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Telefonaktiebolaget LM Ericsson (publ) (ERIC)

Technology | Communication Equipment | Stockholm, Sweden | NasdaqGS
10.55 USD -0.16 (-1.494%) ⇩ (Oct. 16, 2026, 4 p.m. EDT)
After hours: 10.56 +0.01 (0.095%) ⇧ (Oct. 16, 2026, 7:19 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 9:27 a.m. EDT

Ericsson presents a classic value trap candidate where the math looks attractive but the trajectory tells a different story. The stock trades at a deep discount to book value (0.31 P/B) with a 3.36% yield, yet the business is actively shrinking with negative revenue (-6%) and earnings (-11%) growth. While the balance sheet remains healthy with strong free cash flow, the market has clearly priced in a structural decline, evidenced by the multi-year downward trend in price performance. The recent news of executive departures adds uncertainty to the turnaround narrative. For the short term, the stock is neutral; the low beta and heavy institutional ownership suggest it won't crash immediately, but the lack of momentum prevents a breakout. Long-term, the persistent decline in fundamentals and price suggests the market sees significant headwinds that dividends alone cannot offset. The options market reflects this ambivalence, with traders buying cheap OTM calls hoping for a surprise recovery while hedging against further drops.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.061235
AutoETS0.072981
AutoARIMA0.074583
MSTL0.074976

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 0.70
Ljung-Box p 0.003
Jarque-Bera p 0.000
Excess Kurtosis 1.52
Attribute Value
Sector Technology
Ex Dividend Date 2026-09-28
Last Dividend Date 2026-09-28
Debt to Equity Ratio 40.748
Market Cap 34,240,507,904
Trailing P/E 17.02
Forward P/E 16.66
Beta 0.51
Profit Margins 8.36%
Website https://www.ericsson.com

As of Oct. 10, 2026, 9:27 a.m. EDT: Speculators are positioning for a range-bound to slightly lower scenario. Call volume is heavily skewed toward out-of-the-money strikes (99% OTM OI), indicating a bullish bias on upside potential but with very low probability of immediate realization. Conversely, put positioning shows significant interest in downside protection, particularly at the $8 strike (deep OTM) and near-term ATM levels, suggesting a fear of further weakness or a 'buy the dip' strategy rather than a panic sell-off.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.70% 3.12% 3.63% 3.84%
Dividend History
Date Dividend Yield %
2026-09-29 0.158000 1.695279
2026-04-02 0.166000 1.428571
2025-09-29 0.148000 1.824908
2025-03-27 0.131000 1.666667
2024-10-02 0.133000 1.775701
2024-04-04 0.129000 2.490348
2023-09-28 0.125000 2.609603
2023-03-30 0.130000 2.249135
2022-09-29 0.116000 2.017391
2022-03-30 0.135000 1.443850
2021-09-30 0.116000 1.035714
2021-03-31 0.121000 0.917362
2020-10-01 0.085000 0.792910
2020-04-01 0.078000 1.003861
2019-03-28 0.109000 1.191257
2018-04-02 0.126000 2.035541
2017-03-30 0.112000 1.707317
2016-04-14 0.429000 4.409044
2015-04-15 0.394000 3.087774
2014-04-14 0.462000 3.629222
2013-04-10 0.433000 3.566721
2011-04-14 0.348000 2.797428
2010-04-14 0.193000 1.759344
2009-04-23 0.221000 2.404788
2008-04-10 0.408500 4.082958
2007-04-12 0.357500 1.874181
2006-04-11 0.290000 1.569689
2005-04-07 0.179000 1.253501
2002-08-09 0.050000 1.562500
2001-03-29 0.250000 0.893855
2000-04-03 0.288750 0.280000
2000-03-24 0.062500 0.048632
1999-03-24 0.065000 0.246884
1998-03-31 0.059375 0.199737
1997-04-28 0.043750 0.227181
1996-05-09 0.034375 0.254335
1995-05-09 0.025000 0.239029
1994-05-10 0.018750 0.278261
1993-05-10 0.019844 0.314555
1992-05-08 0.019531 0.555548
Additional Data
dividendRate 0.32
dividendYield 3.03
exDividendDate 2026-09-29
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.158
lastDividendDate 2026-09-29
dividendDate 2026-10-13

