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NYSE:NOKNokia Oyj Stock Price, Forecast & News

$4.60
+0.16 (+3.60 %)
(As of 07/6/2020 04:00 PM ET)
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Today's Range
$4.59
Now: $4.60
$4.75
50-Day Range
$3.45
MA: $4.19
$4.52
52-Week Range
$2.34
Now: $4.60
$5.77
Volume56.20 million shs
Average Volume30.88 million shs
Market Capitalization$25.81 billion
P/E Ratio65.71
Dividend Yield1.02%
Beta0.56
Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals, including public safety and Internet of Things (IoT). It also offers fixed networking solutions, such as copper based solutions; fiber technology solutions, including gigabit passive optical networks, Ethernet point-to-point, and 10 gigabit next generation fiber technologies; and fiber access products, solutions, and services. In addition, the company provides network infrastructure and implementation, care, and professional services comprising network planning and optimization, and systems integration services for mobile networks; and managed services for the fixed, mobile, applications, Internet protocol (IP), and optical domains. Further, it offers network planning and optimization services to enhance the network performance and quality, and analytics-based services. Additionally, the company provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. It has a collaboration agreement with CommScope Holding Company, Inc. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.50 out of 5 stars


Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
CUSIPN/A
Phone358 0 10 44 88 000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$26.12 billion
Cash Flow$0.59 per share
Book Value$3.08 per share

Profitability

Net Income$7.84 million

Miscellaneous

Employees98,322
Outstanding Shares5,610,430,000
Market Cap$25.81 billion
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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Nokia Oyj (NYSE:NOK) Frequently Asked Questions

How has Nokia Oyj's stock been impacted by COVID-19 (Coronavirus)?

Nokia Oyj's stock was trading at $3.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NOK stock has increased by 47.0% and is now trading at $4.60. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Nokia Oyj?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nokia Oyj in the last year. There are currently 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nokia Oyj.

When is Nokia Oyj's next earnings date?

Nokia Oyj is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Nokia Oyj.

How were Nokia Oyj's earnings last quarter?

Nokia Oyj (NYSE:NOK) posted its quarterly earnings results on Thursday, April, 30th. The technology company reported $0.01 earnings per share for the quarter, meeting analysts' consensus estimates of $0.01. The technology company earned $5.42 billion during the quarter, compared to analyst estimates of $5.78 billion. Nokia Oyj had a return on equity of 9.14% and a net margin of 1.43%. View Nokia Oyj's earnings history.

What guidance has Nokia Oyj issued on next quarter's earnings?

Nokia Oyj issued an update on its FY20 earnings guidance on Thursday, April, 30th. The company provided EPS guidance of €0.19-0.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.23.

What price target have analysts set for NOK?

14 equities research analysts have issued 12 month price objectives for Nokia Oyj's shares. Their forecasts range from $2.90 to $6.00. On average, they expect Nokia Oyj's share price to reach $4.60 in the next year. View analysts' price targets for Nokia Oyj.

Has Nokia Oyj been receiving favorable news coverage?

News coverage about NOK stock has been trending negative on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nokia Oyj earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Nokia Oyj.

Are investors shorting Nokia Oyj?

Nokia Oyj saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 24,390,000 shares, an increase of 5.9% from the June 15th total of 23,030,000 shares. Based on an average trading volume of 27,550,000 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company's stock are short sold. View Nokia Oyj's Current Options Chain.

Who are some of Nokia Oyj's key competitors?

What other stocks do shareholders of Nokia Oyj own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nokia Oyj investors own include Advanced Micro Devices (AMD), AT&T (T), NVIDIA (NVDA), Telefonaktiebolaget LM Ericsson (ERIC), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), Cisco Systems (CSCO), General Electric (GE) and Alibaba Group (BABA).

Who are Nokia Oyj's key executives?

Nokia Oyj's management team includes the following people:
  • Mr. Rajeev Suri, Pres & CEO (Age 52)
  • Mr. Kristian Pullola, Chief Financial Officer (Age 46)
  • Mr. Joerg Erlemeier, Chief Operating Officer (Age 54)
  • Dr. Marcus Weldon, Corp. CTO & Pres of Nokia Bell Labs (Age 51)
  • Matt Shimao, Head of Investor Relations

What is Nokia Oyj's stock symbol?

Nokia Oyj trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOK."

Who are Nokia Oyj's major shareholders?

Nokia Oyj's stock is owned by many different retail and institutional investors. Top institutional investors include Fulton Bank N. A. (0.00%).

Which institutional investors are buying Nokia Oyj stock?

NOK stock was purchased by a variety of institutional investors in the last quarter, including Fulton Bank N. A..

How do I buy shares of Nokia Oyj?

Shares of NOK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Nokia Oyj's stock price today?

One share of NOK stock can currently be purchased for approximately $4.60.

How big of a company is Nokia Oyj?

Nokia Oyj has a market capitalization of $25.81 billion and generates $26.12 billion in revenue each year. The technology company earns $7.84 million in net income (profit) each year or $0.25 on an earnings per share basis. Nokia Oyj employs 98,322 workers across the globe.

What is Nokia Oyj's official website?

The official website for Nokia Oyj is www.nokia.com.

How can I contact Nokia Oyj?

Nokia Oyj's mailing address is KARAKAARI 7, ESPOO H9, 02610. The technology company can be reached via phone at 358 0 10 44 88 000 or via email at [email protected]

This page was last updated on 7/7/2020 by MarketBeat.com Staff

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