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Nokia (NOK)
NYSE:NOK
NOK Stock Chart & Stats
$7.85
>-$0.01(-0.11%)
At close: 4:00 PM EST
$7.85
>-$0.01(-0.11%)
Day’s Range― - ―
52-Week Range$4.00 - $8.37
Previous CloseN/A
Volume3.38M
Average Volume (3M)42.94M
Market Cap
$43.17B
Enterprise Value$36.92B
Total Cash (Recent Filing)$6.42B
Total Debt (Recent Filing)$5.21B
Price to Earnings (P/E)15.1
Beta0.39
Next Earnings
Apr 23, 2026EPS Estimate
0.04Next Dividend Ex-DateN/A
Dividend Yield2.26%
Share Statistics
EPS (TTM)0.19
Shares Outstanding5,742,239,700
10 Day Avg. Volume56,019,972
30 Day Avg. Volume42,937,102
Financial Highlights & Ratios
PEG Ratio-0.95
Price to Book (P/B)1.42
Price to Sales (P/S)1.56
P/FCF Ratio21.19
Enterprise Value/Market Cap0.86
Enterprise Value/Revenue1.93
Enterprise Value/Gross Profit4.59
Enterprise Value/Ebitda19.06
Forecast
1Y Price Target
$7.30Price Target Upside-7.01% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.37
Revenue Forecast (FY)$24.13B
Bulls Say, Bears Say
Bulls Say
Balance-sheet ResilienceNokia's low leverage (debt-to-equity ~0.23–0.26) and sizable equity base provide durable financial flexibility. This limits refinancing risk, supports sustained R&D, targeted M&A and capex ramps, and cushions cyclical telecom spending declines over the next 2–6 months.
Strong Cash Generation And Net CashConsistently positive operating cash flow and ~72% FCF conversion in 2025 mean Nokia converts earnings to cash efficiently. The net cash position (~EUR 3.4bn) and recurring FCF provide a durable funding source for capex, integration costs, dividends and strategic investments.
Optical, AI & Cloud Strategic MomentumCompleted Infinera deal, shipping 800G ZR products, and EUR 2.4bn of AI & cloud orders point to structural market share gains in optical and data-center networking. These product ramps and design wins support multi-year revenue growth and stickier customer relationships.
Bears Say
Declining Revenue And Compressed MarginsThree-year top-line decline and sharp margin compression reduce earnings power and long-term return metrics. Persisting top-line weakness constrains operating leverage and ROE (~2.9% in 2025), making durable margin recovery crucial for sustainable shareholder returns.
Large Integration And Restructuring Cash CostsMaterial restructuring and integration cash outflows over multiple years will weigh on reported profits and allocate free cash to transition costs rather than growth. These planned multi-year expenses can slow margin recovery and limit capital available for organic investments in the near term.
Mobile Infrastructure And Regional Contract HeadwindsLost contracts and regional weakness (e.g., North America, parts of Asia) reduce revenue visibility for Mobile Infrastructure. Given the segment's role in future profit targets, sustained regional/regulatory contract gaps could slow revenue recovery and erode scale benefits over the medium term.
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 $8.37 in the past 12 months.
What is Nokia’s market cap?
Nokia’s market cap is $43.17B.
When is Nokia’s upcoming earnings report date?
Nokia’s upcoming earnings report date is Apr 23, 2026 which is in 48 days.
How were Nokia’s earnings last quarter?
Nokia released its earnings results on Jan 29, 2026. The company reported $0.191 earnings per share for the quarter, beating the consensus estimate of $0.171 by $0.02.
Is Nokia overvalued?
According to Wall Street analysts Nokia’s price is currently Overvalued.
Does Nokia pay dividends?
Nokia pays a Quarterly dividend of $0.025 which represents an annual dividend yield of 2.26%. See more information on Nokia dividends here
What is Nokia’s EPS estimate?
Nokia’s EPS estimate is 0.04.
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 $0.191 in its last earnings report, beating expectations of $0.171. Following the earnings report the stock price went down -7.773%.
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
Moderate Buy
Average Price Target:
$7.30 (-7.01% Downside)
$7.30 (-7.01% Downside)
Blogger Sentiment
Bullish
NOK Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.2%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Very Bullish
Bullish news 95%
Bearish news 5%
Bearish news 5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.29%
12-Months-Change
Fundamentals
Return on Equity
3.20%
Trailing 12-Months
Asset Growth
-2.73%
Trailing 12-Months
Company Description
Nokia
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial services; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers business applications software, cloud and cognitive services, core networks software, and enterprise solutions. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.
NOK Company Deck
NOK Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed cautious optimism. Nokia reported modest revenue growth, strong order momentum in Optical and AI & Cloud, multiple design wins and a solid cash position, and it set clear multi-year targets and strategic reorganizations (Infinera acquisition, Mobile Infrastructure, Nokia Defense). At the same time, the company faces near-term margin pressure from growth investments and acquisition/integration costs, restructuring cash outflows, Q1 seasonality headwinds, a notable decline and impairment in Nokia Technologies, and regional/contract-related pressures (e.g., North America). Overall the positives — strategic positioning for AI & cloud, product ramps, design wins, and healthy cash conversion — outweigh the near-term transitional challenges and costs.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
Average Price Target
$7.30
▼(-7.01% Downside)
Technical Analysis
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Ownership Overview
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Insiders
2.92% Mutual Funds
1.97% Other Institutional Investors
94.45% Public Companies and Individual Investors