Northland Capmk Has Bullish Forecast for Nokia Q4 Earnings

Nokia Corporation (NYSE:NOK) – Northland Capmk increased their Q4 2025 earnings estimates for shares of Nokia in a note issued to investors on Monday, July 28th. Northland Capmk analyst T. Savageaux now forecasts that the technology company will earn $0.19 per share for the quarter, up from their prior forecast of $0.16. The consensus estimate for Nokia’s current full-year earnings is $0.34 per share. Northland Capmk also issued estimates for Nokia’s FY2026 earnings at $0.41 EPS.

Nokia (NYSE:NOK) last posted 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 return on equity of 8.36% and a net margin of 5.30%. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the prior year, the company earned $0.06 EPS. The company’s revenue was up 1.8% on a year-over-year basis.

A number of other research firms have also weighed in on NOK. Wall Street Zen upgraded shares of Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, May 21st. JPMorgan Chase & Co. lowered their target price on shares of Nokia from $6.50 to $6.00 and set an “overweight” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.78.

Nokia Trading Down 1.7%

NOK opened at $4.11 on Wednesday. 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 fifty-two week low of $3.70 and a fifty-two week high of $5.48. The firm has a market capitalization of $22.12 billion, a PE ratio of 20.55 and a beta of 0.91. The company’s 50-day moving average is $5.06 and its 200 day moving average is $5.00.

Institutional Investors Weigh In On Nokia

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ethic Inc. increased its stake in Nokia by 7.9% in the 2nd quarter. Ethic Inc. now owns 334,537 shares of the technology company’s stock valued at $1,730,000 after buying an additional 24,585 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Nokia in the 2nd quarter valued at about $34,000. Beverly Hills Private Wealth LLC purchased a new stake in shares of Nokia during the 2nd quarter worth approximately $180,000. Lesa Sroufe & Co increased its stake in shares of Nokia by 3.6% during the 2nd quarter. Lesa Sroufe & Co now owns 382,106 shares of the technology company’s stock worth $1,979,000 after purchasing an additional 13,124 shares during the last quarter. Finally, Ritholtz Wealth Management increased its stake in shares of Nokia by 23.8% during the 2nd quarter. Ritholtz Wealth Management now owns 55,829 shares of the technology company’s stock worth $289,000 after purchasing an additional 10,724 shares during the last quarter. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Nokia Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Wednesday, July 30th will be paid a $0.0317 dividend. The ex-dividend date of this dividend is Tuesday, July 29th. This represents a yield of 2.93%. Nokia’s dividend payout ratio (DPR) is 65.00%.

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.