NYSE:NOK - Nokia Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $4.98
  • Forecasted Upside: 18.57 %
  • Number of Analysts: 17
  • Breakdown:
  • 1 Sell Ratings
  • 10 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$4.20
▲ +0.07 (1.69%)
1 month | 3 months | 12 months
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Analyst Price Target for NOK

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$4.98
▲ +18.57% Upside Potential
This price target is based on 17 analysts offering 12 month price targets for Nokia in the last 3 months. The average price target is $4.98, with a high forecast of $6.00 and a low forecast of $2.90. The average price target represents a 18.57% upside from the last price of $4.20.
Hold
The current consensus among 17 investment analysts is to hold stock in Nokia. This rating has held steady since September 2019, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 6 buy ratings
  • 7 hold ratings
  • 0 sell ratings
7/30/2019
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 1 sell ratings
10/28/2019
  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 1 sell ratings
1/26/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 6 hold ratings
  • 1 sell ratings
4/25/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 1 sell ratings
7/24/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
10/22/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 10 hold ratings
  • 1 sell ratings
12/21/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 10 hold ratings
  • 1 sell ratings
1/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 10 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/14/2021BarclaysReiterated RatingEqual WeightLow
i
1/13/2021UBS GroupReiterated RatingBuyHigh
i
1/12/2021Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
i
12/14/2020Credit Suisse GroupReiterated RatingNeutralLow
i
11/3/2020Societe GeneraleReiterated RatingBuyLow
i
10/30/2020UBS GroupReiterated RatingBuyLow
i
10/30/2020Credit Suisse GroupReiterated RatingNeutralLow
i
10/30/2020Morgan StanleyReiterated RatingEqual WeightLow
i
10/30/2020Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
i
10/30/2020DZ BankDowngradeBuy ➝ SellLow
i
10/30/2020Exane BNP ParibasUpgradeUnderperform ➝ NeutralLow
i
10/30/2020Bank of AmericaDowngradeBuy ➝ NeutralLow
i
10/30/2020BNP ParibasUpgradeUnderperform ➝ NeutralLow
i
10/2/2020Raymond JamesReiterated RatingHold ➝ NeutralLow
i
9/29/2020Credit Suisse GroupReiterated RatingNeutralLow
i
9/8/2020DZ BankReiterated RatingBuyMedium
i
9/8/2020Raymond JamesDowngradeStrong-Buy ➝ Market PerformHigh
i
8/3/2020BarclaysReiterated RatingEqual WeightLow
i
8/3/2020Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
i
8/3/2020Credit Suisse GroupReiterated RatingNeutralLow
i
8/3/2020Morgan StanleyReiterated RatingEqual WeightLow
i
7/14/2020Northland SecuritiesInitiated CoverageBuy$6.00Low
i
Rating by Tim Savageaux at Northland Securities
7/8/2020JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
i
6/25/2020Deutsche Bank AktiengesellschaftReiterated RatingBuyMedium
i
6/1/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$4.20 ➝ $5.50High
i
5/5/2020Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
i
5/1/2020MKM PartnersLower Price TargetBuy$6.00 ➝ $5.00Medium
i
4/30/2020Canaccord GenuityReiterated RatingBuy$5.50Low
i
Rating by Michael Walkley at Canaccord Genuity
4/17/2020Northland SecuritiesReiterated RatingBuy$6.00Low
i
Rating by Tim Savageaux at Northland Securities
3/27/2020DZ BankReiterated RatingBuyLow
i
Rating by Ingo Wermann at DZ Bank AG
3/27/2020The Goldman Sachs GroupUpgradeSell ➝ Neutral$2.90Medium
i
3/26/2020Canaccord GenuityReiterated RatingBuy$5.50High
i
