Nokia (NOK) Stock Forecast, Price Target & Predictions


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NOK Stock Forecast


Nokia (NOK) stock forecast, based on 49 Wall Street analysts, predicts a 12-month average price target of $6.35, with a high of $8.00 and a low of $4.84. This represents a 25.00% increase from the last price of $5.08.

$3 $4 $5 $6 $7 $8 High: $8 Avg: $6.35 Low: $4.84 Last Closed Price: $5.08

NOK Stock Rating


Nokia stock's rating consensus is Buy, based on 49 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 30 Buy (61.22%), 16 Hold (32.65%), 3 Sell (6.12%), and 0 Strong Sell (0.00%).

Buy
Total 49 0 3 16 30 Strong Sell Sell Hold Buy Strong Buy

NOK Price Target Upside V Benchmarks


TypeNameUpside
StockNokia25.00%
SectorTechnology Stocks 32.92%

Price Target Trends


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$5.08$5.08$5.08
Upside/Downside---
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25325-111
Mar, 25424-111
Feb, 25424-111
Jan, 25425-112
Dec, 24426--12
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 22, 2022Raymond James$7.00$5.1236.72%37.80%
Apr 29, 2022Raymond James$6.75$4.9037.76%32.87%
Mar 14, 2022Simon LeopoldRaymond James$6.50$5.0229.48%27.95%
Jul 30, 2021Christian SchwabCraig-Hallum$8.00$6.0831.58%57.48%
Jul 30, 2021Andrew GardinerCitigroup$5.44$6.08-10.53%7.09%
Jul 05, 2021Stefan SlowinskiBNP Paribas$7.70$5.3942.86%51.57%
Jun 25, 2021Alexander DuvalGoldman Sachs$6.50$5.4519.27%27.95%
Apr 30, 2021Artem BeletskiSEB Enskilda$5.00$4.686.84%-1.57%
Apr 30, 2021Achal SultaniaBlackRock$4.84$4.683.42%-4.72%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Feb 03, 2025CitigroupSellSellhold
Jan 31, 2025Deutsche BankBuyBuyhold
Jan 16, 2025Goldman SachsBuySelldowngrade
Jan 08, 2025BarclaysUnderweightUnderweighthold
Dec 18, 2024DNB MarketsBuyupgrade
Dec 11, 2024CitigroupNeutralNeutralhold
Oct 30, 2024BarclaysUnderweightUnderweighthold
Oct 23, 2024CitigroupSellSellhold
Oct 18, 2024Danske BankHoldBuyupgrade
Oct 10, 2024Deutsche BankBuyBuyhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.43$0.29$0.76$0.12-----
Avg Forecast$0.22$0.35$0.39$0.30$0.32$0.32$0.35$0.38$0.35
High Forecast$0.24$0.37$0.41$0.35$0.34$0.36$0.37$0.40$0.37
Low Forecast$0.21$0.33$0.37$0.26$0.30$0.25$0.33$0.36$0.33
Surprise %-295.45%-17.14%94.87%-60.00%-----

Revenue Forecast

$20B $21B $23B $24B $26B $28B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$21.87B$22.20B$24.91B$22.26B-----
Avg Forecast$25.97B$25.48B$25.84B$24.88B$20.10B$20.45B$20.86B$21.68B$21.40B
High Forecast$27.20B$26.69B$26.85B$25.42B$20.42B$20.94B$21.82B$22.67B$22.39B
Low Forecast$24.75B$24.29B$24.95B$24.54B$19.88B$20.19B$19.96B$20.74B$20.48B
Surprise %-15.79%-12.87%-3.61%-10.54%-----

Net Income Forecast

$-3B $-1B $300M $2B $3B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-2.42B$1.62B$4.25B$660.00M-----
Avg Forecast$-1.72B$2.36B$1.55B$1.74B$1.81B$1.81B$1.95B$2.11B$1.97B
High Forecast$-1.26B$2.84B$1.86B$2.08B$1.91B$2.01B$2.06B$2.24B$2.09B
Low Forecast$-2.19B$1.89B$1.24B$1.39B$1.65B$1.40B$1.84B$1.99B$1.86B
Surprise %40.52%-31.32%173.95%-61.99%-----

NOK Forecast FAQ


Is Nokia stock a buy?

Nokia stock has a consensus rating of Buy, based on 49 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 30 Buy, 16 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Nokia is a favorable investment for most analysts.

What is Nokia's price target?

Nokia's price target, set by 49 Wall Street analysts, averages $6.35 over the next 12 months. The price target range spans from $4.84 at the low end to $8 at the high end, suggesting a potential 25.00% change from the previous closing price of $5.08.

How does Nokia stock forecast compare to its benchmarks?

Nokia's stock forecast shows a 25.00% upside, underperforming the average forecast for the technology stocks sector (32.92%).

What is the breakdown of analyst ratings for Nokia over the past three months?

  • April 2025: 27.27% Strong Buy, 18.18% Buy, 45.45% Hold, 0% Sell, 9.09% Strong Sell.
  • March 2025: 36.36% Strong Buy, 18.18% Buy, 36.36% Hold, 0% Sell, 9.09% Strong Sell.
  • February 2025: 36.36% Strong Buy, 18.18% Buy, 36.36% Hold, 0% Sell, 9.09% Strong Sell.

What is Nokia’s EPS forecast?

Nokia's average annual EPS forecast for its fiscal year ending in December 2024 is $0.32, marking a 166.67% increase from the reported $0.12 in 2023. Estimates for the following years are $0.32 in 2025, $0.35 in 2026, $0.38 in 2027, and $0.35 in 2028.

What is Nokia’s revenue forecast?

Nokia's average annual revenue forecast for its fiscal year ending in December 2024 is $20.1B, reflecting a -9.71% decrease from the reported $22.26B in 2023. The forecast for 2025 is $20.45B, followed by $20.86B for 2026, $21.68B for 2027, and $21.4B for 2028.

What is Nokia’s net income forecast?

Nokia's net income forecast for the fiscal year ending in December 2024 stands at $1.81B, representing an 173.76% increase from the reported $660M in 2023. Projections indicate $1.81B in 2025, $1.95B in 2026, $2.11B in 2027, and $1.97B in 2028.