ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.54
-1.05 (-10.95%)
At close: 4:00PM EDT

8.56 +0.02 (0.23%)
After hours: 6:02PM EDT

Stock chart is not supported by your current browser
Previous Close9.59
Open8.87
Bid8.52 x 43500
Ask8.56 x 41800
Day's Range8.46 - 8.87
52 Week Range7.63 - 10.46
Volume29,210,262
Avg. Volume6,320,550
Market Cap28.194B
Beta (3Y Monthly)0.28
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.11 (1.14%)
Ex-Dividend Date2019-03-28
1y Target EstN/A
Trade prices are not sourced from all markets
  • Motley Fool2 hours ago

    Why Textron, Nu Skin Enterprises, and Ericsson Slumped Today

    These stocks helped contribute to the broader market's losses.

  • Why LM Ericsson's Stock Fell 12% Today
    Motley Fool6 hours ago

    Why LM Ericsson's Stock Fell 12% Today

    Investors took some profits off the table after an earnings report that delivered solid results but failed to set the world on fire.

  • Telefonaktiebolaget LM Ericsson (ERIC) Q2 Earnings Conference Call Transcript
    Motley Fool7 hours ago

    Telefonaktiebolaget LM Ericsson (ERIC) Q2 Earnings Conference Call Transcript

    ERIC earnings call for the period ending June 30, 2019.

  • InvestorPlace4 hours ago

    3 Hot Investing Trends: Next Steps and Big Opportunities

    That cracking sound you heard last week was the stock market breaking through its previous highs to set all-time records.Source: Shutterstock That moaning sound you heard was investors who thought: a) stocks would keep falling after the pullback in May, or b) stocks were at all-time highs and couldn't keep going higher.Either way, they're missing out.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI hope you're not one of them. But if you are, it's not too late. That's my message to anyone who will listen to me.I for one am all in on stocks. That shouldn't surprise you if you're a regular MoneyWire reader. In My Top 10 Predictions for 2019 from last December, I said the S&P 500 Index would be up a minimum of 25% at some point during the year. As of today, it's up 21%. We're close.I am more confident than ever that the market will top 25% gains in the coming months. I like the current environment, and I also just came across pretty compelling historical data that is perfect for current conditions. I'll have more for you on that next week.The U.S. stock market continues to be the greatest wealth creator in the history of mankind. If you want to live the life of your dreams, you need to be invested in stocks -- especially companies leading the way in massive, unstoppable trends that are changing our world.These are the themes I research deeply and talk to so many industry insiders about.They are themes that you can profit from in multiple ways.And they are the themes that give you the absolute best chances to make 2X, 3X, 5X, or even 10X your money.Let's check in on some of the latest news in those trends. Another Step on the Path to LegalizationWe have to start with marijuana. It may be the hottest theme right now, and it's a monster opportunity that just got better.We continue to get more signals that legalization is around the corner, and the latest is a big one. Last Wednesday, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security held a hearing in which reform of marijuana laws was discussed.As I wrote last week, the need for reform is something both parties actually agree on. There still needs to be agreement on exactly what reform would look like, whether it's decriminalization, changing marijuana's status as a Schedule 1 drug, opening up banking laws for marijuana companies, or leaving the decision to the states.Any of those options move us closer to full legalization and will supercharge the already huge opportunity.Also this week, another one of our stocks joined the Pot Jumpers club as KushCo Holdings (OTCMKTS:KSHB) applied to uplist to the Nasdaq Composite from the Over-the-Counter (OTC) Exchange.Jumper Stocks are one of the most exciting opportunities in the exploding legal marijuana industry. These jumps from the minor leagues to the major leagues give companies instant credibility, access to institutional buyers previously forbidden from owning shares, and increased coverage from analysts.All of it is like fuel for the rocket ship. (I actually just recommended my newest Pot Jumper stock, which is a bit different than our others and is in great position. I'm targeting at least 3.5X our initial investment.)We've seen a few marijuana stocks make the jump already this year, but less than 10% of all cannabis-related companies currently trade on the big exchanges. This trend is still in its very early stages, so expect a lot more uplistings in the future.I also want to let you know that I'm about finished beta testing a new way to make money in marijuana stocks. I don't see anyone else doing this yet, but the early results are incredible. (You can learn more about it here, including how to get access to it for free when it's ready to go.) Big Names Continue to Pour Big Money Into Transportation 2.0"Our industry is going to change more deeply in the coming 10 years than in the 100 years before."Matthias Muller, the then CEO of Volkswagen, spoke those words in May 2017. A little more than two years later, the world's second largest car maker is investing a lot of money in what's to come.This morning, Volkswagen (OTCMKTS:VWAGY) and Ford Motor (NYSE:F) expanded on an existing partnership, adding both electric vehicles (EVs) and autonomous vehicles (AVs) to the list of things they're working on. Ford had already invested $1 billion in Argo AI, a private company developing a self-driving system. Volkswagen will invest $2.6 billion in the same company.Volkswagen has also already invested about $10 billion in developing EVs, while Ford is investing $11 billion over the next several years.The stakes are so big that other companies usually viewed as competitors have teamed up to develop EVs and AVs, including General Motors (NYSE:GM) and Honda Motor (NYSE:HMC) as well as BMW (OTCMKTS:BMWYY) and Daimler (OTCMKTS:DMLRY).When an industry like transportation is disrupted, it will lead to trillions of dollars moving from the old to the new. You want to invest in companies that will be on the receiving end of these trillions of dollars on the move. Investors can make a tremendous amount of money in a short time. What's coming is going to be that powerful. 5G Makes HistoryLongtime readers know I'm a huge sports fan, so I especially love it when sports and technology come together … not to mention investing opportunities.Last Thursday, the NBA broadcast a Summer League game between the Atlanta Hawks and the Washington Wizards using smartphones and 5G technology. The game was on in several places, including the ESPN app, NBA TV Canada, and NBA League Pass. AT&T (NYSE:T) provided the 5G network. Samsung provided the smartphones. And Ericsson (NASDAQ:ERIC) provided the network infrastructure.The 5G network is the biggest breakthrough yet in this age of wireless communications. Just as there were fortunes made in prior generations, there will be big money made once again. In fact, I think the opportunity is even bigger now because the leap ahead will drive some of the most powerful tech trends the world has seen -- cloud computing, virtual reality, smart cities, healthcare, autonomous vehicles, and on and on.I think of it as the next-generation toll road. The road to the future passes through 5G, and it's time to set up our booth and start collecting.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Hot Investing Trends: Next Steps and Big Opportunities appeared first on InvestorPlace.

  • Ericsson (ERIC) Q2 Earnings Miss, Sales Up Y/Y, Stock Down
    Zacks9 hours ago

    Ericsson (ERIC) Q2 Earnings Miss, Sales Up Y/Y, Stock Down

    Higher y-o-y sales in network business aid Ericsson's (ERIC) second-quarter results. However, shares are down in pre-market as large-scale deployments are expected to hurt margins in the short term.

  • Ericsson Ends Run of Earnings Beats With Asia Warning
    Bloomberg10 hours ago

    Ericsson Ends Run of Earnings Beats With Asia Warning

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Ericsson AB posted earnings that missed analyst estimates for the first time in six quarters and warned its rollout of 5G mobile networks in Asia would weigh on profits, in a rare setback to Chief Executive Officer Borje Ekholm’s turnaround efforts.With Ericsson battling Finland’s Nokia Oyj and China’s Huawei Technologies Co. for pole position in 5G, Ericsson said the first big deployments in Asia will gradually pull down margins, although not enough to jeopardize profitability targets for 2020.Wireless operators are preparing for heavy spending on the new networks that offer super-fast download speeds, minimal delay and capacity for more simultaneous connections. Their suppliers are likely to sacrifice short-term profits to win the first big contracts as that gives them a better chance of securing longer-term business.With Huawei targeted by a U.S. campaign to have it blocked on security grounds, its Nordic rivals may be able to pick up more work. In an interview on Bloomberg TV, Ekholm said Ericsson is gaining market share, though it hasn’t won any contracts as a direct result of Huawei’s troubles.“We’re trying to strengthen our footprint in front of the 5G rollout,” he said. “Of course that is going to impact the margins, but as you see on networks, we can really manage that within the guidance we have given.’’Ericsson shares, which gained after the previous five quarterly reports, fell as much as 7.6%, the most since January 2018. The stock had risen 33% in the past year as Ekholm’s two-year effort to reverse a slump in profits begins to pay off.New Street Research’s Pierre Ferragu said lower-margin 5G deployments could hold back Ericsson’s profitability in the near term and, while the company has seen brisk business with U.S. operators this year, those revenues may be challenging to maintain.“We see Ericsson fully benefiting from the 5G cycle in 2021,” the analyst wrote. However, 2020 could be a “surprisingly painful” transition year, he added.Analyst Miss?Ekholm has ended a run of disastrous results by cutting costs, dropping unprofitable business lines and investing more in research so Ericsson can ride the wave of 5G spending. He’s cautioned that the company may experience temporary setbacks as its focus is on building a stronger business in the longer run.Ericsson Investors Start to Enjoy Life Without Nasty SurprisesThe Swedish vendor’s adjusted operating profit rose to 3.9 billion kronor ($415 million) from 2.0 billion kronor a year earlier. That compared with the average estimate of 4.4 billion kronor in a Bloomberg survey of analysts.All of Ericsson’s businesses units except its networks division posted results below estimates, showing Ekholm has more work to do after a successful turnaround of the company’s biggest unit. The CEO suggested that analysts may have been overestimating results in the digital services and managed services units.“I sometimes like to say that maybe the analysts have missed,” Ekholm said. “We have said that improvements will not be linear and they will vary from quarter to quarter.”(Adds analyst comment from eighth paragraph.)\--With assistance from Kit Rees.To contact the reporter on this story: Niclas Rolander in Stockholm at nrolander@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, Thomas Pfeiffer, Marthe FourcadeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • European markets subdued on trade war concerns but inflation data buoys stimulus hopes
    MarketWatch12 hours ago

    European markets subdued on trade war concerns but inflation data buoys stimulus hopes

    European markets were subdued on Wednesday as trade war concerns spilled over onto the continent but Eurozone inflation data maintained hopes of fresh stimulus.

  • Ericsson warns on negative margin impact, shares fall 7%
    Reuters13 hours ago

    Ericsson warns on negative margin impact, shares fall 7%

    Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year. Instead, Ericsson said it was on track to meet its financial targets for 2020 and 2022 due to strong demand for 5G equipment. The mobile network equipment maker has staked its recovery on growing demand for next-generation 5G equipment.

  • Reuters16 hours ago

    UPDATE 2-Ericsson warns on negative margin impact, shares fall 7%

    Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year. Instead, Ericsson said it was on track to meet its financial targets for 2020 and 2022 due to strong demand for 5G equipment. The mobile network equipment maker has staked its recovery on growing demand for next-generation 5G equipment.

  • TheStreet.com13 hours ago

    Ericsson Skids After Noting Weaker Profit Margins Needed to Win Big 5G Contracts

    Ericsson shares skidded lower Wednesday after the network equipment maker posted solid second quarter earnings but said it would likely face weaker near-term profit margins as it moved to win bigger 5G contracts from rivals such as Finland's Nokia and China's Huawei Technologies.

  • Verizon, Ericsson to Bring Cloud Native Tech in Live Network
    Zacksyesterday

    Verizon, Ericsson to Bring Cloud Native Tech in Live Network

    Verizon (VZ) and Ericsson (ERIC) exhibit how cloud native Evolved Packet Core technology can be crucial in increasing efficiency and utilization of the cloud infrastructure.

