NOK Stock Analysis & Forecast (2026)

Nokia Oyj Technology Communication Equipment
$10.07
Current Price
72%
Buy
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Data refreshed: April 22, 2026

Key Financial Metrics

Market Cap
$56.22B
P/E Ratio (TTM)
77.5x
P/E Forward
22.0x
Revenue Growth
2.4%
Gross Margin
44.6%
Net Margin
3.3%
Return on Equity
3.1%
Debt/Equity
0.21

AI Analysis Summary

Nokia Oyj (NOK) is a Technology company in the Communication Equipment industry with a 72% Buy Score. Key strengths include Gross Margin (44.6%), Debt/Equity (0.21). Our AI evaluates 8 fundamental categories including revenue growth, margin quality, balance sheet strength, cash flow generation, return on capital, and valuation metrics.

Revenue Growth: Moderate Gross Margin: Good Net Margin: Thin Return on Equity: Low Debt/Equity: Low Risk

This analysis is generated by StrongBuyAnalytics AI using publicly available financial data from SEC filings, earnings reports, and market feeds. It is not personalized investment advice. See our methodology and disclaimer.

NOK Fundamental Analysis Report
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72%
Strong Buy Score
  • 8 Fundamental Categories Analyzed
  • Revenue & Growth Trends
  • Margin & Profitability Analysis
  • Balance Sheet Strength
  • Cash Flow Quality
  • Valuation Assessment
  • AI-Powered Investment Insights
Get Your Free NOK Report

How It Works: AI Stock Analysis in 60 Seconds

See how our AI analyzes NOK fundamentals to generate buy/sell signals and Strong Buy Scores.

Why NOK Has a 72% Score

Our AI evaluates Nokia Oyj's fundamentals across multiple dimensions. Here is what is driving the current Buy rating:

Recent Catalysts for NOK

Key developments and data points that may impact Nokia Oyj's trajectory:

Earnings declined -40.8% — watch for stabilization in coming quarters.
Wall Street consensus target is $9.03 (-10.3% from current price), based on 9 analyst estimates.
Analyst consensus recommendation: Buy.
Dividend yield of 1.55% provides income while you wait for capital appreciation.

NOK vs. Peers

How Nokia Oyj stacks up against comparable Technology companies on key metrics:

Ticker Price Market Cap P/E Rev Growth Net Margin ROE
NOK $10.07 $56.22B 77.5x 2.4% 3.3% 3.1%
AAPL $268.82 $3.95T 34.0x 15.7% 27.0% 152.0%
MSFT $427.90 $3.18T 26.8x 16.7% 39.0% 34.4%
GOOGL $336.44 $4.07T 31.2x 18.0% 32.8% 35.7%
META $672.02 $1.71T 28.6x 23.8% 30.1% 30.2%

Main Risks for NOK Investors

Every investment carries risk. Here are the specific risk factors our analysis identified for Nokia Oyj:

Low beta of 0.51 suggests limited upside participation in bull markets.
Trailing P/E of 77.5x prices in significant growth — any miss could trigger a sharp selloff.

Generate the full PDF report for a detailed risk-reward framework and bear-case scenarios.

NOK Balance Sheet & Cash Flow

A snapshot of Nokia Oyj's financial health based on the most recent filings:

Total Cash
$6.45B
Total Debt
$4.42B
Current Ratio
1.58
FCF Yield
0.9%
EBITDA
$2.44B
Operating Margin
13.0%

Data sourced from the latest SEC filings. Generate the full PDF report for detailed balance sheet and cash flow commentary.

NOK Valuation Snapshot

Trailing P/E
77.5x
High expectations
Forward P/E
22.0x
Earnings growth expected
Price / Book
2.3x
Reasonable
PEG Ratio
1.05
Fairly valued
Analyst Target (Mean)
$9.03
Range: $6 – $13
Dividend Yield
1.55%
5Y avg: 3.50%
52-Week Price Range — NOK is trading at 91% of its range
$4.00 (52W Low) $10.69 (52W High)

Is NOK a Buy Right Now?

Based on our AI-powered fundamental analysis, NOK has a Strong Buy Score of 72%, earning a "Buy" rating. This score synthesizes 8 key financial metrics to provide an objective investment signal.

Strong Buy Signal

Nokia Oyj demonstrates robust fundamentals across multiple categories. Key strengths include Gross Margin (44.6%) and Debt/Equity (0.21). The stock shows characteristics typically associated with outperformers.

NOK AI Buy & Sell Signals Explained

Our AI analyzes Nokia Oyj's financial statements to generate buy/sell signals based on quantitative metrics, not market sentiment or news headlines. Here's what drives the 72% score:

  • Revenue Growth: 2.4% year-over-year (positive)
  • Gross Margin: 44.6% (strong pricing power)
  • Net Margin: 3.3% (profitable)
  • Return on Equity: 3.1% (positive returns)

Generate the full PDF report for complete category-by-category scoring and AI-powered investment recommendations.

Key Support / Demand Zones

Technical traders can view real-time demand and supply zones for NOK on our Demand Zones page. These zones identify key price levels where institutional buying or selling has historically occurred.

With NOK currently trading at $10.07, our system monitors proximity to these critical levels and can alert you when the stock approaches support or resistance zones.

Subscribe to demand zone alerts to receive real-time notifications when NOK reaches key technical levels.

