Nokia Analyst Consensus by Infront
August 6, 2025
Financial Estimates
| 2025Q3 | 2025Y | |||||
|---|---|---|---|---|---|---|
| Average | Low | High | Average | Low | High | |
| EUR million (except for EPS in EUR) | ||||||
| Net sales | 4 626 | 4 539 | 4 713 | 19 681 | 19 238 | 20 020 |
| Network Infrastructure | 1 939 | 1 897 | 2 018 | 7 990 | 7 590 | 8 155 |
| Mobile Networks | 1 740 | 1 625 | 1 804 | 7 594 | 7 377 | 7 800 |
| Cloud and Network Services | 588 | 551 | 653 | 2 643 | 2 479 | 3 052 |
| Nokia Technologies | 360 | 336 | 400 | 1 462 | 1 398 | 1 525 |
| Group Common and Other/Eliminations | 2.1 | -4 | 10 | 4.9 | -8 | 29 |
| Gross profit - Comparable | 2 003 | 1 938 | 2 045 | 8 698 | 8 160 | 9 074 |
| Margin | 43.3% | 41.4% | 44.1% | 44.2% | 42.4% | 45.3% |
| Operating profit - Comparable | 349 | 298 | 498 | 1 839 | 1 624 | 2 036 |
| Margin | 7.6% | 6.5% | 10.6% | 9.3% | 8.4% | 10.3% |
| EPS - Comparable (diluted) | 0.05 | 0.04 | 0.07 | 0.27 | 0.23 | 0.31 |
Contributors
- ABG Sundal Collier
- Barclays Capital
- Craig-Hallum
- Danske Bank Markets
- DNB Carnegie
- Exane BNP Paribas
- Goldman Sachs
- Handelsbanken Capital Markets
- Inderes
- Kepler Cheuvreux
- Morgan Stanley
- New Street Research
- Nordea Markets
- Oddo BHF
- OP Equities
- Raymond James
- Santander Investment Bolsa
- SEB Equities
Disclaimer
The data contained herein is a collation of financial estimates from third parties provided by Infront, an independent consensus service provider, as at the date stated above. Nokia has not undertaken to, and will not, independently verify such third-party data. Nokia does not represent or warrant the accuracy, completeness, timeliness or validity of any of the data contained herein, nor the figures or calculations arising from, or associated with, this data. It should be noted that estimates are, by definition, forward-looking and are therefore subject to risks and uncertainties and actual results may differ significantly from the estimates. Nothing on this website should be construed as a solicitation, offer or recommendation to buy or sell Nokia shares, securities, or other financial instruments or to take any other action on reliance of the data contained herein. Neither Nokia nor any of its subsidiary nor any director, officer or employee of Nokia or its subsidiary shall liable for any loss or damage (consequential or otherwise, including without limitation, any decline in value and loss realised), arising from, whether directly or indirectly, reliance on, or use of, the data available herein and/or the associated calculations, nor for any errors or omissions in its content.
While Nokia will endeavour to keep the information up-to-date, Nokia does not undertake any obligation to update or revise any information contained herein, and/or the estimates and assumptions associated with such information, after the date above, except as required by applicable laws or regulations.
