Nokia Corporation (NYSE:NOK) Receives $6.77 Average Target Price from Analysts

Shares of Nokia Corporation (NYSE:NOK) have received a consensus rating of “Moderate Buy” from the twelve ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $6.7675.

Several equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a research note on Monday, December 22nd. Northland Securities set a $7.50 price target on Nokia in a research note on Friday, October 24th. Wall Street Zen cut Nokia from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. New Street Research set a $6.57 target price on Nokia in a report on Thursday, November 20th. Finally, JPMorgan Chase & Co. increased their price target on shares of Nokia from $7.10 to $8.00 and gave the stock an “overweight” rating in a report on Monday, December 1st.

Key Headlines Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Strong top-line beat driven by AI and cloud customers: Nokia reported Q4 revenue of $7.19B (ahead of estimates) and management highlighted sharp sales growth from AI/data-center customers — a key growth narrative investors like. WSJ: Nokia Reports Jump In Sales
• Positive Sentiment: Strategic AI partnerships and positioning: Coverage notes Nokia’s AI initiatives (including AI?RAN work and ties to NVIDIA) that could expand addressable market beyond traditional telecom equipment. Analysts and bulls see this as underappreciated upside. Seeking Alpha: Nvidia Bet Highlights AI Opportunity
• Positive Sentiment: Analyst and institutional interest: Recent analyst “Overweight/Buy” notes and sizable institutional buys reported in filings provide support for the stock’s recovery narrative. QuiverQuant: Q4 Earnings & Institutional Activity
• Neutral Sentiment: Reorganization and reporting changes: Nokia recast segment results and started a two?segment reporting structure (effective 2026) to align with its AI?era strategy — useful for transparency but a transitional factor for modeling. GlobeNewswire: Recast Segment Results
• Neutral Sentiment: Board/management changes announced: Chair Sari Baldauf will step down with vice-chair Timo Ihamuotila succeeding; a managers’ transaction filing was published — governance transition that investors will watch but not immediately material. MSN: Chair Steps Down GlobeNewswire: Managers’ transactions
• Negative Sentiment: Profitability and margin pressures: Despite revenue growth, operating profit and EPS fell (operating profit down ~29% YoY; EPS declined ~25%) due to higher costs, which is a key near?term concern for valuation. QuiverQuant: Earnings Detail
• Negative Sentiment: Softer guidance / market reaction: Some commentary and analyst notes flagged softer forward commentary and higher opex/CAPEX expectations; the stock was also caught in a broader AI-stock selloff that amplified downside pressure. The Motley Fool: Why Stock Was Down
• Negative Sentiment: Investors focused on near-term execution: Coverage notes that while the AI opportunity is real, the market is parsing margin recovery, cash flow trajectory and whether partnerships (e.g., Nvidia) translate quickly into durable profit growth. SDxCentral: Financials Analysis

Nokia Stock Performance

Shares of Nokia stock opened at $6.43 on Thursday. The company has a 50 day moving average price of $6.42 and a 200 day moving average price of $5.57. The firm has a market capitalization of $36.89 billion, a P/E ratio of 49.43 and a beta of 0.77. The company has a quick ratio of 1.23, a current ratio of 1.48 and a debt-to-equity ratio of 0.12. Nokia has a 52 week low of $4.00 and a 52 week high of $8.19.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NOK. Arrowstreet Capital Limited Partnership raised its stake in shares of Nokia by 50.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 43,424,695 shares of the technology company’s stock valued at $208,873,000 after buying an additional 14,482,665 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in Nokia by 35,010.3% during the third quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company’s stock worth $60,871,000 after acquiring an additional 12,619,099 shares during the period. Pzena Investment Management LLC raised its position in Nokia by 17.0% during the third quarter. Pzena Investment Management LLC now owns 80,329,917 shares of the technology company’s stock valued at $386,387,000 after acquiring an additional 11,667,677 shares in the last quarter. ARGA Investment Management LP acquired a new position in Nokia in the fourth quarter valued at approximately $49,523,000. Finally, Folketrygdfondet boosted its position in Nokia by 66.6% in the 3rd quarter. Folketrygdfondet now owns 17,380,530 shares of the technology company’s stock worth $83,600,000 after purchasing an additional 6,950,487 shares in the last quarter. 5.28% of the stock is currently owned by institutional investors and hedge funds.

About Nokia

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.