Nokia Reports Q4 2025 Earnings with Mixed Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Should l Buy NOK?
Source: Fool
Nokia's stock fell 9.24% as it hit a 20-day low amid mixed market conditions.
The company reported Q4 2025 net sales of €6.1 billion, a 3% increase year-over-year, exceeding expectations, but its 2026 profit guidance of €2 billion to €2.5 billion was below analyst consensus of €2.37 billion. Additionally, the non-GAAP EPS of €0.16 missed expectations by €0.01, indicating some challenges ahead despite strong revenue growth in network infrastructure.
This mixed performance reflects Nokia's ongoing transition towards AI and cloud services, which are expected to drive future growth, but the conservative outlook may raise concerns among investors about the company's ability to maintain momentum.
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Analyst Views on NOK
Wall Street analysts forecast NOK stock price to fall
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 7.720
Low
6.50
Averages
7.36
High
8.50
Current: 7.720
Low
6.50
Averages
7.36
High
8.50
About NOK
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience. The Company has Comptel Oyj among its subsidiaries.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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