Zacks Research Issues Negative Outlook for Nokia Earnings

Nokia Corporation (NYSE:NOK) – Stock analysts at Zacks Research reduced their Q3 2025 EPS estimates for Nokia in a research note issued on Thursday, August 14th. Zacks Research analyst Team now forecasts that the technology company will earn $0.07 per share for the quarter, down from their prior forecast 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.

NOK has been the subject of a number of other reports. JPMorgan Chase & Co. lowered their price objective on Nokia from $6.50 to $6.00 and set an “overweight” rating for the company in a research report on Tuesday, July 29th. Wall Street Zen raised Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, May 21st. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $5.78.

Nokia Stock Performance

Shares of Nokia stock opened at $4.21 on Monday. Nokia has a one year low of $3.91 and a one year high of $5.48. The company has a market cap of $22.65 billion, a PE ratio of 21.05 and a beta of 0.88. 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 business has a 50-day simple moving average of $4.76 and a 200-day simple moving average of $4.98.

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

Nokia Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, August 12th. Stockholders 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%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NOK. Harbour Investments Inc. raised its holdings in Nokia by 7,046.5% in the 1st quarter. Harbour Investments Inc. now owns 5,074 shares of the technology company’s stock valued at $27,000 after acquiring an additional 5,003 shares in the last quarter. Wealthquest Corp bought a new position in Nokia in the 1st quarter valued at $27,000. FNY Investment Advisers LLC bought a new position in Nokia in the 2nd quarter valued at $34,000. Farther Finance Advisors LLC boosted its position in Nokia by 58.4% in the 1st quarter. Farther Finance Advisors LLC now owns 7,191 shares of the technology company’s stock valued at $38,000 after buying an additional 2,651 shares during the last quarter. Finally, Assetmark Inc. boosted its position in Nokia by 763.7% in the 1st quarter. Assetmark Inc. now owns 8,240 shares of the technology company’s stock valued at $43,000 after buying an additional 7,286 shares during the last quarter. 5.28% of the stock is owned by institutional investors and hedge funds.

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.