Nokia Corporation (NYSE:NOK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Nokia Corporation (NYSE:NOK) has been given an average recommendation of “Moderate Buy” by the twelve ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $5.9450.

Several brokerages recently weighed in on NOK. Northland Securities set a $7.50 target price on Nokia in a research note on Friday, October 24th. Danske raised Nokia from a “hold” rating to a “buy” rating in a research report on Friday, November 21st. New Street Research set a $6.57 target price on shares of Nokia in a report on Thursday, November 20th. Santander downgraded shares of Nokia to a “neutral” rating in a research note on Wednesday, October 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Nokia from $7.10 to $8.00 and gave the company an “overweight” rating in a research report on Monday, December 1st.

More Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia reached a licence agreement with Hisense that ends all patent-related litigation — removes legal overhang and potential future royalty uncertainty. Nokia signs licence agreement with Hisense, ending all patent-related litigation
• Positive Sentiment: Nokia won a KPN deal to upgrade the Dutch core network to 800G-ready capacity — a tangible network contract supporting revenue and optical/packet product demand. Nokia strengthens KPN’s Dutch digital infrastructure with 800G-ready core network
• Positive Sentiment: Nokia and Telit Cinterion announced a collaboration to deliver next‑generation mission‑critical connectivity and edge intelligence for AI-powered industrial operations — expands addressable market in industrial IoT and edge AI. Telit Cinterion and Nokia to Deliver Next-Generation Connectivity and Edge Intelligence for AI-Powered Industrial Operations
• Positive Sentiment: Kepler Cheuvreux (Kepler Capital) upgraded Nokia to a “buy,” citing a nearing sales recovery — analyst upgrades can attract flows and validate the recovery thesis. Nokia upgraded to “buy” by Kepler Cheuvreux as sales recovery nears; stock up 4%
• Positive Sentiment: Unusual options activity: traders bought ~119,561 call options (≈129% above average daily call volume), signaling speculative bullish positioning by some market participants.
• Neutral Sentiment: Jim Cramer commented that “Nokia is tough because it’s up against Apple,” a high‑profile media mention that may raise attention but is not a direct financial catalyst. Jim Cramer Says “Nokia Is Tough Because It’s Up Against Apple”
• Neutral Sentiment: Analyst/forecast publications updated expectations and price targets for NOK; useful for investors but incremental compared with the contract and litigation news. Nokia Corporation Sponsored (NOK) Stock Forecasts
• Negative Sentiment: Market action: despite the positives above, NOK shares are trading lower today — short‑term selling or broader market dynamics are outweighing company-specific catalysts in this session.

Institutional Investors Weigh In On Nokia

Several hedge funds and other institutional investors have recently bought and sold shares of NOK. Park National Corp OH increased its position in Nokia by 18.4% during the fourth quarter. Park National Corp OH now owns 12,671 shares of the technology company’s stock worth $82,000 after buying an additional 1,967 shares during the period. Park Avenue Securities LLC increased its holdings in shares of Nokia by 38.6% in the 4th quarter. Park Avenue Securities LLC now owns 60,076 shares of the technology company’s stock valued at $389,000 after acquiring an additional 16,723 shares during the period. Miller Global Investments LLC purchased a new stake in Nokia in the 4th quarter valued at $1,405,000. GAMMA Investing LLC boosted its stake in Nokia by 12.1% during the 4th quarter. GAMMA Investing LLC now owns 15,908 shares of the technology company’s stock worth $103,000 after purchasing an additional 1,718 shares during the period. Finally, Allworth Financial LP grew its position in Nokia by 7.1% during the 3rd quarter. Allworth Financial LP now owns 24,344 shares of the technology company’s stock worth $117,000 after purchasing an additional 1,609 shares during the last quarter. 5.28% of the stock is currently owned by institutional investors and hedge funds.

Nokia Stock Performance

NYSE:NOK opened at $6.50 on Friday. The firm has a market capitalization of $37.30 billion, a price-to-earnings ratio of 36.09 and a beta of 0.77. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.48 and a quick ratio of 1.23. The company’s 50-day moving average is $6.45 and its two-hundred day moving average is $5.41. Nokia has a 1-year low of $4.00 and a 1-year high of $8.19.

Nokia (NYSE:NOK) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. Nokia had a net margin of 4.65% and a return on equity of 8.24%. The business had revenue of $5.61 billion for the quarter, compared to the consensus estimate of $4.67 billion. During the same period in the previous year, the firm earned $0.06 EPS. The business’s revenue was up 11.6% on a year-over-year basis. Analysts forecast that Nokia will post 0.34 EPS for the current year.

About Nokia

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.