Nokia Oyj (NOK) stock forecast & analysis
9.40
NYSE · USDDelayed by 20 minutes
Down: -0.46, -4.7%
9.34Down: -0.06, -0.6%
6 analyses
Latest analysis: · verdict locked
- Open
- 9.74
- Previous close
- 9.86
- Day range
- 9.30 – 9.77
- 52-week range
- 5.45 – 17.45
- Volume (shares)
- 82.67M
- Net assets
- Not available
- Expense ratio
- Not available
- Shares outstanding
- 5.60B
- P/E ratio
- 67.14
- Dividend yield
- 1.66%
- Beta
- 0.74
- Market cap
- 52.63B
Market Scanner’s AI analysis of Nokia Oyj (NOK), updated October 2026: Nokia's recent analyses focused on technical indicators, mixed financial results, and strategic advancements in AI and satellite communications.
This page is the public summary. A signed-in user can run a fresh five-stage AI analysis of Nokia Oyj (NOK) and read the full verdict with the bull and bear debate behind it — using Market Scanner tokens, or their own OpenAI or Anthropic key.
Summary
Nokia's recent analyses focused on technical indicators, mixed financial results, and strategic advancements in AI and satellite communications.
Recent analyses of Nokia Oyj (NOK) covered a range of technical indicators, showing mixed signals with some suggesting upward momentum and others indicating bearish trends. Financially, the company reported an 8.4% year-over-year revenue increase but a significant 97.9% decrease in quarterly earnings. News reports highlighted Nokia's strategic focus on AI, cloud technologies, and sovereign satellite communications, alongside potential trials in 6G.
NOK news & sentiment
News reports indicated mixed sentiment, with some highlighting positive momentum driven by AI and cloud technology advancements, while others noted significant stock price declines despite earnings beats. Social media sentiment data was not available for the company.
NOK technical picture
Price action showed mixed signals relative to moving averages, with some analyses indicating the stock was above key long-term and medium-term averages while others noted it below the 50-day SMA. Momentum indicators like RSI and MFI generally sat in neutral territory, though some readings suggested oversold conditions, while MACD readings varied between positive and negative momentum. Support and resistance levels were observed within Bollinger Bands, with price action occasionally nearing the upper band.
Fundamentals
Nokia Oyj's recent analyses covered an 8.4% year-over-year quarterly revenue increase alongside a significant 97.9% year-over-year decrease in quarterly earnings. Profit margins and return on equity were noted as low, with varying historical revenue and net income figures discussed.
Factors discussed — upside
- Stock price above 50-day and 200-day SMAs in some analyses.
- Positive short-term momentum indicated by 10-day EMA in some reports.
- Revenue experienced an 8.4% year-over-year increase.
- Advancements in AI, cloud technologies, and sovereign satellite communications targeting new revenue streams.
- Potential future growth opportunities in 6G technology trials.
Factors discussed — risks
- Stock price below 50-day SMA in some analyses, indicating a medium-term downtrend.
- RSI and MFI in neutral or oversold territory in various reports.
- Significant year-over-year quarterly earnings decrease of 97.9%.
- MACD showing bearish momentum in some analyses.
- Stock experienced a significant drop despite beating earnings estimates in one report.
- Technical Indicators
- Financial Performance
- AI and Cloud Technologies
- Market Sentiment
Summary updated .
NOK technical indicators
Common technical indicators for NOK, computed from its daily closing prices.
| Indicator | Value | Reading |
|---|---|---|
| 50-day simple moving average | 10.24 | Price below |
| 10-day exponential moving average | 10.09 | Price below |
| Relative strength index (14-day) | 39.50 | Neutral |
| MACD line (12/26/9) | -0.1259 | Below its signal line |
| Bollinger bands (20-day, 2σ) | 9.62 – 11.13 | Price below the lower band |
NOK stock forecast — AI outlook
The most recent historical sample analysis of NOK recorded this AI decision distribution. Newer analyses are locked — get the current verdict.
Buy 25%Hold 50%Sell 25%
As of
Analyses
Historical, AI-generated samples of past NOK.US analyses — one per day, shown for context, not current guidance. Newer reports are locked; sign in to read them or generate a fresh one.
Bearish
Technical indicators suggest bearish momentum with the price below key moving averages. While the company is strategically positioning in AI and defense sectors, a major institutional investor has reduced its stake, and recent financial performance shows a decline in revenue and net income compared to prior years.
Neutral
Nokia's Q2 earnings beat estimates due to AI and cloud infrastructure demand, but the stock price declined, indicating mixed market sentiment. Technical indicators show the stock is oversold, suggesting a potential rebound, though short-term momentum appears weak.
Bearish
Technical indicators suggest a bearish trend for NOK, with key moving averages and momentum oscillators pointing downwards. While the company has a notable market capitalization and revenue, recent quarterly earnings growth has seen a significant decline.
Neutral
Nokia's stock shows mixed technical indicators, with some suggesting a short-term upward trend despite a medium-term downtrend. Recent news highlights potential growth in 6G technology and participation in sector rallies, though the company has also experienced a significant price decline and a sharp year-over-year decrease in quarterly earnings.
Neutral
Nokia's stock shows a short-term positive trend with its price above key moving averages, though momentum indicators are neutral. Recent revenue growth is positive, but profitability has seen a significant year-over-year decrease. News highlights Google's AI investments in Europe, which may indirectly benefit Nokia.
Locked
Unlock in the library — 1 newer report
Sign in to unlock the 2026-10-07 NOK.US analysis
Get the verdict — free
Frequently asked questions
- What is the bull case for Nokia Oyj?
