Want to see NOK full AI Analyst Report?
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)105.76M
Market Cap
$65.27B
Enterprise Value$65.59B
Total Cash (Recent Filing)$6.12B
Total Debt (Recent Filing)$3.33B
Price to Earnings (P/E)79.5
Beta0.57
Next Earnings
Jul 23, 2026EPS Estimate
0.06Next Dividend Ex-DateN/A
Dividend Yield2.26%
Share Statistics
EPS (TTM)0.14
Shares Outstanding5,742,239,700
10 Day Avg. Volume68,233,344
30 Day Avg. Volume105,755,709
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 Cap1.00
Enterprise Value/Revenue3.28
Enterprise Value/Gross Profit7.43
Enterprise Value/Ebitda27.42
Forecast
1Y Price Target
$16.09Price Target Upside56.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.39
Revenue Forecast (FY)$24.24B
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet / Low LeverageLow leverage and a stable equity base give Nokia durable financial flexibility to fund multi-year network projects, absorb cyclical telecom capex swings, and invest in strategic initiatives without stressing liquidity. This supports long-term resilience and optionality.
Consistent Cash Generation And Net CashSustained positive operating and free cash flow plus a net cash position underpin the company's ability to fund R&D, capex (e.g., fab ramp), M&A integration, and shareholder returns. Reliable cash flow supports execution of multi-year product rollouts and capital-intensive optical investments.
Structural Exposure To AI/cloud And Optical GrowthStrong AI/cloud tailwinds and upgraded Optical/Network guidance reflect durable demand from hyperscalers and data-center networking. Combined with new product roadmap and Infinera synergies, this positions Nokia to capture a multi-year structural market expansion in optical and AI traffic.
Bears Say
Thin Profitability And Low ROEModest margins and low returns on equity limit internal capital generation and long-term shareholder value creation. Even with revenue growth, thin profitability constrains the pace at which Nokia can scale high-margin software/services without sustained margin improvement or structural mix changes.
Sharply Negative Free-cash-flow Growth (TTM)Declining FCF growth despite positive absolute FCF signals deterioration in cash conversion or working-capital pressures. Over months, this can reduce funding headroom for capex and R&D, increase volatility in cash available for strategic investments, and pressure liquidity metrics.
Supply Constraints, Order Elongation & Elevated Capex NeedsProlonged lead times and semiconductor bottlenecks delay revenue recognition and lengthen cash conversion cycles. Simultaneous elevated R&D and fab capex to capture AI-driven demand increase near-term cost base and execution risk, pressuring margins and timing of returns.
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 $65.27B.
When is Nokia’s upcoming earnings report date?
Nokia’s upcoming earnings report date is Jul 23, 2026 which is in 13 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 2.26%. 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:
$16.09 (56.07% Upside)
$16.09 (56.07% Upside)
Blogger Sentiment
Bullish
NOK Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 24.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 19.3%
Last 30 Days ▲ 19.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
157.84%
12-Months-Change
Fundamentals
Return on Equity
5.06%
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 Company Deck
NOK Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong execution in Q1 with notable revenue and margin expansion, robust free cash flow, outsized AI & cloud demand (49% growth) and a significant upgrade to Network Infrastructure/Optical guidance. Management acknowledged supply constraints, order elongation and near-term margin/seasonality headwinds, but reported Infinera synergies ahead of plan and committed investments (fab and product roadmap) to capture a structural AI-driven market expansion. Overall, the positives — raised guidance, strong Optical performance, large new orders, margin improvement and healthy cash generation — outweigh the near-term operational and timing challenges.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
$16.09
▲(56.07% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Cisco Systems
―
Telefonaktiebolaget LM Ericsson
―
Motorola Solutions
―
Ubiquiti Networks
―
Hewlett Packard Enterprise
―
Ownership Overview
―
Insiders
3.80% Mutual Funds
0.07% Other Institutional Investors
95.48% Public Companies and Individual Investors










