Nokia Oyj (NYSE:NOK) Forecasted to Post Q2 2025 Earnings of $0.13 Per Share

Nokia Oyj (NYSE:NOK) – Stock analysts at Zacks Research raised their Q2 2025 earnings per share estimates for Nokia Oyj in a report released on Tuesday, September 12th. Zacks Research analyst S. Bose now forecasts that the technology company will post earnings per share of $0.13 for the quarter, up from their previous forecast of $0.12. The consensus estimate for Nokia Oyj’s current full-year earnings is $0.42 per share. Zacks Research also issued estimates for Nokia Oyj’s FY2025 earnings at $0.54 EPS.

Several other equities analysts also recently commented on the company. StockNews.com initiated coverage on Nokia Oyj in a research report on Thursday, August 17th. They issued a “hold” rating for the company. Northland Securities dropped their target price on Nokia Oyj from $7.00 to $6.00 in a research report on Monday, July 17th. The Goldman Sachs Group dropped their target price on Nokia Oyj from $6.60 to $5.90 and set a “buy” rating for the company in a research report on Friday, July 21st. Finally, TheStreet downgraded Nokia Oyj from a “b-” rating to a “c+” rating in a research report on Monday, June 12th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.83.

Nokia Oyj Stock Performance

NYSE:NOK opened at $4.03 on Thursday. The company has a quick ratio of 1.32, a current ratio of 1.60 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $22.67 billion, a PE ratio of 5.30 and a beta of 0.96. Nokia Oyj has a twelve month low of $3.75 and a twelve month high of $5.11. The stock’s 50-day simple moving average is $3.95 and its 200 day simple moving average is $4.21.

Nokia Oyj (NYSE:NOK) last released its quarterly earnings data on Wednesday, July 19th. The technology company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.01). The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.22 billion. Nokia Oyj had a net margin of 16.16% and a return on equity of 10.43%. During the same period last year, the business earned $0.11 earnings per share.

Hedge Funds Weigh In On Nokia Oyj

Hedge funds have recently made changes to their positions in the stock. Citigroup Inc. raised its position in shares of Nokia Oyj by 696.3% during the first quarter. Citigroup Inc. now owns 851,769 shares of the technology company’s stock worth $4,182,000 after acquiring an additional 744,800 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in Nokia Oyj in the fourth quarter worth approximately $8,551,000. Redwood Financial Network Corp bought a new stake in Nokia Oyj in the first quarter worth approximately $50,000. MAI Capital Management bought a new stake in Nokia Oyj in the fourth quarter worth approximately $141,000. Finally, Profund Advisors LLC increased its holdings in Nokia Oyj by 8.3% in the first quarter. Profund Advisors LLC now owns 95,701 shares of the technology company’s stock worth $470,000 after purchasing an additional 7,300 shares in the last quarter. 5.26% of the stock is currently owned by 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. It offers products and services for radio access networks and microwave radio links for transport networks, and solutions for network management, as well as network planning, optimization, network deployment, and technical support services.