Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
4.240
-0.090 (-2.08%)
At close: Sep 6, 2024, 4:00 PM
4.216
-0.024 (-0.57%)
After-hours: Sep 6, 2024, 7:39 PM EDT
Nokia Oyj Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Nokia Oyj stock have an average target of 4.54, with a low estimate of 3.40 and a high estimate of 6.50. The average target predicts an increase of 7.08% from the current stock price of 4.24.
Analyst Consensus: Hold
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $6 → $6.5 | Buy | Reiterates | $6 → $6.5 | +53.30% | Sep 4, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $4.39 → $4.26 | Hold | Maintains | $4.39 → $4.26 | +0.47% | Apr 16, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $5.1 → $3.4 | Hold | Maintains | $5.1 → $3.4 | -19.81% | Dec 19, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $5.1 → $3.4 | Strong Buy → Hold | Downgrades | $5.1 → $3.4 | -19.81% | Dec 18, 2023 |
| Citigroup | Citigroup | Strong Buy → Strong Sell Downgrades n/a | Strong Buy → Strong Sell | Downgrades | n/a | n/a | Dec 15, 2023 |
Financial Forecast
Revenue This Year
20.99B
from 22.26B
Decreased by -5.69%
Revenue Next Year
20.90B
from 20.99B
Decreased by -0.44%
EPS This Year
0.35
from 0.12
Increased by 191.08%
EPS Next Year
0.33
from 0.35
Decreased by -6.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.9B | 23.3B | 24.0B | |
| Avg | 21.0B | 20.9B | 21.5B | |
| Low | 19.0B | 18.7B | 18.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.0% | 10.8% | 14.8% | |
| Avg | -5.7% | -0.4% | 2.8% | |
| Low | -14.5% | -11.1% | -10.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.41 | 0.40 | 0.43 | |
| Avg | 0.35 | 0.33 | 0.37 | |
| Low | 0.25 | 0.26 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 241.7% | 14.4% | 32.2% | |
| Avg | 191.1% | -6.6% | 12.6% | |
| Low | 112.6% | -24.1% | -14.6% |
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.