ERIC Stock Summary and Trading Ideas (Telefonaktiebolaget L M | NASDAQ:ERIC)

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 September 23, 2026, ERIC stock price declined to $9.73 with 6,473,414 million shares trading.

ERIC has a beta of 0.88, meaning it tends to be less sensitive to market movements. ERIC has a correlation of 0.11 to the broad based SPY ETF.

ERIC has a market cap of $31.78 billion. This is considered a Large Cap stock.

Last quarter Telefonaktiebolaget L M reported $5 billion in Revenue and $.13 earnings per share. This fell short of revenue expectation by $-418 million and met earnings estimates .

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, AVDE, IDEQ, UFOX, TDIV.

ERIC has outperformed the market in the last year with a return of +23.5%, while the SPY ETF gained +16.3%. However, in the most recent history, ERIC shares have underperformed the stock market with its stock returning -17.0% in the last 3 month period and -3.4% for the last 2 week period, while SPY has returned +3.4% and +0.5%, respectively.

ERIC support price is $9.64 and resistance is $10.00 (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.