Nokia Oyj prepares to unveil 2025 results amid market shift
In the early hours of Monday, January 22, Nokia Oyj announced that it will publish its fourth‑quarter and full‑year 2025 financial report on January 29, 2026. The announcement, released by the company’s Espoo headquarters, came at approximately 8 a.m. Finnish time (EET). Investors and analysts will be keen to see how Nokia’s performance compares to the sector’s broader dynamics, as European equities have shown a modest decline in the wake of a new earnings cycle.
Timing in the context of market sentiment
European indices recorded a slight drop on Friday, January 20, with the EuroStoxx 50 slipping 0.59 percent to 5 921,02 points. The decline was attributed to a renewed focus on the ongoing earnings season rather than a structural shift in market fundamentals. Nokia’s announcement, therefore, comes at a time when the market is preparing for a flurry of quarterly results across the telecommunications and technology space.
Market expectations and analyst guidance
Citi Investment Research has recently revised its target price for Nokia upward to 4.65 EUR from 3.90 EUR, maintaining a “sell” recommendation. The adjustment reflects a cautious stance from Citi, even as the company’s shares closed at 5.56 EUR on the previous trading day. The revised target suggests that while analysts expect some upside, they remain wary of the broader macro‑economic environment and the competitive landscape within the communications‑equipment sector.
Strategic moves and partnerships
In a related development, Proximus has selected Nokia to modernise its charging system and voice core, enabling greater automation, new business models, and future‑ready services. The partnership underscores Nokia’s focus on cloud‑native solutions and highlights its role as a technology enabler for telecom operators looking to upgrade legacy infrastructures.
Outlook for Nokia
Nokia’s market capitalisation sits at approximately 32.7 billion EUR, with a 52‑week high of 6.65 EUR and a low of 3.419 EUR. The company’s price‑to‑earnings ratio currently stands at 38.65, indicating a valuation that is on the higher side relative to peers. Investors will likely scrutinise the upcoming earnings release for evidence of cost discipline, margin expansion, and revenue growth across its key segments.
As the telecom sector continues to navigate a challenging macro‑economic backdrop—marked by inflationary pressures in Europe and a competitive battle for market share—Nokia’s forthcoming results will be a key barometer for the industry’s resilience and potential upside. The market’s reaction to the 2025 figures, combined with the company’s strategic initiatives, will shape investor sentiment in the coming weeks.




