NOK Stock Price Today (May 2026) — Nokia Oyj Analysis & Key Metrics 2026-05-22
Nokia Oyj (NOK) is trading at $15.47, up 9.10% today (as of May 2026). The stock continues to show sustained strength above key moving averages, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $12.51 (-19.1% upside).
- Volatility remains elevated (71.55% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (2.40% YoY) alongside significant competitive pressures.
NOK Stock Analysis: Key Metrics & Valuation (May 2026)
Concise, actionable data for investors
Nokia Oyj - Historical Price & Volume
Market Cap
Enterprise Value: $71.08B
P/E Ratio
Forward P/E: 27.09
Revenue Growth
Year over Year
Analyst Target
+-19.1% upside potential
Key Investor Questions About NOK
What investors need to know before buying
Based on current market data, NOK presents a overbought technical setup with caution warranted fundamentals.
- Technicals say: Overbought (RSI 72.28)
- 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.
- $3.32B 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 $4.00 and $13.89—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 71.55% annualized volatility and β=0.77, the stock exhibits low sensitivity 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 $15.47. The RSI (14-day) is at 72.3, indicating overbought territory (potentially overheated). Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $12.51 implies 19.1% downside from current levels. Volatility is high at 71.6% annualized, meaning significant price swings are common. 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 82.13, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 27.09, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 1.15, near 1.0, suggesting roughly fair value relative to growth. Price-to-Book is 3.02. Price-to-Sales is 3.67. 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 $12.51. This represents a 19.1% downside from the current price of $15.47. The range spans from a low target of $8.50 to a high target of $15.00, 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 1.06%. The annualized dividend rate is $0.14 per share. The payout ratio is 99.8%, which is relatively high—earnings cover the dividend but there's limited room for increases. The most recent ex-dividend date was 2026-04-28.
Key risks for Nokia Oyj (NOK) investors include: 1. High volatility (71.6% annualized)—the stock can experience significant daily price swings. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. 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 $3.32B. The debt-to-equity ratio is 15.63, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 1.57, indicating strong short-term liquidity. The quick ratio is 1.29. The company holds $5.83B in cash and equivalents. Free cash flow is positive at $1.60B, providing a cushion for debt servicing and shareholder returns.