Sale Announcement: Francisco Partners has completed the sale of iconectiv, LLC, a telecommunications solutions provider, to Koch Equity Development LLC, in partnership with Ericsson.
Leadership Comments: Richard Jacowleff, CEO of iconectiv, expressed gratitude towards Francisco Partners for their support and optimism about the future with KED, emphasizing the company's commitment to reliable communication solutions.
Industry Context: Andrew Kowal from Francisco Partners highlighted the importance of technological security driven by globalization and digitalization, positioning iconectiv as an industry leader in this context.
Company Background: Iconectiv, acquired by Ericsson in 2012, serves over 5,000 clients globally with services related to information, digital identity, and numbering intelligence, and has been co-owned by Ericsson and Francisco Partners since 2017.
ERIC
$9.625+Infinity%1D
Analyst Views on ERIC
Wall Street analysts forecast ERIC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ERIC is 9.33 USD with a low forecast of 6.40 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast ERIC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ERIC is 9.33 USD with a low forecast of 6.40 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
3 Hold
1 Sell
Hold
Current: 9.560
Low
6.40
Averages
9.33
High
11.00
Current: 9.560
Low
6.40
Averages
9.33
High
11.00
Citi
Neutral
maintain
$85 -> $95
2025-10-22
Reason
Citi
Price Target
$85 -> $95
2025-10-22
maintain
Neutral
Reason
Citi raised the firm's price target on Ericsson to SEK 95 from SEK 85 and keeps a Neutral rating on the shares.
Danske Bank
Buy
to
Hold
downgrade
SEK 100
2025-10-15
Reason
Danske Bank
Price Target
SEK 100
2025-10-15
downgrade
Buy
to
Hold
Reason
Danske Bank downgraded Ericsson to Hold from Buy with a SEK 100 price target.
Barclays
Underweight
maintain
2025-10-15
Reason
Barclays
Price Target
2025-10-15
maintain
Underweight
Reason
Barclays raised the firm's price target on Ericsson to SEK 70 from SEK 55 and keeps an Underweight rating on the shares. The firm increased revenue and margin estimates post the company's Q3 report. However, its structural view is unchanged as it still sees downside risk for Ericsson.
JPMorgan
Sandeep Deshpande
Neutral
maintain
2025-10-15
Reason
JPMorgan
Sandeep Deshpande
Price Target
2025-10-15
maintain
Neutral
Reason
JPMorgan analyst Sandeep Deshpande raised the firm's price target on Ericsson to SEK 100.90 from SEK 93 and keeps a Neutral rating on the shares.
About ERIC
Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
