Nokia Oyj (HEL:NOKIA)
Finland flag Finland · Delayed Price · Currency is EUR
8.66
+0.25 (2.93%)
Sep 4, 2026, 6:30 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 €10.58. The average 1-year stock price forecast is 22.23% higher than the current stock price, while the lowest is €4.65 (-46.28%) and the highest is €18.00 (+107.95%).

Price Target: €10.58 (+22.23%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price€4.65€10.58€11.05€18.00
Change-46.28%+22.23%+27.66%+107.95%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy588899
Buy433333
Hold966644
Sell123333
Strong Sell343344
Total222323232323

Financial Forecast

Revenue This Year
20.78B
from 19.89B
Increased by 4.47%
Revenue Next Year
22.19B
from 20.78B
Increased by 6.78%
EPS This Year
0.34
from 0.29
Increased by 17.82%
EPS Next Year
0.41
from 0.34
Increased by 18.71%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
22.20B23.76B21.14B19.22B19.89B20.78B
Revenue Growth
1.60%7.02%-11.04%-9.07%3.48%4.47%
Gross Profit
8.83B10.19B8.70B9.04B8.88B9.52B
Gross Margin
39.79%42.87%41.14%47.06%44.65%45.82%
Operating Income
1.80B2.71B2.02B2.30B1.54B2.40B
Net Income
1.62B4.25B665.00M1.28B651.00M1.21B
EPS
----0.290.34
EPS Growth
-----25.64%17.82%
Forward PE
17.549.898.8213.0018.0025.33
Dividend / Share
0.080.120.130.140.140.15
Dividend Growth
-50.00%8.33%7.69%-7.86%
Free Cash Flow
2.24B1.31B941.13M2.75B499.13M1.45B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High21.5B
Avg20.8B
Low20.3B

Revenue Growth

Revenue Growth202620272028
High
8.3%
Avg
4.5%
Low
1.9%

EPS Forecast

EPS202620272028
High0.38
Avg0.34
Low0.31

EPS Growth

EPS Growth202620272028
High
31.0%
Avg
17.8%
Low
7.6%