Nokia Oyj (NOK) Stock Forecast, Price Target & Predictions
NOK Stock Forecast
Nokia Oyj stock forecast is as follows: an average price target of $6.35 (represents a 49.41% upside from NOK’s last price of $4.25) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
NOK Price Target
The average price target for Nokia Oyj (NOK) is $6.35 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $4.84. This represents a potential 49.41% upside from NOK's last price of $4.25.
NOK Analyst Ratings
According to 14 Wall Street analysts, Nokia Oyj's rating consensus is 'Buy'. The analyst rating breakdown for NOK stock is 0 'Strong Buy' (0.00%), 9 'Buy' (64.29%), 3 'Hold' (21.43%), 2 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).
Nokia Oyj Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 22, 2022 | - | Raymond James | $7.00 | $5.12 | 36.72% | 64.71% |
| Apr 29, 2022 | - | Raymond James | $6.75 | $4.90 | 37.76% | 58.82% |
| Mar 14, 2022 | Simon Leopold | Raymond James | $6.50 | $5.02 | 29.48% | 52.94% |
| Jul 30, 2021 | Christian Schwab | Craig-Hallum | $8.00 | $6.08 | 31.58% | 88.24% |
| Jul 30, 2021 | Andrew Gardiner | Citigroup | $5.44 | $6.08 | -10.56% | 27.95% |
| Jul 05, 2021 | Stefan Slowinski | BNP Paribas | $7.70 | $5.39 | 42.86% | 81.18% |
| Jun 25, 2021 | Alexander Duval | Goldman Sachs | $6.50 | $5.45 | 19.27% | 52.94% |
| Apr 30, 2021 | Artem Beletski | SEB Enskilda | $5.00 | $4.68 | 6.90% | 17.71% |
| Apr 30, 2021 | Achal Sultania | BlackRock | $4.84 | $4.68 | 3.41% | 13.88% |
The latest Nokia Oyj stock forecast, released on Jul 22, 2022 by Raymond James company, set a price target of $7.00, which represents a 36.72% increase from the stock price at the time of the forecast ($5.12), and a 64.71% increase from NOK last price ($4.25).
Nokia Oyj Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $4.25 | $4.25 | $4.25 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Nokia Oyj stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nokia Oyj's last price of $4.25. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Barclays | Underweight | Underweight | Hold |
| Oct 23, 2024 | Citigroup | Sell | Sell | Hold |
| Oct 18, 2024 | Danske Bank | Hold | Buy | Upgrade |
| Oct 10, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Sep 19, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 01, 2024 | New Street | - | Buy | Upgrade |
| Jul 31, 2024 | Needham | Hold | Hold | Hold |
| May 30, 2024 | BNP Paribas | Neutral | Neutral | Hold |
| May 16, 2024 | Danske Bank | - | Hold | Downgrade |
| Dec 13, 2023 | Raymond James | Outperform | Outperform | Hold |
Nokia Oyj's last stock rating was published by Barclays on Oct 30, 2024. The company gave NOK a "Underweight" rating, the same as its previous rate.
