Nokia Oyj(NOK)Stock Price & Analysis
NYSE

NOK Stock Price Today (October 2026) — Nokia Oyj Analysis & Key Metrics 2026-10-21

Nokia Oyj (NOK) is trading at $9.02, down 0.66% today (as of October 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 $14.97 (66.0% upside).
  • Volatility is high (48.55% 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 competitive pressures in the Communication Equipment space.

NOK Stock Analysis: Key Metrics & Valuation (October 2026)

Concise, actionable data for investors

Trend posture
Downtrend: below 50- and 200-day averages
Analyst 1Y target$14.97+66.0%
Volatility (30d ann.)48.55%High
RSI (14-day)
38.28 (Neutral)
Debt$3.36B (0.16x D/E)

Nokia Oyj - Historical Price & Volume

$9.02
+4.39 (+94.80%)
  • Price
  • Volume
  • Latest price
Range: 2Y

Market Cap

$50.50B

Enterprise Value: $48.73B

P/E Ratio

68.93

Forward P/E: 20.41

Revenue Growth

+8.40%

Year over Year

Analyst Target

$14.97

+66.0% upside potential

Key Investor Questions About NOK

What investors need to know before buying

Is it a good time to buy NOK stock?

Based on current market data, NOK presents a neutral technical setup with looking solid fundamentals.

  • Technicals say: Neutral (RSI 38.28)
  • Fundamentals say: Looking solid (debt and growth supportive)
Can NOK sustain revenue growth in the Communication Equipment market?

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.
What are the biggest risks facing NOK stock?

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

52-Week Low$5.45
52-Week High$17.45
Current Price$9.02

Over the past year, NOK stock traded between $5.45 and $17.45 and currently trades in the middle of that range. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility48.55%
Beta1.61
RSI (14-day)38.28

With 48.55% annualized volatility and β=1.61, the stock exhibits high sensitivity to market moves—making NOK suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership2.97%
Institutional Ownership15.91%
Shares Short86.50M

Moderate ownership metrics suggest a balanced supply-demand dynamic.

Analyst Sentiment & Price Targets

Mean Target
$14.97
Upside Potential
+66.0%
Recommendation
buy
Analysts see strong upside potential with a target of $14.97. The 66.0% upside suggests optimistic growth expectations.

Earnings snapshot

Next report Oct 22, 2026 (before the open, usually)

EPS beat rate
58% (7/12)
Avg move after earnings
±6.8%
Options-implied move
—
Options vs history
—
NOK earnings history, charts and expected move

Frequently Asked Questions

Common investor questions about Nokia Oyj

Nokia Oyj (NOK) is currently trading at $9.02. The RSI (14-day) is at 38.3, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $14.97 implies 66.0% upside from current levels. Volatility is high at 48.6% 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 68.93, 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 2.18. Price-to-Sales is 2.65. Valuation should be compared to Communication Equipment industry peers for context, as different sectors trade at different multiples.

Based on 12 analysts covering NOK, the consensus price target is $14.97. This represents a 66.0% upside from the current price of $9.02. 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 1.77%. The annualized dividend rate is $0.14 per share. The payout ratio is 117.3%, 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 Jul 28, 2026.

Key risks for Nokia Oyj (NOK) investors include: 1. High volatility (48.6% annualized)—the stock can experience significant daily price swings. 2. Unsustainable dividend payout ratio (117%) could lead to a dividend cut. 3. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 4. 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 0.16x, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 1.51, 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.