Brokerages Set Nokia Corporation (NYSE:NOK) Price Target at $6.10

Nokia Corporation (NYSE:NOK) has received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $5.9450.

NOK has been the topic of several recent analyst reports. Santander downgraded shares of Nokia to a “neutral” rating in a report on Wednesday, October 29th. Danske upgraded shares of Nokia from a “hold” rating to a “buy” rating in a research note on Friday, November 21st. Wall Street Zen cut shares of Nokia from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Raymond James Financial reissued an “outperform” rating on shares of Nokia in a report on Thursday, October 23rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a research note on Monday, December 22nd.

Nokia Price Performance

Shares of NOK opened at $6.49 on Friday. The company has a 50 day moving average of $6.45 and a two-hundred day moving average of $5.42. The company has a quick ratio of 1.23, a current ratio of 1.48 and a debt-to-equity ratio of 0.12. Nokia has a twelve month low of $4.00 and a twelve month high of $8.19. The company has a market cap of $37.24 billion, a price-to-earnings ratio of 36.03 and a beta of 0.77.

Nokia (NYSE:NOK) last issued its quarterly earnings data on Thursday, October 23rd. The technology company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. Nokia had a return on equity of 8.24% and a net margin of 4.65%.The firm had revenue of $5.61 billion during the quarter, compared to analyst estimates of $4.67 billion. During the same quarter in the prior year, the business posted $0.06 EPS. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, analysts predict that Nokia will post 0.34 earnings per share for the current fiscal year.

Nokia News Summary

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Kepler Cheuvreux upgraded Nokia to “Buy”, citing that a sales recovery is near; the upgrade has supported bullish positioning in the stock. Nokia upgraded to “buy” by Kepler Cheuvreux as sales recovery nears; stock up 4%
• Positive Sentiment: Unusually large volume of call options was reported, indicating short‑term bullish speculative interest or hedging by institutional players. Traders Buy Large Volume of Nokia Call Options (NYSE:NOK)
• Positive Sentiment: Nokia signed a licence agreement with Hisense that ends all patent-related litigation — removes legal overhang and secures recurring licensing revenue. Nokia signs licence agreement with Hisense, ending all patent-related litigation
• Positive Sentiment: Nokia won infrastructure work with KPN to deliver an 800G‑ready core network in the Netherlands — a revenue‑bearing contract that underlines demand for its telecom equipment. Nokia strengthens KPN’s Dutch digital infrastructure with 800G-ready core network
• Positive Sentiment: Telit Cinterion and Nokia announced collaboration to deliver 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: Analyst and media bullishness (e.g., Fool profile) frames Nokia as well positioned in next‑gen mobile/connectivity markets, which can attract growth‑oriented flows. 3 No-Brainer Next-Gen Technology Stocks to Buy Right Now
• Neutral Sentiment: Market commentary questions whether Nokia’s recent telecom infrastructure momentum is fully reflected in its price — useful analytic perspective but not new company-specific news. Is Nokia Oyj (HLSE:NOKIA) Pricing In Its Recent Telecom Infrastructure Momentum?
• Neutral Sentiment: Jim Cramer noted Nokia faces tough competition from Apple in some markets — a commentary point that highlights competitive risks but not a new catalyst. Jim Cramer Says “Nokia Is Tough Because It’s Up Against Apple”
• Neutral Sentiment: Lighthearted viral story about a Libyan trader receiving phones ordered in 2010 — PR noise with no material business impact. Libyan trader receives Nokia phones ordered in 2010 after 16-year delay, video goes viral

Institutional Investors Weigh In On Nokia

Institutional investors and hedge funds have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its holdings in Nokia by 50.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 43,424,695 shares of the technology company’s stock worth $208,873,000 after buying an additional 14,482,665 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Nokia by 35,010.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company’s stock valued at $60,871,000 after acquiring an additional 12,619,099 shares during the last quarter. Pzena Investment Management LLC increased its stake in shares of Nokia by 17.0% in the third quarter. Pzena Investment Management LLC now owns 80,329,917 shares of the technology company’s stock worth $386,387,000 after acquiring an additional 11,667,677 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Nokia in the first quarter worth $45,207,000. Finally, Folketrygdfondet raised its holdings in shares of Nokia by 66.6% during the third quarter. Folketrygdfondet now owns 17,380,530 shares of the technology company’s stock worth $83,600,000 after purchasing an additional 6,950,487 shares during the last quarter. Institutional investors and hedge funds own 5.28% of the company’s stock.

Nokia Company Profile

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.