Nokia Oyj (NOK)
Nokia is a global technology giant that builds the essential infrastructure, like 5G networks and fibre optics, that keeps the world connected.
Is Nokia Oyj a good stock for a UK beginner?
The honest version: Nokia is a global technology giant that builds the essential infrastructure, like 5G networks and fibre optics, that keeps the world connected.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Widespread adoption of 6G and advanced industrial automation.
Obsolescence of current hardware or loss of major market share.
What does Nokia Oyj do?
While many remember Nokia for its old mobile phones, the modern business focuses on selling networking equipment to mobile operators and large companies. Its profits come from building the 'plumbing' of the internet, including 5G radio gear and high-speed fibre technology. Nokia's ability to grow its sales hinges largely on how much mobile operators spend upgrading their networks.
On our factor screen it looks strongest on momentum and value, and weakest on growth.
- ✓Pays a dividend - about 1.8% a year
- ✓Growing - revenue up about 8% over the year
- !High P/E of 65 - big growth is already priced in
- ✓Low debt - a sturdier balance sheet
- A dominant player in critical global telecommunications infrastructure.
- Strong gross margins suggest a healthy core business model.
- Lower beta indicates the stock may be less volatile than the wider market.
- Growth screens low (23/100)
- Intense competition from other global networking equipment providers.
- Geopolitical tensions affecting supply chains and international sales.
- Rapid changes in technology that could make current products outdated.
What do Nokia Oyj's numbers mean?
How much money does Nokia Oyj make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Nokia Oyj pay a dividend?
Yes - Nokia Oyj currently pays a dividend of about 1.8% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Nokia Oyj report earnings, and how did recent quarters go?
Nokia Oyj is next scheduled to report on about 2026-10-22 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-23 | $0.07 | $0.08 | Beat +17% |
| 2026-04-23 | $0.05 | $0.06 | Beat +7% |
| 2026-01-29 | $0.17 | $0.19 | Beat +15% |
| 2025-10-23 | $0.06 | $0.07 | Beat +26% |
| 2025-07-24 | $0.06 | $0.05 | Missed -27% |
| 2025-04-24 | $0.05 | $0.03 | Missed -35% |
Across the last 6 quarters here, Nokia Oyj came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Hewlett Packard EnterpriseWhat are the scenarios for Nokia Oyj?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Nokia Oyj?
How many points the write-up makes each way — a balance check, not a score or verdict.
- A dominant player in critical global telecommunications infrastructure.
- Strong gross margins suggest a healthy core business model.
- Lower beta indicates the stock may be less volatile than the wider market.
- Net profit margins are currently quite thin at 4%.
- Return on equity is relatively low, suggesting inefficient use of capital.
- The business is heavily reliant on the spending cycles of large telecom companies.
- Intense competition from other global networking equipment providers.
- Geopolitical tensions affecting supply chains and international sales.
- Rapid changes in technology that could make current products outdated.
The write-up's own warning lights — if these start happening, the case above changes.
- A significant and sustained drop in global 5G infrastructure investment.
- A major loss of market share to key competitors in the networking space.
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.