Why Nokia (NOK) Stock Is Down Today Nokia (NOK) is falling Tuesday after announcing it will suspend phone manufacturing at its plant in Chennai, India. Lindsay Ingram Oct 7, 2014 10:56 AM EDT
Should you buy NOK stock?
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell ... Consensus EPS estimate remained stagnant. Nokia is currently a Zacks Rank #3 (Hold). Valuation is also important, so investors should note that Nokia has a Forward P/E ...
How to buy Nokia stock?
Just follow these five easy steps:
- find a broker
- open your account
- fund the account
- buy the share
- review your position
What to expect from Nokia earnings?
2, 2021, 03:01 PM
- Nokia reveals earnings for the most recent quarter on February 4.
- Analysts expect Nokia will report earnings per share of $0.132.
- Track Nokia stock price in real-time ahead here.
What is the market share of Nokia?
Nokia feature phones held around 16% market share while Nokia smartphones accounted for only 0.7% of market share globally. Overall, Nokia handset market share in Q4 2020 stood at a little over 3%. This means that only 2.77 million Nokia smartphones were shipped in Q4 2020 taking into account the CounterPoint report.
Is Nokia stock a good buy right now?
Nokia (NOK) is a stock many investors are watching right now. NOK is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 11.97, while its industry has an average P/E of 14.25.
What is the prediction for Nokia stock?
On average, Wall Street analysts predict that NOKIA's share price could reach $7.52 by Apr 29, 2023. The average NOKIA stock price prediction forecasts a potential upside of 49.15% from the current NOK share price of $5.04.
Why did Nokia stock rise today?
Nokia Tuesday upgraded its financial guidance for 2021 and estimated that it would have a comparable operating margin this year.
What will Nokia stock be worth in 2022?
Nokia Stock Price Forecast 2022-2023 The forecasted Nokia price at the end of 2022 is $4.98 - and the year to year change -20%. The rise from today to year-end: +6%. In the middle of 2022, we expect to see $4.85 per 1 Nokia.
What will NOK stock do tomorrow?
Tomorrow's movement Prediction of Nokia Corporation NOK as on 10 Jun 2022 appears undecisive. It can be Bearish or Bullish....Munafa value: 24 as on 10 Fri Jun 2022.Downside target4.63Upside target4.76Upside target4.79Upside target4.81Upside target4.895 more rows
What is the future of Nokia?
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.
Should I buy Nokia stock 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).
Is Nokia going to rise?
Several Positive Developments Are Helping Momentum Nokia reported solid earnings for the third quarter of 2020, with revenue rising from $5.99 billion in the third quarter of 2020 to $6.1 billion in the third quarter of 2021. The company's gross margins rose from 37.1% to 40.7%.