Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies.
infoNokia Oyj is a large cap stock with a total market cap of 21.24B.
infoThey trade on the NYSE and had their IPO 29 years and 1 month ago.
infoNokia Oyj currently employs 86896 people.
infoAs of Wednesday, Aug 23 2023, Nokia Oyj’s share price is $3.83.
News Relating to Nokia Oyj
Zacks Investment Research
Nokia (NOK) Launches Improved Home Connectivity Software
Tuesday Aug 22 2023 at 10:31
Nokia’s (NOK) Corteca software is set to enable service providers to enhance customer experiences, create new revenue-generating opportunities and reduce operational costs.
Zacks Investment Research
Nokia (NOK) Extends Network-in-a-Box Program For Ease of Use
Friday Aug 18 2023 at 14:05
Nokia (NOK) expand its ‘network-in-a-box’ program by introducing fiber optic broadband network electronic products and optical modules to accelerate broadband deployment.
Forbes
Is Nokia Stock A Buy At $4?
Friday Aug 18 2023 at 07:00
Nokia stock has underperformed this year, declining by about 20% since early January compared to the broader S&P 500 which gained about 15% over the same period.
Zacks Investment Research
Nokia (NOK) & Eastlink Join Forces to Upgrade 5G Network
Thursday Aug 17 2023 at 13:17
Eastlink selects Nokia’s (NOK) Airscale portfolio to upgrade and expand mobile network infrastructure in Canada.
InvestorPlace
The 3 Most Undervalued Communications Stocks to Buy Now: August 2023
Wednesday Aug 16 2023 at 06:31
The telecommunications industry is key to powering our digital lives. Providing consumers and businesses with not only basic access to the internet but also data servers and cloud networks.
Zacks Investment Research
Will Weak Embedded Segment Hurt AMD’s Q2 Earnings Growth?
Monday Jul 31 2023 at 14:53
AMD’s second-quarter 2023 earnings are expected to reflect sluggish demand for embedded solutions due to weakness in 5G deployment and rebalancing of inventory.
The Motley Fool
2 of the Cheapest Stocks I Own
Tuesday Jul 25 2023 at 11:41
Despite appearances, low-priced stocks can hold exceptional value and future growth prospects. Tech giants like IBM and Nokia have evolved their business models to keep pace with industry changes, making them great picks in the long run.
Zacks Investment Research
Nokia’s (NOK) Q2 Earnings Miss Estimates, Revenues Fall Y/Y
Thursday Jul 20 2023 at 12:09
Nokia (NOK) reports lower revenues year over year in the second quarter of 2023 due to declining trends in Network Infrastructure and demand softness in North America.
TechXplore
Nokia profits fall as clients particularly in North America shun investments
Thursday Jul 20 2023 at 06:55
Wireless and fixed-network equipment maker Nokia on Thursday reported a fall in second quarter profit as clients especially in North America postponed investments due to a slowdown in economic growth and rising financing costs.
Reuters
Nokia profit falls as North American slowdown dents margins
Thursday Jul 20 2023 at 01:15
Finnish telecom gear group Nokia on Thursday reported a drop in second-quarter profit due to a decline in margin as growth in sales of 5G gear in low-margin markets such as India failed to offset slowing demand in North America.
Zacks Investment Research
Will Higher Revenues Augment Nokia’s (NOK) Q2 Earnings?
Tuesday Jul 18 2023 at 14:20
Nokia (NOK) is expected to report higher revenues year over year in the second quarter of 2023, backed by its robust product portfolio, rapid 5G expansions and technological innovations.
Seeking Alpha
Buy, Hold, Or Sell Nokia Ahead Of Q2 Earnings?
Monday Jul 17 2023 at 18:28
Nokia pre-announced a disappointing outlook ahead of its quarterly report set for this Thursday. Cost cut efforts are underway as the firm preserves margins. Look out for the company re-affirming a recovery in demand later this year.
Business Insider
Meme stocks are rallying again – and that’s bad news for the market
Monday Jul 17 2023 at 09:17
Meme stocks have climbed higher in 2023 as part of a broader rally. A fund that tracks retail traders’ favorites has jumped 60% year-to-date, and recently hit a one-year high.
InvestorPlace
Why Is Nokia (NOK) Stock Down 9% Today?
Friday Jul 14 2023 at 16:14
Nokia (NYSE: NOK ) hasn’t been able to catch a break this year, something that has only been accentuated today by an unscheduled business update. Specifically, management lowered its net sales outlook for the current fiscal year, sending investors rushing for the exits.
Investopedia
Nokia and Ericsson ADRs Tumble on a Slowdown in Demand for Telecom Equipment
Friday Jul 14 2023 at 13:15
Falling demand for telecommunications equipment impacted sales at Nokia and Ericsson, and ADRs of the two companies dropped.
The Motley Fool
Why Nokia Stock Dropped Today
Friday Jul 14 2023 at 11:12
Nokia just lowed its full-year guidance for 2023. The company is in the early innings of its corporate refresh, which makes the lower guidance all that more discouraging.
Investopedia
5 Things to Know Before Markets Open
Friday Jul 14 2023 at 07:55
Shares of JPMorgan and Wells Fargo surge after reporting earnings that beat analyst expectations and U.K. regulators extend the deadline on the Microsoft-Activision merger probe. Here’s what investors need to know today.
TechXplore
Ericsson and Nokia feel squeeze of interest rates hikes
Friday Jul 14 2023 at 07:43
Interest rate hikes are forcing mobile operators to scale back investment in 5G networks, with equipment manufacturer Ericsson reporting Friday a rare net quarterly loss and Nokia lowering its outlook.
