Nokia Oyj

HLSE:NOKIA Lagerbericht

Marktkapitalisierung: €65.8b

Nokia Oyj Vergangene Ertragsentwicklung

Vergangenheit Kriterienprüfungen 1/6

Nokia Oyj verzeichnete einen durchschnittlichen jährlichen Gewinnzuwachs von 12%, während die Gewinne der Branche Communications jährlich um gewachsen und zwar um 7.1%. Die Umsätze verzeichneten einen durchschnittlichen jährlichen Gewinnzuwachs von rückläufig von 4.1%. Die Eigenkapitalrendite von Nokia Oyj beträgt 3.7% und die Nettomargen betragen 3.9%.

Wichtige Informationen

12.02%

Wachstumsrate der Gewinne

12.37%

EPS-Wachstumsrate

Communications Wachstum der Industrie18.43%
Wachstumsrate der Einnahmen-4.13%
Eigenkapitalrendite3.69%
Netto-Marge3.87%
Nächste Ertragsaktualisierung23 Jul 2026

Jüngste Aktualisierungen vergangener Leistungen

Analyseartikel Jul 31

We Think Nokia Oyj's (HEL:NOKIA) Solid Earnings Are Understated

Nokia Oyj's ( HEL:NOKIA ) recent earnings report didn't offer any surprises, with the shares unchanged over the last...

Recent updates

Neues Narrativ May 18

NOKIA: Leveraging Open RAN Interoperability to Scale Private Networks and Capitalize on the Emergence of Industrial 6G Connectivity

Nokia Oyj is navigating an extraordinary structural recovery in 2026, successfully shedding its legacy as a hardware-locked vendor to become the primary architect of open, programmable telecommunications fabrics. The organization has centered its entire identity on the Cloudification of the radio access network (RAN) and the security of sovereign data pipelines.
Narrativ-Update Apr 29

NOKIA: Telecom Capex And Execution Risks Will Limit AI Networking Rerating

The analyst fair value estimate for Nokia Oyj has moved from €3.78 to €4.65, reflecting recent price target increases and a combination of upgrades and downgrades from several banks that cite updated views on margins, revenue expectations and Nokia's future P/E outlook. Analyst Commentary Recent research on Nokia Oyj shows a wide range of opinions, with some firms lifting price targets and others taking a more cautious line.
Narrativ-Update Apr 14

NOKIA: AI RAN And Cloud Alliances Will Drive Future Earnings Rebound

Analysts have lifted the fair value estimate for Nokia Oyj from €8.80 to about €9.84, reflecting updated expectations for slightly lower revenue growth, a modestly higher profit margin, and a higher future P/E multiple, informed by a mix of recent upgrades, downgrades, and price target increases from major banks and brokers. Analyst Commentary Recent Street research on Nokia shows a split tape, with both upgrades and downgrades, but the higher fair value estimate reflects that the more optimistic voices are assigning greater weight to improved execution and potential re rating in the sector.
Narrativ-Update Mar 31

NOKIA: AI And Cloud Alliances Will Support Future Earnings Rebound Narrative

Analysts have lifted the fair value estimate for Nokia Oyj from €7.20 to €8.80, reflecting updated assumptions for slightly higher revenue growth, profit margins and future P/E, alongside a series of recent target hikes and mixed rating changes across the Street. Analyst Commentary Recent Street research on Nokia Oyj has been mixed, with several downgrades on ratings but also a clear cluster of higher fair value and price targets from bullish analysts.
Narrativ-Update Mar 17

NOKIA: AI Network Partnerships Will Face Rating Pressure And Limited Upside

Narrative update on Nokia Oyj Analysts have lifted the updated fair value estimate for Nokia to €6.21 from €5.43, supported by a higher assumed future P/E of about 24x and a series of recent price target hikes to around €6.50 to €8.50, even as some firms have shifted ratings toward more neutral stances. Analyst Commentary Recent research on Nokia presents a mixed picture, with several firms lifting price targets while others shift to more neutral stances.
Narrativ-Update Mar 03

