Stock FAQs

how to buy nokia corporation stock

by Prof. Myriam Hill Published 2 years ago Updated 2 years ago
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How to buy stocks in Nokia Corporation

  • Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  • Open your brokerage account. Complete an application with your details.
  • Confirm your payment details. Fund your account.
  • Research the stock. Find the stock by name or ticker symbol – NOK – and research it before deciding if it's a...

How to buy shares in Nokia
  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. ...
  5. Purchase now or later. ...
  6. Check in on your investment.

Full Answer

Is Nokia stock a good buy?

  • Nokia advocates for the world to digitalize to reach net zero and align the digital and green transformations.
  • New 100% renewable electricity target across Nokia facilities, including offices, R&D labs, and factories.
  • Call for public sector to provide framework for stimulus, regulation and standardization that supports greener, digitalized world.

Is Nokia stock a Buy Right Now?

Things are looking tenuous for NOK stock right now, but all hope is not lost. The company is still considered a strong buy on Wall Street and there is hope that the shares could rebound in 2020.

Is Nokia stock a buy or sell?

The Nokia Corporation stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

Is Nokia a good investment?

Though Nokia might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of B and a Momentum score of C. This gives NOK a Zacks VGM score—or its overarching fundamental grade—of A.

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Can you buy Nokia stock now?

The good news is that unlike back in the days, today you can buy shares in companies like Nokia fully online.

Is Nokia Corp a good investment?

NOK is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 13.79. This compares to its industry's average Forward P/E of 18.24. Over the past year, NOK's Forward P/E has been as high as 29.52 and as low as 10.50, with a median of 17.28.

What is the target price for Nokia stock?

Stock Price Target NOKHigh$8.41Median$6.47Low$5.52Average$6.65Current Price$5.04

Is Nokia stock an ETF?

Nokia Oyj Sponsored ADR is a company in the U.S. stock market and it is a holding in 18 U.S.-traded ETFs. NOK has around 9.7M shares in the U.S. ETF market.

Is NOK a good stock to buy 2022?

Jefferies has started coverage of Nokia (NOK +0.6%) at a Buy, expecting a strong year for European telecom equipment even with some pressure easing off global wireless spending further in the future.

Is Nokia a buy or sell stock?

Nokia Oyj has received a consensus rating of Buy. The company's average rating score is 2.87, and is based on 13 buy ratings, 2 hold ratings, and no sell ratings.

What is Nokia stock future?

Stock Price Forecast The 25 analysts offering 12-month price forecasts for Nokia Oyj have a median target of 6.47, with a high estimate of 8.41 and a low estimate of 5.52. The median estimate represents a +40.91% increase from the last price of 4.59.

Will Nokia stock go up tomorrow?

If this Munafa value is near or nearing 100, then this stock might show an upward movement....Munafa value: 50 as on 27 Fri May 2022.Upside target5.2Upside target5.17Downside target5.12Downside target5.09Downside target5.04

Will NOK go up?

Many may see Nokia's (NYSE:NOK) strong performance during 2021 and chalk it up entirely to its association to the “meme stocks” trend. This investing phenomenon could have played a role in some of its wilder moves last year (it's not for certain).

Why is Nokia stock dropping?

Its revenues were hurt by the fact that longtime-customer Verizon (NYSE:VZ) awarded a multibillion-dollar 5G wireless contract to rival Samsung in the quarter. Nokia has struggled with its global rollout of fifth-generation (5G) wireless networks, which has prompted several management changes at the company.

What is Nokia today?

Nokia today The Nokia brand is now controlled by HMD Global – a company founded by former Nokia employees that released a line of smartphones in 2017. The company still manufactures hardware and is involved in the roll-out of the 5G wireless network, among other things.

Why is Nokia share price increasing?

Moreover, NOK stock is bound to rise much higher based on recent results updates. On Jan. 11, Nokia increased its guidance in an update on its 2021 performance and also raised its outlook for 2022 quite significantly. This will have the effect of raising the company's free cash flow (FCF) estimate for 2022.

Steps To Buying Or Selling Nokia Corp Stocks and Shares

Decide how you want to buy, sell or trade Nokia Corp NOKIA stocks and shares. Do you want to to trade in Nokia Corp CFD Stocks, Fractional Nokia Corp shares or traditional Nokia Corp Stocks.

Buy or Sell Nokia Corp (NOKIA) Stock for 4.75 EUR

The highest price Nokia Corp stock has been at in the last year is 5.77 EUR and its lowest price the last year was 3.21 EUR.

