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Market Cap 16.89B P/E 13.89 EPS this Y 7.00% Ern Qtrly Grth -44.00%
Income -26.45B Forward P/E 8.93 EPS next Y 23.90% 50D Avg Chg -4.00%
Sales 263.35B PEG 7.87 EPS past 5Y 2.67% 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 0.88 Shares Outstanding 3.33B 52W Low Chg 3.00%
Insider Own - ROA 3.63% Shares Float 2.97B Beta 0.37
Inst Own 9.06% ROE -22.63% Shares Shorted/Prior 29.90M/32.66M Price 5.00
Gross Margin 39.64% Profit Margin -10.04% Avg. Volume 8,700,927 Target Price 4.84
Oper. Margin 11.31% Earnings Date - 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
08:20 AM Independent Monitor certifies Ericsson's Compliance Program
03/27/24 Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know
03/27/24 Advanced Gen AI Capabilities to Boost Vonage Conversational Commerce Offering
03/26/24 Vonage Protection Suite Wins a Best of Enterprise Connect Award
03/26/24 Vonage to Launch Enhanced Noise Cancellation
03/25/24 Ericsson to Shed 1,200 Swedish Jobs in Bid to Slash Costs
03/21/24 Ericsson (ERIC) Stock Falls Amid Market Uptick: What Investors Need to Know
03/21/24 Here is What to Know Beyond Why Ericsson (ERIC) is a Trending Stock
03/20/24 Ericsson (ERIC) Establishes New Entity to Bolster U.S. Presence
03/20/24 Ericsson appoints Andres Vicente Head of Market Area South East Asia, Oceania & India
03/19/24 Ericsson deepens U.S. engagement by establishing Ericsson Federal Technologies Group
03/18/24 Ericsson (ERIC) AI Transforms Jordan's Network Performance
03/15/24 Ericsson (ERIC) Ascends While Market Falls: Some Facts to Note
03/13/24 Vonage Named Platinum Winner for Best CCaaS Solution at Telco Innovation Awards 2024
03/12/24 Ericsson Annual Report on Form 20-F filed with the SEC
03/07/24 Ericsson (ERIC) Rises But Trails Market: What Investors Should Know
03/06/24 CRN® Names Vonage's Jim Regan to 2024 Channel Chiefs List
03/06/24 Ericsson Annual Report 2023 published
03/05/24 Ericsson announces Appointment of Becky Rohr as Chief Compliance Officer, bringing together Investigations and Compliance
03/05/24 Vonage and Telkomsel Collaborate to Drive Ecosystem Digital Innovation by Making Network APIs Available to Developers and Enterprises in Indonesia
ERIC Chatroom

User Image Stock_Titan Posted - 2 hours ago

$ERIC Independent Monitor certifies Ericsson's Compliance Program https://www.stocktitan.net/news/ERIC/independent-monitor-certifies-ericsson-s-compliance-u0k76pbmb8q8.html

User Image HedgeTrade Posted - 3 hours ago

$NOK $ERIC merger should be done. It's not a duopoly. There is other companies too. Just fking do the merger.

User Image Stock_Titan Posted - 1 day ago

$ERIC Advanced Gen AI Capabilities to Boost Vonage Conversational Commerce Offering https://www.stocktitan.net/news/ERIC/advanced-gen-ai-capabilities-to-boost-vonage-conversational-commerce-led86t04zn4f.html

User Image TraderJackson_ Posted - 1 day ago

TTNP Top Squeeze Watch! Keep it on watch for another high volume spike to 12+ $XPEV $UBER $XPEV $ERIC >

User Image TraderJackson_ Posted - 1 day ago

$BCS $ERIC $XPEV $WBA BREAKING OUT 🌡️

User Image TraderJackson_ Posted - 1 day ago

$ERIC $UBER $FCX $MRO BREAKING OUT✈️

User Image TheFastMode Posted - 1 day ago

$ERIC Ericsson, du Hit 16.7 Gbps in 10 Carriers per Sector Test on Live 5G SA Network http://dlvr.it/T4gFv3

User Image Stock_Titan Posted - 1 day ago

$ERIC Vonage Protection Suite Wins a Best of Enterprise Connect Award https://www.stocktitan.net/news/ERIC/vonage-protection-suite-wins-a-best-of-enterprise-connect-bh10ob2fxhl5.html

User Image Stock_Titan Posted - 2 days ago

$ERIC Vonage to Launch Enhanced Noise Cancellation https://www.stocktitan.net/news/ERIC/vonage-to-launch-enhanced-noise-irqp62g1k92x.html

User Image tradethehalt Posted - 2 days ago

$ERIC Ericsson to lay off 1,200 employees in Sweden due to market challenges. https://www.cnbc.com/2024/03/25/ericsson-will-cut-1200-jobs-in-sweden-.html

User Image InvestorPlace Posted - 2 days ago

Ericsson Layoffs 2024: What to Know About the Latest $ERIC Job Cuts https://investorplace.com/2024/03/ericsson-layoffs-2024-what-to-know-about-the-latest-eric-job-cuts/

