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Nokia

NOKNYSE
$3.67
-0.02-0.50%
At close: Jul 24, 7:42 PM EDT
$3.65
-0.02-0.50%
After Hours: 7:42 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Thu Jul 18th, before the market open
The most recent conference call was at 4:30 AM, 7 days ago Click to view past webcast
Consensus Rating1
Outperform
Highest Price Target1
$8.00
Lowest Price Target1
$3.40
Consensus Price Target1
$5.13

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Nokia (NYSE:NOK) Stock, Analyst Ratings, Price Targets, Forecasts

Nokia Oyj has a consensus price target of $5.13 based on the ratings of 11 analysts. The high is $8 issued by Cowen & Co. on July 30, 2021. The low is $3.4 issued by Goldman Sachs on December 19, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Goldman Sachs, and Goldman Sachs on April 16, 2024, December 19, 2023, and December 18, 2023, respectively. With an average price target of $3.69 between JP Morgan, Goldman Sachs, and Goldman Sachs, there's an implied 0.96% upside for Nokia Oyj from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Goldman Sachs
Raymond James
Northland Capital Markets
Cowen & Co.

1calculated from analyst ratings

Analyst Ratings for Nokia

Buy NowGet Alert
04/16/2024Buy Now16.66%JP Morgan
Sandeep Deshpande
$4.39 → $4.26MaintainsNeutralGet Alert
12/19/2023Buy Now-6.89%Goldman Sachs
Alexander Duval
$5.1 → $3.4MaintainsNeutralGet Alert
12/18/2023Buy Now-6.89%Goldman Sachs
Alexander Duval
$5.1 → $3.4DowngradeBuy → NeutralGet Alert
12/15/2023Buy NowCitigroup
Andrew Gardiner
DowngradeBuy → SellGet Alert
12/13/2023Buy Now9.54%Raymond James
Simon Leopold
$4.5 → $4MaintainsOutperformGet Alert
10/20/2023Buy Now39.66%Goldman Sachs
Alexander Duval
$5.9 → $5.1MaintainsBuyGet Alert
10/20/2023Buy Now23.23%Raymond James
Simon Leopold
$6 → $4.5MaintainsOutperformGet Alert
10/17/2023Buy Now87.58%JP Morgan
Sandeep Deshpande
$7.24 → $6.85MaintainsOverweightGet Alert
07/21/2023Buy Now61.57%Goldman Sachs
Alexander Duval
$6.6 → $5.9MaintainsBuyGet Alert
07/17/2023Buy Now64.31%Northland Capital Markets
Tim Savageaux
$7 → $6MaintainsOutperformGet Alert
04/21/2023Buy Now64.31%Raymond James
Simon Leopold
$7 → $6MaintainsOutperformGet Alert
01/27/2023Buy Now91.69%Raymond James
Simon Leopold
$6.5 → $7MaintainsOutperformGet Alert
10/21/2022Buy Now78%Raymond James
Simon Leopold
$7 → $6.5MaintainsOutperformGet Alert
10/13/2022Buy NowBarclays
Simon Coles
Initiates → Equal-WeightGet Alert
09/26/2022Buy NowRedburn Partners
Joseph Zhou
Initiates → BuyGet Alert
09/15/2022Buy NowCredit Suisse
Adithya Metuku
UpgradeNeutral → OutperformGet Alert
07/22/2022Buy NowKepler Cheuvreux
Sebastien Sztabowicz
DowngradeBuy → HoldGet Alert
07/22/2022Buy Now91.69%Raymond James
Simon Leopold
$6.75 → $7MaintainsOutperformGet Alert
04/29/2022Buy Now84.85%Raymond James
Simon Leopold
$6.5 → $6.75MaintainsOutperformGet Alert
03/17/2022Buy NowJefferies
Janardan Menon
Initiates → BuyGet Alert
03/14/2022Buy Now78%Raymond James
Simon Leopold
→ $6.5UpgradeMarket Perform → OutperformGet Alert
07/30/2021Buy Now119.08%Cowen & Co.
Paul Silverstein
UpgradeMarket Perform → OutperformGet Alert

FAQ

Q

What is the target price for Nokia (NOK) stock?

A

The latest price target for Nokia (NYSE:NOK) was reported by JP Morgan on April 16, 2024. The analyst firm set a price target for $4.26 expecting NOK to rise to within 12 months (a possible 16.66% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nokia (NOK)?

A

The latest analyst rating for Nokia (NYSE:NOK) was provided by JP Morgan, and Nokia maintained their neutral rating.

Q

When was the last upgrade for Nokia (NOK)?

A

The last upgrade for Nokia Oyj happened on September 15, 2022 when Credit Suisse raised their price target to N/A. Credit Suisse previously had a neutral for Nokia Oyj.

Q

When was the last downgrade for Nokia (NOK)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Nokia (NOK)?

A

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 April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.

Q

Is the Analyst Rating Nokia (NOK) correct?

A

While ratings are subjective and will change, the latest Nokia (NOK) rating was a maintained with a price target of $4.39 to $4.26. The current price Nokia (NOK) is trading at is $3.65, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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