Ericsson - Price Forecast & Ratings

What is the target price for Ericsson?

On November 24, an AI target price of Premium - Sign up was allocated to Ericsson (ERIC). This projected target price was predicated on several factors, including a longterm decrease in Twitter followers, a longterm decrease in job posts, a longterm decrease in financial fundamentals, and year over year drop in revenue.

Is ERIC a Buy, Sell or Hold?

Based on Alternative Data, Ericsson is a hold.

Should I buy ERIC stock?

Alternative data suggests that it's recommended to approach Ericsson (ERIC) with caution. While there are positive indicators, the overall assessment suggests a hold based on Alternative Data analysis. However, this information should not be considered financial advice.

What Is the ERIC Stock Forecast for 2025?

With an AI score of 41, the ERIC stock forecast suggests stability.

What is the ERIC price prediction for 2025?

To predict the price for ERIC in 2025, we can extrapolate the AI price target. This approach projects ERIC's price to reach $8.01.

What is the ERIC price prediction for 2030?

To predict the price for ERIC in 2030, we can again extrapolate the AI price target. This approach projects ERIC's price to reach $5.41.

How do we predict the price for ERIC?

When predicting the price for ERIC, our approach incorporates multiple scores assessing different aspects of the company. The Brand score measures growth and engagement across social media channels, indicating audience reach. The Employee score evaluates workforce health, considering job postings, business outlook, and employee ratings. The Customer score examines engagement on websites, app downloads, and sentiment in stock forums. Lastly, the Fundamental score analyzes financial statements and analyst ratings. By evaluating this data, we gain a holistic view of the company's performance, enabling more informed price predictions.

Will ERIC go up tomorrow?

Based on technical analysis of how the price has moved over the last 6 months, the likelihood of the price going up tomorrow is 41%.
Note that this is a simplistic analysis and should be used with caution, as prices are influenced by a myriad of factors.