Nokia Oyj (NOK)
NYSE: NOK · IEX Real-Time Price · USD
3.650
+0.030 (0.83%)
At close: Jul 19, 2024, 4:00 PM
3.750
+0.100 (2.74%)
Pre-market: Jul 22, 2024, 7:43 AM 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 4.42, with a low estimate of 3.40 and a high estimate of 6.00. The average target predicts an increase of 21.10% from the current stock price of 3.65.
Analyst Consensus: Hold
* Price targets were last updated on Apr 16, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 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 $4.39 → $4.26 | Hold | Maintains | $4.39 → $4.26 | +16.71% | Apr 16, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $5.1 → $3.4 | Hold | Maintains | $5.1 → $3.4 | -6.85% | Dec 19, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $5.1 → $3.4 | Strong Buy → Hold | Downgrades | $5.1 → $3.4 | -6.85% | Dec 18, 2023 |
| Citigroup | Citigroup | Strong Buy → Strong Sell Downgrades n/a | Strong Buy → Strong Sell | Downgrades | n/a | n/a | Dec 15, 2023 |
| Raymond James | Raymond James | Buy Maintains $4.5 → $4 | Buy | Maintains | $4.5 → $4 | +9.59% | Dec 13, 2023 |
Financial Forecast
Revenue This Year
22.12B
from 22.26B
Decreased by -0.62%
Revenue Next Year
22.25B
from 22.12B
Increased by 0.57%
EPS This Year
0.35
from 0.12
Increased by 194.53%
EPS Next Year
0.34
from 0.35
Decreased by -3.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.5B | 23.9B | 24.8B | 23.1B |
| Avg | 22.1B | 22.2B | 22.6B | 22.7B |
| Low | 19.7B | 20.0B | 20.2B | 21.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.8% | 8.2% | 11.3% | 2.0% |
| Avg | -0.6% | 0.6% | 1.8% | 0.1% |
| Low | -11.4% | -9.6% | -9.3% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.40 | 0.41 | 0.43 | 0.39 |
| Avg | 0.35 | 0.34 | 0.37 | 0.38 |
| Low | 0.29 | 0.28 | 0.27 | 0.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 232.5% | 15.9% | 25.8% | 5.2% |
| Avg | 194.5% | -3.2% | 8.9% | 3.2% |
| Low | 145.0% | -20.4% | -20.7% | -1.9% |
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.