NOKIA.HE · HEL
Euro Stoxx 50
Nokia Oyj
Technology · Communication Equipment
€7.73
+€0.288 (+3.87%) today
Closing price on Nov 11, 2026 · Source: Yahoo Finance
Consensus of 22 analysts
Hold
Median price target €10.20 +32.0%
- Open
- €7.63
- Day range
- 7.63 – €7.76
- 52-week range
- 5.07 – €15.00
- Volume
- 3,519,697
- Market cap
- €43,721M
- P/E (TTM)
- 55.2x
- EPS (TTM)
- €0.14
- EPS est. 2026
- €0.36
- P/E est. 2026
- 21.4x
- Dividend yield
- 1.8%
- Beta
- 0.76
- Payout
- 100%
The analysis of this company is being prepared and will appear in the next update.
Nokia financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | €5,154M | +9.7% |
| Net income | €152M | +94.9% |
| Earnings per share | €0.03 | +117.4% |
| Net margin | 2.9% | +1.3 pp |
| Free cash flow | −€99M | −123.1% |
| Debt / equity | 0.16 | −23.5% |
Revenue and net income (€M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | €4,700M | €78M |
| Q4 2025 | €6,125M | €542M |
| Q1 2026 | €4,497M | €86M |
| Q2 2026 | €4,815M | €2M |
| Q3 2026 | €5,154M | €152M |
Nokia earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 7 | €0.1540.14 – 0.17 | −3.7%€0.160 |
| Next quarterQ1 2027 · Analysts: 1 | €0.0700.07 – 0.07 | +40.0%€0.050 |
| Current year2026 · Analysts: 19 | €0.3620.33 – 0.39 | +24.7%€0.290 |
| Next year2027 · Analysts: 19 | €0.4270.37 – 0.53 | +17.9%€0.362 |
Forward P/E: 21.4x (2026) and 18.1x (2027) at the current price.
Actual and estimated EPS (€)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | €0.014 | — |
| Q4 2025 | €0.160 | €0.151 |
| Q1 2026 | €0.050 | €0.038 |
| Q2 2026 | €0.070 | €0.061 |
| Q3 2026 | €0.090 | €0.063 |
| Q4 2026 | — | €0.154 |
| Q1 2027 | — | €0.070 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | €0.750 | — |
| 2023 | €0.120 | — |
| 2024 | €0.230 | — |
| 2025 | €0.120 | — |
| 2026 | — | €0.362 |
| 2027 | — | €0.427 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | €0.070 | +40.0% |
| Q4 2026Estimated | €0.154 | −3.6% |
| Q3 2026 | €0.090est. €0.063 · surprise +41.9% | +552.2% |
| Q2 2026 | €0.070est. €0.061 · surprise +15.2% | n/a |
| Q1 2026 | €0.050est. €0.038 · surprise +31.3% | n/a |
| Q4 2025 | €0.160est. €0.151 · surprise +5.9% | n/a |
| Q3 2025 | €0.014 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | €0.427 | +17.9% |
| 2026Estimated | €0.362 | +201.4% |
| 2025 | €0.120 | −47.8% |
| 2024 | €0.230 | +91.7% |
| 2023 | €0.120 | −84.0% |
| 2022 | €0.750 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Nokia dividend
Yield and payments
| Dividend yield (TTM) | 1.8% |
| Forward yield (next 12m) | 1.8% |
| Dividend per share (TTM) | €0.14 |
| Forward dividend (next 12m) | €0.14 |
| Payout (TTM) | 100% |
| Last dividend | €0.03Oct 26, 2026 |
| Next ex-dividend date | n/a |
Dividend per share by year (€)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | €0.10 |
| 2020 | €0.00 |
| 2021 | €0.00 |
| 2022 | €0.06 |
| 2023 | €0.11 |
| 2024 | €0.13 |
| 2025 | €0.14 |
| est. 12m | €0.14 |
Nokia forecasts
22 analyst ratings
Consensus: Hold · 12 buy, 5 hold, 5 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | €18.00 | +133.0% |
| Median | €10.20 | +32.0% |
| Low | €4.65 | −39.8% |
| Date | Close |
|---|---|
| Nov 28, 2025 | €5.24 |
| Dec 30, 2025 | €5.57 |
| Jan 30, 2026 | €5.42 |
| Feb 27, 2026 | €6.48 |
| Mar 31, 2026 | €6.80 |
| Apr 30, 2026 | €10.61 |
| May 29, 2026 | €12.58 |
| Jun 30, 2026 | €11.56 |
| Jul 31, 2026 | €7.96 |
| Aug 31, 2026 | €8.73 |
| Sep 30, 2026 | €9.02 |
| Oct 30, 2026 | €7.75 |
| Nov 11, 2026 | €7.73 |
Nokia peers
| Ticker | Company | Market cap (€M) | P/E | Price (€) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| NOKIA.HE | Nokia | 43,721 | 55.2x | 7.73 | +3.87% | 5.0715.00 |
| CSCO | Cisco | 386,965 | 29.5x | 98.15 $ | −0.51% | 71.10130.37 |
| MSI | Motorola Solutions | 87,194 | 42.4x | 527.38 $ | −0.11% | 359.36548.29 |
| HPE | Hewlett Packard Enterprise | 63,625 | 24.7x | 47.93 $ | +0.82% | 19.8473.56 |
| LITE | Lumentum | 53,102 | n/a | 585.57 $ | −1.78% | 215.351,143.00 |
| CIEN | Ciena | 38,586 | 60.9x | 272.10 $ | +1.03% | 168.22637.51 |
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