NOK Nokia Oyj
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel floor · 9-month channel rising
Price is on the lower line, where it has held before.
- 9-month channel
- US$10.47 – US$56.30 · rising, +45% a year
- Price in channel
- −4.2% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$56.30
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -53% from US$16.792 June 2026 → 22 Oct 2026
- Whose problem it was
- This company2 of 6 Communication Equipment peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 16%of what it lost
- What the record says
- 64% of 9 comparable falls came back, typically in 123 days measured on its own peer group
Fell -53% (2 June 2026 → 22 Oct 2026); regained 16% so far; company-specific.
Reported at the time: Nokia Stock Pauses As Investors Digest Massive Multi-Month Rally — 28 May 2026
Price history, with the path projected 3 months forward
Updated 2:21 AM ET (58 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$8.53
last close · 30 Oct 2026
Our target
US$10.70
by 14 Dec 2026
Projected move
25.4%
gross, before costs
Last close is our buy.
Target: NOK's usual move size.
This move size: reached in 45% of 8 past stretches, typically in 67 days. (0.22% per day)
- Upper line touches
- 7
- Lower line touches
- 5
- Fit confidence
- 37%
- Fitted
- 1 Nov 2026
Company information
About Nokia Oyj
Nokia Oyj stands as a global technology leader, delivering comprehensive network infrastructure and solutions across mobile, fixed, and cloud domains. Its operations are structured into four primary divisions: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The Mobile Networks segment furnishes radio access network technologies, spanning from 2G to 5G, alongside crucial microwave radio links for transport. Within Network Infrastructure, Nokia provides fixed access solutions such as fiber and copper, coupled with cloud and virtualization services. This segment also encompasses a robust Wi-Fi portfolio, featuring mesh solutions and cloud-based controllers, as well as sophisticated IP routing solutions for aggregation, edge, and core applications tailored for residential, business, mobile, and industrial sectors. Its extensive optical network offerings include coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems designed for metro access, data center interconnect, regional, and long/ultra-long-haul applications. Additionally, Nokia provides capabilities for submarine networks. The Cloud and Network Services division delivers business application software, advanced cloud and cognitive services, core network software, and specialized enterprise solutions. Through Nokia Technologies, the company engages in licensing its valuable intellectual property, encompassing patents, various technologies, and the iconic Nokia brand, in addition to offering hardware, software, and related services. Serving a diverse clientele, Nokia's customers include communications service providers, major internet companies (webscales and hyperscalers), digital industries, and governmental entities. Nokia Oyj was founded in 1865 and maintains its headquarters in Espoo, Finland.
- Sector
- Technology
- Industry
- Communication Equipment
- CEO
- Justin Hotard
- Employees
- 78,434
- Country
- FI
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- 49/100
- Profitability
- 19/100
- Financial health
- 42/100
- Cash generation
- 5/100
Key statistics
- Market cap
- US$50.28B
- Enterprise value
- US$46.14B
- Beta
- 0.79
- Avg volume
- 83.56M
- Revenue per share
- 3.65
- Dividend yield
- 1.67%
- 52-week range
- 5.86-17.45
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 59.99
- PEG
- -3.40
- Price / sales
- 2.27
- Price / book
- 2.22
- EV / EBITDA
- 15.67
- Gross margin
- 44.50%
- Operating margin
- 10.16%
- Net margin
- 3.75%
- Current ratio
- 1.46
- Quick ratio
- 1.18
- Debt / equity
- 0.16
- Interest cover
- 0.00
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$19.89B | US$8.66B | US$782.00M | US$651.00M | US$0.11 |
| 2024 | US$19.22B | US$8.86B | US$1.59B | US$1.28B | US$0.23 |
| 2023 | US$21.14B | US$8.55B | US$1.47B | US$665.00M | US$0.12 |
| 2022 | US$23.76B | US$10.10B | US$2.44B | US$4.25B | US$0.75 |
| 2021 | US$22.20B | US$8.83B | US$2.16B | US$1.62B | US$0.29 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$37.58B | US$16.53B | US$20.96B |
| 2024 | US$39.15B | US$18.40B | US$20.66B |
| 2023 | US$39.86B | US$19.23B | US$20.54B |
| 2022 | US$42.94B | US$21.52B | US$21.33B |
| 2021 | US$40.05B | US$22.59B | US$17.36B |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | US$2.07B | US$1.47B | US$660.00M |
| 2024 | US$2.49B | US$2.02B | US$1.28B |
| 2023 | US$1.32B | US$665.00M | US$679.00M |
| 2022 | US$1.47B | US$873.00M | US$4.26B |
| 2021 | US$2.63B | US$2.06B | US$1.65B |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2025 | US$0.2566 | US$19.72B | 6 |
| 2026 | US$0.3638 | US$20.87B | 8 |
| 2027 | US$0.4220 | US$22.62B | 8 |
| 2028 | US$0.5108 | US$24.55B | 6 |
| 2029 | US$0.5562 | US$26.05B | 5 |
| 2030 | US$0.7820 | US$28.39B | 5 |
Analyst view
- Target (mean)
- US$17.00
- Target (high)
- US$20.00
- Target (low)
- US$14.00
- Strong buy
- 0
- Buy
- 33
- Hold
- 15
- Sell
- 5
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.