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Nokia

8.62 EUR

+7.27 %

26,463 following

NOKIA

NASDAQ Helsinki

Telecommunications

Technology

+7.27 %
+20.73 %
+54.39 %
+54.67 %
+89.82 %
+100.00 %
+91.47 %
+148.18 %
+210.54 %

Nokia is a global telecommunications company. The company offers solutions in IP, broadband, digital health, and cloud-based systems. The customers are found in a broad base of markets and consist of large corporate customers, authorities, and private consumers. The business is established on a global level in all regions. Nokia was founded in 1865 and the head office is located in Esbo, Finland.

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Market cap
49.49B EUR
Turnover
284.54M EUR
P/E (adj.) (26e)
28.72
EV/EBIT (adj.) (26e)
20.84
P/B (26e)
2.27
EV/S (26e)
2.23
Dividend yield-% (26e)
1.86 %
Coverage
Recommendation
Sell
Target price
5.20 EUR
Updated
2026-03-18
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 2026-03-19

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
23/4
2026

Interim report Q1'26

23/7
2026

Interim report Q2'26

22/10
2026

Interim report Q3'26

Risk
Business risk
Valuation risk
Low
High
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epo.org EPO Technology Dashboard 2025 | epo.org Nokia was the fifth most significant patent applicant at the EPO last year. Nokia’s applications rose by a staggering 89% from 2024 to 2025.
7 hours ago
by Mustathmir
21
A massive target price increase, a solid 45%. However, it clearly lags behind Goldman Sachs, which made a U-turn a little over two weeks ago and raised the target price by as much as 128%, though “only” to 8 euros. And 10 dollars was hit in honor of the recommendation increase!
6 hours ago
by Mustathmir
16
Nokia is currently experiencing a flow that has been awaited and hoped for over 10 years. No single technological justification or individual innovation alone explains this surge in the stock price anymore. Nokia is positioned at multiple levels as an undervalued company, currently...
6 hours ago
by Ehemot
15
Apparently: Wall Street analysts upgrade Nokia = increased ADR volume indicates US investors’ interest in expected growth. Nokia swims against the current, especially on down days, relative to its Peer Group, because US portfolios are selling off highly valued Lumentum, Ciena, and...
11 hours ago
by Prototyping
15
Many probably think just like you. I myself have invested in Nokia for about 15 years. I bought more all the way down, while watching indices all over the world go up. Nokia has been a terrible investment in comparison. I probably don’t want to sell now that it finally looks like...
3 hours ago
by MFA
13
I’ve been involved since 2007, adding more shares along the way. I guess you’re not supposed to sell now; instead, we wait and see how this plays out and where it takes us. Let’s wait until, say, 2035
2 hours ago
by iSot
12
I had to dig up my latest comment on Nokia from the previous Nokia thread: This story still holds true; Nokia is finally being priced at deserved multiples after years. Without criticizing Inderes’ analysis in any way, I believe a P/E multiple of 10 is not justified for a company...
5 hours ago
12
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