- The bull case for Nokia Oyj (NOK) centers on its strategic advancements in AI, cloud technologies, and sovereign satellite communications, which are expected to open new revenue streams. These developments, coupled with potential future growth opportunities in 6G technology trials and an 8.4% year-over-year revenue increase, are seen as key upside drivers.
- What are the risks for Nokia Oyj?
- Risks for Nokia Oyj (NOK) include a significant year-over-year quarterly earnings decrease of 97.9% and technical indicators showing bearish momentum in some analyses. While revenue has increased, some reports note the stock price falling below its 50-day moving average, indicating a medium-term downtrend, and other indicators suggest neutral or oversold conditions.
- Is Nokia Oyj bullish or bearish?
- Recent AI analyses of Nokia Oyj examined factors on both sides. Discussed upside: The bull case for Nokia Oyj (NOK) centers on its strategic advancements in AI, cloud technologies, and sovereign satellite communications, which are expected to open new revenue streams. These developments, coupled with potential future growth opportunities in 6G technology trials and an 8.4% year-over-year revenue increase, are seen as key upside drivers. Discussed risks: Risks for Nokia Oyj (NOK) include a significant year-over-year quarterly earnings decrease of 97.9% and technical indicators showing bearish momentum in some analyses. While revenue has increased, some reports note the stock price falling below its 50-day moving average, indicating a medium-term downtrend, and other indicators suggest neutral or oversold conditions. These are descriptive observations, not a recommendation.
- What is the latest sentiment on Nokia Oyj?
- News reports indicated mixed sentiment, with some highlighting positive momentum driven by AI and cloud technology advancements, while others noted significant stock price declines despite earnings beats. Social media sentiment data was not available for the company.
- What is the Nokia Oyj (NOK) stock forecast?
- Market Scanner publishes historical AI analysis samples rather than a live forecast. The most recent sample for Nokia Oyj (NOK), dated 2026-09-09, recorded an AI decision distribution of Buy 25%, Hold 50%, and Sell 25%. It is a dated historical sample shown for context, not current guidance.
- What is the Nokia Oyj (NOK) stock prediction for 2026?
- Market Scanner does not make price predictions for 2026. As of 2026-09-09, its most recent historical sample analysis of Nokia Oyj (NOK) recorded an AI decision distribution of Buy 25%, Hold 50%, and Sell 25%. Newer analyses are available after sign-in.
- How does Market Scanner analyse Nokia Oyj?
- Every analysis of Nokia Oyj runs the same five stages: four analysts read the market independently, a bull and a bear debate what they found, one agent turns the ruling into a position, three risk perspectives stress-test it, and a final agent writes the report. Market Scanner publishes what each stage does, with figures computed from the analyses on the platform rather than written in by hand.Read the methodology
What is the bull case for Nokia Oyj?
The bull case for Nokia Oyj (NOK) centers on its strategic advancements in AI, cloud technologies, and sovereign satellite communications, which are expected to open new revenue streams. These developments, coupled with potential future growth opportunities in 6G technology trials and an 8.4% year-over-year revenue increase, are seen as key upside drivers.
What are the risks for Nokia Oyj?
Risks for Nokia Oyj (NOK) include a significant year-over-year quarterly earnings decrease of 97.9% and technical indicators showing bearish momentum in some analyses. While revenue has increased, some reports note the stock price falling below its 50-day moving average, indicating a medium-term downtrend, and other indicators suggest neutral or oversold conditions.
Is Nokia Oyj bullish or bearish?
Recent AI analyses of Nokia Oyj examined factors on both sides. Discussed upside: The bull case for Nokia Oyj (NOK) centers on its strategic advancements in AI, cloud technologies, and sovereign satellite communications, which are expected to open new revenue streams. These developments, coupled with potential future growth opportunities in 6G technology trials and an 8.4% year-over-year revenue increase, are seen as key upside drivers. Discussed risks: Risks for Nokia Oyj (NOK) include a significant year-over-year quarterly earnings decrease of 97.9% and technical indicators showing bearish momentum in some analyses. While revenue has increased, some reports note the stock price falling below its 50-day moving average, indicating a medium-term downtrend, and other indicators suggest neutral or oversold conditions. These are descriptive observations, not a recommendation.
What is the latest sentiment on Nokia Oyj?
News reports indicated mixed sentiment, with some highlighting positive momentum driven by AI and cloud technology advancements, while others noted significant stock price declines despite earnings beats. Social media sentiment data was not available for the company.
What is the Nokia Oyj (NOK) stock forecast?
Market Scanner publishes historical AI analysis samples rather than a live forecast. The most recent sample for Nokia Oyj (NOK), dated 2026-09-09, recorded an AI decision distribution of Buy 25%, Hold 50%, and Sell 25%. It is a dated historical sample shown for context, not current guidance.
What is the Nokia Oyj (NOK) stock prediction for 2026?
Market Scanner does not make price predictions for 2026. As of 2026-09-09, its most recent historical sample analysis of Nokia Oyj (NOK) recorded an AI decision distribution of Buy 25%, Hold 50%, and Sell 25%. Newer analyses are available after sign-in.
How does Market Scanner analyse Nokia Oyj?
Every analysis of Nokia Oyj runs the same five stages: four analysts read the market independently, a bull and a bear debate what they found, one agent turns the ruling into a position, three risk perspectives stress-test it, and a final agent writes the report. Market Scanner publishes what each stage does, with figures computed from the analyses on the platform rather than written in by hand.
Read the methodology- Bundles used
- gemini-low-v2
Run a fresh NOK.US analysis
Configure the ticker, model bundle and debate depth here — you only sign in at the end, and everything you picked comes with you.