Nokia Oyj (NOK) to Release Quarterly Earnings on Thursday

Nokia Oyj (NYSE:NOK) is expected to release its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $4.47 billion for the quarter.

Nokia Oyj (NYSE:NOK) last announced its quarterly earnings data on Thursday, January 30th. The technology company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. Nokia Oyj had a net margin of 6.54% and a return on equity of 10.30%. On average, analysts expect Nokia Oyj to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nokia Oyj Stock Performance

Nokia Oyj stock opened at $5.08 on Tuesday. Nokia Oyj has a twelve month low of $3.56 and a twelve month high of $5.48. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $27.70 billion, a P/E ratio of 20.32, a PEG ratio of 6.43 and a beta of 0.97. The stock’s 50 day moving average is $5.08 and its 200 day moving average is $4.71.

Analysts Set New Price Targets

NOK has been the subject of several analyst reports. Craig Hallum raised their price target on 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. reduced their price objective on shares of Nokia Oyj from $6.35 to $6.30 and set an “overweight” rating for the company in a research note on Friday, February 21st. The Goldman Sachs Group downgraded shares of Nokia Oyj from a “neutral” rating to a “sell” rating and set a $3.60 target price on the stock. in a research note on Thursday, January 16th. Finally, StockNews.com raised shares of Nokia Oyj from a “hold” rating to a “buy” rating in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5.85.

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.