Nokia Oyj Financial Forecast
Nokia Oyj Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $5.86B | $7.45B | $6.24B | $5.87B | $5.35B | $6.41B | $5.40B | $5.31B | $5.08B | $6.55B | $5.29B | $5.09B | $4.91B | $6.90B | $5.69B | $5.69B | $5.03B | $4.92B | $5.38B |
| Avg Forecast | $6.27B | $5.08B | $5.02B | $4.73B | $6.21B | $5.17B | $5.15B | $5.37B | $6.80B | $6.08B | $6.47B | $6.24B | $7.50B | $6.03B | $5.80B | $5.80B | $7.40B | $6.34B | $6.16B | $5.68B | $7.70B | $6.36B | $5.95B | $5.61B | $7.64B | $6.24B | $6.09B | $5.67B | $6.65B | $5.38B |
| High Forecast | $6.41B | $5.19B | $5.14B | $4.74B | $6.37B | $5.37B | $5.33B | $5.54B | $7.20B | $6.22B | $6.61B | $6.38B | $7.67B | $6.03B | $5.80B | $5.80B | $7.40B | $6.34B | $6.16B | $5.68B | $7.70B | $6.36B | $5.95B | $5.61B | $7.64B | $6.24B | $6.09B | $5.67B | $7.98B | $6.45B |
| Low Forecast | $6.13B | $4.97B | $4.91B | $4.70B | $6.10B | $4.96B | $4.97B | $5.20B | $6.42B | $5.95B | $6.32B | $6.10B | $7.33B | $6.03B | $5.80B | $5.80B | $7.40B | $6.34B | $6.16B | $5.68B | $7.70B | $6.36B | $5.95B | $5.61B | $7.64B | $6.24B | $6.09B | $5.67B | $5.32B | $4.30B |
| # Analysts | 1 | 1 | 1 | 4 | 8 | 4 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.99% | 1.03% | 1.01% | 0.92% | 0.87% | 0.85% | 0.86% | 0.89% | 0.85% | 0.83% | 0.86% | 0.88% | 0.90% | 0.91% | 0.93% | 0.89% | 0.74% | 1.00% |
Nokia Oyj's average Quarter revenue forecast for Jun 23 based on 2 analysts is $6.47B, with a low forecast of $6.32B, and a high forecast of $6.61B. NOK's average Quarter revenue forecast represents a 10.36% increase compared to the company's last Quarter revenue of $5.86B (Mar 23).
Nokia Oyj EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 8 | 4 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $693.00M | $1.18B | $804.00M | $846.00M | $628.00M | $956.00M | $661.00M | $615.00M | $575.00M | $707.00M | $473.00M | $453.00M | $88.00M | $1.32B | $478.00M | $1.00M | $-235.00M | $-18.00M | $-76.00M |
| Avg Forecast | $776.74M | $629.56M | $622.71M | $586.67M | $769.34M | $640.51M | $638.35M | $588.01M | $842.68M | $753.88M | $801.54M | $534.55M | $897.26M | $760.39M | $730.77M | $422.57M | $932.13M | $799.68M | $776.30M | $2.84B | $970.69M | $802.17M | $749.48M | $186.30M | $963.38M | $786.16M | $767.66M | $-432.00M | $121.50M | $70.00M |
| High Forecast | $794.43M | $643.89M | $636.89M | $587.90M | $789.10M | $665.87M | $660.12M | $705.61M | $892.03M | $771.05M | $819.79M | $641.46M | $1.08B | $760.39M | $730.77M | $507.09M | $932.13M | $799.68M | $776.30M | $3.41B | $970.69M | $802.17M | $749.48M | $223.56M | $963.38M | $786.16M | $767.66M | $-345.60M | $145.80M | $84.00M |
| Low Forecast | $759.71M | $615.75M | $609.05M | $582.96M | $755.75M | $615.16M | $616.59M | $470.41M | $795.86M | $737.35M | $783.96M | $427.64M | $717.81M | $760.39M | $730.77M | $338.06M | $932.13M | $799.68M | $776.30M | $2.27B | $970.69M | $802.17M | $749.48M | $149.04M | $963.38M | $786.16M | $767.66M | $-518.40M | $97.20M | $56.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.32% | 1.06% | 1.16% | 1.49% | 1.03% | 0.83% | 0.79% | 0.20% | 0.73% | 0.59% | 0.60% | 0.47% | 1.37% | 0.61% | 0.00% | 0.54% | -0.15% | -1.09% |
2 analysts predict NOK's average Quarter EBITDA for Jun 23 to be $801.54M, with a high of $819.79M and a low of $783.96M. This is 15.66% upper than Nokia Oyj's previous annual EBITDA (Mar 23) of $693.00M.
