Nokia Oyj (NOK) Projected to Post Quarterly Earnings on Thursday

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

Nokia Oyj (NYSE:NOK) last released its quarterly 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 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 Trading Up 4.0 %

Shares of NYSE NOK opened at $5.28 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.39 and a current ratio of 1.58. Nokia Oyj has a fifty-two week low of $3.56 and a fifty-two week high of $5.48. The business’s 50 day moving average price is $5.08 and its 200-day moving average price is $4.71. The company has a market cap of $28.76 billion, a price-to-earnings ratio of 21.10, a PEG ratio of 6.43 and a beta of 0.97.

Wall Street Analyst Weigh In

NOK has been the topic of a number of recent research reports. The Goldman Sachs Group downgraded Nokia Oyj from a “neutral” rating to a “sell” rating and set a $3.60 price objective on the stock. in a research report on Thursday, January 16th. JPMorgan Chase & Co. cut their target price on Nokia Oyj from $6.35 to $6.30 and set an “overweight” rating on the stock in a research report on Friday, February 21st. Craig Hallum raised their price target on shares of Nokia Oyj from $6.00 to $7.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Finally, StockNews.com upgraded Nokia Oyj from a “hold” rating to a “buy” rating in a research note on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Nokia Oyj currently has a consensus rating of “Moderate Buy” and an average target price of $5.85.

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.