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NASDAQ: ERIC
Ericsson Lm Telephone Co Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ERIC

Based on 1 analyst offering 12 month price targets for Ericsson Lm Telephone Co.
Min Forecast
$7.78+55.29%
Avg Forecast
$7.78+55.29%
Max Forecast
$7.78+55.29%

Should I buy or sell ERIC stock?

Based on 1 analyst offering ratings for Ericsson Lm Telephone Co.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ERIC stock forecasts and price targets.

ERIC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-10-18

1 of 1

Forecast return on equity

Is ERIC forecast to generate an efficient return?
Company
N/A
Industry
19.13%
Market
39.73%

Forecast return on assets

Is ERIC forecast to generate an efficient return on assets?
Company
N/A
Industry
8.74%

ERIC revenue forecast

What is ERIC's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$25.0B-4.39%
Avg 2 year Forecast
$24.8B-5.12%
Avg 3 year Forecast
$25.7B-1.42%
ERIC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ERIC earnings growth forecast

How is ERIC forecast to perform vs Communication Equipment companies and vs the US market?
Company
25.14%
Industry
14.45%
Market
21.3%
ERIC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ERIC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ERIC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ERIC revenue growth forecast

How is ERIC forecast to perform vs Communication Equipment companies and vs the US market?
Company
-0.94%
Industry
0.45%
Market
6.55%
ERIC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ERIC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ERIC vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
ERIC$4.94$7.78+57.49%Strong Buy
NOK$3.52$5.61+59.46%Strong Buy
HPE$15.52$18.00+15.98%Hold
ZBRA$233.89$279.00+19.29%Buy
JNPR$27.49$31.30+13.86%Hold
View Top Communication Equipment Stocks

Ericsson Lm Telephone Co Stock Forecast FAQ

Is Ericsson Lm Telephone Co Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: ERIC) stock is to Strong Buy ERIC stock.

Out of 1 analyst, 1 (100%) are recommending ERIC as a Strong Buy, 0 (0%) are recommending ERIC as a Buy, 0 (0%) are recommending ERIC as a Hold, 0 (0%) are recommending ERIC as a Sell, and 0 (0%) are recommending ERIC as a Strong Sell.

If you're new to stock investing, here's how to buy Ericsson Lm Telephone Co stock.

What is ERIC's revenue growth forecast for 2023-2025?

(NASDAQ: ERIC) Ericsson Lm Telephone Co's forecast annual revenue growth rate of -0.94% is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 0.45%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.55%.

Ericsson Lm Telephone Co's revenue in 2023 is $25,617,547,169.On average, 4 Wall Street analysts forecast ERIC's revenue for 2023 to be $83,229,652,903,451, with the lowest ERIC revenue forecast at $81,474,798,823,223, and the highest ERIC revenue forecast at $83,887,657,750,808. On average, 4 Wall Street analysts forecast ERIC's revenue for 2024 to be $82,595,847,329,386, with the lowest ERIC revenue forecast at $80,953,237,467,317, and the highest ERIC revenue forecast at $83,993,950,508,120.

In 2025, ERIC is forecast to generate $85,820,808,929,216 in revenue, with the lowest revenue forecast at $82,998,439,483,084 and the highest revenue forecast at $89,882,695,960,960.

What is ERIC's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: ERIC) forecast ROA is N/A, which is lower than the forecast US Communication Equipment industry average of 8.74%.

What is ERIC's Price Target?

According to 1 Wall Street analyst that have issued a 1 year ERIC price target, the average ERIC price target is $7.78, with the highest ERIC stock price forecast at $7.78 and the lowest ERIC stock price forecast at $7.78.

The Wall Street analyst predicted that Ericsson Lm Telephone Co's share price could reach $7.78 by Oct 18, 2024. The average Ericsson Lm Telephone Co stock price prediction forecasts a potential upside of 57.49% from the current ERIC share price of $4.94.

What is ERIC's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: ERIC) forecast ROE is N/A, which is considered weak.
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