Is Nokia stock a good buy?
Feb 03, 2021 · Nokia Corporation (NOK) is a leading communication equipment business based in the US. It opened the day at $5.46 after a previous close of $5.41. During the day the price has varied from a low of $5.45 to a high of $5.51. The latest price was $5.47 (25 minute delay). Nokia is listed on the NYSE and employs 87,927 staff.
Is Nokia stock a Buy Right Now?
Jun 03, 2021 · For example, if you’re buying NOK, you might set a limit price of $5.10 and a stop price of $4.90. If the price of NOK rises above $4.90, your stop-limit order will convert to a …
Is Nokia stock a buy or sell?
On average, Wall Street analysts predict. that NOKIA's share price could reach $7.43 by Mar 17, 2023. The average NOKIA stock price prediction forecasts a potential upside of 43.49% from the current NOK share price of $5.18.
What should Nokia do to revive its market?
Mar 26, 2021 · Nokia (NOK) was one of the names caught up in the retail-driven January short squeeze mania. However, like most short squeezes, the boom was short-lived and the stock came tumbling back down to ...
Can you buy Nokia stock now?
You log in to your online brokerage, search for Nokia share, insert the number of shares you wish to buy, and click buy, which will initiate the purchase of shares (in trading lingo: execute the buy order).
Is Nokia stock a buy or sell?
It's calculated as earnings divided by price. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Should you buy Nokia stock?
Experts are bullish on Nokia stock. Based on 8 analyst reports, consensus price target currently sits at $7.22 per share, representing 25% upside potential at last check. NOK has a moderate buy recommendation: 5 analysts rate the stock a buy, and 3 are neutral.Oct 29, 2021
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: 40 as on 08 Fri Apr 2022.Downside target5.3Upside target5.41Upside target5.43Upside target5.48Upside target5.514 more rows
Is Nokia a good stock to buy in 2021?
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).Jan 6, 2022
Is Nokia a good stock to buy 2022?
The Nokia stock forecast 2022 is a bullish one, which rides on the back of the latest 2021 guidance by the company that exceeds its previous targets, the 4th quarter earnings that beat estimates, the restart of dividend payments, and the strong imprint the company is making in the deployment of 5G technology.Feb 10, 2022
Is Nokia a good long term hold?
Nokia wrapped up another strong quarter highlighted by decent revenue and margin growth. Though its supply chain issues may impact its fourth-quarter performance, it should perform exceedingly well in the long term.Nov 3, 2021
What is Nokia stock future?
Stock Price Forecast The 25 analysts offering 12-month price forecasts for Nokia Oyj have a median target of 6.71, with a high estimate of 8.00 and a low estimate of 5.65. The median estimate represents a +25.93% increase from the last price of 5.33.
What is the highest Nokia stock has ever been?
The all-time high Nokia stock closing price was 61.88 on June 19, 2000. The Nokia 52-week high stock price is 6.40, which is 23.1% above the current share price. The Nokia 52-week low stock price is 4.12, which is 20.8% below the current share price. The average Nokia stock price for the last 52 weeks is 5.57.
What is the target price for Nokia stock?
Stock Price TargetsHigh$8.00Median$6.71Low$5.65Average$6.83Current Price$5.10
What is Nio price target?
NIO Inc (NYSE:NIO) The 28 analysts offering 12-month price forecasts for NIO Inc have a median target of 33.22, with a high estimate of 86.02 and a low estimate of 23.93. The median estimate represents a +93.83% increase from the last price of 17.14.
What is the forecast for Apple stock?
Stock Price Forecast The 37 analysts offering 12-month price forecasts for Apple Inc have a median target of 191.00, with a high estimate of 215.00 and a low estimate of 145.00. The median estimate represents a +12.16% increase from the last price of 170.29.
Is Nokia Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 6 Wall Street analysts covering ( NYSE : NOK ) stock is to Strong Buy NOK stock. Out of 6 analysts , 4 ( 66.67% ) are...
What is NOK's earnings growth forecast for 2022-2024?
( NYSE : NOK ) Nokia 's forecast annual earnings growth rate of 17.17% 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 3.93% is not forecast to beat the US Communication Equipment industry's aver...
What is NOK's forecast return on assets (ROA) for 2022-2024?
(NYSE: NOK) forecast ROA is 5.97%, which is lower than the forecast US Communication Equipment industry average of 12.51%.
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 $7.43 , 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 13.78%, which is considered weak.
Where is Nokia located?
