Nokia Oyj (NOK) Stock Price & Analysis
Nokia Oyj (NOK) closed at USD 7.88 on Thursday, October 22, 2026, down 14.81% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 9.25; the Oct 22, 2026 session ranged USD 7.78–8.61 on volume of 206,826,972 shares. Market capitalization is $44.12B, with a 52-week range of USD 5.84–17.45 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 07:55 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NOK.md
Key facts (NOK)
- 1 of 80 tracked superinvestors hold NOK (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 1.85 on a 1–5 scale) (13 analysts), mean target USD 14.58 (range 8.4–20.5).
- Total return with dividends: 1Y +27.7% vs S&P 500 +14.9%; 5Y +49.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-22, EPS estimate USD 0.18, revenue estimate $6.28B.
Superinvestors (SEC 13F-HR, Q2 2026) (NOK)
1 of 80 tracked investors hold NOK. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Richard Pzena | Pzena Investment Management | 0.20% | $66.5M | Reduced -92.1% |
Analysts (NOK)
Consensus Buy (mean 1.85 on a 1–5 scale), 13 analysts; mean target USD 14.58 (low 8.4, high 20.5).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-17 | B. Riley Securities | Initiated | Buy | $15 |
| 2026-09-15 | Rosenblatt | Initiated | Buy | $15 |
Total return (dividends reinvested) (NOK)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +27.7% | +49.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +27.8% | +8.3% |
| Volatility (annualized) | 64.3% | 36.5% |
| Max drawdown | -53.2% (Jun 2026→Oct 2026) | -49.1% (May 2026→Oct 2026) |
NOK suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | T-Mobile (TMUS) | “benefits – our largest US customer, T-Mobile” |
| Partner | NVIDIA (NVDA) | “The partnership will add NVIDIA-powered AI-” |
| Partner | Amazon (AMZN) | “In March 2025, Nokia announced it had signed a patent agreement with Amazon.” |
Quoted from the company's 20-F filed Mar 5, 2026.
Companies that name NOK in their SEC reports
| Relationship to NOK | Company | Filing | Sentence |
|---|---|---|---|
| supplier | COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) | 10-K Oct 14, 2026 | “•Leading telecommunications companies, including AT&T Inc., Bell Mobility, Inc., Comcast Corp., Nokia Corp., Rogers Communications Canada Inc., TELUS Communications Inc., Verizon Communications Inc. and Vodafone Public Limited Co.” |
| partner | Innventure, Inc. (INV) | 10-K Mar 30, 2026 | “Accelsius, which offers two-phase, direct-to-chip liquid cooling solutions for data centers, was launched in 2022 after sourcing technology from the Nokia Corporation ("Nokia"); and Refinity, which intends to commercialize technology that transforms plastic waste into valuable chemical intermediaries, was launched in 2024 after sourcing technology from the VTT Technical Research Centre of Finland ("VTT") and enter…” |
| supplier | Peraso Inc. (PRSO) | 10-K Mar 30, 2026 | “During the year ended December 31, 2024, two customers accounted for 10% or more of our net revenues, including Nokia Corporation” |
| supplier | Intuitive Machines, Inc. (LUNR) | 10-K Mar 19, 2026 | “Our lunar cargo delivery missions include commercial customers including, Columbia Sportswear Company, Nokia Corporation, Aegis Aerospace, AstroForge, Jeff Koons, International Lunar Observatory Association, Galactic Legacy Labs, Lonestar Data Holdings and Lunar Outpost.” |
| customer | Ribbon Communications Inc. (RBBN) | 10-K Feb 26, 2026 | “Further, consolidation has also occurred in the telecommunications supplier and vendor space, including the acquisition by Alianza of the Metaswitch business held by Microsoft (2024), the acquisition of Infinera by Nokia (2025), the acquisition of Juniper Networks by Hewlett Packard Enterprises (2025), and the combination of ADTRAN, Inc. and ADVA (2022).” |
NOK analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.18 | $0.18 | -2.4% | $6.28B | 5 |
| Next quarter (ends Mar 2027) | $0.07 | $0.07 | +3.9% | $4.94B | 3 |
| Current fiscal year (ends Dec 2026) | $0.42 | $0.41 | +3.5% | $20.73B | 3 |
| Next fiscal year (ends Dec 2027) | $0.49 | $0.49 | -1.3% | $22.27B | 8 |
