NOK

BEARISH

$12.91 Live

Nokia Oyj · NYSE

Target $11.74 (-9.0%)

$4.0 52W Range $12.92

NOK Nokia Oyj - Fundamental Analysis

BEARISH

Console Chart News

NOK Stock | Fundamental Analysis & Investment Insights

NYSE • Technology • Communication Equipment

Current Price Live

$12.91

Analyst Target

$11.74

-9.0% Downside

52W High

$12.92

52W Low

$4.0

Overview AI Snowflake Price Valuation Profitability Growth Health Statements Peers Insiders SEC Filings

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated May 01, 2026

Market cap

$72.07B

P/E

80.69

ROE

3.7%

Profit margin

4.0%

Debt/Equity

0.16

Dividend yield

1.27%

AI Analysis

AI-powered fundamental assessment

Confidence

85%

While Nokia exhibits strong financial health with a Piotroski F-Score of 7/9 and a very low Debt/Equity ratio (0.16), the stock is severely overvalued based on deterministic models. The current price of $12.91 represents a massive premium over the Graham Number ($3.96) and the Intrinsic Value ($1.12). Furthermore, the dividend payout ratio of 99.81% is unsustainable, and the stock is currently trading above the average analyst target price of $11.74 despite sluggish revenue growth.

Key Strengths

Strong Piotroski F-Score (7/9) indicating robust operational health

Very low leverage with a Debt/Equity ratio of 0.16

Healthy liquidity with a Current Ratio of 1.57

Strong Gross Margins at 45.36%

Exceptional short-term price momentum (1Y Change +164%)

Key Risks

Extreme valuation gap between market price and Graham/Intrinsic values

Unsustainable dividend payout ratio (99.81%)

Stagnant revenue growth (2.40% YoY)

Negative average earnings surprise (-21.95% over last 4 quarters)

Current price exceeds the consensus analyst target price ($11.74)

AI Fair Value Estimate

Based on comprehensive analysis

$4.25

-67.1% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall

Moderate

Value

Future

Past

Health

Dividend

AI Verdict

Overvalued Growth Trap

Key drivers: Extreme valuation premium, Strong balance sheet, Unsustainable dividend, Price-to-target misalignment

Confidence

90%

Value

15/100

Ref P/E, PEG, Graham Number

Positives

PEG ratio under 1.0 (0.97)

Watchpoints

Price is 3.2x the Graham Number
Price is 11.5x the Intrinsic Value
Trailing P/E is excessively high (80.69)

Future

45/100

Ref Growth rates

Positives

Forward P/E (26.61) is significantly lower than trailing
Positive PEG ratio

Watchpoints

Very low YoY revenue growth (2.40%)
Recent Q/Q EPS growth is negative (-50%)

Past

85/100

Ref Historical trends

Positives

Massive 1-year return (+164%)
Strong 3-year and 5-year growth trends

Watchpoints

Recent earnings misses

Health

90/100

Ref Altman Z-Score, Piotroski F-Score

Positives

Piotroski F-Score of 7/9
Low Debt/Equity (0.16)
Strong Current and Quick ratios

Watchpoints

Altman Z-Score not provided

Dividend

10/100

Ref Yield, Payout

Positives

Consistent payout

Watchpoints

Payout ratio of 99.81% leaves no room for error or reinvestment
Low dividend yield (1.27%)

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price

$12.91

Analyst Target

$11.74

Upside/Downside

-9.0%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for NOK and closest competitors.

Updated 2026-04-30

Company	5Y	3Y	1Y	6M	1M	1W
NOK Nokia Oyj Primary	+192.7%	+236.8%	+164.0%	+81.1%	+60.6%	+25.0%
NET Cloudflare, Inc. Peer	+187.4%	+234.6%	+83.1%	-3.8%	+14.0%	-3.2%
MSI Motorola Solutions, Inc. Peer	+141.9%	+50.6%	-0.4%	-0.1%	+0.6%	-2.8%
SNPS Synopsys, Inc. Peer	+75.3%	+16.6%	-28.9%	-24.2%	-10.6%	-0.9%
GLW Corning Incorporated Peer	+154.6%	+161.6%	+78.8%	+72.4%	-4.9%	-3.7%

NOK

Nokia Oyj

Primary

+192.7%

+236.8%

+164.0%

+81.1%

+60.6%

+25.0%

NET

Cloudflare, Inc.

Peer

+187.4%

+234.6%

+83.1%

-3.8%

+14.0%

-3.2%

MSI

Motorola Solutions, Inc.

Peer

+141.9%

+50.6%

-0.4%

-0.1%

+0.6%

-2.8%

SNP

Synopsys, Inc.

