Nokia (NOK) Stock Forecast & Price Target

$4.05 -0.03 (-0.74%)

Closing price 08/1/2025 03:59 PM Eastern

Extended Trading

$4.06 +0.01 (+0.35%)

As of 08/1/2025 07:58 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

Moderate Buy

Based on 5 Analyst Ratings

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

$5.78
42.59% Upside

According to the 5 analysts' twelve-month price targets for Nokia, the average price target is $5.78. 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 42.59% from the current price of $4.05.

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NOK Analyst Ratings Over Time

Type	Current Forecast 8/3/24 to 8/3/25	1 Month Ago 7/4/24 to 7/4/25	3 Months Ago 5/5/24 to 5/5/25	1 Year Ago 8/4/23 to 8/3/24
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	$5.78	$5.85	$5.85	$3.89
Forecasted Upside	42.59% Upside	13.13% Upside	16.77% Upside	0.95% 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.

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.

Nokia Stock vs. The Competition

Type	Nokia	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.60	2.66	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	42.59% Upside	71.81% Upside	14.55% Upside
News Sentiment Rating	Neutral News See Recent NOK News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/29/2025	JPMorgan Chase & Co. 2 of 5 stars	Sandeep Deshpande Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$6.50 ➝ $6.00	+43.37%
1/16/2025	The Goldman Sachs Group 3 of 5 stars	A. Duval Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell	$3.60	-21.91%
1/6/2025	Craig Hallum 2 of 5 stars	C. Schwab Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$6.00 ➝ $7.00	+53.85%
10/18/2024	Danske Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
10/18/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$6.50 ➝ $6.50	+38.30%
1/19/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Equal Weight ➝ Underweight
1/12/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
12/15/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Sell
12/13/2023	Raymond James Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$4.50 ➝ $4.00	+23.84%
12/8/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
10/3/2023	DNB Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:09 AM 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, July 31, 2025. Please send any questions or comments about these Nokia pros and cons to contact@marketbeat.com.

Nokia
Bull Case

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

The current stock price is around $5.00, which is near its one-year high of $5.48, indicating strong market performance.
Nokia Oyj has a low debt-to-equity ratio of 0.12, suggesting a strong balance sheet and lower financial risk, which can be attractive to investors.
The company recently increased its dividend to $0.0336 per share, reflecting a commitment to returning value to shareholders and indicating financial health.
Nokia Oyj has a market capitalization of approximately $25.64 billion, positioning it as a significant player in the technology sector, which can attract institutional investors.
The firm has a positive current ratio of 1.36, indicating that it has sufficient assets to cover its short-term liabilities, which is a sign of good liquidity.

Nokia
Bear Case

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

The company reported a decline in revenue of 1.2% year-over-year, which may indicate challenges in maintaining growth.
Nokia Oyj's price-to-earnings (P/E) ratio is relatively high at 31.77, suggesting that the stock may be overvalued compared to its earnings, which could deter value investors.
The payout ratio is currently at 80.00%, indicating that a significant portion of earnings is being paid out as dividends, which may limit reinvestment in the business.
Recent earnings results showed that the company missed analysts' expectations for earnings per share, which could raise concerns about its profitability.
Institutional ownership is relatively low at 5.28%, which may suggest a lack of confidence from larger investors in the company's future prospects.

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 $5.78, 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 twelve months. 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 42.59% based on their 12-month stock forecasts.
: Nokia has been rated by research analysts at JPMorgan Chase & Co. in the past 90 days.
: 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.

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This page (NYSE:NOK) was last updated on 8/3/2025 by MarketBeat.com Staff

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Nokia (NOK) Stock Forecast & Price Target