Nokia Oyj(NOK)NASDAQ
Stock Overview & Analysis
Nokia Oyj (NOK) quick overview 2026-02-20
- The stock is currently trading at $7.77, experiencing a price strength within a larger uptrend—trading above its 50-day average while holding above the 200-day.
- Analysts appear optimistic, with a 1-year price target of $6.87 (-11.6% upside).
- Volatility is elevated (39.10% annualized), implying wide price swings.
- The fundamental story is nuanced: solid revenue growth (2.40% YoY) alongside significant competitive pressures.
Here's What You Need to Know Right Now
Concise, actionable context
Nokia Oyj - Historical Price & Volume
Market Cap
Enterprise Value: $39.56B
P/E Ratio
Forward P/E: 17.14
Revenue Growth
Year over Year
Analyst Target
+-11.6% upside potential
Key Investor Questions
Clarity over jargon
- Technicals say: Overbought (RSI 73.80)
- Fundamentals say: Caution warranted (high leverage concerns)
- Future growth will depend on performance in core Communication Equipment operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
- $4.41B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Communication Equipment.
Trading Range
Over the past year, the stock traded between $4.00 and $8.19—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility
With 39.10% annualized volatility and β=0.56, the stock exhibits low sensitivity to market moves—suitable for investors comfortable with active risk management.
Ownership Snapshot
Lower institutional support combined with high short selling points to negative sentiment.
Analyst Sentiment
Latest News
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Analysts Turn More Positive on Nokia (NOK) After Q4 2025 Results
Nokia Oyj (NYSE:NOK) is one of the 15 AI Stocks That Are Skyrocketing. On February 2, JPMorgan raised its price target for Nokia Oyj (NYSE:NOK) from $8 to $8.20 and maintained its Overweight rating on the stock. On February 2, TipRanks reported that Grupo Santander also upgraded its rating on Nokia Oyj (NYSE:NOK) from Neutral […]
Frequently Asked Questions
Common investor questions about Nokia Oyj
Nokia Oyj (NOK) is currently trading at $7.77. The RSI (14-day) is at 73.8, indicating overbought territory (potentially overheated). Wall Street analysts have a consensus "hold" recommendation. The mean analyst price target of $6.87 implies 11.6% downside from current levels. Volatility is moderate at 39.1% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Nokia Oyj (NOK): The trailing P/E ratio is 57.65, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 17.14, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 0.70, below 1.0, which generally indicates the stock is undervalued relative to its growth rate. Price-to-Book is 1.68. Price-to-Sales is 2.10. Valuation should be compared to Communication Equipment industry peers for context, as different sectors trade at different multiples.
Based on 8 analysts covering NOK, the consensus price target is $6.87. This represents a 11.6% downside from the current price of $7.77. The range spans from a low target of $4.30 to a high target of $8.50, reflecting varying levels of optimism among analysts. The consensus recommendation is "hold". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Yes, Nokia Oyj (NOK) pays a dividend with a current yield of approximately 2.08%. The annualized dividend rate is $0.14 per share. The payout ratio is 127.0%, which exceeds 100%—this means the company is paying out more than it earns, which may not be sustainable long-term. The most recent ex-dividend date was 2026-02-03.
Key risks for Nokia Oyj (NOK) investors include: 1. Moderate volatility (39.1% annualized)—price swings are notable. 2. Elevated short interest (70.0% of float) suggests significant bearish sentiment. 3. Unsustainable dividend payout ratio (127%) could lead to a dividend cut. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Communication Equipment sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Nokia Oyj's (NOK) current debt and financial health profile: Total debt stands at $4.41B. The debt-to-equity ratio is 20.96, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 1.58, indicating strong short-term liquidity. The quick ratio is 1.36. The company holds $6.42B in cash and equivalents. Free cash flow is positive at $588.12M, providing a cushion for debt servicing and shareholder returns.