Nokia Oyj/€NOKIA
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Nokia Oyj
Nokia Oyj is a Finnish company operating in the telecommunications and consumer electronics industry. It primarily engages in the production and distribution of networking hardware, software, and services, focusing on mobile networks, fixed networks, and cloud services. Established in 1865, Nokia transformed over the years from a pulp mill operation to a technology company. Headquartered in Espoo, Finland, Nokia maintains a global presence, serving clients in multiple regions across the globe. The company is recognized for its contributions to 5G infrastructure and its strategic focus on innovation and technology standards in the telecommunications sector.
- Ticker
- €NOKIA
- Sector
- Communication
- Primary listing
- XHEL
- Employees
- 78,005
- Headquarters
- Espoo, Finland
- Website
- www.nokia.com
Nokia Oyj Metrics
BasicAdvanced
€47B
59.46
€0.14
0.73
€0.14
1.96%
Price and volume
Market cap
€47B
Beta
0.73
52-week high
€14.97
52-week low
€5.04
Average daily volume
20M
Dividend rate
€0.14
Financial strength
Current ratio
1.461
Quick ratio
1.176
Long term debt to equity
0.122
Total debt to equity
0.158
Dividend payout ratio (TTM)
99.62%
Interest coverage (TTM)
11.78%
Profitability
EBITDA (TTM)
2,755
Gross margin (TTM)
45.43%
Net profit margin (TTM)
3.75%
Operating margin (TTM)
9.89%
Effective tax rate (TTM)
25.75%
Revenue per employee (TTM)
€270,000
Management effectiveness
Return on assets (TTM)
3.49%
Return on equity (TTM)
3.88%
Valuation
Price to earnings (TTM)
59.459
Price to revenue (TTM)
2.181
Price to book
2.23
Price to tangible book (TTM)
3.43
Price to free cash flow (TTM)
9,100.559
Free cash flow yield (TTM)
0.01%
Free cash flow per share (TTM)
0.001
Dividend yield (TTM)
1.72%
Forward dividend yield
1.96%
Growth
Revenue change (TTM)
7.31%
Earnings per share change (TTM)
-17.82%
3-year revenue growth (CAGR)
-3.46%
10-year revenue growth (CAGR)
0.12%
3-year earnings per share growth (CAGR)
-41.58%
10-year earnings per share growth (CAGR)
6.24%
3-year dividend per share growth (CAGR)
5.27%
10-year dividend per share growth (CAGR)
-1.33%
What the Analysts think about Nokia Oyj
Analyst ratings (Buy, Hold, Sell) for Nokia Oyj stock.
Analyst projections of the future price of Nokia Oyj stock.
Bulls say / Bears say
AI and cloud demand is becoming a major growth engine: Q3 sales to these customers rose 123% and order intake climbed 118%, supporting strong growth in Nokia’s network infrastructure business. (Nokia)
Profitability improved alongside growth. Q3 comparable operating profit rose 35% year on year and the comparable operating margin widened to 11.7% from 9.5%, helped by operating leverage and cost savings. (Nokia)
Nokia expects its combined optical and IP networks businesses to grow 25–30% in 2027 and says it is on track to complete the Infinera integration a year early, delivering €200 million in net synergies. (Nokia)
Reported results remain weighed down by restructuring and integration costs: Q3 reported operating profit fell 22% year on year, while the company raised expected 2026 restructuring charges to €1.1 billion. (Nokia)
Cash generation is a growing concern: Nokia cut its 2026 free-cash-flow conversion assumption to 35–55% and expects an additional €400 million working-capital investment, alongside €800–900 million of restructuring cash outflows. (Nokia)
Growth is heavily reliant on AI and cloud customers: without their contribution, Q3 revenue would have risen only 2%; telecom-provider sales were flat over the first nine months and fixed-network sales fell 22% in Q3. (Light Reading, Nokia)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
Nokia Oyj Financial Performance
Revenues and expenses
Nokia Oyj Earnings Performance
Company profitability
Upcoming events
Funds containing Nokia Oyj
AllEURUSDGBP
Fund name | Fund size | €NOKIA weighting |
|---|---|---|
iShares STOXX Europe 600 Telecommunications€EXV2 | €252M | 12.84% |
iShares MSCI Europe Information Technology£ESIT | €243M | 5.95% |
Xtrackers MSCI Nordic£XDN0 | €1.1B | 3.09% |
iShares Quantum Computing£QANT | $73M | 2.28% |
iShares Edge MSCI Europe Value Factor€CEMS | €2.6B | 1.76% |
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