EricssonERIC
ERIC
About: Ericsson provides telecom equipment and services that are primarily used to build and operate mobile networks. The firm divides its business into three segments: networks, cloud and software services, and enterprise. Wireless carriers have traditionally been the firm's primary customers, but it is pushing to cater more to enterprises as well, as both try to take advantage of 5G capabilities and utilize "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers.
Employees: 92,866
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 27
107% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 59
67% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 5 (+2) [Q4]
50% more capital invested
Capital invested by funds: $2.14B [Q3] → $3.21B (+$1.07B) [Q4]
19% more funds holding
Funds holding: 263 [Q3] → 314 (+51) [Q4]
2.79% more ownership
Funds ownership: 10.11% [Q3] → 12.9% (+2.79%) [Q4]
10% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $15M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$9.80
19%
upside
Avg. target
$9.80
19%
upside
High target
$9.80
19%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
JP Morgan Sandeep Deshpande 17% 1-year accuracy 1 / 6 met price target | 19%upside $9.80 | Neutral Maintained | 11 Apr 2025 |
Financial journalist opinion
Based on 25 articles about ERIC published over the past 30 days
Neutral
PRNewsWire
19 hours ago
Ericsson's Nomination Committee appointed
STOCKHOLM , April 30, 2025 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2026 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: Johan Forssell, Investor AB; Helena Stjernholm, AB Industrivärden; Anders Oscarsson, AMF Tjänstepension & AMF Fonder; Christer Gardell, Cevian Capital; and Jan Carlson, the Chair of the Board of Directors.
Positive
Zacks Investment Research
1 day ago
3 Wireless Stocks Set to Ride on Inherent Sector Strength
With solid demand for advanced networking architecture for increased broadband usage, the Zacks Wireless Equipment industry is likely to witness healthy growth. ERIC, UI and IDCC are set to thrive despite the near-term challenges.
Neutral
PRNewsWire
1 day ago
Vonage Appoints Christophe Van de Weyer as President and Head of Business Unit API
Seasoned Transformation and Tech leader tapped to accelerate profitable growth and business innovation in network-powered digital solutions HOLMDEL, N.J. , April 29, 2025 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), today announced it has appointed Christophe Van de Weyer as President and Head of Business Unit API, effective immediately.
Neutral
Business Wire
1 week ago
Smobi, an AI-powered RCS Platform, Partners with Vonage to Enhance Customer Engagement with RCS Messaging
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications, helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), today announced that Smobi, an innovative AI-powered RCS platform for E-commerce, has chosen Vonage for Rich Communication Services (RCS) via the Vonage Messages API. By integrating RCS, Smobi's clients will now benefit from branded, verified communications that build customer trust, improve click-through rates (CTR),.
Neutral
PRNewsWire
1 week ago
Smobi, an AI-powered RCS Platform, Partners with Vonage to Enhance Customer Engagement with RCS Messaging
HOLMDEL, N.J. , April 23, 2025 /PRNewswire/ -- Vonage, a global leader in cloud communications, helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), today announced that Smobi , an innovative AI-powered RCS platform for E-commerce, has chosen Vonage for Rich Communication Services (RCS) via the Vonage Messages API.
Neutral
PRNewsWire
1 week ago
Vonage Named a Leader for the Fourth Time in the IDC MarketScape: Worldwide CPaaS 2025 Vendor Assessment
HOLMDEL, N.J. , April 22, 2025 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), announced that the Company has once again been positioned as a Leader in the IDC MarketScape: Worldwide Communications Platform as a Service (CPaaS) 2025 Vendor Assessment.
Neutral
Business Wire
1 week ago
Vonage Named a Leader for the Fourth Time in the IDC MarketScape: Worldwide CPaaS 2025 Vendor Assessment
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), announced that the Company has once again been positioned as a Leader in the IDC MarketScape: Worldwide Communications Platform as a Service (CPaaS) 2025 Vendor Assessment.* We believe this recognition underscores Vonage's commitment to innovation, customer-centric solutions, and delivering real-world outcomes to busine.
Positive
Reuters
1 week ago
Ericsson expands manufacturing in India to make antennas
Sweden's Ericsson is planning to manufacture all its telecom antennas for the Indian market in the country, the company said on Tuesday.
Positive
Zacks Investment Research
1 week ago
Here is Why Growth Investors Should Buy Ericsson (ERIC) Now
Ericsson (ERIC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Positive
Zacks Investment Research
2 weeks ago
All You Need to Know About Ericsson (ERIC) Rating Upgrade to Buy
Ericsson (ERIC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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