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Telefonaktiebolaget LM Ericsson
NASDAQ:ERIC

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Telefonaktiebolaget LM Ericsson
NASDAQ:ERIC
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Price: 11.93 USD 2.58% Market Closed
Market Cap: $39.8B

Wall St 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 10.94 USD with a low forecast of 7.46 USD and a high forecast of 15.05 USD.

Lowest Forecast
Price Target
7.46 USD
37% Downside
Average Forecast
Price Target
10.94 USD
8% Downside
Highest Forecast
Price Target
15.05 USD
26% Upside
Telefonaktiebolaget LM Ericsson Competitors:
Price Targets
MRVI
Maravai LifeSciences Holdings Inc
22% 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

Over the last 9 years, the compound annual growth rate for Revenue has been 1%. The projected CAGR for the next 5 years is 0%.

Operating Income
Forecast

10% / Year
Past Growth
-2% / Year
Estimated Growth
Estimates Accuracy
5%
Average Beat
10% / Year
Past Growth
-2% / Year
Estimated Growth
Estimates Accuracy
5%
Average Beat

Over the last 9 years, the compound annual growth rate for Operating Income has been 10%. The projected CAGR for the next 5 years is -2%.

Net Income
Forecast

48% / Year
Past Growth
-10% / Year
Estimated Growth
Estimates Accuracy
-16%
Average Miss
48% / Year
Past Growth
-10% / Year
Estimated Growth
Estimates Accuracy
-16%
Average Miss

Over the last 9 years, the compound annual growth rate for Net Income has been 48%. The projected CAGR for the next 5 years is -10%.

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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for ERIC is 10.94 USD with a low forecast of 7.46 USD and a high forecast of 15.05 USD.

What is the Revenue forecast for Telefonaktiebolaget LM Ericsson?
Projected CAGR
0%

Over the last 9 years, the compound annual growth rate for Revenue has been 1%. The projected CAGR for the next 5 years is 0%.

What is the Operating Income forecast for Telefonaktiebolaget LM Ericsson?
Projected CAGR
-2%

Over the last 9 years, the compound annual growth rate for Operating Income has been 10%. The projected CAGR for the next 5 years is -2%.

What is the Net Income forecast for Telefonaktiebolaget LM Ericsson?
Projected CAGR
-10%

Over the last 9 years, the compound annual growth rate for Net Income has been 48%. The projected CAGR for the next 5 years is -10%.

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