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Nokia (NOK) is a leading communication equipment business based in the US. It opened the day at $4.00 after a previous close of $4.02. During the day the price has varied from a low of $4.00 to a high of $4.01. The latest price was $4.01 (25 minute delay). Nokia is listed on the NYSE and employs 86,896 staff. All prices are listed in US Dollars.
Stock prices and other data on this page delayed by 25 minutes.
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| Open | $4.00 |
|---|---|
| High | $4.01 |
| Low | $4.00 |
| Close | $4.01 |
| Previous close | $4.02 |
| Change | $-0.02 |
| Change % | -0.3731% |
| Volume | 413,359 |
| 52-week range | $3.93 - $5.11 |
|---|---|
| 50-day moving average | $4.36 |
| 200-day moving average | $4.61 |
| Wall St. target price | $6.20 |
| PE ratio | 4.9573 |
| Dividend yield | $0.12 (2.85%) |
| Earnings per share (TTM) | $0.82 |
Nokia is one of the leading vendors in the telecommunications equipment industry. The company sells hardware, software and services to communication service providers (CSPs). It also earns revenue through licensing communication patents and royalty payments.
With the upcoming network infrastructure upgrades to 5G worldwide, Nokia’s core operation should benefit from this. Nokia also offers solutions to clients who want to integrate Internet of Things (IoT) devices into their networks and enterprises. What’s more, the company intends to pursue licensing in industries such as automotive and consumer electronics. All this should positively impact the company going forward.
Nokia is a leader in the CSP supplier market but there is fierce competition from companies like Huawei, Ericsson, ZTE and Samsung. With some countries limiting ZTE and Huawei from participating in building their 5G infrastructure, Nokia could benefit. But this can also backfire with China preventing other non-Chinese manufacturers from building Chinese 5G infrastructure.
Another potential risk is the slow adoption of 5G networks. If demand for higher network speeds as well as use of IoT devices is low, CSPs may halt their network upgrades.
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Most analysts give Nokia a buy rating with a target price of around $7 in the next 12 months. Depending on the current stock price, this could be a bargain. It’s also one of the cheapest stocks compared to similar companies, so grabbing some shares while they’re at a discount could be worthwhile. It’s also one of the popular stocks on the WallStreetBets subreddit, which has shown in the past that meme stocks can see a short-term rally.
However, if you think the risks outweigh the reward, you can just as well skip this stock and consider some of its competitors, such as Cisco Systems and Ericsson.
Historical closes compared with the close of $4.005 from 2023-06-07
| 1 week (2023-05-30) | -0.37% |
|---|---|
| 1 month (2023-05-08) | -2.79% |
| 3 months (2023-03-04) | N/A |
| 6 months (2022-12-06) | -17.76% |
| 1 year (2022-06-08) | -20.06% |
|---|---|
| 2 years (2021-06-08) | -28.23% |
| 3 years (2020-06-08) | 4.52 |
| 5 years (2018-06-08) | 5.7191 |
Valuing Nokia stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nokia's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | $25.4 billion |
|---|---|
| Operating margin TTM | 10.38% |
| Gross profit TTM | $10.3 billion |
| Return on assets TTM | 4% |
| Return on equity TTM | 21.91% |
| Profit margin | 16.98% |
| Book value | $3.82 |
| Market capitalisation | $22.8 billion |
TTM: trailing 12 months
Dividend payout ratio: 37.31% of net profits
Recently Nokia has paid out, on average, around 37.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.85% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nokia shareholders could enjoy a 2.85% return on their shares, in the form of dividend payments. In Nokia's case, that would currently equate to about $0.12 per share.
While Nokia's payout ratio might seem fairly standard, it's worth remembering that Nokia may be investing much of the rest of its net profits in future growth.
Nokia's most recent dividend payout was on 9 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 24 April 2023 (the "ex-dividend date").
Nokia's shares were split on a 4:1 basis on 11 April 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Nokia shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Nokia shares which in turn could have impacted Nokia's share price.
Over the last 12 months, Nokia's shares have ranged in value from as little as $3.93 up to $5.1091. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nokia's is 0.6723. This would suggest that Nokia's shares are less volatile than average (for this exchange).
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks and microwave radio links for transport networks, and solutions for network management, as well as network planning, optimization, network deployment, and technical support services. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, Wi-Fi in-home solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, business, mobile, cloud, and digital industry applications, as well as software-defined WAN solutions; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers cloud and network services, including core network solutions, such as voice and packet core; business applications, which covers security, automation, and monetization; cloud and cognitive services; and enterprise solutions covering private wireless and industrial automation. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government.
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