Nokia (NOK.US) Price Target 2026/2027: 60% Upside – Rating and Stock Analysis

9,51
-0,73%
Price history for Nokia (NOK.US) – stock price at 9.51 $, August 2026
Nokia stock price – price development 2026. Updated Aug 6, 2026.
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Nokia Price Target 2026: Analysts See 58% Upside

The average price target for Nokia is $15.02. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 57,94% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Nokia overvalued or undervalued?

Nokia is currently undervalued with a gap of 57.9% relative to the price target.


The current price is $9.51, which places Nokia in the undervalued category. The stock is considered undervalued when the price is below $13.52, and overvalued when the price exceeds $16.52.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Nokia, the fair value range lies between $13.52 and $16.52.


See the full price target analysis for Nokia →

Analyst Ratings for Nokia stock in 2026: Buy

11 analysts cover Nokia. The majority is positive, with 72.8% recommending Buy, while 18.2% recommend Hold. The average price target is $15.02, which gives an upside of 57.9% from the current price.

Consensus: Buy (3.91/5)
Strong Buy
4 (36.4%)
Buy
4 (36.4%)
Hold
2 (18.2%)
Strong Sell
1 (9.1%)
Strong Sell Sell Hold Buy Strong Buy
3.91 out of 5 based on 11 analysts

About Nokia – Communication Equipment

Nokia, altså nok.us, laver og sælger udstyr til mobil-, fast- og cloudnetværk globalt. De tjener primært penge på at levere hele løsninger, der får netværk til at køre – lige fra 2G til det nyeste 5G. Virksomheden er delt op i fire store områder. De udvikler eksempelvis radioadgangsnetværk, som kaldes RAN, og de sælger også fiber- og kobberbaseret infrastruktur til faste netværk. Derudover tilbyder Nokia avancerede IP-routing løsninger og optiske netværkssystemer. Nokia sælger både til teleselskaber og store erhvervskunder. De driver forretning i mange lande, og deres teknologi driver en stor del af verdens kommunikation. De har også en afdeling, Nokia Technologies, der fokuserer på licenser og patenter. Read more about the company

Key Figures for Nokia

$ 49,9B Market cap
$ 20,4B Revenue
Communication Equipment Industry
66.13 P/E
2.21 P/S
2.10 P/B
USA Listed on exchange
nokia.com Website

What kind of stock is Nokia?

Speculative stock

Nokia is classified as a speculative stock.

Score Overview for Nokia

💰 Value Score 41/100 (Neutral)
⭐ Quality Score 42/100 (Neutral)
🚀 Momentum Score 18/100 (Very Low)
📊 Total Score 33/100

⚠️ 1 red flag identified 1 critical

Our analysis has identified 1 potential risk factor in Nokia that investors should be aware of.

🚨 Falling earnings: Quarterly earnings have fallen 98% year over year – the company's profitability is under pressure.

📈 Valuation

Nokia trades at a P/E ratio of 66.1, which is above the market average. The forward P/E is 24.2 (63% lower), which suggests the market expects rising earnings. The P/S ratio is 2.2. The P/B ratio is 2.1. The PEG ratio is 0.90 — below 1.0 suggests the stock is cheap relative to its growth rate.

💵 Profitability & Growth

Nokia has a profit margin of 3.5% (moderate) and an operating margin of 7.9%. Return on equity (ROE) is 3.5%. Return on assets (ROA) is 3.1%. The latest quarterly earnings grew -97.9% year over year — falling earnings.

🏦 Financial Health

The Piotroski score is 6 out of 9 — good financial health. Altman Z2 is 2.61 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 89.1% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 0.90% — low, the market does not expect a decline.

Nokia Dividend 2026: 1.5% Dividend Yield

Dividend Key Figures for Nokia in 2026

Dividend yield
1.50%
Dividend per share
0.05 USD
Payout ratio
32.9%
Healthy
Dividend growth (3 years)
+33.3%
Avg. annual dividend (3 years)
0.13 USD

When does Nokia pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
July 28, 2026
Next dividend payment
August 11, 2026
Latest payment date
August 11, 2026

How much does Nokia pay in dividends?

Nokia pays dividends to its shareholders. The most recently paid dividend was 0.05 USD per share, which corresponds to a dividend yield of 1.50%. Over the last 3 years, the annual dividend has grown by 33.3%, which shows positive dividend growth.

The payout ratio is 32.9%, which is considered healthy and sustainable. The company balances rewarding shareholders with reinvesting in growth.

