What is the 12-month stock price forecast for Nokia Corporation?

The 12-month stock price forecast is $5.97, which is an increase of 52.69% from the latest price. Nokia CorporationStock Exchange Release4 August 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 04.08.2023 Espoo, Finland – On 4 August 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7...

Should you buy Nokia Oyj (NOK) stock?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nokia Oyj in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NOK shares. View NOK analyst ratings or view top-rated stocks.

What are Nokia's Growth Opportunities?

Despite the challenges, Nokia has several potential growth opportunities. The company is investing in developing 5G technology, which is expected to drive demand for its products and services. Nokia has also expanded its offerings to include software and services, which can help to diversify its revenue streams.