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Nokia Oyj has a consensus price target of $5.45 based on the ratings of 11 analysts. The high is $7 issued by Craig-Hallum on January 6, 2025. The low is $3.4 issued by Goldman Sachs on December 19, 2023. The 3 most-recent analyst ratings were released by Craig-Hallum, JP Morgan, and JP Morgan on January 6, 2025, December 9, 2024, and October 21, 2024, respectively. With an average price target of $5.9 between Craig-Hallum, JP Morgan, and JP Morgan, there's an implied 28.52% upside for Nokia Oyj from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nokia (NYSE:NOK) was reported by Craig-Hallum on January 6, 2025. The analyst firm set a price target for $7.00 expecting NOK to rise to within 12 months (a possible 52.49% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Nokia (NYSE:NOK) was provided by Craig-Hallum, and Nokia maintained their buy rating.
The last upgrade for Nokia Oyj happened on December 9, 2024 when JP Morgan raised their price target to $6.35. JP Morgan previously had a neutral for Nokia Oyj.
The last downgrade for Nokia Oyj happened on December 18, 2023 when Goldman Sachs changed their price target from $5.1 to $3.4 for Nokia Oyj.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nokia, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nokia was filed on January 6, 2025 so you should expect the next rating to be made available sometime around January 6, 2026.
While ratings are subjective and will change, the latest Nokia (NOK) rating was a maintained with a price target of $6.00 to $7.00. The current price Nokia (NOK) is trading at is $4.59, which is out of the analyst’s predicted range.
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