The price targets for Ericsson (ERIC) reflect a range of analyst expectations, with the median target standing at $7.90 and the average target at $7.80.
Understanding Ericsson's Price Targets
Stock price targets are forward-looking estimates by financial analysts on a stock's future price. These targets are based on various factors, including financial models, industry trends, company performance, and market conditions. For Ericsson, multiple perspectives on its potential future valuation are available:
| Metric | Value |
|---|---|
| High Target | $9.64 |
| Median Target | $7.90 |
| Low Target | $4.34 |
| Average Target | $7.80 |
| Current Price | $7.99 |
As of the latest available data, Ericsson's current price is $7.99.
What Do These Targets Mean?
- High Target: This represents the most optimistic forecast among analysts, suggesting the highest potential price an analyst believes the stock could reach within a specified period, typically 12 months.
- Median Target: This is the middle value of all analyst price targets, providing a balanced view by reducing the impact of extreme high or low estimates. It is often considered a reliable indicator of consensus.
- Low Target: This is the most conservative forecast, indicating the lowest price an analyst expects the stock to trade at.
- Average Target: This is the arithmetic mean of all analyst price targets. While useful, it can be skewed by exceptionally high or low outliers.
- Current Price: This is the most recent trading price of Ericsson shares, providing a benchmark against which the targets can be compared.
These targets are subject to change as new information becomes available or market conditions evolve. For more detailed analyst estimates and ratings for Ericsson, exploring comprehensive financial data resources is recommended.