Info Dump

Attribute Value
52 Week Change 0.11052632
Address1 Torshamnsgatan 21
Address2 Kista
All Time High 131.5625
All Time Low 0.703125
Ask 12.05
Ask Size 1
Average Analyst Rating 3.9 - Underperform
Average Daily Volume10 Day 14,001,980
Average Daily Volume3 Month 10,235,626
Average Volume 10,235,626
Average Volume10Days 14,001,980
Beta 0.511
Bid 9.08
Bid Size 1
Book Value 30.791
City Stockholm
Compensation As Of Epoch Date 1,767,139,200
Country Sweden
Crypto Tradeable 0
Currency USD
Current Price 10.55
Current Ratio 1.159
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 10.76
Day Low 10.51
Debt To Equity 40.748
Display Name Telefonaktiebolaget LM Ericsson
Dividend Date 1,791,849,600
Dividend Rate 0.32
Dividend Yield 3.03
Earnings Call Timestamp End 1,792,047,600
Earnings Call Timestamp Start 1,792,047,600
Earnings Growth -0.468
Earnings Quarterly Growth -0.479
Earnings Timestamp 1,792,067,400
Earnings Timestamp End 1,792,067,400
Earnings Timestamp Start 1,792,067,400
Ebitda 37,270,999,040
Ebitda Margins 0.16149999
Eps Current Year 0.66755
Eps Forward 0.63331
Eps Trailing Twelve Months 0.62
Esg Populated 0
Ex Dividend Date 1,790,640,000
Exchange NMS
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.9214
Fifty Day Average Change 0.6286001
Fifty Day Average Change Percent 0.06335801
Fifty Two Week Change Percent 11.052632
Fifty Two Week High 13.77
Fifty Two Week High Change -3.2200003
Fifty Two Week High Change Percent -0.2338417
Fifty Two Week Low 9.04
Fifty Two Week Low Change 1.5100002
Fifty Two Week Low Change Percent 0.16703543
Fifty Two Week Range 9.04 - 13.77
Financial Currency SEK
First Trade Date Milliseconds 367,507,800,000
Five Year Avg Dividend Yield 3.36
Float Shares 2,835,454,468
Forward Eps 0.63331
Forward P E 16.658508
Free Cashflow 28,756,250,624
Full Exchange Name NasdaqGS
Full Time Employees 85,417
Fullday Change -0.14999962
Fullday Change Percent -1.4005567
Fullday Price 10.55
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.48014
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.122370005
Implied Shares Outstanding 3,245,545,784
Industry Communication Equipment
Industry Disp Communication Equipment
Industry Key communication-equipment
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,790,640,000
Last Dividend Value 0.158
Last Fiscal Year End 1,767,139,200
Last Split Date 1,213,056,000
Last Split Factor 2:1
Long Business Summary 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.
Long Name Telefonaktiebolaget LM Ericsson (publ)
Market us_market
Market Cap 34,240,507,904
Market State CLOSED
Max Age 86,400
Message Board Id finmb_269706
Most Recent Quarter 1,790,726,400
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 32,314,835,290
Number Of Analyst Opinions 6
Open 10.57
Operating Margins 0.0
Payout Ratio 0.5166
Peg Ratio 1.9
Phone 46 10 719 00 00
Post Market Change 0.010000229
Post Market Change Percent 0.094788894
Post Market Price 10.56
Post Market Time 1,792,192,781
Previous Close 10.71
Price Eps Current Year 15.804059
Price Hint 2
Price To Book 0.3426326
Profit Margins 0.08364
Quick Ratio 0.88
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key underperform
Recommendation Mean 3.85714
Region US
Regular Market Change -0.16
Regular Market Change Percent -1.49393
Regular Market Day High 10.76
Regular Market Day Low 10.51
Regular Market Day Range 10.51 - 10.76
Regular Market Open 10.57
Regular Market Previous Close 10.71
Regular Market Price 10.55
Regular Market Time 1,792,180,801
Regular Market Volume 15,877,985
Return On Assets 0.070650004
Return On Equity 0.18088
Revenue Growth 0.058
Sand P52 Week Change 0.13723719
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 2,983,789,801
Shares Percent Shares Out 0.023
Shares Short 74,777,498
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 63,899,768
Short Name Ericsson
Short Percent Of Float 0.025
Short Ratio 9.83
Source Interval 15
Symbol ERIC
Target High Price 10.4
Target Low Price 8.7
Target Mean Price 9.46667
Target Median Price 9.25
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.62
Trailing P E 17.016129
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.8973
Two Hundred Day Average Change -0.34729958
Two Hundred Day Average Change Percent -0.031870242
Type Disp Equity
Volume 15,877,985
Website https://www.ericsson.com
Zip 164 83