Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
9.14
-0.43 (-4.49%)
At close: Oct 16, 2026, 4:00 PM EDT
9.13
-0.02 (-0.16%)
After-hours: Oct 16, 2026, 7:59 PM EDT

Nokia Oyj Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Nokia Oyj stock has a consensus rating of "Buy" and an average price target of $14.97. The average 1-year stock price forecast is 63.79% higher than the current stock price, while the lowest is $8.50 (-7.00%) and the highest is $21 (+129.76%).

Price Target: $14.97 (+63.79%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$8.50$14.97$15$21
Change-7.00%+63.79%+64.11%+129.76%
* Price targets were last updated on Sep 17, 2026.

Analyst Ratings

The average analyst rating for Nokia Oyj stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444477
Buy444444
Hold112112
Sell000110
Strong Sell110000
Total101010101313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
B. Riley Securities
B. Riley Securities
Buy
Initiates
$15
BuyInitiates$15+64.11%Sep 17, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 15, 2026
Rosenblatt Securities
Rosenblatt Securities
Buy
Initiates
$15
BuyInitiates$15+64.11%Sep 14, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$21
BuyMaintains$21+129.76%Aug 19, 2026
Argus Research
Argus Research
Buy
Reiterates
$15
BuyReiterates$15+64.11%Jul 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
20.77B
from 19.89B
Increased by 4.45%
Revenue Next Year
22.22B
from 20.77B
Increased by 6.95%
EPS This Year
0.34
from 0.29
Increased by 18.43%
EPS Next Year
0.41
from 0.34
Increased by 18.92%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
22.20B23.76B21.14B19.22B19.89B20.77B
Revenue Growth
1.60%7.02%-11.04%-9.07%3.48%4.45%
Gross Profit
8.83B10.19B8.70B9.04B8.88B9.55B
Gross Margin
39.79%42.87%41.14%47.06%44.65%45.96%
Operating Income
1.80B2.71B2.02B2.30B1.54B2.40B
Net Income
1.62B4.25B665.00M1.28B651.00M1.18B
EPS
----0.290.34
EPS Growth
-----25.64%18.43%
Forward PE
-----23.69
Dividend / Share
0.080.120.130.140.140.15
Dividend Growth
-50.00%8.33%7.69%-8.33%
Free Cash Flow
----1.47B1.31B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High21.5B
Avg20.8B
Low20.3B

Revenue Growth

Revenue Growth202620272028
High
8.3%
Avg
4.4%
Low
1.9%

EPS Forecast

EPS202620272028
High0.38
Avg0.34
Low0.31

EPS Growth

EPS Growth202620272028
High
31.0%
Avg
18.4%
Low
7.6%