Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC – Free Report) – Equities researchers at Zacks Research raised their FY2026 EPS estimates for shares of Telefonaktiebolaget LM Ericsson (publ) in a research report issued on Monday, May 5th. Zacks Research analyst R. Department now anticipates that the communications equipment provider will post earnings per share of $0.56 for the year, up from their prior forecast of $0.52. The consensus estimate for Telefonaktiebolaget LM Ericsson (publ)’s current full-year earnings is $0.48 per share. Zacks Research also issued estimates for Telefonaktiebolaget LM Ericsson (publ)’s Q1 2027 earnings at $0.14 EPS.
A number of other research analysts have also recently commented on the company. JPMorgan Chase & Co. upped their target price on Telefonaktiebolaget LM Ericsson (publ) from $8.90 to $9.80 and gave the company a “neutral” rating in a research note on Friday, April 11th. Kepler Capital Markets upgraded Telefonaktiebolaget LM Ericsson (publ) from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 16th. Finally, StockNews.com raised shares of Telefonaktiebolaget LM Ericsson (publ) from a “buy” rating to a “strong-buy” rating in a research note on Thursday, April 17th.
Telefonaktiebolaget LM Ericsson (publ) Price Performance
Telefonaktiebolaget LM Ericsson (publ) stock opened at $8.29 on Thursday. The firm has a market capitalization of $27.63 billion, a PE ratio of -829,000.00, a price-to-earnings-growth ratio of 3.89 and a beta of 0.96. Telefonaktiebolaget LM Ericsson has a 12-month low of $5.30 and a 12-month high of $8.90. The firm has a 50-day moving average price of $7.98 and a 200-day moving average price of $8.08. The company has a current ratio of 1.17, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC – Get Free Report) last issued its quarterly earnings data on Tuesday, April 15th. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The business had revenue of $5.68 billion for the quarter, compared to the consensus estimate of $55.83 billion. Telefonaktiebolaget LM Ericsson (publ) had a return on equity of 13.70% and a net margin of 0.06%.
Institutional Trading of Telefonaktiebolaget LM Ericsson (publ)
A number of hedge funds have recently added to or reduced their stakes in ERIC. Tidal Investments LLC increased its holdings in Telefonaktiebolaget LM Ericsson (publ) by 11.1% during the third quarter. Tidal Investments LLC now owns 30,197 shares of the communications equipment provider’s stock valued at $229,000 after buying an additional 3,026 shares during the period. GAMMA Investing LLC raised its position in shares of Telefonaktiebolaget LM Ericsson (publ) by 33.7% in the 4th quarter. GAMMA Investing LLC now owns 14,082 shares of the communications equipment provider’s stock worth $114,000 after acquiring an additional 3,548 shares in the last quarter. Diversified Trust Co lifted its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 68.7% during the 4th quarter. Diversified Trust Co now owns 343,965 shares of the communications equipment provider’s stock worth $2,772,000 after purchasing an additional 140,116 shares during the last quarter. Fulton Bank N.A. purchased a new stake in shares of Telefonaktiebolaget LM Ericsson (publ) during the 4th quarter worth $102,000. Finally, Aprio Wealth Management LLC boosted its position in Telefonaktiebolaget LM Ericsson (publ) by 102.6% during the fourth quarter. Aprio Wealth Management LLC now owns 31,975 shares of the communications equipment provider’s stock valued at $258,000 after purchasing an additional 16,196 shares in the last quarter. 7.99% of the stock is owned by hedge funds and other institutional investors.
About Telefonaktiebolaget LM Ericsson (publ)
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.
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