Nokia Oyj FY2025 EPS Forecast Increased by Northland Capmk

Nokia Oyj (NYSE:NOK) – Investment analysts at Northland Capmk lifted their FY2025 earnings per share estimates for shares of Nokia Oyj in a report issued on Monday, February 24th. Northland Capmk analyst T. Savageaux now forecasts that the technology company will post earnings of $0.35 per share for the year, up from their prior estimate of $0.34. The consensus estimate for Nokia Oyj’s current full-year earnings is $0.34 per share.

Nokia Oyj (NYSE:NOK) last posted its quarterly earnings results on Thursday, January 30th. The technology company reported $0.19 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%.

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

Nokia Oyj Price Performance

Nokia Oyj stock opened at $4.83 on Wednesday. The company has a market cap of $26.31 billion, a P/E ratio of 19.30, a price-to-earnings-growth ratio of 6.43 and a beta of 1.06. Nokia Oyj has a one year low of $3.29 and a one year high of $5.06. The business has a fifty day moving average of $4.66 and a two-hundred day moving average of $4.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.39 and a current ratio of 1.58.

Hedge Funds Weigh In On Nokia Oyj

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mackenzie Financial Corp purchased a new position in shares of Nokia Oyj during the 4th quarter worth approximately $712,000. Forum Financial Management LP grew its holdings in Nokia Oyj by 100.1% during the 4th quarter. Forum Financial Management LP now owns 191,570 shares of the technology company’s stock valued at $849,000 after buying an additional 95,825 shares during the last quarter. Formidable Asset Management LLC purchased a new position in Nokia Oyj during the fourth quarter worth $49,000. Woodline Partners LP raised its holdings in shares of Nokia Oyj by 125.4% in the fourth quarter. Woodline Partners LP now owns 12,000,442 shares of the technology company’s stock worth $53,162,000 after acquiring an additional 6,677,017 shares during the last quarter. Finally, Two Sigma Advisers LP lifted its position in shares of Nokia Oyj by 106.3% in the fourth quarter. Two Sigma Advisers LP now owns 528,000 shares of the technology company’s stock valued at $2,339,000 after acquiring an additional 272,000 shares in the last quarter. Institutional investors and hedge funds own 5.28% of the company’s stock.

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.