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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$5.86 - $17.45
Previous CloseN/A
Volume119.15M
Average Volume (3M)81.45M
Market Cap
$49.12B
Enterprise Value$56.90B
Total Cash (Recent Filing)$4.75B
Total Debt (Recent Filing)$3.43B
Price to Earnings (P/E)55.6
Beta0.65
Next Earnings
Jan 28, 2027EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend Yield1.9%
Share Statistics
EPS (TTM)0.14
Shares Outstanding5,742,239,700
10 Day Avg. Volume87,302,707
30 Day Avg. Volume81,447,107
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 Cap1.16
Enterprise Value/Revenue2.77
Enterprise Value/Gross Profit6.23
Enterprise Value/Ebitda21.29
Forecast
1Y Price Target
$16.00Price Target Upside54.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.4
Revenue Forecast (FY)$23.33B
Bulls Say, Bears Say
Bulls Say
AI And Cloud GrowthRapid AI and cloud growth is expanding Nokia’s exposure to data-center connectivity and higher-capacity networks. The combination of 123% sales growth, rising order intake, and demand exceeding supply supports durable customer adoption and strengthens the company’s position in strategic growth markets.
Optical And IP Network MomentumStrong IP and Optical performance indicates that Nokia is gaining traction where AI infrastructure requires faster, denser network capacity. Continued design-win conversion and the raised 2027 growth outlook could improve the company’s mix, scale, and operating leverage over the next several quarters.
Balance Sheet StrengthA substantial net cash position and conservative leverage provide financial resilience while Nokia funds restructuring, working-capital needs, and product expansion. This balance-sheet flexibility reduces financial stress and gives management more capacity to invest in growth or absorb industry volatility.
Bears Say
Weak Cash ConversionThe sharp deterioration in operating and free cash flow shows that reported earnings are currently converting poorly into cash. Near-breakeven FCF can constrain reinvestment, shareholder returns, and balance-sheet flexibility, particularly while working capital and restructuring requirements remain elevated.
Restructuring Cash BurdenLarge restructuring charges and cash outflows create a substantial near-term burden even if the actions eventually improve efficiency. The spending can depress free cash flow, complicate earnings quality, and limit Nokia’s ability to realize operating improvements without continued execution and integration risk.
Flat Telecom MarketA flat telecom market and absent near-term mobile investment cycle limit the baseline demand available to Nokia’s largest network businesses. Growth therefore depends more heavily on pockets such as AI, IP, and Optical, increasing the importance of successful mix shifts and customer project timing.
Nokia News
NOK FAQ
What was Nokia’s price range in the past 12 months?
Nokia lowest stock price was $5.86 and its highest was $17.45 in the past 12 months.
What is Nokia’s market cap?
Nokia’s market cap is $49.12B.
When is Nokia’s upcoming earnings report date?
Nokia’s upcoming earnings report date is Jan 28, 2027 which is in 89 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 $0.034 which represents an annual dividend yield of 1.9%. See more information on Nokia dividends here
What is Nokia’s EPS estimate?
Nokia’s EPS estimate is 0.17.
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 -14.811%.
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:
$16.00 (54.59% Upside)
$16.00 (54.59% Upside)
Blogger Sentiment
Bullish
NOK Sentiment 82%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 95.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
28.75%
12-Months-Change
Fundamentals
Return on Equity
3.65%
Trailing 12-Months
Asset Growth
1.06%
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
$16.00
▲(54.59% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
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Insiders
1.73% Mutual Funds
0.55% Other Institutional Investors
97.20% Public Companies and Individual Investors












