Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
4.130
-0.120 (-2.82%)
Nov 21, 2024, 4:00 PM EST - Market closed

Nokia Oyj Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Nokia Oyj stock have an average target of 4.56, with a low estimate of 3.40 and a high estimate of 6.50. The average target predicts an increase of 10.41% from the current stock price of 4.13.

Analyst Consensus: Hold
Target Low Average Median High
Price $3.40 $4.56 $4.35 $6.50
Change -17.68% +10.41% +5.33% +57.38%
* Price targets were last updated on Oct 21, 2024.

Analyst Ratings

The average analyst rating for Nokia Oyj stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 222222
Hold 222222
Sell 000000
Strong Sell 111111
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$4.36$4.35
Hold Maintains $4.36$4.35 +5.33% Oct 21, 2024
Northland Capital Markets
Northland Capital Markets
Buy
Reiterates
$6.5
Buy Reiterates $6.5 +57.38% Oct 18, 2024
Northland Capital Markets
Northland Capital Markets
Buy
Reiterates
$6$6.5
Buy Reiterates $6$6.5 +57.38% Sep 4, 2024
JP Morgan
JP Morgan
Hold
Maintains
$4.39$4.26
Hold Maintains $4.39$4.26 +3.15% Apr 16, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$5.1$3.4
Hold Maintains $5.1$3.4 -17.68% Dec 19, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
19.69B
from 22.26B
Decreased by -11.54%
Revenue Next Year
19.86B
from 19.69B
Increased by 0.88%
EPS This Year
0.33
from 0.12
Increased by 175.23%
EPS Next Year
0.33
from 0.33
Decreased by -1.45%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
23.32B21.85B22.20B24.91B22.26B19.69B19.86B20.37B
Revenue Growth
3.33%-6.27%1.60%12.20%-10.65%-11.54%0.88%2.55%
EPS
0.00-0.450.290.750.120.330.330.35
EPS Growth
---159.70%-83.99%175.23%-1.45%8.31%
Forward PE
-----11.9512.1311.20
No. Analysts -----262622
Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 20.6B 21.8B 22.3B
Avg 19.7B 19.9B 20.4B
Low 18.3B 17.8B 17.9B

Revenue Growth

Revenue Growth 2024202520262027
High
-7.6%
10.6%
12.4%
Avg
-11.5%
0.9%
2.5%
Low
-17.7%
-9.4%
-9.8%

EPS Forecast

EPS 2024202520262027
High 0.40 0.42 0.41
Avg 0.33 0.33 0.35
Low 0.21 0.26 0.29

EPS Growth

EPS Growth 2024202520262027
High
233.0%
27.3%
26.0%
Avg
175.2%
-1.4%
8.3%
Low
71.7%
-21.6%
-11.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.