Why Is Telefonaktiebolaget LM Ericsson (publ) (ERIC) Stock Down Today?
Live update on ERIC's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Telefonaktiebolaget LM Ericsson (publ) (ERIC)
Summary
Telefonaktiebolaget LM Ericsson (publ) (ERIC) is trading down -2.61% at $9.88, reflecting a negative shift in investor sentiment today. The stock opened at $9.99 and has moved between $9.84 and $10.02 so far.
Trading volume is 16052940, which is 39% above its average, and the price action suggests selling interest.
Technically, ERIC is trading below its 50-day moving average of $12.05 and below its 200-day moving average of $10.73, indicating short-term and long-term weakness.
Analyst sentiment is bullish. Meyka's AI assigns ERIC a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -2.78% in 1 month ($9.60), +40.08% in 1 year ($13.83), and +174.13% in 5 years ($27.07).
See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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ERIC Technical Signals
Trading below 50-day moving average ($12.05)
Trading below 200-day moving average ($10.73)
Analyst Recommendations
Price Forecast
1 Month
$9.60
1 Year
$13.83
3 Years
$20.46
5 Years
$27.07
Is this change significant?
5-Day:-11.59%
1-Month:-17.59%
3-Month:-15.16%
What's next?
Next earnings date: 7/30/2025