
Nokia Corporation (NYSE:NOK – Free Report) – Equities researchers at Zacks Research raised their FY2025 EPS estimates for shares of Nokia in a research note issued on Thursday, November 13th. Zacks Research analyst Team now forecasts that the technology company will post earnings per share of $0.31 for the year, up from their prior estimate of $0.29. The consensus estimate for Nokia’s current full-year earnings is $0.34 per share. Zacks Research also issued estimates for Nokia’s Q1 2026 earnings at $0.07 EPS and Q1 2027 earnings at $0.07 EPS.
NOK has been the subject of a number of other reports. UBS Group reiterated a “neutral” rating on shares of Nokia in a report on Tuesday, October 28th. Wall Street Zen lowered shares of Nokia from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Nokia in a report on Wednesday, October 8th. Jefferies Financial Group upgraded shares of Nokia from a “hold” rating to a “buy” rating in a report on Tuesday, October 28th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Nokia in a research report on Thursday, October 23rd. Seven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Nokia has a consensus rating of “Moderate Buy” and a consensus price target of $5.87.
Nokia Price Performance
NYSE NOK opened at $6.67 on Monday. The stock has a 50-day simple moving average of $5.67 and a 200 day simple moving average of $5.12. Nokia has a twelve month low of $3.91 and a twelve month high of $8.19. The stock has a market capitalization of $35.86 billion, a PE ratio of 37.03 and a beta of 0.84. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.46.
Nokia (NYSE:NOK – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The company had revenue of $5.61 billion during the quarter, compared to analysts’ expectations of $4.67 billion. Nokia had a net margin of 4.65% and a return on equity of 8.31%. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.06 earnings per share.
Institutional Trading of Nokia
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC acquired a new position in shares of Nokia during the first quarter worth approximately $45,207,000. Atria Investments Inc increased its holdings in shares of Nokia by 214.7% in the second quarter. Atria Investments Inc now owns 84,067 shares of the technology company’s stock valued at $435,000 after purchasing an additional 57,350 shares in the last quarter. AdvisorShares Investments LLC bought a new position in Nokia in the 2nd quarter valued at $1,059,000. Penserra Capital Management LLC boosted its position in Nokia by 51.7% in the 2nd quarter. Penserra Capital Management LLC now owns 5,623,955 shares of the technology company’s stock valued at $29,132,000 after buying an additional 1,916,098 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Nokia by 18.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 468,939 shares of the technology company’s stock valued at $2,471,000 after buying an additional 74,072 shares during the period. Institutional investors own 5.28% of the company’s stock.
About Nokia
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, mobile, enterprise and cloud applications; optical networks solutions that provides optical transport networks for metro, regional, and long-haul applications, and subsea applications; and submarine networks for undersea cable transmission.
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