Telefonaktiebolaget LM Ericsson (publ) (ERIC) Stock Forecast, Price Target & Predictions
ERIC Stock Forecast
Telefonaktiebolaget LM Ericsson (publ) stock forecast is as follows: an average price target of $6.94 (represents a -13.14% downside from ERIC’s last price of $7.99) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.
ERIC Price Target
The average price target for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is $6.94 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $7.78 to $6.10. This represents a potential -13.14% downside from ERIC's last price of $7.99.
ERIC Analyst Ratings
According to 11 Wall Street analysts, Telefonaktiebolaget LM Ericsson (publ)'s rating consensus is 'Hold'. The analyst rating breakdown for ERIC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (18.18%), 8 'Hold' (72.73%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).
Telefonaktiebolaget LM Ericsson (publ) Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 13, 2023 | Sandeep Deshpande | J.P. Morgan | $7.78 | $4.58 | 70.05% | -2.63% |
| Oct 24, 2022 | Alexander Duval | Goldman Sachs | $6.10 | $5.54 | 10.11% | -23.65% |
The latest Telefonaktiebolaget LM Ericsson (publ) stock forecast, released on Nov 13, 2023 by Sandeep Deshpande from J.P. Morgan, set a price target of $7.78, which represents a 70.05% increase from the stock price at the time of the forecast ($4.58), and a -2.63% decrease from ERIC last price ($7.99).
Telefonaktiebolaget LM Ericsson (publ) Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $7.99 | $7.99 | $7.99 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Telefonaktiebolaget LM Ericsson (publ) stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Telefonaktiebolaget LM Ericsson (publ)'s last price of $7.99. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Barclays | Underweight | Underweight | Hold |
| Oct 21, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Sep 24, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 25, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 16, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jun 13, 2024 | Nordea | - | Hold | Downgrade |
| Oct 27, 2023 | BNP Paribas | Neutral | Neutral | Hold |
| Oct 27, 2023 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 29, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
| Feb 07, 2023 | Raymond James | - | Market Perform | Downgrade |
Telefonaktiebolaget LM Ericsson (publ)'s last stock rating was published by Barclays on Oct 30, 2024. The company gave ERIC a "Underweight" rating, the same as its previous rate.
Telefonaktiebolaget LM Ericsson (publ) Financial Forecast
Telefonaktiebolaget LM Ericsson (publ) Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $62.55B | $85.98B | $68.04B | $62.47B | $55.06B | $71.33B | $56.26B | $54.94B | $49.78B | $69.59B | $57.47B | $55.58B | $49.75B | $66.37B | $57.13B | $54.81B | $48.91B | $43.41B | $46.37B |
| Avg Forecast | $74.20B | $62.26B | $61.40B | $55.91B | $70.96B | $59.90B | $58.11B | $55.74B | $74.42B | $64.59B | $65.03B | $60.78B | $82.51B | $67.24B | $61.98B | $53.43B | $68.73B | $58.60B | $57.37B | $54.01B | $66.55B | $57.33B | $54.81B | $53.30B | $65.08B | $56.35B | $52.90B | $48.50B | $759.77B | $413.31B |
| High Forecast | $76.66B | $64.33B | $63.44B | $56.12B | $72.18B | $60.30B | $58.11B | $55.74B | $76.89B | $66.73B | $67.19B | $62.80B | $85.26B | $68.18B | $62.84B | $54.18B | $69.69B | $59.41B | $58.17B | $54.76B | $67.47B | $58.13B | $55.57B | $54.04B | $65.98B | $57.13B | $53.64B | $49.17B | $911.73B | $495.97B |
| Low Forecast | $72.10B | $60.50B | $59.67B | $55.81B | $69.73B | $59.50B | $58.11B | $55.74B | $72.31B | $62.76B | $63.19B | $59.06B | $80.18B | $65.97B | $60.80B | $52.42B | $67.43B | $57.48B | $56.28B | $52.99B | $65.28B | $56.24B | $53.77B | $52.29B | $63.84B | $55.28B | $51.90B | $47.58B | $607.82B | $330.64B |
| # Analysts | 1 | 1 | 1 | 3 | 7 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.04% | 1.01% | 1.01% | 1.03% | 1.04% | 0.96% | 0.96% | 0.92% | 1.05% | 1.00% | 1.01% | 0.93% | 1.02% | 1.01% | 1.04% | 1.01% | 0.06% | 0.11% |
Telefonaktiebolaget LM Ericsson (publ)'s average Quarter revenue forecast for Jun 23 based on 1 analysts is $65.03B, with a low forecast of $63.19B, and a high forecast of $67.19B. ERIC's average Quarter revenue forecast represents a 3.96% increase compared to the company's last Quarter revenue of $62.55B (Mar 23).