Nokia Oyj Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 8 | 4 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $279.00M | $3.15B | $427.00M | $457.00M | $212.00M | $681.00M | $342.00M | $344.00M | $261.00M | $-2.69B | $193.00M | $94.00M | $-117.00M | $564.00M | $82.00M | $-193.00M | $-446.00M | $-188.00M | $-488.00M |
| Avg Forecast | $754.16M | $403.88M | $368.09M | $270.29M | $705.47M | $349.06M | $262.03M | $252.86M | $627.85M | $415.00M | $433.81M | $229.87M | $629.20M | $520.34M | $457.21M | $181.71M | $632.92M | $356.25M | $232.28M | $1.17B | $595.56M | $294.87M | $161.71M | $-157.95M | $703.17M | $266.77M | $146.67M | $-1.07B | $-253.80M | $-488.00M |
| High Forecast | $776.51M | $415.84M | $378.98M | $278.29M | $726.33M | $358.67M | $262.47M | $303.43M | $896.89M | $427.28M | $446.65M | $275.84M | $755.04M | $520.34M | $457.21M | $218.06M | $632.92M | $356.25M | $232.28M | $1.41B | $595.56M | $294.87M | $161.71M | $-126.36M | $703.17M | $266.77M | $146.67M | $-856.32M | $-203.04M | $-390.40M |
| Low Forecast | $732.63M | $392.37M | $357.59M | $262.59M | $655.07M | $339.46M | $261.60M | $202.28M | $448.45M | $403.17M | $421.44M | $183.89M | $503.36M | $520.34M | $457.21M | $145.37M | $632.92M | $356.25M | $232.28M | $939.60M | $595.56M | $294.87M | $161.71M | $-189.54M | $703.17M | $266.77M | $146.67M | $-1.28B | $-304.56M | $-585.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 5.01% | 0.82% | 1.00% | 1.17% | 1.08% | 0.96% | 1.48% | 0.22% | -4.51% | 0.65% | 0.58% | 0.74% | 0.80% | 0.31% | -1.32% | 0.42% | 0.74% | 1.00% |
Nokia Oyj's average Quarter net income forecast for Jun 23 is $433.81M, with a range of $421.44M to $446.65M. NOK's average Quarter net income forecast represents a 55.49% increase compared to the company's last Quarter net income of $279.00M (Mar 23).
Nokia Oyj SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 8 | 4 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $729.00M | $838.00M | $771.00M | $728.00M | $675.00M | $758.00M | $674.00M | $712.00M | $649.00M | $812.00M | $644.00M | $680.00M | $762.00M | $775.00M | $739.00M | $763.00M | $824.00M | $847.00M | $919.00M |
| Avg Forecast | $788.53M | $639.11M | $632.16M | $595.57M | $781.01M | $650.23M | $648.04M | $805.08M | $855.47M | $765.33M | $813.70M | $731.89M | $705.52M | $742.28M | $713.37M | $578.57M | $909.93M | $780.63M | $757.81M | $2.92B | $947.58M | $783.07M | $731.63M | $1.03B | $940.44M | $767.44M | $749.38M | $1.98B | $1.14B | $919.00M |
| High Forecast | $806.49M | $653.66M | $646.55M | $596.82M | $801.07M | $675.97M | $670.14M | $966.10M | $905.57M | $782.75M | $832.23M | $878.27M | $846.63M | $742.28M | $713.37M | $694.29M | $909.93M | $780.63M | $757.81M | $3.50B | $947.58M | $783.07M | $731.63M | $1.23B | $940.44M | $767.44M | $749.38M | $2.37B | $1.37B | $1.10B |
| Low Forecast | $771.24M | $625.10M | $618.30M | $591.81M | $767.22M | $624.49M | $625.94M | $644.07M | $807.94M | $748.54M | $795.86M | $585.51M | $564.42M | $742.28M | $713.37M | $462.86M | $909.93M | $780.63M | $757.81M | $2.34B | $947.58M | $783.07M | $731.63M | $822.96M | $940.44M | $767.44M | $749.38M | $1.58B | $914.76M | $735.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.19% | 1.04% | 1.02% | 1.17% | 0.83% | 0.86% | 0.94% | 0.22% | 0.86% | 0.82% | 0.93% | 0.74% | 0.82% | 0.96% | 1.02% | 0.42% | 0.74% | 1.00% |
Nokia Oyj's average Quarter SG&A projection for Jun 23 is $813.70M, based on 2 Wall Street analysts, with a range of $795.86M to $832.23M. The forecast indicates a 11.62% rise compared to NOK last annual SG&A of $729.00M (Mar 23).