User Image Tech_Bull Posted - 2 days ago

$ERIC who needs 5G. We'll stay at 4G forever

User Image Stocksrunner Posted - 2 days ago

🚀📈 Monday Market Madness! Check out these hot headlines from the trading floor: $BA CEO Dave Calhoun is shaking things up! ✈️ Shares soar as Calhoun announces he's stepping down by year-end. $DIS narrative reset is paying off! 📈 Upgraded at Barclays, Disney is making magic happen in the market. $MU Micron's rally continues! Despite recent gains, Micron remains undervalued $NVO Acquiring Cardior Pharmaceuticals for over $1 billion to strengthen its pipeline. $ERIC faces challenges in the mobile networks market. Despite slashes in staff, Ericsson is navigating turbulent waters. Stay tuned for updates!

User Image DonCorleone77 Posted - 3 days ago

$ERIC Ericsson announces headcount reduction of about 1,200 in Sweden Ericsson stated: "As previously stated, Ericsson expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious. In line with managing lower volumes, Ericsson today announces proposed staff reductions in Sweden. This measure is part of the global initiatives to improve the cost position, including headcount reductions, while maintaining investments critical to Ericsson's technology leadership. Initiatives to increase operational efficiency will continue during 2024 but will not be announced separately. In addition to the headcount reduction, the cost saving initiatives cover various areas such as reduction of consultants, streamlining of processes, and reduced facilities, while Ericsson keeps executing on its strategy to achieve a higher growth trajectory and to reach the long -term margin targets, through leadership in mobile networks and a focused expansion...

User Image TheFastMode Posted - 1 week ago

$ERIC Ericsson, stc Demo 4Gbps Speed in Latest 5G SA Showcase http://dlvr.it/T4NSNf

User Image TheFastMode Posted - 1 week ago

$ERIC Ericsson Launches Specialized 5G Unit to Cater to US Agencies http://dlvr.it/T4KxZW

User Image Stock_Titan Posted - 1 week ago

$ERIC Ericsson deepens U.S. engagement by establishing Ericsson Federal Technologies Group https://www.stocktitan.net/news/ERIC/ericsson-deepens-u-s-engagement-by-establishing-ericsson-federal-yrojex9c9lqz.html

User Image TheFastMode Posted - 1 week ago

$ERIC Ericsson, Umniah Collaborate on AI-Enhanced Network Upgrades in Strategic Partnership http://dlvr.it/T4GlVZ

User Image acidcool Posted - 1 week ago

$ERIC short this crap..this has failed in all depts...heard the MWC really sucked for them

User Image CautiousInvestor538 Posted - 1 week ago

$ERIC short

User Image Aigner_Andreas Posted - 2 weeks ago

TF BUY $ERIC at 5.69 : 5.58 BigCap -4% Shp 1.08 S 8.65 N 0.9 RSI 59.44% SRSI 100% ADXR 18.57 #stocks #trading #finance #market

User Image TheFastMode Posted - 2 weeks ago

$ERIC Ericsson, DoT Collaborate to Offer Accredited Courses on 5G in India http://dlvr.it/T409Yd

User Image Stock_Titan Posted - 2 weeks ago

$ERIC Ericsson Annual Report on Form 20-F filed with the SEC https://www.stocktitan.net/news/ERIC/ericsson-annual-report-on-form-20-f-filed-with-the-761uqo8pd8nb.html

User Image bartoloma Posted - 2 weeks ago

$ERIC good buying opportunity, in less than a year we could see stock double!!!!

User Image TheFastMode Posted - 2 weeks ago

$ERIC Ericsson Powers Elisa's First 5G SA Subscriptions in Finland http://dlvr.it/T3v7Vj

User Image bartoloma Posted - 3 weeks ago

$ERIC top network company are needed in this AI world, ERiC is going to have an stellar 2024 *2

User Image Stock_Titan Posted - 3 weeks ago

$ERIC CRN® Names Vonage's Jim Regan to 2024 Channel Chiefs List https://www.stocktitan.net/news/ERIC/crn-r-names-vonage-s-jim-regan-to-2024-channel-chiefs-z7untem0dc4s.html

User Image Stock_Titan Posted - 3 weeks ago

$ERIC Ericsson Annual Report 2023 published https://www.stocktitan.net/news/ERIC/ericsson-annual-report-2023-qtz3l186drgi.html

User Image TheFastMode Posted - 3 weeks ago

$ERIC SoftBank, T-Mobile Telia, Ericsson, Microsoft & Thales Collaborate to Enable 5G Windows 11 PCs http://dlvr.it/T3gXrr

User Image TheFastMode Posted - 3 weeks ago

$ERIC Mobily, Ericsson Collaborate on AI-enabled Managed Services to Enhance Digital Transformation http://dlvr.it/T3gXrh

Analyst Ratings
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
Cowen & Co. Outperform Oct 21, 22