Nokia Oyj FY2025 EPS Estimate Increased by Northland Capmk

Nokia Oyj (NYSE:NOK) – Northland Capmk raised their FY2025 earnings per share estimates for shares of Nokia Oyj in a research note issued to investors on Monday, February 24th. Northland Capmk analyst T. Savageaux now expects that the technology company will post earnings of $0.35 per share for the year, up from their previous forecast of $0.34. The consensus estimate for Nokia Oyj’s current full-year earnings is $0.34 per share.

Nokia Oyj (NYSE:NOK) last announced its quarterly earnings results on Thursday, January 30th. The technology company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.05. Nokia Oyj had a return on equity of 10.30% and a net margin of 6.54%.

Other equities analysts have also issued reports about the stock. StockNews.com lowered shares of Nokia Oyj from a “strong-buy” rating to a “buy” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. decreased their target price on Nokia Oyj from $6.35 to $6.30 and set an “overweight” rating for the company in a research report on Friday, February 21st. Craig Hallum upped their price target on Nokia Oyj from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Monday, January 6th. Finally, The Goldman Sachs Group downgraded shares of Nokia Oyj from a “neutral” rating to a “sell” rating and set a $3.60 price objective for the company. in a report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Nokia Oyj has an average rating of “Moderate Buy” and a consensus price target of $5.85.

Nokia Oyj Stock Performance

NYSE NOK opened at $5.00 on Wednesday. The firm has a 50-day moving average of $4.64 and a 200-day moving average of $4.46. The stock has a market cap of $27.24 billion, a PE ratio of 19.98, a P/E/G ratio of 6.43 and a beta of 1.06. Nokia Oyj has a 52-week low of $3.29 and a 52-week high of $5.06. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.39 and a current ratio of 1.58.

Institutional Investors Weigh In On Nokia Oyj

Institutional investors and hedge funds have recently modified their holdings of the stock. Creative Planning lifted its position in Nokia Oyj by 21.1% during the third quarter. Creative Planning now owns 403,246 shares of the technology company’s stock valued at $1,762,000 after buying an additional 70,180 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in Nokia Oyj by 29.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 44,033 shares of the technology company’s stock worth $192,000 after acquiring an additional 10,117 shares in the last quarter. Private Advisor Group LLC grew its holdings in Nokia Oyj by 52.1% in the third quarter. Private Advisor Group LLC now owns 52,400 shares of the technology company’s stock worth $229,000 after purchasing an additional 17,945 shares during the period. International Assets Investment Management LLC increased its stake in shares of Nokia Oyj by 396.6% during the third quarter. International Assets Investment Management LLC now owns 100,637 shares of the technology company’s stock valued at $440,000 after purchasing an additional 80,372 shares in the last quarter. Finally, Ballentine Partners LLC lifted its holdings in shares of Nokia Oyj by 9.2% during the third quarter. Ballentine Partners LLC now owns 54,732 shares of the technology company’s stock valued at $239,000 after purchasing an additional 4,604 shares during the last quarter. 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.