NOKIA OYJ (NOKIA.PA) Forecast, Price Target & Analyst Ratings

EPA:NOKIA • FI0009000681

Current stock price

5.55 EUR
-0.03 (-0.54%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NOKIA OYJ (NOKIA.PA).

Forecast Snapshot

Consensus Price Target

Price Target
€5.61
+ 1.12% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jan 29, 2026
Period
Q4 / 2025
EPS Estimate
€0.15
Revenue Estimate
6.375B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
71.11%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
€5.61
Upside
+ 1.12%
From current price of €5.55 to mean target of €5.61, Based on 36 analyst forecasts
Low
€3.33
Median
€5.77
High
€7.56

Price Target Revisions

1 Month
-0.19%
3 Months
22.20%

Price Target Summary

36 Wall Street analysts provided a forecast for the next 12 months for NOKIA.PA. The average price target is 5.61 EUR. This implies a price increase of 1.12% is expected in the next year compared to the current price of 5.55.
The average price target has been revised upward by 22.2% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NOKIA Current Analyst RatingNOKIA Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10

Analyst Ratings History

NOKIA Historical Analyst RatingsNOKIA Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
71.11%
NOKIA.PA was analyzed by 36 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about NOKIA.PA.
In the previous month the buy percentage consensus was at a similar level.
NOKIA.PA was analyzed by 36 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jan 29, 2026
Period
Q4 / 2025
EPS Estimate
€0.15
Revenue Estimate
6.375B
Revenue Q2Q
6.55%
EPS Q2Q
-17.07%
Number of Analysts
15

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.72%
EPS (1 Month)
-0.57%
EPS (3 Months)
-1.75%

Next Earnings Summary

NOKIA.PA is expected to report earnings on 1/29/2026. The consensus EPS estimate for the next earnings is 0.15 EUR and the consensus revenue estimate is 6.38B EUR.
The next earnings revenue estimate has been revised downward by 0.72% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
NOKIA.PA revenue by date.NOKIA.PA revenue by date.
24.911B
12.20%		21.138B
-15.15%		19.22B
-9.07%		20.485B
6.58%		21.301B
3.98%		21.975B
3.16%		22.759B
3.57%		22.649B
-0.48%		22.771B
0.54%
EBITDA
YoY % growth
NOKIA.PA ebitda by date.NOKIA.PA ebitda by date.
3.63B
14.80%		2.58B
-28.93%		2.656B
2.95%		2.669B
0.49%		3.23B
21.02%		3.557B
10.12%		4.318B
21.39%		3.836B
-11.16%		3.938B
2.66%
EBIT
YoY % growth
NOKIA.PA ebit by date.NOKIA.PA ebit by date.
2.49B
20.46%		1.493B
-40.04%		1.642B
9.98%		1.904B
15.96%		2.387B
25.37%		2.679B
12.23%		3.246B
21.16%		2.82B
-13.12%		2.91B
3.19%
Operating Margin
NOKIA.PA operating margin by date.NOKIA.PA operating margin by date.
10.00%7.06%8.54%9.29%11.21%12.19%14.26%12.45%12.78%
EPS
YoY % growth
NOKIA.PA eps by date.NOKIA.PA eps by date.
0.43
16.22%		0.28
-34.88%		0.39
39.29%		0.28
-28.02%		0.35
23.88%		0.39
12.21%		0.44
13.11%		0.39
-11.58%		0.40
2.48%

All data in EUR

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		0.15
-17.07%		0.05
52.78%		0.05
33.90%		0.07
11.58%		0.15
3.51%
Revenue
Q2Q % growth		6.375B
6.55%		4.869B
10.91%		4.865B
7.02%		5.066B
4.93%		6.662B
4.50%
EBITDA
Q2Q % growth		1.223B
-36.66%		452.79M
109.63%		507.82M
-19.27%		662.31M
-38.33%		N/A
EBIT
Q2Q % growth		1.017B
10.91%		336.86M
801.79%		432.1M
440.13%		484.11M
102.56%		1.142B
12.29%

All data in EUR

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NOKIA.PA Yearly Revenue VS EstimatesNOKIA.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B 25B
NOKIA.PA Yearly EPS VS EstimatesNOKIA.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.1 0.2 0.3 0.4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
0.02%
EPS Next 5 Year
0.01%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.74%
Revenue Next 5 Year
2.85%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
12.97%
EBIT Next 5 Year
9.23%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NOKIA OYJ / NOKIA.PA Forecast FAQ

What do analysts expect the price target to be for NOKIA OYJ (NOKIA.PA)?

36 analysts have analysed NOKIA.PA and the average price target is 5.61 EUR. This implies a price increase of 1.12% is expected in the next year compared to the current price of 5.55.

What is the next earnings date for NOKIA stock?

NOKIA OYJ (NOKIA.PA) will report earnings on 2026-01-29, after the market close.

What are the consensus estimates for NOKIA stock next earnings?

The consensus EPS estimate for the next earnings of NOKIA OYJ (NOKIA.PA) is 0.15 EUR and the consensus revenue estimate is 6.38B EUR.

What is the consensus rating for NOKIA stock?

The consensus rating for NOKIA OYJ (NOKIA.PA) is 71.1111 / 100 . This indicates that analysts generally have a positive outlook on the stock.