Telefonaktiebolaget LM Ericsson (publ) EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 7 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $6.70B | $11.17B | $9.65B | $9.55B | $7.26B | $13.40B | $10.61B | $67.25B | $6.68B | $12.84B | $10.64B | $6.17B | $5.40B | $7.80B | $-2.02B | $5.43B | $7.17B | $1.47B | $-6.95B |
| Avg Forecast | $9.66B | $8.10B | $7.99B | $7.28B | $9.24B | $7.80B | $7.57B | $7.26B | $9.69B | $8.41B | $8.47B | $7.91B | $10.74B | $8.88B | $8.19B | $7.06B | $9.08B | $7.74B | $7.58B | $7.13B | $8.79B | $7.57B | $7.24B | $7.04B | $8.59B | $7.44B | $6.99B | $36.61B | $25.68B | $-61.95B |
| High Forecast | $9.98B | $8.37B | $8.26B | $7.31B | $9.40B | $7.85B | $7.57B | $7.26B | $10.01B | $8.69B | $8.75B | $8.18B | $11.10B | $9.00B | $8.30B | $7.16B | $9.20B | $7.85B | $7.68B | $7.23B | $8.91B | $7.68B | $7.34B | $7.14B | $8.71B | $7.55B | $7.08B | $43.93B | $30.81B | $-49.56B |
| Low Forecast | $9.39B | $7.88B | $7.77B | $7.27B | $9.08B | $7.75B | $7.57B | $7.26B | $9.41B | $8.17B | $8.23B | $7.69B | $10.44B | $8.71B | $8.03B | $6.92B | $8.90B | $7.59B | $7.43B | $7.00B | $8.62B | $7.43B | $7.10B | $6.91B | $8.43B | $7.30B | $6.85B | $29.29B | $20.54B | $-74.34B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 1.04% | 1.09% | 1.17% | 1.03% | 1.48% | 1.37% | 8.88% | 0.94% | 1.46% | 1.41% | 0.85% | 0.77% | 0.91% | -0.27% | 0.78% | 0.20% | 0.06% | 0.11% |
1 analysts predict ERIC's average Quarter EBITDA for Jun 23 to be $8.47B, with a high of $8.75B and a low of $8.23B. This is 26.28% upper than Telefonaktiebolaget LM Ericsson (publ)'s previous annual EBITDA (Mar 23) of $6.70B.
Telefonaktiebolaget LM Ericsson (publ) Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 7 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $1.52B | $6.07B | $5.21B | $4.50B | $2.94B | $10.15B | $5.75B | $3.68B | $3.19B | $7.52B | $5.35B | $2.45B | $2.16B | $4.43B | $-6.23B | $1.71B | $2.32B | $-837.00M | $-10.90B |
| Avg Forecast | $7.77B | $4.60B | $3.13B | $2.99B | $9.76B | $3.19B | $1.26B | $51.13B | $3.56B | $1.41B | $-1.41B | $44.66B | $69.79B | $5.98B | $5.44B | $36.62B | $6.85B | $5.02B | $3.76B | $31.75B | $5.60B | $4.32B | $1.77B | $21.67B | $4.35B | $2.37B | $2.41B | $11.82B | $-14.65B | $-97.13B |
| High Forecast | $8.11B | $4.79B | $3.26B | $3.12B | $11.23B | $3.24B | $1.26B | $61.36B | $5.09B | $1.47B | $-1.36B | $53.59B | $83.75B | $6.09B | $5.53B | $43.94B | $6.97B | $5.11B | $3.83B | $38.10B | $5.70B | $4.40B | $1.80B | $26.01B | $4.43B | $2.41B | $2.45B | $14.19B | $-11.72B | $-77.70B |
| Low Forecast | $7.49B | $4.43B | $3.01B | $2.88B | $8.79B | $3.15B | $1.25B | $40.91B | $2.54B | $1.36B | $-1.47B | $35.73B | $55.83B | $5.83B | $5.30B | $29.29B | $6.68B | $4.90B | $3.67B | $25.40B | $5.46B | $4.21B | $1.73B | $17.34B | $4.25B | $2.31B | $2.35B | $9.46B | $-17.58B | $-116.56B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.03% | 0.09% | 0.87% | 0.83% | 0.08% | 1.48% | 1.15% | 0.98% | 0.10% | 1.34% | 1.24% | 1.38% | 0.10% | 1.02% | -2.63% | 0.71% | 0.20% | 0.06% | 0.11% |
Telefonaktiebolaget LM Ericsson (publ)'s average Quarter net income forecast for Jun 23 is $-1.41B, with a range of $-1.47B to $-1.36B. ERIC's average Quarter net income forecast represents a -192.96% decrease compared to the company's last Quarter net income of $1.52B (Mar 23).