NOK options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 23, 2026 | 1 | 96.7% | ±4.4% |
| Oct 30, 2026 | 8 | 69.6% | ±8.4% |
| Nov 6, 2026 | 15 | 61.1% | ±10.1% |
| Nov 13, 2026 | 22 | 59.6% | ±11.8% |
| Nov 20, 2026 | 29 | 63.3% | ±14.3% |
| Nov 27, 2026 | 36 | 53.1% | ±13.4% |
| Dec 4, 2026 | 43 | 53.7% | ±16.4% |
| Dec 18, 2026 | 57 | 56.2% | ±17.8% |
30-day implied volatility 55.9% vs 78.3% realized over the last 30 trading days. Put/call ratio (volume) 0.31. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 07:55 UTC)
| Price | USD 7.88 |
|---|---|
| Change | ▼ 14.81% (down) |
| Previous Close | USD 9.25 |
| Open | USD 8.57 |
| Day Range | USD 7.78 – 8.61 |
| 52-Week Range | USD 5.84 – 17.45 |
| Volume | 206,826,972 shares |
| Market Cap | $44.12B |
| Exchange | NYQ |
Technical Analysis (NOK)
Nexqual's technical model rates NOK "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 07:55 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 31.02 (neutral) |
| vs SMA50 | Below (USD 10.17) |
| MACD | -0.44 (negative) |
Analyst Ratings (NOK)
Wall Street analysts rate NOK "Buy" based on 13 analysts, with a mean price target of USD 14.58 (range USD 8.4–20.5), per Nexqual as of October 23, 2026 at 07:55 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 13 |
| Mean Target | USD 14.58 |
| High Target | USD 20.5 |
| Low Target | USD 8.4 |
| Buy / Hold / Sell | 11 / 2 / 0 |
Earnings (NOK)
| Next Earnings Date | 2026-10-22 |
|---|---|
| EPS Estimate | USD 0.18 |
| Revenue Estimate | $6.28B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.08 vs est 0.07 ▲ beat |
| 2026-03-31 | USD 0.06 vs est 0.05 ▲ beat |
| 2025-12-31 | USD 0.19 vs est 0.17 ▲ beat |
Source: Nexqual, October 23, 2026 at 07:55 UTC.
Financials & Fundamentals (NOK)
| Total Revenue | $20.39B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +8.40% |
| Gross Margin | +45.50% |
| Operating Margin | +7.93% |
| Profit Margin | +3.47% |
| ROE | +3.45% |
| Debt / Equity | 0.16 |
| Current Ratio | 1.51 |
| Total Cash | $5.13B |
| Total Debt | $3.36B |
Source: Nexqual, October 23, 2026 at 07:55 UTC.
Financial Health Score (NOK)
Nexqual rates Nokia Oyj's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 07:55 UTC.
| Growth | Weak — Revenue -2% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 46%, operating 8% (last 12 months) |
| Balance Sheet | Strong — EUR 5.13B cash vs EUR 3.36B debt, net cash position |
| Cash Flow | Solid — Operating cash flow EUR 1.13B (TTM) |
| Efficiency | Weak — ROE 3%, ROA 3.1% |
Ownership (NOK)
| Insider Ownership | +2.97% |
|---|---|
| Institutional Ownership | +16.04% |
| Shares Outstanding | 5.60B |
| Float | 4.45B |
| Short % of Float | +1.55% |
Source: Nexqual, October 23, 2026 at 07:55 UTC.
Leadership (NOK)
Nokia Oyj is led by Justin Hotard, President & CEO, per Nexqual as of October 23, 2026 at 07:55 UTC.
| President & CEO | Justin Hotard |
|---|---|
| Chief Financial Officer | Marco Wiren M.Sc. (Econ.) |
| Vice President of Corporate Controlling & Accounting | Stephan Prosi |
| Chief Technology & AI Officer | Pallavi Mahajan |
| Head of Nordic & Baltic, Global Enterprise & Public Sector and Country Director of Denmark | Lise Karstensen |
Major Backers & Investors (NOK)
Notable institutional backers of Nokia Oyj include Nvidia Corp , FMR, LLC, Fidelity, according to Nexqual as of October 23, 2026 at 07:55 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Nvidia Corp | 2.9% |
| FMR, LLC | 2.71% |
| Fidelity | 0.97% |
| Arrowstreet Capital, Limited Partnership | 0.66% |
| Alkeon Capital Management LLC | 0.63% |
| Morgan Stanley | 0.58% |
| Marshall Wace LLP | 0.58% |
| Voya Investment Management LLC | 0.47% |
Source: Nexqual, October 23, 2026 at 07:55 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CIEN | Ciena Corporation | USD 322.64 | ▼ 10.71% |
| UI | Ubiquiti Inc. | USD 595.62 | ▼ 2.25% |
| ERIC | Ericsson | USD 10.38 | ▼ 0.48% |
| LITE | Lumentum Holdings Inc. | USD 752.54 | ▼ 11.54% |
| HPE | Hewlett Packard Enterprise Comp | USD 55.47 | ▼ 4.64% |
| MSI | Motorola Solutions, Inc. | USD 477.81 | ▲ 2.21% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 07:55 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt