NOK Stock Price Today (September 2026) — Nokia Oyj Analysis & Key Metrics 2026-09-03
Nokia Oyj (NOK) is trading at $9.77, down 0.71% today (as of September 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $15.02 (53.8% upside).
- Volatility remains elevated (28.09% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (8.40% YoY) alongside significant competitive pressures.
NOK Stock Analysis: Key Metrics & Valuation (September 2026)
Concise, actionable data for investors
Nokia Oyj - Historical Price & Volume
Market Cap
Enterprise Value: $55.49B
P/E Ratio
Forward P/E: 20.41
Revenue Growth
Year over Year
Analyst Target
+53.8% upside potential
Key Investor Questions About NOK
What investors need to know before buying
Based on current market data, NOK presents a neutral technical setup with caution warranted fundamentals.
- Technicals say: Neutral (RSI 41.13)
- Fundamentals say: Caution warranted (high leverage concerns)
NOK's growth trajectory depends on its ability to expand within the Communication Equipment sector while managing margin pressures.
- Future growth will depend on performance in core Communication Equipment operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for NOK investors include debt exposure and competitive dynamics in the Communication Equipment industry.
- $3.36B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Communication Equipment.
52-Week Trading Range
Over the past year, NOK stock traded between $4.23 and $17.45—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 28.09% annualized volatility and β=1.10, the stock exhibits moderate correlation to market moves—making NOK suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
Lower institutional support combined with high short selling points to negative sentiment.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines and coverage
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Frequently Asked Questions
Common investor questions about Nokia Oyj
Nokia Oyj (NOK) is currently trading at $9.77. The RSI (14-day) is at 41.1, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $15.02 implies 53.8% upside from current levels. Volatility is moderate at 28.1% 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 69.79, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 20.41, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 1.02, near 1.0, suggesting roughly fair value relative to growth. Price-to-Book is 2.21. Price-to-Sales is 2.68. Valuation should be compared to Communication Equipment industry peers for context, as different sectors trade at different multiples.
Based on 9 analysts covering NOK, the consensus price target is $15.02. This represents a 53.8% upside from the current price of $9.77. The range spans from a low target of $8.50 to a high target of $21.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". 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 1.64%. The annualized dividend rate is $0.14 per share. The payout ratio is 117.5%, 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 2026-07-28T00:00:00.000Z.
Key risks for Nokia Oyj (NOK) investors include: 1. Moderate volatility (28.1% annualized)—price swings are notable. 2. Elevated short interest (77.0% of float) suggests significant bearish sentiment. 3. Unsustainable dividend payout ratio (118%) 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 $3.36B. The debt-to-equity ratio is 15.78, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 1.50, indicating strong short-term liquidity. The quick ratio is 1.22. The company holds $5.13B in cash and equivalents. Free cash flow is positive at $1.18B, providing a cushion for debt servicing and shareholder returns.