NOK Stock Price Today (October 2026) — Nokia Oyj Analysis & Key Metrics 2026-10-08
Nokia Oyj (NOK) is trading at $10.14, down 4.52% today (as of October 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $14.97 (47.6% upside).
- Volatility is high (42.95% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (8.40% YoY) alongside competitive pressures in the Communication Equipment space.
NOK Stock Analysis: Key Metrics & Valuation (October 2026)
Concise, actionable data for investors
Nokia Oyj - Historical Price & Volume
- Price
- Volume
- Latest price
Market Cap
Enterprise Value: $55.00B
P/E Ratio
Forward P/E: 20.41
Revenue Growth
Year over Year
Analyst Target
+47.6% upside potential
Key Investor Questions About NOK
What investors need to know before buying
Based on current market data, NOK presents a neutral technical setup with looking solid fundamentals.
- Technicals say: Neutral (RSI 45.25)
- Fundamentals say: Looking solid (debt and growth supportive)
NOK's growth trajectory depends on its ability to expand within the Communication Equipment sector while managing margin pressures.
- Future growth will depend on performance in core Communication Equipment operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for NOK investors include debt exposure and competitive dynamics in the Communication Equipment industry.
- $3.36B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Communication Equipment.
52-Week Trading Range
Over the past year, NOK stock traded between $4.86 and $17.45 and currently trades in the middle of that range. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 42.95% annualized volatility and β=1.56, the stock exhibits high sensitivity to market moves—making NOK suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
Moderate ownership metrics suggest a balanced supply-demand dynamic.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines and coverage
How Deeper Azure and Copilot Adoption Across Regulated Industries Will Impact Microsoft (MSFT) Investors
In recent days, partners including Marvell, Nokia, Causaly, Everforth and others have announced expanded collaborations that embed Microsoft Azure, Copilot and Fabric more deeply into financial services, telecom, life sciences and IT modernization workloads. Together with Microsoft’s latest dividend increase and fresh AI‑driven client wins, these moves reinforce how broadly the company’s cloud and AI platforms are being adopted across regulated, data‑intensive industries. Against this...
NOK Stock Rises Overnight: Nokia’s EURO STOXX 50 Index Return On Monday Adds To AI-Fueled Momentum
Nokia will rejoin the top Eurozone index a year after it was dropped.
Nokia (NOK) Gets a Buy Rating, But Q2 Operating Loss Raises Questions
On September 17, B. Riley initiated coverage of Nokia Oyj (NYSE:NOK), giving the stock a Buy rating and setting the price target at $15. The firm pointed to the company’s position in telecom infrastructure, cloud software, and hardware networking solutions. Riley noted that the company’s networking businesses are seeing strong growth. In Q2 2026, Optical […]
These 3 Stocks Under $20 Have Wall Street Looking Past the Share Price
Analysts remain bullish on three stocks under $20: Nokia, Huntington Bancshares and CNH Industrial, each showing upside potential ahead of October earnings reports.
Can Nokia Oyj (HLSE:NOKIA) Speed Up Telecom AI With Its New Data Push?
Nokia Oyj (HLSE:NOKIA) expanded its partnership with Microsoft to transform telecom automation using unified, AI-driven data operations. The collaboration connects Nokia Data Suite directly with Microsoft Fabric to streamline network data access for global telecom operators. The combined platform is designed to shorten network data retrieval times and support multi-vendor AI use cases such as autonomous assurance and predictive maintenance. This Nokia and Microsoft AI data operations...
Jim Cramer Says He “Would Be a Buyer Right Here, Right Now” of Nokia (NOK)
Starting the lightning round of the September 16 episode of Mad Money, a caller asked for thoughts on Nokia Oyj (NYSE:NOK) as they highlighted the company’s partnerships with NVIDIA and Google, networking and data center buildouts, and AI defense systems. Jim Cramer replied: I like Nokia very much. I’m glad you brought it to our […]
Can NOK's Network Automation Progress With MSFT Boost Profits?
NOK expands its Microsoft partnership to build an AI-ready data foundation, helping telecom operators automate network operations.
In AI Infrastructure Race, Nokia’s Optical Bet Outpaces IBM’s Software Pivot
Nokia and IBM have spent five years chasing similar returns, but their bets on where AI infrastructure spending lands could not be more different, and 2026 is forcing a reckoning between the two approaches.
Generac, Nebius, CoreWeave, Nokia, Lucid, Paramount, and More Stocks That Explain Today’s Market
Nebius gains as the so-called neocloud recently announced it would raise its on-demand rates for a range of AI chips.
Jim Cramer Picks Nokia as AI Supercycle Winner While Dumping on BWX Technologies’ 30x Multiple
Jim Cramer gave two nuclear and AI infrastructure plays completely opposite verdicts on the same night, and the reason comes down to a single number that separates a buy from a pass in a rising rate environment.
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Market Insights & Research
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Earnings snapshot
Next report Oct 22, 2026 (before the open, usually)
Frequently Asked Questions
Common investor questions about Nokia Oyj
Nokia Oyj (NOK) is currently trading at $10.14. The RSI (14-day) is at 45.3, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $14.97 implies 47.6% upside from current levels. Volatility is high at 43.0% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Nokia Oyj (NOK): The trailing P/E ratio is 68.93, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 20.41, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 1.02, near 1.0, suggesting roughly fair value relative to growth. Price-to-Book is 2.18. Price-to-Sales is 2.65. Valuation should be compared to Communication Equipment industry peers for context, as different sectors trade at different multiples.
Based on 12 analysts covering NOK, the consensus price target is $14.97. This represents a 47.6% upside from the current price of $10.14. The range spans from a low target of $8.50 to a high target of $21.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Yes, Nokia Oyj (NOK) pays a dividend with a current yield of approximately 1.58%. The annualized dividend rate is $0.14 per share. The payout ratio is 117.5%, which exceeds 100%—this means the company is paying out more than it earns, which may not be sustainable long-term. The most recent ex-dividend date was Jul 28, 2026.
Key risks for Nokia Oyj (NOK) investors include: 1. High volatility (43.0% annualized)—the stock can experience significant daily price swings. 2. Unsustainable dividend payout ratio (118%) could lead to a dividend cut. 3. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 4. Communication Equipment sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Nokia Oyj's (NOK) current debt and financial health profile: Total debt stands at $3.36B. The debt-to-equity ratio is 0.16x, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 1.51, indicating strong short-term liquidity. The quick ratio is 1.22. The company holds $5.13B in cash and equivalents. Free cash flow is positive at $1.18B, providing a cushion for debt servicing and shareholder returns.