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Nokia Oyj has a consensus price target of $7.41 based on the ratings of 9 analysts. The high is $15 issued by Argus Research on April 27, 2026. The low is $3.4 issued by Goldman Sachs on December 19, 2023. The 3 most-recent analyst ratings were released by Argus Research, Morgan Stanley, and JP Morgan on April 27, 2026, February 9, 2026, and December 1, 2025, respectively. With an average price target of $10.33 between Argus Research, Morgan Stanley, and JP Morgan, there's an implied -32.40% downside for Nokia Oyj from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nokia (NYSE:NOK) was reported by Argus Research on April 27, 2026. The analyst firm set a price target for $15.00 expecting NOK to fall to within 12 months (a possible -1.87% downside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Nokia (NYSE:NOK) was provided by Argus Research, and Nokia upgraded their buy rating.
The last upgrade for Nokia Oyj happened on April 27, 2026 when Argus Research raised their price target to $15. Argus Research previously had a hold for Nokia Oyj.
The last downgrade for Nokia Oyj happened on December 18, 2023 when Goldman Sachs changed their price target from $5.1 to $3.4 for Nokia Oyj.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nokia, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nokia was filed on April 27, 2026 so you should expect the next rating to be made available sometime around April 27, 2027.
While ratings are subjective and will change, the latest Nokia (NOK) rating was a upgraded with a price target of $0.00 to $15.00. The current price Nokia (NOK) is trading at is $15.29, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 04/27/2026 | Buy Now | -1.87% | Argus Research | → $15 | Upgrade | Hold → Buy | Get Alert |
| 02/09/2026 | Buy Now | -47.66% | Morgan Stanley | → $8 | Initiates | → Overweight | Get Alert |
| 12/01/2025 | Buy Now | -47.66% | JP Morgan | $7.1 → $8 | Maintains | Overweight | Get Alert |
| 10/28/2025 | Buy Now | — | Jefferies | — | Upgrade | Hold → Buy | Get Alert |
| 10/24/2025 | Buy Now | -53.55% | JP Morgan | $6 → $7.1 | Maintains | Overweight | Get Alert |
| 07/29/2025 | Buy Now | -60.75% | JP Morgan | $6.5 → $6 | Maintains | Overweight | Get Alert |
| 02/21/2025 | Buy Now | -58.78% | JP Morgan | $6.35 → $6.3 | Maintains | Overweight | Get Alert |
| 01/06/2025 | Buy Now | -54.2% | Craig-Hallum | $6 → $7 | Maintains | Buy | Get Alert |
| 12/09/2024 | Buy Now | -58.46% | JP Morgan | $4.35 → $6.35 | Upgrade | Neutral → Overweight | Get Alert |
| 10/21/2024 | Buy Now | -71.54% | JP Morgan | $4.36 → $4.35 | Maintains | Neutral | Get Alert |
| 10/18/2024 | Buy Now | -57.48% | Northland Capital Markets | $6.5 → $6.5 | Reiterates | Outperform → Outperform | Get Alert |
| 09/04/2024 | Buy Now | -57.48% | Northland Capital Markets | $6 → $6.5 | Reiterates | Outperform → Outperform | Get Alert |
| 04/16/2024 | Buy Now | -72.13% | JP Morgan | $4.39 → $4.26 | Maintains | Neutral | Get Alert |
| 12/19/2023 | Buy Now | -77.76% | Goldman Sachs | $5.1 → $3.4 | Maintains | Neutral | Get Alert |
| 12/18/2023 | Buy Now | -77.76% | Goldman Sachs | $5.1 → $3.4 | Downgrade | Buy → Neutral | Get Alert |
| 12/15/2023 | Buy Now | — | Citigroup | — | Downgrade | Buy → Sell | Get Alert |
| 12/13/2023 | Buy Now | -73.83% | Raymond James | $4.5 → $4 | Maintains | Outperform | Get Alert |
| 10/20/2023 | Buy Now | -66.63% | Goldman Sachs | $5.9 → $5.1 | Maintains | Buy | Get Alert |
| 10/20/2023 | Buy Now | -70.56% | Raymond James | $6 → $4.5 | Maintains | Outperform | Get Alert |
| 10/17/2023 | Buy Now | -55.19% | JP Morgan | $7.24 → $6.85 | Maintains | Overweight | Get Alert |
| 07/21/2023 | Buy Now | -61.4% | Goldman Sachs | $6.6 → $5.9 | Maintains | Buy | Get Alert |
| 07/17/2023 | Buy Now | -60.75% | Northland Capital Markets | $7 → $6 | Maintains | Outperform | Get Alert |