Q3 EPS Estimates for Nokia Lowered by Northland Securities

Posted by on Jul 28th, 2026

Nokia Corporation (NYSE:NOK – Free Report) – Northland Securities cut their Q3 2026 earnings estimates for Nokia in a research report issued on Friday, July 24th. Northland Securities analyst T. Savageaux now anticipates that the technology company will post earnings of $0.07 per share for the quarter, down from their previous forecast of $0.09. The consensus estimate for Nokia’s current full-year earnings is $0.41 per share.

Nokia (NYSE:NOK – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $5.57 billion. During the same quarter in the prior year, the business earned $0.04 EPS. Nokia’s quarterly revenue was up 8.4% compared to the same quarter last year.

Other research analysts have also issued reports about the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Argus upgraded 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. Nordea Equity Research upgraded shares of Nokia from a “hold” rating to a “buy” rating in a research report on Friday, April 24th. Danske raised Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. raised their price objective on shares of Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Thirteen equities research 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’s stock. According to data from MarketBeat, Nokia currently has an average rating of “Moderate Buy” and a consensus target price of $12.57.

View Our Latest Stock Report on Nokia

Nokia Stock Performance

NYSE:NOK opened at $9.25 on Tuesday. The firm has a 50-day moving average of $13.28 and a two-hundred day moving average of $10.31. 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 cap of $53.12 billion, a P/E ratio of 66.08, a PEG ratio of 1.04 and a beta of 1.17. Nokia has a 1-year low of $4.00 and a 1-year high of $17.45.

Institutional Investors Weigh In On Nokia

Several large investors have recently made changes to their positions in NOK. Fifth Third Bancorp boosted its holdings in Nokia by 248.7% in the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock worth $25,000 after purchasing an additional 2,721 shares in the last quarter. FNY Investment Advisers LLC lifted its position in Nokia by 33,457.1% during the 4th quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock worth $30,000 after acquiring an additional 4,684 shares during the last quarter. Dorato Capital Management bought a new stake in Nokia during the fourth quarter valued at about $31,000. Smithfield Trust Co acquired a new stake in shares of Nokia in the fourth quarter valued at about $35,000. Finally, Wexford Capital LP acquired a new stake in shares of Nokia in the third quarter valued at about $29,000. Institutional investors own 5.28% of the company’s stock.

About Nokia

(Get Free Report)

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.

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Earnings History and Estimates for Nokia (NYSE:NOK)

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