NOKIA: AI And Cloud Partnerships Will Support Steady Long Term Earnings

The analyst price target for Nokia has shifted modestly to €6.50. This reflects a mix of recent upgrades, a downgrade to Hold and slightly adjusted assumptions for revenue growth, profit margin and future P/E that leave fair value broadly unchanged.
Narrativ-Update Feb 16

NOKIA: AI And Cloud Demand Will Support Long Term Earnings Power

Analysts have lifted their average price target for Nokia Oyj, with recent increases such as Citi's €0.75 raise, JPMorgan's €0.20 bump and several upgrades to Buy reflecting greater confidence in the shares despite adjustments to growth, margin and P/E assumptions. Analyst Commentary Recent research on Nokia Oyj points to a clear shift in tone as several bullish analysts adjust their views, even when individual price targets or assumptions differ.
Narrativ-Update Feb 02

NOKIA: Telecom Capex And Execution Risks Will Constrain AI Networking Upside

Analysts have lifted their price expectations for Nokia Oyj, with our fair value estimate moving from €3.59 to €3.78 as a series of target increases and upgrades, alongside updated assumptions on discount rate, revenue growth, profit margins and future P/E, feed into a slightly higher valuation. Analyst Commentary Recent research on Nokia Oyj includes a cluster of upgrades and higher targets, balanced by at least one more cautious reset.
Narrativ-Update Jan 19

NOKIA: Telecom Capex Constraints Will Limit AI Networking Upside

Analysts have lifted their price target on Nokia Oyj to about €3.59 from roughly €3.03, pointing to updated assumptions for slightly lower discount rates, higher revenue growth, a reduced profit margin, and a higher future P/E multiple, supported by a series of recent upgrades and target hikes following Q3 results and AI related commentary. Analyst Commentary Recent research on Nokia Oyj shows a mix of optimism around AI and network opportunities alongside more cautious views on execution, capital intensity, and the balance of risks.
Narrativ-Update Jan 05

NOKIA: AI Demand And U.S. Investment Will Shape Balanced Risk Ahead

Analysts have made a modest adjustment to their price target framework for Nokia Oyj, refining assumptions around revenue growth, profit margins and future P/E multiples, while citing a mix of higher targets from several banks and more cautious views that focus on telecom capex risks and segment level valuation. Analyst Commentary Recent research on Nokia Oyj shows a split view, with some analysts highlighting improving growth optionality and others focusing on execution risks and valuation constraints tied to capital spending trends in telecom networks.
Narrativ-Update Dec 22

NOKIA: AI And Cloud Demand Will Drive Margin Expansion And Upside Potential

Nokia Oyj's analyst fair value estimate has been raised from EUR 5.75 to EUR 7.20, as analysts highlight improving margins, slightly stronger growth expectations, and an increasingly compelling AI driven equity story, despite mixed views on long term network infrastructure targets. Analyst Commentary Recent Street research on Nokia Oyj reflects a notable shift toward a more constructive stance, with several bullish analysts highlighting improving execution, a clearer growth algorithm, and a more compelling equity story tied to artificial intelligence and cloud driven demand.
Narrativ-Update Dec 08

NOKIA: AI Demand And U.S. Expansion Will Shape Balanced Risk Ahead

Analysts have nudged their fair value estimate for Nokia Oyj modestly higher, lifting the implied price target by approximately EUR 0.04 per share. They are balancing improving AI driven growth prospects and supportive recent upgrades against tempered expectations for long term margins and network infrastructure multiples.
Narrativ-Update Nov 24

NOKIA: Recent Ratings Changes And U.S. Investment Will Drive Balanced Risk Ahead

Nokia’s analyst fair value price target was increased from €5.29 to €5.39, as analysts cited improving revenue growth and profit margin outlook. This adjustment is supported by recent upgrades reflecting AI potential.
Narrativ-Update Nov 05

NOKIA: Recent Downgrades Will Pressure Shares Amid China Network Setbacks

Nokia Oyj's analyst price target has increased significantly from €4.53 to €5.29. Analysts cite stronger-than-expected quarterly results and ongoing momentum in key business segments, despite market caution regarding telecom capital expenditures and technology partnerships.
Analyseartikel Oct 28

