Northland Securities Predicts Nokia FY2026 Earnings

Nokia Corporation (NYSE:NOK) – Research analysts at Northland Securities lifted their FY2026 earnings per share estimates for Nokia in a report released on Friday, October 23rd. Northland Securities analyst T. Savageaux now expects that the technology company will post earnings of $0.42 per share for the year, up from their previous forecast of $0.40. The consensus estimate for Nokia’s current full-year earnings is $0.40 per share. Northland Securities also issued estimates for Nokia’s Q4 2026 earnings at $0.17 EPS, Q1 2027 earnings at $0.09 EPS, Q2 2027 earnings at $0.11 EPS, Q3 2027 earnings at $0.12 EPS, Q4 2027 earnings at $0.18 EPS and FY2027 earnings at $0.50 EPS.

Several other research analysts have also recently commented on NOK. JPMorgan Chase & Co. reduced their target price on Nokia from $21.00 to $20.50 and set an “overweight” rating for the company in a research report on Friday. UBS Group reissued a “neutral” rating on shares of Nokia in a report on Wednesday, July 1st. B. Riley Financial started coverage on shares of Nokia in a research note on Thursday, September 17th. They issued a “buy” rating and a $15.00 price objective for the company. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of Nokia in a report on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Nokia in a report on Monday, July 27th. Sixteen analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Nokia has a consensus rating of “Moderate Buy” and a consensus price target of $13.41.

Nokia Stock Performance

NOK opened at $8.63 on Monday. The stock has a market cap of $49.58 billion, a PE ratio of 53.97, a P/E/G ratio of 0.92 and a beta of 1.19. The company has a current ratio of 1.47, a quick ratio of 1.19 and a debt-to-equity ratio of 0.09. Nokia has a 1 year low of $5.86 and a 1 year high of $17.45. The stock’s 50 day simple moving average is $10.12 and its 200-day simple moving average is $10.18.

Nokia (NYSE:NOK) last announced its quarterly earnings data on Thursday, October 22nd. The technology company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. Nokia had a return on equity of 10.48% and a net margin of 3.80%. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.72 billion. During the same quarter last year, the company earned $0.06 EPS. The company’s quarterly revenue was up 9.7% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in NOK. Angeles Wealth Management LLC boosted its stake in shares of Nokia by 6.4% in the 3rd quarter. Angeles Wealth Management LLC now owns 43,075 shares of the technology company’s stock valued at $437,000 after purchasing an additional 2,601 shares in the last quarter. BG Investment Services LLC bought a new position in shares of Nokia in the third quarter valued at approximately $844,000. Simplicity Wealth LLC acquired a new position in shares of Nokia in the 3rd quarter worth approximately $108,000. Gibbs Wealth Management boosted its holdings in shares of Nokia by 22.8% in the 3rd quarter. Gibbs Wealth Management now owns 25,040 shares of the technology company’s stock worth $254,000 after acquiring an additional 4,652 shares in the last quarter. Finally, Yousif Capital Management LLC grew its position in Nokia by 14.5% during the 3rd quarter. Yousif Capital Management LLC now owns 18,036 shares of the technology company’s stock worth $183,000 after acquiring an additional 2,286 shares during the last quarter. 5.28% of the stock is owned by institutional investors.

More Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia signed a five-year engineering and R&D agreement with L&T Technology Services in India. The partnership is expected to strengthen Nokia’s local technology capabilities and support its broader AI infrastructure strategy. L&T Technology Services and Nokia Forge Engineering Collaboration
• Positive Sentiment: Nokia and O2 completed an AI-RAN deployment at O2’s Giga Site in London Paddington. The project provides a real-world demonstration of AI-enabled network technology and could help Nokia win additional operator contracts. O2 and Nokia Complete AI-RAN Deployment
• Positive Sentiment: Northland Securities increased its earnings estimates for Nokia, suggesting improved expectations for operating performance. The revision may reinforce optimism around growth in AI networks and related infrastructure. Northland Securities Increases Earnings Estimates for Nokia
• Positive Sentiment: Nokia partnered with ICEYE to explore a sovereign satellite communications network for Ukraine. Although the project is still exploratory, it could create opportunities in secure communications, defense, and satellite connectivity. Nokia and ICEYE Partner With Ukraine
• Neutral Sentiment: Commentary argues that Nokia needs major AI-RAN wins, potentially including a deal involving Elon Musk, to validate the strategy. Musk-related business is speculative and is not presented as a signed contract. Nokia Needs Big AI-RAN Deals
• Negative Sentiment: JPMorgan and Rosenblatt Securities lowered their expectations or price targets for Nokia stock, signaling continued caution about Nokia’s near-term earnings outlook and valuation. JPMorgan Lowers Expectations for Nokia Rosenblatt Cuts Nokia Price Target

Nokia Company Profile

Nokia Oyj is a Finland-based technology company that provides communications networking equipment, software and related services to telecommunications operators, enterprises, governments and other organizations worldwide. Its offerings support fixed and mobile broadband, optical and IP networks, data centers, cloud environments and private wireless communications.

The company’s business activities include mobile network infrastructure, network automation and management software, fiber and broadband access, optical networking, routing, data-center networking, and cloud and network services.