7.58
price down icon1.56%   -0.12
after-market After Hours: 7.60 0.02 +0.26%
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Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Forecast

The Telefonaktiebolaget L M Ericsson Adr (ERIC) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $4.8795, representing a -35.63% decrease from the current price of $7.58. The highest analyst price target is $5.1537, and the lowest is $4.6052.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month ERIC Price Target
Average 5.3191 (-29.83% Downside)
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Is Telefonaktiebolaget L M Ericsson Adr (ERIC) A Buy Now?

Oscillators
Name Value Action
RSI(14) 58.82 Neutral
STOCH(9,6) 80.32 Sell
STOCHRSI(14) 8.1675 Buy
MACD(12,26) 0.1508 Buy
ADX(14) 38.03 Buy
William %R -37.33 Neutral
CCI(14) 30.63 Neutral
Buy: 3 Sell: 1 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
7.58
Sell
7.593
Sell
MA20
7.4605
Buy
7.4843
Buy
MA50
7.1494
Buy
7.1618
Buy
MA100
6.6051
Buy
6.7314
Buy
MA200
6.0856
Buy
6.2191
Buy
Buy: 8 Sell: 2 Neutral: 0
Summary: Buy
According to our latest analysis, ERIC could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 3 signaling Sell signals and 3 Neutral signals. This might be a good time to open fresh positions on ERIC, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 58.82 indicates that ERIC is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 80.32 indicates that ERIC is oversold. This means that ERIC price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 8.1675 indicates that ERIC is oversold. This suggests that ERIC price is at or near the lowest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 38.03 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 30.63 indicates that ERIC is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Long-term ERIC price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Telefonaktiebolaget L M Ericsson Adr financial reports and earnings history, Telefonaktiebolaget L M Ericsson Adr (ERIC) stock could reach $1.706 by 2030, $2.6034 by 2040 and $7.0863 by 2050. See the projected annual prices until 2050 of the Telefonaktiebolaget L M Ericsson Adr stock below:

  • Telefonaktiebolaget L M Ericsson Adr (ERIC) is expected to reach an average price of $0.00233 in 2035, with a high prediction of $0.5396 and a low estimate of $0.0427. This indicates an $-99.97% rise from the last recorded price of $7.58.
  • Telefonaktiebolaget L M Ericsson Adr (ERIC) stock is projected to chart a bullish course in 2040, with an average price target of $2.6234, representing an $-65.39% surge from its current level. The forecast ranges from a conservative $2.3723 to a sky-high $2.6034.
  • Our analysts predict Telefonaktiebolaget L M Ericsson Adr (ERIC) to jump -26.46% by 2045, soaring from $5.0824 to an average price of $5.5745, potentially reaching $5.6904. While $5.0824 is the low estimate, the potential upside is significant.
  • Telefonaktiebolaget L M Ericsson Adr (ERIC) stock is expected to climb by 2050, reaching an average of $6.6138, a $-12.75% jump from its current level. However, a wide range of estimates exists, with high and low targets of $7.0863 and $6.6212, respectively, highlighting the market's uncertainty.

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Year by Year Forecast

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Price Forecast for 2024

Our forecast for ERIC stock price in 2024 now indicates an average price target of $4.9002 with a high forecast of $6.30 and a low forecast of $3.5003. The average prediction reflects an decrease of -35.35% from the last recorded price of $7.58.
Month Average Low High Change from today's price
November, 2024 $5.0132 $4.6052 $5.1537 -33.86%
December, 2024 $5.2491 $4.8297 $5.3241 -30.75%

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Price Forecast for 2025

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) is expected to reach an average price of $5.5616 in 2025, with a high prediction of $8.8616 and a low estimate of $2.2616. This indicates an -26.63% fall from the last recorded price of $7.58.
Month Average Low High Change from today's price
January, 2025 $4.8816 $4.6571 $5.3271 -35.60%
February, 2025 $3.9326 $3.8826 $5.1461 -48.12%
March, 2025 $4.0035 $3.8585 $5.3155 -47.18%
April, 2025 $4.211 $2.2616 $4.411 -44.45%
May, 2025 $4.6869 $3.7424 $4.8704 -38.17%
June, 2025 $4.5929 $4.1179 $4.8829 -39.41%
July, 2025 $5.2703 $4.6394 $6.0723 -30.47%
August, 2025 $5.6413 $5.1618 $6.2313 -25.58%
September, 2025 $7.8872 $5.5378 $8.1743 +4.05%
October, 2025 $7.5497 $7.2097 $8.3767 -0.40%
November, 2025 $7.2056 $6.6091 $7.5827 -4.94%
December, 2025 $7.5581 $6.8221 $8.8616 -0.29%

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Price Forecast for 2026

The predicted value for Telefonaktiebolaget L M Ericsson Adr (ERIC) in 2026 is set at an average of $9.6218. Estimates vary from a peak of $11.75 to a trough of $7.4896, indicating an +26.94% surge from the present price of $7.58.
Month Average Low High Change from today's price
January, 2026 $8.804 $7.4896 $8.9711 +16.15%
February, 2026 $8.30 $8.0235 $8.9235 +9.50%
March, 2026 $8.186 $7.9965 $8.6695 +7.99%
April, 2026 $9.3084 $7.9839 $11.75 +22.80%
May, 2026 $9.8144 $8.3464 $10.31 +29.48%
June, 2026 $10.49 $9.5238 $10.56 +38.39%
July, 2026 $9.8028 $9.4428 $10.91 +29.32%
August, 2026 $9.7487 $9.5422 $10.27 +28.61%
September, 2026 $9.6112 $8.9817 $9.7212 +26.80%
October, 2026 $8.1621 $7.9406 $10.01 +7.68%
November, 2026 $8.4731 $7.8001 $8.6416 +11.78%
December, 2026 $7.9005 $7.559 $8.7896 +4.23%

