Nokia Oyj

HLSE:NOKIA 株式レポート

時価総額：€74.3b

Nokia Oyj 将来の成長

Future 基準チェック /36

Nokia Oyj利益と収益がそれぞれ年間24.9%と4.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.3% 23.5%なると予測されています。

主要情報

24.9%

収益成長率

23.54%

EPS成長率

Communications 収益成長16.3%
収益成長率4.5%
将来の株主資本利益率11.34%
アナリストカバレッジ

Good

最終更新日22 May 2026

今後の成長に関する最新情報

Recent updates

新しいナラティブ • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
ナラティブの更新 • 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.
分析記事 • 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...
ナラティブの更新 • 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.
分析記事 • 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...
ナラティブの更新 • 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.
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...

業績と収益の成長予測

HLSE:NOKIA - アナリストの将来予測と過去の財務データ ( )EUR Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/202823,2922,2662,3823,13016
12/31/202721,9551,8421,9372,73623
12/31/202620,8231,4491,6942,48323
3/31/202619,9967741,3731,964N/A
12/31/202519,8896291,4652,071N/A
9/30/202519,7488491,2881,904N/A
6/30/202519,2469091,4812,036N/A
3/31/202519,1661,1981,7872,316N/A
12/31/202419,2201,7042,0212,493N/A
9/30/202418,6528893,6924,155N/A
6/30/202419,0358872,6233,123N/A
3/31/202420,0078091,7692,301N/A
12/31/202321,1386356651,317N/A
9/30/202323,1713,848-68414N/A
6/30/202324,7044,12838708N/A
3/31/202325,1384,304354998N/A
12/31/202223,7614,1938731,474N/A
9/30/202223,8761,7278281,393N/A
6/30/202223,0331,6521,1531,731N/A
3/31/202222,4741,5321,2901,880N/A
12/31/202122,2021,6322,0652,625N/A
9/30/202122,341-1,7422,4783,018N/A
6/30/202122,236-1,8842,1942,702N/A
3/31/202122,015-2,1482,4452,929N/A
12/31/202021,852-2,5201,2801,759N/A
9/30/202022,2027401,9362,469N/A
6/30/202022,5946251,8932,520N/A
3/31/202023,1963556021,271N/A
12/31/201923,31514N/A390N/A
9/30/201923,280-359N/A187N/A
6/30/201923,052-570N/A-359N/A
3/31/201922,671-646N/A-277N/A
12/31/201822,563-554N/A360N/A
9/30/201822,346-1,128N/A964N/A
6/30/201822,388-1,194N/A302N/A
3/31/201822,693-1,351N/A2,174N/A
12/31/201723,147-1,473N/A1,811N/A
9/30/201723,153-430N/A331N/A
6/30/201723,549-357N/A1,310N/A
3/31/201723,508-600N/A-344N/A
12/31/201623,641-751N/A-1,454N/A
9/30/201620,593-912N/A-1,507N/A
6/30/201617,733-604N/A-1,239N/A
3/31/201615,075399N/A-881N/A
12/31/201512,5601,192N/A503N/A
9/30/201512,3991,018N/A270N/A
6/30/201512,4513,129N/A166N/A

アナリストによる今後の成長予測

収入対貯蓄率: NOKIAの予測収益成長率 (年間24.9% ) は 貯蓄率 ( 2.3% ) を上回っています。

収益対市場: NOKIAの収益 ( 24.9% ) はFinnish市場 ( 14% ) よりも速いペースで成長すると予測されています。

高成長収益: NOKIAの収益は今後 3 年間で 大幅に 増加すると予想されています。

収益対市場: NOKIAの収益 ( 4.5% ) Finnish市場 ( 4.7% ) よりも低い成長が予測されています。

高い収益成長: NOKIAの収益 ( 4.5% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: NOKIAの 自己資本利益率 は、3年後には低くなると予測されています ( 11.3 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/25 15:14
終値2026/05/22 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Nokia Oyj 23 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。61

アナリスト機関
null nullABG Sundal Collier
Richard KramerArete Research Services LLP
James KelleherArgus Research Company