Nokia Oyj (NOK) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$13.19
Price Target
$11.52
Target Range
$6.57 — $15.00
Analyst Rating
Buy
Forward P/E39.6x
Trailing P/E102.2x
Forward PEG—
Implied Growth+139.8%
Median Target$13.00
Analyst Spread73.2%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$7
-50.2%
Consensus
$12
-12.7%
Bull Case
$15
+13.7%
NOK Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Nokia Oyj (NOK) has a Wall Street consensus price target of $11.52, based on estimates from 52 covering analysts. With the stock currently trading at $13.19, this represents a potential downside of -12.7%. The company has a market capitalization of $75.48B.
Analyst price targets range from a low of $6.57 to a high of $15.00, representing a 73% spread in expectations. The median target of $13.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 32 analysts rating the stock as a Buy or Strong Buy,15 rating it Hold, and 5 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, NOK trades at a trailing P/E of 102.2x and forward P/E of 39.6x. Analysts expect EPS to grow +139.8% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside-13.6%
Avg Forward P/E39.5x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ERICTelefonaktiebolaget LM Ericsson (publ) | $36.9B | $12.00 | $6.94 | -42.2% | Hold | 2.0x | 40 |
 CSCOCisco Systems, Inc. | $362.9B | $91.63 | $96.50 | +5.3% | Buy | 22.1x | 73 |
 HPEHewlett Packard Enterprise Company | $40.3B | $30.36 | $28.71 | -5.4% | Hold | 12.6x | 37 |
 CIENCiena Corporation | $81.6B | $576.79 | $334.17 | -42.1% | Buy | 93.8x | 41 |
 VIAVViavi Solutions Inc. | $12.3B | $53.00 | $32.25 | -39.2% | Buy | 57.3x | 19 |
 CALXCalix, Inc. | $2.9B | $44.34 | $61.00 | +37.6% | Buy | 25.0x | 21 |
 QCOMQUALCOMM Incorporated | $203.1B | $192.66 | $175.00 | -9.2% | Hold | 17.9x | 69 |
 MRVLMarvell Technology, Inc. | $149.1B | $172.15 | $129.52 | -24.8% | Buy | 44.9x | 72 |
 INTCIntel Corporation | $567.4B | $113.01 | $77.18 | -31.7% | Hold | 108.4x | 84 |
 TAT&T Inc. | $178.4B | $25.55 | $29.42 | +15.1% | Hold | 11.1x | 62 |
Upside Potential Comparison
CALXTCSCOHPEQCOMMRVLINTCVIAVFull NOK Stock Analysis
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Start ComparisonNOK — Frequently Asked Questions
Quick answers to the most common questions about buying NOK stock.
What is the NOK stock price target for 2026?
NOK's consensus price target is $11.52, -12.7% below the current price of $13.19. The 52 analysts tracking NOK see downside risk at present valuations.
Is NOK a buy, sell, or hold?
NOK has a consensus rating of "Buy" based on 52 Wall Street analysts. The rating breakdown is predominantly bullish, with 32 Buy/Strong Buy ratings. The consensus 12-month price target of $11.52 implies -12.7% downside from current levels.
Is NOK stock overvalued or undervalued?
At a forward P/E of 39.5502x, NOK trades at a premium valuation. The consensus price target of $11.52 (-12.7% downside) suggests analysts may view current valuations as stretched.
How high can NOK stock go?
The most bullish Wall Street analyst has a price target of $15 for NOK, while the most conservative target is $6.57. The consensus of $11.52 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover NOK stock?
NOK is heavily covered by Wall Street, with 52 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 32 have Buy ratings, 15 recommend Hold, and 5 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the NOK stock forecast?
The 12-month NOK stock forecast based on 52 Wall Street analysts shows a consensus price target of $11.52, with estimates ranging from $6.57 (bear case) to $15 (bull case). The median consensus rating is "Buy".
What is NOK's forward P/E ratio?
NOK trades at a forward P/E ratio of 39.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 102.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy NOK stock?
Analysts are cautious on NOK, with 5 Sell ratings and a price target of $11.52 (-12.7% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do NOK price targets vary so much?
NOK analyst price targets range from $6.57 to $15, a 73% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $11.52 consensus represents the middle ground.