Nokia (NOK) Expected to Announce Quarterly Earnings on Thursday

Nokia (NYSE:NOK) is anticipated to post its Q4 2025 results before the market opens on Thursday, January 29th. Analysts expect Nokia to post earnings of $0.17 per share and revenue of $6.1017 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q4 2025 earning overview page for the latest details on the call scheduled for Thursday, January 29, 2026 at 4:30 AM ET.

Nokia (NYSE:NOK) last posted its quarterly earnings results on Thursday, October 23rd. The technology company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. The company had revenue of $5.61 billion for the quarter, compared to the consensus estimate of $4.67 billion. Nokia had a return on equity of 8.24% and a net margin of 4.65%.The firm’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.06 EPS. On average, analysts expect Nokia to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nokia Stock Up 0.5%

Shares of NYSE:NOK opened at $6.44 on Thursday. The company has a current ratio of 1.48, a quick ratio of 1.23 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $6.38 and a two-hundred day simple moving average of $5.49. Nokia has a 12-month low of $4.00 and a 12-month high of $8.19. The stock has a market capitalization of $36.98 billion, a price-to-earnings ratio of 35.78 and a beta of 0.77.

Key Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Altafiber picked Nokia to expand fiber across Ohio and Hawaii — the deal covers multi‑gigabit 25G PON, optical and IP routing gear, which should translate to equipment shipments and services revenue as deployments proceed. Read More.
• Positive Sentiment: Proximus selected Nokia to modernize charging and voice core with cloud‑native Converged Charging — a software and services engagement that supports recurring revenue and higher‑margin software bookings. Read More.
• Positive Sentiment: Defiance launched LNOK, the first daily 2x long ETF for Nokia — the leveraged single‑stock ETF can increase trading volume and short‑term demand for NOK shares, amplifying price moves for traders and market‑making flows. Read More.
• Positive Sentiment: Nokia publicly backed the EU’s push for “trusted networks” and stronger cybersecurity standards — regulatory tailwinds and security certification emphasis can benefit established vendors like Nokia in public and telecom procurement. Read More.
• Negative Sentiment: Some analysts and coverage flag valuation risk after recent share gains — commentary suggests Nokia may look slightly overvalued on momentum, which could limit upside until fundamentals or guidance catch up. Read More.
• Negative Sentiment: Short‑term volatility: a MarketWatch note flagged a recent intraday decline in Nokia ADRs despite outperformance over peers — a reminder that trading sessions have been choppy. Read More.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on NOK. Raymond James Financial reaffirmed an “outperform” rating on shares of Nokia in a research report on Thursday, October 23rd. Morgan Stanley upgraded shares of Nokia from an “equal weight” rating to an “overweight” rating in a research note on Thursday, January 15th. Santander downgraded shares of Nokia to a “neutral” rating in a research note on Wednesday, October 29th. New Street Research set a $6.57 price target on shares of Nokia in a report on Thursday, November 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Nokia in a report on Wednesday, October 15th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Nokia has a consensus rating of “Moderate Buy” and a consensus price target of $6.77.

Institutional Investors Weigh In On Nokia

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC increased its position in Nokia by 43.7% in the second quarter. Sivia Capital Partners LLC now owns 41,280 shares of the technology company’s stock worth $214,000 after buying an additional 12,554 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Nokia by 23.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 48,350 shares of the technology company’s stock valued at $250,000 after acquiring an additional 9,238 shares during the period. Diversify Advisory Services LLC increased its holdings in Nokia by 43.1% in the 2nd quarter. Diversify Advisory Services LLC now owns 78,811 shares of the technology company’s stock worth $408,000 after acquiring an additional 23,742 shares in the last quarter. M&T Bank Corp increased its holdings in Nokia by 4.6% in the 2nd quarter. M&T Bank Corp now owns 66,591 shares of the technology company’s stock worth $345,000 after acquiring an additional 2,930 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Nokia by 58.1% during the 2nd quarter. Cetera Investment Advisers now owns 145,457 shares of the technology company’s stock worth $753,000 after acquiring an additional 53,453 shares during the period. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Nokia Company Profile

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.