50% off all subscriptions! ... left. Order NowOrder Now

Weaker Stock
Today ERIC ranks #10703 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$10.12 (-3.07%)

Volume: 4M

Closed: Nov 26, 2021

Hollow Logo Score: -3.356

Ericsson Stock Forecast

$10.12 (-3.07%)

Volume: 4M

Closed: Nov 26, 2021

Score Hollow Logo -3.356

Ericsson Stock Forecast NASDAQ:ERIC

Price Target and Analyst Ratings

Most Recent Rating

On Oct 25, 2021 "Bank of America" gave "" rating for ERIC. The price target was changed from $11.17 to 3.5%.

Last 30 Days

Historical Ratings

Date Rating Action Authority Current Price Target Price
2021-10-25 Initiated by Bank of America $11.04 $11.17→3.5%
2021-10-20 Reiterated by JPMorgan Chase & Co. $11.84 $11.84+0.9%
2021-10-20 $21.00 - $18.00 Target Lowered by Cowen $11.84 $11.84+0.9%
2021-10-20 $14.50 - $14.00 Target Lowered by Raymond James $11.84 $11.77+0.3%
2021-10-08 Reiterated by Barclays $11.67 $11.68+0.9%
2021-07-20 Reiterated by Credit Suisse Group $11.60 $11.61→0.2%
2021-07-19 Downgraded by Argus $11.63 $11.76→0.5%
2021-07-19 Reiterated by Morgan Stanley $11.63 $11.54→2.4%
2021-07-19 Reiterated by UBS Group $11.63 $11.54→2.4%
2021-07-19 Reiterated by Citigroup $11.63 $11.54→2.4%
2021-07-19 Reiterated by Barclays $11.63 $11.54→2.4%
2021-07-13 $19.00 - $21.00 Target Raised by Cowen $13.29 $13.35+2.6%
2021-07-12 Reiterated by Citigroup $13.00 $13.02+0.1%
2021-07-12 $13.02 Target Set by Citigroup $13.00 $13.00→0.1%
2021-07-06 Outperform Reiterated by Credit Suisse Group $12.94
2021-07-01 Equal Weight Reiterated by Morgan Stanley $12.75
2021-06-24 Neutral - Sell Downgraded by UBS Group $12.58
2021-05-07 Overweight - Equal Weight Downgraded by Morgan Stanley $13.90
2021-04-23 Overweight Reiterated by Morgan Stanley $14.16
2021-04-23 Overweight Reiterated by Barclays $14.16
2021-04-22 Outperform Target Raised by Cowen $14.09 $17.00 → $19.00
2021-04-14 Overweight Reiterated by Barclays $13.68
2021-04-08 Outperform Reiterated by Credit Suisse Group $13.95
2021-04-07 Buy Reiterated by Raymond James $13.61
2021-03-15 Buy Upgraded by SEB Equity Research $13.68
2021-03-15 Hold - Buy Upgraded by SEB Equities $13.68
2021-02-01 Overweight Reiterated by Barclays $12.75
2021-02-01 Outperform Reiterated by Credit Suisse Group $12.75
2021-02-01 Hold Reiterated by Deutsche Bank Aktiengesellschaft $12.75
2021-02-01 Overweight Reiterated by JPMorgan Chase & Co. $12.75
2021-02-01 Outperform Target Raised by Cowen $12.75 $15.00 → $17.00
2021-02-01 Overweight Reiterated by Morgan Stanley $12.75
2021-01-22 Hold - Buy Upgraded by Nordea Equity Research $11.83
2021-01-14 Overweight Reiterated by Barclays $11.69
2020-11-20 Neutral Reiterated by UBS Group $12.11
2020-11-12 Hold - Buy Upgraded by Societe Generale $11.80
2020-10-22 Overweight Reiterated by Morgan Stanley $12.44
2020-10-22 Hold - Buy Upgraded by Danske $12.44
2020-10-22 Hold Reiterated by Societe Generale $12.44
2020-10-22 Overweight Reiterated by JPMorgan Chase & Co. $12.44
2020-10-22 Outperform Reiterated by Credit Suisse Group $12.44
2020-10-22 Overweight Reiterated by Barclays $12.44
2020-10-22 Hold Reiterated by Deutsche Bank Aktiengesellschaft $12.44
2020-10-21 Outperform Target Raised by Raymond James $12.44 $12.00 → $13.50
2020-10-21 Outperform Reiterated by Raymond James $12.44 $12.00 → $13.50
2020-09-29 Outperform Reiterated by Credit Suisse Group $10.88
2020-09-21 Outperform Target Lowered by Raymond James $10.75 $12.50 → $12.00
2020-09-21 Buy Reiterated by Charter Equity $10.75
2020-07-20 Overweight Reiterated by Morgan Stanley $11.59
2020-07-20 Overweight Reiterated by JPMorgan Chase & Co. $11.59
2020-07-20 Buy Target Raised by Bank of America $11.59 $10.50 → $13.00
2020-07-20 Buy Reiterated by Citigroup $11.59
2020-06-22 Outperform Target Raised by Raymond James $9.20 $9.00 → $10.00
2020-04-17 Outperform Reiterated by Credit Suisse Group $8.72

ERIC Stock Trend

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $10.05 is broken, it will firstly indicate a stronger fall rate.

Given the current short-term trend, the stock is expected to fall -9.49% during the next 3 months and, with a 90% probability hold a price between $9.09 and $10.56 at the end of this 3-month period.

Data

Date Bottom Mid Top
2021-11-30 $10.03 $10.84 $11.65
2021-12-01 $10.01 $10.82 $11.63
2021-12-02 $9.99 $10.80 $11.61
2021-12-03 $9.97 $10.78 $11.59
2021-12-06 $9.95 $10.76 $11.57
2021-12-07 $9.93 $10.74 $11.55
2021-12-08 $9.91 $10.72 $11.53
2021-12-09 $9.89 $10.70 $11.51
2021-12-10 $9.87 $10.68 $11.49
2021-12-13 $9.85 $10.66 $11.47
2021-12-14 $9.83 $10.64 $11.45
2021-12-15 $9.82 $10.62 $11.43
2021-12-16 $9.80 $10.60 $11.41
2021-12-17 $9.78 $10.59 $11.39
2021-12-20 $9.76 $10.57 $11.38
2021-12-21 $9.74 $10.55 $11.36
2021-12-22 $9.72 $10.53 $11.34
2021-12-23 $9.70 $10.51 $11.32
2021-12-27 $9.68 $10.49 $11.30
2021-12-28 $9.66 $10.47 $11.28
2021-12-29 $9.64 $10.45 $11.26
2021-12-30 $9.62 $10.43 $11.24
2021-12-31 $9.60 $10.41 $11.22
2022-01-03 $9.58 $10.39 $11.20
2022-01-04 $9.56 $10.37 $11.18
2022-01-05 $9.54 $10.35 $11.16
2022-01-06 $9.52 $10.33 $11.14
2022-01-07 $9.50 $10.31 $11.12
2022-01-10 $9.49 $10.29 $11.10
2022-01-11 $9.47 $10.27 $11.08

About Ericsson

Ericsson Telefonaktiebolaget LM Ericsson (publ) provides network equipment and software, and services for network and business operations worldwide. Its Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud. This segment offers radio access solutions; IP routing and transport solutions; microwave and optical transmission solutions for mobile and fixed networks; IP mul... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT