ERIC - Telefonaktiebolaget LM Ericsson B

Exchange: USA Stocks • Country: Sweden • Currency: USD • Type: Common Stock • ISIN: US2948216088

Mobile Networks, Cloud Software, Enterprise Solutions, Telecom Infrastructure

Telonaktiebolaget LM Ericsson (publ) is a leading provider of mobile connectivity solutions, catering to the needs of telecom operators and enterprise customers across the globe. With a strong presence in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India, the company offers a wide range of innovative solutions to its customers.

The company operates through four key segments: Networks, Cloud Software and Services, Enterprise, and Other. The Networks segment is responsible for providing radio access network (RAN) solutions, including purpose-built and open RAN-prepared hardware and software, as well as cloud RAN, transport solutions, and a range of service portfolios covering network deployment and support.

The Cloud Software and Services segment focuses on delivering core networks, business and operational support systems, network design and optimization, and managed network services. This segment enables telecom operators to efficiently manage their networks, reduce costs, and improve customer experience.

The Enterprise segment offers a comprehensive communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service. Additionally, the company provides enterprise wireless solutions, comprising private wireless networks and wireless WAN pre-packaged solutions, as well as technologies and new business solutions, such as mobile financial services, security solutions, and advertising services.

The Other segment includes Redbee media, which specializes in preparing and distributing live and video services for broadcasters, sports leagues, and communications service providers. The company's services are available through a network of wholesalers and distributors.

With a rich history dating back to 1876, Telefonaktiebolaget LM Ericsson (publ) has evolved over the years to become a pioneer in the telecommunications industry. Headquartered in Stockholm, Sweden, the company continues to innovate and push the boundaries of mobile connectivity, shaping the future of communication.

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Drawdown / Underwater Chart for ERIC - Telefonaktiebolaget LM Ericsson B

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for ERIC - Telefonaktiebolaget LM Ericsson B

ERIC Stock Overview

Market Cap in USD 20,715m
Sector Technology
Industry Communication Equipment
GiC SubIndustry Communications Equipment
TER 0.00%
IPO / Inception 1989-09-28

ERIC Stock Ratings

Growth 5y -14.2
Fundamental 41.7
Dividend 49.46
Rel. Performance vs Sector -0.83
Analysts 3.67/5
Fair Price Momentum 6.89 USD
Fair Price DCF 109.69 USD

ERIC Dividends

Dividend Yield 12m 3.74%
Yield on Cost 5y 2.99%
Dividends CAGR 5y 18.55%
Payout Consistency 67.0%

ERIC Growth Ratios

Growth 12m 39.62%
Growth Correlation 12m 48%
Growth Correlation 3m 77%
CAGR 5y -4.34%
CAGR/Mean DD 5y -0.14
Sharpe Ratio 12m 1.26
Alpha vs SP500 12m 12.61
Beta vs SP500 5y weekly 1.03
ValueRay RSI 89.64
Volatility GJR Garch 1y 31.36%
Price / SMA 50 12.84%
Price / SMA 200 24.16%
Current Volume 36540.9k
Average Volume 20d 13794.9k

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What is the price of ERIC stocks?
As of July 14, 2024, the stock is trading at USD 6.68 with a total of 36,540,860 shares traded.
Over the past week, the price has changed by +7.40%, over one month by +9.51%, over three months by +36.61% and over the past year by +42.60%.
What are the forecast for ERIC stock price target?
According to ValueRays Forecast Model, ERIC Telefonaktiebolaget LM Ericsson B will be worth about 7.5 in July 2025. The stock is currently trading at 6.68. This means that the stock has a potential upside of +12.72%.
Issuer Forecast Upside
Wallstreet Target Price 4.6 -31.9
Analysts Target Price 14.8 121
ValueRay Target Price 7.5 12.7