Telefonaktiebolaget LM Ericsson
XETRA:ERCG

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Telefonaktiebolaget LM Ericsson
XETRA:ERCG
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Price: 8.2 EUR 1.23% Market Closed
Market Cap: €27.3B

Wall Street
Price Targets

ERCG Price Targets Summary
Telefonaktiebolaget LM Ericsson

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

According to Wall Street analysts, the average 1-year price target for ERCG is 8.57 EUR with a low forecast of 6.04 EUR and a high forecast of 10.74 EUR.

Lowest
Price Target
6.04 EUR
26% Downside
Average
Price Target
8.57 EUR
5% Upside
Highest
Price Target
10.74 EUR
31% Upside
Telefonaktiebolaget LM Ericsson Competitors:
Price Targets
UVE
Universal Insurance Holdings Inc
43% Upside

Revenue
Forecast

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

For the last 8 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's revenue is 1%. The projected CAGR for the next 4 years is -1%.

Operating Income
Forecast

7% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
10%
Average Beat
7% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
10%
Average Beat

For the last 8 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's operating income is 7%. The projected CAGR for the next 4 years is 4%.

Net Income
Forecast

-37% / Year
Past Growth
473% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss
-37% / Year
Past Growth
473% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss

For the last 8 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's net income is -37%. The projected CAGR for the next 4 years is 473%.

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 ERCG's stock price target?
Price Target
8.57 EUR

According to Wall Street analysts, the average 1-year price target for ERCG is 8.57 EUR with a low forecast of 6.04 EUR and a high forecast of 10.74 EUR.

What is Telefonaktiebolaget LM Ericsson's Revenue forecast?
Projected CAGR
-1%

For the last 8 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's revenue is 1%. The projected CAGR for the next 4 years is -1%.

What is Telefonaktiebolaget LM Ericsson's Operating Income forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's operating income is 7%. The projected CAGR for the next 4 years is 4%.

What is Telefonaktiebolaget LM Ericsson's Net Income forecast?
Projected CAGR
473%

For the last 8 years the compound annual growth rate for Telefonaktiebolaget LM Ericsson's net income is -37%. The projected CAGR for the next 4 years is 473%.

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