Rating by Michael Walkley at Canaccord Genuity
3/2/2020Northland SecuritiesInitiated CoverageOutperform$6.00Low
i
2/6/2020Canaccord GenuityReiterated RatingBuy$5.50High
i
2/6/2020Charter EquityReiterated RatingHoldHigh
i
1/7/2020New Street ResearchUpgradeNeutral ➝ BuyLow
i
1/6/2020Raymond JamesUpgradeOutperform ➝ Strong-Buy$5.50 ➝ $4.50N/A
i
10/29/2019Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
i
10/25/2019MKM PartnersLower Price TargetBuy$7.50 ➝ $5.50High
i
10/25/2019DZ BankDowngradeBuy ➝ Hold$3.90Low
i
10/25/2019BarclaysDowngradeOverweight ➝ Equal Weight$3.50Low
i
10/25/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$7.50 ➝ $4.20Low
i
10/24/2019Raymond JamesDowngradeStrong-Buy ➝ Outperform$7.50 ➝ $5.00High
i
8/30/2019Craig HallumReiterated RatingBuyLow
i
Rating by Christian Schwab at Craig Hallum
7/26/2019Charter EquityUpgradeMarket Perform ➝ BuyLow
i
7/25/2019Raymond JamesUpgradeOutperform ➝ Strong-BuyLow
i
7/16/2019DanskeUpgradeHold ➝ BuyLow
i
7/1/2019SantanderUpgradeUnderweight ➝ BuyLow
i
5/20/2019Nordea Equity ResearchUpgradeHold ➝ BuyLow
i
4/26/2019Canaccord GenuityReiterated RatingBuy$7.00Low
i
4/15/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell$5.72High
i
3/20/2019Nordea Equity ResearchDowngradeBuy ➝ HoldLow
i
1/8/2019Raymond JamesUpgradeMarket Perform ➝ Outperform$4.75 ➝ $7.50Medium
i
1/3/2019BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$5.00 ➝ $7.50High
i
10/26/2018Canaccord GenuityUpgradeHold ➝ BuyLow
i
10/25/2018DNB MarketsUpgradeHold ➝ BuyHigh
i
9/19/2018Exane BNP ParibasDowngradeNeutral ➝ UnderperformLow
i
9/19/2018BNP ParibasDowngradeNeutral ➝ UnderperformLow
i
9/19/2018Credit Suisse GroupUpgradeUnderperform ➝ Buy$5.56 ➝ $7.00High
i
Rating by Achal Sultania at Credit Suisse Group AG
9/17/2018JPMorgan Chase & Co.Reiterated RatingBuyLow
i
7/27/2018Nordea Equity ResearchUpgradeHold ➝ BuyMedium
i
7/26/2018BMO Capital MarketsReiterated RatingNeutral ➝ Hold$5.00High
i
6/19/2018Exane BNP ParibasUpgradeUnderperform ➝ NeutralLow
i
6/19/2018BNP ParibasUpgradeUnderperform ➝ NeutralMedium
i
6/18/2018SantanderDowngradeHold ➝ UnderperformMedium
i
5/29/2018Nordea Equity ResearchDowngradeBuy ➝ HoldHigh
i
4/11/2018Berenberg BankInitiated CoverageBuy ➝ BuyMedium
i
3/2/2018CitigroupReiterated RatingNeutralLow
i
2/5/2018Bank of AmericaUpgradeNeutral ➝ BuyMedium
i
2/2/2018MKM PartnersUpgradeNeutral ➝ Buy$5.50 ➝ $7.50Medium
i
2/1/2018Canaccord GenuityReiterated RatingHold$6.00Low
i
1/18/2018The Goldman Sachs GroupReiterated RatingBuy ➝ NeutralLow
i
1/5/2018Credit Suisse GroupDowngradeOutperform ➝ Neutral$4.89 ➝ $5.00Medium
i
Rating by Achal Sultania at Credit Suisse Group AG
12/4/2017BNP ParibasDowngradeNeutral ➝ Underperform$5.00 ➝ $3.90Low
i
11/7/2017BNP ParibasUpgradeUnderperform ➝ NeutralN/A
i
10/30/2017ArgusDowngradeBuy ➝ Hold$4.76 ➝ $4.91N/A
i
10/27/2017Canaccord GenuityLower Price TargetHold$7.00 ➝ $5.50N/A
i
10/27/2017JPMorgan Chase & Co.Reiterated RatingBuyN/A
i
9/21/2017BNP ParibasDowngradeNeutral ➝ UnderperformLow
i
9/20/2017UBS GroupReiterated RatingBuyMedium
i
7/30/2017Credit Suisse GroupReiterated RatingNeutralLow
i
7/28/2017CowenReiterated RatingHold$5.00Medium
i
7/27/2017Canaccord GenuityReiterated RatingHold$7.00Low
i
7/26/2017BMO Capital MarketsSet Price TargetHold$6.00Medium
i
Rating by Tim Long at BMO Capital Markets
7/6/2017Credit Suisse GroupReiterated RatingOutperform$5.75Low
i
6/16/2017BMO Capital MarketsReiterated RatingMarket PerformLow
i
6/16/2017Wells Fargo & CompanyReiterated RatingMarket PerformLow
i
6/14/2017Societe GeneraleInitiated CoverageBuy ➝ BuyLow
i
6/8/2017CitigroupInitiated CoverageNeutral ➝ Neutral$6.00Low
i
6/2/2017Bank of AmericaReiterated RatingNeutral ➝ NeutralLow
i
