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SWE Nasdaq STO SEK

Ericsson supplies telecommunications infrastructure, 5G networking hardware and cloud systems that form critical connectivity layers for AI data centers and applications.

Snapshot
Country SWE SWE
ExchangeNasdaq STO
AI Layer infra
Category 3.40 Networking Hardware & Silicon
Sentiment 48.5%
USD Mkt Cap33.22B
USD Revenue23.46B
USD Net Income2.54B
P/E13.37
fwd P/E14.39
PEG1.93
Price 3M-16.5%
Price 6M-9.1%
Price 1Y+35.4%
Price 2Y+37.3%
USD Share Price10.04
Price History
Price & Size
Price 98.66 SEK
Market Cap 322.19B SEK
Shares Outstanding 3.00B
Shares Float 2.88B
52w Low 72.52 SEK
52w High 128.45 SEK
Avg Volume 8.96M
Valuation
P/E (trailing) 13.4x
P/E (forward) 14.4x
P/B 3.14x
Enterprise Value 312.31B SEK
Book Value / Share 31.47 SEK
PEG Ratio 1.93x
P/S 1.42x
EV / Revenue 1.37x
EV / EBITDA 8.85x
Income
Revenue 227.55B SEK
Revenue / Share 68.37 SEK
EBITDA 35.28B SEK
Net Income 24.64B SEK
EPS (trailing) 7.38 SEK
Margins & Profitability
Gross Margin 48.1%
Operating Margin 12.5%
Profit Margin 10.8%
EBITDA Margin 15.5%
Return on Equity 26.1%
Return on Assets 7.0%
Growth
Revenue Growth -6.1%
Earnings Growth -10.9%
Cash & Debt
Total Cash 54.10B SEK
Total Debt 39.48B SEK
Free Cash Flow 30.71B SEK
Operating Cash Flow 33.78B SEK
Debt / Equity 0.38x
Current Ratio 1.12x
Quick Ratio 0.86x
Dividend
Rate 3.00 SEK
Yield 3.0%
Payout Ratio 39.6%
Ex-Date 2026-09-28
Risk
Beta 0.51
Analyst Consensus
Target (Mean) 96.84 SEK
Target (Median) 100.00 SEK
Target (High) 133.00 SEK
Target (Low) 68.00 SEK
Recommendation none
# Analysts 19
Identifiers
ISINSE0000108656
FIGIBBG000BX2SH2
SEDOL7145056
Sentiment 48.5%
Positive drivers

Ericsson reported steady progress in 5G network upgrades and new AI-driven optimization contracts in Europe and Asia during August 2026. Partnerships with major cloud providers for edge computing solutions contributed to positive analyst notes. Cost-efficiency measures in R&D yielded better-than-expected margins in the latest quarterly update.

Neutral / mixed

Global telecom capex remained flat amid macroeconomic uncertainty, leading to mixed order intake figures. Currency fluctuations and ongoing supply chain normalization created neutral impacts on reported revenues. Investor focus stayed on long-term 6G research timelines without immediate catalysts.

Negative drivers

Intense competition from Huawei and Nokia in key emerging markets pressured Ericsson's market share in Q3 2026. Delayed regulatory approvals for certain infrastructure projects in North America weighed on sentiment. Rising geopolitical tensions raised concerns over export restrictions affecting future growth.

Bottom line

Overall sentiment for Ericsson B remains slightly below neutral, reflecting balanced but cautious market views amid steady operational execution offset by competitive and macro headwinds.