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Nokia (NOK) Stock Forecast & Price Target

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$5.19 +0.02 (+0.39%)
As of 03:58 PM Eastern

Nokia - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
0
Buy
4

Based on 5 Wall Street analysts who have issued ratings for Nokia in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a sell rating, and 4 have given a buy rating for NOK.

Consensus Price Target

$5.85
12.72% Upside
According to the 5 analysts' twelve-month price targets for Nokia, the average price target is $5.85. The highest price target for NOK is $7.00, while the lowest price target for NOK is $3.60. The average price target represents a forecasted upside of 12.72% from the current price of $5.19.
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NOK Analyst Ratings Over Time

TypeCurrent Forecast
6/30/24 to 6/30/25
1 Month Ago
5/31/24 to 5/31/25
3 Months Ago
4/1/24 to 4/1/25
1 Year Ago
7/1/23 to 6/30/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$5.85$5.85$5.85$4.42
Forecasted Upside12.72% Upside12.28% Upside9.45% Upside16.80% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

NOK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NOK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Nokia Stock vs. The Competition

TypeNokiaComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.60
2.66
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside13.04% Upside98.72% Upside12.42% Upside
News Sentiment Rating
Neutral News

See Recent NOK News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/21/2025JPMorgan Chase & Co.
2 of 5 stars
Sandeep Deshpande
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Lower TargetOverweight ➝ Overweight$6.35 ➝ $6.30+25.87%
1/16/2025The Goldman Sachs Group
3 of 5 stars
A. Duval
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DowngradeNeutral ➝ Sell$3.60-21.91%
1/6/2025Craig Hallum
2 of 5 stars
C. Schwab
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Boost TargetBuy ➝ Buy$6.00 ➝ $7.00+53.85%
10/18/2024Danske
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 UpgradeHold ➝ Buy
10/18/2024Northland Securities
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 Reiterated RatingOutperform ➝ Outperform$6.50 ➝ $6.50+38.30%
1/19/2024Barclays
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 DowngradeEqual Weight ➝ Underweight
1/12/2024BNP Paribas
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 Initiated CoverageNeutral
12/15/2023Citigroup
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 Reiterated RatingBuy ➝ Sell
12/13/2023Raymond James Financial
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 Lower TargetOutperform ➝ Outperform$4.50 ➝ $4.00+23.84%
12/8/2023Jefferies Financial Group
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 DowngradeBuy ➝ Hold
10/3/2023DNB Markets
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 UpgradeHold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:35 PM ET.


Should I Buy Nokia Stock? NOK Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 26, 2025. Please send any questions or comments about these Nokia pros and cons to contact@marketbeat.com.

Nokia
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Nokia Oyj:

  • Nokia Oyj has recently received upgrades from several research firms, indicating positive sentiment and potential for growth in stock value.
  • The current stock price is around $5.38, which is near its 52-week high, suggesting strong market performance.
  • The company has a diverse range of offerings in mobile, fixed, and cloud network solutions, positioning it well in the technology sector.
  • Institutional investors hold a significant portion of Nokia Oyj's stock, which can indicate confidence in the company's future performance.
  • Nokia Oyj has a relatively low debt-to-equity ratio, suggesting financial stability and lower risk for investors.

Nokia
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Nokia Oyj for these reasons:

  • The payout ratio is high at 112.50%, which may indicate that the company is paying out more in dividends than it earns, potentially unsustainable in the long term.
  • One investment analyst has rated the stock with a sell rating, which could signal caution for potential investors.
  • Despite recent upgrades, the average price target remains around $5.85, suggesting limited upside potential from the current stock price.
  • The stock has experienced fluctuations, with a recent decline of about 0.6%, indicating volatility that may concern risk-averse investors.
  • Market competition in the technology sector is intense, which could impact Nokia Oyj's market share and profitability.

NOK Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Nokia is $5.85, with a high forecast of $7.00 and a low forecast of $3.60.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nokia in the last year. There is currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NOK shares.

According to analysts, Nokia's stock has a predicted upside of 12.72% based on their 12-month stock forecasts.

Analysts like Nokia less than other "computer and technology" companies. The consensus rating score for Nokia is 2.60 while the average consensus rating score for "computer and technology" companies is 2.66. Learn more on how NOK compares to other companies.


This page (NYSE:NOK) was last updated on 6/30/2025 by MarketBeat.com Staff
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