Q1 Earnings Forecast for Nokia Oyj Issued By Northland Capmk

Nokia Oyj (NYSE:NOK - Free Report) - Northland Capmk issued their Q1 2025 EPS estimates for Nokia Oyj in a research note issued on Friday, January 31st. Northland Capmk analyst T. Savageaux forecasts that the technology company will post earnings per share of $0.05 for the quarter. The consensus estimate for Nokia Oyj's current full-year earnings is $0.35 per share. Northland Capmk also issued estimates for Nokia Oyj's Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.34 EPS.

A number of other analysts also recently issued reports on NOK. Danske upgraded Nokia Oyj from a "hold" rating to a "buy" rating in a research report on Friday, October 18th. The Goldman Sachs Group cut shares of Nokia Oyj from a "neutral" rating to a "sell" rating and set a $3.60 price target for the company. in a research note on Thursday, January 16th. Northland Securities reissued an "outperform" rating and issued a $6.50 price objective on shares of Nokia Oyj in a research report on Friday, October 18th. JPMorgan Chase & Co. upgraded Nokia Oyj from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $4.35 to $6.35 in a research report on Monday, December 9th. Finally, Craig Hallum increased their price target on Nokia Oyj from $6.00 to $7.00 and gave the stock a "buy" rating in a report on Monday, January 6th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $5.86.

Nokia Oyj Trading Down 0.3 %

NYSE NOK traded down $0.02 during trading hours on Monday, hitting $4.79. 13,914,416 shares of the company were exchanged, compared to its average volume of 19,218,746. The stock has a market cap of $26.09 billion, a PE ratio of 19.14, a price-to-earnings-growth ratio of 5.81 and a beta of 1.06. Nokia Oyj has a 52 week low of $3.29 and a 52 week high of $4.95. The stock has a 50-day moving average price of $4.48 and a 200 day moving average price of $4.35. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.14.

Nokia Oyj (NYSE:NOK - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The technology company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.05. Nokia Oyj had a net margin of 6.54% and a return on equity of 10.30%.

Hedge Funds Weigh In On Nokia Oyj

A number of institutional investors have recently modified their holdings of NOK. FMR LLC raised its position in Nokia Oyj by 1,012.3% during the 3rd quarter. FMR LLC now owns 30,497,275 shares of the technology company's stock valued at $133,273,000 after purchasing an additional 27,755,460 shares in the last quarter. Pzena Investment Management LLC grew its holdings in Nokia Oyj by 10.0% during the 3rd quarter. Pzena Investment Management LLC now owns 90,785,960 shares of the technology company's stock worth $396,735,000 after acquiring an additional 8,261,407 shares in the last quarter. Leuthold Group LLC purchased a new position in Nokia Oyj during the 4th quarter valued at about $3,404,000. JPMorgan Chase & Co. raised its holdings in shares of Nokia Oyj by 2,505.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 730,311 shares of the technology company's stock valued at $3,191,000 after purchasing an additional 702,279 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Nokia Oyj during the fourth quarter valued at approximately $2,961,000. 5.28% of the stock is owned by hedge funds and other institutional investors.

About Nokia Oyj

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.