What is Zacks Research’s Forecast for ERIC FY2026 Earnings?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) – Equities research analysts at Zacks Research lowered their FY2026 earnings per share estimates for shares of Telefonaktiebolaget LM Ericsson (publ) in a report released on Monday, November 18th. Zacks Research analyst R. Department now forecasts that the communications equipment provider will earn $0.59 per share for the year, down from their previous estimate of $0.60. The consensus estimate for Telefonaktiebolaget LM Ericsson (publ)’s current full-year earnings is $0.44 per share.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) last announced its quarterly earnings results on Tuesday, October 15th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. Telefonaktiebolaget LM Ericsson (publ) had a negative net margin of 0.47% and a positive return on equity of 13.31%. The firm had revenue of $5.93 billion for the quarter, compared to the consensus estimate of $5.73 billion.

Other equities analysts also recently issued research reports about the company. StockNews.com upgraded Telefonaktiebolaget LM Ericsson (publ) from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. lifted their price target on shares of Telefonaktiebolaget LM Ericsson (publ) from $5.90 to $6.70 and gave the company a “neutral” rating in a research note on Monday, October 21st. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $6.70.

Telefonaktiebolaget LM Ericsson (publ) Price Performance

NASDAQ:ERIC opened at $7.99 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.19 and a debt-to-equity ratio of 0.39. Telefonaktiebolaget LM Ericsson has a 52 week low of $4.77 and a 52 week high of $8.62. The stock’s 50-day moving average price is $7.94 and its 200-day moving average price is $6.96. The stock has a market capitalization of $26.63 billion, a PE ratio of -266.33 and a beta of 0.81.

Institutional Investors Weigh In On Telefonaktiebolaget LM Ericsson (publ)

Several large investors have recently bought and sold shares of ERIC. GAMMA Investing LLC boosted its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 131.2% in the second quarter. GAMMA Investing LLC now owns 5,464 shares of the communications equipment provider’s stock worth $34,000 after acquiring an additional 3,101 shares during the last quarter. Hexagon Capital Partners LLC boosted its stake in Telefonaktiebolaget LM Ericsson (publ) by 225.5% during the 3rd quarter. Hexagon Capital Partners LLC now owns 5,664 shares of the communications equipment provider’s stock worth $43,000 after purchasing an additional 3,924 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of Telefonaktiebolaget LM Ericsson (publ) during the first quarter worth $36,000. BOKF NA acquired a new stake in shares of Telefonaktiebolaget LM Ericsson (publ) in the second quarter valued at about $41,000. Finally, Vest Financial LLC purchased a new position in shares of Telefonaktiebolaget LM Ericsson (publ) in the third quarter worth about $77,000. 7.99% of the stock is currently owned by hedge funds and other institutional investors.

Telefonaktiebolaget LM Ericsson (publ) Company Profile

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other.