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Telefonaktiebolaget LM Ericsson (publ) (ERIC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ERIC Stock Forecast

Telefonaktiebolaget LM Ericsson (publ) (ERIC) stock forecast, based on 37 Wall Street analysts, predicts a 12-month average price target of $6.94, with a high of $7.78 and a low of $6.10. This represents a -14.00% decline from the last price of $8.07.

High: $7.78 Avg: $6.94 Low: $6.1 Last Closed Price: $8.07

ERIC Stock Rating

Telefonaktiebolaget LM Ericsson (publ) stock's rating consensus is Hold, based on 37 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 15 Buy (40.54%), 21 Hold (56.76%), 1 Sell (2.70%), and 0 Strong Sell (0.00%).

Hold
Total 37 1 21 15 Strong Sell Sell Hold Buy Strong Buy

ERIC Price Target Upside V Benchmarks

TypeNameUpside
StockTelefonaktiebolaget LM Ericsson (publ)-14.00%
SectorTechnology Stocks 33.74%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$8.07$8.07$8.07
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25--5-38
Mar, 25--5-38
Feb, 25--5-38
Jan, 25--5-38
Dec, 24--5-38
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2023Sandeep DeshpandeJ.P. Morgan$7.78$4.5869.87%-3.59%
Oct 24, 2022Alexander DuvalGoldman Sachs$6.10$5.5410.11%-24.41%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 27, 2025DNB MarketsHolddowngrade
Jan 08, 2025BarclaysUnderweightUnderweighthold
Oct 30, 2024BarclaysUnderweightUnderweighthold
Oct 21, 2024Deutsche BankHoldHoldhold
Sep 24, 2024Morgan StanleyEqual-WeightEqual-Weighthold
Jul 25, 2024Morgan StanleyEqual-WeightEqual-Weighthold
Jul 16, 2024CitigroupNeutralNeutralhold
Jun 13, 2024NordeaHolddowngrade
Oct 27, 2023BarclaysEqual-WeightEqual-Weighthold
Sep 29, 2023Cowen & Co.OutperformOutperformhold

Financial Forecast

EPS Forecast

$-10 $-6 $-2 $2 $6 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.26$6.82$5.62$-7.94-----
Avg Forecast$4.61$5.96$5.95$-7.57$0.71$5.84$6.17$6.78$5.26
High Forecast$4.71$6.09$6.18$-6.68$0.77$6.33$6.50$7.32$5.67
Low Forecast$4.48$5.79$5.76$-8.24$0.70$5.23$5.27$6.37$4.93
Surprise %14.10%14.43%-5.55%4.89%-----

Revenue Forecast

$200B $230B $260B $290B $320B $350B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$232.39B$232.31B$271.55B$263.35B-----
Avg Forecast$224.62B$232.40B$262.69B$258.33B$251.45B$260.80B$267.15B$273.50B$320.85B
High Forecast$228.40B$236.31B$270.34B$260.51B$252.31B$269.26B$275.54B$290.03B$340.24B
Low Forecast$219.73B$227.34B$256.16B$253.05B$250.07B$255.16B$260.35B$260.49B$305.59B
Surprise %3.46%-0.04%3.37%1.94%-----

Net Income Forecast

$-50B $30B $110B $190B $270B $350B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$17.48B$22.69B$18.72B$-26.45B-----
Avg Forecast$102.75B$170.97B$223.99B$251.87B$2.37B$19.45B$20.53B$22.59B$17.50B
High Forecast$123.30B$205.16B$268.79B$302.25B$2.55B$21.07B$21.65B$24.37B$18.88B
Low Forecast$82.20B$136.77B$179.19B$201.50B$2.31B$17.43B$17.55B$21.20B$16.42B
Surprise %-82.99%-86.73%-91.64%-110.50%-----

ERIC Forecast FAQ

Is Telefonaktiebolaget LM Ericsson (publ) stock a buy?

Telefonaktiebolaget LM Ericsson (publ) stock has a consensus rating of Hold, based on 37 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 15 Buy, 21 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Telefonaktiebolaget LM Ericsson (publ) is a neutral investment for most analysts.

What is Telefonaktiebolaget LM Ericsson (publ)'s price target?

Telefonaktiebolaget LM Ericsson (publ)'s price target, set by 37 Wall Street analysts, averages $6.94 over the next 12 months. The price target range spans from $6.1 at the low end to $7.78 at the high end, suggesting a potential -14.00% change from the previous closing price of $8.07.

How does Telefonaktiebolaget LM Ericsson (publ) stock forecast compare to its benchmarks?

Telefonaktiebolaget LM Ericsson (publ)'s stock forecast shows a -14.00% downside, underperforming the average forecast for the technology stocks sector (33.74%).

What is the breakdown of analyst ratings for Telefonaktiebolaget LM Ericsson (publ) over the past three months?

  • April 2025: 0% Strong Buy, 0% Buy, 62.50% Hold, 0% Sell, 37.50% Strong Sell.
  • March 2025: 0% Strong Buy, 0% Buy, 62.50% Hold, 0% Sell, 37.50% Strong Sell.
  • February 2025: 0% Strong Buy, 0% Buy, 62.50% Hold, 0% Sell, 37.50% Strong Sell.

What is Telefonaktiebolaget LM Ericsson (publ)’s EPS forecast?

Telefonaktiebolaget LM Ericsson (publ)'s average annual EPS forecast for its fiscal year ending in December 2024 is $0.71, marking a -108.94% decrease from the reported $-7.94 in 2023. Estimates for the following years are $5.84 in 2025, $6.17 in 2026, $6.78 in 2027, and $5.26 in 2028.

What is Telefonaktiebolaget LM Ericsson (publ)’s revenue forecast?

Telefonaktiebolaget LM Ericsson (publ)'s average annual revenue forecast for its fiscal year ending in December 2024 is $251.45B, reflecting a -4.52% decrease from the reported $263.35B in 2023. The forecast for 2025 is $260.8B, followed by $267.15B for 2026, $273.5B for 2027, and $320.85B for 2028.

What is Telefonaktiebolaget LM Ericsson (publ)’s net income forecast?

Telefonaktiebolaget LM Ericsson (publ)'s net income forecast for the fiscal year ending in December 2024 stands at $2.37B, representing a -108.94% decrease from the reported $-26.446B in 2023. Projections indicate $19.45B in 2025, $20.53B in 2026, $22.59B in 2027, and $17.5B in 2028.