Telefonaktiebolaget LM Ericsson (publ) SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 7 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $9.12B | $11.79B | $9.44B | $7.87B | $6.59B | $7.62B | $6.18B | $6.97B | $6.19B | $7.40B | $5.99B | $7.05B | $6.24B | $8.22B | $4.92B | $6.96B | $6.03B | $6.16B | $9.86B |
| Avg Forecast | $9.21B | $7.73B | $7.62B | $6.94B | $8.80B | $7.43B | $7.21B | $6.92B | $9.23B | $8.01B | $8.07B | $7.54B | $52.78B | $8.37B | $7.72B | $6.65B | $8.56B | $7.30B | $7.14B | $6.72B | $8.29B | $7.14B | $6.82B | $6.64B | $8.10B | $7.02B | $6.59B | $30.77B | $107.74B | $87.90B |
| High Forecast | $9.51B | $7.98B | $7.87B | $6.96B | $8.96B | $7.48B | $7.21B | $6.92B | $9.54B | $8.28B | $8.34B | $7.79B | $63.33B | $8.49B | $7.82B | $6.75B | $8.68B | $7.40B | $7.24B | $6.82B | $8.40B | $7.24B | $6.92B | $6.73B | $8.22B | $7.11B | $6.68B | $36.93B | $129.29B | $105.47B |
| Low Forecast | $8.95B | $7.51B | $7.40B | $6.93B | $8.65B | $7.38B | $7.21B | $6.92B | $8.97B | $7.79B | $7.84B | $7.33B | $42.22B | $8.21B | $7.57B | $6.53B | $8.40B | $7.16B | $7.01B | $6.60B | $8.13B | $7.00B | $6.69B | $6.51B | $7.95B | $6.88B | $6.46B | $24.62B | $86.19B | $70.32B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 0.22% | 1.13% | 1.02% | 0.99% | 0.89% | 0.85% | 0.98% | 0.92% | 0.89% | 0.84% | 1.03% | 0.94% | 1.01% | 0.70% | 1.06% | 0.20% | 0.06% | 0.11% |
Telefonaktiebolaget LM Ericsson (publ)'s average Quarter SG&A projection for Jun 23 is $8.07B, based on 1 Wall Street analysts, with a range of $7.84B to $8.34B. The forecast indicates a -11.50% fall compared to ERIC last annual SG&A of $9.12B (Mar 23).
Telefonaktiebolaget LM Ericsson (publ) EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 7 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.46 | $1.82 | $1.56 | $1.36 | $0.88 | $3.05 | $1.73 | $1.10 | $0.96 | $2.26 | $1.61 | $0.74 | $0.65 | $1.34 | $-1.89 | $0.52 | $0.70 | $-0.25 | $-3.33 |
| Avg Forecast | $2.33 | $1.38 | $0.94 | $0.89 | $2.92 | $0.96 | $0.38 | $0.22 | $1.07 | $0.42 | $-0.42 | $0.53 | $2.17 | $1.79 | $1.63 | $1.28 | $2.05 | $1.51 | $1.13 | $0.96 | $1.68 | $1.30 | $0.53 | $0.72 | $1.31 | $0.71 | $0.72 | $0.67 | $-0.50 | $0.18 |
| High Forecast | $2.43 | $1.44 | $0.98 | $0.93 | $3.36 | $0.97 | $0.38 | $0.22 | $1.52 | $0.44 | $-0.41 | $0.55 | $2.26 | $1.83 | $1.66 | $1.30 | $2.09 | $1.53 | $1.15 | $0.97 | $1.71 | $1.32 | $0.54 | $0.74 | $1.33 | $0.72 | $0.74 | $0.68 | $-0.42 | $0.18 |
| Low Forecast | $2.24 | $1.33 | $0.90 | $0.86 | $2.63 | $0.94 | $0.37 | $0.22 | $0.76 | $0.41 | $-0.44 | $0.51 | $2.09 | $1.75 | $1.59 | $1.25 | $2.00 | $1.47 | $1.10 | $0.93 | $1.64 | $1.26 | $0.52 | $0.70 | $1.27 | $0.69 | $0.71 | $0.65 | $-0.67 | $0.17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.84% | 0.87% | 0.83% | 0.69% | 1.48% | 1.15% | 0.97% | 1.01% | 1.34% | 1.24% | 1.39% | 0.90% | 1.03% | -2.66% | 0.72% | 1.04% | 0.50% | -18.68% |
According to 1 Wall Street analysts, Telefonaktiebolaget LM Ericsson (publ)'s projected average Quarter EPS for Jun 23 is $-0.42, with a low estimate of $-0.44 and a high estimate of $-0.41. This represents a -191.75% decrease compared to ERIC previous annual EPS of $0.46 (Mar 23).
Telefonaktiebolaget LM Ericsson (publ) Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| QRVO | Qorvo | $65.66 | $115.55 | 75.98% | Hold |
| SWKS | Skyworks Solutions | $83.43 | $129.04 | 54.67% | Hold |
| NOK | Nokia Oyj | $4.25 | $6.35 | 49.41% | Buy |
| CCI | Crown Castle | $104.37 | $136.30 | 30.59% | Hold |
| MRVL | Marvell | $89.86 | $87.03 | -3.15% | Buy |
| ERIC | Telefonaktiebolaget LM Ericsson (publ) | $7.99 | $6.94 | -13.14% | Hold |