Nokia Oyj (HEL:NOKIA) Looks Just Right With A 38% Price Jump

Nokia Oyj ( HEL:NOKIA ) shares have continued their recent momentum with a 38% gain in the last month alone. Taking a...
Narrativ-Update Oct 22

Analyst Commentary Highlights Shifting Sentiment and Modest Price Target Increase for Nokia Oyj

Nokia Oyj’s analyst price target has increased modestly from €4.49 to €4.53, as analysts cite slightly improved revenue growth forecasts and a more constructive industry outlook. Analyst Commentary Recent updates from equity analysts present a mixed outlook for Nokia Oyj, reflecting shifting industry trends and company-specific considerations.
Analyseartikel Oct 16

Nokia Oyj (HEL:NOKIA) Is Due To Pay A Dividend Of €0.03

The board of Nokia Oyj ( HEL:NOKIA ) has announced that it will pay a dividend of €0.03 per share on the 6th of...
Narrativ-Update Oct 08

Expanding Fiber Networks And Hyperscaler Demand Will Drive Future Opportunity

Nokia's analyst price target has risen modestly from €4.45 to €4.49. Analysts cite improved sentiment following the company's strategic focus on networking infrastructure and perceived overdone pessimism in the shares.
Analyseartikel Oct 02

Nokia Oyj (HEL:NOKIA) Has Announced A Dividend Of €0.03

The board of Nokia Oyj ( HEL:NOKIA ) has announced that it will pay a dividend on the 6th of November, with investors...
Analyseartikel Sep 18

Nokia Oyj (HEL:NOKIA) Will Pay A Dividend Of €0.03

Nokia Oyj ( HEL:NOKIA ) has announced that it will pay a dividend of €0.03 per share on the 6th of November. This means...
Analyseartikel Aug 29

Nokia Oyj (HEL:NOKIA) Is Paying Out A Dividend Of €0.03

Nokia Oyj ( HEL:NOKIA ) has announced that it will pay a dividend of €0.03 per share on the 6th of November. This makes...
Analyseartikel Aug 09

Nokia Oyj's (HEL:NOKIA) Dividend Will Be €0.03

The board of Nokia Oyj ( HEL:NOKIA ) has announced that it will pay a dividend of €0.03 per share on the 6th of...
Analyseartikel Jul 31

We Think Nokia Oyj's (HEL:NOKIA) Solid Earnings Are Understated

Nokia Oyj's ( HEL:NOKIA ) recent earnings report didn't offer any surprises, with the shares unchanged over the last...
Analyseartikel Jul 18

Nokia Oyj (HEL:NOKIA) Has Announced A Dividend Of €0.0333

Nokia Oyj's ( HEL:NOKIA ) investors are due to receive a payment of €0.0333 per share on 7th of August. This will take...
Analyseartikel Jul 18

Why Investors Shouldn't Be Surprised By Nokia Oyj's (HEL:NOKIA) P/E

It's not a stretch to say that Nokia Oyj's ( HEL:NOKIA ) price-to-earnings (or "P/E") ratio of 18.7x right now seems...
Analyseartikel Jul 02

Nokia Oyj (HEL:NOKIA) Will Pay A Dividend Of €0.0333

Nokia Oyj's ( HEL:NOKIA ) investors are due to receive a payment of €0.0333 per share on 7th of August. This takes the...
Analyseartikel Jun 18

Nokia Oyj (HEL:NOKIA) Has Announced A Dividend Of €0.0333

The board of Nokia Oyj ( HEL:NOKIA ) has announced that it will pay a dividend on the 7th of August, with investors...
Analyseartikel Jun 12

Return Trends At Nokia Oyj (HEL:NOKIA) Aren't Appealing

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Analyseartikel May 28

Nokia Oyj (HEL:NOKIA) Will Pay A Dividend Of €0.0333

Nokia Oyj ( HEL:NOKIA ) will pay a dividend of €0.0333 on the 7th of August. This takes the annual payment to 2.9% of...

Aufschlüsselung der Einnahmen und Ausgaben

Wie Nokia Oyj Geld verdient und ausgibt. Basierend auf den neuesten gemeldeten Einnahmen der letzten zwölf Monate.


