Northland Securities Decreases Earnings Estimates for Nokia

Nokia Corporation (NYSE:NOK) – Stock analysts at Northland Securities lowered their Q4 2026 earnings per share estimates for Nokia in a research note issued to investors on Friday, July 24th. Northland Securities analyst T. Savageaux now expects that the technology company will post earnings per share of $0.18 for the quarter, down from their previous forecast of $0.19. The consensus estimate for Nokia’s current full-year earnings is $0.41 per share. Northland Securities also issued estimates for Nokia’s FY2027 earnings at $0.49 EPS.

Several other research analysts have also weighed in on NOK. Bank of America upgraded shares of Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price objective on the stock in a report on Monday, April 13th. Nordea Equity Research raised shares of Nokia from a “hold” rating to a “buy” rating in a research report on Friday, April 24th. Barclays reaffirmed an “underweight” rating on shares of Nokia in a research note on Wednesday, April 29th. Argus raised shares of Nokia from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Monday, April 27th. Finally, Danske upgraded Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Thirteen analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $12.57.

Nokia Stock Down 4.0%

NOK opened at $8.91 on Monday. Nokia has a 12 month low of $4.00 and a 12 month high of $17.45. The business has a 50-day moving average of $13.18 and a two-hundred day moving average of $10.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.50 and a quick ratio of 1.22. The stock has a market capitalization of $51.16 billion, a price-to-earnings ratio of 63.64, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17.

Nokia (NYSE:NOK) last released its earnings results on Thursday, July 23rd. The technology company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The firm had revenue of $5.50 billion during the quarter, compared to analyst estimates of $5.57 billion. During the same period in the prior year, the firm posted $0.04 earnings per share. The business’s quarterly revenue was up 8.4% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp grew its stake in Nokia by 248.7% during the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock worth $25,000 after buying an additional 2,721 shares during the period. FNY Investment Advisers LLC raised its stake in shares of Nokia by 33,457.1% in the 4th quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock valued at $30,000 after acquiring an additional 4,684 shares during the period. Dorato Capital Management acquired a new position in shares of Nokia during the 4th quarter valued at $31,000. Smithfield Trust Co acquired a new position in shares of Nokia during the 4th quarter valued at $35,000. Finally, Wexford Capital LP purchased a new stake in Nokia during the 3rd quarter worth $29,000. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Key Stories Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Board member Timo Ihamuotila bought 60,000 Nokia shares, an insider transaction that may signal confidence in the company’s long-term prospects and provide support for investor sentiment. Nokia Board Member Timo Ihamuotila Buys 60,000 Shares
• Positive Sentiment: Monday market coverage focused on Nokia’s upward move and the factors attracting investor attention, with the insider purchase likely among the more tangible recent catalysts. Nokia stock is gaining Monday: What’s going on?
• Neutral Sentiment: Specifications for a rumored Nokia 250 4G Smart feature phone were leaked, including 4G connectivity, cloud-phone functionality and a QR reader. The product could support Nokia’s device business, but there is no confirmed launch, pricing or expected financial impact. Nokia 250 4G Smart specifications leaked
• Negative Sentiment: Northland Securities reduced its third-quarter 2026 EPS estimate for NOK to $0.07 from $0.09. The cut suggests analysts see somewhat weaker near-term profitability, despite the current full-year consensus estimate of $0.41 per share. Q4 EPS Estimates for Nokia Decreased by Northland Securities

About Nokia

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.