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Telefonaktiebolaget LM Ericsson
NASDAQ:ERIC

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Telefonaktiebolaget LM Ericsson
NASDAQ:ERIC
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Price: 11.015 USD 0.41% Market Closed
Market Cap: $36.7B

Wall Street
Price Targets

ERIC Price Targets Summary
Telefonaktiebolaget LM Ericsson

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

According to Wall Street analysts, the average 1-year price target for ERIC is 10.234 USD with a low forecast of 7.291 USD and a high forecast of 12.712 USD.

Lowest
Price Target
7.291 USD
34% Downside
Average
Price Target
10.234 USD
7% Downside
Highest
Price Target
12.712 USD
15% Upside
Telefonaktiebolaget LM Ericsson Competitors:
Price Targets
VRTS
Virtus Investment Partners Inc
31% Upside
MRVI
Maravai LifeSciences Holdings Inc
36% Upside

Revenue
Forecast

1% / Year
Past Growth
0% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
1% / Year
Past Growth
0% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

For the last 9 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's revenue is 1%. The projected CAGR for the next 3 years is 0%.

Operating Income
Forecast

10% / Year
Past Growth
-7% / Year
Estimated Growth
Estimates Accuracy
5%
Average Beat
10% / Year
Past Growth
-7% / Year
Estimated Growth
Estimates Accuracy
5%
Average Beat

For the last 9 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's operating income is 10%. The projected CAGR for the next 3 years is -7%.

Net Income
Forecast

48% / Year
Past Growth
-8% / Year
Estimated Growth
Estimates Accuracy
-16%
Average Miss
48% / Year
Past Growth
-8% / Year
Estimated Growth
Estimates Accuracy
-16%
Average Miss

For the last 9 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's net income is 48%. The projected CAGR for the next 3 years is -8%.

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
10.234 USD

According to Wall Street analysts, the average 1-year price target for ERIC is 10.234 USD with a low forecast of 7.291 USD and a high forecast of 12.712 USD.

What is Telefonaktiebolaget LM Ericsson's Revenue forecast?
Projected CAGR
0%

For the last 9 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's revenue is 1%. The projected CAGR for the next 3 years is 0%.

What is Telefonaktiebolaget LM Ericsson's Operating Income forecast?
Projected CAGR
-7%

For the last 9 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's operating income is 10%. The projected CAGR for the next 3 years is -7%.

What is Telefonaktiebolaget LM Ericsson's Net Income forecast?
Projected CAGR
-8%

For the last 9 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's net income is 48%. The projected CAGR for the next 3 years is -8%.

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