Telefonaktiebolaget LM Ericsson (publ) (ERIC)

Technology · NMS

$9.19-1.39% today

Price as at 30 Sept 2026, 17:51 UTC. Quotes are delayed.

Fundamentals

Market cap$38.70B
P/E ratio14.7
Dividend yield2.76%
Revenue growth (YoY)-10.3%
Profit margin10.9%
Return on equity27.0%
52-week range$8.12 to $13.77

Valuation and ratings

Analyst target (mean)$10.18
Analyst range$8.20 to $11.40
Analysts with price targets6
Consensus viewunderperform
Moat score65/100
Overall rating79/100, high quality

Telefonaktiebolaget LM Ericsson (publ) trades at $9.19. Our model's figure for Telefonaktiebolaget LM Ericsson (publ) is more than double the highest analyst price target on record. That points to a problem with the inputs rather than a bargain, so we publish no estimate until they produce one that passes this check.

Our moat model scores it 65 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 14.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

ERIC dividend history

Dividend yield2.76%
Paid, trailing 12 months$0.324 per share
Most recent payment$0.158, ex 29 Sept 2026
5-year growth (p.a.)+11.3%
Consecutive years of growth6
Consecutive years paid13

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$0.3242
2025$0.2792
2024$0.2622
2023$0.2552
2022$0.2512
2021$0.2372
2020$0.1632
2019$0.1091
2018$0.1261
2017$0.1121
2016$0.4291

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

ERIC earnings and analyst estimates

EPS estimate, next year$0.66
Expected EPS growth+4.4%
Expected revenue growth+2.2%

Recommendation mix, 7 published ratings

0 buy4 hold3 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware, software, and service offerings for intelligent, reliable and flexible 5G networks. This segment also provides energy-efficient RAN with an AI-native software architecture deployable on Ericsson silicon and third-party CPUs/GPUs; transport networks; and active/ passive antennas, as well as deployment and lifecycle management services. The Cloud Software and Services segment provides core networks, network management, business and operations support systems, and network operations delivered as managed services, including secure data and voice connectivity, service monetization and orchestration tools, and network management services. The Enterprise segment offers intelligent networking and advanced communications software solutions comprising global communications platform, wireless wide area networks (WWAN), and private 5G networks. The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers. The company has a strategic collaboration with T-Mobile US, Inc for the development of AI-native Scheduler with Link Adaptation software. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Industry: Communication EquipmentEmployees: 86,536HQ: Sweden

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

ERIC passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

9 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in ERIC

We hold 8 disclosed trades in ERIC by members of Congress and executive-branch officials. The latest 5:

  • Alan Armstrong · SenateBuy · $1,001 - $15,000 · traded 30 Mar 2026 · disclosed 21 Jul 2026
  • Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 10 Jul 2023 · disclosed 13 Aug 2023
  • Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 31 Mar 2023 · disclosed 17 Apr 2023
  • Daniel Goldman · HouseBuy · $1,001 - $15,000 · traded 27 Feb 2023 · disclosed 20 Mar 2023
  • Gilbert Cisneros · HouseBuy · $15,001 - $50,000 · traded 19 Nov 2020 · disclosed 15 Dec 2020

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

ERIC peers

The largest companies in the same industry (Communication Equipment), then in the same sector.

Every technology company we cover is on the Technology hub.

Common questions

Which funds own ERIC?

9 of the institutions we track reported a position in ERIC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is ERIC's P/E ratio?

ERIC trades at 14.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Telefonaktiebolaget LM Ericsson (publ) (ERIC) pay a dividend?

Yes. Telefonaktiebolaget LM Ericsson (publ) yields 2.76% at the current share price. It has paid $0.324 per share over the trailing twelve months. It has paid a dividend in each of the last 13 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its ERIC data?

Fundamentals for ERIC come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 17:51 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for ERIC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.