What is Zacks Research's Estimate for Nokia Q4 Earnings?

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Nokia Corporation (NYSE:NOK - Free Report) - Stock analysts at Zacks Research increased their Q4 2025 EPS estimates for Nokia in a research note issued to investors on Thursday, November 13th. Zacks Research analyst Team now anticipates that the technology company will post earnings of $0.16 per share for the quarter, up from their prior estimate of $0.15. The consensus estimate for Nokia's current full-year earnings is $0.34 per share. Zacks Research also issued estimates for Nokia's Q2 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.15 EPS, FY2026 earnings at $0.39 EPS, Q2 2027 earnings at $0.10 EPS, Q3 2027 earnings at $0.11 EPS and FY2027 earnings at $0.42 EPS.

Nokia (NYSE:NOK - Get Free Report) last issued its earnings results on Thursday, October 23rd. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. Nokia had a return on equity of 8.31% and a net margin of 4.65%.The business had revenue of $5.61 billion during the quarter, compared to analysts' expectations of $4.67 billion. During the same period in the prior year, the firm posted $0.06 EPS. Nokia's quarterly revenue was up 11.6% compared to the same quarter last year.

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A number of other research analysts have also recently issued reports on the company. Santander cut Nokia to a "neutral" rating in a report on Wednesday, October 29th. BNP Paribas raised shares of Nokia from a "hold" rating to an "outperform" rating and set a $5.00 price target on the stock in a research note on Wednesday, September 3rd. BNP Paribas Exane raised Nokia from a "neutral" rating to an "outperform" rating and set a $5.00 price objective on the stock in a report on Wednesday, September 3rd. Wall Street Zen downgraded shares of Nokia from a "buy" rating to a "hold" rating in a research report on Saturday, November 8th. Finally, UBS Group reiterated a "neutral" rating on shares of Nokia in a research report on Tuesday, October 28th. Seven analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Nokia presently has a consensus rating of "Moderate Buy" and an average target price of $5.87.

Read Our Latest Stock Analysis on Nokia

Nokia Price Performance

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NYSE:NOK traded down $0.03 on Friday, reaching $6.76. The stock had a trading volume of 8,794,984 shares, compared to its average volume of 27,464,889. The company has a market capitalization of $36.35 billion, a P/E ratio of 37.49 and a beta of 0.84. The stock has a fifty day moving average price of $5.58 and a 200-day moving average price of $5.09. The company has a quick ratio of 1.21, a current ratio of 1.46 and a debt-to-equity ratio of 0.12. Nokia has a 1-year low of $3.91 and a 1-year high of $8.19.

Hedge Funds Weigh In On Nokia

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership raised its stake in shares of Nokia by 50.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 43,424,695 shares of the technology company's stock valued at $208,873,000 after purchasing an additional 14,482,665 shares during the period. Thrivent Financial for Lutherans boosted its position in Nokia by 35,010.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company's stock worth $60,871,000 after acquiring an additional 12,619,099 shares during the last quarter. Pzena Investment Management LLC grew its stake in shares of Nokia by 17.0% during the 3rd quarter. Pzena Investment Management LLC now owns 80,329,917 shares of the technology company's stock worth $386,387,000 after acquiring an additional 11,667,677 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Nokia in the first quarter worth $45,207,000. Finally, Folketrygdfondet boosted its holdings in Nokia by 66.6% during the third quarter. Folketrygdfondet now owns 17,380,530 shares of the technology company's stock worth $83,600,000 after purchasing an additional 6,950,487 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.

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