News articles about Nokia Oyj (NYSE:NOK) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nokia Oyj earned a news impact score of 0.19 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.0761317665863 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Nokia introduces services, technology to help operators address needs of digital cities (finance.yahoo.com)
- Nokia and StarHub co-develop analytics services for digital cities (finance.yahoo.com)
- Inside Nokia’s Cloud Hub Strategy (finance.yahoo.com)
- Why Apple Recently Raised Device Prices In India (finance.yahoo.com)
- Nokia and Tele2 sign strategic partnership to provide global IoT services (finance.yahoo.com)
NOK has been the subject of several recent analyst reports. Zacks Investment Research upgraded Nokia Oyj from a “sell” rating to a “hold” rating in a research note on Tuesday, February 6th. Vetr downgraded Nokia Oyj from a “strong-buy” rating to a “buy” rating and set a $5.54 price target for the company. in a research note on Monday, January 29th. Canaccord Genuity decreased their price target on Nokia Oyj from $7.00 to $5.50 and set a “hold” rating for the company in a research note on Friday, October 27th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Nokia Oyj in a research note on Friday, October 27th. Finally, Argus downgraded Nokia Oyj from a “buy” rating to a “hold” rating and upped their price target for the stock from $4.76 to $4.91 in a research note on Monday, October 30th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $5.74.
Nokia Oyj (NYSE:NOK) last announced its earnings results on Thursday, February 1st. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.04. Nokia Oyj had a positive return on equity of 10.80% and a negative net margin of 6.37%. The firm had revenue of $6.67 billion during the quarter, compared to the consensus estimate of $6.41 billion. During the same quarter in the prior year, the company earned $0.12 EPS. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. research analysts predict that Nokia Oyj will post 0.31 EPS for the current fiscal year.
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Nokia Oyj Company Profile
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.
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