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

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Analyst price target for ERIC

Based on 2 analysts offering 12 month price targets for Ericsson Lm Telephone Co.
Min Forecast
$8.00+22.14%
Avg Forecast
$8.50+29.77%
Max Forecast
$9.00+37.4%

Should I buy or sell ERIC stock?

Based on 5 analysts offering ratings for Ericsson Lm Telephone Co.
Buy
Strong Buy
1 analysts 20%
Buy
2 analysts 40%
Hold
2 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ERIC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Cowen & Co.
Bottom 8%
8
BuyMaintains$8.00+22.14%2022-10-21
Raymond James
Bottom 6%
6
BuyMaintains$9.00+37.40%2022-10-21
Barclays
Bottom 31%
31
Strong BuyInitiates Coverage OnN/AN/A2022-10-13
Redburn Partners
Top 49%
52
HoldInitiates Coverage OnN/AN/A2022-09-26
Jefferies
Bottom 43%
43
HoldInitiates Coverage OnN/AN/A2022-03-17
HoldDowngradesN/AN/A2022-02-28

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Forecast return on equity

Is ERIC forecast to generate an efficient return?
Company
22.08%
Industry
-30.82%
Market
50.61%
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
7.86%
Industry
12.41%
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 5 analysts?
Avg 1 year Forecast
$0.62-18.21%
Avg 2 year Forecast
$0.73-3.69%
Avg 3 year Forecast
$0.83+9.5%
ERIC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ERIC revenue forecast

What is ERIC's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$26.2B+1.35%
Avg 2 year Forecast
$27.0B+4.43%
Avg 3 year Forecast
$27.6B+6.74%
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
0.23%
Industry
12.37%
Market
20.09%
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
4.43%
Industry
4.66%
Market
6.54%
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$6.55$8.50+29.77%Buy
HPE$16.69$16.17-3.13%Hold
UI$300.80$298.00-0.93%Sell
ZBRA$274.86$445.00+61.90%Buy
NOK$5.05$6.50+28.71%Buy

Ericsson Lm Telephone Co Stock Forecast FAQ

Is Ericsson Lm Telephone Co Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: ERIC) stock is to Buy ERIC stock.

Out of 5 analysts, 1 (20%) are recommending ERIC as a Strong Buy, 2 (40%) are recommending ERIC as a Buy, 2 (40%) 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 2022-2024?

(NASDAQ: ERIC) Ericsson Lm Telephone Co's forecast annual earnings growth rate of 0.23% is not forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of 12.37%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.09%.

Ericsson Lm Telephone Co's earnings in 2022 is $2,409,129,511.On average, 5 Wall Street analysts forecast ERIC's earnings for 2022 to be $1,904,885,366, with the lowest ERIC earnings forecast at $1,812,713,494, and the highest ERIC earnings forecast at $2,119,953,069. On average, 5 Wall Street analysts forecast ERIC's earnings for 2023 to be $2,242,848,899, with the lowest ERIC earnings forecast at $1,659,093,706, and the highest ERIC earnings forecast at $2,427,192,644.

In 2024, ERIC is forecast to generate $2,550,088,474 in earnings, with the lowest earnings forecast at $2,457,916,602 and the highest earnings forecast at $2,611,536,389.

What is ERIC's revenue growth forecast for 2022-2024?

(NASDAQ: ERIC) Ericsson Lm Telephone Co's forecast annual revenue growth rate of 4.43% is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 4.66%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.54%.

Ericsson Lm Telephone Co's revenue in 2022 is $24,661,783,439.On average, 3 Wall Street analysts forecast ERIC's revenue for 2022 to be $80,377,498,299,307, with the lowest ERIC revenue forecast at $79,983,678,611,816, and the highest ERIC revenue forecast at $80,726,891,144,225. On average, 3 Wall Street analysts forecast ERIC's revenue for 2023 to be $82,816,458,219,118, with the lowest ERIC revenue forecast at $81,380,174,652,973, and the highest ERIC revenue forecast at $84,258,917,300,724.

In 2024, ERIC is forecast to generate $84,648,435,634,163 in revenue, with the lowest revenue forecast at $82,454,683,619,320 and the highest revenue forecast at $86,842,187,649,006.

What is ERIC's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: ERIC) forecast ROA is 7.86%, which is lower than the forecast US Communication Equipment industry average of 12.41%.

What is ERIC's Price Target?

According to 2 Wall Street analysts that have issued a 1 year ERIC price target, the average ERIC price target is $8.50, with the highest ERIC stock price forecast at $9.00 and the lowest ERIC stock price forecast at $8.00.

On average, Wall Street analysts predict that Ericsson Lm Telephone Co's share price could reach $8.50 by Oct 21, 2023. The average Ericsson Lm Telephone Co stock price prediction forecasts a potential upside of 29.77% from the current ERIC share price of $6.55.

What is ERIC's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: ERIC) Ericsson Lm Telephone Co's current Earnings Per Share (EPS) is $0.72. On average, analysts forecast that ERIC's EPS will be $0.62 for 2022, with the lowest EPS forecast at $0.59, and the highest EPS forecast at $0.69. On average, analysts forecast that ERIC's EPS will be $0.73 for 2023, with the lowest EPS forecast at $0.54, and the highest EPS forecast at $0.79. In 2024, ERIC's EPS is forecast to hit $0.83 (min: $0.80, max: $0.85).

What is ERIC's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: ERIC) forecast ROE is 22.08%, which is considered strong.
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