Telefonaktiebolaget L M (ERIC) closed at $10.66 on October 23, 2026, up 2.7% from the previous close, on volume of 14,665,165 shares (30-day average 10,229,767).
Data as of October 23, 2026.
23-Oct-2026
Ericsson’s Vonage wins a Gold Merit Award as identity fraud costs top $10 trillion in 2025
Market Chameleon (Thu, 22-Oct 4:51 AM ET)
Vonage Wins Gold at Merit Awards for Technology
Business Wire (Thu, 22-Oct 8:30 AM ET)
Goldman Sachs Sticks to Its Sell Rating for Telefonaktiebolaget LM Ericsson Class B (0O87)
TipRanks (Wed, 21-Oct 4:46 AM ET)
Ericsson Steps Up Share Buybacks with SEK 391.8 Million Repurchases in Mid-October 2026
TipRanks (Mon, 19-Oct 11:27 AM ET)
Verizon and Ericsson Accelerate 6G Development with World's First Outdoor 6G Field Call
PRNewswire (Thu, 15-Oct 8:01 AM ET)
Ericsson announces simplification of Group structure and changes to the Executive Team
PRNewswire (Thu, 15-Oct 1:27 AM ET)
Invitation to media and analyst briefing for Ericsson Q3 2026 report
PRNewswire (Thu, 1-Oct 2:11 AM ET)
Market Chameleon (Wed, 23-Sep 4:39 AM ET)
Vonage and Epic Hello World Collaborate to Improve Patient Engagement and Reduce No-Shows
Business Wire (Wed, 23-Sep 8:30 AM ET)
PRNewswire (Mon, 14-Sep 9:00 AM ET)
Ericsson is a networking equipment and software provider, primarily selling mobile networking equipment and services to wireless service providers. Ericsson operates in three segments: networks, cloud software and services, and enterprise. While large wireless carriers are its largest customers, Ericsson has expanded its offerings for large enterprises. These products and services include private 5G networking, contact centers as a service, and application performance interfaces. Ericsson aims to combine its 5G network expertise with cloud-native, as-a-service platforms offering a more comprehensive hardware and software package. Ericsson also monetizes its research and development investments by licensing patents to handset manufacturers.
Telefonaktiebolaget L M trades on the NASDAQ stock market under the symbol ERIC.
As of October 23, 2026, ERIC stock price climbed to $10.66 with 14,665,165 million shares trading.
ERIC has a beta of 0.78, meaning it tends to be less sensitive to market movements. ERIC has a correlation of 0.08 to the broad based SPY ETF.
ERIC has a market cap of $34.60 billion. This is considered a Large Cap stock.
Last quarter Telefonaktiebolaget L M reported $6 billion in Revenue and $.18 earnings per share. This beat revenue expectation by $378 million and exceeded earnings estimates by $.04.
In the last 3 years, ERIC traded as high as $13.77 and as low as $4.33.
The top ETF exchange traded funds that ERIC belongs to (by Net Assets): AIQ, IDEQ, AVDE, UFOX, IDGT.
ERIC has outperformed the market in the last year with a price return of +17.0% while the SPY ETF gained +14.3%. ERIC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +17.6% and +11.6%, respectively, while the SPY returned +3.2% and -2.4%, respectively.
ERIC support price is $10.19 and resistance is $10.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ERIC shares will trade within this expected range on the day.
