Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Nokia Oyj has a consensus price target of $4.56 based on the ratings of 10 analysts. The high is $6.5 issued by Northland Capital Markets on October 18, 2024. The low is $3.4 issued by Goldman Sachs on December 19, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Northland Capital Markets, and Northland Capital Markets on October 21, 2024, October 18, 2024, and September 4, 2024, respectively. With an average price target of $5.78 between JP Morgan, Northland Capital Markets, and Northland Capital Markets, there's an implied 38.35% 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 JP Morgan on October 21, 2024. The analyst firm set a price target for $4.35 expecting NOK to rise to within 12 months (a possible 4.06% 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 October 21, 2024 so you should expect the next rating to be made available sometime around October 21, 2025.
While ratings are subjective and will change, the latest Nokia (NOK) rating was a maintained with a price target of $4.36 to $4.35. The current price Nokia (NOK) is trading at is $4.18, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.