Ericsson reports 7 percent organic growth: BofA targets Ericsson stock at SEK 87

Published on 10/19/2026 at 09:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ericsson reported SEK 59.5 billion in third-quarter sales, up 7 percent organically. BofA raised its target for Ericsson stock to SEK 87.

Growth and analyst targets

Ericsson reported SEK 59.5 billion in third-quarter sales on October 15, 2026.
Organic sales increased 7 percent in the third quarter of 2026.
Ericsson stock was trading at EUR 9.31 at 9:11 a.m. CEST at Lang & Schwarz on October 19, 2026.
BofA raised its target from SEK 77 to SEK 87 on October 16, 2026.

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Ericsson reported SEK 59.5 billion in third-quarter sales and 7 percent organic growth on October 15, 2026, while BofA raised its target from SEK 77 to SEK 87 on October 16. Markets Insider said the bank kept an Underperform rating and cited stronger 2026 results alongside concern about component costs in 2027.

Sales improved while profit fell

The third-quarter report shows a sharper split between Ericsson's top line and earnings. Reported sales rose from SEK 56.2 billion to SEK 59.5 billion year over year, while net income fell from SEK 11.3 billion to SEK 5.8 billion. PR Newswire reported that the prior-year comparison included a SEK 7.6 billion capital gain from the iconectiv divestment.

Adjusted gross income increased from SEK 27.0 billion to SEK 28.4 billion, but adjusted gross margin narrowed from 48.1 percent to 47.7 percent. Adjusted EBITA was SEK 10.1 billion, producing a 17.0 percent margin versus 28.1 percent a year earlier.

Three milestones since September

On September 28, 2026, Ericsson announced a buyback covering 500,000 Class B shares, according to Stock Titan. On October 12, the company reported 7,917,288 repurchased shares for the October 5 to October 9 period. On October 15, Ericsson released its third-quarter results, with Networks sales up 9 percent year over year to SEK 38.7 billion.

Which dates frame the next view?

Ericsson's investor-relations calendar identifies October 15, 2026 as the third-quarter reporting date and lists the March 31, 2026 annual meeting as a completed corporate event. The latest figures put operating leverage against margin pressure at the center of the investor debate.

Price stays in the market frame

Ericsson was trading at EUR 9.31 in the pre-market at Lang & Schwarz on October 19, 2026 at 9:11 a.m. CEST. The Nasdaq Stockholm listing is identified as ERIC B.ST, while the primary-currency quote is separate from the euro indication.

The further course of trading is shown by the continuously updated real-time quote of Ericsson stock.