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Nokia (NOK) Competitors

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$9.35 +0.21 (+2.30%)
Closing price 08/3/2026 03:59 PM Eastern
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$9.50 +0.15 (+1.61%)
As of 04:51 AM Eastern
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NOK vs. VRT, ASX, NXPI, LHX, and LITE

Should you buy Nokia stock or one of its competitors? MarketBeat compares Nokia with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Nokia include Vertiv (VRT), ASE Technology (ASX), NXP Semiconductors (NXPI), L3Harris Technologies (LHX), and Lumentum (LITE).

How does Nokia compare to Vertiv?

Vertiv (NYSE:VRT) and Nokia (NYSE:NOK) are related large-cap companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, media sentiment, profitability, institutional ownership, earnings and valuation.

Vertiv has a beta of 2.06, indicating that its stock price is 106% more volatile than the broader market. Comparatively, Nokia has a beta of 1.19, indicating that its stock price is 19% more volatile than the broader market.

In the previous week, Vertiv had 46 more articles in the media than Nokia. MarketBeat recorded 67 mentions for Vertiv and 21 mentions for Nokia. Vertiv's average media sentiment score of 0.96 beat Nokia's score of 0.82 indicating that Vertiv is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Vertiv
37 Very Positive mention(s)
8 Positive mention(s)
10 Neutral mention(s)
7 Negative mention(s)
0 Very Negative mention(s)
Positive
Nokia
11 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Vertiv has a net margin of 15.09% compared to Nokia's net margin of 3.49%. Vertiv's return on equity of 50.47% beat Nokia's return on equity.

Company Net Margins Return on Equity Return on Assets
Vertiv15.09% 50.47% 15.87%
Nokia 3.49%9.83%5.53%

89.9% of Vertiv shares are held by institutional investors. Comparatively, 5.3% of Nokia shares are held by institutional investors. 1.1% of Vertiv shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Vertiv has higher earnings, but lower revenue than Nokia. Vertiv is trading at a lower price-to-earnings ratio than Nokia, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vertiv$10.23B9.90$1.33B$4.4259.66
Nokia$22.50B2.39$736.54M$0.1466.79

Vertiv pays an annual dividend of $0.25 per share and has a dividend yield of 0.1%. Nokia pays an annual dividend of $0.12 per share and has a dividend yield of 1.3%. Vertiv pays out 5.7% of its earnings in the form of a dividend. Nokia pays out 85.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Vertiv has raised its dividend for 2 consecutive years.

Vertiv currently has a consensus price target of $337.33, indicating a potential upside of 27.92%. Nokia has a consensus price target of $12.57, indicating a potential upside of 34.41%. Given Nokia's higher probable upside, analysts plainly believe Nokia is more favorable than Vertiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vertiv
0 Sell rating(s)
5 Hold rating(s)
22 Buy rating(s)
2 Strong Buy rating(s)
2.90
Nokia
2 Sell rating(s)
3 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.61

Summary

Vertiv beats Nokia on 16 of the 20 factors compared between the two stocks.

How does Nokia compare to ASE Technology?

Nokia (NYSE:NOK) and ASE Technology (NYSE:ASX) are both large-cap technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, risk, earnings, media sentiment, profitability, valuation and dividends.

In the previous week, Nokia had 2 more articles in the media than ASE Technology. MarketBeat recorded 21 mentions for Nokia and 19 mentions for ASE Technology. ASE Technology's average media sentiment score of 0.82 beat Nokia's score of 0.82 indicating that ASE Technology is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia
11 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
ASE Technology
8 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Nokia currently has a consensus target price of $12.57, suggesting a potential upside of 34.41%. Given Nokia's higher possible upside, analysts clearly believe Nokia is more favorable than ASE Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia
2 Sell rating(s)
3 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.61
ASE Technology
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00

Nokia has a beta of 1.19, suggesting that its share price is 19% more volatile than the broader market. Comparatively, ASE Technology has a beta of 1.69, suggesting that its share price is 69% more volatile than the broader market.

ASE Technology has a net margin of 8.52% compared to Nokia's net margin of 3.49%. ASE Technology's return on equity of 16.12% beat Nokia's return on equity.

Company Net Margins Return on Equity Return on Assets
Nokia3.49% 9.83% 5.53%
ASE Technology 8.52%16.12%6.47%

Nokia pays an annual dividend of $0.12 per share and has a dividend yield of 1.3%. ASE Technology pays an annual dividend of $0.31 per share and has a dividend yield of 0.8%. Nokia pays out 85.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. ASE Technology pays out 36.0% of its earnings in the form of a dividend.

