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Nokia Oyj NOK

$10.44
−$0.20 (-1.83%)
Market open · Sep 24, 1:10 pm ET
After hours $10.60 -0.28%
Open$10.18
Prev close$10.63
Day range$10.17 – $10.46
Volume41.54M
Market cap$58.45B
P/E (TTM)70.5
Dividend yield1.54%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

NOK at a glance

Shares of Nokia Oyj are down 1.83% at $10.44. The company is worth $58.45B, number 276 out of 300 on our list.

The 52-week range is $4.57 to $17.36. Today's price is about 46% of the way from the low to the high. Holders are ahead 124.6% over twelve months, but down 24.1% across the last three months.

On the chart it holds above both the 50-day ($10.07) and 200-day ($9.81) moving averages; RSI is 54, and the last 30 sessions moved at roughly 63% annualized volatility.

In the quarter ended Jun 2026 the company brought in €4.82B of revenue, up 8.4% from a year earlier, with €5.00M of net profit (a 3.5% margin).

The stock changes hands at 70.5 times trailing earnings, 185% above its five-year average of 24.7. The median for its industry group is 31.8.

5 analysts follow the stock and the average call is "buy". The mean target, $17.92, sits 71.7% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Nokia Oyj: the business

Nokia makes networking equipment for telecom carriers and enterprises, including optical networks, and owns the Infinera assets.

What tends to move it. Carrier spending on 5G and optical gear, plus AI data-center demand, drive the story.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-1.8%
1 week
+2.9%
1 month
+4.8%
3 months
-24.1%
6 months
+27.7%
Year to date
+63.7%
1 year
+124.6%
Day range
$10.17$10.46
52-week range
$4.57$17.36

Technical signals

Full technicals →
Trend readStrong uptrend

7 bullish · 0 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+0.6%Bullish
Price vs 50-day average+3.7%Bullish
Price vs 200-day average+6.4%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)54.0Bullish
MACD (12,26,9)0.11Bullish
Bollinger band position54%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$10.43 / $10.44
Average price today$10.28
Volume41.54MAvg (90d) 95.91M
Turnover$426.92M
Turnover rate0.93%of shares outstanding
Volume ratio0.65vs. recent average pace
Day amplitude2.73%
Market cap$58.45B
Float market cap$46.39B
Shares outstanding4.45B
EPS (TTM)$0.14
P/E (TTM)70.54
P/B2.42
Book value / share$4.31
Earnings yield0.03%
Dividend (TTM)$0.16 / shareYield 1.54%
Net profit (TTM)$767.01M
Net assets$24.13B
30-day volatility63.2%annualized
Avg daily range (ATR)5.13%of price, 14 days
Max drawdown (1y)-49.8%-37.8% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How NOK ranks on BeStock

Market value#276 of 300
P/E (cheapest = 1)#259 of 283
Dividend yield#142 of 244
Closeness to 52-week high#290 of 300
Dollar volume today#90 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026 · reported in EUR

Revenue€4.82B+8.4% YoY
Operating profit-€50.00M-133.8% YoY
Net profit€5.00M-94.8% YoY
Diluted EPS€0.00-100.0% YoY
Free cash flow-€749.00M-951.1% YoY
Operating cash flow-€620.00M

Revenue, last 8 quarters

€4.3BSep '24€6.0BDec '24€4.4BMar '25€4.4BJun '25€4.8BSep '25€6.1BDec '25€4.5BMar '26€4.8BJun '26

Net profit, last 8 quarters

€175.0MSep '24€813.0MDec '24€-60.0MMar '25€96.0MJun '25€80.0MSep '25€544.0MDec '25€87.0MMar '26€5.0MJun '26

Profitability & balance sheet

Gross margin44.2%
Operating margin3.3%
Net margin3.5%
Return on equity3.5%
Return on assets1.9%
Return on invested capital2.9%
Current ratio1.51
Liabilities / assets42.9%
Cash & investments€5.13B
Total debt€3.16B
Net cash (debt)€1.97B
Free cash flow / sales2.6%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Mobile infrastructure€2.68B 55.7%
  • Network Infrastructure€2.04B 42.3%
  • Portfolio Businesses€94.00M 2.0%
  • Group Common and Other€3.00M 0.1%
Average move on report day±6.4%last 16 reports
Closed higher6 of 1638% of the time
Best reaction+11.4%
Worst reaction-9.1%

