Nokia Oyj (NOK) Stock Forecast & Price Target

$5.32 -0.01 (-0.09%)

Closing price 03/21/2025 03:59 PM Eastern

Extended Trading

$5.32 -0.01 (-0.19%)

As of 03/21/2025 07:58 PM Eastern

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

Moderate Buy

Based on 5 Analyst Ratings

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
9.86% 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 9.86% from the current price of $5.33.

Get the Latest News and Ratings for NOK and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Nokia Oyj and its competitors.

NOK Analyst Ratings Over Time

Type	Current Forecast 3/24/24 to 3/24/25	1 Month Ago 2/23/24 to 2/22/25	3 Months Ago 12/25/23 to 12/24/24	1 Year Ago 3/25/23 to 3/24/24
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 Upside	9.86% Upside	18.54% Upside	43.10% Upside	41.41% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

Remove Ads

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.

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.

Nokia Oyj Stock vs. The Competition

Type	Nokia Oyj	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.60	2.69	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	9.86% Upside	633.71% Upside	18.90% Upside
News Sentiment Rating	Positive News See Recent NOK News	Positive News	Positive News

Remove Ads

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/21/2025	JPMorgan Chase & Co. 2 of 5 stars	Sandeep Deshpande Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$6.35 ➝ $6.30	+25.87%
1/16/2025	The Goldman Sachs Group 3 of 5 stars	A. Duval Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell	$3.60	-21.91%
1/6/2025	Craig Hallum 2 of 5 stars	C. Schwab Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$6.00 ➝ $7.00	+53.85%
10/18/2024	Danske Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
10/18/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$6.50 ➝ $6.50	+38.30%
1/19/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Equal Weight ➝ Underweight
1/12/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
12/15/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Sell
12/13/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$4.50 ➝ $4.00	+23.84%
12/8/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
10/3/2023	DNB Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:31 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 Monday, March 17, 2025. Please send any questions or comments about these Nokia Oyj pros and cons to contact@marketbeat.com.

Nokia Oyj
Bull Case

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

Nokia Oyj has recently received multiple upgrades from analysts, with a notable increase in price targets, indicating strong market confidence. For instance, Craig Hallum raised their target from $6.00 to $7.00, suggesting potential for significant price appreciation.
The stock is currently trading at $5.00, which is close to its twelve-month high of $5.06, indicating a positive trend and potential for further growth.
Nokia Oyj offers a dividend yield of 1.96%, providing investors with a steady income stream, which can be particularly appealing in a low-interest-rate environment.
The company operates in diverse segments, including Network Infrastructure and Mobile Networks, which positions it well to capitalize on the growing demand for advanced telecommunications solutions.
With a market capitalization of $27.24 billion and a manageable debt-to-equity ratio of 0.14, Nokia Oyj demonstrates financial stability, making it a potentially safer investment choice.

Nokia Oyj
Bear Case

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

The payout ratio is at 112.50%, which indicates that the company is paying out more in dividends than it earns. This could raise concerns about the sustainability of future dividend payments.
Despite recent upgrades, one analyst has rated the stock as a sell, reflecting some skepticism about its future performance and potential risks in the market.
The Goldman Sachs Group has downgraded Nokia Oyj to a sell rating with a price target of $3.60, suggesting that there may be significant downside risk from current levels.
Recent trading volumes have been lower than average, which could indicate waning investor interest or confidence in the stock.
The company has a relatively high P/E ratio of 19.98, which may suggest that the stock is overvalued compared to its earnings, potentially deterring value-focused investors.

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 research analysts have issued "buy," "hold," and "sell" ratings for Nokia Oyj in the last year. There is currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NOK shares.
: According to analysts, Nokia Oyj's stock has a predicted upside of 9.86% 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 2.69. Learn more on how NOK compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NYSE:NOK) was last updated on 3/24/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Nokia Oyj (NOK) Stock Forecast & Price Target