The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

ERIC-B.ST

Concerning the House

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware, software, and service offerings for intelligent, reliable and flexible 5G networks. This segment also provides energy-efficient RAN with an AI-native software architecture deployable on Ericsson silicon and third-party CPUs/GPUs; transport networks; and active/ passive antennas, as well as deployment and lifecycle management services. The Cloud Software and Services segment provides core networks, network management, business and operations support systems, and network operations delivered as managed services, including secure data and voice connectivity, service monetization and orchestration tools, and network management services. The Enterprise segment offers intelligent networking and advanced communications software solutions comprising global communications platform, wireless wide area networks (WWAN), and private 5G networks. The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers. The company has a strategic collaboration with T-Mobile US, Inc for the development of AI-native Scheduler with Link Adaptation software. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Sweden · www.ericsson.com

The Ledger
LineJun 2025Sep 2025Dec 2025Mar 2026
Revenue$56.13B$56.24B$69.28B$49.33B
Gross profit$26.65B$26.78B$32.70B$23.30B
Operating income$6.37B$15.07B$3.11B$1.70B
Net income$4.57B$11.15B$8.56B$888.00M
Diluted EPS1.372.570.27
Free cash flow$3.40B$7.16B$15.31B$6.41B
CapEx-$754.00M-$777.00M-$1.20B-$998.00M
Quotation

$98.10

+0.32 (+0.3%)

52w hi$127.35
52w lo$70.38
Vol7.35M
As ofAug 13
The Verdict

Hold

Our score +0.21

Short-0.12
Medium+0.40
Long+0.50

computed 2026-08-13

By the Numbers

Telefonaktiebolaget LM Ericsson (publ)

Technology · Communication Equipment

Market cap$321.39B
Enterprise value$309.40B
Trailing P/E13.29x
Forward P/E15.42x
EV / EBITDA8.77x
P / S (ttm)1.41x
Profit margin10.8%
Return on equity26.1%
Revenue growth-6.1%
Earnings growth-10.9%
Debt / equity37.68
Risk Metrics
Beta vs SPX0.17
Corr SPX0.08
Annual vol32.6%
Annual ret+19.8%
Sharpe0.61
Max DD-30.7%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.26
Sector+0.15
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$97.72$98.80$97.30$98.107.35M
Aug 12$96.50$98.56$96.36$97.786.93M
Aug 11$95.40$96.42$94.88$96.208.72M
Aug 10$96.72$97.34$95.48$95.627.25M
Aug 7$97.12$97.54$95.86$96.707.65M