Nokia Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nokia in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Nokia stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOK, but not buy additional shares or sell existing shares.
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Nokia saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 30,580,000 shares, a decline of 25.8% from the February 28th total of 41,220,000 shares. Based on an average daily trading volume, of 92,290,000 shares, the short-interest ratio is currently 0.3 days.
View Nokia's Short Interest.

Nokia is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Nokia.

Nokia Co. (NYSE:NOK) posted its earnings results on Wednesday, February, 3rd. The technology company reported $0.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.04. The technology company had revenue of $7.83 billion for the quarter, compared to analysts' expectations of $7.56 billion. Nokia had a net margin of 3.31% and a trailing twelve-month return on equity of 9.34%.
View Nokia's earnings history.

Nokia's stock was trading at $3.13 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NOK shares have increased by 33.5% and is now trading at $4.18.
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Nokia updated its FY 2021 IntraDay earnings guidance on Thursday, March, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $25.338-26.814 billion, compared to the consensus revenue estimate of $25.59 billion.

16 equities research analysts have issued 12 month price targets for Nokia's stock. Their forecasts range from $5.00 to $6.00. On average, they expect Nokia's share price to reach $5.50 in the next year. This suggests a possible upside of 31.6% from the stock's current price.
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338 employees have rated Nokia CEO Pekka Lundmark on Glassdoor.com. Pekka Lundmark has an approval rating of 93% among Nokia's employees. This puts Pekka Lundmark in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Nokia include Telefonaktiebolaget LM Ericsson (publ) (ERIC), Motorola Solutions (MSI), Ubiquiti (UI), CommScope (COMM), Viasat (VSAT), Maxar Technologies (MAXR), EchoStar (SATS), Cambium Networks (CMBM), Vuzix (VUZI), Harmonic (HLIT), Loral Space & Communications Inc. (LORL), Casa Systems (CASA), Comtech Telecommunications (CMTL), Sierra Wireless (SWIR) and Gilat Satellite Networks (GILT).
View all of NOK's competitors.

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

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

Nokia's stock is owned by many different institutional and retail investors. Top institutional investors include TSP Capital Management Group LLC (0.04%), Investors Financial Group LLC (0.01%), FNY Investment Advisers LLC (0.01%), Crossmark Global Holdings Inc. (0.01%), Salem Capital Management Inc. (0.01%) and WealthTrust Axiom LLC (0.00%).

NOK stock was sold by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., Investors Financial Group LLC, Fulton Bank N.A., Crossmark Global Holdings Inc., TSP Capital Management Group LLC, and Cypress Capital Group.

NOK stock was acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Salem Capital Management Inc., Baldwin Brothers Inc. MA, WealthTrust Axiom LLC, NEXT Financial Group Inc, Gateway Advisory LLC, and Pacifica Partners Inc..

Shares of NOK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NOK stock can currently be purchased for approximately $4.18.

Nokia has a market capitalization of $23.48 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 employs 92,039 workers across the globe.

The following companies are subsidiares of Nokia: Aircom International, Alcatel - Lucent, Alcatel Lucent SAS, Alcatel Submarine Networks SAS, Alcatel-Lucent International SA, Alcatel-Lucent Participations SA, Amber Networks Inc., Avvenu, Comptel, DeepField, Diamond Lane Communications, Digiskin UK, DiscoveryCom Inc., Dopplr, Eizel Technologies, Elenion Technologies, Enpocket, F5 Networks Inc., InTalk Corporation, Intellisync Corporation, Ipsilon Networks Inc., LCC International's U.S., Loudeye Corp., Matra Nortel Communications, MetaCarta Inc., Metrowerks Corporation, Motally, NE-Products Oy, NGI Industrial (NGI), Nakina Systems, Navteq, Network Alchemy Inc., Nokia Canada Inc, Nokia Shanghai Bell Co, Nokia Solutions and Networks Australia Pty Ltd, Nokia Solutions and Networks B.V., Nokia Solutions and Networks Branch Operations Oy, Nokia Solutions and Networks GmbH & Co. KG, Nokia Solutions and Networks India Private Limited, Nokia Solutions and Networks Italia S.p.A., Nokia Solutions and Networks Japan G.K., Nokia Solutions and Networks Korea Ltd., Nokia Solutions and Networks Oy, Nokia Solutions and Networks Taiwan Co., Nokia Solutions and Networks do Brasil Telecomunicações Ltda., Nokia Spain, Nokia Technologies Oy, Nokia UK Limited, Nokia of America Corporation, Novarra Inc., OZ Communications, PT Nokia Solutions and Networks Indonesia, Plazes, Plum, Ramp Networks Inc., Redback Networks Inc., Rooftop Communications Corporation, SAC Wireless, Sega.com Inc., Smarterphone, Space Time Insight, Symbian Ltd, Tahoe Networks, Technophone Ltd, Telekol Group, Trolltech (Qt Development Frameworks), Twango, Unium, User Interface Design, Vienna Systems Corporation, Withings, bit-side GmbH, cellity AG, earthmine, and gate5 AG.

Nokia was founded in 1865.

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

Nokia is headquartered at KARAKAARI 7, ESPOO H9, 02610.

Nokia'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]