Ericsson (ERIC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.20
- Estimate
- $0.14
- Surprise
- +37.6%
- Score at report (before → after)
- 4.8 → 4.9/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Ericsson (ERIC) beat the $0.14 estimate with adjusted EPS of $0.20 — a large 37.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (4.8/10) to Sell at 4.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ERIC Sell at 4.9/10.
3 of the last 4 quarters beat the estimate; this quarter's +37.6% surprise compares with a +24.8% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
- Positive momentum
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.2)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $10.71
- Price target
- $12.32
- Stop
- $10.19
- Upside to target
- +15.0%
At 17.3× trailing and 16.9× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 75 — a level conventionally read as overbought; gains at these levels often lean on momentum; trading volume is running 3.9× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-16 — shown for context, not personalized investment advice.
ERIC at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Communication Equipment
- Market cap
- $34.76B
- P/E (fwd)
- 16.9
- P/E (ttm)
- 17.3
- 52-week range
- $9.04–$13.77
- Off 52-week high
- 22.2%
- RSI (14)
- 75
- Volume vs avg
- 3.93×
- Score today
- 4.9/10