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Nokia Oyj (NOK) Stock Forecast & Price Target

Nokia Oyj logo
$5.38 +0.11 (+1.99%)
As of 10:00 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Nokia Oyj - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
0
Buy
4

Based on 5 Wall Street analysts who have issued ratings for Nokia Oyj in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a sell rating, and 4 have given a buy rating for NOK.

Consensus Price Target

$5.85
8.84% Upside
According to the 5 analysts' twelve-month price targets for Nokia Oyj, the average price target is $5.85. The highest price target for NOK is $7.00, while the lowest price target for NOK is $3.60. The average price target represents a forecasted upside of 8.84% from the current price of $5.38.
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NOK Analyst Ratings Over Time

TypeCurrent Forecast
4/1/24 to 4/1/25
1 Month Ago
3/2/24 to 3/2/25
3 Months Ago
1/2/24 to 1/1/25
1 Year Ago
4/2/23 to 4/1/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$5.85$5.85$6.43$5.06
Forecasted Upside8.84% Upside21.75% Upside45.03% Upside44.44% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
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NOK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NOK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Nokia Oyj Stock vs. The Competition

TypeNokia OyjComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.60
2.68
2.54
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside10.90% Upside606.10% Upside19.04% Upside
News Sentiment Rating
Positive News

See Recent NOK News
Positive News
Positive News
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DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/21/2025JPMorgan Chase & Co.
3 of 5 stars
Sandeep Deshpande
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Lower TargetOverweight ➝ Overweight$6.35 ➝ $6.30+25.87%
1/16/2025The Goldman Sachs Group
3 of 5 stars
A. Duval
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DowngradeNeutral ➝ Sell$3.60-21.91%
1/6/2025Craig Hallum
2 of 5 stars
C. Schwab
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Boost TargetBuy ➝ Buy$6.00 ➝ $7.00+53.85%
10/18/2024Danske
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 UpgradeHold ➝ Buy
10/18/2024Northland Securities
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 Reiterated RatingOutperform ➝ Outperform$6.50 ➝ $6.50+38.30%
1/19/2024Barclays
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 DowngradeEqual Weight ➝ Underweight
1/12/2024BNP Paribas
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 Initiated CoverageNeutral
12/15/2023Citigroup
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 Reiterated RatingBuy ➝ Sell
12/13/2023Raymond James
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 Lower TargetOutperform ➝ Outperform$4.50 ➝ $4.00+23.84%
12/8/2023Jefferies Financial Group
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 DowngradeBuy ➝ Hold
10/3/2023DNB Markets
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 UpgradeHold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:00 AM ET.


Should I Buy Nokia Oyj Stock? NOK Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, March 29, 2025. Please send any questions or comments about these Nokia Oyj pros and cons to contact@marketbeat.com.

Nokia Oyj
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Nokia Oyj:

  • Nokia Oyj recently reported earnings per share of $0.19, exceeding the consensus estimate of $0.14, indicating strong financial performance and potential for growth.
  • Analysts have set a new target price for Nokia Oyj, with Craig Hallum raising it to $7.00, reflecting positive sentiment and potential upside for investors.
  • Institutional investors have shown increased interest, with FMR LLC raising its stake by 62.3%, suggesting confidence in the company's future prospects.
  • The stock currently has an average target price of $5.85, which is above its recent trading levels, indicating potential for price appreciation.
  • Nokia Oyj operates in multiple segments, including Network Infrastructure and Mobile Networks, which positions it well to capitalize on the growing demand for advanced telecommunications solutions.

Nokia Oyj
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Nokia Oyj for these reasons:

  • Goldman Sachs has downgraded Nokia Oyj from a "neutral" rating to a "sell" rating, setting a price objective of $3.60, which may indicate concerns about the company's future performance.
  • Despite some positive analyst ratings, one analyst has issued a sell rating, suggesting that there are differing opinions on the stock's potential.
  • The average rating for Nokia Oyj is "Moderate Buy," which may not be strong enough to attract more conservative investors looking for higher confidence levels.
  • Only 5.28% of the stock is owned by institutional investors and hedge funds, which may indicate a lack of strong institutional support compared to other companies in the sector.
  • Recent price fluctuations and mixed analyst opinions could lead to increased volatility, making it a riskier investment for those averse to market swings.

NOK Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Nokia Oyj is $5.85, with a high forecast of $7.00 and a low forecast of $3.60.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nokia Oyj in the last twelve months. There is currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NOK shares.

According to analysts, Nokia Oyj's stock has a predicted upside of 8.84% based on their 12-month stock forecasts.

Over the previous 90 days, Nokia Oyj's stock had 1 downgrade by analysts.

Nokia Oyj has been rated by research analysts at Craig Hallum, JPMorgan Chase & Co., and The Goldman Sachs Group in the past 90 days.

Analysts like Nokia Oyj less than other "computer and technology" companies. The consensus rating score for Nokia Oyj is 2.60 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how NOK compares to other companies.


This page (NYSE:NOK) was last updated on 4/1/2025 by MarketBeat.com Staff
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