Why Is Telefonaktiebolaget LM Ericsson (publ) (ERIC) Stock Up Today?
Live update on ERIC's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
ERIC is Down -1.79% today
You might want to check out Why is ERIC Down Today?
Telefonaktiebolaget LM Ericsson (publ) (ERIC)
Summary
Telefonaktiebolaget LM Ericsson (publ) (ERIC) is trading down -1.79% at $9.89, 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 21349792, which is 84% above its average, and the price action suggests selling interest.
Technically, ERIC is trading below its 50-day moving average of $12.02 and below its 200-day moving average of $10.74, 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 -2.93% in 1 month ($9.60), +39.87% in 1 year ($13.83), and +173.71% 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 ($12.02)
Trading below 200-day moving average ($10.74)
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:-13.17%
1-Month:-15.83%
3-Month:-18.67%
What's next?
Next earnings date: 7/30/2025