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Nokia

5.50 EUR

-1.86 %

25,836 following

NOKIA

NASDAQ Helsinki

Telecommunications

Technology

-1.86 %
-1.36 %
+1.66 %
+21.06 %
+28.71 %
+24.58 %
+19.48 %
+74.73 %
+98.04 %

Nokia is a global telecommunications company. The company offers solutions in IP, broadband, digital health, and cloud-based systems. The customers are found in a broad base of markets and consist of large corporate customers, authorities, and private consumers. The business is established on a global level in all regions. Nokia was founded in 1865 and the head office is located in Esbo, Finland.

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Market cap
31.56B EUR
Turnover
8.99M EUR
P/E (adj.) (25e)
EV/EBIT (adj.) (25e)
P/B (25e)
EV/S (25e)
Dividend yield-% (25e)
Coverage
Recommendation
Reduce
Target price
Updated
20.11.2025
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 09.07.2024

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.1.
2026

Annual report '25

9.4.
2026

General meeting '26

23.4.
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
For the year 2028, Nokia’s guidance averages out to 2.95 billion euros in comparable operating profit. In Inderes’ forecasts, the figure in the calculations appears to be 2.82 billion euros. And even though the stock has risen by about 8% since November 20, 2025 (close 5.20), Nokia...
1/9/2026, 10:14 AM
by Lexus
20
OP earnings preview: Earnings turn to growth  Nokia’s 2026–2028 strategy period starts on a mixed note. The growth outlook for Network Infrastructure is good, as AI investments provide a new growth boost to the market. In Mobile Networks, the market is not growing, but Nokia’s collaborati...
3 hours ago
by ruuki
13
Nordea lowers Nokia’s target price to 6.5 euros (7.0) and reiterates its buy recommendation today at 08.17 ∙ Finwire Nokia ADR
4 hours ago
by 0-Kelvin
11
And one more from yesterday. ABG Sundal Collier raises target price for Nokia to EUR 6.40 from EUR 5.80. Reiterates buy recommendation. According to Factset, the average target is already €6.07. TradingView doesn’t seem to have updated with the latest ones, and the target is €5.904...
1/9/2026, 6:46 AM
by Lexus
11
@Mikael_Rautanen @atte_riikola something to consider regarding information refinement. This discussion forum, for instance, has proven to be a high-quality source of information refinement through the contributions of Nokia experts. And I don’t just mean guessing financial parameters...
1/9/2026, 11:35 AM
by Prototyping
10
About this Hisense deal: tens of millions per year and even for back payments something “small”. Personally, I’d perhaps go with Kink at the lower end of the range. Estimate of royalty / catch-up payments — realistic view Because the deal terms are confidential, we can only estimate...
1/9/2026, 7:51 AM
by ruuki
10
20.11.2025 Inderes analysis @Atte_Riikola “Nokia’s targeted comparable operating profit of 2.7-3.2 billion euros for 2028 was in line with our previous expectations, and our forecasts are at the lower end of the target range. In our estimation, some market participants had expected...
1/9/2026, 9:25 AM
by Prototyping
9
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