Gewinn- und Umsatzhistorie

HLSE:NOKIA Einnahmen, Ausgaben und Erträge (EUR Millions)
DatumEinnahmenGewinnAllgemeine und VerwaltungskostenF&E-Ausgaben
31 Mar 2619,9967742,6304,772
31 Dec 2519,8896292,6794,718
30 Sep 2519,7488492,6264,554
30 Jun 2519,2469092,5814,441
31 Mar 2519,1661,1982,5614,359
31 Dec 2419,2201,7042,5454,319
30 Sep 2418,6528892,4934,245
30 Jun 2419,0358872,5064,246
31 Mar 2420,0078092,5024,204
31 Dec 2321,1386352,5374,216
30 Sep 2323,1713,8482,7794,366
30 Jun 2324,7044,1282,8784,483
31 Mar 2325,1384,3042,9094,539
31 Dec 2223,7614,1932,8174,466
30 Sep 2223,8761,7272,8624,420
30 Jun 2223,0331,6522,7654,290
31 Mar 2222,4741,5322,7234,233
31 Dec 2122,2021,6322,7664,214
30 Sep 2122,341-1,7422,7274,081
30 Jun 2122,236-1,8842,7043,954
31 Mar 2122,015-2,1482,7153,896
31 Dec 2021,852-2,5202,8984,087
30 Sep 2022,2027402,8633,917
30 Jun 2022,5946252,9484,078
31 Mar 2023,1963553,0254,231
31 Dec 1923,315143,0614,434
30 Sep 1923,280-3593,1154,489
30 Jun 1923,052-5703,1844,547
31 Mar 1922,671-6463,2114,584
31 Dec 1822,563-5543,2774,598
30 Sep 1822,346-1,1283,2544,655
30 Jun 1822,388-1,1943,2754,733
31 Mar 1822,693-1,3513,3464,776
31 Dec 1723,147-1,4733,6524,859
30 Sep 1723,153-4303,4914,892
30 Jun 1723,549-3573,5124,887
31 Mar 1723,508-6003,4984,911
31 Dec 1623,641-7513,5384,935
30 Sep 1620,593-9123,0864,221
30 Jun 1617,733-6042,6413,516
31 Mar 1615,0753992,2342,803
31 Dec 1512,5601,1921,7812,080
30 Sep 1512,3991,0181,6282,079
30 Jun 1512,4513,1291,5902,081

Qualität der Erträge: NOKIA hat einen großen einmalig Verlust von €662.0M verbucht, der sich auf die Finanzergebnisse der letzten 12 Monate bis zum 31st March, 2026 auswirkt.

Wachsende Gewinnspanne: NOKIADie aktuellen Gewinnspannen (3.9%) sind niedriger als im letzten Jahr (6.3%).


Analyse von freiem Cashflow und Gewinn


Analyse des Gewinnwachstums in der Vergangenheit

Ergebnisentwicklung: NOKIA ist in den letzten 5 Jahren profitabel geworden und hat seinen Gewinn um 12% pro Jahr gesteigert.

Beschleunigtes Wachstum: NOKIADas Unternehmen hat im vergangenen Jahr ein negatives Gewinnwachstum verzeichnet, so dass es nicht mit seinem 5-Jahres-Durchschnitt verglichen werden kann.

Erträge im Vergleich zur Industrie: NOKIA hatte im vergangenen Jahr ein negatives Gewinnwachstum (-35.4%), was einen Vergleich mit dem Branchendurchschnitt Communications (18.2%) erschwert.


Eigenkapitalrendite

Hohe Eigenkapitalrendite: NOKIADie Eigenkapitalrendite des Unternehmens (3.7%) wird als niedrig angesehen.


Kapitalrendite


Rendite auf das eingesetzte Kapital


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Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/05/20 14:00
Aktienkurs zum Tagesende2026/05/20 00:00
Gewinne2026/03/31
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

Nokia Oyj wird von 61 Analysten beobachtet. 23 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
null nullABG Sundal Collier
Richard KramerArete Research Services LLP
James KelleherArgus Research Company