Nokia (NOK) stock price prediction is 6.3281496246457 USD. The Nokia stock forecast is 6.3281496246457 USD for 2023 June 21, Wednesday; and 15.741 USD for 2027 June 21, Monday with technical analysis. Menu
Is Nokia stock a buy or sell?
The Nokia Corporation stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
Should I sell Nokia stock?
Nokia Oyj (NOK) full year performance was 22.38% Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Nokia Oyj shares are logging -19 ...
Why is Nokia stock down?
The stock is trading at multiyear lows today, touching prices not seen since 2012. Investors don't take halted dividends and guidance cuts lightly, and for good reason. These drastic moves point to deep-seated trouble within Nokia's business model.
Should I buy NOK stock?
The market cap for NOK stock reached $28.95 billion, with 5.63 billion shares outstanding and 5.38 billion shares in the current float. Compared to the average trading volume of 27.15M shares, NOK reached a trading volume of 34022535 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What is the forecast for Nokia stock?
The 24 analysts offering 12-month price forecasts for Nokia Oyj have a median target of 6.57, with a high estimate of 8.41 and a low estimate of 5.52. The median estimate represents a +41.44% increase from the last price of 4.64.
Is NOK a buy or sell?
The Price to Earnings ratio or P/E is price divided by earnings....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
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: 60 as on 22 Fri Jul 2022.Upside target5.25Upside target5.11Downside target5.07Downside target5.03Downside target5.013 more rows
Is NOK a good stock to buy 2022?
Is Nokia Stock a good buy in 2022, according to Wall Street analysts? The consensus among 3 Wall Street analysts covering (NYSE: NOK) stock is to Strong Buy NOK stock.
Does Nokia have a dividend?
Dividend resolutions On 28 April 2022, the Board resolved to distribute a dividend of EUR 0.02 per share. The dividend record date is on 3 May 2022 and the dividend will be paid on 12 May 2022.
Why is NOK 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 does Nokia do today?
Once a big producer of mobile handsets, Nokia now makes routers, network processors, and products for telecom infrastructure, including the 5G network, and also offers cloud services and solutions.
How many shares does Nokia have?
Nokia shares outstanding for the quarter ending March 31, 2022 were 5.635B, a 0.19% increase year-over-year. Nokia 2021 shares outstanding were 5.684B, a 1.28% increase from 2020. Nokia 2020 shares outstanding were 5.612B, a 0.25% decline from 2019.
Will NOK rise?
We still expect Norges Bank to hike their key rate four time this year, bringing it up to 1.5% by end-2022.
Will Nokia go up?
Nokia has set a long-term target to boost revenue faster than the market. Analysts expect the company to post sales of €23.3 billion this year and €23.7 billion in 2023, both beating revenue of €22.2 billion last year.
Is Nokia undervalued?
Valuation Metrics NOK stock looks undervalued here, as it trades below its historical valuation multiple averages on a forward EV/EBITDA ratio and a forward price-to-normalized-earnings ratio.
Why is Nokia stock falling?
Nokia stock is likely to slump today following its latest financial report. Key to a meaningful recovery will be for Nokia to beat analyst expectations for its quarterly revenue and earnings per share (EPS), and to demonstrate that it is truly able to compete in the global 5G wireless market.
Is NOKIA Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 5 Wall Street analysts covering ( NYSE : NOK ) stock is to Strong Buy NOK stock. Out of 5 analysts , 3 ( 60% ) are re...
What is NOK's earnings growth forecast for 2022-2024?
( NYSE : NOK ) NOKIA 's forecast annual earnings growth rate of 22.37% is forecast to beat the US Communication Equipment industry's average...
What is NOK's revenue growth forecast for 2022-2024?
( NYSE : NOK ) NOKIA 's forecast annual revenue growth rate of 2.8% is not forecast to beat the US Communication Equipment industry's avera...
What is NOK's forecast return on assets (ROA) for 2022-2024?
(NYSE: NOK) forecast ROA is 7.37%, which is lower than the forecast US Communication Equipment industry average of 12.77%.
What is NOK's Price Target?
