Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
4.940
-0.050 (-1.00%)
Feb 21, 2025, 4:00 PM EST - Market closed
Nokia Oyj Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Nokia Oyj stock have an average target of 6.62, with a low estimate of 6.35 and a high estimate of 7.00. The average target predicts an increase of 34.01% from the current stock price of 4.94.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 6, 2025.
Analyst Ratings
The average analyst rating for Nokia Oyj stock from 3 stock analysts 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 2 | 2 | 2 | 3 | 2 | 2 |
| Hold | 2 | 2 | 2 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +41.70% | Jan 6, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $4.35 → $6.35 | Hold → Buy | Upgrades | $4.35 → $6.35 | +28.54% | Dec 9, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $4.36 → $4.35 | Hold | Maintains | $4.36 → $4.35 | -11.94% | Oct 21, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +31.58% | Oct 18, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $6 → $6.5 | Buy | Reiterates | $6 → $6.5 | +31.58% | Sep 4, 2024 |
Financial Forecast
Revenue This Year
20.08B
from 19.22B
Increased by 4.46%
Revenue Next Year
20.59B
from 20.08B
Increased by 2.57%
EPS This Year
0.33
from 0.23
Increased by 40.90%
EPS Next Year
0.36
from 0.33
Increased by 10.25%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 21.7B | 22.5B | 23.0B | |
| Avg | 20.1B | 20.6B | 21.2B | |
| Low | 17.6B | 17.7B | 18.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 13.1% | 11.9% | 11.6% | |
| Avg | 4.5% | 2.6% | 2.9% | |
| Low | -8.5% | -11.7% | -9.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.42 | 0.41 | 0.46 |
| Avg | 0.33 | 0.36 | 0.39 |
| Low | 0.26 | 0.28 | 0.31 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 80.4% | 24.8% | 27.8% |
| Avg | 40.9% | 10.2% | 7.0% |
| Low | 13.7% | -13.4% | -14.9% |
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.