What is Zacks Research’s Estimate for Nokia Oyj Q1 Earnings?

Nokia Oyj (NYSE:NOK) – Stock analysts at Zacks Research increased their Q1 2025 earnings estimates for Nokia Oyj in a research report issued to clients and investors on Wednesday, February 26th. Zacks Research analyst R. Department now anticipates that the technology company will post earnings per share of $0.06 for the quarter, up from their previous estimate of $0.05. The consensus estimate for Nokia Oyj’s current full-year earnings is $0.34 per share. Zacks Research also issued estimates for Nokia Oyj’s FY2025 earnings at $0.39 EPS.

Nokia Oyj (NYSE:NOK) last posted its quarterly earnings results 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%.

Other analysts have also issued research reports about the stock. StockNews.com lowered shares of Nokia Oyj from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 3rd. 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. Craig Hallum boosted their price objective on shares of Nokia Oyj from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Monday, January 6th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Nokia Oyj from $6.35 to $6.30 and set an “overweight” rating for the company in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Nokia Oyj presently has an average rating of “Moderate Buy” and an average target price of $5.85.

Nokia Oyj Stock Down 0.5 %

NOK opened at $4.81 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.58 and a quick ratio of 1.39. The company’s 50-day moving average is $4.67 and its 200 day moving average is $4.48. Nokia Oyj has a fifty-two week low of $3.29 and a fifty-two week high of $5.06. The firm has a market capitalization of $26.20 billion, a P/E ratio of 19.22, a PEG ratio of 6.43 and a beta of 1.06.

Institutional Investors Weigh In On Nokia Oyj

Institutional investors have recently added to or reduced their stakes in the stock. Pzena Investment Management LLC boosted its stake in Nokia Oyj by 10.0% during the third quarter. Pzena Investment Management LLC now owns 90,785,960 shares of the technology company’s stock worth $396,735,000 after buying an additional 8,261,407 shares during the period. FMR LLC raised its holdings in Nokia Oyj by 62.3% in the fourth quarter. FMR LLC now owns 49,501,674 shares of the technology company’s stock worth $219,292,000 after purchasing an additional 19,004,399 shares in the last quarter. Slate Path Capital LP grew its stake in shares of Nokia Oyj by 15.6% during the fourth quarter. Slate Path Capital LP now owns 30,438,987 shares of the technology company’s stock worth $134,845,000 after acquiring an additional 4,113,884 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Nokia Oyj by 179.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 29,058,227 shares of the technology company’s stock worth $128,728,000 after acquiring an additional 18,660,482 shares during the last quarter. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of Nokia Oyj during the fourth quarter worth about $53,481,000. 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.