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Nokia (NOK) Stock Forecast & Price Target

Nokia logo
$5.18 +0.01 (+0.19%)
Closing price 10/9/2025 03:59 PM Eastern
Extended Trading
$5.28 +0.10 (+1.83%)
As of 06:00 AM Eastern
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Nokia - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
1
Hold
1
Buy
6

Based on 8 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 8 analysts, 1 has given a sell rating, 1 has given a hold rating, and 6 have given a buy rating for NOK.

Consensus Price Target

$5.52
6.50% Upside
According to the 8 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 6.50% from the current price of $5.18.
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
10/10/24 to 10/10/25
1 Month Ago
9/10/24 to 9/10/25
3 Months Ago
7/12/24 to 7/12/25
1 Year Ago
10/11/23 to 10/10/24
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)
6 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
Hold
1 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$5.52$5.85$4.54
Forecasted Upside6.50% Upside20.85% Upside17.47% Upside2.83% 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
2.63
2.31
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside6.50% Upside53.62% Upside172.89% Upside
News Sentiment Rating
Neutral News

See Recent NOK News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/8/2025Weiss Ratings
0 of 5 stars
 Reiterated RatingHold (C)
9/3/2025BNP Paribas
4 of 5 stars
Jakob Bluestone
Not Rated
UpgradeHoldOutperform$5.00+14.55%
9/3/2025BNP Paribas Exane
0 of 5 stars
 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

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:55 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 Wednesday, October 8, 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 $4.39, which is near its 52-week low of $3.91, potentially offering a buying opportunity for investors looking for value.
  • Nokia Oyj reported a revenue increase of 1.8% compared to the same quarter last year, indicating growth in its business operations.
  • The company has a relatively low debt-to-equity ratio of 0.12, suggesting a strong balance sheet and lower financial risk, which can be attractive to conservative investors.
  • Nokia Oyj has a market capitalization of approximately $26 billion, positioning it as a significant player in the technology sector, which can provide stability and investor confidence.
  • The firm has a current ratio of 1.46, indicating that it has more current assets than current liabilities, which is a sign of good short-term financial health.

Nokia
Bear Case

red Wall Street bear icon

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

  • Nokia Oyj's earnings per share (EPS) of $0.05 for the last quarter missed analysts' expectations, which may raise concerns about its profitability and future earnings potential.
  • The company has a price-to-earnings (P/E) ratio of 24.18, which may be considered high compared to industry averages, suggesting that the stock could be overvalued.
  • Despite a revenue increase, the net margin of 5.30% indicates that the company may be facing challenges in maintaining profitability, which could deter potential investors.
  • Recent institutional inflows have been modest, with only a small percentage of the company's stock owned by institutional investors, which may indicate a lack of confidence from larger market players.
  • Nokia Oyj recently cut its dividend, which could signal financial strain and may disappoint income-focused investors looking for reliable returns.

NOK Forecast - Frequently Asked Questions

According to the research reports of 8 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.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nokia in the last year. There is currently 1 sell rating, 1 hold rating and 6 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 6.50% 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, JPMorgan Chase & Co., and Weiss Ratings 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.


This page (NYSE:NOK) was last updated on 10/10/2025 by MarketBeat.com Staff
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