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Telefonaktiebolaget LM Ericsson
NASDAQ:ERIC

Watchlist Manager
Telefonaktiebolaget LM Ericsson Logo
Telefonaktiebolaget LM Ericsson
NASDAQ:ERIC
Watchlist
Price: 5.18 USD -1.15% Market Closed
Updated: Apr 28, 2024

Wall Street
Price Targets

ERIC Price Targets Summary
Telefonaktiebolaget LM Ericsson

Wall Street analysts forecast ERIC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ERIC is 6.2 USD with a low forecast of 4.06 USD and a high forecast of 9.84 USD.

Lowest
Price Target
4.06 USD
22% Downside
Average
Price Target
6.2 USD
20% Upside
Highest
Price Target
9.84 USD
90% Upside

ERIC Last Price Targets
Telefonaktiebolaget LM Ericsson

The latest public price target was made on Nov 13, 2023 by Sandeep Deshpande from J.P. Morgan , who expects ERIC stock to rise by 50% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Sandeep Deshpande
J.P. Morgan
7.78 USD
Upside 50%
5 months ago
Nov 13, 2023
Check Out 3 Tech Stocks With Over 5% Dividend Yields From Wall Street's Most Accurate Analysts
Benzinga
Sandeep Deshpande
J.P. Morgan
Price Target 7.78 USD
Upside/Downside 50%
View Source
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Revenue
Forecast

Revenue Estimate
Telefonaktiebolaget LM Ericsson

For the last 7 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's revenue is 3%. The projected CAGR for the next 3 years is 2%.

3%
Past Growth
2%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Telefonaktiebolaget LM Ericsson

For the last 7 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's operating income is 4%. The projected CAGR for the next 3 years is 18%.

4%
Past Growth
18%
Estimated Growth
Estimates Accuracy
3%
Average Beat

Net Income
Forecast

Net Income Estimate
Telefonaktiebolaget LM Ericsson

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-8%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ERIC's stock price target?
Price Target
6.2 USD

According to Wall Street analysts, the average 1-year price target for ERIC is 6.2 USD with a low forecast of 4.06 USD and a high forecast of 9.84 USD.

What is Telefonaktiebolaget LM Ericsson's Revenue forecast?
Projected CAGR
2%

For the last 7 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's revenue is 3%. The projected CAGR for the next 3 years is 2%.

What is Telefonaktiebolaget LM Ericsson's Operating Income forecast?
Projected CAGR
18%

For the last 7 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's operating income is 4%. The projected CAGR for the next 3 years is 18%.