Nokia Corporation (NYSE:NOK) Receives $7.01 Consensus Target Price from Brokerages

Shares of Nokia Corporation (NYSE:NOKGet Free Report) have earned a consensus rating of “Moderate Buy” from the thirteen analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $7.0140.

A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. raised their price objective on Nokia from $7.10 to $8.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Citigroup reiterated a “sell” rating on shares of Nokia in a report on Friday, January 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a research note on Monday, December 22nd. Wall Street Zen downgraded shares of Nokia from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Finally, Danske downgraded shares of Nokia from a “buy” rating to a “hold” rating in a report on Tuesday.

View Our Latest Research Report on NOK

Trending Headlines about Nokia

Here are the key news stories impacting Nokia this week:

  • Positive Sentiment: Nokia announced an agentic AI‑powered 5G‑Advanced network‑slicing solution with AWS (trialled with Orange and du). The capability—intent‑based, using open internet and operator data to autonomously adapt slices—could accelerate operator spending on premium, AI‑driven network services and strengthen Nokia’s differentiation in 5G‑Advanced. Nokia and AWS showcase industry-first agentic AI-powered network slicing with du and Orange
  • Positive Sentiment: Short interest fell ~14.5% from Jan 29 to Feb 13 (down to ~33.2M shares), leaving only ~0.6% of shares sold short and a days‑to‑cover of ~1.1. Lower short interest reduces near‑term downside pressure and the likelihood of aggressive short‑covering volatility.
  • Positive Sentiment: Retail and growth outlets are highlighting Nokia’s AI pivot—one consumer investor piece named Nokia among breakout growth names—helping sentiment and discovery among growth investors. 3 Breakout Growth Stocks You Can Buy and Hold for the Next Decade
  • Neutral Sentiment: Technical/volume context: the stock is trading above its 50‑ and 200‑day moving averages, but intraday volume is below the company’s 50‑day average—mixed confirmation of the move.
  • Negative Sentiment: Valuation and execution risk: Nokia’s trailing P/E is elevated (~58x), so the share price is sensitive to execution and adoption; failure to commercialize AI network features quickly could disappoint expectations.

Nokia Trading Up 1.1%

Shares of NYSE:NOK opened at $7.58 on Monday. The company has a current ratio of 1.58, a quick ratio of 1.36 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $43.50 billion, a PE ratio of 58.27, a P/E/G ratio of 2.73 and a beta of 0.81. Nokia has a 1 year low of $4.00 and a 1 year high of $8.19. The firm has a fifty day moving average price of $6.78 and a 200 day moving average price of $5.93.

Institutional Trading of Nokia

Several hedge funds have recently added to or reduced their stakes in the business. Penserra Capital Management LLC boosted its holdings in Nokia by 38.0% in the 3rd quarter. Penserra Capital Management LLC now owns 7,760,500 shares of the technology company’s stock valued at $37,328,000 after purchasing an additional 2,136,545 shares during the period. Atria Investments Inc increased its holdings in shares of Nokia by 214.7% during the 2nd quarter. Atria Investments Inc now owns 84,067 shares of the technology company’s stock worth $435,000 after purchasing an additional 57,350 shares during the period. AdvisorShares Investments LLC acquired a new position in shares of Nokia during the second quarter valued at about $1,059,000. Thrivent Financial for Lutherans lifted its stake in shares of Nokia by 35,010.3% in the third quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company’s stock valued at $60,871,000 after buying an additional 12,619,099 shares during the period. Finally, TSP Capital Management Group LLC grew its position in Nokia by 8.8% during the third quarter. TSP Capital Management Group LLC now owns 2,473,592 shares of the technology company’s stock worth $11,898,000 after buying an additional 200,400 shares in the last quarter. Institutional investors own 5.28% of the company’s stock.

About Nokia

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Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.

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