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Nokia (NOK) Stock Forecast & Price Target

Nokia logo
$15.47 0.00 (-0.02%)
Closing price 05/22/2026 03:59 PM Eastern
Extended Trading
$15.46 0.00 (-0.02%)
As of 05/22/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

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

Consensus Rating

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
-37.22% 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 -37.22% from the current price of $15.47.
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.
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NOK Analyst Ratings Over Time

TypeCurrent Forecast
5/26/25 to 5/26/26
1 Month Ago
4/26/25 to 4/26/26
3 Months Ago
2/25/25 to 2/25/26
1 Year Ago
5/26/24 to 5/26/25
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)
10 Buy rating(s)
8 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
6 Hold rating(s)
4 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$8.83$7.01$5.85
Forecasted Upside-37.22% Downside-15.48% Downside-7.41% Downside9.76% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate 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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Nokia Stock vs. The Competition

TypeNokiaComputer and Technology CompaniesBroader Market
Consensus Rating Score
2.56
2.29
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-37.22% Downside156.70% Upside15.09% Upside
News Sentiment Rating
Positive News

See Recent NOK News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
5/22/2026
Morgan Stanley logo
Morgan Stanley
3 of 5 stars
 Reiterated RatingOverweight
5/15/2026 Reiterated RatingBuy
4/29/2026
Barclays PLC logo
Barclays
3 of 5 stars
 Reiterated RatingUnderweight
4/29/2026 UpgradeNeutralBuy
4/27/2026UpgradeHoldBuy$15.00+43.61%
4/24/2026 UpgradeHoldBuy
4/20/2026 Set Target$13.00+22.82%
4/13/2026 UpgradeNeutralBuy$12.40+31.01%
3/30/2026 UpgradeSellNeutral
2/24/2026 DowngradeBuyHold
2/2/2026 UpgradeNeutralOutperform
1/23/2026 Reiterated RatingSell
1/7/2026 UpgradeHoldBuy
12/22/2025 Reiterated RatingHold (C)
12/1/2025Boost TargetOverweight$7.10 ➝ $8.00+30.40%
11/20/2025 Set Target$6.57+10.98%
10/28/2025 Reiterated RatingNeutral
10/28/2025UpgradeHoldBuy
10/23/2025 Reiterated RatingOutperform
9/3/2025 UpgradeNeutralOutperform$5.00+17.79%
1/6/2025Boost TargetBuy$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 Tuesday at 04:04 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, May 21, 2026. 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 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 $5.50, making it an attractive entry point for investors looking for potential growth in the telecommunications sector.
  • Nokia Oyj is actively involved in developing 5G technology, positioning itself well to capitalize on the increasing rollout of 5G networks worldwide.

Nokia
Bear Case

red Wall Street bear icon

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

  • The competitive landscape in the telecommunications sector is intense, with major players like Ericsson and Huawei posing significant challenges to Nokia Oyj's market share.
  • Nokia Oyj has faced fluctuations in revenue due to varying demand for its products and services, which can lead to uncertainty in financial performance.
  • Recent reports indicate that the company has struggled with supply chain issues, which could impact its ability to deliver products on time and meet customer expectations.
  • Investors may be concerned about the company's reliance on government contracts, which can be subject to political changes and budget constraints.
  • Despite its advancements, Nokia Oyj's stock performance has been volatile, which may deter risk-averse investors looking for stable returns.

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 equities research 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 equities research analysts is that investors should "moderate buy" NOK shares.

According to analysts, Nokia's stock has a predicted downside of -37.22% based on their 12-month stock forecasts.

Over the previous 90 days, Nokia's stock had 5 upgrades and 1 downgrade by analysts.

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.


This page (NYSE:NOK) was last updated on 5/26/2026 by MarketBeat.com Staff.
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