Rating by Denise Chai at Bank of America Co.
5/24/2017BMO Capital MarketsReiterated RatingMarket Perform$6.00Low
i
5/15/2017Canaccord GenuityReiterated RatingHold$6.00Low
i
5/5/2017Canaccord GenuityReiterated RatingHold$6.00Low
i
4/27/2017OppenheimerReiterated RatingHoldLow
i
Rating by Ittai Kidron at Oppenheimer Holdings Inc.
4/27/2017BMO Capital MarketsReiterated RatingHold$5.00High
i
3/15/2017BMO Capital MarketsReiterated RatingHold$5.00Medium
i
3/7/2017Canaccord GenuityReiterated RatingHold$5.00N/A
i
2/21/2017Craig HallumInitiated CoverageBuy$5.83 ➝ $7.50N/A
i
Rating by C. Schwab at Craig Hallum
2/13/2017Charter EquityUpgradeUnderperform ➝ Market PerformN/A
i
2/7/2017OppenheimerReiterated RatingMarket PerformN/A
i
Rating by Ittai Kidron at Oppenheimer Holdings Inc.
2/7/2017Canaccord GenuityReiterated RatingHold$5.00N/A
i
2/7/2017Morgan StanleyUpgradeEqual Weight ➝ Overweight$4.75 ➝ $4.87N/A
i
2/2/2017BMO Capital MarketsReiterated RatingMarket Perform$4.00N/A
i
1/25/2017DanskeDowngradeHold ➝ SellN/A
i
1/17/2017UBS GroupReiterated RatingBuyN/A
i
1/13/2017Bank of AmericaDowngradeSellN/A
i
Rating by Denise Chai at Bank of America Co.
1/13/2017NatixisUpgradeNeutral ➝ BuyN/A
i
1/13/2017Canaccord GenuityDowngradeBuy ➝ Hold$5.50 ➝ $5.00N/A
i
1/10/2017BarclaysReiterated RatingBuyN/A
i
Rating by Andrew Gardiner at Barclays PLC
1/3/2017OppenheimerDowngradeOutperform ➝ Market Perform$7.00N/A
i
Rating by Ittai Kidron at Oppenheimer Holdings Inc.
1/3/2017UBS GroupDowngradeOutperform ➝ Market PerformN/A
i
12/23/2016JPMorgan Chase & Co.Reiterated RatingOverweightN/A
i
12/15/2016The Goldman Sachs GroupReiterated RatingBuy$5.80N/A
i
Rating by Alexander Duval at The Goldman Sachs Group, Inc.
11/30/2016Bank of AmericaDowngradeBuy ➝ NeutralN/A
i
11/19/2016Wells Fargo & CompanyReiterated RatingMarket Perform$4.75 ➝ $4.25N/A
i
11/15/2016BMO Capital MarketsDowngradeOutperform ➝ Market Perform$4.00N/A
i
11/15/2016Credit Suisse GroupReiterated RatingOutperform$60.00N/A
i
Rating by Achal Sultania at Credit Suisse Group AG
11/15/2016Bank of AmericaDowngradeBuy ➝ NeutralN/A
i
11/10/2016Wells Fargo & CompanyReiterated RatingHold$4.75N/A
i
10/28/2016Canaccord GenuityReiterated RatingBuy$6.00 ➝ $5.50N/A
i
Rating by Michael Walkley at Canaccord Genuity
10/28/2016Exane BNP ParibasDowngradeOutperform ➝ NeutralN/A
i
10/28/2016BNP ParibasDowngradeOutperform ➝ Neutral$4.71 ➝ $4.73N/A
i
Rating by Alexandre Faure at BNP Paribas
10/27/2016OppenheimerSet Price TargetBuy$7.00N/A
i
Rating by Ittai Kidron at Oppenheimer Holdings Inc.
10/27/2016BMO Capital MarketsReiterated RatingOutperform$7.00N/A
i
10/15/2016BNP ParibasReiterated RatingBuyN/A
i
Rating by Alexandre Faure at BNP Paribas
10/13/2016Wells Fargo & CompanyReiterated RatingMarket Perform$5.65N/A
i
Rating by Maynard Um at Wells Fargo & Company
10/13/2016Canaccord GenuityReiterated RatingBuy$7.00 ➝ $6.00N/A
i
Rating by Michael Walkley at Canaccord Genuity
10/13/2016The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyN/A
i
Rating by Alexander Duval at The Goldman Sachs Group, Inc.
10/13/2016Credit Suisse GroupReiterated RatingOutperform$5.09 ➝ $5.01N/A
i
Rating by Achal Sultania at Credit Suisse Group AG
10/10/2016Morgan StanleyReiterated RatingNeutralN/A
i
9/19/2016Canaccord GenuityReiterated RatingBuy$7.00N/A
i
Rating by Michael Walkley at Canaccord Genuity
9/8/2016Bank of AmericaReiterated RatingBuy$6.00N/A
i
Rating by Kai Korschelt at Bank of America Co.
8/16/2016OppenheimerReiterated RatingOutperform$8.00N/A
i
8/15/2016ArgusReiterated RatingBuy$10.00N/A
i
8/12/2016Morgan StanleyReiterated RatingNeutralN/A
i
Rating by Francois Meunier at Morgan Stanley
8/10/2016BMO Capital MarketsReiterated RatingOutperform$7.00N/A