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Telefonaktiebolaget L M Ericsson Adr (ERIC) is $6.6417, with a high forecast of $9.6063 and a low forecast of $3.677. This indicates an -12.38% decrease from the last price of $7.58.
Month Average Low High Change from today's price
January, 2027 $8.2865 $7.7921 $8.9515 +9.32%
February, 2027 $7.6574 $7.3745 $7.921 +1.02%
March, 2027 $7.3099 $6.6869 $7.4999 -3.56%
April, 2027 $8.1558 $7.1764 $8.3458 +7.60%
May, 2027 $9.2618 $7.3488 $9.4318 +22.19%
June, 2027 $4.9543 $4.4243 $9.6063 -34.64%
July, 2027 $6.0202 $4.5707 $6.4752 -20.58%
August, 2027 $5.4362 $5.2862 $6.6932 -28.28%
September, 2027 $5.1886 $4.2256 $5.4127 -31.55%
October, 2027 $4.3946 $4.2246 $5.2916 -42.02%
November, 2027 $4.5505 $4.2155 $5.0259 -39.97%
December, 2027 $4.673 $3.677 $4.833 -38.35%

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Price Forecast for 2028

In 2028, Telefonaktiebolaget L M Ericsson Adr (ERIC) is projected to reach an average price of $3.5044, with a high projection of $4.7595 and a low estimate of $2.2494. This indicates an -53.77% fall from the last price of $7.58.
Month Average Low High Change from today's price
January, 2028 $4.2589 $4.1624 $4.7595 -43.81%
February, 2028 $2.8149 $2.7249 $4.5919 -62.86%
March, 2028 $2.6773 $2.2494 $3.6344 -64.68%
April, 2028 $3.4533 $2.4338 $3.4633 -54.44%
May, 2028 $3.0557 $2.8293 $3.9743 -59.69%
June, 2028 $2.8717 $2.6917 $3.6152 -62.11%
July, 2028 $2.9077 $2.8477 $3.2562 -61.64%
August, 2028 $2.6601 $2.6501 $3.0741 -64.91%
September, 2028 $3.1561 $2.4766 $3.2061 -58.36%
October, 2028 $2.722 $2.5255 $3.3176 -64.09%
November, 2028 $2.5645 $2.4215 $2.7685 -66.17%
December, 2028 $2.8104 $2.3639 $2.8174 -62.92%

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Price Forecast for 2029

The 2029 price forecast for Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) is $2.2976 on average, with a high prediction of $3.9151 and a low estimate of $0.68. This represents an -69.69% decrease from the previous price of $7.58.
Month Average Low High Change from today's price
January, 2029 $2.4429 $2.2499 $3.1234 -67.77%
February, 2029 $2.3688 $2.2423 $2.5358 -68.75%
March, 2029 $2.5048 $2.3853 $2.7283 -66.96%
April, 2029 $2.2407 $2.0843 $2.6813 -70.44%
May, 2029 $2.1232 $1.8137 $2.3872 -71.99%
June, 2029 $2.5491 $2.0697 $2.5927 -66.37%
July, 2029 $3.8551 $2.6256 $3.9151 -49.14%
August, 2029 $3.0975 $3.0875 $3.8616 -59.14%
September, 2029 $3.0735 $2.807 $3.124 -59.45%
October, 2029 $3.076 $2.966 $3.4255 -59.42%
November, 2029 $2.7719 $2.4419 $3.2589 -63.43%
December, 2029 $0.87 $0.68 $3.0534 -88.52%

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) Price Forecast for 2030

Telefonaktiebolaget L M Ericsson Adr Stock (ERIC) is expected to reach an average price of $0.8655 in 2030, with a high forecast of $1.7129 and a low forecast of $0.0181. This signifies an -88.58% decrease from the last price of $7.58.
Month Average Low High Change from today's price
January, 2030 $1.1099 $0.593 $1.706 -85.36%
February, 2030 $1.3068 $0.9838 $1.7129 -82.76%
March, 2030 $0.3787 $0.1847 $1.4148 -95.00%
April, 2030 $0.3644 $0.1253 $0.5747 -95.19%
May, 2030 $0.1495 $0.1845 $0.2564 -98.03%
June, 2030 $0.9224 $0.1685 $1.1445 -87.83%
July, 2030 $0.9873 $0.5704 $1.2023 -86.97%
August, 2030 $0.8343 $0.6743 $1.3443 -88.99%
September, 2030 $0.7112 $0.6862 $1.1032 -90.62%
October, 2030 $1.2211 $0.0181 $1.3911 -83.89%
November, 2030 $0.992 $0.053 $1.304 -86.91%
December, 2030 $0.1051 $0.1301 $0.5319 -98.61%
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Cap:     |  Volume (24h):