Nokia Oyj (NOK)
NYSE: NOK · Real-Time Price · USD
12.90
+0.95 (7.95%)
At close: Jul 9, 2026, 4:00 PM EDT
13.00
+0.09 (0.74%)
After-hours: Jul 9, 2026, 6:47 PM EDT

Nokia Oyj Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Nokia Oyj stock has a consensus rating of "Buy" and an average price target of $14.89. The average 1-year stock price forecast is 15.43% higher than the current stock price, while the lowest is $8.50 (-34.11%) and the highest is $21 (+62.79%).

Price Target: $14.89 (+15.43%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$8.50$14.89$15$21
Change-34.11%+15.43%+16.28%+62.79%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy224444
Buy344444
Hold342222
Sell100000
Strong Sell111111
Total101111111111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$14$21
BuyMaintains$14$21+62.79%Jun 12, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$13$16
BuyMaintains$13$16+27.07%Jun 8, 2026
Argus Research
Argus Research
Buy
Upgrades
$15
BuyUpgrades$15+16.28%Apr 25, 2026
Northland Securities
Northland Securities
Buy
Reiterates
$13
BuyReiterates$13+0.78%Apr 24, 2026
Nordea Markets
Nordea Markets
Buy
Upgrades
n/a
BuyUpgradesn/an/aApr 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
20.86B
from 19.89B
Increased by 4.89%
Revenue Next Year
22.06B
from 20.86B
Increased by 5.77%
EPS This Year
0.34
from 0.29
Increased by 16.11%
EPS Next Year
0.40
from 0.34
Increased by 18.97%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
22.20B23.76B21.14B19.22B19.89B20.86B
Revenue Growth
1.60%7.02%-11.04%-9.07%3.48%4.89%
Gross Profit
8.83B10.19B8.70B9.04B8.88B9.55B
Gross Margin
39.79%42.87%41.14%47.06%44.65%45.79%
Operating Income
1.80B2.71B2.02B2.30B1.54B2.38B
Net Income
1.62B4.25B665.00M1.28B651.00M1.46B
EPS
----0.290.34
EPS Growth
-----25.64%16.11%
Forward PE
-----33.52
Dividend / Share
0.080.120.130.140.140.15
Dividend Growth
-50.00%8.33%7.69%-7.30%
Free Cash Flow
2.24B1.31B941.13M2.75B499.13M1.76B
No. Analysts
-----24
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High21.8B
Avg20.9B
Low20.3B

Revenue Growth

Revenue Growth202620272028
High
9.4%
Avg
4.9%
Low
1.9%

EPS Forecast

EPS202620272028
High0.39
Avg0.34
Low0.30

EPS Growth

EPS Growth202620272028
High
34.5%
Avg
16.1%
Low
3.4%