NOK Analyst Ratings
8 ratings from Wall Street analysts · consensus as of Aug 27, 2026
Analyst Ratings
NOK
Buy
Avg target
$15
showing 8 ratings
Eleven analysts polled by S&P Global rate Nokia a Buy with an average 12-month target of $15.02, about 44% above the $10.41 close, in a range of $8.50 to $21.00. The spread is the argument over how much of the AI and cloud order book converts: J.P. Morgan's $21 assumes Optical and IP Networks keep compounding at the rate Q2 showed, while the hold camp - Goldman upgraded only to Hold in March, Arete cut to Hold - is anchored on a reported P&L that still shows an operating loss and negative free cash flow while the restructuring runs.
Consensus as of Aug 27, 2026