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NOKIA logo

Nokia Oyj Stock Price

HLSE:NOKIA Community·€52.5b Market Cap
  • 4 Narratives written by author
  • 2 Comments on narratives written by author
  • 183 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

NOKIA Share Price Performance

€9.38
5.48 (140.49%)
​
€10.58
Fair Value
€9.38
5.48 (140.49%)
11.3% undervalued intrinsic discount
€10.58
Fair Value
Price €9.38
AnalystConsensusTarget €10.58
TheTurntTomato €15.16
AnalystHighTarget €17.26
Thu, 3 Sep 26
Fair Value€10.58
Share Pricen/a

NOKIA Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value €10.58 11.3% undervalued intrinsic discount

Analyst Commentary Highlights Shifting Sentiment and Modest Price Target Increase for Nokia Oyj

3users have liked this narrative
1users have commented on this narrative
82users have followed this narrative
TH
TheTurntTomato
TheTurntTomato's
Fair Value
·
Fair Value €15.16 38.1% undervalued intrinsic discount

Nokia Strengthens Growth Outlook with Solid Q2 Results and Expanding AI Strategy

0users have liked this narrative
0users have commented on this narrative
8users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value €17.26 45.6% undervalued intrinsic discount

6G And AI Supercycle Will Transform Optical And Private Networks

1users have liked this narrative
0users have commented on this narrative
18users have followed this narrative
NOKIA logo
Nokia Oyj
38.1% undervalued intrinsic discount

Nokia Strengthens Growth Outlook with Solid Q2 Results and Expanding AI Strategy

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TH
TheTurntTomato
TheTurntTomato
Published 23 Jul
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NOKIA logo
Nokia Oyj
11.3% undervalued intrinsic discount

Analyst Commentary Highlights Shifting Sentiment and Modest Price Target Increase for Nokia Oyj

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AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 3 Sep
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NOKIA logo
Nokia Oyj
45.6% undervalued intrinsic discount

6G And AI Supercycle Will Transform Optical And Private Networks

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AN
AnalystHighTarget
AnalystHighTarget
Updated 5 Aug
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NOKIA logo
Nokia Oyj
101.8% overvalued intrinsic discount

US, Europe And China Tensions Will Compress Network Margins

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AN
AnalystLowTarget
AnalystLowTarget
Updated 9 Jun
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Trending Discussion

IS
isto_Aikon
NOKIA logo

Nokia Oyj – A Strong Transformation and 12-Month PotentialNokia is entering a new phase in which its valuation is no longer driven solely by traditional telecom operator networks. Growth is increasingly focused on AI-driven data center networking, optical connectivity, IP routing, and more automated, software-defined networks.The market consensus target of approximately €14 implies significant upside from current levels. Reaching that target within the next 12 months will, however, require stronger earnings growth and clear evidence that AI and data center investments are translating into Nokia’s order intake and revenue.What could drive Nokia toward €14?The most important catalyst is the enormous networking capacity required by AI infrastructure. AI data centers need high-speed optical connectivity and powerful IP networks — precisely the areas where Nokia is seeking to strengthen its position. The company’s strategic focus is also increasingly shifting toward higher-growth network infrastructure.If Nokia can demonstrate over the next 12 months that its AI and data center businesses are driving revenue and profitability faster than expected, there could also be room for a meaningful expansion in the stock’s valuation multiples.12-month base case: €11–13 Strong case: approximately €14 Very strong AI/data center scenario: €15–16 Bear case: €8–10Nokia is no longer simply a “5G stock.” The key question for the next 12 months is whether the market begins to value Nokia increasingly as an AI and data center infrastructure company.If this transformation succeeds and earnings growth supports the investment case, €14 within the next 12 months is achievable — but the growth story will need to be backed by the numbers.

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IS
isto_Aikon
NOKIA logo

11€

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Recently Updated Narratives

TH
TheTurntTomato
NOKIA logo

Nokia Strengthens Growth Outlook with Solid Q2 Results and Expanding AI Strategy

Fair Value: €15.16 38.1% undervalued intrinsic discount
8 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystConsensusTarget
NOKIA logo

NOKIA: AI And Cloud Order Book Will Drive Future Rerating Potential

Fair Value: €10.58 11.3% undervalued intrinsic discount
82 fair values setusers have set this as their fair value
1 commentusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
NOKIA logo

NOKIA: AI Optical And Cloud Orders Will Drive Future Repricing

Fair Value: €17.26 45.6% undervalued intrinsic discount
18 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Flawless balance sheet with moderate growth potential.

3 Risks
2 Rewards
View Full Analysis

Nokia Oyj Key Details

€20.4b

Revenue

€11.1b

Cost of Revenue

€9.3b

Gross Profit

€8.6b

Other Expenses

€702.0m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
Oct 22, 2026
0.13
45.50%
3.44%
11.3%
View Full Analysis

About NOKIA

Founded
1865
Employees
78005
CEO
Justin Hotard
WebsiteView website
www.nokia.com

Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper technologies, access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP network solutions, which delivers IP edge routing and data center networking solutions for residential, mobile, enterprise, and cloud applications; and optical networks solutions, which provides optical transport networks for metro, regional, and long-haul applications. It also provides mobile technology products and services for radio access networks and microwave radio links for transport networks; and network management solutions, as well as network planning, optimization, network deployment, and technical support services. In addition, the company offers cloud and network services, including open, secure, automated, and scalable software and solutions; and 5G core, secure autonomous networks, private wireless and industrial edge, and network APIs. Further, it licenses intellectual property, including patents, technologies, and the Nokia brand. The company serves its products and services to defense communications energy and resources, enterprise and industrial campus, private networks, public sector, and transportation industries. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.

Recent NOKIA News & Updates

User avatar
Narrative Update • Sep 03

NOKIA: AI And Cloud Order Book Will Drive Future Rerating Potential

Analysts have nudged their fair value estimate for Nokia Oyj higher to about €10.58 from roughly €10.32, reflecting updated assumptions that point to stronger longer term AI and cloud order visibility and a slightly richer future P/E profile. Analyst Commentary Recent Street research on Nokia Oyj highlights a mix of optimism around the company’s AI and cloud exposure and some caution on valuation and execution timing.

Recent updates

No updates

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