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Nokia (NOK)
NYSE:NOK
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Nokia (NOK) Price & Analysis

13,258 Followers

NOK Stock Chart & Stats

$10.35
-$0.63(-6.47%)
At close: 4:00 PM EDT
$10.35
-$0.63(-6.47%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetLow leverage and a substantial equity cushion provide financial resilience through telecom spending cycles. This supports continued investment in networks, software and capacity while reducing refinancing pressure and preserving flexibility for strategic execution.
Network Growth And Margin ExpansionGrowth across optical and IP networking, combined with wider margins and Infinera integration synergies, strengthens Nokia’s position in core connectivity infrastructure. These trends can support more durable earnings quality as demand for data transport expands.
AI And Cloud Growth OpportunityRapid AI and Cloud expansion gives Nokia exposure to structurally rising data-center and advanced connectivity demand. The order pipeline, AI RAN launch and related partnerships could broaden growth beyond traditional operator deployment cycles over time.
Bears Say
Weakened Cash GenerationThe sharp decline in operating and free cash flow reduces confidence in earnings conversion and internally funded investment. Continued working-capital pressure could constrain flexibility, even though Nokia still generates positive cash and maintains substantial net cash.
Large Restructuring ChargesThe sizable restructuring burden will weigh on reported earnings and cash flow while Nokia integrates operations and pursues European efficiencies. Although savings may improve the cost base later, execution costs create sustained financial and organizational risk.
Supply And Revenue Visibility RiskMemory and indium phosphide constraints can limit Nokia’s ability to fulfill optical and AI-related demand, while lumpy order conversion makes growth less predictable. Capacity expansion timelines further increase the risk that opportunities are delayed.

Nokia News

NOK FAQ

What was Nokia’s price range in the past 12 months?
Nokia lowest stock price was $4.48 and its highest was $17.45 in the past 12 months.
    What is Nokia’s market cap?
    Nokia’s market cap is $56.14B.
      When is Nokia’s upcoming earnings report date?
      Nokia’s upcoming earnings report date is Oct 22, 2026 which is in 46 days.
        How were Nokia’s earnings last quarter?
        Nokia released its earnings results on Jul 23, 2026. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.063 by $0.017.
          Is Nokia overvalued?
          According to Wall Street analysts Nokia’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Nokia pay dividends?
            Nokia pays a Quarterly dividend of $0.046 which represents an annual dividend yield of 1.63%. See more information on Nokia dividends here
              What is Nokia’s EPS estimate?
              Nokia’s EPS estimate is 0.07.
                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 $0.08 in its last earnings report, beating expectations of $0.063. 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

                      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.

                      Nokia (NOK) Earnings & Revenues

                      NOK Company Deck

                      NOK Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presents strong commercial momentum—notably double‑digit growth in Network Infrastructure and >100% year‑on‑year growth in AI & Cloud sales—with margin expansion and multiple strategic product launches (AI RAN) and manufacturing investments. Offsetting risks include a negative free cash flow quarter, sizable restructuring and one‑time charges (~EUR 800m), supply‑chain constraints and order lumpiness (only ~50% of Q2 AI orders expected to convert within 12 months). Management remains confident on operating profit guidance (tracking somewhat above midpoint) and has significant net cash (EUR 2.8bn), but near‑term cash and margin phasing and execution on capacity ramps are key watch items.View all NOK earnings summaries

                      NOK Revenue Breakdown

                      43.99%43.99%36.12%14.46%4.87%0.56%
                      43.99% Mobile Networks
                      36.12% Network Infrastructure
                      14.46% Cloud and Network Services
                      4.87% Nokia Technologies
                      0.56% Other
                      tipranks

                      NOK Stock 12 Month Forecast

                      Average Price Target

                      $17.91
                      ▲(73.02% Upside)
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9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":6.4,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":6.588,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n         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                      Ownership Overview

                      3.80%7.07%88.56%
                      Insiders
                      7.07% Other Institutional Investors
                      88.56% Public Companies and Individual Investors
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