Nokia Corp (NOK) Stock Forecast & Predictions

Nokia Corp - ADR NOK: $5.93

Karakaari 7, Espoo, Etela Suomen, Finland. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: https://www.nokia.com/

  • Market Cap$33.66B
  • Change (52 Weeks)45.34%
  • Low (52 Weeks)$3.75
  • Nokia Corp (NOK) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Nokia Corp (NOK) is based on 36 Institutional Analyst Ratings where 41.67% are on Strong Buy, 27.78% on Moderate Buy, 27.78% remains on Hold, 0.00% are on Moderate Sell and 2.78% are on Strong Sell.

    Out of 36 Institutional Analysts, majority recommended NOK stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Nokia Corp.

    Nokia Corp (NOK) Stock Price Prediction By Analysts


    HighLowAverage
    $8.62$5.51$7.00
    $7.0017.98% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for NOK set by the institutional analysts is $7.00 where High Estimate is $8.62, Median $6.993720930232557 and Low $5.51.

    The average price target for NOK by Institutional Analysts is $7.00, which is 17.98% Upside from the current price. So according to the Institutional Analysts, NOK Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Nokia Corp (NOK) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesMarket PerformDowngraded
    JP MorganNeutralDowngraded
    JP MorganOverweightMaintained
    MKM PartnersBuyMaintained
    NorthlandOutperformInitiated
    New Street ResearchBuyUpgraded
    Raymond JamesStrong BuyUpgraded
    MKM PartnersBuyMaintained
    JP MorganNeutralDowngraded
    Charter EquityBuyUpgraded
    Goldman SachsSellDowngraded
    Raymond JamesOutperformUpgraded
    BMO CapitalOutperformUpgraded
    Canaccord GenuityBuyUpgraded
    Exane BNP ParibasUnderperformDowngraded
    Credit SuisseOutperformUpgraded
    Bank of AmericaBuyUpgraded
    MKM PartnersBuyUpgraded
    Goldman SachsNeutralDowngraded
    ArgusHoldDowngraded
    Canaccord GenuityHoldMaintained
    Craig-HallumBuyInitiated
    Morgan StanleyOverweightUpgraded
    NatixisBuyUpgraded
    Canaccord GenuityHoldDowngraded
    BMO CapitalMarket PerformDowngraded
    Bank of AmericaNeutralDowngraded
    Exane BNP ParibasNeutralDowngraded
    CLSAUnderperformDowngraded
    Goldman SachsBuyMaintained
    Goldman SachsBuyUpgraded
    CLSAOutperformUpgraded
    Canaccord GenuityBuyUpgraded
    Bank of AmericaBuyUpgraded
    Raymond JamesMarket PerformUpgraded
    NordeaBuyUpgraded
    CLSAUnderperformDowngraded
    Bank of AmericaNeutralDowngraded
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    Credit SuisseOutperformUpgraded
    BMO CapitalOutperformUpgraded
    Deutsche BankBuyUpgraded
    Danske BankBuyUpgraded
    UBSBuyUpgraded
    Kepler CheuvreuxBuyUpgraded
    Evli BankUpgraded
    Oddo SecuritiesBuyUpgraded
    BernsteinOutperformUpgraded
    BarclaysOverweightUpgraded
    SwedbankNeutralUpgraded
    JefferiesHoldDowngraded
    NatixisNeutralUpgraded
    Morgan StanleyOverweightUpgraded
    Credit SuisseNeutralDowngraded
    CitigroupNeutralDowngraded
    BernsteinMarket PerformUpgraded
    BerenbergHoldDowngraded
    Raymond JamesUnderperformDowngraded
    Canaccord GenuityBuyMaintained
    Raymond JamesMarket PerformUpgraded
    Canaccord GenuityBuyMaintained
    JefferiesBuyUpgraded
    NatixisNeutralUpgraded
    Canaccord GenuityBuyUpgraded
    Societe GeneraleBuyUpgraded
    NatixisReduceDowngraded
    BMO CapitalMarket PerformMaintained
    CarnegieBuyUpgraded
    S&P Capital IQBuyUpgraded
    Societe GeneraleHoldDowngraded
    CitigroupBuyUpgraded
    MizuhoNeutralInitiated
    Danske BankBuyUpgraded
    Bank of AmericaBuyMaintained
    SantanderUnderweightDowngraded
    NordeaSellDowngraded
    BarclaysEqual-weightUpgraded
    HSBCNeutralUpgraded
    SEB EnskildaOverweightUpgraded
    Credit SuisseOutperformUpgraded
    RBC CapitalOutperformUpgraded
    BerenbergBuyUpgraded
    Bank of AmericaBuyUpgraded
    Raymond JamesMarket PerformUpgraded
    Oddo SecuritiesReduceDowngraded
    NatixisNeutralUpgraded
    JefferiesHoldUpgraded
    Exane BNP ParibasNeutralUpgraded
    Bank of AmericaNeutralUpgraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    OppenheimerPerformUpgraded
    Northland SecuritiesMarket PerformDowngraded
    MKM PartnersNeutralUpgraded
    Jyske BankSellDowngraded
    Deutsche BankHoldUpgraded
    Credit SuisseNeutralUpgraded
    Cowen & Co.Market PerformUpgraded
    BMO CapitalMarket PerformUpgraded
    BairdNeutralUpgraded
    SwedbankReduceDowngraded
    OppenheimerUnderperformInitiated
    NeedhamHoldDowngraded
    SwedbankHoldDowngraded
    JP MorganOverweightUpgraded
    NordeaBuyDowngraded
    NomuraNeutralMaintained
    BMO CapitalMarket PerformUpgraded
    Evli BankBuyUpgraded
    SwedbankBuyUpgraded
    Argus CapitalBuyUpgraded
    NordeaStrong BuyUpgraded
    NeedhamBuyUpgraded
    StandpointHoldDowngraded
    BarclaysUnderweightDowngraded
    Societe GeneraleBuyUpgraded
    SEB EnskildaBuyUpgraded
    BMO CapitalUnderperformMaintained
    Raymond JamesUnderperformDowngraded
    NomuraNeutralMaintained
    WedbushNeutralMaintained
    Bank of AmericaUnderperformMaintained
    CitigroupNeutralInitiated
    Credit SuisseUnderperformDowngraded
    BMO CapitalUnderperformDowngraded
    Societe GeneraleSellDowngraded
    Deutsche BankSellDowngraded
    Goldman SachsSellDowngraded
    Societe GeneraleHoldUpgraded
    SEB EnskildaHoldUpgraded
    Deutsche BankHoldMaintained
    Canaccord GenuityHoldMaintained
    JefferiesUnderperformDowngraded
    MKM PartnersSellDowngraded
    WedbushNeutralMaintained
    ScotiabankSector PerformMaintained
    ScotiabankSector PerformMaintained
    BarclaysEqual-WeightDowngraded
    Societe GeneraleHoldDowngraded

