NYSE:NOK

Nokia Oyj (NOK) Price Target & Analyst Ratings

$4.05

+0.04 (+1.00%)

(As of 06/1/2023 ET)

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Today's Range: $4.01
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$4.08
50-Day Range: $3.94
▼
$4.94
52-Week Range: $3.93
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$5.28

Volume: 15.48 million shs
Average Volume: 17.57 million shs
Market Capitalization: $22.81 billion

P/E Ratio: 5.13
Dividend Yield: 2.22%
Price Target: $5.73

Nokia Oyj Consensus Rating and Price Target (2023)

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 Analyst Rating

Moderate Buy
Based on 12 Analyst Ratings

Consensus Analyst Price Target

$6.35
56.79% Upside

High Prediction	$6.70
Average Prediction	$6.35
Low Prediction	$6.00

Type	Current 6/1/22 to 6/1/23	1 Month Ago 5/2/22 to 5/2/23	3 Months Ago 3/3/22 to 3/3/23	1 Year Ago 6/1/21 to 6/1/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
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)	7 Buy rating(s)	8 Buy rating(s)	13 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$6.35	$6.35	$6.85	$7.23
Predicted Upside	56.79% Upside	48.31% Upside	52.96% Upside	32.13% Upside

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NOK Analyst Ratings 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 Oyj Stock vs. The Competition

Type	Nokia Oyj	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.50	2.55	2.49
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	56.79% Upside	364.58% Upside	202.93% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Historical Target Prices and 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
4/21/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$7.00 ➝ $6.00	+42.18%
1/31/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
1/17/2023	DNB Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
11/9/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	€6.00 ➝ €5.50
11/8/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight
10/25/2022	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	€5.80 ➝ €5.40
10/24/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		€5.60 ➝ €5.30
9/26/2022	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Joseph Zhou Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$6.70	+58.39%
9/15/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
7/22/2022	Cheuvreux Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
7/22/2022	Kepler Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
6/14/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy

(Data available from 6/1/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

NOK Price Target - Frequently Asked Questions

What is Nokia Oyj's consensus rating and price target?: According to the issued ratings of 12 analysts in the last year, the consensus rating for Nokia Oyj stock is Moderate Buy based on the current 6 hold ratings and 6 buy ratings for NOK. The average twelve-month price prediction for Nokia Oyj is $6.35 with a high price target of $6.70 and a low price target of $6.00. Learn more on NOK's analyst rating history.
Do Wall Street analysts like Nokia Oyj more than its competitors?: Analysts like Nokia Oyj less than other Computer and Technology companies. The consensus rating for Nokia Oyj is Moderate Buy while the average consensus rating for computer and technology companies is Buy. Learn more on how NOK compares to other companies.
Does Nokia Oyj's stock price have much upside?: According to analysts, Nokia Oyj's stock has a predicted upside of 48.31% based on their 12-month price targets.

What analysts cover Nokia Oyj?: Nokia Oyj has been rated by Raymond James in the past 90 days.

Stock Ratings Reports and Tools

This page (NYSE:NOK) was last updated on 6/1/2023 by MarketBeat.com Staff

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