NASDAQ:ERIC

5.41
0.05 (0.92%) 1d
0

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This summary was created by AI, based on 1 opinions in the last 12 months.

According to the reviews from different experts, it seems that Ericsson LM Telephone, with symbol ERIC-Q, has made significant investments in 5G technology, but it may take several years to realize a return on this investment. The company's performance has been disappointing, which raises concerns about its future prospects and ability to deliver value to its shareholders. It is apparent that the company is facing challenges that may impact its stock performance and investor confidence in the near term.

Consensus
Negative
Valuation
Overvalued
DON'T BUY

It spent a lot on 5G and it will take several years to realize the return on this. The company has been disappointing.

Telecommunications
PAST TOP PICK
(A Top Pick Dec 23/20, Down 5%) The leader in 5G growth. 3 players in 5G, and between NOKIA and ERIC, he chooses ERIC. A big deal for telcos to drive revenue growth. 12-month price target of $14.75. Buy in thirds here at $10.95, 10.50, and 10.
Telecommunications
PAST TOP PICK
(A Top Pick Sep 02/20, Down 1%) Got out of it in the high $13s 6 months ago. There was a dip a couple months ago. Still believes in the 5G space. Not something that is a long term hold.
Telecommunications
DON'T BUY

Europe was more advanced than Canada until 2000s in terms of telecommunications. Now that Europe has lowered the cost of consumer phones, there was a lull and under investment in the network in Europe. There will be continuing development with towers for wireless activities and 5G. Political concerns with Huawei will help Ericsson. Optical equipment grow quickly and then stagnates.

Telecommunications
BUY
Global leader. In his bullpen of names to look at. Poised to benefit from 5G rollout with a very competitive product. Set for free cashflow acceleration over the next few years. Trades at below market multiple. High quality name.
Telecommunications
PAST TOP PICK
(A Top Pick Sep 02/20, Up 15%) A play on the 5G roll-out. When he bought this, there were issues with Huawei. ERIC will be in a position to win more 5G contracts, and 5G is in its infancy. Maybe it's not his first pick in this space now, but definitely hold it if you own it.
Telecommunications
TOP PICK
One of the highest spend areas around the world is the cloud. Still has significant upside. King of 5G deployment. Getting traction around the world. Buy some here around $11.70, and then add to at $11, and at 10.25. Yield is 0.72%. (Analysts’ price target is $13.88)
Telecommunications
DON'T BUY

Up from its lows. He stays away from hardware producers, as it's hard to differentiate products except for Apple. Issue of timing. Huawei is still a serious player. Hardware is traditionally a hard business to make money in.

Telecommunications
TOP PICK

Along with Nokia, an alternative to Huawei. Just rolled out 5G in Slovenia. Tons of investment opportunity in the sector. Yield is 0.64%. (Analysts’ price target is $12.13)

Telecommunications
DON'T BUY
A critical player in 5G. However, he has found better opportunities elsewhere. It could still have some run, but he would prefer tower companies or US telecoms. They have disappointed in the past.
Telecommunications
WAIT

Product probably inferior to Huawei, which will continue to grow. The question is who will be competition of Cisco in other markets. Ericsson could benefit structurally from the Five Eyes alliance. He's not a buyer here. A lot depends on whether the Democrats get the keys to the White House and want to continue with the China ban on technology.

Telecommunications
COMMENT

Nokia vs. Ericsson These companies have come into their own since the US government has pressured other government to not use Huawei for their 5G networks. Ericsson has done well in 5G. Nokia made an acquisition of Alcatel-Lucent that was difficult to pull off but has since gotten a lot better. Nokia will do a little better than Ericsson. Nokia has new management.

Telecommunications
BUY
He picked this for the 5G space as the main provider for technology. It has a good track record and management is solid. They are getting a lot of orders on their own and because of Huawei's controversy. (Analysts’ price target is $10.50)
Telecommunications
COMMENT

5G deployment is a key theme for him right now. NOK and CSCO are others in the space. He much prefers ERIC overall -- he thinks it could go to $12 per share.

Telecommunications
BUY

vs. AMD? A tough call. AMD is more a trading stock. ERIC is long-term. Both are in chips and especially 5G deployment which will play out over time. He picks ERIC.

Telecommunications
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Ericsson LM Telephone(ERIC-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Ericsson LM Telephone is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ericsson LM Telephone(ERIC-Q) Frequently Asked Questions

What is Ericsson LM Telephone stock symbol?

Ericsson LM Telephone is a American stock, trading under the symbol ERIC-Q on the NASDAQ (ERIC). It is usually referred to as NASDAQ:ERIC or ERIC-Q

Is Ericsson LM Telephone a buy or a sell?

In the last year, 1 stock analyst published opinions about ERIC-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ericsson LM Telephone.

Is Ericsson LM Telephone a good investment or a top pick?

Ericsson LM Telephone was recommended as a Top Pick by on . Read the latest stock experts ratings for Ericsson LM Telephone.

Why is Ericsson LM Telephone stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ericsson LM Telephone worth watching?

1 stock analyst on Stockchase covered Ericsson LM Telephone In the last year. It is a trending stock that is worth watching.

What is Ericsson LM Telephone stock price?

On 2024-02-26, Ericsson LM Telephone (ERIC-Q) stock closed at a price of $5.41.