Nokia Corporation (NOK) reported fourth-quarter 2025 results with total revenue of $7.19 billion, up 15.4% year-over-year, and gross profit of $3.23 billion, up 12.4%.
Cost of sales increased to $3.96 billion, reflecting higher production or procurement expenses that outpaced gross-profit growth and contributed to the year-over-year decline in operating profit and net income.
Total liabilities stood at $19.4 billion, up 1.3% year-over-year, indicating modest growth in the company’s obligations compared with the prior year.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Nokia Corporation Hedge Fund Activity
We have seen 200 institutional investors add shares of Nokia Corporation stock to their portfolio, and 246 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 14,482,665 shares (+50.0%) to their portfolio in Q3 2025, for an estimated $69,661,618
- THRIVENT FINANCIAL FOR LUTHERANS added 12,619,099 shares (+35010.3%) to their portfolio in Q3 2025, for an estimated $60,697,866
- MORGAN STANLEY removed 12,078,848 shares (-51.7%) from their portfolio in Q3 2025, for an estimated $58,099,258
- PZENA INVESTMENT MANAGEMENT LLC added 11,667,677 shares (+17.0%) to their portfolio in Q3 2025, for an estimated $56,121,526
- FOLKETRYGDFONDET added 6,950,487 shares (+66.6%) to their portfolio in Q3 2025, for an estimated $33,431,842
- ALYESKA INVESTMENT GROUP, L.P. added 6,455,099 shares (+inf%) to their portfolio in Q3 2025, for an estimated $31,049,026
- UBS GROUP AG added 5,529,268 shares (+51.2%) to their portfolio in Q4 2025, for an estimated $35,774,363
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Nokia Corporation Analyst Ratings
Wall Street analysts have issued reports on $NOK in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 12/01/2025
- Jefferies issued a "Buy" rating on 10/28/2025
To track analyst ratings and price targets for Nokia Corporation, check out Quiver Quantitative's $NOK forecast page.