Historical Dividend Payments for Nokia

We have registered dividend payments for Nokia since 2022-05-02. In that period the stock has paid a dividend 20 times, most recently on 2026-07-28. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrencyPeriod
2026-07-282026-08-110.05USDUnknown period
2026-04-282026-05-120.03USDUnknown period
2026-04-282026-05-120.03USDUnknown period
2026-04-282026-05-120.03USDUnknown period
2026-04-282026-05-120.03USDUnknown period
2026-04-282026-05-120.03USDUnknown period
2026-02-032026-02-180.03USDUnknown period
2025-10-282025-11-120.03USDUnknown period
2025-05-052025-05-150.05USDUnknown period
2024-10-222024-11-050.03USDUnknown period
2024-07-232024-08-060.03USDUnknown period
2024-04-222024-05-080.04USDUnknown period
2024-01-292024-02-130.03USDUnknown period
2023-10-232023-11-070.03USDUnknown period
2023-07-242023-08-080.03USDUnknown period
2023-04-242023-05-090.10USDUnknown period
2023-01-302023-02-140.02USDUnknown period
2022-10-242022-11-080.02USDUnknown period
2022-07-252022-08-090.02USDUnknown period
2022-05-022022-05-170.02USDUnknown period

Insider Trading in Nokia 2026: The Signal Is clearly positive

In 2026, insiders at Nokia have made 3 transactions, all of which were purchases. On a net basis, insiders put 1,690,539 $ into the stock, which is a positive signal. Active insiders include Mahajan, Pallavi, Owczarek, Konstanty. In the short term (last 3 months), the insider signal is clearly positive.

Short-Term Signal (3 months): Clearly positive

Insiders have exclusively bought shares over the last 3 months. This is a strong signal of confidence in the company in the short term.

Over the last 3 months: 3 purchases and 0 sales. A net 1,690,539 $ into the stock.

Long-Term Signal (all transactions): Clearly positive

Insiders have exclusively bought shares. This is a strong signal of confidence in the company's future.

Across the last 3 transactions: 3 purchases and 0 sales. A net 1,690,539 $ into the stock.

Latest purchase: Mahajan, Pallavi bought 62,000 shares at 10 $ each on 2026-07-24. The stock has since risen 0.3%.

Who is buying: Mahajan, Pallavi, Owczarek, Konstanty.

Latest Insider Trades in Nokia (2026)

The table shows the last 3 reported insider transactions in Nokia. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-07-24 Mahajan, Pallavi Buy 62,000 10 592,100
2026-05-26 Owczarek, Konstanty Buy 37,405 16 598,106
2026-05-22 Owczarek, Konstanty Buy 32,595 15 500,333

Who is buying and selling Nokia shares in 2026?

The following insiders have bought shares in Nokia: Mahajan, Pallavi, Owczarek, Konstanty. In total, 1,690,539 $ was bought across 3 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

When Does Nokia Report Earnings – Next Date: 10/22/2026

The next earnings report from Nokia is scheduled for October 22, 2026, before the market opens. This report covers the third quarter (Q3), which ended on September 30, 2026.



Technical Analysis of Nokia 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Nokia (NOK.US) – RSI 41, MACD negative (bearish), daily candlestick chart August 2026
Nokia technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Nokia Corporation

Nokia Corporation is in a short-term downtrend. The price of $9.58 is 6.1% below the 20-day average ($10.20). Medium term, the picture is negative: the price is 24.0% below the 50-day average ($12.61). Long term, the stock is 3.8% above the 200-day average ($9.23), which confirms a long-term uptrend.

Golden Cross: The 50-day average (12.61) is above the 200-day average (9.23), which is a classic bullish signal for Nokia Corporation.

Is Nokia Corporation overbought or oversold?

Nokia Corporation has an RSI of 40.6. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold.

MACD Analysis for Nokia Corporation

Daily MACD: MACD is negative (-0.904), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is above the signal line (-1.001) by 0.097, which suggests the negative momentum is fading – a potential trend reversal could be ahead.

Weekly MACD: MACD5 is positive (0.746), which indicates a broader bullish long-term trend. MACD5 is below the signal line (1.498) by 0.752, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The long-term trend is bullish, but the short-term trend is bearish. Daily momentum is rising, though, which could suggest the pullback is over.

Risk Profile for Nokia Corporation

Nokia Corporation has an annual standard deviation of 59.1%, which classifies the stock as high risk. Sizeable price swings are normal, and the stock requires a higher risk tolerance.

Overall Technical Conclusion for Nokia Corporation

Trend: Neutral/mixed.

