Insider buying last 90 days
No open-market insider purchases were filed for NOK in the last 90 days.
From Form 4 filings, dated to when each was filed.
Nokia shares have been under pressure following the Q3 2026 report on 22 October, which showed 9% net sales growth and operating margin expanding to 11.7%, with the AI and cloud segment surging 123% year-over-year and order intake up 118% to EUR 1.5 billion; despite these figures, the last earnings reaction was -12%. Comparisons circulating this week against AT&T and Verizon highlight Nokia's cyclical revenue pattern versus those peers' steadier revenue, while a separate piece framed Nokia against Ericsson on 5G infrastructure. The stock also posted back-to-back daily declines, falling 3.04% on 2 November and 8.06% on 30 October.
The stock closed at $8.26, down 2.6%, sitting below both the 50-day ($9.86) and 200-day ($10.33) averages, with the shorter average below the longer one, reflecting a downward trend; the 1-month return stands at -24.7% and the 6-month at -37.4%, against a 52-week range of $5.86 to $17.45. The GekkoIndex reads 65.3, placing Nokia in the Accumulation zone, while the price sits 19% below Gekko Fair Value of $10.20.
The next earnings date is 28 January 2027, 84 days out, beyond a typical 20-trading-day holding window. Smart money activity shows 1 Congress buy and 0 sells over the last 90 days, alongside 1 unusual options signal over the last 30 days, with call premium of $1,131,154 compared with put premium of $441,982. Seasonality for the coming 20 trading days has averaged -2.8% across 5 years, rising in just 1 of them, a pattern worth noting given the current trend.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Nokia scores 4 supportive, 0 mixed and 2 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive0 mixed2 headwinds
Below 50 and 200-day
Close $8.26 is below the 50-day ($9.86) and 200-day ($10.33) averages, and the 50-day is below the 200-day.
See the chart65.3, Accumulation
Reading 65.3 is in the Accumulation zone.
See the GekkoIndex19.0% below
Price is 19% below Gekko Fair Value (more than 5% below).
See fair valueLeans bullish
Last 90 days: Congress 1 buy / 0 sales. Last 30 days: 1 unusual options signal.
See smart moneyReports in 84 days
Next report Jan 28, 2027, 84 days away — outside a typical 20-trading-day hold.
See earnings−2.8% on average
From this point in the calendar, the next 20 trading days averaged −2.8% over 5 years, rising in 1 of them.
See seasonalityA description of current data, not a recommendation. How this page works
Nokia closed at $8.26 on Nov 4, 2026, +15.5% over the past year, inside a 52-week range of $5.86 to $17.45.
Use the left and right arrow keys to read daily values.
Put NOK on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Nokia designs and supplies the equipment and software that keep mobile, fixed, and cloud networks running. Its offerings stretch from radio access gear covering older 2G systems through modern 5G, plus microwave links used to move signals between towers, along with fixed-line products such as fiber and copper connections, Wi-Fi hardware, routing equipment, and optical transmission systems used to shuttle data over short and very long distances, including undersea routes. The company is also known for licensing its patents, technology, and brand name to others, alongside selling related hardware and software.
Its work is split across four divisions. Mobile Networks focuses on radio and transport gear, Network Infrastructure covers fixed broadband, optical, Wi-Fi, and IP routing products for homes, businesses, and industrial users, Cloud and Network Services builds software for core networks and cloud-based applications, and Nokia Technologies manages patent and brand licensing along with associated products. Buyers of these offerings include telecom carriers, large internet and cloud firms, industrial operators, and public sector bodies.
The company dates back to 1865 and is based in Espoo, Finland. Its stock trades under the ticker NOK.
Nokia’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 65.3, in the Accumulation zone, up 2.7 points over five sessions.
Up 2.7 points over five sessions.
Reading for Nov 4, 2026
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 41 | −1.2% | +3.1% | ||
| Accumulation (current zone) | 119 | +0.8% | +1.6% | ||
| Neutral | 435 | +0.9% | +3.8% | ||
| Distribution | 55 | +2.6% | +11.8% | ||
| Selling | 0 | Not available | |||
Average NOK share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
Nokia trades 19.0% below Gekko Fair Value of $10.20, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Nokia shares are worth, recalculated every trading day.
