ericsson stock forecast

16 Wall Street analysts have issued ratings and price targets for Telefonaktiebolaget LM Ericsson (publ) in the last 12 months. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The communications equipment provider earned $6.48 billion during the quarter, compared to analyst estimates of $6.52 billion. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) issued its quarterly earnings data on Wednesday, October, 21st. The company has a strong radio system to enable telecom operators to rapidly roll out 5G services. The P/E ratio of Telefonaktiebolaget LM Ericsson (publ) is 24.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 93.70. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. www.ericsson.com . Some see Ericsson stock as a smart 5G play, but it appears too risky for smaller investors.More From InvestorPlace 2 Toxic Pot Stocks You Should Avoid 10 … Get daily stock ideas top-performing Wall Street analysts. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day! (Add your “outperform” vote. Given the current short-term trend, the stock is expected to rise 3.44% during the next 3 months and, with a 90% probability hold a price between $11.96 and $13.27 at the end of this 3-month period. See what's happening in the market right now with MarketBeat's real-time news feed. Telefonaktiebolaget LM Ericsson stock blogger sentiment is based on 19 bloggers opinions, the blogger sentiment for ERIC is more bullish than other stocks in the Technology sector. The communications equipment provider earns $235.19 million in net income (profit) each year or $0.11 on an earnings per share basis. With a 5-year investment, the revenue is expected to be around +71.56%. 16 analysts have issued 1 year target prices for Telefonaktiebolaget LM Ericsson (publ)'s stock. Telefonaktiebolaget LM Ericsson (publ) has a PEG Ratio of 0.55. WARNING: Trend forecast is still in the development phase and should be used with caution. View our earnings forecast for Telefonaktiebolaget LM Ericsson (publ). 3 Reasons to Be Long-Term Bullish on Ericsson Stock The company is positioned nicely for the 5G megatrend By Tom Taulli , InvestorPlace Writer & … Sr. VP, Chief Legal Officer, Head of Group Function Legal Affairs & Compliance and Sec. The communications equipment provider reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. Ericsson (ERIC) closed at $10.49 in the latest trading session, marking a -0.85% move from the prior day. Ericsson stock has been largely rangebound in the last year, but the company is making progress on 5G. The official website for Telefonaktiebolaget LM Ericsson (publ) is www.ericsson.com. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. featured in The Global Fintech Index 2020 as the top Fintech company of the country. To see all exchange delays and terms of use please see disclaimer. The consensus among Wall Street equities research analysts is that investors should "buy" Telefonaktiebolaget LM Ericsson (publ) stock. This suggests a possible upside of 6.9% from the stock's current price. You may vote once every thirty days. The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. Ericsson’s stock has a price return of 32% since my last buy recommendation. All rights reserved. "StockInvest.us" is a research service that provides financial data and technical analysis of publicly traded stocks. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Telefonaktiebolaget L M Ericsson Stock Forecast Over the next 52 weeks, Telefonaktiebolaget L M Ericsson has on average historically risen by 14.5 % based on the past 31 years of stock performance. The price has risen in 7 of the last 10 days and is up by 3.67% over the past 2 weeks. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 Commercialization is now moving at a rapid pace and by 2026, Ericsson forecasts that 80 percent of North American mobile subscriptions will be 5G, the highest level of any region in the world. Some cases might produce unexpected results such as negative prices at the end of the trend. Get short term trading ideas from the MarketBeat Idea Engine. The average price target represents a 12.13% increase from the last price of $12.04. Please log in to your account or sign up in order to add this asset to your watchlist. & Common Functions, Group CTO, Sr. VP & Head of Group Function Technology. STOCKHOLM, May 11 (Reuters) - Sweden's Ericsson ERICb.ST will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously, as a … XL Fleet (NYSE:XL) Stock: The Next Big EV Company? Identify stocks that meet your criteria using seven unique stock screeners. View analysts' price targets for Telefonaktiebolaget LM Ericsson (publ) or view Wall Street analyst' top-rated stocks. Per Trefis estimates, Ericsson’s adjusted EPS for 2020 is likely to be $0.48. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Earnings for Telefonaktiebolaget LM Ericsson (publ) are expected to grow by 28.81% in the coming year, from $0.59 to $0.76 per share. The average Ericsson Lm Telephone stock price prediction forecasts a potential upside of 16.32% from the current ERIC share price of $11.95. Telefonaktiebolaget LM Ericsson (publ) has a market capitalization of $38.97 billion and generates $24.04 billion in revenue each year. Based on aggregate information from My MarketBeat watchlists, some companies that other Telefonaktiebolaget LM Ericsson (publ) investors own include Nokia (NOK), NVIDIA (NVDA), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), AT&T (T), Alibaba Group (BABA) and Tesla (TSLA). With a 5-year investment, the revenue is expected to be around +55.08%. Your current $100 investment may be up to $155.08 in 2025. 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