MACD trend (zero line): Daily bearish (-0.904). Weekly bullish (0.746).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 40.6 – neutral.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

Frequently Asked Questions About Nokia stock in 2026

Should you buy Nokia stock now?
The technical signal for Nokia is currently NEUTRAL. Nokia trades at $9.51 as of 8/6/2026. The overall technical signal is: Hold. The technical analysis shows the following: MACD is negative (bearish trend) at -0.904 with rising momentum (signal: -1.001); RSI is at 40.6 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $15.02 points to 57.9% upside. This is a technical observation based on current data, not investment advice.
What is the price target for Nokia stock?
The average analyst price target for Nokia is $15.02. The current price is $9.51, which gives an upside of 57.9%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $13.52 and $16.52.
Is Nokia a dividend stock?
Yes, Nokia is a dividend stock with a dividend yield of 1.50%. The latest dividend was $0.05 per share. The latest ex-dividend date (traded without the dividend) was 7/28/2026. The payout ratio is 32.9%, which is considered sustainable. The next dividend payment is scheduled for 8/11/2026.
When does Nokia pay a dividend in 2026?
Nokia pays its next dividend on 8/11/2026. The latest dividend was $0.05 per share with an ex-dividend date of 7/28/2026. The dividend yield is 1.50%. The payout ratio of 32.9% points to a sustainable dividend with room to grow.
What is the risk of Nokia stock?
Nokia is rated as a stock with high risk. the annual standard deviation is 59.1%, which classifies the stock as high risk.
Is Nokia overvalued?
No, Nokia is considered undervalued based on the analyst price target (57.9% upside). Nokia has the following valuation ratios: a P/E ratio of 66.1 (highly valued), a P/S ratio of 2.2, a P/B ratio of 2.1. The analyst price target suggests that the stock is undervalued by 57.9%.
Is Nokia overbought?
No, Nokia is not overbought. RSI is at 40.6 (neutral zone). The technical indicators show: RSI is at 40.6 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 6.8% below the 20-day average (short-term downtrend). In addition, MACD is negative, but momentum is rising (possible trend reversal).
When is the next Nokia earnings report?
Nokia reports its next earnings on October 22, 2026. The stock currently trades at $9.51. With a P/E ratio of 66.1, the market will be watching closely whether earnings meet expectations.
Is Nokia shorted?
Nokia has minimal short interest of 0.90% of the free float, which is insignificant and points to very limited bearish sentiment.
Are insiders buying Nokia stock?
Yes, insiders are net buyers of Nokia – they are buying more shares than they are selling. Over the last 3 months, insiders have made 3 purchases and 0 sales. On a net basis, 1,690,539 $ worth of shares were bought. Across the last 3 reported transactions, the split is 3 purchases and 0 sales, with a net 1,690,539 $ bought. Active buyers include Mahajan, Pallavi, Owczarek, Konstanty. Insider buying is generally seen as a positive signal, because management is putting its own money into the company.
Is Nokia a good stock?
Based on our total score, Nokia is rated as a poor stock with a total score of 34 out of 100. The stock scores below average on value, quality and momentum – it sits at the lower end of the market. The score is made up of Value: 41/100, Quality: 42/100, Momentum: 18/100. In addition: analysts see 57.9% upside to the price target; a dividend of 1.50%; technical signal: Hold. Whether Nokia is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Nokia stock?
The outlook for Nokia based on current data: the average analyst price target is $15.02 (+57.9%); the next earnings report is due on 10/22/2026, which can move the price; the P/E ratio is 66.1 (high – the market expects growth). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Nokia stock falling?
Nokia is falling right now. The technical indicators show: the price is 6.8% below the 20-day average; insiders have mostly been buying the stock recently. Recent news that may be affecting the price: Pallavi Mahajan, anden senior manager i Nokia, har den 2026-07-24 købt 62.000 Nokia aktier på NYSE til kurs 9,55 USD ... (7/27, Insider Køb); FMR LLC (Fidelity) har pr. 2026-07-08 reduceret sin indirekte ejerandel i Nokia under 5%. Ejerandelen faldt fra tidli... (7/10, Ændring i storaktionærandel (indirekte ejerskab gennem finansiellekontrakter tæller ikke - neutral nyhed)); Ledende medarbejder Victoria Hanrahan har købt i alt 44.682 Nokia-aktier på NYSE den 26. og 28. maj 2026 til gennemsn... (5/31, Insider Køb). For the latest context, see our technical analysis, insider section and news overview above.
How high can Nokia go?
The average analyst price target for Nokia is $15.02, which corresponds to a potential gain of 57.9% from the current price of $9.51. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Nokia fall?
We lack enough history to give a specific floor for Nokia. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Nokia do?
Nokia, altså nok.us, laver og sælger udstyr til mobil-, fast- og cloudnetværk globalt. De tjener primært penge på at levere hele løsninger, der får netværk til at køre – lige fra 2G til det nyeste 5G. Virksomheden er delt op i fire store områder. De udvikler eksempelvis radio... The company belongs to the Teknologi sector, more specifically the Communication Equipment industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Nokia as an investment.
Did Nokia raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Nokia. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Nokia making money or losing money?
Yes, Nokia is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 3.5% — which is modest. The operating margin (profit before interest and taxes) is 7.9%. At a P/E ratio of 66.1, you currently pay 66.1 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Nokia go bankrupt?
The bankruptcy risk of Nokia is rated as low. Altman Z2 (a model for assessing financial distress) is 2.61 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 6 — which is average. Debt relative to equity is 89% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Nokia have a lot of debt?
Nokia has moderate debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 89%. For the teknologi sector, 80-150% counts as a typical level. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.


