Nokia (NOK) Stock Forecast & Price Target

$13.42 +0.29 (+2.17%)

Closing price 05/5/2026 03:59 PM Eastern

Extended Trading

$13.20 -0.23 (-1.71%)

As of 05/5/2026 08:00 PM Eastern

Compare

Nokia - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 18 Analyst Ratings

Sell
2

Hold
4

Buy
12

Based on 18 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 18 analysts, 2 have given a sell rating, 4 have given a hold rating, and 12 have given a buy rating for NOK.

Consensus Price Target

$9.71
-27.67% Downside

According to the 18 analysts' twelve-month price targets for Nokia, the average price target is $9.71. The highest price target for NOK is $15.00, while the lowest price target for NOK is $5.00. The average price target represents a forecasted downside of -27.67% from the current price of $13.43.

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.

Get the Latest News and Ratings for NOK and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Nokia and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

NOK Analyst Ratings Over Time

Type	Current Forecast 5/6/25 to 5/6/26	1 Month Ago 4/6/25 to 4/6/26	3 Months Ago 2/5/25 to 2/5/26	1 Year Ago 5/6/24 to 5/6/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	12 Buy rating(s)	8 Buy rating(s)	9 Buy rating(s)	4 Buy rating(s)
Hold	4 Hold rating(s)	6 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)
Sell	2 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$9.71	$7.01	$6.77	$5.85
Forecasted Upside	-27.67% Downside	-20.88% Downside	-1.42% Downside	16.42% Upside
Consensus Rating	Moderate Buy	Hold	Moderate Buy	Moderate Buy

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	2.56	2.30	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-27.67% Downside	156.90% Upside	14.74% 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

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
4/29/2026	Barclays 3 of 5 stars		Reiterated Rating	Underweight
4/29/2026	Arete Research Not Rated		Upgrade	Neutral ➝ Buy
4/28/2026	Morgan Stanley 3 of 5 stars		Reiterated Rating	Overweight
4/27/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jim Kelleher Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$15.00	+43.61%
4/24/2026	Nordea Equity Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
4/20/2026	Northland Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$13.00	+22.82%
4/13/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$12.40	+31.01%
3/30/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Sell ➝ Neutral
2/24/2026	Danske Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
2/2/2026	Santander Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
Get the Latest News and Ratings for NOK and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Nokia and its competitors with MarketBeat's FREE daily newsletter.
1/23/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Sell
1/7/2026	Kepler Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
12/22/2025	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold (C)
12/1/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sandeep Deshpande Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$7.10 ➝ $8.00	+30.40%
11/20/2025	New Street Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$6.57	+10.98%
10/28/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Neutral
10/28/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Janardan Menon Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy
10/23/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
10/15/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
9/3/2025	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$5.00	+17.79%
1/6/2025	Craig Hallum Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christian Schwab Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$6.00 ➝ $7.00	+53.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:23 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 Sunday, May 3, 2026. 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:

Nokia Oyj has a strong focus on network infrastructure and cloud services, which are critical as global demand for high-speed internet and connectivity continues to rise.
The company has successfully transitioned from its historical mobile phone manufacturing to becoming a leader in telecommunications technology, enhancing its market position.
Nokia Oyj's recent acquisition of Alcatel-Lucent has strengthened its research and development capabilities, particularly with the integration of Bell Labs, which is known for innovation in technology.
The current stock price is around $5, reflecting a stable investment opportunity in the telecommunications sector, which is expected to grow significantly in the coming years.
Nokia Oyj's diverse product offerings, including advanced optical networks and cloud services, position it well to capitalize on emerging trends in digital industries and government contracts.

Nokia
Bear Case

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

Despite its strong market position, Nokia Oyj faces intense competition from other telecommunications companies, which could impact its market share and profitability.
The company has experienced fluctuations in stock performance, which may indicate volatility and uncertainty in its financial stability.
Nokia Oyj's shift away from consumer electronics may alienate some investors who prefer companies with a broader product portfolio.
Recent global supply chain challenges could affect Nokia Oyj's ability to deliver products and services on time, potentially impacting revenue.
Investors may be concerned about the company's reliance on government contracts, which can be subject to political changes and budget constraints.

NOK Forecast - Frequently Asked Questions

: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Nokia is $9.71, with a high forecast of $15.00 and a low forecast of $5.00.
: 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nokia in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 12 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 downside of -27.67% based on their 12-month stock forecasts.
: Over the previous 90 days, Nokia's stock had 6 upgrades and 2 downgrades by analysts.
: Nokia has been rated by research analysts at Arete Research, Argus, Bank of America, Barclays, Danske, Morgan Stanley, Nordea Equity Research, Northland Securities, and The Goldman Sachs Group in the past 90 days.
: Analysts like Nokia more than other "computer and technology" companies. The consensus rating for Nokia is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how NOK compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Nokia Recommendations

This page (NYSE:NOK) was last updated on 5/6/2026 by MarketBeat.com Staff.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Nokia (NOK) Stock Forecast & Price Target

Nokia - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

NOK Analyst Ratings Over Time

NOK Analyst Recommendations By Month

NOK Price Targets by Month

Nokia Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Nokia Stock? NOK Pros and Cons Explained

Nokia
Bull Case

Nokia
Bear Case

NOK Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Nokia Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Nokia (NOK) Stock Forecast & Price Target

Nokia - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

NOK Analyst Ratings Over Time

NOK Analyst Recommendations By Month

NOK Price Targets by Month

Nokia Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Nokia Stock? NOK Pros and Cons Explained

Nokia Bull Case

Nokia Bear Case

NOK Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Nokia Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Nokia
Bull Case

Nokia
Bear Case