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.
Every NOK insider filing, plotted on the chart in Gekko.Open NOK in Gekko
Nokia (NOK) Stock Analysis & Forecast
$10.68+0.08 (+0.8%)
Close on Sep 18, 2026. Page updated Sep 19, 9:19 pm ET.
Gekko Brief
AI summaryNokia closes at $10.68, up 0.8%, sitting above both its 50-day average of $10.14 and its 200-day average of $9.80. The GekkoIndex reads 55.2, placing the stock in the Neutral zone, and the price sits 1.9% above Gekko Fair Value of $10.48. Over the trailing year the stock is up 127.2%, though the past three months show a 20.8% pullback against a six-month gain of 28.7%.
The week's news centers on Nokia's expanding AI infrastructure position. Coverage highlights a 105% surge in AI and cloud revenue and a 63% year-to-date gain, contrasted with peers like IBM's software-driven approach. The dominant theme is Nokia's extended partnership with Microsoft to build AI-ready data automation for telecom operators, which coincided with shares rising 6.3% and a nearly 70% year-to-date advance. Commentary also includes Jim Cramer naming Nokia an AI supercycle pick, alongside a separate Buy-rated analysis pointing to order momentum and margin expansion in the Network Infrastructure segment.
Looking ahead, Nokia's next earnings report is scheduled for 22 October 2026, before the open, 32 days out and beyond a typical 20-trading-day hold; the prior report on 23 July 2026 showed an $0.08 EPS beat against a $0.07 estimate but triggered an 11.5% reaction, with average absolute earnings-day moves at 7.1%. Seasonally, the next 20 trading days have averaged a 4.6% gain over 5 years, rising in 3 of those years. Consensus among 7 analysts stands at 7 Buy ratings with a target of $14.96, implying 40.1% upside per that consensus.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $10.68200-day averageGekko Fair Value $10.48
Key stats
- Market cap
- $57.74B
- P/E ratio
- 75.7
- Forward P/E
- 23.2
- EPS, TTM
- $0.14
- Revenue, TTM
- $20.39B
- Profit margin
- 3.5%
- Dividend yield
- 1.38%
- Beta
- 0.77
- Volume
- 161.9M avg 77.85M
- 1-year return
- +127.2%
- Typical daily move
- ±4.8%
- Typical 20-day move
- ±5.9%
- 50-day average
- $10.14
- 200-day average
- $9.80
- Next earnings
- Oct 22 before open
- Shares outstanding
- 5.60B
Nokia swing-trade checklist
Nokia scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed0 headwinds
- Trendsupportive
Above 50 and 200-day
Close $10.68 is above the 50-day ($10.14) and 200-day ($9.80) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
55.2, Neutral
Reading 55.2 is in the Neutral zone.
See the GekkoIndex - Fair valuemixed
1.9% above
Price is within 5% of Gekko Fair Value (1.9% above).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 32 days
Next report Oct 22, 2026, 32 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+4.6% on average
From this point in the calendar, the next 20 trading days averaged +4.6% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Nokia stock chart and price history
Nokia closed at $10.68 on Sep 18, 2026, +127.2% over the past year, inside a 52-week range of $4.63 to $17.45.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +5.4%
- 3 months
- −20.8%
- 6 months
- +28.7%
- 1 year
- +127.2%
The full NOK chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NOK in Gekko
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About Nokia
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.
- Sector
- Electronic technology
- Website
- nokia.com
Nokia GekkoIndex: the smart money zone
Nokia’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.2, in the Neutral zone, up 3.6 points over five sessions.
55.2Neutral
Up 3.6 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 39 | −1.8% | +3.1% | ||
| Accumulation | 107 | +1.1% | +1.8% | ||
| Neutral (current zone) | 414 | +1.2% | +4.5% | ||
| 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, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the NOK price, zone by zone.Track NOK in Gekko
Is Nokia stock overvalued? Gekko Fair Value
Nokia trades 1.9% above Gekko Fair Value of $10.48, so the shares are about fair value on Gekko’s estimate.
Gekko’s own estimate of what Nokia shares are worth, recalculated every trading day.
$10.48
Gekko Fair Value, Sep 19, 2026
1.9% above fair value · About fair value
Gekko Fair Value on every chart, with the gap to price updating daily.Open NOK in Gekko
Nokia insider and Congress trading
No open-market insider purchases were filed for Nokia, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in NOK were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for NOK, plotted on the chart in Gekko.Open NOK in Gekko
Hedge funds and billionaires quarter ended Jun 30
6of the funds Gekko tracks hold NOK.
1added2opened3trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko
Nokia earnings: next date and track record
Nokia reports on Oct 22, 2026, before the open (32 days away), and beat the EPS estimate in 5 of its last 8 reports.
Next earnings report
Oct 22, 2026
Expected before the open, 32 days away
- EPS estimate
- $0.08
- Revenue estimate
- $5.75B
5 of 8reports beat the EPS estimate
±7.1%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 23, 2026 AI summary
- What they said
- Nokia Q2 2026 net sales grew 9% with gross margin expanding 70bps to 46% and operating margin improving 70bps to 9%. Network Infrastructure was the standout segment with AI and cloud sales more than doubling year-on-year to EUR 446 million and order intake reaching EUR 2.8 billion. Nokia launched its first commercial AI RAN platform, targeting 100%+ spectral efficiency gains by 2028 and commercial availability in 2027.
- Guidance
- Approximately half of Q2's EUR 2.8 billion order intake is expected to convert to revenue within 12 months. Management cautioned that lumpy order patterns mean Q2 intake levels should not be expected every quarter. AI RAN pilot deployments are targeted for late 2026 with commercial launch in 2027.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| 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% |
| Oct 17, 2024 | $0.07 est $0.07 | $4.74B est $6.23B | +6.5% |
“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.
Nokia stock forecast and analyst price targets
Analysts’ average 12-month price target for Nokia is $14.96, +40.1% from the last close, from 7 firms rating the stock in the last 90 days.
$14.96consensus 12-month target, +40.1% from the last close
Now $10.68Avg $14.96
Low $15High $21
Each firm’s latest rating in the last 90 days: 7 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 17 | B. Riley Securities | $15 | +40.4% |
| Sep 15 | Rosenblatt Securities | $15 | +40.4% |
| Sep 15 | Bank of America Securities | — | — |
| Sep 14 | Rosenblatt Securities | $15 | +40.4% |
| Aug 19 | J.P. Morgan | $21 | +96.6% |
+4.5%average 20-day move after past Neutral readings
+4.6%average move over the next 20 trading days in the last 5 years
±4.8%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Nokia seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Nokia averaged +4.6% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −1.7% | 2 of 5 |
| Next 10 trading days | −0.8% | 3 of 5 |
| Next 15 trading days | +2.1% | 3 of 5 |
| Next 20 trading days | +4.6% | 3 of 5 |
| