Companies /Technology

Telefonaktiebolaget LM Ericsson B ADR

NASDAQ: ERIC Communication Equipment
$9.56
▲ $0.06 (+0.58%) today
Markets closed · 10:17pm ET

24/7 Wall St. View

ERIC at a Glance

Valuation
Market cap
$31.1B
P/E ratio
12.1
Profitability
Revenue (TTM)
$240.3B
Profit margin
10.8%
EPS (TTM)
$0.79
Price
52-week range
$8 – $14
24/7 target
$13.49
Street target
$9.13
Earnings
Next report
Oct 15, 2026

Headquartered in Torshamnsgatan 21, Stockholm Fiscal year ends December NASDAQ: ERIC ericsson.com

About Ericsson

Telefonaktiebolaget LM Ericsson is a Swedish multinational telecommunications equipment and services company that provides infrastructure, software, and services to mobile network operators and enterprises worldwide. The company operates through three main segments: Networks (providing radio access network equipment, transport, and site solutions for 4G and 5G deployments), Cloud Software and Services (offering core network software, managed services, and cloud-native solutions for telecom operators), and Enterprise (encompassing the Global Communications Platform — including CPaaS and network API-powered solutions — as well as Enterprise Wireless Solutions and dedicated networks). Ericsson also generates significant intellectual property licensing revenues from its extensive patent portfolio in mobile communications standards. The company serves customers across more than 180 countries, with the United States representing approximately 39% of quarterly sales. Ericsson employs approximately 87,500 people and is listed on Nasdaq Stockholm and as ADRs on NASDAQ in New York. Updated

Latest Activity

Biggest dividend payouts · Sep 29
ERICEricsson
$474M$0.16 per share
  • 2ITRNIturan Location & Control$0.50/sh$9.9M
  • 3DOOBRP Inc.$0.18/sh$6.4M

Ericsson is handing shareholders about $474 million in cash today, roughly 16 cents a share, the largest payment on the board.

ERIC Coverage

8:45am ET
Investing

3 Stocks Under $10 Worth a Look in October

Three Nasdaq stocks trading below $10 head into Q3 earnings season with buybacks, AI-driven revenue beats, and Southeast Asian super-app expansion on the line, but only one clears every hurdle worth caring…

Joel South
4:40pm ET
Technology

Does Anyone Really Want to Buy Nokia?

Some technology companies have performed well during the instant recession. Others have performed poorly. Nokia was not one of the winners. Not at all.

Jon C. Ogg

Frequently Asked Questions

What does Ericsson do?

Telefonaktiebolaget LM Ericsson is a Swedish multinational telecommunications equipment and services company that provides infrastructure, software, and services to mobile network operators and enterprises worldwide.

What is the ERIC stock price target?

24/7 Wall St.'s 12-month price target for ERIC is $13.49, rated Buy. The Wall Street consensus target is $9.13. ERIC price prediction →