Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
4.690
+0.020 (0.43%)
Nov 5, 2024, 10:21 AM EST - Market open
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 a decrease of -2.77% from the current stock price of 4.69.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '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 |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $4.36 → $4.35 | Hold | Maintains | $4.36 → $4.35 | -7.25% | Oct 21, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +38.59% | Oct 18, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $6 → $6.5 | Buy | Reiterates | $6 → $6.5 | +38.59% | Sep 4, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $4.39 → $4.26 | Hold | Maintains | $4.39 → $4.26 | -9.17% | Apr 16, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $5.1 → $3.4 | Hold | Maintains | $5.1 → $3.4 | -27.51% | Dec 19, 2023 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -7.6% | 10.6% | 12.4% | |
| Avg | -11.5% | 0.9% | 2.5% | |
| Low | -17.7% | -9.4% | -9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.