    Nokia Corp (NOK) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.054
    The average consensus EPS for NOK is $0.054 with a high estimate of $0.074 and Low of $0.039 for the period 2022-03-31 and based on 7 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.09$0.04582021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.08$0.06612021-09-30
    $0.09$0.04582021-06-30
    $0.07$0.01182021-03-31
    $0.14$0.11192020-12-31
    $0.05$0.0522020-09-30
    $0.06$0.02962020-06-30
    $0.01$0.00562020-03-31
    $0.15$0.12972019-12-31
    $0.05$0.04952019-09-30
    $0.05$0.02982019-06-30
    $-0.02$0.03082019-03-31
    $0.13$0.13662018-12-31
    $0.06$0.0542018-09-30
    $0.03$0.04052018-06-30
    $0.02$0.03672018-03-31
    $0.13$0.11912017-12-31
    $0.09$0.06362017-09-30
    $0.08$0.04862017-06-30
    $0.03$0.03022017-03-31
    $0.12$0.07492016-12-31
    $0.04$0.04132016-09-30
    $0.03$0.0352016-06-30
    $0.03$0.03552016-03-31
    $0.15$0.12012015-12-31
    $0.08$0.0672015-09-30
    $0.09$0.05682015-06-30
    $0.05$0.05072015-03-31
    $0.09$0.10132014-12-31
    $0.09$0.06652014-09-30
    $0.06$0.04082014-06-30
    $0.04$0.02272014-03-31
    $0.03$0.05972013-12-31
    $0.01$-0.01452013-09-30
    $0$-0.02862013-06-30
    $-0.02$-0.04612013-03-31
    $0.06$0.01882012-12-31
    $-0.07$-0.10832012-09-30
    $-0.08$-0.09272012-06-30
    $-0.08$-0.07172012-03-31
    $0.06$0.04072011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).