Ericsson

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About ERIC

Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Cloud Software, Services, Enterprise, and Other.

CEO

Erik Börje Ekholm

CEOErik Börje Ekholm

Employees

94,236

Employees94,236

Headquarters

Kista, Stockholm

HeadquartersKista, Stockholm

Founded

1876

Founded1876

Employees

94,236

Employees94,236

ERIC Key Statistics

Market cap

31.96B

Market cap31.96B

Price-Earnings ratio

12.68

Price-Earnings ratio12.68

Dividend yield

2.07%

Dividend yield2.07%

Average volume

8.73M

Average volume8.73M

High today

$9.52

High today$9.52

Low today

$9.36

Low today$9.36

Open price

$9.49

Open price$9.49

Volume

6.51M

Volume6.51M

52 Week high

$10.35

52 Week high$10.35

52 Week low

$6.64

52 Week low$6.64

ERIC News

TipRanks 3d

Ericsson price target raised to SEK 98 from SEK 95 at Citi

Citi analyst Andrew Gardiner raised the firm’s price target on Ericsson (ERIC) to SEK 98 from SEK 95 and keeps a Neutral rating on the shares. Claim 70% Off Ti...

Benzinga 5d

Ericsson Moves To Cut Up To 1,600 Jobs In Sweden

Ericsson (NASDAQ:ERIC) stock climbed in early trading Thursday after the company revealed plans to cut jobs in Sweden. The moves aim to sharpen the telecom gea...

TipRanks 5d

Ericsson proposes to reduce staff in Sweden by 1,600 positions

Ericsson (ERIC) announced proposed staff reductions in Sweden. Ericsson has submitted a notice to the Swedish Public Employment Service. Approximately 1,600 pos...

Analyst ratings

56%

of 27 ratings

Buy

18.5%

Hold

55.6%

Sell

25.9%

More ERIC News

Nasdaq 5d

Ericsson: Proposed Staff Reductions In Sweden To Impact Approx. 1,600 Positions

(RTTNews) - Ericsson (ERIC) announced proposed staff reductions in Sweden, and has submitted a notice to the Swedish Public Employment Service. The company note...

The Wall Street Journal 5d

Ericsson Could Cut Around 1,600 Jobs in Sweden

Ericsson has around 90,000 global employees, of which just under 13,000 are in Sweden. tt news agency/Reuters STOCKHOLM—Ericsson ERIC.B 1.15 %increase; green u...