Earnings & Revenue Outlook

Nokia Oyj operates in the Technology sector, specifically in Communication Equipment. Understanding earnings trends is crucial for forecasting NOK's trajectory.

Current revenue growth of 2.4% slightly beats the average company.

Visit our Earnings Calendar to track upcoming NOK earnings dates and historical beat/miss patterns. Sign up for earnings alerts to get notified before announcements.

NOK Stock Forecast (Next 3–12 Months)

Our AI projects NOK's trajectory based on current fundamentals and historical patterns. With a 72% Strong Buy Score, here's what the data suggests:

Bullish Outlook: Nokia Oyj shows strong fundamental momentum. Stocks with similar profiles have historically outperformed over 12-month periods.

For a complete 12-month price forecast with specific bull/bear scenarios, generate the full PDF report.

Valuation Metrics (P/E, Growth, Margins)

Understanding valuation is critical for determining if NOK is fairly priced. Here's the current snapshot:

  • Market Capitalization: $56.22B
  • P/E Ratio (TTM): 77.5x (high expectations)
  • Forward P/E: 22.0x (based on analyst estimates)
  • Debt/Equity: 0.21 (conservative balance sheet)

Our AI weighs these metrics against growth rates and margin quality to determine if NOK offers compelling risk-adjusted returns at current prices.

Bull Case for NOK

Here's why investors are bullish on Nokia Oyj:

  • Gross Margin (44.6%)
  • Debt/Equity (0.21)

With a 72% Strong Buy Score, the bull case is well-supported by current fundamentals. The stock exhibits characteristics of quality compounders that tend to outperform long-term.

Bear Case & Risks for NOK

Every investment carries risk. Here are potential concerns for NOK investors:

  • Competitive pressures in Technology
  • Macroeconomic sensitivity and interest rate exposure
  • Execution risk on growth initiatives
  • Valuation compression if growth slows

The full PDF report includes a detailed bear case analysis with specific risk ratings for each category.

Summary / 12-Month Outlook

NOK Summary: Nokia Oyj earns a 72% Buy Score based on AI analysis of fundamental data. Trading at $10.07 with a $56.22B market cap, the stock shows strong fundamentals supporting a bullish 12-month outlook.

Bull Case: Gross Margin (44.6%), Debt/Equity (0.21)

For the complete analysis with specific price considerations, growth projections, and AI-powered buy/hold/sell recommendations, generate your free NOK PDF report.

Learn More About Stock Analysis

Deepen your understanding of the concepts used in this NOK analysis:

Fundamental Analysis Guide

Learn how to evaluate stocks using financial statements and key metrics.

Understanding P/E Ratio

What P/E ratio tells you about a stock's valuation and growth expectations.

Return on Equity (ROE)

Why ROE matters for stock selection and how to interpret it.

Stock Valuation Methods

Compare DCF, P/E, and other approaches to value stocks like NOK.

What Are Demand Zones?

Find key support and resistance levels for NOK and other stocks.

How to Read Earnings Reports

Understand earnings per share, revenue surprises, and guidance.

Related Tools for NOK

Demand Zone Analyzer NOK Live Chart NOK SEC Filing News Earnings Calendar Institutional Ownership Sector Scanner Average Down Calculator

NOK SEC Filing News

Latest SEC filings for NOK explained in plain English — insider buys/sells (Form 4), proposed sales (Form 144), material events (8-K), and quarterly & annual reports.

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Frequently Asked Questions about NOK

Is NOK a good buy right now?
NOK currently has a Strong Buy Score of 72% (Buy). Based on AI analysis of fundamentals, NOK shows strong buy signals with solid revenue growth, margins, and return metrics. Generate a free PDF report for specific buy/hold/sell recommendations.
What is the NOK stock forecast for 2026?
Our AI forecasts NOK based on current fundamentals: revenue growth of 2.4%, net margin of 3.3%, and P/E of 77.5x. The 72% Strong Buy Score reflects our outlook combining growth trajectory, margin quality, and valuation. See the full 12-month projection in your PDF report.
What are key support and resistance levels for NOK?
View real-time NOK demand zones (support) and supply zones (resistance) on our Demand Zones page. With NOK currently at $10.07, you can see how close the stock is to key technical levels. Subscribe to get alerts when NOK approaches these zones.
How do NOK fundamentals compare to peers?
Nokia Oyj operates in the Technology sector. Key metrics for peer comparison: Gross margin 44.6%, ROE 3.1%, Debt/Equity 0.21. The 72% Strong Buy Score factors in how these metrics stack up against industry averages. Data is refreshed daily.
Is the NOK analysis PDF report free?
Yes! Your first NOK fundamental analysis report is completely free with no credit card required. The PDF includes the full Strong Buy Score breakdown, all 8 fundamental categories analyzed, AI-powered insights, and specific investment recommendations. Additional reports are available through our subscription plans starting at $24/month.
What is Nokia Oyj's market cap and P/E ratio?
Nokia Oyj (NOK) has a market cap of $56.22B and a trailing P/E ratio of 77.5x (forward P/E: 22.0x). These valuation metrics are key factors in our Strong Buy Score calculation. See all metrics in the PDF report for comprehensive valuation analysis.

This NOK analysis is for educational and informational purposes only and does not constitute financial advice. All data is sourced from public filings and market feeds. Past performance does not guarantee future results. Read our full disclaimer.