Nokia Oyj

HLSE:NOKIA 株式レポート

時価総額:€77.6b

Nokia Oyj 過去の業績

過去 基準チェック /16

Nokia Oyjは、平均年間12%の収益成長を遂げていますが、 Communications業界の収益は、年間 成長しています。収益は、平均年間5.2% 4.1%収益成長率で 減少しています。 Nokia Oyjの自己資本利益率は3.7%であり、純利益率は3.9%です。

主要情報

12.02%

収益成長率

12.37%

EPS成長率

Communications 業界の成長18.43%
収益成長率-4.13%
株主資本利益率3.69%
ネット・マージン3.87%
次回の業績アップデート23 Jul 2026

最近の業績更新

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...

Recent updates

ナラティブの更新 May 26

NOKIA: Telecom Capex Constraints Will Curb AI Networking Re Rating Potential

Nokia Oyj's analyst price target has moved higher into a €8.50 to €14.00 range, with analysts citing updated assumptions for slightly stronger revenue growth, a modestly higher profit margin and a marginally lower future P/E multiple. Analyst Commentary Recent Street research on Nokia Oyj shows a mix of optimism around the long term opportunity and ongoing caution around execution, growth visibility and valuation.
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...

収支内訳

Nokia Oyj の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。


収益と収入の歴史

HLSE:NOKIA 収益、費用、利益 ( )EUR Millions
日付収益収益G+A経費研究開発費
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

質の高い収益: NOKIAには€662.0M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。

利益率の向上: NOKIAの現在の純利益率 (3.9%)は、昨年(6.3%)よりも低くなっています。


フリー・キャッシュフローと収益の比較


過去の収益成長分析

収益動向: NOKIA過去 5 年間で収益を上げており、収益は年間12%増加しています。

成長の加速: NOKIAは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。

収益対業界: NOKIAは過去 1 年間で収益成長率がマイナス ( -35.4% ) となったため、 Communications業界平均 ( 19.4% ) と比較することが困難です。


株主資本利益率

高いROE: NOKIAの 自己資本利益率 ( 3.7% ) は 低い とみなされます。


総資産利益率


使用総資本利益率


過去の好業績企業の発掘

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2026/05/26 09:45
終値2026/05/26 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