How To Buy Or Sell Nokia Corp NOKIA Stocks & Shares

You can purchase Nokia Corp shares directly through a brokerage account or one of the various investment applications available. These systems allow you to buy, trade, and keep Nokia Corp stocks from the comfort of your own home or smartphone.

Choosing An Nokia Corp Stock Broker

When choosing a Nokia Corp stock broker, make sure you consider the variety of exchanges that the broker offers through which to buy and sell individual Nokia Corp stocks and securities, the commissions and fees charged by the broker for conducting trading in Nokia Corp, and what margin rates the broker offers.

Steps to Trading Nokia Corp NOKIA Stocks & Shares

You've opted to purchase Nokia Corp NOKIA stocks and shares. Let's explore what's in store for you before you can declare yourself an Nokia Corp NOKIA stock shareholder. The procedure is same for any company's stock, and we'll use Nokia Corp NOKIA as an example.

How To Buy Sell Or Trade Nokia Corp Stock Guide

When it comes to trading, risk is the potential that your Nokia Corp investment might fail to deliver any anticipated monetary gains. This could mean receiving lower returns than expected, or losing the original Nokia Corp investment itself.

Nokia Corp NOKIA Trading Fees

some Nokia Corp stock brokers are currently offering low or no trading fees for trading Nokia Corp. There is also no account minimum, but there are a variety of promotional offers that you should be aware of before investing in Nokia Corp stock. For instance, eToro is offering commission free stock trading when users sign up for a trading account.

What is Nokia Corporation?

Nokia Corporation provides mobile and fixed network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, and policy and charging, as well as cloud, IoT, security, and analytics platforms; and submarine networks and radiofrequency systems.

How much are Nokia shares worth in 2020?

If you had bought $1,000 worth of Nokia Corporation shares at the start of February 2020, those shares would have been worth $682.98 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1.00.

What is the beta of Nokia?

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nokia Corporation's is 0.5675. This would suggest that Nokia Corporation's shares are less volatile than average (for this exchange).

How to calculate Nokia's P/E ratio?

Nokia Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.6454. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

What is Nokia EBITDA?

Nokia Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3 billion. The EBITDA is a measure of a Nokia Corporation's overall financial performance and is widely used to measure a its profitability.

What is Nokia Corporation?

Nokia Corporation provides mobile and fixed network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, and policy and charging, as well as cloud, IoT, security, and analytics platforms; and submarine networks and radiofrequency systems. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.

How to calculate Nokia's P/E ratio?

Nokia Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P /E ratio by its growth – to give 4.4567. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

How to buy shares in Nokia Corporation from South Africa

Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.

How has coronavirus impacted Nokia Corporation's share price?

Since the stock market crash in March caused by coronavirus, Nokia Corporation's share price has had significant positive movement.

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We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind.

Is it a good time to buy Nokia Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Nokia Corporation under- or over-valued?

Valuing Nokia Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nokia Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sheri Bechtel

Sheri Bechtel is the share trading and investing editor at Finder, where she mentors writers to break down complicated topics like asset allocation, capital gains and expense ratios into concepts even newbies can understand.

How to buy shares in Nokia Corporation from Ireland

Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.

How has coronavirus impacted Nokia Corporation's share price?

Since the stock market crash in March caused by coronavirus, Nokia Corporation's share price has had significant positive movement.

Compare online brokers

Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind.

Is it a good time to buy Nokia Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Nokia Corporation under- or over-valued?

Valuing Nokia Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nokia Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Soujanya Datta

Soujanya Datta works for the global financial team at Finder, helping users to get better with financial literacy. Before joining Finder, she worked as a quantitative researcher for companies like PayPal and Kepler Analytics. She holds a double master's degree in Quantitative Research and Marketing from Macquarie University, Sydney.

How much did Nokia stock gain in 2021?

The Nokia Corporation stock price gained 1.11% on the last trading day (Friday, 9th Jul 2021), rising from $5.41 to $5.47. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.10% from a day low at $5.45 to a day high of $5.51. The price has risen in 6 of the last 10 days and is up by 6.42% over the past 2 weeks. Volume fell on the last day by -11 million shares and in total, 17 million shares were bought and sold for approximately $92.75 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Is BNP Paribas positive about NOK?

BNP Paribas is very positive about NOK and gave it a "Neutral - Outperform" rating on July 06, 2021. The price target was set to $7.70 . Over the last 30 days, this security got 5 buy, 0 sell, and 0 hold ratings.

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