What is Zacks Research’s Estimate for Nokia Oyj Q1 Earnings?

Nokia Oyj (NYSE:NOK) – Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Nokia Oyj in a research report issued to clients and investors on Wednesday, February 26th. Zacks Research analyst R. Department now expects that the technology company will earn $0.06 per share for the quarter, up from their previous forecast of $0.05. The consensus estimate for Nokia Oyj’s current full-year earnings is $0.34 per share. Zacks Research also issued estimates for Nokia Oyj’s FY2025 earnings at $0.39 EPS.

Nokia Oyj (NYSE:NOK) last released its earnings results on Thursday, January 30th. The technology company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. Nokia Oyj had a return on equity of 10.30% and a net margin of 6.54%.

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

Nokia Oyj Trading Down 2.5 %

NYSE:NOK opened at $4.89 on Monday. Nokia Oyj has a 52 week low of $3.29 and a 52 week high of $5.15. The stock has a market cap of $26.64 billion, a price-to-earnings ratio of 19.54, a PEG ratio of 6.43 and a beta of 1.06. The company’s 50 day moving average price is $4.69 and its 200-day moving average price is $4.50. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.14.

Institutional Investors Weigh In On Nokia Oyj

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Checchi Capital Advisers LLC lifted its position in shares of Nokia Oyj by 14.0% in the fourth quarter. Checchi Capital Advisers LLC now owns 20,442 shares of the technology company’s stock valued at $91,000 after acquiring an additional 2,509 shares in the last quarter. PDS Planning Inc grew its holdings in Nokia Oyj by 10.4% during the 4th quarter. PDS Planning Inc now owns 28,304 shares of the technology company’s stock valued at $125,000 after buying an additional 2,665 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in shares of Nokia Oyj by 4.3% during the fourth quarter. Orion Portfolio Solutions LLC now owns 66,122 shares of the technology company’s stock valued at $293,000 after buying an additional 2,722 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Nokia Oyj by 3.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 89,592 shares of the technology company’s stock worth $392,000 after buying an additional 2,776 shares in the last quarter. Finally, Caprock Group LLC grew its stake in Nokia Oyj by 5.5% during the third quarter. Caprock Group LLC now owns 57,766 shares of the technology company’s stock valued at $252,000 after acquiring an additional 3,023 shares in the last quarter. 5.28% of the stock is owned by hedge funds and other institutional investors.

Nokia Oyj 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.