i
8/8/2016Canaccord GenuityReiterated RatingBuy$7.00N/A
i
Rating by Michael Walkley at Canaccord Genuity
8/3/2016BMO Capital MarketsReiterated RatingBuy$7.00N/A
i
7/14/2016Bank of AmericaReiterated RatingBuyN/A
i
Rating by Kai Korschelt at Bank of America Co.
7/14/2016JPMorgan Chase & Co.Reiterated RatingBuyN/A
i
Rating by Sandeep Deshpande at JPMorgan Chase & Co.
7/13/2016BMO Capital MarketsReiterated RatingPositive$7.00N/A
i
6/29/2016The Goldman Sachs GroupUpgradeNeutral ➝ Buy$5.54 ➝ $5.60N/A
i
6/10/2016JPMorgan Chase & Co.Reiterated RatingFocus ListN/A
i
Rating by Sandeep Deshpande at JPMorgan Chase & Co.
6/8/2016Credit Suisse GroupReiterated RatingBuyN/A
i
5/26/2016Canaccord GenuityUpgradeHold ➝ Buy$7.00N/A
i
Rating by Michael Walkley at Canaccord Genuity
5/16/2016Canaccord GenuityUpgradeHold ➝ Buy$5.50 ➝ $7.00N/A
i
Rating by Michael Walkley at Canaccord Genuity
5/13/2016Bank of AmericaUpgradeNeutral ➝ BuyN/A
i
Rating by Kai Korschelt at Bank of America Co.
5/12/2016Canaccord GenuityReiterated RatingHold$6.50 ➝ $5.50N/A
i
Rating by Michael Walkley at Canaccord Genuity
5/11/2016MKM PartnersLower Price TargetNeutral$6.75 ➝ $5.75N/A
i
Rating by Michael Genovese at MKM Partners
5/10/2016JPMorgan Chase & Co.Reiterated RatingBuyN/A
i
Rating by Sandeep Deshpande at JPMorgan Chase & Co.
5/10/2016Wells Fargo & CompanyReiterated RatingHoldN/A
i
Rating by Maynard Um at Wells Fargo & Company
5/6/2016Raymond JamesUpgradeUnderperform ➝ Market PerformN/A
i
Rating by Tavis McCourt at Raymond James
5/3/2016Morgan StanleyReiterated RatingNeutralN/A
i
Rating by Francois Meunier at Morgan Stanley
4/26/2016Bank of AmericaReiterated RatingNeutralN/A
i
Rating by Kai Korschelt at Bank of America Co.
4/23/2016MKM PartnersReiterated RatingHold$6.75N/A
i
Rating by Michael Genovese at MKM Partners
4/15/2016Sanford C. BernsteinReiterated RatingOutperform$10.35N/A
i
Rating by Pierre Ferragu at Sanford C. Bernstein
4/12/2016JPMorgan Chase & Co.Reiterated RatingBuyN/A
i
Rating by Sandeep Deshpande at JPMorgan Chase & Co.
4/9/2016Nordea Equity ResearchUpgradeBuyN/A
i
Rating by Sami Sarkamies at Nordea Equity Research
4/8/2016Nordea Equity ResearchUpgradeHold ➝ BuyN/A
i
3/22/2016Bank of AmericaReiterated RatingHoldN/A
i
Rating by Kai Korschelt at Bank of America Co.
3/15/2016Sanford C. BernsteinReiterated RatingOutperformN/A
i
3/2/2016Raymond JamesDowngradeSellN/A
i
Rating by Tavis McCourt at Raymond James
3/2/2016Charter EquityDowngradeMkt Perform ➝ Mkt UnderperformN/A
i
3/1/2016Canaccord GenuityReiterated RatingHold$6.50N/A
i
Rating by Michael Walkley at Canaccord Genuity
2/23/2016Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
Rating by Johannes Schallerare at Deutsche Bank Aktiengesellschaft
2/18/2016JPMorgan Chase & Co.Reiterated RatingOverweightN/A
i
2/16/2016Morgan StanleyReiterated RatingEqual ➝ Equal WeightN/A
i
2/13/2016Liberum CapitalReiterated RatingBuyN/A
i
Rating by Janardan Menon at Liberum Capital
2/12/2016BMO Capital MarketsReiterated RatingOutperform$10.00N/A
i
2/1/2016Deutsche Bank AktiengesellschaftReiterated RatingBuy$8.00 ➝ $7.40N/A
i
Rating by Johannes Schallerare at Deutsche Bank Aktiengesellschaft
2/1/2016Canaccord GenuityDowngradeBuy ➝ Hold$10.00 ➝ $6.50N/A
i
2/1/2016Bank of AmericaDowngradeBuy ➝ NeutralN/A
i
1/26/2016BMO Capital MarketsReiterated RatingOutperform$10.00N/A
i
(Data available from 1/20/2016 forward)
Nokia logo
Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. The company has a strategic collaboration with Microsoft; and a collaboration with CommScope Holding Company, Inc. to develop an interleaved passive-active antenna radio platform. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.
Read More