  • T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee
    Zacksyesterday

    T-Mobile Unveils NB-IoT Asset Tracking Solution With Roambee

    T-Mobile (TMUS) and Roambee aim to provide a comprehensive asset tracking solution that works exclusively on Narrowband Internet of Things network.

  • Reutersyesterday

    UPDATE 1-Norway's Telenor CEO sees decision on 5G supplier in Q4

    Telenor expects to decide on its supplier of 5G technology in the fourth quarter of 2019, its CEO told Reuters, despite having as yet no clarification from Norwegian authorities as to whether Huawei can be one of them. The Nordic country's government has for months been assessing measures to reduce potential vulnerabilities in its telecoms industry and, like other U.S. allies, is under pressure from Washington not to allow the Chinese company as a supplier.

  • Ericsson (ERIC) to Report Q2 Earnings: What's in Store?
    Zacks2 days ago

    Ericsson (ERIC) to Report Q2 Earnings: What's in Store?

    Healthy demand for core 5G technology and equipment will likely drive Ericsson's (ERIC) Q2 revenues. However, unfavorable mix between coverage & capacity and services is expected to weigh on margins.

  • Reuters5 days ago

    Sweden's Ericsson sees Brazil switching on 5G network by early 2021

    Swedish telecoms equipment maker Ericsson expects Brazil to switch on its fifth-generation (5G) network by early 2021, several months after a spectrum auction set for March next year, a top executive told Reuters. The company is working closely with local operators and Brazilian telecoms regulator Anatel to test the technology ahead of the long-awaited auction, said Eduardo Ricotta, president of Ericsson Latam South, in a Thursday interview. "Cleaning up the bandwidth is necessary because some of the frequencies to be allocated to 5G might have interferences with satellites," Ricotta said.

  • Telecom Firms Collaborate to Deliver 5G on Low-Band Spectrum
    Zacks5 days ago

    Telecom Firms Collaborate to Deliver 5G on Low-Band Spectrum

    Collaboration between tech firms is likely to serve as a major landmark in the 5G history of the country, and sow the seeds for delivering the state-of-the-art technology beyond urban areas.

  • Motorola Buys WatchGuard, Expands Mission-Critical Ecosystem
    Zacks5 days ago

    Motorola Buys WatchGuard, Expands Mission-Critical Ecosystem

    The acquisition of WatchGuard adds new capabilities to Motorola's (MSI) video security solutions portfolio.

  • Seriously, Nokia’s 5G Portfolio Makes NOK Stock Worth a Shot
    InvestorPlace5 days ago

