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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for ERIC

Based on 1 analyst offering 12 month price targets for Ericsson Lm Telephone Co.
Min Forecast
$5.90-20.59%
Avg Forecast
$5.90-20.59%
Max Forecast
$5.90-20.59%

Should I buy or sell ERIC stock?

Based on 1 analyst offering ratings for Ericsson Lm Telephone Co.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
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%2024-07-15

1 of 1

Forecast return on equity

Is ERIC forecast to generate an efficient return?
Company
21.36%
Industry
81.27%
Market
52.36%
ERIC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ERIC forecast to generate an efficient return on assets?
Company
7.1%
Industry
10.54%
ERIC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ERIC earnings per share forecast

What is ERIC's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$0.41
Avg 2 year Forecast
$0.51
Avg 3 year Forecast
$0.62

ERIC revenue forecast

What is ERIC's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$23.5B-10.18%
Avg 2 year Forecast
$24.4B-6.74%
Avg 3 year Forecast
$25.4B-2.67%
ERIC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ERIC revenue growth forecast

How is ERIC forecast to perform vs Communication Equipment companies and vs the US market?
Company
-2.66%
Industry
17.69%
Market
8.64%
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$7.43$5.90-20.59%Hold
NOK$4.33$5.38+24.25%Buy
HPE$20.86$21.42+2.67%Buy
ZBRA$365.24$362.33-0.80%Buy
UI$223.83$172.00-23.16%Sell
View Top Communication Equipment Stocks

Ericsson Lm Telephone Co Stock Forecast FAQ

Is Ericsson Lm Telephone Co Stock a good buy in 2024, according to Wall Street analysts?

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

Out of 1 analyst, 0 (0%) are recommending ERIC as a Strong Buy, 0 (0%) are recommending ERIC as a Buy, 1 (100%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: ERIC) Ericsson Lm Telephone Co's forecast annual earnings growth rate of N/A is not forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of 19.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.03%.

Ericsson Lm Telephone Co's earnings in 2024 is -$2,587,671,232.On average, 4 Wall Street analysts forecast ERIC's earnings for 2024 to be $1,354,381,453, with the lowest ERIC earnings forecast at $1,070,128,555, and the highest ERIC earnings forecast at $1,672,075,868. On average, 5 Wall Street analysts forecast ERIC's earnings for 2025 to be $1,718,893,992, with the lowest ERIC earnings forecast at $1,538,309,798, and the highest ERIC earnings forecast at $2,006,491,041.

In 2026, ERIC is forecast to generate $2,062,338,375 in earnings, with the lowest earnings forecast at $1,973,049,524 and the highest earnings forecast at $2,207,140,145.

What is ERIC's revenue growth forecast for 2024-2026?

(NASDAQ: ERIC) Ericsson Lm Telephone Co's forecast annual revenue growth rate of -2.66% is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 17.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.64%.

Ericsson Lm Telephone Co's revenue in 2024 is $25,768,199,608.On average, 4 Wall Street analysts forecast ERIC's revenue for 2024 to be $78,478,813,958,078, with the lowest ERIC revenue forecast at $77,194,592,808,803, and the highest ERIC revenue forecast at $79,644,317,720,760. On average, 4 Wall Street analysts forecast ERIC's revenue for 2025 to be $81,482,470,851,724, with the lowest ERIC revenue forecast at $78,990,201,641,394, and the highest ERIC revenue forecast at $83,157,850,741,138.

In 2026, ERIC is forecast to generate $85,040,551,317,363 in revenue, with the lowest revenue forecast at $82,270,948,259,498 and the highest revenue forecast at $87,202,267,849,447.

What is ERIC's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: ERIC) forecast ROA is 7.1%, which is lower than the forecast US Communication Equipment industry average of 10.54%.

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 $5.90, with the highest ERIC stock price forecast at $5.90 and the lowest ERIC stock price forecast at $5.90.

The Wall Street analyst predicted that Ericsson Lm Telephone Co's share price could fall to $5.90 by Jul 15, 2025. The average Ericsson Lm Telephone Co stock price prediction forecasts a potential downside of 20.59% from the current ERIC share price of $7.43.

What is ERIC's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: ERIC) Ericsson Lm Telephone Co's current Earnings Per Share (EPS) is -$0.78. On average, analysts forecast that ERIC's EPS will be $0.41 for 2024, with the lowest EPS forecast at $0.32, and the highest EPS forecast at $0.50. On average, analysts forecast that ERIC's EPS will be $0.51 for 2025, with the lowest EPS forecast at $0.46, and the highest EPS forecast at $0.60. In 2026, ERIC's EPS is forecast to hit $0.62 (min: $0.59, max: $0.66).

What is ERIC's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: ERIC) forecast ROE is 21.36%, which is considered strong.
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