Nokia Oyj (NOKIA) Stock Overview
Provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
NOKIA Community Fair Values
Create NarrativeSee what 120 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Nokia Oyj Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €10.61 |
| 52 Week High | €10.61 |
| 52 Week Low | €3.42 |
| Beta | 0.51 |
| 1 Month Change | 56.05% |
| 3 Month Change | 95.52% |
| 1 Year Change | 141.63% |
| 3 Year Change | 187.01% |
| 5 Year Change | 160.98% |
| Change since IPO | 1,415.56% |
Recent News & Updates
NOKIA: Telecom Capex And Execution Risks Will Limit AI Networking Rerating
The analyst fair value estimate for Nokia Oyj has moved from €3.78 to €4.65, reflecting recent price target increases and a combination of upgrades and downgrades from several banks that cite updated views on margins, revenue expectations and Nokia's future P/E outlook. Analyst Commentary Recent research on Nokia Oyj shows a wide range of opinions, with some firms lifting price targets and others taking a more cautious line.
NOKIA: AI RAN And Cloud Alliances Will Drive Future Earnings Rebound
Analysts have lifted the fair value estimate for Nokia Oyj from €8.80 to about €9.84, reflecting updated expectations for slightly lower revenue growth, a modestly higher profit margin, and a higher future P/E multiple, informed by a mix of recent upgrades, downgrades, and price target increases from major banks and brokers. Analyst Commentary Recent Street research on Nokia shows a split tape, with both upgrades and downgrades, but the higher fair value estimate reflects that the more optimistic voices are assigning greater weight to improved execution and potential re rating in the sector.NOKIA: AI And Cloud Alliances Will Support Future Earnings Rebound Narrative
Analysts have lifted the fair value estimate for Nokia Oyj from €7.20 to €8.80, reflecting updated assumptions for slightly higher revenue growth, profit margins and future P/E, alongside a series of recent target hikes and mixed rating changes across the Street. Analyst Commentary Recent Street research on Nokia Oyj has been mixed, with several downgrades on ratings but also a clear cluster of higher fair value and price targets from bullish analysts.Recent updates
NOKIA: Telecom Capex And Execution Risks Will Limit AI Networking Rerating
The analyst fair value estimate for Nokia Oyj has moved from €3.78 to €4.65, reflecting recent price target increases and a combination of upgrades and downgrades from several banks that cite updated views on margins, revenue expectations and Nokia's future P/E outlook. Analyst Commentary Recent research on Nokia Oyj shows a wide range of opinions, with some firms lifting price targets and others taking a more cautious line.NOKIA: AI RAN And Cloud Alliances Will Drive Future Earnings Rebound
Analysts have lifted the fair value estimate for Nokia Oyj from €8.80 to about €9.84, reflecting updated expectations for slightly lower revenue growth, a modestly higher profit margin, and a higher future P/E multiple, informed by a mix of recent upgrades, downgrades, and price target increases from major banks and brokers. Analyst Commentary Recent Street research on Nokia shows a split tape, with both upgrades and downgrades, but the higher fair value estimate reflects that the more optimistic voices are assigning greater weight to improved execution and potential re rating in the sector.NOKIA: AI And Cloud Alliances Will Support Future Earnings Rebound Narrative
Analysts have lifted the fair value estimate for Nokia Oyj from €7.20 to €8.80, reflecting updated assumptions for slightly higher revenue growth, profit margins and future P/E, alongside a series of recent target hikes and mixed rating changes across the Street. Analyst Commentary Recent Street research on Nokia Oyj has been mixed, with several downgrades on ratings but also a clear cluster of higher fair value and price targets from bullish analysts.
