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

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ERIC Stock Forecast

Telefonaktiebolaget LM Ericsson (publ) stock forecast is as follows: an average price target of $6.94 (represents a -13.90% downside from ERIC’s last price of $8.06) 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 -13.90% downside from ERIC's last price of $8.06.

ERIC Analyst Ratings

Hold

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%	-3.47%
Oct 24, 2022	Alexander Duval	Goldman Sachs	$6.10	$5.54	10.11%	-24.32%

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 -3.47% decrease from ERIC last price ($8.06).

Telefonaktiebolaget LM Ericsson (publ) Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$8.06	$8.06	$8.06
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 $8.06. 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
Jan 10, 2023	Exane BNP Paribas		Neutral	Downgrade
Oct 24, 2022	Goldman Sachs		Neutral	Downgrade
Jul 18, 2022	Credit Suisse	Outperform	Outperform	Hold
Apr 23, 2022	Cowen & Co.	Outperform	Outperform	Hold
Dec 20, 2021	Morgan Stanley		Equal-Weight	Initialise

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	$76.71B	$64.37B	$63.49B	$56.02B	$72.18B	$60.30B	$58.11B	$55.74B	$76.94B	$66.78B	$67.24B	$62.84B	$85.31B	$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	$72.06B	$60.46B	$59.63B	$55.81B	$69.73B	$59.50B	$58.11B	$55.74B	$72.28B	$62.73B	$63.16B	$59.03B	$80.14B	$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 $63.16B, and a high forecast of $67.24B. 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	$9.99B	$8.38B	$8.26B	$7.29B	$9.40B	$7.85B	$7.57B	$7.26B	$10.02B	$8.69B	$8.75B	$8.18B	$11.11B	$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	$9.38B	$7.87B	$7.76B	$7.27B	$9.08B	$7.75B	$7.57B	$7.26B	$9.41B	$8.17B	$8.22B	$7.68B	$10.43B	$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 $8.22B. 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	$8.12B	$4.80B	$3.26B	$3.12B	$11.23B	$3.24B	$1.26B	$61.36B	$5.09B	$1.48B	$-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	$7.48B	$4.42B	$3.01B	$2.87B	$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	$9.52B	$7.99B	$7.88B	$6.95B	$8.96B	$7.48B	$7.21B	$6.92B	$9.55B	$8.29B	$8.34B	$7.80B	$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	$8.94B	$7.50B	$7.40B	$6.93B	$8.65B	$7.38B	$7.21B	$6.92B	$8.97B	$7.78B	$7.84B	$7.32B	$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	$2.27	$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	$1.32	$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	$70.95	$101.56	43.14%	Hold
NOK	Nokia Oyj	$4.48	$6.35	41.74%	Buy
CCI	Crown Castle	$94.88	$118.60	25.00%	Hold
SWKS	Skyworks Solutions	$90.74	$104.29	14.93%	Hold
MRVL	Marvell	$112.25	$103.14	-8.12%	Buy
ERIC	Telefonaktiebolaget LM Ericsson (publ)	$8.21	$6.94	-15.47%	Hold

ERIC Forecast FAQ

Is Telefonaktiebolaget LM Ericsson (publ) a good buy?

No, according to 11 Wall Street analysts, Telefonaktiebolaget LM Ericsson (publ) (ERIC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 18.18% of ERIC's total ratings.

What is ERIC's price target?

Telefonaktiebolaget LM Ericsson (publ) (ERIC) average price target is $6.94 with a range of $6.1 to $7.78, implying a -13.90% from its last price of $8.06. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Telefonaktiebolaget LM Ericsson (publ) stock go up soon?

According to Wall Street analysts' prediction for ERIC stock, the company can go down by -13.90% (from the last price of $8.06 to the average price target of $6.94), down by -3.47% based on the highest stock price target, and down by -24.32% based on the lowest stock price target.

Can Telefonaktiebolaget LM Ericsson (publ) stock reach $12?

ERIC's average twelve months analyst stock price target of $6.94 does not support the claim that Telefonaktiebolaget LM Ericsson (publ) can reach $12 in the near future.

What are Telefonaktiebolaget LM Ericsson (publ)'s analysts' financial forecasts?

Telefonaktiebolaget LM Ericsson (publ)'s analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $244.7B (high $246.33B, low $243.08B), average EBITDA is $31.86B (high $32.07B, low $31.65B), average net income is $65.35B (high $77.09B, low $54.09B), average SG&A $30.36B (high $30.57B, low $30.16B), and average EPS is $4.48 (high $4.94, low $4.17). ERIC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $253.77B (high $260.59B, low $247.97B), average EBITDA is $33.04B (high $33.92B, low $32.28B), average net income is $18.48B (high $19.3B, low $17.79B), average SG&A $31.49B (high $32.33B, low $30.77B), and average EPS is $5.53 (high $5.78, low $5.33).

Did the ERIC's actual financial results beat the analysts' financial forecasts?

Based on Telefonaktiebolaget LM Ericsson (publ)'s last annual report (Dec 2022), the company's revenue was $271.55B, beating the average analysts forecast of $265.17B by 2.41%. Apple's EBITDA was $37.63B, beating the average prediction of $34.86B by 7.92%. The company's net income was $18.72B, missing the average estimation of $117.82B by -84.11%. Apple's SG&A was $35.69B, missing the average forecast of $75.52B by -52.74%. Lastly, the company's EPS was $5.62, missing the average prediction of $6.88 by -18.27%. In terms of the last quarterly report (Mar 2023), Telefonaktiebolaget LM Ericsson (publ)'s revenue was $62.55B, beating the average analysts' forecast of $60.78B by 2.92%. The company's EBITDA was $6.7B, missing the average prediction of $7.91B by -15.27%. Telefonaktiebolaget LM Ericsson (publ)'s net income was $1.52B, missing the average estimation of $44.66B by -96.61%. The company's SG&A was $9.12B, beating the average forecast of $7.54B by 20.90%. Lastly, the company's EPS was $0.46, missing the average prediction of $0.525 by -12.41%