Ericsson stock: At minus 4.43 percent, Ericsson stock slips below its Xetra close

Published on 10/19/2026 at 15:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales rose 6.00 percent to SEK 59.50 billion on October 15, 2026. Ericsson stock is EUR 9.28 on October 19, 2026, down 4.43 percent versus Xetra close.

The session loses 4.43 percent

Ericsson's third-quarter sales reached SEK 59.50 billion on October 15, 2026.
Adjusted EBITA totaled SEK 10.12 billion with a 17.00 percent margin in the third quarter of 2026.
Ericsson stock costs EUR 9.28 at Lang & Schwarz on October 19, 2026 at 3:34 p.m. CEST, 4.43 percent below the Xetra close of October 16, 2026.
JPMorgan set a USD 10.20 target on October 8, 2026.

Geometrisches Bauhaus-Poster mit Formen und dem Wort STEEL — Bauhaus-Poster präsentiert SSAB AB, ISIN SE0000108656, mit geometrischen Formen und dem Sektor-Kürzel STEEL, Illustration mit AI erstellt.

Ericsson (ISIN SE0000108656) was trading at EUR 9.28 at Lang & Schwarz on October 19, 2026 at 3:34 p.m. CEST, down 4.43 percent versus the Xetra close of October 16, 2026 at EUR 9.71. The latest quarterly figures showed higher sales but sharply lower reported profit.

Ericsson reported third-quarter sales of SEK 59.50 billion, up 6.00 percent from SEK 56.20 billion a year earlier, in a release dated October 15, 2026. The company said organic sales increased 7.00 percent, while Networks sales grew 9.00 percent year over year, according to Ericsson.

Margins face a cost test

Adjusted EBITA fell 36.00 percent to SEK 10.12 billion in the third quarter, leaving an adjusted EBITA margin of 17.00 percent versus 28.10 percent a year earlier. Ericsson reported that higher component costs would pressure gross margin in 2027. Adjusted gross margin was 47.70 percent, compared with 48.10 percent in the prior-year quarter.

Price position and valuation

The Lang & Schwarz quote stood EUR 9.28 on October 19, 2026 at 3:34 p.m. CEST. The bid was EUR 9.27 and the ask EUR 9.28. Ericsson's primary Stockholm listing traded at SEK 103.25 on October 19, 2026 at 3:43 p.m. CEST, down 2.27 percent from SEK 105.65. Its 52-week range was SEK 84.56 to SEK 128.45, and market capitalization was SEK 335.1 billion. The price-to-earnings ratio was 17.79 and the dividend yield was 3.00 percent.

JPMorgan lowered its Ericsson target from USD 11.40 to USD 10.20 and kept a neutral rating in a research note dated October 8, 2026, as reported by MarketBeat. Morgan Stanley had cut its target from USD 11.00 to USD 9.00 on September 22, 2026, according to the same publisher.

Comparison with peers

Ericsson: minus 4.43 percent, P/E 17.79, market capitalization SEK 335.1 billion
Nokia (Nasdaq Helsinki, EUR): minus 1.54 percent, P/E 66.76, market capitalization EUR 46.4 billion
Cisco (Nasdaq, USD): plus 0.05 percent, P/E 32.33, market capitalization USD 423.6 billion

What the quarterly figures mean

Ericsson's sales momentum was concentrated in Networks, while the profit comparison remained affected by the prior-year SEK 7.60 billion capital gain from the iconectiv divestment. Reported net income fell 49.00 percent to SEK 5.80 billion, and diluted earnings per share fell 47.00 percent to SEK 1.77.

Stock stays below the yearly midpoint

At EUR 9.28, the Lang & Schwarz quote was EUR 0.43 below the Xetra close of October 16, 2026 at EUR 9.71. The Stockholm listing remained above its 52-week low but below its 52-week high, keeping valuation and component costs central to the next market assessment. The further course of trading is shown by the continuously updated real-time quote of Ericsson stock.