NOKIA: AI Network Partnerships Will Face Rating Pressure And Limited Upside
Narrative update on Nokia Oyj Analysts have lifted the updated fair value estimate for Nokia to €6.21 from €5.43, supported by a higher assumed future P/E of about 24x and a series of recent price target hikes to around €6.50 to €8.50, even as some firms have shifted ratings toward more neutral stances. Analyst Commentary Recent research on Nokia presents a mixed picture, with several firms lifting price targets while others shift to more neutral stances.NOKIA: AI And Cloud Partnerships Will Support Steady Long Term Earnings
The analyst price target for Nokia has shifted modestly to €6.50. This reflects a mix of recent upgrades, a downgrade to Hold and slightly adjusted assumptions for revenue growth, profit margin and future P/E that leave fair value broadly unchanged.NOKIA: AI And Cloud Demand Will Support Long Term Earnings Power
Analysts have lifted their average price target for Nokia Oyj, with recent increases such as Citi's €0.75 raise, JPMorgan's €0.20 bump and several upgrades to Buy reflecting greater confidence in the shares despite adjustments to growth, margin and P/E assumptions. Analyst Commentary Recent research on Nokia Oyj points to a clear shift in tone as several bullish analysts adjust their views, even when individual price targets or assumptions differ.NOKIA: Telecom Capex And Execution Risks Will Constrain AI Networking Upside
Analysts have lifted their price expectations for Nokia Oyj, with our fair value estimate moving from €3.59 to €3.78 as a series of target increases and upgrades, alongside updated assumptions on discount rate, revenue growth, profit margins and future P/E, feed into a slightly higher valuation. Analyst Commentary Recent research on Nokia Oyj includes a cluster of upgrades and higher targets, balanced by at least one more cautious reset.NOKIA: Telecom Capex Constraints Will Limit AI Networking Upside
Analysts have lifted their price target on Nokia Oyj to about €3.59 from roughly €3.03, pointing to updated assumptions for slightly lower discount rates, higher revenue growth, a reduced profit margin, and a higher future P/E multiple, supported by a series of recent upgrades and target hikes following Q3 results and AI related commentary. Analyst Commentary Recent research on Nokia Oyj shows a mix of optimism around AI and network opportunities alongside more cautious views on execution, capital intensity, and the balance of risks.NOKIA: AI Demand And U.S. Investment Will Shape Balanced Risk Ahead
Analysts have made a modest adjustment to their price target framework for Nokia Oyj, refining assumptions around revenue growth, profit margins and future P/E multiples, while citing a mix of higher targets from several banks and more cautious views that focus on telecom capex risks and segment level valuation. Analyst Commentary Recent research on Nokia Oyj shows a split view, with some analysts highlighting improving growth optionality and others focusing on execution risks and valuation constraints tied to capital spending trends in telecom networks.NOKIA: AI And Cloud Demand Will Drive Margin Expansion And Upside Potential
Nokia Oyj's analyst fair value estimate has been raised from EUR 5.75 to EUR 7.20, as analysts highlight improving margins, slightly stronger growth expectations, and an increasingly compelling AI driven equity story, despite mixed views on long term network infrastructure targets. Analyst Commentary Recent Street research on Nokia Oyj reflects a notable shift toward a more constructive stance, with several bullish analysts highlighting improving execution, a clearer growth algorithm, and a more compelling equity story tied to artificial intelligence and cloud driven demand.NOKIA: AI Demand And U.S. Expansion Will Shape Balanced Risk Ahead
Analysts have nudged their fair value estimate for Nokia Oyj modestly higher, lifting the implied price target by approximately EUR 0.04 per share. They are balancing improving AI driven growth prospects and supportive recent upgrades against tempered expectations for long term margins and network infrastructure multiples.NOKIA: Recent Ratings Changes And U.S. Investment Will Drive Balanced Risk Ahead
