ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
7.77
+0.06 (+0.78%)
At close: 4:00PM EDT
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Previous Close7.71
Open0.00
Bid7.65 x 38800
Ask8.00 x 1200
Day's Range7.67 - 7.78
52 Week Range5.52 - 8.05
Volume2,095,810
Avg. Volume5,698,519
Market Cap25.456B
Beta0.96
PE Ratio (TTM)N/A
EPS (TTM)-0.90
Earnings DateN/A
Forward Dividend & Yield0.13 (1.62%)
Ex-Dividend Date2018-04-02
1y Target Est7.36
Trade prices are not sourced from all markets
  • Reuters3 days ago

    Ericsson needs industries to embrace 5G to underpin its recovery

    STOCKHOLM/LONDON (Reuters) - Ericsson needs a range of industries to embrace 5G network services if the equipment maker is to get a long-term boost that would allow it to progress from cost-cutting to expansion. For now, the Swedish company is focusing on a cost-savings plan running until 2020 to shore up profitability, hoping that growth will then return as the pace of 5G network upgrades picks up early in the following decade. Having struggled with flagging revenue since 4G sales peaked in the middle of the decade, Ericsson is pinning its hopes for revived growth on the emergence of new mobile businesses in 10 broad sectors such as manufacturing, energy and public safety.

  • Ericsson needs industries to embrace 5G to underpin its recovery
    Reuters3 days ago

    Ericsson needs industries to embrace 5G to underpin its recovery

    STOCKHOLM/LONDON (Reuters) - Ericsson needs a range of industries to embrace 5G network services if the equipment maker is to get a long-term boost that would allow it to progress from cost-cutting to expansion. For now, the Swedish company is focusing on a cost-savings plan running until 2020 to shore up profitability, hoping that growth will then return as the pace of 5G network upgrades picks up early in the following decade. Having struggled with flagging revenue since 4G sales peaked in the middle of the decade, Ericsson is pinning its hopes for revived growth on the emergence of new mobile businesses in 10 broad sectors such as manufacturing, energy and public safety.

  • InvestorPlace5 days ago

    A Safe Dividend Makes Verizon Communications Inc. Stock a Safe Bet

    While AT&T Inc. (NYSE:T) has gone haring off after video content with its Time Warner Corp. (NYSE:TWX) acquisition, Verizon Communications Inc. (NYSE:VZ) seems to have stayed at home, hiring a telecom equipment executive as its next CEO. It will be interesting to see what he does for Verizon stock. The trouble is, Verizon can’t afford to play the big media game.

  • PR Newswire12 days ago

    5G on a Roll, Cellular IoT Deployments Ramping Up -- Ericsson Mobility Report

    WASHINGTON , June 12, 2018 /PRNewswire/ -- 3.5 billion IoT cellular connections predicted for 2023 5G commercial launches this year; North America seen leading the 5G uptake 20 percent of global mobile ...

  • PR Newswire12 days ago

    5G on a Roll, Cellular IoT Deployments Ramping Up - Ericsson Mobility Report

    WASHINGTON , June 12, 2018 /PRNewswire/ -- 3.5 billion IoT cellular connections predicted for 2023 5G commercial launches this year; North America seen leading the 5G uptake 20 percent of global mobile ...

  • PR Newswire12 days ago

    5G on a Roll, Cellular IoT Deployments Ramping Up - Ericsson Mobility Report

    WASHINGTON , June 12, 2018 /PRNewswire/ -- 3.5 billion IoT cellular connections predicted for 2023 5G commercial launches this year; North America seen leading the 5G uptake 20 percent of global mobile ...

  • Reuters12 days ago

    Ericsson doubles its 2023 forecast for IoT connections

    Ericsson (ERICb.ST) has almost doubled its forecast for connected cellular Internet of Things (IoT) in 2023 to 3.5 billion, the mobile telecom gear maker said on Tuesday. "The forecast for cellular IoT connections has almost doubled, due to ongoing large-scale deployments in China," Ericsson said in its semi-annual mobility report. IoT, which gives billions of devices such as electric meters or vending machines the capability to send and receive data, is expected to give telecom operators some tailwind for revenue growth.

  • Ericsson doubles its 2023 forecast for IoT connections
    Reuters12 days ago

    Ericsson doubles its 2023 forecast for IoT connections

    Ericsson has almost doubled its forecast for connected cellular Internet of Things (IoT) in 2023 to 3.5 billion, the mobile telecom gear maker said on Tuesday. "The forecast for cellular IoT connections has almost doubled, due to ongoing large-scale deployments in China," Ericsson said in its semi-annual mobility report. IoT, which gives billions of devices such as electric meters or vending machines the capability to send and receive data, is expected to give telecom operators some tailwind for revenue growth.

  • Financial Times12 days ago

    [$$] Ericsson bullish on 5G despite rivals’ doubts

    Ericsson has issued bullish forecasts on the prospects for 5G, predicting commercial launches this year even as rival companies struggle to justify the investment needed for the network upgrade. The Swedish telecoms equipment provider expects there to be 3.5bn “internet of things” connections running over 5G by 2023, and 1bn consumers on the faster networks, representing 12 per cent of projected mobile subscriptions. Fredrik Jejdling, Ericsson’s head of business area networks, said the cycle was “happening faster” than he expected a year ago driven by US networks including Verizon and T-Mobile USA that are pushing ahead with launches of the technology.

  • Ericsson, MTS to Deploy Massive MIMO in Russia for FIFA Fans
    Zacks13 days ago

    Ericsson, MTS to Deploy Massive MIMO in Russia for FIFA Fans

    Ericsson's (ERIC) deal with MTS will allow football fans to experience ultra-high data speeds at various public places in seven of the 11 tournament cities, without any loss in speed or quality.

  • TheStreet.com13 days ago

    How Verizon's CEO Change Could Impact Cisco, T-Mobile, Google and Others

    chief Hans Vestberg its new CEO could lead Big Red to prioritize network and telecom service investments relative to its oft-questioned online media efforts. Given Verizon's size and reach, such a strategy change could impact a very long list of companies, from telecom rivals to equipment suppliers to online ad firms to startups and smaller companies that Vestberg and his team think could help Verizon achieve its goals. To recap: Verizon announced on Friday morning that long-time CEO Lowell McAdam will be stepping down at the end of July, and would be replaced by Vestberg.

  • New Verizon CEO: 8 Things to Know About Hans Vestberg
    InvestorPlace16 days ago

    New Verizon CEO: 8 Things to Know About Hans Vestberg

    The announcement that there’s a new Verizon CEO on the way was made by the company in a press release today. The company says that this change will have Hans Vestberg taking over as CEO on August 1, 2018. This will have him replacing current CEO Lowell McAdam.

  • Ericsson to Transform Movistar Argentina's Mobile Network
    Zacks16 days ago

    Ericsson to Transform Movistar Argentina's Mobile Network

    Ericsson (ERIC) signs deal to transform Movistar Argentina's Radio Access Network over the next three years.

  • PR Newswire16 days ago

    Ericsson and MTS to Deliver Superior Mobile Broadband Experiences for Football Fans at Tournament in Russia

    - Tournament to see Europe's largest deployment of Massive MIMO to date - Ericsson AIR 6468, the industry's first 5G New Radio-capable radio, installed at more than 40 sites in seven of the 11 cities hosting ...

  • PR Newswire16 days ago

    Ericsson and MTS to Deliver Superior Mobile Broadband Experiences for Football Fans at Tournament in Russia

    - Tournament to see Europe's largest deployment of Massive MIMO to date - Ericsson AIR 6468, the industry's first 5G New Radio-capable radio, installed at more than 40 sites in seven of the 11 cities hosting ...

  • PR Newswire16 days ago

    Ericsson and MTS to Deliver Superior Mobile Broadband Experiences for Football Fans at Tournament in Russia

    - Tournament to see Europe's largest deployment of Massive MIMO to date - Ericsson AIR 6468, the industry's first 5G New Radio-capable radio, installed at more than 40 sites in seven of the 11 cities hosting ...

