Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers hardware, software, and related services for radio access and transport, as well as related services, such as design, tuning, network rollout, and customer support. The Digital Services segment provides products and services for operators in the areas of business support systems, operations support systems, cloud core, cloud communication, and cloud infrastructure, as well as consulting, learning, and testing services. The Managed Services segment offers networks and IT managed, network design and optimization, and application development and maintenance services to operators. The Emerging Business and Other segment consists of emerging businesses, including Internet of Things; iconectiv; Cradlepoint that provides wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.
IPO Year:
Exchange: NASDAQ
Website: ericsson.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/31/2024 | Neutral → Sell | UBS | |
1/19/2024 | Equal Weight → Underweight | Barclays | |
12/8/2023 | Hold → Buy | Jefferies | |
11/30/2023 | $7.80 → $5.90 | Overweight → Neutral | JP Morgan |
2/7/2023 | Outperform → Mkt Perform | Raymond James | |
1/24/2023 | $6.60 → $4.90 | Neutral → Sell | Goldman |
1/10/2023 | Outperform → Neutral | Exane BNP Paribas | |
11/8/2022 | Equal-Weight | Morgan Stanley | |
10/24/2022 | $10.80 → $6.10 | Buy → Neutral | Goldman |
10/13/2022 | Overweight | Barclays |
UBS downgraded Ericsson from Neutral to Sell
Barclays downgraded Ericsson from Equal Weight to Underweight
Jefferies upgraded Ericsson from Hold to Buy
JP Morgan downgraded Ericsson from Overweight to Neutral and set a new price target of $5.90 from $7.80 previously
Raymond James downgraded Ericsson from Outperform to Mkt Perform
Goldman downgraded Ericsson from Neutral to Sell and set a new price target of $4.90 from $6.60 previously
Exane BNP Paribas downgraded Ericsson from Outperform to Neutral
Morgan Stanley initiated coverage of Ericsson with a rating of Equal-Weight
Goldman downgraded Ericsson from Buy to Neutral and set a new price target of $6.10 from $10.80 previously
Barclays initiated coverage of Ericsson with a rating of Overweight