Today's Range

Now: $4.20
$4.15
$4.23

50 Day Range

MA: $4.00
$3.87
$4.22

52 Week Range

Now: $4.20
$2.34
$5.14

Volume

43,802,307 shs

Average Volume

38,884,262 shs

Market Capitalization

$23.59 billion

P/E Ratio

28.00

Dividend Yield

N/A

Beta

0.75

Frequently Asked Questions

What sell-side analysts currently cover shares of Nokia?

The following equities research analysts have issued reports on Nokia in the last twelve months: Bank of America Co., Barclays PLC, BNP Paribas, Canaccord Genuity, Charter Equity, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, DZ Bank AG, Exane BNP Paribas, JPMorgan Chase & Co., MKM Partners, Morgan Stanley, Northland Securities, Raymond James, Societe Generale, The Goldman Sachs Group, Inc., and UBS Group AG.

What is the current price target for Nokia?

5 Wall Street analysts have set twelve-month price targets for Nokia in the last year. Their average twelve-month price target is $4.98, suggesting a possible upside of 18.6%. Northland Securities has the highest price target set, predicting NOK will reach $6.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $2.90 for Nokia in the next year.

What is the current consensus analyst rating for Nokia?

Nokia currently has 1 sell rating, 10 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NOK, but not buy more shares or sell existing shares.

What other companies compete with Nokia?

How do I contact Nokia's investor relations team?

Nokia's physical mailing address is KARAKAARI 7, ESPOO H9, 02610. The technology company's listed phone number is 358 0 10 44 88 000 and its investor relations email address is investor.relations@nokia.com. The official website for Nokia is www.nokia.com.