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Market Cap 16.89B P/E 13.89 EPS this Y -4.70% Ern Qtrly Grth 68.80%
Income -25.4B Forward P/E 8.93 EPS next Y 14.60% 50D Avg Chg -4.00%
Sales 254.12B PEG 9.20 EPS past 5Y -0.36% 200D Avg Chg -11.00%
Dividend N/A Price/Book 1.54 EPS next 5Y 1.50% 52W High Chg -36.00%
Recommedations 3.40 Quick Ratio 0.94 Shares Outstanding 3.33B 52W Low Chg 3.00%
Insider Own - ROA 3.33% Shares Float 2.98B Beta 0.36
Inst Own 10.69% ROE -21.47% Shares Shorted/Prior 31.37M/31.19M Price 5.00
Gross Margin 40.24% Profit Margin -10.00% Avg. Volume 8,700,927 Target Price 4.55
Oper. Margin 4.54% Earnings Date Jul 12 Volume 13,419,554 Change -1.19%
About Ericsson

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Ericsson News
05/14/24 Vonage Expands Salesforce Service Cloud Voice Offering with Einstein Integration
05/10/24 Ericsson announces change to the Executive Team
05/03/24 Ericsson to utilize mandate to transfer shares
05/02/24 Ericsson resolves on an acquisition offer for C shares for LTV I 2023
04/29/24 Ericsson chief says overregulation ‘driving Europe to irrelevance’
04/25/24 Ericsson and IIT Kanpur form strategic partnership to drive next-gen financial solutions innovations
04/24/24 Cradlepoint 5G-Optimized NetCloud SASE Secures Agile Enterprises
04/22/24 Ericsson joins Government of Canada initiative on the road to net-zero
04/19/24 Singtel Partners with Vonage to Accelerate Global Enterprise and Telco Innovation and Digital Transformation
04/18/24 UPDATE 4-Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss
04/17/24 Nex-Tech Wireless partners with Ericsson to Keep Kansans Connected with innovative technologies
04/17/24 Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q1 2024 Earnings Call Transcript
12:01 PM Ericsson Stock Edges Higher on Signs Telco Demand Will Stabilize Later This Year
09:39 AM Ericsson (ERIC) Q1 Earnings Beat Estimates, Top Line Falls Y/Y
01:13 AM Ericsson reports first quarter results 2024
12:12 AM Ericsson sees sales stabilising soon after Q1 profit beat
04/15/24 Ericsson (ERIC) Solution to Upgrade Swisscom's Mobile Network
04/14/24 Research: More than Half of Singapore’s Organisations Experienced 1-2 hours of Weekly Downtime Due to Fixed Line/ Fibre Network Failure Over the Last 12 months
04/11/24 Cradlepoint Research: Majority of Canadian Businesses’ Network Connectivity Is Good, but Downtime Continues to Impact Operations
04/11/24 Cradlepoint Survey Reveals Enterprises are More Confident Utilizing 5G to Expand into New Business Opportunities
ERIC Chatroom

User Image Aigner_Andreas Posted - 12 hours ago

TD SELL $ERIC at 5.68, Supp 5.02 Resis 5.68 R13 HiLo 74% T1Y 8 hold 2.7 DIV 4.03% #Telefonakt #stocks #trading #finance #market

User Image sobredinero Posted - 16 hours ago

$ERIC https://www.lightreading.com/5g/the-united-states-of-ericsson- The United States of Ericsson?

User Image TheFastMode Posted - 2 days ago

$ERIC Deutsche Bahn, Ericsson, O2 Telefónica & Vantage Towers to Establish Gigabit Mobile in Trains http://dlvr.it/T6rx05

User Image TheFastMode Posted - 1 week ago

$ERIC Umniah to Expand 3G & 4G Networks in Major Cities of Jordan with Ericsson Radio System http://dlvr.it/T6ZRt9

User Image Stocksrunner Posted - 1 week ago

Power Hour Technical Updates 2/3: $EXPE Oversold, time to be greedy? RSI shows fear $ERIC Crossed above 200-day MA of $5.24, up 1.5% $CAH Oversold per RSI, be greedy when others fearful? $BWA Crossed above 200-day MA of $36, up today

User Image Stock_Titan Posted - 1 week ago

$ERIC Ericsson to utilize mandate to transfer shares https://www.stocktitan.net/news/ERIC/ericsson-to-utilize-mandate-to-transfer-671m0v0qc58j.html

User Image Stock_Titan Posted - 2 weeks ago

$ERIC Ericsson resolves on an acquisition offer for C shares for LTV I 2023 https://www.stocktitan.net/news/ERIC/ericsson-resolves-on-an-acquisition-offer-for-c-shares-for-ltv-i-e7jmjkkuq73x.html

User Image HedgeTrade Posted - 04/30/24

$NOK $ERIC merge needed

User Image acidcool Posted - 04/27/24

$ERIC be extremely careful here, a laggard that simply hates to innovate..

User Image aihuman101 Posted - 04/26/24

User Image TheFastMode Posted - 04/25/24

$ERIC Ericsson, F.I.R.S.T at IIT Kanpur to Drive Innovation in MFS & Fintech Solutions http://dlvr.it/T620TS

User Image aihuman101 Posted - 04/24/24

$ERIC

User Image Stock_Titan Posted - 04/24/24

$ERIC Cradlepoint 5G-Optimized NetCloud SASE Secures Agile Enterprises https://www.stocktitan.net/news/ERIC/cradlepoint-5g-optimized-net-cloud-sase-secures-agile-0vtw137ux2cx.html

User Image TheFastMode Posted - 04/23/24

$ERIC Ericsson Collaborates with Canadian Government on Net-Zero Emission Challenge http://dlvr.it/T5wnvc

User Image TheFastMode Posted - 04/22/24

$ERIC Ericsson, Nex-Tech Wireless Collaborate in Technological Innovation http://dlvr.it/T5qxTq

User Image Options Posted - 04/19/24

#TheOptionBlock 1277: "Nanos, EuroFlexes and Surprising Technical Analysis" with @schwartz_nyc from @Cboe, @optionpit and @MikeTosaw is now available. Stream from your favorite #podcast platform or listen at http://traffic.libsyn.com/optionblock/OB_4-18-24_-_FINAL.mp3 $SNAP $ERIC $HTZ #OptionsTrading

User Image Stock_Titan Posted - 04/19/24

$ERIC Singtel Partners with Vonage to Accelerate Global Enterprise and Telco Innovation and Digital Transformation https://www.stocktitan.net/news/ERIC/singtel-partners-with-vonage-to-accelerate-global-enterprise-and-rrloe5vm3zjx.html

User Image Options Posted - 04/18/24

#TheOptionBlock 1277: "Nanos, EuroFlexes and Surprising Technical Analysis" with @schwartz_nyc from @Cboe, @optionpit and @MikeTosaw is now available. Stream from your favorite #podcast platform or listen at http://traffic.libsyn.com/optionblock/OB_4-18-24_-_FINAL.mp3 $SNAP $ERIC $HTZ #OptionsTrading

User Image Curioustock Posted - 04/18/24

@linden I listened to the conference too, strange as some savy IT people claimed that was the reason on UI boards If it’s not components then it is the same old limited supply chain visibility that has plagued UI forever. If demand really is that kind of a monster, maybe there is a beat on revenue. Though these low ASP product might mean lacklustre EPS growth until Q4 I think there’s a lot of hold back on the higher ASP product as people wait for the 11 SKUs to be released after UWC. I am quite neutral in this quarter although $NOK and $ERIC both implied through quarters with improved demand in IT networking equipment. Usually a lead indicator for distribution channels. Last decel quarter for the industry! Going to be interesting month!

User Image InvestorPlace Posted - 04/18/24

Here's the latest Ericsson layoffs details! $ERIC https://investorplace.com/2024/04/ericsson-layoffs-2024-what-to-know-about-the-latest-ericsson-job-cuts/

User Image Stock_Titan Posted - 04/17/24

$ERIC Nex-Tech Wireless partners with Ericsson to Keep Kansans Connected with innovative technologies https://www.stocktitan.net/news/ERIC/nex-tech-wireless-partners-with-ericsson-to-keep-kansans-connected-bafdj10j3cw8.html

User Image bill20201 Posted - 4 weeks ago

$ERIC let's go power hour run?

User Image Stocksrunner Posted - 4 weeks ago

🔍 Analysts are closely watching these earnings reports for potential market impact: 🔹 $DAL Upbeat Q1 results with revenues aligning and earnings beating estimates. 🔹 $ERIC Mixed sentiments despite strong earnings in Q1, with a bleak medium-term outlook. 🔹 $PNC Beat earnings estimates despite a fall in Q1 profit. 🔹 $UNH Beat revenue expectations despite the impact of cyberattack. 🔹 $JNJ Earnings beat, but revenue fell short of estimates. Stay tuned for insights and market reactions as earnings season unfolds!

User Image pepe7 Posted - 1 month ago

$ERIC

User Image OpenOutcrier Posted - 1 month ago

$ERIC (+6.7% pre) Telefonaktiebolaget LM Ericsson GAAP EPS of SEK0.77, revenue of SEK53.3B - SA https://ooc.bz/l/30455

User Image mikesterz7 Posted - 1 month ago

$ERIC Earnings Highlights Ericsson on Tuesday reported first-quarter net income of $246.2 million. The Stockholm-based company said it had net income of 7 cents per share. The telecommunications equipment provider posted revenue of $5.13 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $5.33 billion.

User Image tradingtwenty Posted - 1 month ago

$ERIC has trended 52 times in the past 24 hours (based on 5 minute intervals). Latest press release on Apr 16, 2024 02:13 AM: Ericsson reports first quarter results 2024 Link: https://tradingtwenty.com/news/430441/ericsson-reports-first-quarter-results-2024

User Image Krazedkujo Posted - 1 month ago

$ITCI $BCAN $ERIC $MS $UNH PM movers w/decent volume part 2

User Image basscat12 Posted - 1 month ago

$ITCI $UNH $ERIC Pre-Market Gap Up, delayed, courtesy barchart, presented here for @Vegas1 to help us follow the money!

Analyst Ratings
JP Morgan Neutral Apr 17, 24
JP Morgan Neutral Nov 30, 23
JP Morgan Overweight Oct 18, 23
TD Cowen Outperform Apr 19, 23
Raymond James Market Perform Feb 7, 23
Cowen & Co. Outperform Jan 23, 23
Cowen & Co. Outperform Jan 17, 23
Exane BNP Paribas Neutral Jan 10, 23
Raymond James Outperform Dec 12, 22