Nokia Oyj EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 8 | 4 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $0.56 | $0.08 | $0.08 | $0.03 | $0.12 | $0.06 | $0.06 | $0.05 | $-0.46 | $0.03 | $0.02 | $-0.02 | $0.10 | $0.01 | $-0.03 | $-0.08 | $-0.03 | $-0.09 |
| Avg Forecast | $0.14 | $0.07 | $0.07 | $0.05 | $0.13 | $0.06 | $0.05 | $0.07 | $0.11 | $0.08 | $0.08 | $0.07 | $0.13 | $0.09 | $0.08 | $0.06 | $0.11 | $0.06 | $0.04 | $0.01 | $0.11 | $0.05 | $0.03 | $0.01 | $0.13 | $0.05 | $0.03 | $0.03 | $0.04 | $0.03 |
| High Forecast | $0.14 | $0.08 | $0.07 | $0.05 | $0.13 | $0.06 | $0.05 | $0.07 | $0.16 | $0.08 | $0.08 | $0.07 | $0.13 | $0.09 | $0.08 | $0.06 | $0.11 | $0.06 | $0.04 | $0.01 | $0.11 | $0.05 | $0.03 | $0.01 | $0.13 | $0.05 | $0.03 | $0.03 | $0.05 | $0.04 |
| Low Forecast | $0.13 | $0.07 | $0.06 | $0.05 | $0.12 | $0.06 | $0.05 | $0.07 | $0.08 | $0.07 | $0.08 | $0.07 | $0.13 | $0.09 | $0.08 | $0.06 | $0.11 | $0.06 | $0.04 | $0.01 | $0.11 | $0.05 | $0.03 | $0.01 | $0.13 | $0.05 | $0.03 | $0.03 | $0.03 | $0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 4.29% | 0.85% | 0.96% | 0.47% | 1.04% | 0.93% | 1.42% | 7.39% | -4.26% | 0.56% | 0.68% | -2.96% | 0.78% | 0.21% | -1.13% | -2.87% | -0.74% | -3.21% |
According to 2 Wall Street analysts, Nokia Oyj's projected average Quarter EPS for Jun 23 is $0.08, with a low estimate of $0.08 and a high estimate of $0.08. This represents a 56.83% increase compared to NOK previous annual EPS of $0.05 (Mar 23).
Nokia Oyj Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLFD | Clearfield | $29.18 | $59.60 | 104.25% | Buy |
| NOK | Nokia Oyj | $4.25 | $6.35 | 49.41% | Buy |
| VIAV | Viavi Solutions | $9.82 | $12.93 | 31.67% | Hold |
| EXTR | Extreme Networks | $15.43 | $20.00 | 29.62% | Buy |
| CSCO | Cisco Systems | $57.50 | $63.09 | 9.72% | Buy |
| INFN | Infinera | $6.61 | $6.67 | 0.91% | Hold |
| JNPR | Juniper Networks | $35.66 | $35.74 | 0.22% | Buy |
| CIEN | Ciena | $66.48 | $65.74 | -1.11% | Buy |
| HPE | Hewlett Packard Enterprise Company | $21.18 | $20.82 | -1.70% | Buy |
| LITE | Lumentum | $82.47 | $74.60 | -9.54% | Buy |
| MSI | Motorola Solutions | $492.60 | $344.83 | -30.00% | Buy |
| AAOI | Applied Optoelectronics | $34.07 | $17.38 | -48.99% | Buy |