Nokia Oyj

Factors to consider:

• Company pays dividends (semi-annually): last record date 2026-04-28, amount 0.05$ (Y0.59%)
• Total employees count: 18600 as of 2001
• Current price 91.2% above estimated high
• Earnings for 3 months up through Q1 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2025-12-31 to 2027-12-31

• 2025-12-31 to 2026-12-31 estimated range: [5.39$, 8.84$]
• 2026-12-31 to 2027-12-31 estimated range: [5.39$, 8.92$]

Financial Metrics affecting the NOKBF estimates:

• Positive: with PPE of 24.7 at the end of fiscal year the price was low
• Positive: 7.54 < Operating profit margin, % of 8.28
• Positive: 6.59 < Operating cash flow per share per price, % of 6.97
• Positive: 42.59 < Shareholder equity ratio, % of 55.77 <= 64.29
• Positive: Interest expense per share per price, % of 0 <= 0.01
• Positive: -3.75 < Return on assets ratio (scaled to [-100,100]) of 1.67
• Positive: -0.03 < Industry operating cash flow per share per price (median), % of 2.68
• Positive: Industry inventory ratio change (median), % of -1.95 <= -0.16
• Negative: Industry earnings per price (median), % of 0 <= 0
• Positive: -14.17 < Investing cash flow per share per price, % of -4.70