NOK Stock Recent News

Nokia CorporationManagers' transactions28 April 2025 at 21:00 EEST Nokia Corporation - Managers' transactions (Hammarén)

Nokia CorporationManagers' transactions28 April 2025 at 21:00 EEST Nokia Corporation - Managers' transactions (Uitto)

Shares of Nokia (NYSE: NOK) are tumbling on Thursday. The company's stock lost 8.8% as of 3:20 p.m.

Nokia's Q1 results missed expectations, causing a 9%-10% drop in shares, but the year-long uptrend remains intact, and NOK stock offers a solid dividend yield. CEO Justin Hotard focused on capital allocation for efficiency and growth, emphasizing opportunities in hyperscale and AI data centers despite longer revenue cycles. Nokia's partnership with T-Mobile and the Infinera acquisition present growth opportunities in U.S. markets, particularly in network infrastructure and optical connectivity.

Despite growth in Network Infrastructure, Mobile Networks, Cloud and Network Services segments, declining sales in Nokia Technologies has affected NOK's Q1 top line.

Nokia Oyj (NYSE:NOK ) Q1 2025 Earnings Conference Call April 24, 2025 4:30 AM ET Company Participants David Mulholland - Head of Investor Relations Justin Hotard - President and Chief Executive Officer Marco Wiren - Chief Financial Officer Conference Call Participants Alexander Duval - Goldman Sachs Daniel Djurberg - Handelsbanken Richard Kramer - Arete Research Ulrich Rathe - Bernstein Simon Leopold - Raymond James Artem Beletski - SEB Enskilda Sami Sarkamies - Danske Bank Francois-Xavier Bouvignies - UBS Felix Henriksson - Nordea Robert Sanders - Deutsche Bank Jakob Bluestone - BNP Paribas David Mulholland Good morning, ladies and gentlemen. Welcome to Nokia's First Quarter 2025 Results Call.

U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Thursday.

Finnish telecom firm Nokia reported a disappointing first quarter, and sees tariffs hurting second-quarter operating earnings by up to 30 million euros.

Finnish telecommunications equipment maker Nokia faced a challenging start to the year, reporting first-quarter profits on Thursday that fell significantly short of market expectations. Compounding the weaker-than-anticipated results, the company explicitly warned of near-term disruptions stemming from US tariff policies, projecting a tangible impact on its upcoming second-quarter earnings.

Nokia said it expects to take an earnings hit in the second quarter from trade tariffs and that hitting the high end of its guidance range for the year now looks more challenging.