Nokia Oyj (HEL:NOKIA)
Finland flag Finland · Delayed Price · Currency is EUR
12.54
-0.43 (-3.32%)
Jun 15, 2026, 6:29 PM EET

Nokia Oyj Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Nokia Oyj stock has a consensus rating of "Hold" and an average price target of €10.24. The average 1-year stock price forecast is 18.31% lower than the current stock price, while the lowest is €4.65 (-62.90%) and the highest is €18.00 (+43.60%).

Price Target: €10.24 (-18.31%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price€4.65€10.24€10.25€18.00
Change-62.90%-18.31%-18.23%+43.60%

Analyst Ratings

The average analyst rating for Nokia Oyj stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy885888
Buy444333
Hold669666
Sell221233
Strong Sell223433
Total222222232323

Financial Forecast

Revenue This Year
20.83B
from 19.89B
Increased by 4.75%
Revenue Next Year
22.00B
from 20.83B
Increased by 5.60%
EPS This Year
0.34
from 0.29
Increased by 15.91%
EPS Next Year
0.39
from 0.34
Increased by 17.10%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
22.20B23.76B21.14B19.22B19.89B20.83B
Revenue Growth
1.60%7.02%-11.04%-9.07%3.48%4.75%
Gross Profit
8.83B10.19B8.70B9.04B8.88B9.53B
Gross Margin
39.79%42.87%41.14%47.06%44.65%45.76%
Operating Income
1.80B2.71B2.02B2.30B1.54B2.36B
Net Income
1.62B4.25B665.00M1.28B651.00M1.45B
EPS
----0.290.34
EPS Growth
-----25.64%15.91%
Forward PE
17.549.898.8213.0018.0037.29
Dividend / Share
0.080.120.130.140.140.15
Dividend Growth
-50.00%8.33%7.69%-7.30%
Free Cash Flow
2.24B1.31B941.13M2.75B499.13M1.69B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High21.8B
Avg20.8B
Low20.3B

Revenue Growth

Revenue Growth202620272028
High
9.4%
Avg
4.8%
Low
1.9%

EPS Forecast

EPS202620272028
High0.38
Avg0.34
Low0.30

EPS Growth

EPS Growth202620272028
High
31.3%
Avg
15.9%
Low
3.4%