Peer

+75.3%

+16.6%

-28.9%

-24.2%

-10.6%

-0.9%

GLW

Corning Incorporated

Peer

+154.6%

+161.6%

+78.8%

+72.4%

-4.9%

-3.7%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

80.69

26.61

0.97

2.97

3.6

3.49

27.51

$72.07B

Profitability

Profit margins and return metrics

Profit Margin 3.98%

Operating Margin 5.29%

Gross Margin 45.36%

ROE 3.72%

ROA 2.76%

Growth

Revenue and earnings growth rates

Revenue Growth +2.4%

Earnings Growth N/A

Q/Q Revenue Growth +2.44%

Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity

0.16

Low debt

Current Ratio

1.57

Good

Quick Ratio

1.29

Good

Cash/Share

$1.04

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q1 2026

Revenue

$4.5B

Gross Margin

44.2%

Op. Margin

1.4%

Net Margin

1.9%

Total Assets

$37.3B

Liabilities

$16.0B

Equity

$21.2B

Debt/Equity

0.76x

Operating CF

$0.8B

CapEx

$-0.2B

Free Cash Flow

$0.6B

FCF Yield

80%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-07-23

$N/A

2026-04-23

$0.06

+7.1% surprise

2026-01-29

$0.12

+2.4% surprise

2025-10-23

$0.01

-75.3% surprise

Technology Sector Comparison

Comparing NOK against 600 companies in the Technology sector (46 bullish, 214 neutral, 340 bearish)

P/E Ratio

80.69

This Stock

80.98

Sector Avg

-0.4% (Discount)

Return on Equity (ROE)

3.72%

This Stock

-31.82%

Sector Avg

-111.7% (Below Avg)

Profit Margin

3.98%

This Stock

-11.88%

Sector Avg

-133.5% (Weaker)

Debt to Equity

0.16

This Stock

0.77

Sector Avg

-79.8% (Less Debt)

Revenue Growth

2.4%

This Stock

4122.0%

Sector Avg

-99.9% (Slower)

Current Ratio

1.57

This Stock

3.69

Sector Avg

-57.5% (Weaker)

Similar Companies

Peer comparison within the same industry

Company	AI Rating	Market Cap	P/E	ROE	Profit Margin	Price
NOK Nokia Oyj	BEARISH	$72.07B	80.69	3.7%	4.0%	$12.91
NET Cloudflare, Inc.	BEARISH	$72.63B	-	-8.2%	-4.7%	$206.34	Compare
MSI Motorola Solutions, Inc.	NEUTRAL	$71.34B	33.67	104.2%	18.4%	$429.23	Compare
SNPS Synopsys, Inc.	NEUTRAL	$73.17B	52.61	6.5%	31.0%	$389.83	Compare
GLW Corning Incorporated	NEUTRAL	$70.61B	52.6	12.7%	9.2%	$82.06	Compare

NOK Nokia Oyj

BEARISH

Mkt Cap

$72.1B

P/E

80.7

ROE

3.7%

Price

$12.91

Compare with NOK

Compare with NOK

Compare with NOK

GLW Corning Incorporated

Compare with NOK

SEC Filings

Recent regulatory filings from the SEC EDGAR database

20-F

2026-03-05

Nokia filed its annual report on Form 20-F on March 5, 2026. Due to the absence of provided excerpts, specific financial highlights and risk factors cannot be detailed at this time.

20-F

2025-03-13

Nokia filed its annual report on Form 20-F on March 13, 2025. This filing contains the company's comprehensive financial results and updated risk disclosures regarding its global telecommunications and network infrastructure operations.

Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus

BUY

9 analysts

Argus Research

2026-04-27

Hold Buy

Morgan Stanley

2026-02-09

init

Overweight

JP Morgan

2025-12-01

Maintains

Overweight Overweight

Past News Coverage

Recent headlines mentioning NOK from our newsroom.

Newest → oldest

Back to All Stocks

TradingGPT V2 Copilot

Fundamentals • Valuation • Risk

Hi! I'm your fundamentals copilot.

Ask me to:
• Summarize the business quality
• Review valuation and multiples
• Highlight risks and red flags
• Explain growth and margin trends

NOK

NOK Nokia Oyj - Fundamental Analysis

At a glance

AI Analysis

Key Strengths

Key Risks

Performance Snowflake

Stock Price & Analyst Targets

Multi-Horizon Performance vs Peers

Historical Performance Trends

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Valuation Metrics

Profitability

Growth

Financial Health

Financial Statement Flow

Quarterly Earnings History

Technology Sector Comparison

Similar Companies

SEC Filings

Wall Street Analysts

Past News Coverage

Wait — Don't Miss Out!