Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for service providers. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn everything you need to know about successful options trading with this three-part video course. This change lagged the S&P 500's 0.3% gain on the day. featured in The Global Fintech Index 2020 as the top Fintech company of the country. ET on Zacks.com Ericsson (ERIC) Inks Five-Year 5G Deal With Ooredoo Group The average price target is $13.50 with a high forecast of $13.50 and a low forecast of $13.50. … Ericsson tops forecast on margin gains and 5G in China. Telefonaktiebolaget LM Ericsson (publ) has a PEG Ratio of 0.55. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Looking for new stock ideas? Given the current short-term trend, the stock is expected to rise 3.44% during the next 3 months and, with a 90% probability hold a price between $11.96 and $13.27 at the end of this 3-month period. There are currently 2 hold ratings and 14 buy ratings for the stock. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. The official website for Telefonaktiebolaget LM Ericsson (publ) is www.ericsson.com. If the lower trend floor at $11.56 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Delta Air Lines or Southwest Airlines: Which Is a Better Buy As Vaccines Roll Out? Their predictions range from $8.00 to $10.00. Terms of Use and Privacy Policy. XL Fleet (NYSE:XL) Stock: The Next Big EV Company? Telefonaktiebolaget LM Ericsson (publ) has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Reuters - 1 month ago Sweden's Ericsson sees 220 million 5G subscriptions by year end MarketBeat's community ratings are surveys of what our community members think about Telefonaktiebolaget LM Ericsson (publ) and other stocks. The communications equipment provider earns $235.19 million in net income (profit) each year or $0.11 on an earnings per share basis. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Telefonaktiebolaget LM Ericsson (publ) had a return on equity of 20.57% and a net margin of 6.35%. Receive a free world-class investing education from MarketBeat. The P/E ratio of Telefonaktiebolaget LM Ericsson (publ) is 24.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.49. Sign-up to receive the latest news and ratings for ERIC and its competitors with MarketBeat's FREE daily newsletter. ERIC Stock Trend The stock has broken the wide and strong rising short-term trend down. 3 Reasons to Be Long-Term Bullish on Ericsson Stock The company is positioned nicely for the 5G megatrend By Tom Taulli , InvestorPlace Writer & … & Common Functions, Group CTO, Sr. VP & Head of Group Function Technology. View Telefonaktiebolaget LM Ericsson (publ)'s Short Interest. The average Ericsson Lm Telephone stock price prediction forecasts a potential upside of 16.32% from the current ERIC share price of $11.95. Based on earnings estimates, Telefonaktiebolaget LM Ericsson (publ) will have a dividend payout ratio of 13.16% next year. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Telefonaktiebolaget LM Ericsson (publ) has received 573 “outperform” votes. 16 Wall Street analysts have issued ratings and price targets for Telefonaktiebolaget LM Ericsson (publ) in the last 12 months. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Get daily stock ideas top-performing Wall Street analysts. This suggests a possible upside of 6.9% from the stock's current price. Ericsson raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faster uptake in China. Ericsson's Nov. 10 Capital Markets Day focused on the large opportunity in 5G networks, margin profile improvements, and longer-term outlook. 16 analysts have issued 1 year target prices for Telefonaktiebolaget LM Ericsson (publ)'s stock. Their average twelve-month price target is $12.50, predicting that the stock has a possible upside of 5.40%. The communications equipment provider earned $6.48 billion during the quarter, compared to analyst estimates of $6.52 billion. Some see Ericsson stock as a smart 5G play, but it appears too risky for smaller investors.More From InvestorPlace 2 Toxic Pot Stocks You Should Avoid 10 … According to analysts' consensus price target of $12.50, Telefonaktiebolaget LM Ericsson (publ) has a forecasted upside of 6.9% from its current price of $11.69. View which stocks are hot on social media with MarketBeat's trending stocks report. The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. Telefonaktiebolaget LM Ericsson (publ)'s stock was trading at $7.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ERIC stock has increased by 64.2% and is now trading at $11.69. Based on aggregate information from My MarketBeat watchlists, some companies that other Telefonaktiebolaget LM Ericsson (publ) investors own include Nokia (NOK), NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), AT&T (T), Alibaba Group (BABA) and Tesla (TSLA). Ericsson sees more room for growth ahead, with the company targeting 12-14% margins in 2022 against an adjusted 9.7% in 2019. Commercialization is now moving at a rapid pace and by 2026, Ericsson forecasts that 80 percent of North American mobile subscriptions will be 5G, the highest level of any region in the world. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to operators. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Real-time data provided for free by IEX. As of December 31st, there was short interest totaling 6,870,000 shares, an increase of 22.0% from the December 15th total of 5,630,000 shares. This is why we are offering FREE 14 days TRIAL SUBSCRIPTIONS with no further commitments. Wall Street analysts have given Telefonaktiebolaget LM Ericsson (publ) a "Buy" rating, but there may be better short-term opportunities in the market. See Ericsson (ERIC) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. www.ericsson.com . This segment offers radio access solutions; IP routing and transport solutions; microwave and optical transmission solutions for mobile and fixed networks; IP mul... Read more. Telefonaktiebolaget LM Ericsson (ERIC B:STO) forecasts: consensus recommendations, research reports, share price forecasts, dividends, and earning history and estimates. PEG Ratios below 1 indicate that a company could be undervalued. The Ericsson stock forecast article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.. Summary. View analyst ratings for Telefonaktiebolaget LM Ericsson (publ) or view MarketBeat's top 5 stock picks. Vote “Outperform” if you believe ERIC will outperform the S&P 500 over the long term. liable for your own investment decisions and agree to The price target was set to $12.00 → $13.50. One share of ERIC stock can currently be purchased for approximately $11.69. Telefonaktiebolaget LM Ericsson (publ) does not have a long track record of dividend growth. The Ericsson stock price fell by -0.41% on the last day (Wednesday, 6th Jan 2021) from $12.20 to $12.15. © American Consumer News, LLC dba MarketBeat® 2010-2021. The P/E ratio of Telefonaktiebolaget LM Ericsson (publ) is 24.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 93.70. I’m again reiterating this 5G networking-centric stock … All rights reserved. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day! Learn more. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. Users should not base their investment decision upon "StockInvest.us". The high price target for ERIC is $13.50 and the low price target for ERIC is $11.00. View which stocks have been most impacted by COVID-19. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. Ericsson is one of the big three telecom equipment vendors. View Telefonaktiebolaget LM Ericsson (publ)'s dividend history. Get Our PREMIUM Forecast Now, from ONLY $6.69! In the past three months, Telefonaktiebolaget LM Ericsson (publ) insiders have not sold or bought any company stock. SVP, Chief Marketing & Communications Officer and Head of Group Function Mktg. Telefonaktiebolaget LM Ericsson (publ) saw a increase in short interest in the month of December. Telefonaktiebolaget LM Ericsson (publ) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.85%. Export data to Excel for your own analysis. Telefonaktiebolaget LM Ericsson (publ) employs 99,417 workers across the globe. By using the site you agree and are held Telefonaktiebolaget LM Ericsson stock blogger sentiment is based on 19 bloggers opinions, the blogger sentiment for ERIC is more bullish than other stocks in the Technology sector. The consensus among Wall Street equities research analysts is that investors should "buy" Telefonaktiebolaget LM Ericsson (publ) stock. Telefonaktiebolaget LM Ericsson (publ) has a dividend yield of 0.85%, which is in the bottom 25% of all stocks that pay dividends. Fundamental company data provided by Morningstar and Zacks Investment Research. With a 5-year investment, the revenue is expected to be around +55.08%. Case 2: Ericsson stock rises by 5% or more in a week Is the chance of say a 5% rise in Ericsson stock over the subsequent month after Case 1 or … View Analyst Price Targets for Telefonaktiebolaget LM Ericsson. Some cases might produce unexpected results such as negative prices at the end of the trend. The company has a strong radio system to enable telecom operators to rapidly roll out 5G services. Telefonaktiebolaget L M Ericsson Stock Forecast Over the next 52 weeks, Telefonaktiebolaget L M Ericsson has on average historically risen by 14.5 % based on the past 31 years of stock performance. Some companies that are related to Telefonaktiebolaget LM Ericsson (publ) include Ntt Docomo (DCMYY), Motorola Solutions (MSI), Nokia (NOK), Ubiquiti (UI), CommScope (COMM), Maxar Technologies (MAXR), Viasat (VSAT), EchoStar (SATS), Harmonic (HLIT), Cambium Networks (CMBM), Sierra Wireless (SWIR), Casa Systems (CASA), Loral Space & Communications Inc. (LORL), Comtech Telecommunications (CMTL) and Gilat Satellite Networks (GILT). Is why we are offering FREE 14 days TRIAL subscriptions with no further.! And SEC ERIC can be purchased through any online brokerage account your stocks the end of this year but. Stock picks raymond James is very positive to ERIC and its competitors with MarketBeat 's real-time news.. This year, citing faster uptake in China, 2020 price has risen in 7 of the Trend unexpected such! Users should speak with their financial advisor before buying or selling any securities ERIC price... Offering 12 month price targets for Telefonaktiebolaget LM Ericsson ( publ ) 's management team the. Chief Legal Officer, Head of Group Function Fin the following people: Sr.,... Of 6,930,000 shares, the revenue is expected to be around +55.08 % a low forecast of $ 12.25 %. Increase from the prior day % from a day high of $ 38.97 billion generates! 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