Ericsson (ADR) (ERIC)
Builds radio, core and cloud software systems for communications networks.
Something off on this page? Send us feedback.
Sells radio access, core-network, management and support systems to communications providers, with Networks supplying most of the business and Enterprise adding wireless and Vonage-based communications platforms. Its model rests on standards-led engineering, long carrier investment cycles and successful transitions between mobile-network generations.
Builds radio access, core-network, management and support systems for communications providers through Networks and Cloud Software and Services. Networks supplies most of the business, while Enterprise extends the portfolio into enterprise wireless and Vonage-based communications platforms; Other completes the reporting structure.
Operates across a global customer base and has repeatedly carried engineering and standards expertise from telephone switching through successive mobile generations to 5G and current network research. Long-cycle technology development and the ability to migrate carrier systems are central operating capabilities.
Depends on carrier investment cycles, successful standards transitions, resilient supply chains, geopolitical conditions, cybersecurity, intellectual-property licensing and effective acquisition integration. Compliance controls also remain structural after documented U.S. foreign-bribery resolutions and a later deferred-prosecution-agreement breach.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 22, 2026 | Morgan Stanley | Downgrade | Target: — | Target: $9 |
| Jul 15, 2026 | Danske Bank | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $5.49B · Total debt $4.01B · Total assets $29.21B · Shareholders' equity $10.56B
- Revenue
- $5.53B
- Operating income
- $680.4M
- Net income
- $424.3M
Reported in SEK, converted at the latest exchange rate
HistoryDividendAnnual yieldUpcoming
| Institutions | ≈ 18.72% | 631.15M ADS | |
|---|---|---|---|
| 409 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Strategic holders | 10.63% | 358.49M ADS | |
| 2 holders · as of Apr 4, 2025 | |||
| Other | ≈ 70.65% | 2.38B ADS | |
| remainder | |||
3.37B ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Investor ABStrategic | 5.66% | 190.73M | filed Apr 4, 2025 |
Cevian Capital II GP LimitedStrategic | 4.98% | 167.76M | filed May 30, 2017 |
Hotchkis & Wiley Capital Management LLCInstitution | 4.08% | 68.70M ADS · 68.70M ADS | as of Jun 30, 2026 |
Acadian Asset Management LLCInstitution | 3.68% | 62.03M ADS · 62.03M ADS | as of Jun 30, 2026 |
Primecap Management Co/CA/Institution | 2.47% | 41.61M ADS · 41.61M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Nokia (ADR)
Closest broad-line rival across RAN, 5G core, and private wireless
- Oracle
Telecom-software rival in 5G core, signaling, policy, and charging
- Cisco Systems
Network-platform rival in carrier routing and enterprise connectivity
- Twilio
Direct Vonage rival in programmable communications APIs
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Ericsson (ADR) | $9.79 | −4.49% | $33.66B | 13.6 | 20.0 | 1.4 | −5.4% |
| Nokia (ADR) | $10.56 | −3.52% | $59.11B | 77.4 | 25.0 | 2.5 | +2.3% |
| Oracle | $150.10 | +1.04% | $427.95B | 23.3 | 17.6 | 6.0 | +29.6% |
| Cisco Systems | $107.07 | −3.94% | $439.31B | 33.5 | 20.9 | 6.9 | +17.6% |
| Twilio | $280.62 | +5.47% | $40.38B | 37.1 | 45.5 | 7.2 | +22.0% |
| Median | 35.3 | 23.0 | 6.4 | +19.8% |