Nokia (NOK) Faces Financial Challenges, Reaffirms Future Outlook

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3 days ago
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Key Highlights:

  • Nokia (NOK, Financial) falls short of revenue and profit expectations but maintains a positive long-term outlook for 2025.
  • Analysts project a modest potential upside for the stock, with varied price targets.
  • Current consensus rates Nokia as a "Hold," with notable downside risks according to GuruFocus estimates.

Nokia (NOK) has recently faced financial hurdles, as indicated by its failure to meet anticipated revenue and profit benchmarks. Nevertheless, the telecommunications giant remains steadfast, upholding its financial outlook for fiscal year 2025. This determination signals Nokia's confidence in its long-term strategic approach despite prevailing market uncertainties.

Wall Street Analysts Forecast

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Wall Street analysts have set their sights on Nokia Oyj (NOK, Financial) with varied one-year price targets. The average target price stands at $5.58, with projections ranging from a high of $7.00 to a low of $3.80. This average target suggests a potential upside of 4.99% from the current stock price of $5.31. Investors looking for more comprehensive data can explore the Nokia Oyj (NOK) Forecast page.

Furthermore, based on the combined insights from 9 brokerage firms, Nokia Oyj's (NOK, Financial) average recommendation is 2.6, which aligns with a "Hold" status. This rating is part of a scale where 1 indicates a Strong Buy and 5 signifies a Sell.

According to GuruFocus analyses, the projected GF Value for Nokia Oyj (NOK, Financial) in one year's time is $4.24. This estimate highlights a significant downside risk of 20.15% from the current stock price of $5.31. The GF Value is GuruFocus' assessment of a stock's fair market value, computed using historical trading multiples, past business growth, and projected future performance. Investors may find further insights by visiting the Nokia Oyj (NOK) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.