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Nokia Oyj has a consensus price target of $4.42 based on the ratings of 10 analysts. The high is $6 issued by Northland Capital Markets on July 17, 2023. 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 -10.96% downside for Nokia Oyj from these most-recent analyst ratings.
1calculated from analyst ratings
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 2.89% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Nokia (NYSE:NOK) was provided by JP Morgan, and Nokia maintained their neutral rating.
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.
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 April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.
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 $4.14, which is out of the analyst’s predicted range.
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