ERIC
Strong BuyUnloved QualityAI neutralTelefonaktiebolaget LM Ericsson (publ) · Technology · Sweden · $31.8B cap · $108.0M/day traded
$10.65 +3.0% · close 20 Oct · scored 21 Oct
StockRank up 1.1 since 20 Oct.
Unloved Quality: Strong and cheap; the market has not turned yet.
Read our full research report on ERIC (May 2026), freeAs of 21 Oct 2026, MoatMap's StockRank for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is 90/100, ranked against 24,000+ stocks in 35 markets (Quality 68, Value 74, Momentum 49, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Ericsson is one of three global suppliers of mobile network equipment, with a large patent licensing business and an active share buyback. The shares have had a historic rally as margins recovered and cash flow improved. But the core radio market is mature and driven by operator capital budgets that are not growing much, the enterprise segment is still being turned around, and commentary points to rising input costs. After the rally, the valuation no longer offers an obvious margin of safety for a business whose growth depends on a spending cycle.
ABOUT TELEFONAKTIEBOLAGET LM ERICSSON (PUBL)
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Telefonaktiebolaget LM Ericsson is a global leader in communication technology and services, providing equipment, software, and services to telecommunications operators worldwide, with a strong focus on 5G infrastructure. The company’s competitive moat is built on its extensive R&D, broad patent portfolio, and long-standing relationships with major mobile network operators. Ericsson is a key player in shaping future communication networks, driving innovation in areas like cloud RAN and private networks.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 27.4B | 26.5B | 25.0B | 23.9B | -4.5% | 23.9B | 23.1B | 23.6B | -0.6% |
| EPS | 0.57 | -0.80 | 0.00 | 0.86 | 14.9% | 0.62 | 0.57 | 0.54 | -20.4% |
| Shares | 3.3B | 3.3B | 3.3B | 3.3B | +0.1% | 3.0B | — | — | — |
| Debt | 4.3B | 5.5B | 4.6B | 4.1B | -1.6% | 4.1B | — | — | — |
| Equity | 13.6B | 9.9B | 9.5B | 11.0B | -6.7% | — | — | — | — |
| Op CF | 3.1B | 723.5M | 4.7B | 3.3B | 2.2% | 3.3B | — | — | — |
| Inv CF | -3.5B | -878.3M | -1.6B | -1.2B | — | — | — | — | — |
| Fin CF | -1.6B | 101.5M | -2.4B | -1.4B | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 61% of stocks we rank over the past year (36% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of ERIC are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| ERIC | Telefonaktiebolaget LM Ericsson (publ)(you) | $31.8B | 90 | Strong Buy |
| HMS.ST | HMS Networks AB (publ) | $2.8B | 71 | Buy |
| EPEN.ST | Ependion AB | $510M | 81 | Strong Buy |
| IVSO.ST | Invisio AB (publ) | $1.1B | 64 | Hold |
| HTRO.ST | Hexatronic Group AB (publ) | $931M | 66 | Buy |
| ALCA.ST | Alcadon Group AB (publ) | $75M | 88 | Strong Buy |
| HEXA-B.ST | Hexagon AB (publ) | $26.8B | 68 | Buy |
| TAGM-B.ST | TagMaster AB (publ) | $60M | 93 | Strong Buy |
| LUMEN.ST | LumenRadio AB (publ) | $64M | 83 | Strong Buy |
| NETI-B.ST | Net Insight AB (publ) | $106M | 33 | Sell |
Peer medians: ROE 10.8% · P/E 20.4x · Gross margin 48.1%
Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.