Stock move on the day after each report

-7.2%2024/Q2-2.7%2024/Q3-8.5%2025/Q1-4.0%2025/Q2+11.2%2025/Q3-7.8%2025/Q4+4.8%2026/Q1-5.4%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings73.7x
CheapRich

Near the top of its 5-year range · 96th percentile, 5-year average 24.7x

#2691 of 2977 stocks by PE (1 = cheapest)

Price / book2.5x
CheapRich

Near the top of its 5-year range · 96th percentile, 5-year average 1.4x

#3294 of 5304 stocks by PB (1 = cheapest)

Price / sales2.6x
CheapRich

Near the top of its 5-year range · 96th percentile, 5-year average 1.3x

#2818 of 5143 stocks by PS (1 = cheapest)

P/E over five years

-25x19x62x106xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$8.50
Price vs. fair value+22.8%Trading above the estimate
Star rating★★☆☆☆
UncertaintyHigh

Analyst view

All ratings →
ConsensusBuy
Analysts5
Average target$17.92+71.7% vs. price
  • Buy 100%
Low $15.00Now $10.44Avg $17.92High $21.00

Latest rating actions

  • 19 Aug 2026J.P. MorganBUY · PT $21.00
  • 24 Jul 2026Craig-HallumBUY · PT $15.00
  • 24 Jul 2026Northland SecuritiesBUY · PT $20.00
  • 23 Jul 2026Argus ResearchBUY · PT $15.00
  • 23 Jul 2026BofA SecuritiesBUY · PT $18.58

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership59.2%+0.07 pts vs. prior quarter
Institutions holding1,135+1 vs. prior quarter
Short interest1.04% of floatDays to cover 1.0 · as of 31 Aug 2026
Short-sale volume share12.5%5-day average of daily volume

Short-sale volume as % of daily volume

5%9%13%18%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$38.26M (8 inflow days, 12 outflow days).

Dividends

Dividend yield (TTM)1.54%
Last dividend$0.05Ex-date 28 Jul 2026
Next-to-last$0.05
Payments on file40

Dividends paid per share, by year

0.2020160.1320170.1620180.0920190.0620220.1220230.1420240.162025

Across the full calendar years shown, the annual payout shrank by roughly 3.6% a year.

Latest headlines

More news →
  • On August 6, NOK and other companies announced share buybacks.Fisco Japan · 7 Aug 2026
  • J.P. Morgan Maintains Nokia Oyj(NOK.US) With Buy Rating, Maintains Target Price $21Market news · 19 Aug 2026
  • NOK Corp 1Q Net Y9.08B Vs Net Y5.73BDow Jones · 12 Aug 2026
  • NOK Corp Sees FY Net Y46.40BDow Jones · 12 Aug 2026
  • Argus Research Maintains Nokia Oyj(NOK.US) With Buy RatingMarket news · 25 Jul 2026
  • Eagle Industry: Statutory Prior Disclosure Documents (Share Transfer) (NOK Co., Ltd.)JPX · 9 Jun 2026

NOK stock: common questions

How is Nokia Oyj stock doing today?

$10.44 is the latest print for NOK, a move of -1.83% against yesterday's close of $10.63. Today's low and high so far: $10.17 and $10.46.

How big is Nokia Oyj?

Equity value comes to $58.45B at the current price. By that measure it is number 276 of the 300 names in our coverage.

What multiple of earnings does NOK sell for?

Buyers pay 70.5 times the last twelve months of profit (EPS $0.14). Averaged over five years the multiple has been 24.7, and today's level ranks in the 96th percentile of its own history.

Where does NOK sit in its 52-week range?

The year's floor is $4.57 and the ceiling $17.36. Shares are 39.9% away from that ceiling.

Does NOK send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 1.54% yield; the latest ex-dividend date was July 28, 2026.

What is the analyst view on Nokia Oyj?

Of 5 analysts, 100% say buy, 0% hold and 0% sell. Price targets average $17.92, with the most cautious at $15.00 and the most optimistic at $21.00.

What does Nokia Oyj do?

Nokia makes networking equipment for telecom carriers and enterprises, including optical networks, and owns the Infinera assets.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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