According to 3 Wall Street analyst s that have issued a 1 year NOK price target, the average NOK price target is $7.52 , with the highest N...
What is NOK's Earnings Per Share (EPS) forecast for 2022-2024?
(NYSE: NOK) NOKIA's current Earnings Per Share (EPS) is $0.32. On average, analysts forecast that NOK's EPS will be $0.42 for 2022, with the lowest...
What is NOK's forecast return on equity (ROE) for 2022-2024?
(NYSE: NOK) forecast ROE is 17%, which is considered weak.
How much will Nokia stock price be in 2022?
In the first half of 2022, the Nokia price will climb to $6.67 ; in the second half, the price would add $0.99 and close the year at $7.66, which is +50% to the current price. Nokia Stock Forecast 2023-2027. These five years would bring an increase: Nokia price would move from $7.66 to $13.07, which is up 71%.
What is the price of Nokia in 2021?
Nokia price started in 2021 at $3.90. Today, Nokia traded at $5.47, so the price increased by 40% from the beginning of the year. The forecasted Nokia price at the end of 2021 is $7.75 - and the year to year change +98%. The rise from today to year-end: +42%.
How much will Nokia cost in 2021?
Nokia price started in 2021 at $3.90. Today, Nokia traded at $5.47, so the price increased by 40% from the beginning of the year. The forecasted Nokia price at the end of 2021 is $7.75 - and the year to year change +98%. The rise from today to year-end: +42%. In the first half of 2022, the Nokia price will climb to $9.74; in the second half, the price would add $0.68 and close the year at $10.42, which is +90% to the current price.
Stock Price Forecast
The 25 analysts offering 12-month price forecasts for Nokia Oyj have a median target of 7.08, with a high estimate of 8.01 and a low estimate of 5.99. The median estimate represents a +25.07% increase from the last price of 5.66.
Analyst Recommendations
The current consensus among 29 polled investment analysts is to Buy stock in Nokia Oyj. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail
About Nokia
Nokia Oyj engages in the provision of network infrastructure, technology, and software services. It operates through the following segments: Networks, Nokia Software, Nokia Technologies, and Group Common and Other. The Networks segment comprises mobile networks, services, fixed networks, and optical networks.
Nokia (NYSE:NOK) Frequently Asked Questions
15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nokia in the last twelve months. There are currently 3 hold ratings and 12 buy ratings for the stock.
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.
What is Net4Mobile Sweden?
Net4Mobility is Sweden's largest RAN network, carrying 60% of the country's network traffic. For 4G alone, it covers 90% of the country. Nokia will continue to try and improve legacy 4G systems and push the ultra-fast speeds of 5G through its products. It creates a positive outlook for the next five years.
Which country has the latest 5G law?
Germany is the latest to do so with its "IT Security Law 2.0" restricting the role of "untrustworthy" 5G technology suppliers. The anti-Huawei sentiment is still projected to increase across the continent. Nokia is also making moves in Sweden, home of Ericsson.
Is Nokia in Sweden?
Nokia is also making moves in Sweden, home of Ericsson. It was just selected by Net4Mobility for 5G expansion in a five-year deal. The plan is to upgrade Net4Mobility's existing 4G radio network while adding a 5G layer using Nokia's platform. This is great for Nokia's momentum in Europe.
Is Nokia stock going up in 2025?
The broad market, the 5G market, and Nokia's product will still serve as three key drivers of the Nokia stock price leading up to 2025. For the broad market, the S&P 500 has ripped upward 57% since the pandemic slump. The economy is reopening further as people around the world get vaccinated.
Did Nokia back down?
But Nokia did not back down. It enlisted Marvell Technology Group Ltd. (NASDAQ: MRVL) to develop a better chipset. Since then, the company has been steadily phasing out the faulty chipsets for the good ones. Now, its success hinges on beating other tech giants.
Will Nokia resume dividend payments?
If Nokia is set to resume dividend payments, you want to get in before that happens. That's when a wave of dividend investors will flood back into Nokia. They will also be hoping for solid growth. All in all, Nokia stock presents solid growth potential for anyone interested in profiting from 5G over the next decade.
