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NOK Stock Chart & Stats
$10.35
-$0.63(-6.47%)
At close: 4:00 PM EDT
$10.35
-$0.63(-6.47%)
Day’s Range― - ―
52-Week Range$5.45 - $17.45
Previous CloseN/A
Volume119.15M
Average Volume (3M)81.19M
Market Cap
$51.74B
Enterprise Value$75.48B
Total Cash (Recent Filing)$5.13B
Total Debt (Recent Filing)$3.36B
Price to Earnings (P/E)64.9
Beta0.64
Next Earnings
Jan 28, 2027EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend Yield1.77%
Share Statistics
EPS (TTM)0.12
Shares Outstanding5,742,239,700
10 Day Avg. Volume71,601,047
30 Day Avg. Volume81,190,917
Financial Highlights & Ratios
PEG Ratio-0.96
Price to Book (P/B)1.42
Price to Sales (P/S)1.50
P/FCF Ratio20.36
Enterprise Value/Market Cap1.46
Enterprise Value/Revenue3.72
Enterprise Value/Gross Profit8.39
Enterprise Value/Ebitda35.19
Forecast
1Y Price Target
$17.20Price Target Upside66.18% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.39
Revenue Forecast (FY)$23.55B
Bulls Say, Bears Say
Bulls Say
Revenue And Margin ExpansionRecent growth is accompanied by meaningful operating leverage, with higher sales translating into a materially stronger margin. If Nokia sustains this combination across network infrastructure and related businesses, it can improve earnings quality and reinforce the company’s ability to fund strategic investment.
Conservative Balance SheetLow leverage and a substantial equity cushion provide Nokia with financial resilience through telecom investment cycles. The balance sheet should support continued product development, restructuring, and selective growth initiatives while reducing dependence on external financing during periods of uneven profitability.
AI, Optical And IP GrowthStrong AI and cloud-related demand is creating a structural growth avenue beyond mature telecom spending. Nokia’s design wins and accelerating Optical and IP Networks sales can deepen its position in high-capacity connectivity, expanding the contribution of these businesses over multiple quarters.
Bears Say
Weak Cash ConversionNegative quarterly free cash flow and a lower conversion outlook indicate that reported operating progress is not yet translating consistently into cash. Elevated receivables, inventory and working-capital investment can constrain financial flexibility and make funding Nokia’s transformation more expensive.
Restructuring BurdenThe scale of restructuring signals substantial execution and transition costs before simplification benefits are fully realized. Large charges and cash outflows can suppress near-term earnings and liquidity, while accelerated changes across Europe and China increase the risk that operating improvements arrive later than planned.
Mature Telecom DemandA flat broader telecom market and the absence of an imminent mobile investment cycle limit the growth available from Nokia’s core customer base. This places greater reliance on faster-growing Optical, IP and AI opportunities, while making sustained group expansion more dependent on successful portfolio execution.
Nokia News
NOK FAQ
What was Nokia’s price range in the past 12 months?
Nokia lowest stock price was $5.45 and its highest was $17.45 in the past 12 months.
What is Nokia’s market cap?
Nokia’s market cap is $51.74B.
When is Nokia’s upcoming earnings report date?
Nokia’s upcoming earnings report date is Jan 28, 2027 which is in 97 days.
How were Nokia’s earnings last quarter?
Nokia released its earnings results on Oct 22, 2026. The company reported $0.101 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.031.
Is Nokia overvalued?
According to Wall Street analysts Nokia’s price is currently Undervalued.
Does Nokia pay dividends?
Nokia pays a Quarterly dividend of $0.046 which represents an annual dividend yield of 1.77%. See more information on Nokia dividends here
What is Nokia’s EPS estimate?
Nokia’s EPS estimate is 0.18.
How many shares outstanding does Nokia have?
Nokia has 5,742,239,700 shares outstanding.
What happened to Nokia’s price movement after its last earnings report?
Nokia reported an EPS of $0.101 in its last earnings report, beating expectations of $0.07. Following the earnings report the stock price went down -5.351%.
Which hedge fund is a major shareholder of Nokia?
Currently, no hedge funds are holding shares in NOK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Nokia Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$17.20 (66.18% Upside)
$17.20 (66.18% Upside)
Blogger Sentiment
Bullish
NOK Sentiment 83%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 95.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
68.24%
12-Months-Change
Fundamentals
Return on Equity
4.55%
Trailing 12-Months
Asset Growth
0.77%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Nokia
Nokia Oyj stands as a global technology leader, delivering comprehensive network infrastructure and solutions across mobile, fixed, and cloud domains. Its operations are structured into four primary divisions: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The Mobile Networks segment furnishes radio access network technologies, spanning from 2G to 5G, alongside crucial microwave radio links for transport. Within Network Infrastructure, Nokia provides fixed access solutions such as fiber and copper, coupled with cloud and virtualization services. This segment also encompasses a robust Wi-Fi portfolio, featuring mesh solutions and cloud-based controllers, as well as sophisticated IP routing solutions for aggregation, edge, and core applications tailored for residential, business, mobile, and industrial sectors. Its extensive optical network offerings include coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems designed for metro access, data center interconnect, regional, and long/ultra-long-haul applications. Additionally, Nokia provides capabilities for submarine networks. The Cloud and Network Services division delivers business application software, advanced cloud and cognitive services, core network software, and specialized enterprise solutions. Through Nokia Technologies, the company engages in licensing its valuable intellectual property, encompassing patents, various technologies, and the iconic Nokia brand, in addition to offering hardware, software, and related services. Serving a diverse clientele, Nokia's customers include communications service providers, major internet companies (webscales and hyperscalers), digital industries, and governmental entities. Nokia Oyj was founded in 1865 and maintains its headquarters in Espoo, Finland.
NOK Company Deck
NOK Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive overall, led by 9% group sales growth, 220 basis points of operating-margin expansion, rapid AI and cloud growth, strong Optical and IP Networks momentum, multiple design wins and an outlook above the midpoint of full-year operating profit guidance. The main challenges were negative free cash flow, increased working-capital needs, restructuring charges, supply constraints, component cost inflation, lower Network Infrastructure gross margin and weakness in Fixed Networks and Core Software. Management nevertheless described the Q3 performance as strong and remained confident in the growth opportunity and improving operating leverage.View all NOK earnings summariesNOK Revenue Breakdown
43.99% Mobile Networks
36.12% Network Infrastructure
14.46% Cloud and Network Services
4.87% Nokia Technologies
0.56% Other

NOK Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$17.20
▲(66.18% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
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Insiders
3.80% Mutual Funds
0.31% Other Institutional Investors
95.38% Public Companies and Individual Investors











