Nokia Oyj

Informe acción HLSE:NOKIA

Capitalización de mercado: €67.9b

Nokia Oyj Resultados de beneficios anteriores

Pasado controles de criterios 1/6

Nokia Oyj ha aumentado sus beneficios a una tasa media anual de 12%, mientras que los beneficios de la industria de Communications han experimentado un crecimiento de 7.1% anual. Los ingresos han ido disminuyendo a una tasa media de 4.1% al año. La rentabilidad financiera de Nokia Oyj es de 3.7%, y sus márgenes netos son de 3.9%.

Información clave

12.02%

Tasa de crecimiento de los beneficios

12.37%

Tasa de crecimiento del BPA

Crecimiento de la industria Communications 18.43%
Tasa de crecimiento de los ingresos-4.13%
Rentabilidad financiera3.69%
Margen neto3.87%
Próxima actualización de resultados23 Jul 2026

Actualizaciones de resultados anteriores recientes

Artículo de análisis 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

Nueva narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Actualización de narrativa 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.
Artículo de análisis 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...
Actualización de narrativa 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.
Artículo de análisis 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...
Actualización de narrativa 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.
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...

Desglose de ingresos y gastos

Cómo gana y gasta dinero Nokia Oyj. Basado en los últimos beneficios reportados, en base a los últimos doce meses (LTM).


Historial de beneficios e ingresos

HLSE:NOKIA Ingresos, gastos y beneficios (EUR Millions)
FechaIngresosBeneficiosGastos G+AGastos de I+D
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

Ingresos de calidad: NOKIA tiene una única gran pérdida de €662.0M que afecta a sus resultados financieros de los últimos 12 meses de 31st March, 2026.

Margen de beneficios creciente: Los actuales márgenes de beneficio(3.9%) de NOKIA son inferiores a los del año pasado (6.3%).


Análisis del flujo de caja libre vs. Beneficios


Análisis del crecimiento de los beneficios en el pasado

Tendencia de beneficios: NOKIA ha pasado a ser rentable en los últimos 5 años, con un crecimiento de los beneficios de 12% al año.

Acelerando crecimiento: NOKIA ha tenido un crecimiento negativo de los beneficios en el último año, por lo que no puede compararse con su media de 5 años.

Beneficios vs. Industria: NOKIA tuvo un crecimiento negativo de los beneficios (-35.4%) durante el año pasado, lo que dificulta la comparación con la media de la industria Communications (18.2%).


Rentabilidad financiera

Alta ROE: La rentabilidad financiera de NOKIA (3.7%) se considera baja.


Rentabilidad económica


Rendimiento del capital invertido


Descubre empresas con buenos resultados en el pasado

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/05/21 04:25
Precio de las acciones al final del día2026/05/21 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Nokia Oyj está cubierta por 61 analistas. 23 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

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