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J.P. Morgan Remains a Hold on Telefonaktiebolaget LM Ericsson (ERIC)

Tipranks - Tipranks - Fri Oct 17, 2025

J.P. Morgan analyst Sandeep Deshpande maintained a Hold rating on Telefonaktiebolaget LM Ericsson on October 14 and set a price target of $10.60. The company’s shares closed yesterday at $9.65.

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According to TipRanks, Deshpande is a 4-star analyst with an average return of 9.5% and a 56.12% success rate. Deshpande covers the Technology sector, focusing on stocks such as ASML Holding NV, Infineon Technologies AG, and Nokia.

In addition to J.P. Morgan, Telefonaktiebolaget LM Ericsson also received a Hold from CFRA’s Nazmi Ghazali in a report issued yesterday. However, on the same day, TR | OpenAI – 4o reiterated a Buy rating on Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC).

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ERIC market cap is currently $32.24B and has a P/E ratio of 12.99.

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