Telefonaktiebolaget LM Ericsson B ADR (ERIC) Stock Forecast & Price Target
Telefonaktiebolaget LM Ericsson B ADR · NASDAQ
$9.97+0.30 (+3.15%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 1 firms covering Telefonaktiebolaget LM Ericsson B ADR, 0 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a hold consensus. Targets are tightly clustered, $11.00 to $11.00, so the covering firms are broadly aligned. The average target of $11.00 sits 10% above the current $9.97. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees revenue growth near -4% this year and 2% next, consensus EPS building from about $0.19 next quarter toward $0.62 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS1 ratings
Hold
Strong Buy00%
Buy00%
Hold1100%
Sell00%
Strong Sell00%
Based on 1 analysts giving stock ratings to Telefonaktiebolaget LM Ericsson B ADR.
As of Jul, 0 of 1 firms rate ERIC a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ERIC EPS & revenue forecast
EPS · NEXT QUARTER
$0.19
Range $0.17 – $0.22 · 3 analysts · -38% YoY
Next period, 3 analysts expect Telefonaktiebolaget LM Ericsson B ADR to earn $0.19 a share (range $0.17 – $0.22), versus $0.31 a year earlier. Full-year consensus is $0.59, growing to $0.62 the year after.
REVENUE · NEXT QUARTER
$67.6B
Range $64.4B – $71.2B · 3 analysts · -2% YoY
Revenue is expected to reach $67.6B (range $64.4B – $71.2B), -2.0% year-over-year. Full-year consensus is $226.2B, rising to $230.9B next year.
Top analysts covering Telefonaktiebolaget LM Ericsson B ADR
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ERIC.
#1
SD
Sandeep Deshpande
JP Morgan
Hold
$10.60+6.3% to target
Coverage
—
+ Follow
#2
TT
Terrance Tsul
Morgan Stanley
Hold
$11.00+10.3% to target
Coverage
—
+ Follow
#3
NG
Nazmi Ghazali
CFRA
Hold
$11.00+10.3% to target
Coverage
—
+ Follow
#4
Simon Leopold
Raymond James
Hold
No targeton ERIC
Coverage
—
+ Follow
ERIC stock forecast FAQ
What is ERIC's average 12-month price target?+
The 1 analysts with a live target average $11.00 for Telefonaktiebolaget LM Ericsson B ADR over the next 12 months, ranging from a $11.00 high to a $11.00 low.
Is ERIC stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 1 analyst ratings, 0 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
How many Wall Street analysts cover ERIC?+
1 analysts have an active rating on Telefonaktiebolaget LM Ericsson B ADR, and 1 firms carry a live 12-month price target.
Who is the most accurate analyst covering ERIC?+
Among analysts who currently cover ERIC, Sandeep Deshpande of JP Morgan has the strongest overall Quantellect track record. Their current call is Hold with a $10.60 target.
What is Telefonaktiebolaget LM Ericsson B ADR's projected EPS for next quarter?+
The consensus estimate is $0.19 per share (range $0.17 – $0.22) across 3 analysts. Full-year EPS is projected at $0.59, rising to $0.62 the following year.
How much revenue is Telefonaktiebolaget LM Ericsson B ADR expected to report next quarter?+
Consensus revenue is $67.6B (range $64.4B – $71.2B). Full-year revenue is projected at $226.2B, growing to $230.9B next year.
Have analysts been upgrading or downgrading ERIC lately?+
As of Jul, 0 of 1 firms rate ERIC a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ERIC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