    Seriously, Nokia’s 5G Portfolio Makes NOK Stock Worth a Shot

    Back in late May, yours truly suggested the 5G opportunity Nokia (NYSE:NOK) has ahead of it made NOK stock a buy. The 37 commercial 5G contracts Nokia had inked at the time was lighting the path ahead for Finland's telecom-tech giant, despite the fact that NOK was still facing its share of headaches.Source: Shutterstock In the meantime, the figure has been ramped up to 42 contracts. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond But that early-June news did nothing to bolster beaten-down Nokia stock. However, a rebound of NOK stock may be in the works. The comeback is just going to take some time to pan out, as NOK does indeed appear to have become a "show me first" stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe show is coming. Setting the StageOne of the 42 5G deals that NOK has received was with Taiwan Star Telecom, which is growing its existing network to prepare for 5G service. It was the "off the shelf," complete nature of Nokia's portfolio that made NOK the easy choice for TST.China Mobile (NYSE CHL) confirmed at last month's Mobile World Congress that it would be the first to utilize Nokia's Massive MIMO solution, laying the ground work for its 5G network. China Unicom (NYSE:CHU) announced on Wednesday that Nokia's optical fronthaul hardware would help usher in its foray into 5G. Sprint (NYSE:S), T-Mobile (NASDAQ:TMUS) and BT Group (NYSE:BT) are all also tapping Nokia for help on the 5G front.Given NOK's confirmed 5G contracts, CEO Rajeev Suri's June comment that his company wins "two-thirds of the time" when competing with rival Ericsson (NYSE:ERIC) for new business isn't a tough idea to believe. His company is making new deals at a pace Ericsson has somehow been unable to keep up with.But that just hasn't mattered to investors, who ultimately dictate the price of NOK stock. Slow Moving, But Not That SlowWhen Nokia's CEO, Suri, commented in May that "5G is not the future anymore. It is here, and Nokia is leading it. We are winning deals and rolling out some of the world's first 5G networks" he didn't necessarily mean that NOK was literally in the process of rolling out 5G networks.For that matter, he didn't mean that it would launch the networks during that week or month. It can take several weeks -- if not months -- just to put the new hardware in place and put it into operation. In some cases, the installations called for by inked contracts likely aren't even scheduled to happen until next year.Revenue from such deals can't be booked yet, of course, and none has been. NOK made that point in conjunction with its Q1 report, and Suri reiterated it last month. The publicly available details of those contracts are minimal, at best; NOK doesn't divulge the specifics of deals it makes, nor should it.With 42 contracts in hand, however, analysts and investors alike are arguably underestimating how much revenue is in its pipeline for the latter part of this year and all of next year.Meanwhile, NOK will sign additional 5G deals, which aren't factored into most analysts' estimates.Analysts' alarmingly anemic average estimates for NOK adds further credence to that theory. They've estimated that its revenue will drop by 3%, and only recover by about as much in 2020. The following year's revenue growth outlook is only marginally better. Earnings per share is projected to improve at a faster clip, but still modestly, and still not rapidly until 2021. Click to EnlargeIt's going to take some time for Nokia's 5G opportunity to bear fruit, but it may not take nearly as much time as the pros are suggesting. The Bottom Line on NOK StockSo far, NOK has gotten little to no credit for its newly-won contracts, as investors struggle to get past the company's disappointing first -quarter results. Unfortunately, the upcoming second -quarter results may be equally disappointing.Any Q2 trouble may already be more than priced into Nokia stock, though.Whatever's in the cards, from Q3 on, the telecom technology giant is far better positioned to top revenue and earnings estimates than most investors appear to believe. The weakness of Nokia stock since April is still a dip worth buying if you can stomach a few quarters of volatility.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The post Seriously, Nokia's 5G Portfolio Makes NOK Stock Worth a Shot appeared first on InvestorPlace.

  • BlackBerry (BB) Introduces CylanceGUARD to Monitor Threats
    Zacks6 days ago

    BlackBerry (BB) Introduces CylanceGUARD to Monitor Threats

    BlackBerry's (BB) CylanceGUARD solution simplifies complex technologies and workflows while reducing the time it takes to act against attack proliferation.

  • 5 Technology Stocks Set to Beat Estimates in Q2 Earnings
    Zacks6 days ago

    5 Technology Stocks Set to Beat Estimates in Q2 Earnings

    Here we pick five technology stocks that are likely to post positive earnings surprise in Q2.

  • Viasat's Community Wi-Fi to Help Close Digital Gap in Brazil
    Zacks6 days ago

    Viasat's Community Wi-Fi to Help Close Digital Gap in Brazil

    By launching Community Wi-Fi in Brazil, Viasat (VSAT) provides a way for Brazilians to have Internet access at affordable price points.

  • Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know
    Zacks7 days ago

    Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Ericsson (ERIC) closed at $9.51, marking a +0.74% move from the previous day.

  • China Could Be a Roadblock in Cisco's Acacia Acquisition
    Zacks7 days ago

    China Could Be a Roadblock in Cisco's Acacia Acquisition

    Cisco has announced its agreement to buy Acacia, which has a big China exposure.

  • Ericsson to Produce 5G Kits in US as It Pursues IoT Dollars
    Market Realist7 days ago

    Ericsson to Produce 5G Kits in US as It Pursues IoT Dollars

    Ericsson plans to begin production of some 5G kits in the US early next year. It says its new US factory will be fully automated.