Nokia’s analyst fair value price target was increased from €5.29 to €5.39, as analysts cited improving revenue growth and profit margin outlook. This adjustment is supported by recent upgrades reflecting AI potential.NOKIA: Recent Downgrades Will Pressure Shares Amid China Network Setbacks
Nokia Oyj's analyst price target has increased significantly from €4.53 to €5.29. Analysts cite stronger-than-expected quarterly results and ongoing momentum in key business segments, despite market caution regarding telecom capital expenditures and technology partnerships.Nokia Oyj (HEL:NOKIA) Looks Just Right With A 38% Price Jump
Oct 28
Analyst Commentary Highlights Shifting Sentiment and Modest Price Target Increase for Nokia Oyj
Nokia Oyj’s analyst price target has increased modestly from €4.49 to €4.53, as analysts cite slightly improved revenue growth forecasts and a more constructive industry outlook. Analyst Commentary Recent updates from equity analysts present a mixed outlook for Nokia Oyj, reflecting shifting industry trends and company-specific considerations.Nokia Oyj (HEL:NOKIA) Is Due To Pay A Dividend Of €0.03
Oct 16Expanding Fiber Networks And Hyperscaler Demand Will Drive Future Opportunity
Nokia's analyst price target has risen modestly from €4.45 to €4.49. Analysts cite improved sentiment following the company's strategic focus on networking infrastructure and perceived overdone pessimism in the shares.Nokia Oyj (HEL:NOKIA) Has Announced A Dividend Of €0.03
Oct 02Nokia Oyj (HEL:NOKIA) Will Pay A Dividend Of €0.03
Sep 18Nokia Oyj (HEL:NOKIA) Is Paying Out A Dividend Of €0.03
Aug 29Nokia Oyj's (HEL:NOKIA) Dividend Will Be €0.03
Aug 09We Think Nokia Oyj's (HEL:NOKIA) Solid Earnings Are Understated
Jul 31Nokia Oyj (HEL:NOKIA) Has Announced A Dividend Of €0.0333
Jul 18Why Investors Shouldn't Be Surprised By Nokia Oyj's (HEL:NOKIA) P/E
Jul 18Nokia Oyj (HEL:NOKIA) Will Pay A Dividend Of €0.0333
Jul 02Nokia Oyj (HEL:NOKIA) Has Announced A Dividend Of €0.0333
Jun 18Return Trends At Nokia Oyj (HEL:NOKIA) Aren't Appealing
Jun 12Nokia Oyj (HEL:NOKIA) Will Pay A Dividend Of €0.0333
May 28Nokia Oyj (HEL:NOKIA) Will Pay A Dividend Of €0.0333
May 14Shareholder Returns
| NOKIA | FI Communications | FI Market | |
|---|---|---|---|
| 7D | 17.2% | 10.7% | 0.9% |
| 1Y | 141.6% | 80.8% | 34.6% |
Return vs Industry: NOKIA exceeded the Finnish Communications industry which returned 80.8% over the past year.
Return vs Market: NOKIA exceeded the Finnish Market which returned 34.6% over the past year.
Price Volatility
| NOKIA volatility | |
|---|---|
| NOKIA Average Weekly Movement | 6.6% |
| Communications Industry Average Movement | 6.7% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in FI Market | 8.1% |
| 10% least volatile stocks in FI Market | 3.3% |
Stable Share Price: NOKIA's share price has been volatile over the past 3 months compared to the Finnish market.
Volatility Over Time: NOKIA's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Finnish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1865 | 78,005 | Justin Hotard | 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.
Nokia Oyj Fundamentals Summary
| NOKIA fundamental statistics | |
|---|---|
| Market cap | €59.48b |
| Earnings (TTM) | €774.00m |
| Revenue (TTM) | €20.00b |
76.9x
P/E Ratio3.0x
P/S RatioIs NOKIA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NOKIA income statement (TTM) | |
|---|---|
| Revenue | €20.00b |
| Cost of Revenue | €10.93b |
| Gross Profit | €9.07b |
| Other Expenses | €8.30b |
| Earnings | €774.00m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 23, 2026
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 45.36% |
| Net Profit Margin | 3.87% |
| Debt/Equity Ratio | 11.2% |
How did NOKIA perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield99%
Payout RatioDoes NOKIA pay a reliable dividends?
See NOKIA dividend history and benchmarks| Nokia Oyj dividend dates | |
|---|---|
| Ex Dividend Date | Apr 27 2026 |
| Dividend Pay Date | May 07 2026 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 6 days |
Does NOKIA pay a reliable dividends?
See NOKIA dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 10:26 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nokia Oyj is covered by 60 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Richard Kramer | Arete Research Services LLP |
| James Kelleher | Argus Research Company |