$10.20
Gekko Fair Value, Nov 4, 2026
19.0% Undervalued
At the end of Aug 2026 the price was 6.3% below the estimate.
No open-market insider purchases were filed for Nokia, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
No open-market insider purchases were filed for NOK in the last 90 days.
From Form 4 filings, dated to when each was filed.
1trade disclosed: 1 purchase and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| Laurel Lee House, FL, purchase | $15,001 - $50,000 | Oct 19 traded Sep 18 |
From congressional disclosures, which report amounts as ranges.
1signal, 72% of the flagged premium in calls.
Latest: Bullish flow on Oct 23, $1.57M in unusual premium.
6of the funds Gekko tracks hold NOK.
Nokia reports on Jan 28, 2027, before the open (84 days away), and beat the EPS estimate in 6 of its last 8 reports.
Jan 28, 2027
Expected before the open, 84 days away
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Oct 22, 2026 | $0.10 est $0.08 | $5.77B est $5.72B | −12.0% |
| Jul 23, 2026 | $0.08 est $0.07 | $5.48B est $5.57B | −11.5% |
| Apr 23, 2026 | $0.06 est $0.05 | $5.27B est $5.33B | +6.1% |
| Jan 29, 2026 | $0.21 est $0.17 | $7.31B est $7.12B | −5.7% |
| Oct 23, 2025 | $0.07 est $0.06 | $5.66B est $6.12B | +13.5% |
| Jul 24, 2025 | $0.05 est $0.07 | $5.35B est $4.72B | −4.2% |
| Apr 24, 2025 | $0.03 est $0.05 | $4.81B est $4.90B | −6.0% |
| Jan 30, 2025 | $0.16 est $0.11 | $6.20B est $4.40B | +3.6% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Analysts’ average 12-month price target for Nokia is $14.52, +75.8% from the last close, from 4 firms rating the stock in the last 90 days.
Each firm’s latest rating in the last 90 days: 4 firms.
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 27 | Bank of America Securities | $15.50 | +87.7% |
| Oct 23 | J.P. Morgan | $20.50 | +148.2% |
| Oct 23 | Rosenblatt Securities | $14 | +69.5% |
| Oct 23 | B. Riley Securities | $15 | +81.6% |
| Oct 22 | Bank of America Securities | — | — |
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Over the next 20 trading days from Nov 4, Nokia averaged −2.8% across the last 5 years, rising in 1 of them.
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +1.7% | 3 of 5 |
| Next 10 trading days | +1.5% | 3 of 5 |
| Next 15 trading days | −2.8% | 2 of 5 |
| Next 20 trading days | −2.8% | 1 of 5 |
| Next 30 trading days | −1.8% | 2 of 5 |
For scale, NOK’s typical 20-trading-day move in either direction is about 5.9%.
Nokia’s market cap is $44.61B, with a P/E ratio of 51.9 and revenue of $20.85B over the last twelve months.
Coverage of Nokia this week reads negative: 2 positive, 2 neutral and 4 negative headlines.
Nokia’s market cap is $44.61B at the Nov 4, 2026 close of $8.26, with 5.60B shares outstanding. The shares trade on a P/E ratio of 51.9.
The consensus analyst 12-month price target for Nokia is $14.52, +75.8% from the last close. Of the 4 firms that rated the stock in the last 90 days, 4 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
On Gekko’s estimate Nokia is undervalued: the Nov 4, 2026 close of $8.26 is 19.0% below Gekko Fair Value of $10.20. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
Nokia is expected to report on Jan 28, 2027, before the market opens (84 days away). Analysts expect earnings of $0.17 per share on revenue of $7.08B. Nokia beat the earnings estimate in 6 of its last 8 reports, moving 7.8% on average across the report.
Nokia’s 52-week high is $17.45 and its 52-week low is $5.86; it closed at $8.26 on Nov 4, 2026, +15.5% over the past year.
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and earnings risk) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.
Gekko flagged 1 unusual options signal in Nokia over the last 30 days, with $1.13M of flagged premium in calls and $442K in puts. The latest, bullish flow, was on Oct 23, 2026 with $1.57M in unusual premium. The signal-by-signal table is in Gekko.
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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