Ericsson Shares Surge Over 10% Following Strong Organic Sales Growth

Stockholm, Thursday, 15 October 2026.
Despite net income falling 49% due to prior-year divestment comparisons, Ericsson stock surged over 10% after Q3 2026 organic sales rose 7% to SEK 59.5 billion. CEO Per Narvinger warned that rising AI-driven component costs will pressure 2027 gross margins, prompting a structural simplification and customer price increases.