Telefonaktiebolaget L M Ericsson has a consensus price target of $1.87, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, JP Morgan, and JP Morgan on April 17, 2024, November 30, 2023, and October 18, 2023. With an average price target of $4.45 between JP Morgan, JP Morgan, and JP Morgan, there's an implied -15.34% downside for Telefonaktiebolaget L M Ericsson from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/17/2024 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 6.08% | JP Morgan | Sandeep Deshpande | $5.81 → $5.58 | Maintains | Neutral | Get Alert |
11/30/2023 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | JP Morgan | Sandeep Deshpande | — | Downgrade | Overweight → Neutral | Get Alert |
10/18/2023 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 47.91% | JP Morgan | Sandeep Deshpande | $8.3 → $7.78 | Maintains | Overweight | Get Alert |
04/19/2023 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 33.08% | TD Cowen | Paul Silverstein | $8 → $7 | Maintains | Outperform | Get Alert |
02/07/2023 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | Raymond James | Simon Leopold | — | Downgrade | Outperform → Market Perform | Get Alert |
01/23/2023 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 52.09% | Cowen & Co. | Paul Silverstein | $10 → $8 | Maintains | Outperform | Get Alert |
01/17/2023 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 90.11% | Cowen & Co. | Paul Silverstein | $8 → $10 | Maintains | Outperform | Get Alert |
01/10/2023 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | Exane BNP Paribas | Stefan Slowinski | — | Downgrade | Outperform → Neutral | Get Alert |
12/12/2022 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 99.62% | Raymond James | Simon Leopold | $9 → $10.5 | Maintains | Outperform | Get Alert |
10/21/2022 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 52.09% | Cowen & Co. | Paul Silverstein | $11 → $8 | Maintains | Outperform | Get Alert |
10/21/2022 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 71.1% | Raymond James | Simon Leopold | $12 → $9 | Maintains | Outperform | Get Alert |
10/13/2022 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | Barclays | Simon Coles | — | Initiates | → Overweight | Get Alert |
09/26/2022 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | Redburn Partners | Joseph Zhou | — | Initiates | → Neutral | Get Alert |
07/15/2022 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 128.14% | Raymond James | Simon Leopold | $14 → $12 | Maintains | Outperform | Get Alert |
03/17/2022 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | Jefferies | Janardan Menon | — | Initiates | → Hold | Get Alert |
02/28/2022 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | Citigroup | Andrew Gardiner | — | Downgrade | Buy → Neutral | Get Alert |
10/20/2021 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | 166.16% | Raymond James | Simon Leopold | — | Maintains | Outperform | Get Alert |
07/21/2021 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | Arete Research | — | — | Upgrade | Sell → Neutral | Get Alert |
07/19/2021 | ERIC | Buy Now | Telefonaktiebolaget L M | $5.26 | — | Argus Research | Jim Kelleher | — | Downgrade | Buy → Hold | Get Alert |
The latest price target for Telefonaktiebolaget L M (NASDAQ: ERIC) was reported by JP Morgan on April 17, 2024. The analyst firm set a price target for $5.58 expecting ERIC to rise to within 12 months (a possible 6.08% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Telefonaktiebolaget L M (NASDAQ: ERIC) was provided by JP Morgan, and Telefonaktiebolaget L M maintained their neutral rating.
The last upgrade for Telefonaktiebolaget L M Ericsson happened on July 21, 2021 when Arete Research raised their price target to N/A. Arete Research previously had a sell for Telefonaktiebolaget L M Ericsson.
The last downgrade for Telefonaktiebolaget L M Ericsson happened on November 30, 2023 when JP Morgan changed their price target from N/A to N/A for Telefonaktiebolaget L M Ericsson.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Telefonaktiebolaget L M, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Telefonaktiebolaget L M was filed on April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
While ratings are subjective and will change, the latest Telefonaktiebolaget L M (ERIC) rating was a maintained with a price target of $5.81 to $5.58. The current price Telefonaktiebolaget L M (ERIC) is trading at is $5.26, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.