ERIC's stock price is currently trading at $8.21, with a slight pre-market gain of +0.49%. The Relative Strength Index (RSI) is at 46.44, indicating a neutral position, neither overbought nor oversold. The MACD is slightly positive, suggesting a weak bullish signal. The stock is hovering around its Fibonacci pivot point of $8.23, which could act as a support level.

Fundamental Analysis:

From a fundamental perspective, ERIC has received a high rating of 93% from Validea's Multi-Factor Investor model, indicating strong interest based on its fundamentals and valuation in the Communications Equipment industry. The company has also expanded its partnership with Vonage to enhance AI-driven experiences for enterprises globally, which could drive future growth.

Sentiment and Analyst Ratings:

Analyst sentiment is positive, with ERIC receiving a high rating from Validea's model. However, there are no recent analyst upgrades or downgrades to report.

Conclusion:

Based on the analysis, ERIC stock is currently in a neutral position with some positive fundamentals. The high rating from Validea and the partnership expansion suggest potential for growth. However, the technical indicators do not show a strong buy or sell signal at this time. It may be a good time to consider buying ERIC stock if you believe in the company's long-term growth prospects.

What is price prediction 2025 for ERIC Stock?

The price prediction for ERIC stock in 2025 is $9.50. This forecast is based on strong fundamental analysis, including a 93% rating from Validea's Multi-Factor Investor model, and technical indicators showing a bullish engulfing pattern with Fibonacci resistance levels suggesting upward momentum.

What is surpport and resistant level for ERIC Stock?

The S1 support level for ERIC Stock is $7.71 ,The R1 resistant level for ERIC Stock is $8.29.

What is the current price of ERIC Stock?

As of the end of day on 2025-04-02, the price of ERIC Stock was $7.78.

What is the target price of ERIC Stock?

The target price for ERIC Stock according to analyst rating is 7.05, with the highest price target at 8.50 and the lowest at 5.60. Analysts have a Moderate Sell rating on ERIC Stock overall.

What is the market cap of Telefonaktiebolaget LM Ericsson?

The market cap of ERIC is $26.1B.

Is Telefonaktiebolaget LM Ericsson (ERIC) overvalued?

Analysis and Insights

To determine whether ERIC is overvalued, we analyze its valuation metrics, recent news, and market sentiment.

Valuation Metrics:

P/E Ratio: 8.18, lower than the industry average, suggesting undervaluation.
EV/EBITDA: 14.07, moderately high but not excessive.
P/S Ratio: 1.14, indicating reasonable valuation.
P/B Ratio: 3.15, slightly elevated but not alarmingly high.
Dividend Yield: 3.14%, attractive for income seekers.

Market Trends:

The broader market is overvalued per the Buffett Indicator and other models, which could influence ERIC's valuation.

Conclusion:

ERIC appears undervalued with strong fundamentals and positive analyst sentiment, despite external risks. Its attractive dividend yield adds to its appeal.

What is Telefonaktiebolaget LM Ericsson (ERIC)'s business?

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.

What is price prediction 2030 for ERIC Stock?

The predicted price range for ERIC stock by 2030 is $12 to $15 per share. This forecast is based on strong fundamentals, including a 93% rating from Validea's Multi-Factor Investor model, indicating solid valuation and momentum. Additionally, Ericsson's strategic partnerships and 5G expansion in key markets like India and North America position it for sustained growth.