Barrons
Nokia, Ericsson Stocks Are Tumbling. U.S. Telecom Companies Are Cutting Back.
Friday Jul 14 2023 at 05:04
Nokia and Ericsson shares fell after both gave disappointing guidance on Friday and flagged a slowdown in North American sales.
Market Watch
Nokia and Ericsson shares tumble on profit warning, lackluster results driven by weak U.S. markets
Friday Jul 14 2023 at 04:46
Shares of Nokia Oyj and Ericsson AB tumbled on Friday after the mobile device and network equipment rivals dropped a warning and some lackluster results on investors amid struggles with weak North American markets.
InvestorPlace
7 Dirt-Cheap Stocks to Buy in July 2023
Friday Jul 07 2023 at 09:07
As we navigate the ebb and flow of the market, several growth and low-priced stocks have been throwing punches above their weight. As we delve into the year’s second half, it’s prime time to dive into the treasure trove of dirt-cheap stocks to buy for July.
Zacks Investment Research
Nokia (NOK) Inks Long-Term Patent License Agreement With Apple
Monday Jul 03 2023 at 12:12
The Finnish telecom giant Nokia (NOK) signed a multi-year patent license agreement with Apple. The agreement includes Nokia’s industry leading 5G portfolio and other technologies.
TechXplore
Nokia renews patent license agreement with Apple, covering 5G and other technologies
Saturday Jul 01 2023 at 13:49
Network infrastructure and 5G technology provider Nokia has signed a new long-term patent license agreement with Apple to replace the current deal between the two companies that is set to expire at the end of 2023.
24/7 Wall Street
5 ‘Strong Buy’ Stocks Under $10 Are Household Names and Could Explode Higher
Saturday Jul 01 2023 at 06:10
While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
Zacks Investment Research
Nokia (NOK) Unveils AI-Powered 5G Solutions for Mobile Networks
Thursday Jun 22 2023 at 14:06
Nokia (NOK) unveils a wide array of AI-powered next-generation solutions to enhance mobile networks’ capabilities to match exponential traffic growth and establish a future-proof network infrastructure.
Zacks Investment Research
Nokia (NOK) Solutions to Boost Virgin Media’s O2 Connectivity
Monday Jun 19 2023 at 12:29
Virgin Media O2 aims to accelerate its 5G coverage rollout by leveraging Nokia’s (NOK) single RAN solution.
Zacks Investment Research
Nokia (NOK) Flat As Market Gains: What You Should Know
Tuesday Jun 13 2023 at 19:05
In the latest trading session, Nokia (NOK) closed at $4.08, marking no change from the previous day.
Benzinga
Wall Street’s Most Accurate Analysts Say Buy These 3 Tech Stocks With Over 3% Dividend Yields – Adtran (NASDAQ:ADTN), Corning (NYSE:GLW)
Monday Jun 12 2023 at 09:00
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
InvestorPlace
3 Cheap Stocks That Wall Street Analysts Still Love
Thursday Jun 08 2023 at 17:27
The allure of Wall Street’s favorite cheap stocks lies in their high upside potential, requiring smaller up-front investments. These stocks, which are priced under $10 apiece, offer investors with the opportunity to build a diverse portfolio without breaking the bank.
Zacks Investment Research
Nokia (NOK) Solutions to Power Charter’s Network Connectivity
Tuesday Jun 06 2023 at 11:59
Charter Communications has selected Nokia’s (NOK) industry leading AirScale portfolio to provide fast, reliable and targeted 5G connectivity to Spectrum Mobile customers.
Nokia Oyj Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Nokia Oyj’s Altman Z-score is 1.7 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Nokia Oyj Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, there has been no insider trading in Nokia Oyj.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Nokia Oyj’s Income Quality of 0.17 is lower than its Industry Group of 0.41 (-58.5% lower)
Nokia Oyj’s Income Quality of 0.17 is lower than its Major Industry Group of 0.7 (-75.7% lower)
Nokia Oyj’s Income Quality of 0.17 is lower than its Sector of 0.75 (-77.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Nokia Oyj’s Current Ratio of 1.6 is lower than its Industry Group of 1.92 (-16.7% lower)
Nokia Oyj’s Current Ratio of 1.6 is lower than its Major Industry Group of 2.37 (-32.5% lower)
Nokia Oyj’s Current Ratio of 1.6 is lower than its Sector of 2.6 (-38.5% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Cannot compare a negative PE Ratio (4.71 & -0.56)
Cannot compare a negative PE Ratio (4.71 & -0.02)
Cannot compare a negative PE Ratio (4.71 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Nokia Oyj’s PB Ratio of 0.92 is lower than its Industry Group of 1.17 (-21.4% lower)
Nokia Oyj’s PB Ratio of 0.92 is lower than its Major Industry Group of 1.76 (-47.7% lower)
Nokia Oyj’s PB Ratio of 0.92 is lower than its Sector of 1.62 (-43.2% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Nokia Oyj’s ROE of 0.2 is greater than its Industry Group of -0.05 (500.0% greater)
Nokia Oyj’s ROE of 0.2 is greater than its Major Industry Group of -0.01 (2100.0% greater)
Nokia Oyj’s ROE of 0.2 is greater than its Sector of -0.03 (766.7% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Nokia Oyj’s ROCE of 0.08 is greater than its Industry Group of -0.02 (500.0% greater)
Cannot compute a percentage difference when there are zeros in the calculation
Nokia Oyj’s ROCE of 0.08 is greater than its Sector of -0.04 (300.0% greater)
Derived from SEC.GOV filing dataopen_in_new