  • Analysts Tracking Ericsson: 20% Recommend a ‘Buy’
    Market Realist17 days ago

    Analysts Tracking Ericsson: 20% Recommend a ‘Buy’

    Ericsson (ERIC) stock has returned 0.2% in the last 12 months, -5.3% in the last month, and 1.5% in the last five days. It fell 36% in 2016 and then rose 16.5% in 2017. Since the start of 2018, the stock has risen 9.6%. Its peers Cisco Systems (CSCO), Nokia (NOK), and Juniper Networks (JNPR) have returned 38%, -10%, and -9%, respectively, in the last 12 months.

  • Insights into Ericsson’s Cost-Saving Efforts
    Market Realist17 days ago

    Insights into Ericsson’s Cost-Saving Efforts

    Analysts expect Ericsson’s (ERIC) EPS to rise at a CAGR (compound annual growth rate) of 1.4% YoY (year-over-year) over the next five years. Ericsson has been struggling to maintain profitability due to declining sales. Ericsson has managed to improve its operating margins from -19.9% in Q1 2017 to 2% in Q1 2018.

  • What’s Expected to Drive Ericsson’s Revenue in 2018 and Beyond?
    Market Realist17 days ago

    What’s Expected to Drive Ericsson’s Revenue in 2018 and Beyond?

    As we’ve seen, Ericsson’s (ERIC) revenue is estimated to fall 5.5% YoY (year-over-year) in fiscal 2018 to $22.94 billion. Ericsson has been struggling with declining sales over the last several quarters as 4G deployments declined drastically, first in developed markets such as North America and Western Europe and then in Mainland China (FXI) and Southeast Asia. The market environment is expected to improve for Ericsson and other telecommunications equipment firms such as Nokia (NOK) and Juniper Networks (JNPR) in fiscal 2019 with the introduction of 5G in the next few months and massive deployments of the technology in later years.

  • PR Newswire17 days ago

    Movistar Argentina Selects Ericsson Radio System to Transform Mobile Network

    Three-year radio access network transformation deal based on Ericsson Radio System gets underway in the second half of 2018 Ericsson will expand its radio offerings to Movistar Argentina to enhance the ...

  • PR Newswire17 days ago

    Movistar Argentina Selects Ericsson Radio System to Transform Mobile Network

    Three-year radio access network transformation deal based on Ericsson Radio System gets underway in the second half of 2018 Ericsson will expand its radio offerings to Movistar Argentina to enhance the ...

  • PR Newswire17 days ago

    Movistar Argentina Selects Ericsson Radio System to Transform Mobile Network

    Three-year radio access network transformation deal based on Ericsson Radio System gets underway in the second half of 2018 Ericsson will expand its radio offerings to Movistar Argentina to enhance the ...

  • How Ericsson Plans to Increase Traction in 5G
    Market Realist18 days ago

    How Ericsson Plans to Increase Traction in 5G

    According to Ericsson (ERIC), its first 5G New Radio network is expected to go live in 2019, and major deployments will begin in 2020. Ericsson’s Mobility Report has estimated that 5G subscriptions could reach 1 billion by 2023 and cover 20% of the global population. The technology is likely to benefit individuals and companies.

  • Ericsson Taking $290 Loan to Fund 5G Research
    Market Realist18 days ago

    Ericsson Taking $290 Loan to Fund 5G Research

    Ericsson (ERIC) is taking out a $290 million loan to fund its investments in 5G (fifth-generation) technology research. Last December, Ericsson borrowed ~$370 million, also for the purpose of funding 5G research, from two European lenders. Ericsson will be required to replay the EIB loan within five years of its disbursement.

  • Ericsson Stock since Its First-Quarter Results
    Market Realist18 days ago

    Ericsson Stock since Its First-Quarter Results

    How Ericsson Plans to Improve Profitability, Target GrowthERIC stock has risen 10% since first-quarter results