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What is Zacks Research's Estimate for Nokia Q3 Earnings?

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Key Points

  • Zacks Research has lowered its Q3 2025 EPS estimate for Nokia from $0.09 to $0.07, with the current full-year earnings consensus at $0.34 per share.
  • Nokia's latest earnings report showed a miss with $0.05 EPS, below expectations of $0.07, despite revenue exceeding forecasts at $5.34 billion.
  • JPMorgan Chase has adjusted its price target for Nokia from $6.50 to $6.00, while Wall Street Zen upgraded its rating from "hold" to "buy."
  • MarketBeat previews top five stocks to own in November.

Nokia Corporation (NYSE:NOK - Free Report) - Research analysts at Zacks Research dropped their Q3 2025 earnings per share estimates for shares of Nokia in a research note issued to investors on Thursday, August 14th. Zacks Research analyst Team now forecasts that the technology company will post earnings of $0.07 per share for the quarter, down from their prior estimate of $0.09. 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 $0.31 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.08 EPS, FY2026 earnings at $0.36 EPS, Q2 2027 earnings at $0.11 EPS and FY2027 earnings at $0.40 EPS.

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

A number of other research firms also recently weighed in on NOK. JPMorgan Chase & Co. reduced their target price on Nokia from $6.50 to $6.00 and set an "overweight" rating on the stock in a report on Tuesday, July 29th. Wall Street Zen upgraded Nokia from a "hold" rating to a "buy" rating in a research note on Wednesday, May 21st. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $5.78.

View Our Latest Report on Nokia

Nokia Trading Up 2.0%

NOK traded up $0.0850 during midday trading on Monday, reaching $4.3250. 14,581,743 shares of the company's stock traded hands, compared to its average volume of 17,853,664. The firm has a fifty day moving average of $4.66 and a two-hundred day moving average of $4.96. The stock has a market capitalization of $23.27 billion, a price-to-earnings ratio of 21.63 and a beta of 0.88. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.46 and a quick ratio of 1.21. Nokia has a 52 week low of $3.91 and a 52 week high of $5.48.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. TCW Group Inc. purchased a new position in Nokia in the first quarter worth about $425,000. GSA Capital Partners LLP purchased a new stake in shares of Nokia in the first quarter valued at approximately $641,000. Diversify Wealth Management LLC purchased a new stake in shares of Nokia in the first quarter valued at approximately $910,000. Penserra Capital Management LLC boosted its holdings in shares of Nokia by 41.0% in the first quarter. Penserra Capital Management LLC now owns 3,707,857 shares of the technology company's stock valued at $19,540,000 after purchasing an additional 1,078,476 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Nokia in the fourth quarter worth approximately $2,961,000. Hedge funds and other institutional investors own 5.28% of the company's stock.

Nokia Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, August 12th. Shareholders of record on Wednesday, July 30th were issued a dividend of $0.0317 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a yield of 293.0%. Nokia's dividend payout ratio (DPR) is currently 60.00%.

About Nokia

(Get Free Report)

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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