Brokerages Set Ericsson (NASDAQ:ERIC) Target Price at $9.80

Shares of Ericsson (NASDAQ:ERIC) have been assigned an average rating of “Reduce” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $9.80.

ERIC has been the topic of a number of recent analyst reports. Cfra Research upgraded shares of Ericsson to a “hold” rating in a report on Wednesday, October 15th. Danske lowered shares of Ericsson to a “hold” rating in a research note on Wednesday, October 15th. Barclays reaffirmed an “underweight” rating on shares of Ericsson in a report on Wednesday, October 15th. Citigroup reiterated a “neutral” rating on shares of Ericsson in a report on Friday, January 16th. Finally, Wall Street Zen lowered Ericsson from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 18th.

Ericsson Stock Up 4.0%

ERIC stock opened at $11.11 on Friday. The company has a market cap of $37.45 billion, a price-to-earnings ratio of 12.63, a P/E/G ratio of 1.95 and a beta of 0.92. Ericsson has a twelve month low of $6.64 and a twelve month high of $11.22. The business has a 50 day moving average price of $9.62 and a two-hundred day moving average price of $8.81. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 0.29.

Ericsson News Roundup

Here are the key news stories impacting Ericsson this week:

• Positive Sentiment: Aglocell joined Ericsson’s Intelligent Automation Platform to deliver an AI-driven spectral-efficiency rApp — strengthens Ericsson’s ecosystem for automated spectrum optimization and could help service providers improve network performance. Aglocell Joins Ericsson Intelligent Automation Platform Ecosystem
• Positive Sentiment: Q4 earnings call takeaway: profits rose while market conditions were described as flat — suggests improving company-level profitability even if top-line demand remains mixed, a near-term positive for valuation. Ericsson B Earnings Call Shows Profits Up, Market Flat
• Positive Sentiment: Coverage/market momentum: analysts and market pieces note ERIC has hit a 52‑week high — momentum can attract momentum traders and push higher on volume. Ericsson (ERIC) Hit a 52 Week High, Can the Run Continue?
• Positive Sentiment: Supplier ecosystem: HCLTech was recognized in Ericsson’s supplier awards for AI-driven efficiency — signals stronger partner execution and potential operational improvements. HCLTech recognized as the ‘Innovation Award’ winner of the 2025 Ericsson Supplier Awards
• Positive Sentiment: AI adoption / workplace innovation: Realbotix’s hyperrealistic robots at Ericsson’s Texas site highlight experimentation with advanced AI/automation — positive for long-term tech positioning and PR. Realbotix’s hyperrealistic robots arrive at Ericsson in Texas
• Neutral Sentiment: Unusual options flow: traders bought ~2,369 call options (≈55% above average) — indicates short-term bullish positioning but may reflect speculative or hedging activity rather than firm-level fundamentals.
• Neutral Sentiment: Analyst action: Argus moved Ericsson to a “hold” (coverage note linked) — neither a buy endorsement nor a downgrade, so it may temper upside momentum. Zacks.com
• Neutral Sentiment: Relative valuation pieces compare ERIC to peers (Motorola/MSI) — useful for investors assessing value but not an immediate price driver. ERIC or MSI: Which Is the Better Value Stock Right Now?

Hedge Funds Weigh In On Ericsson

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its holdings in shares of Ericsson by 12.4% in the third quarter. Jones Financial Companies Lllp now owns 13,017 shares of the communications equipment provider’s stock valued at $107,000 after purchasing an additional 1,441 shares during the last quarter. Hennessy Advisors Inc. grew its stake in Ericsson by 10.3% in the 4th quarter. Hennessy Advisors Inc. now owns 16,324 shares of the communications equipment provider’s stock valued at $158,000 after buying an additional 1,518 shares during the last quarter. Geode Capital Management LLC grew its stake in Ericsson by 0.7% in the 2nd quarter. Geode Capital Management LLC now owns 250,389 shares of the communications equipment provider’s stock valued at $2,123,000 after buying an additional 1,658 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Ericsson during the third quarter worth approximately $28,000. Finally, Cromwell Holdings LLC boosted its holdings in shares of Ericsson by 72.8% during the second quarter. Cromwell Holdings LLC now owns 10,276 shares of the communications equipment provider’s stock worth $87,000 after acquiring an additional 4,330 shares during the period. 7.99% of the stock is owned by institutional investors.

Ericsson Company Profile

Ericsson AB is a Swedish multinational telecommunications equipment and services company headquartered in Stockholm. Founded in 1876 by Lars Magnus Ericsson, the company designs, develops and sells infrastructure, software and services that enable mobile and fixed-line networks worldwide. Ericsson serves a global customer base that includes mobile network operators, enterprise customers and public-sector organizations across Europe, the Americas, Asia-Pacific, the Middle East and Africa.

The company’s core activities center on building and modernizing network infrastructure, with a particular focus on radio access networks (RAN), core network software, cloud-native solutions and network management systems.