ASE Technology has higher revenue and earnings than Nokia. ASE Technology is trading at a lower price-to-earnings ratio than Nokia, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nokia$22.50B2.39$736.54M$0.1466.79
ASE Technology$711.21B0.11$1.28B$0.8642.63

5.3% of Nokia shares are held by institutional investors. Comparatively, 6.8% of ASE Technology shares are held by institutional investors. 22.9% of ASE Technology shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

ASE Technology beats Nokia on 13 of the 19 factors compared between the two stocks.

How does Nokia compare to NXP Semiconductors?

Nokia (NYSE:NOK) and NXP Semiconductors (NASDAQ:NXPI) are both large-cap technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, media sentiment, dividends, institutional ownership, valuation and risk.

Nokia has a beta of 1.19, suggesting that its stock price is 19% more volatile than the broader market. Comparatively, NXP Semiconductors has a beta of 1.82, suggesting that its stock price is 82% more volatile than the broader market.

NXP Semiconductors has lower revenue, but higher earnings than Nokia. NXP Semiconductors is trading at a lower price-to-earnings ratio than Nokia, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nokia$22.50B2.39$736.54M$0.1466.79
NXP Semiconductors$12.27B4.61$2.02B$11.7219.13

Nokia pays an annual dividend of $0.12 per share and has a dividend yield of 1.3%. NXP Semiconductors pays an annual dividend of $4.06 per share and has a dividend yield of 1.8%. Nokia pays out 85.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NXP Semiconductors pays out 34.6% of its earnings in the form of a dividend. NXP Semiconductors is clearly the better dividend stock, given its higher yield and lower payout ratio.

5.3% of Nokia shares are owned by institutional investors. Comparatively, 90.5% of NXP Semiconductors shares are owned by institutional investors. 0.1% of NXP Semiconductors shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, NXP Semiconductors had 44 more articles in the media than Nokia. MarketBeat recorded 65 mentions for NXP Semiconductors and 21 mentions for Nokia. Nokia's average media sentiment score of 0.82 beat NXP Semiconductors' score of 0.68 indicating that Nokia is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia
11 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
NXP Semiconductors
28 Very Positive mention(s)
6 Positive mention(s)
18 Neutral mention(s)
7 Negative mention(s)
0 Very Negative mention(s)
Positive

Nokia currently has a consensus target price of $12.57, indicating a potential upside of 34.41%. NXP Semiconductors has a consensus target price of $305.43, indicating a potential upside of 36.25%. Given NXP Semiconductors' higher possible upside, analysts clearly believe NXP Semiconductors is more favorable than Nokia.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia
2 Sell rating(s)
3 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.61
NXP Semiconductors
1 Sell rating(s)
9 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.58

NXP Semiconductors has a net margin of 22.56% compared to Nokia's net margin of 3.49%. NXP Semiconductors' return on equity of 27.83% beat Nokia's return on equity.

Company Net Margins Return on Equity Return on Assets
Nokia3.49% 9.83% 5.53%
NXP Semiconductors 22.56%27.83%11.07%

Summary

NXP Semiconductors beats Nokia on 14 of the 18 factors compared between the two stocks.

How does Nokia compare to L3Harris Technologies?

Nokia (NYSE:NOK) and L3Harris Technologies (NYSE:LHX) are related large-cap companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, profitability, risk, dividends, institutional ownership, earnings, valuation and analyst recommendations.

In the previous week, L3Harris Technologies had 20 more articles in the media than Nokia. MarketBeat recorded 41 mentions for L3Harris Technologies and 21 mentions for Nokia. Nokia's average media sentiment score of 0.82 beat L3Harris Technologies' score of 0.62 indicating that Nokia is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia
11 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
L3Harris Technologies
17 Very Positive mention(s)
3 Positive mention(s)
10 Neutral mention(s)
6 Negative mention(s)
0 Very Negative mention(s)
Positive

L3Harris Technologies has lower revenue, but higher earnings than Nokia. L3Harris Technologies is trading at a lower price-to-earnings ratio than Nokia, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nokia$22.50B2.39$736.54M$0.1466.79
L3Harris Technologies$21.87B2.36$1.61B$9.9028.05

Nokia pays an annual dividend of $0.12 per share and has a dividend yield of 1.3%. L3Harris Technologies pays an annual dividend of $5.00 per share and has a dividend yield of 1.8%. Nokia pays out 85.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. L3Harris Technologies pays out 50.5% of its earnings in the form of a dividend. L3Harris Technologies has raised its dividend for 24 consecutive years. L3Harris Technologies is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Nokia has a beta of 1.19, suggesting that its stock price is 19% more volatile than the broader market. Comparatively, L3Harris Technologies has a beta of 0.51, suggesting that its stock price is 49% less volatile than the broader market.

5.3% of Nokia shares are held by institutional investors. Comparatively, 84.8% of L3Harris Technologies shares are held by institutional investors. 0.7% of L3Harris Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

L3Harris Technologies has a net margin of 8.17% compared to Nokia's net margin of 3.49%. L3Harris Technologies' return on equity of 10.96% beat Nokia's return on equity.

Company Net Margins Return on Equity Return on Assets
Nokia3.49% 9.83% 5.53%
L3Harris Technologies 8.17%10.96%5.18%

Nokia presently has a consensus price target of $12.57, suggesting a potential upside of 34.41%. L3Harris Technologies has a consensus price target of $365.00, suggesting a potential upside of 31.44%. Given Nokia's higher probable upside, research analysts clearly believe Nokia is more favorable than L3Harris Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia
2 Sell rating(s)
3 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.61
L3Harris Technologies
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
2.87

Summary

L3Harris Technologies beats Nokia on 12 of the 20 factors compared between the two stocks.

How does Nokia compare to Lumentum?

Lumentum (NASDAQ:LITE) and Nokia (NYSE:NOK) are both large-cap technology companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, profitability, earnings, valuation, dividends, institutional ownership and risk.

Lumentum has a net margin of 17.61% compared to Nokia's net margin of 3.49%. Lumentum's return on equity of 24.81% beat Nokia's return on equity.

Company Net Margins Return on Equity Return on Assets
Lumentum17.61% 24.81% 6.89%
Nokia 3.49%9.83%5.53%

94.1% of Lumentum shares are held by institutional investors. Comparatively, 5.3% of Nokia shares are held by institutional investors. 0.4% of Lumentum shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Lumentum currently has a consensus target price of $1,012.67, indicating a potential upside of 29.85%. Nokia has a consensus target price of $12.57, indicating a potential upside of 34.41%. Given Nokia's higher probable upside, analysts plainly believe Nokia is more favorable than Lumentum.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lumentum
0 Sell rating(s)
7 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.67
Nokia
2 Sell rating(s)
3 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.61

In the previous week, Lumentum had 14 more articles in the media than Nokia. MarketBeat recorded 35 mentions for Lumentum and 21 mentions for Nokia. Lumentum's average media sentiment score of 1.31 beat Nokia's score of 0.82 indicating that Lumentum is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lumentum
27 Very Positive mention(s)
5 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Nokia
11 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Nokia has higher revenue and earnings than Lumentum. Nokia is trading at a lower price-to-earnings ratio than Lumentum, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lumentum$1.65B36.88$25.90M$5.40144.42
Nokia$22.50B2.39$736.54M$0.1466.79

Lumentum has a beta of 1.5, suggesting that its share price is 50% more volatile than the broader market. Comparatively, Nokia has a beta of 1.19, suggesting that its share price is 19% more volatile than the broader market.

Summary

Lumentum beats Nokia on 13 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NOK vs. The Competition

MetricNokiaCommunications Equipment IndustryTechnology SectorNYSE Exchange
Market Cap$52.48B$15.63B$28.15B$23.73B
Dividend Yield1.34%4.17%2.77%4.21%
P/E Ratio66.7936.5880.5431.49
Price / Sales2.3935.06595.4314.47
Price / Cash17.15100.2045.0418.72
Price / Book2.258.727.804.83
Net Income$736.54M$365.18M$662.76M$1.07B
7 Day Performance4.94%1.71%2.73%0.34%
1 Month Performance-22.47%-5.08%-2.93%0.59%
1 Year Performance128.38%77.78%148.24%18.76%

Nokia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NOK
Nokia
4.9117 of 5 stars
$9.35
+2.3%
$12.57
+34.4%
+130.9%$52.48B$22.50B66.7978,005
VRT
Vertiv
4.9443 of 5 stars
$264.50
-8.0%
$343.48
+29.9%
+86.2%$101.59B$10.84B66.4634,000
ASX
ASE Technology
3.6992 of 5 stars
$33.22
-9.1%
N/A+265.9%$73.85B$20.73B48.85105,947
NXPI
NXP Semiconductors
4.9898 of 5 stars
$264.11
-1.3%
$307.73
+16.5%
+6.8%$66.69B$12.27B25.2832,169
LHX
L3Harris Technologies
4.9578 of 5 stars
$308.12
+1.5%
$361.70
+17.4%
-0.2%$57.40B$22.48B33.4645,000

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This page (NYSE:NOK) was last updated on 8/4/2026 by MarketBeat.com Staff.
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