Zacks Research Issues Pessimistic Outlook for Nokia Earnings

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."

Nokia Corporation (NYSE:NOK - Free Report) - Investment analysts at Zacks Research decreased their Q3 2025 earnings per share estimates for shares of Nokia in a report released 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 previous 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.

Several other equities research analysts have also weighed in on NOK. JPMorgan Chase & Co. lowered their price objective on Nokia from $6.50 to $6.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 29th. Wall Street Zen raised shares of Nokia from a "hold" rating to a "buy" rating in a report on Wednesday, May 21st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $5.78.

Nokia Price Performance

Shares of NOK stock traded up $0.0050 during mid-day trading on Monday, reaching $4.2450. The company's stock had a trading volume of 8,315,715 shares, compared to its average volume of 19,937,398. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.46. The firm's 50-day moving average is $4.69 and its two-hundred day moving average is $4.96. Nokia has a 1-year low of $3.91 and a 1-year high of $5.48. The company has a market cap of $22.84 billion, a P/E ratio of 21.18 and a beta of 0.88.

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

Nokia Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, August 12th. Shareholders of record on Wednesday, July 30th were given a dividend of $0.0317 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a dividend yield of 293.0%. Nokia's payout ratio is 65.00%.

Hedge Funds Weigh In On Nokia

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. bought a new stake in shares of Nokia in the fourth quarter valued at about $53,481,000. Acadian Asset Management LLC bought a new stake in shares of Nokia in the 1st quarter valued at about $45,207,000. Freestone Grove Partners LP bought a new position in Nokia during the fourth quarter worth $33,348,000. Woodline Partners LP increased its holdings in Nokia by 125.4% in the fourth quarter. Woodline Partners LP now owns 12,000,442 shares of the technology company's stock worth $53,162,000 after purchasing an additional 6,677,017 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in Nokia by 129.4% during the first quarter. Deutsche Bank AG now owns 8,572,860 shares of the technology company's stock worth $45,179,000 after acquiring an additional 4,835,005 shares in the last quarter. 5.28% of the stock is owned by 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.