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NOK Stock Chart & Stats
$10.31
>-$0.01(-0.11%)
At close: 4:00 PM EST
$10.31
>-$0.01(-0.11%)
Day’s Range― - ―
52-Week Range$4.00 - $17.45
Previous CloseN/A
Volume3.38M
Average Volume (3M)98.46M
Market Cap
$56.50B
Enterprise Value$43.23K
Total Cash (Recent Filing)$6.12B
Total Debt (Recent Filing)$3.33B
Price to Earnings (P/E)62.9
Beta0.64
Next Earnings
Jul 23, 2026EPS Estimate
0.06Next Dividend Ex-DateN/A
Dividend Yield1.62%
Share Statistics
EPS (TTM)0.14
Shares Outstanding5,742,239,700
10 Day Avg. Volume89,254,048
30 Day Avg. Volume98,457,067
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$16.10Price Target Upside56.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.39
Revenue Forecast (FY)$24.14B
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet & Net CashA net cash position (~€3.8B) and low leverage (debt/equity ~0.25) provide durable financial flexibility. This supports funding the San Jose fab, elevated R&D/CapEx for optical products, potential bolt-on M&A, and cushions cyclic telecom spending, preserving strategic optionality over months.
Upgraded Network & Optical GuidanceManagement's material guidance upgrades for Network Infrastructure and Optical/IP reflect structurally stronger demand, especially from hyperscalers and AI/cloud workloads. Higher growth targets signal sustainable revenue tailwinds and better product-market fit for Nokia's optical portfolio over the medium term.
Positive Free Cash Flow GenerationConsistent positive operating and free cash flow provides self-funding capacity for capex, R&D and dividend/distribution policy. Even with weaker FCF growth, current cash generation (~71% of net income) supports reinvestment into optical scale-up and reduces reliance on external financing.
Bears Say
Thin Profitability & Low ROEMargins and returns remain modest despite revenue recovery, indicating limited pricing power or adverse mix. Low ROE (~4%) implies the balance sheet is underutilized; sustained thin profitability constrains free cash flow upside and investor returns if structural cost or mix issues persist.
Supply Constraints & Long Lead TimesExtended component lead times and semiconductor shortages delay revenue recognition and complicate fulfillment of large hyperscaler orders. Prolonged order-to-revenue cycles raise working-capital needs and execution risk, potentially slowing realization of upgraded guidance over the medium term.
Elevated CapEx/OpEx And Conversion Timing RiskManagement is increasing investments (fab ramp, R&D, sales) to capture AI-driven demand, which is strategic but raises near-term OpEx/CapEx pressure. If design wins or manufacturing ramps take longer to convert, margin and cash benefits may be delayed, stressing short-to-medium-term profitability.
Nokia News
NOK FAQ
What was Nokia’s price range in the past 12 months?
Nokia lowest stock price was $4.00 and its highest was $17.45 in the past 12 months.
What is Nokia’s market cap?
Nokia’s market cap is $56.50B.
When is Nokia’s upcoming earnings report date?
Nokia’s upcoming earnings report date is Jul 23, 2026 which is in 2 days.
How were Nokia’s earnings last quarter?
Nokia released its earnings results on Apr 23, 2026. The company reported $0.059 earnings per share for the quarter, beating the consensus estimate of $0.044 by $0.015.
Is Nokia overvalued?
According to Wall Street analysts Nokia’s price is currently Undervalued.
Does Nokia pay dividends?
Nokia pays a Quarterly dividend of $0.047 which represents an annual dividend yield of 1.62%. See more information on Nokia dividends here
What is Nokia’s EPS estimate?
Nokia’s EPS estimate is 0.06.
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 $0.059 in its last earnings report, beating expectations of $0.044. Following the earnings report the stock price went up 4.762%.
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:
$16.10 (56.11% Upside)
$16.10 (56.11% Upside)
Blogger Sentiment
Bullish
NOK Sentiment 70%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 24.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 15.3%
Last 30 Days ▲ 15.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
115.82%
12-Months-Change
Fundamentals
Return on Equity
1.62%
Trailing 12-Months
Asset Growth
1.30%
Trailing 12-Months
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 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
Average Price Target
$16.10
▲(56.11% Upside)
Technical Analysis
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Ownership Overview
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Insiders
3.80% Mutual Funds
0.09% Other Institutional Investors
95.46% Public Companies and Individual Investors