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

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) – Stock analysts at Zacks Research cut their FY2026 EPS estimates for shares of Telefonaktiebolaget LM Ericsson (publ) in a research note issued to investors on Monday, November 18th. Zacks Research analyst R. Department now forecasts that the communications equipment provider will post earnings per share of $0.59 for the year, down from their prior forecast 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 issued its quarterly earnings data on Tuesday, October 15th. The communications equipment provider reported $0.11 earnings per share for the quarter, beating 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 company had revenue of $5.93 billion for the quarter, compared to the consensus estimate of $5.73 billion.

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

Telefonaktiebolaget LM Ericsson (publ) Price Performance

Shares of ERIC opened at $8.01 on Thursday. The firm has a fifty day simple moving average of $7.96 and a two-hundred day simple moving average of $6.97. The firm has a market cap of $26.68 billion, a PE ratio of -266.83 and a beta of 0.81. The company has a current ratio of 1.19, a quick ratio of 0.95 and a debt-to-equity ratio of 0.39. Telefonaktiebolaget LM Ericsson has a 1-year low of $4.77 and a 1-year high of $8.62.

Institutional Trading of Telefonaktiebolaget LM Ericsson (publ)

Several hedge funds have recently bought and sold shares of ERIC. Advisors Asset Management Inc. grew its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 4.4% during the 1st quarter. Advisors Asset Management Inc. now owns 190,065 shares of the communications equipment provider’s stock valued at $1,047,000 after acquiring an additional 8,086 shares during the period. QRG Capital Management Inc. increased its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 176.2% in the second quarter. QRG Capital Management Inc. now owns 188,231 shares of the communications equipment provider’s stock worth $1,161,000 after purchasing an additional 120,072 shares in the last quarter. Gateway Investment Advisers LLC raised its position in shares of Telefonaktiebolaget LM Ericsson (publ) by 1,260.7% during the 2nd quarter. Gateway Investment Advisers LLC now owns 630,541 shares of the communications equipment provider’s stock valued at $3,890,000 after purchasing an additional 584,201 shares during the period. US Bancorp DE lifted its stake in shares of Telefonaktiebolaget LM Ericsson (publ) by 415.6% during the 3rd quarter. US Bancorp DE now owns 181,305 shares of the communications equipment provider’s stock valued at $1,374,000 after buying an additional 146,141 shares in the last quarter. Finally, Diversified Trust Co bought a new position in Telefonaktiebolaget LM Ericsson (publ) in the 3rd quarter worth $1,545,000. Institutional investors own 7.99% of the company’s stock.

About Telefonaktiebolaget LM Ericsson (publ)

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.