Headquartered in the greater Helsinki, Finland area, Nokia is largely a hardware, software and telecommunications company. Originally founded in 1865, Nokia now employs over 100,000 people across over 100 countries. Nokia’s stock price peaked at over $59 dollars in 2000 during the dot-com bubble.
What is limit order?
A limit order is an order to buy or sell a stock at a predefined price or better. For example, you might set a limit order that tells your broker that you want to buy NOK stock at a maximum price of $5 a share. If the price of NOK falls below $5, your broker will execute the order.
What is stop loss order?
Stop-Limit Order. A stop-limit order is a type of order that combines a stop-loss order and a limit order. When you place a stop-limit order, you have to set an upper limit and lower limit price.
What is Benzinga's weighted scale?
For brokerage reviews, Benzinga created a weighted scale based on the following criteria: usability, services offered, customer service, education, research, mobile app, account minimums and fees. We aim to provide the most up-to-date, impactful and trustworthy reviews. For an in-depth look at our process, read the full methodology process.
NOK earnings per share forecast
What is NOK 's earnings per share in the next 3 years based on estimates from 5 analysts?
NOK revenue forecast
What is NOK 's revenue in the next 3 years based on estimates from 3 analysts?
NOK revenue growth forecast
How is NOK forecast to perform vs Communication Equipment companies and vs the US market?
Signals & Forecast
Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development.
Support, Risk & Stop-loss
Nokia Corporation finds support from accumulated volume at $5.88 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Nokia Corporation stock A Buy?
The Nokia Corporation stock holds several negative signals and despite the positive trend, we believe Nokia Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Nokia Corporation (NOK)
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Style Scorecard
The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.
Chart for NOK
The company was an amalgamation of three companies, Nokia AB, Finnish Rubber Works Ltd, and Finnish Cable Works Ltd. In early 1990s, management took a decision to make telecommunications its core business and Nokia divested all of its non-telecommunication ventures accordingly.
Nokia's management discussed the unusual stock price rise
Nokia’s management said that it wasn’t aware of any reason why NOK stock attracted many buyers and drove the price to levels not seen since 2010. Previously, BlackBerry's management was also called in to explain the unusual activity in BB stock.
Nokia stock and WallStreetBets' campaign
A campaign by retail investors on Reddit forum WallStreetBets has driven GameStop (GME) stock to great highs. The stock also got help from Tesla CEO Elon Musk’s apparent endorsement. Many people have linked the unexplained spike in Nokia stock to activity in the WallStreetBets community.
Is Nokia stock in a bubble?
A stock is said to be in a bubble when its price has risen too high and too fast to an unreasonable level. Speculative investor behavior can spark a stock bubble. Amid the rise of investing apps and the availability of cheap money due to low-interest rates, many investors are willing to speculate on stocks.
Investors should be cautious about Nokia stock
The transition to 5G connectivity should generate plenty of business for companies like Nokia. The U.S. is a key market for Nokia. The Biden administration plans to increase government spending in areas like infrastructure.
Where to Buy Nokia Stock
If you’re looking to invest in Nokia, we recommend creating a stock account with one of our top stockbrokers. If you’re outside the United States, select eToro. If you’re inside the US or Canada, choose Stash Invest. Let’s take a look at what these two have to offer.
Should I buy Nokia Stock? Points to consider
If you’re interested in buying Nokia stock, or any other stock such as Samsung stock or Apple stock, we always recommend you look into the company fundamentals and researching historic price movements and forecasts before you take the plunge.
How to Buy Nokia Stock from eToro
Assuming you have a funded account, follow these simple steps to buy Nokia stock.
Investing in Nokia Shares – Final Thoughts
Nokia faces an uncertain future and its stock price has taken a bit of a battering over the last 12 months. There’s no doubt that intense cost pressures relating to the development of 5G technology and the performance of Huawei are taking a toll, but such high costs and shrinking margins shouldn’t continue beyond the 5G bedding in period.
Should I Buy Nokia stock or wait?
On the back of a tough 12 months, Nokia may now be a stock with compelling growth potential. It might be a bit premature to invest right now but we recommend keeping an eye on NOK. This is a company with significant pedigree and we wouldn’t bet against a revival of fortunes after 5G transition pains have been endured.
What are the fees when buying Nokia stock?
Zero-commission stock and ETF trading is available to European clients on eToro. This means that, unlike most brokers, eToro won’t add a dealing charge or any administrative fees when you buy Nokia stock.
Is there a Nokia stock price prediction?
CNN reports that 31 analysts predict a 36.51% increase on the current price ($3.39) over the next 12 months. The median 12-month target is $4.63.