Latest News About Nokia Stock 2026

  • Date: 2026-07-27 12:00:00
    Category: Insider Køb
    The news: Pallavi Mahajan, anden senior manager i Nokia, har den 2026-07-24 købt 62.000 Nokia aktier på NYSE til kurs 9,55 USD pr. aktie, samlet ca. 592.100 USD. Handlen er et markeds-køb og kan tolkes som et tillidssignal fra ledelsen til selskabets udvikling inden for netværk og connectivity. (dato: 2026-07-27 12:00)

  • Date: 2026-07-10 08:45:00
    Category: Ændring i storaktionærandel (indirekte ejerskab gennem finansiellekontrakter tæller ikke - neutral nyhed)
    The news: FMR LLC (Fidelity) har pr. 2026-07-08 reduceret sin indirekte ejerandel i Nokia under 5%. Ejerandelen faldt fra tidligere 5,20% til 4,87% af aktierne (stemmerettigheder fra 4,92% til 4,59%). Ejerandele via finansielle instrumenter er ubetydelige og ændrer ikke billedet. Signalerer mindre institutionel eksponering og kan give kortsigtet salgspres. (dato: 2026-07-10 08:45)

  • Date: 2026-05-31 12:00:00
    Category: Insider Køb
    The news: Ledende medarbejder Victoria Hanrahan har købt i alt 44.682 Nokia-aktier på NYSE den 26. og 28. maj 2026 til gennemsnit 15,8117 USD pr. aktie, samlet ca. 706.496 USD. Købet er et stærkt internt tillidssignal. (dato: 2026-05-31 12:00)

  • Date: 2026-05-26 21:00:00
    Category: Insider Køb
    The news: Konstanty Owczarek, anden senior leder i Nokia, har købt 37405 aktier på NYSE til kurs 15,9878 USD pr. aktie, samlet ca. 598000 USD. Købet er et klart signal om ledelsens tro på aktien. (dato: 2026-05-26 21:00)

  • Date: 2026-05-25 15:00:00
    Category: Insider Køb
    The news: Konstanty Owczarek (anden ledende medarbejder) har købt 32595 Nokia-aktier via NYSE den 2026-05-22 til 15.3457 USD pr. aktie svarende til ca. 500193 USD i alt. Insiderkøbet signalerer tillid til selskabets udvikling. Nokia leverer netværks- og forbindelsesløsninger. (dato: 2026-05-25 15:00)

  • Date: 2025-11-07 15:00:00
    Category: Øvrige ændringer
    The news: Nokia har overført 126758 egne aktier uden betaling til deltagere i selskabets incitamentsprogram. Dette er i overensstemmelse med tidligere beslutning fra bestyrelsen og påvirker ikke ejerstruktur eller frie aktier væsentligt. (dato: 2025-11-07 15:00)

  • Date: 2025-10-29 20:00:00
    Category: Insider Salg
    The news: Nokia meddeler at en ledende medarbejder, Tommi Uitto, har solgt 57.589 aktier til gennemsnitskurs 6,322 EUR per aktie, svarende til cirka 364.267 EUR. Salget kan tolkes negativt af investorer, da insider-salg ofte skaber usikkerhed om fremtidige kursudsigter. (dato: 2025-10-29 20:00)

  • Date: 2025-10-28 16:30:00
    Category: Kapitalforhøjelse
    The news: NVIDIA investerer 1 mia. USD i Nokia gennem rettet emission og bliver 2,9% aktionær. Samtidig indledes strategisk samarbejde om AI-RAN og datacenter netværk. Provenuet bruges til at styrke Nokias AI- og Cloud-indsats og fremme udviklingen af 5G/6G RAN software til NVIDIA-arkitektur. Nyheden ventes at styrke Nokias strategiske position og muligheder for vækst. (dato: 2025-10-28 16:30)