Nokia Corporation (NYSE:NOK) Receives $12.57 Average PT from Brokerages

Shares of Nokia Corporation (NYSE:NOK) have been assigned a consensus recommendation of “Moderate Buy” from the eighteen ratings firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $12.5671.

A number of equities research analysts recently commented on NOK shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Nokia in a research report on Friday, May 15th. Danske upgraded Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Nordea Equity Research raised Nokia from a “hold” rating to a “buy” rating in a report on Friday, April 24th. Northland Securities set a $20.00 price target on shares of Nokia in a research note on Wednesday, June 3rd. Finally, Arete Research raised Nokia from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th.

Nokia Trading Down 6.7%

Shares of NYSE NOK opened at $9.07 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.32 and a current ratio of 1.57. The stock has a market cap of $52.11 billion, a price-to-earnings ratio of 64.81, a PEG ratio of 1.29 and a beta of 1.17. Nokia has a 52 week low of $4.00 and a 52 week high of $17.45. The business has a 50 day simple moving average of $13.37 and a 200 day simple moving average of $10.26.

Nokia (NYSE:NOK) last announced its quarterly earnings data on Thursday, July 23rd. The technology company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. Nokia had a return on equity of 9.92% and a net margin of 3.49%.The company had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same quarter last year, the firm earned $0.04 EPS. Nokia’s revenue for the quarter was up 8.4% compared to the same quarter last year. On average, research analysts predict that Nokia will post 0.41 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NOK. Valeo Financial Advisors LLC raised its position in shares of Nokia by 14.9% in the second quarter. Valeo Financial Advisors LLC now owns 21,184 shares of the technology company’s stock valued at $281,000 after purchasing an additional 2,748 shares during the period. FNY Investment Advisers LLC bought a new position in shares of Nokia in the 2nd quarter valued at $436,000. Foster Group Inc. acquired a new stake in shares of Nokia in the 2nd quarter valued at approximately $138,000. GAMMA Investing LLC grew its stake in shares of Nokia by 16.6% during the second quarter. GAMMA Investing LLC now owns 26,390 shares of the technology company’s stock worth $350,000 after buying an additional 3,751 shares during the last quarter. Finally, Central Pacific Bank Trust Division bought a new position in Nokia in the second quarter valued at about $720,000. Institutional investors and hedge funds own 5.28% of the company’s stock.

More Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia’s Q2 results beat profit estimates, with comparable operating profit rising on strong demand from AI and cloud customers, while network infrastructure sales and margins improved. Reuters: Nokia Q2 profit beat on AI demand
• Positive Sentiment: AI-related demand was a standout, with Nokia saying AI/cloud order intake reached about €2.8 billion and AI/cloud sales more than doubled year over year, reinforcing the long-term growth case. Yahoo Finance: Nokia says AI, cloud boosted sales in second quarter
• Positive Sentiment: Nokia raised its full-year profit outlook and gave a Q3 revenue range that was roughly in line with expectations, which may support confidence in management’s view that AI infrastructure demand can offset legacy telecom weakness. Invezz: Nokia raises profit outlook as AI and cloud demand boost results
• Neutral Sentiment: Management and follow-up coverage continue to frame Nokia as a longer-term AI networking and cloud infrastructure beneficiary, but those themes are more about the investment thesis than an immediate catalyst. Yahoo Finance: How Nokia is Positioning Itself for Long-Term Growth in AI Networking
• Negative Sentiment: The stock has fallen to its lowest close since April, suggesting traders are selling into strength or reacting to concerns that the earnings beat does not fully erase broader slowdown worries. BeInCrypto: Nokia Crushed Earnings — and Dropped to Its Lowest Close Since April
• Negative Sentiment: Some articles highlight that telecom spending remains uneven and restructuring charges or supply-chain constraints are still weighing on results, which could limit how quickly AI growth translates into sustained earnings momentum. Yahoo Finance: Nokia Oyj (NOK) Q2 2026 Earnings Call Highlights

Nokia Company Profile

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.