Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
5.35
+0.04 (0.66%)
Jun 3, 2025, 1:02 PM - Market open
Nokia Oyj Stock Forecast
Stock Price Forecast
According to 3 professional analysts, the 12-month price target for Nokia Oyj stock ranges from a low of $6.30 to a high of $7.00. The average analyst price target of $6.60 forecasts a 23.48% increase in the stock price over the next year.
Price Target: $6.60 (+23.48%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 21, 2025.
Analyst Ratings
The average analyst rating for Nokia Oyj stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $6.35 → $6.3 | Buy | Maintains | $6.35 → $6.3 | +17.87% | Feb 21, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +30.96% | Jan 6, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $4.35 → $6.35 | Hold → Buy | Upgrades | $4.35 → $6.35 | +18.80% | Dec 9, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $4.36 → $4.35 | Hold | Maintains | $4.36 → $4.35 | -18.62% | Oct 21, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +21.61% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
20.96B
from 19.22B
Increased by 9.03%
Revenue Next Year
21.67B
from 20.96B
Increased by 3.40%
EPS This Year
0.32
from 0.23
Increased by 40.70%
EPS Next Year
0.37
from 0.32
Increased by 13.47%
Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 23.4B | 23.4B | 24.0B | ||
| Avg | 21.0B | 21.7B | 22.1B | ||
| Low | 18.9B | 19.6B | 19.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.0% | 11.8% | 10.9% | ||
| Avg | 9.0% | 3.4% | 2.1% | ||
| Low | -1.7% | -6.5% | -9.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 0.36 | 0.42 | 0.46 | |
| Avg | 0.32 | 0.37 | 0.40 | |
| Low | 0.26 | 0.25 | 0.29 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 55.2% | 29.8% | 25.8% | |
| Avg | 40.7% | 13.5% | 7.8% | |
| Low | 15.0% | -21.3% | -19.9% |
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.