- Nokia's shares dropped due to earnings that fell short of expectations, with tariff impacts in North America.
- Analyst consensus maintains a "Hold" recommendation with a modest upside in share price.
- GuruFocus' GF Value suggests a potential downside, indicating caution for investors.
Nokia's Quarterly Earnings Miss
Nokia (NOK) saw its shares tumble by 7.8% in premarket trading following a first-quarter earnings report that didn't meet analyst predictions. The company attributed a potential impact of EUR 20 to EUR 30 million on operating profit due to tariffs, which affected its sales in North America. Despite these challenges, Nokia remains steadfast in maintaining its 2025 outlook.
Analyst Price Targets and Recommendations
According to the one-year price targets set by six analysts, the average target price for Nokia Oyj (NOK) stands at $5.58. The high estimate is $7.00, while the low sits at $3.80. This average target hints at a potential upside of 4.99% from the current trading price of $5.31. For more in-depth estimates, visit the Nokia Oyj (NOK, Financial) Forecast page.
The consensus among nine brokerage firms places Nokia Oyj (NOK) at an average recommendation of 2.6, suggesting a "Hold" status. The recommendation scale ranges from 1 (Strong Buy) to 5 (Sell).
Evaluating GF Value
GuruFocus estimates the GF Value for Nokia Oyj (NOK) at $4.24 in one year, projecting a possible downside of 20.15% from the current price of $5.31. The GF Value is GuruFocus' estimation of the stock's fair trading value, calculated from historical trading multiples, past business growth, and future performance estimates. For more comprehensive analysis, please refer to the Nokia Oyj (NOK, Financial) Summary page.