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Nokia (NOK) Stock Forecast & Price Target

Nokia logo
$4.56 -0.05 (-0.98%)
Closing price 09/5/2025 03:59 PM Eastern
Extended Trading
$4.57 +0.02 (+0.33%)
As of 09/5/2025 07:53 PM Eastern
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Nokia - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
1
Hold
0
Buy
6

Based on 7 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 7 analysts, 1 has given a sell rating, and 6 have given a buy rating for NOK.

Consensus Price Target

$5.52
21.11% Upside
According to the 7 analysts' twelve-month price targets for Nokia, the average price target is $5.52. 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 21.11% from the current price of $4.56.
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
9/6/24 to 9/6/25
1 Month Ago
8/7/24 to 8/7/25
3 Months Ago
6/8/24 to 6/8/25
1 Year Ago
9/7/23 to 9/6/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
3 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$5.52$5.78$5.85$4.54
Forecasted Upside21.11% Upside41.03% Upside8.13% Upside7.20% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyHold

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
2.71
2.66
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside21.11% Upside67.72% Upside10.35% Upside
News Sentiment Rating
Neutral News

See Recent NOK News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/3/2025BNP Paribas
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Jakob Bluestone
Not Rated
UpgradeHoldOutperform$5.00+14.55%
9/3/2025BNP Paribas Exane
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 UpgradeNeutralOutperform$5.00+17.79%
7/29/2025JPMorgan Chase & Co.
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Lower TargetOverweight$6.50 ➝ $6.00+43.37%
1/16/2025The Goldman Sachs Group
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DowngradeNeutralSell$3.60-21.91%
1/6/2025Craig Hallum
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Boost TargetBuy$6.00 ➝ $7.00+53.85%
10/18/2024Danske
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 UpgradeHoldBuy
10/18/2024Northland Securities
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 Reiterated RatingOutperform$6.50 ➝ $6.50+38.30%
1/19/2024Barclays
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 DowngradeEqual WeightUnderweight
12/15/2023Citigroup
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 Reiterated RatingBuySell
12/13/2023Raymond James Financial
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 Lower TargetOutperform$4.50 ➝ $4.00+23.84%
12/8/2023Jefferies Financial Group
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 DowngradeBuyHold
10/3/2023DNB Markets
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 UpgradeHoldBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:46 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 Monday, September 1, 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:

  • The current stock price is around $4.57, which is near its 50-day moving average, indicating potential stability in the short term.
  • Nokia Oyj reported a revenue increase of 1.8% year-over-year, showcasing its ability to grow even in competitive markets.
  • The company 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.
  • Nokia Oyj has a return on equity of 8.36%, indicating effective management and the ability to generate profits from shareholders' equity.
  • The firm operates in diverse segments, including Network Infrastructure and Cloud Services, which can provide multiple revenue streams and reduce dependency on a single market.

Nokia
Bear Case

red Wall Street bear icon

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

  • The company missed earnings expectations recently, reporting $0.05 EPS compared to the consensus estimate of $0.07, which may raise concerns about its profitability.
  • Nokia Oyj's P/E ratio of 21.48 may indicate that the stock is overvalued compared to its earnings, which could deter value-focused investors.
  • The stock has a beta of 0.90, suggesting it is less volatile than the market, which may not appeal to investors seeking high-risk, high-reward opportunities.
  • Despite a revenue beat, the overall earnings miss could signal underlying issues that may affect future performance.
  • The stock has fluctuated between a one-year low of $3.91 and a high of $5.48, indicating potential volatility that could concern risk-averse investors.

NOK Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Nokia is $5.52, with a high forecast of $7.00 and a low forecast of $3.60.

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nokia in the last year. There is currently 1 sell rating and 6 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 upside of 21.11% based on their 12-month stock forecasts.

Over the previous 90 days, Nokia's stock had 2 upgrades by analysts.

Nokia has been rated by research analysts at BNP Paribas, BNP Paribas Exane, and JPMorgan Chase & Co. in the past 90 days.

Analysts like Nokia more than other "computer and technology" companies. The consensus rating score for Nokia is 2.71 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 9/6/2025 by MarketBeat.com Staff
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