Zacks Research Comments on Nokia's Q3 Earnings (NYSE:NOK)

Key Points

• Zacks Research has reduced Nokia's Q3 2025 EPS estimate from $0.07 to $0.06, with a consensus full-year earnings estimate of $0.34 per share.
• Nokia reported $0.05 earnings per share for Q2 2025, below the estimated $0.07, despite revenue of $5.34 billion exceeding expectations of $4.82 billion.
• Analysts have mixed ratings on Nokia, with one firm lowering its price target from $6.50 to $6.00, while others have maintained or upgraded their ratings, reflecting a consensus moderate buy rating.

Nokia Corporation (NYSE:NOK - Free Report) - Zacks Research cut their Q3 2025 EPS estimates for Nokia in a research report issued on Thursday, October 16th. Zacks Research analyst Team now anticipates that the technology company will earn $0.06 per share for the quarter, down from their previous estimate of $0.07. The consensus estimate for Nokia's current full-year earnings is $0.34 per share. Zacks Research also issued estimates for Nokia's FY2025 earnings at $0.29 EPS, Q1 2026 earnings at $0.06 EPS and Q1 2027 earnings at $0.06 EPS.

Nokia (NYSE:NOK - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The technology company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.02). The company had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $4.82 billion. Nokia had a net margin of 5.30% and a return on equity of 8.36%. Nokia's quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS.

Several other equities research analysts also recently commented on NOK. JPMorgan Chase & Co. dropped their price objective on shares of Nokia from $6.50 to $6.00 and set an "overweight" rating on the stock in a report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Nokia in a report on Wednesday. BNP Paribas Exane raised shares of Nokia from a "neutral" rating to an "outperform" rating and set a $5.00 price objective on the stock in a report on Wednesday, September 3rd. BNP Paribas raised shares of Nokia from a "hold" rating to an "outperform" rating and set a $5.00 price objective on the stock in a report on Wednesday, September 3rd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Nokia in a report on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $5.52.

Nokia Price Performance

NYSE NOK opened at $5.67 on Friday. The company has a market cap of $30.51 billion, a PE ratio of 28.35 and a beta of 0.85. Nokia has a 52 week low of $3.91 and a 52 week high of $5.79. The company has a quick ratio of 1.21, a current ratio of 1.46 and a debt-to-equity ratio of 0.12. The firm's 50-day simple moving average is $4.63 and its two-hundred day simple moving average is $4.87.

Institutional Investors Weigh In On Nokia

A number of institutional investors and hedge funds have recently modified their holdings of NOK. GAMMA Investing LLC lifted its holdings in shares of Nokia by 617.2% in the first quarter. GAMMA Investing LLC now owns 96,452 shares of the technology company's stock worth $508,000 after buying an additional 83,003 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Nokia by 58.4% in the first quarter. Farther Finance Advisors LLC now owns 7,191 shares of the technology company's stock worth $38,000 after purchasing an additional 2,651 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Nokia by 36.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 89,678 shares of the technology company's stock worth $473,000 after purchasing an additional 24,056 shares during the last quarter. Ritholtz Wealth Management increased its position in shares of Nokia by 23.1% in the first quarter. Ritholtz Wealth Management now owns 45,105 shares of the technology company's stock worth $238,000 after purchasing an additional 8,469 shares during the last quarter. Finally, Mission Wealth Management LP increased its position in shares of Nokia by 2.9% in the first quarter. Mission Wealth Management LP now owns 91,067 shares of the technology company's stock worth $480,000 after purchasing an additional 2,593 shares during the last quarter. 5.28% of the stock is owned by hedge funds and other institutional investors.

Nokia Company Profile

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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