6.59	6.73	7.44
Low	5.32	4.91	5.21

EPS Growth

EPS Growth	2025	2026	2027
High	133,555.4%	36.6%	74.8%
Avg	109,615.8%	2.2%	10.6%
Low	88,544.1%	-25.4%	-22.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.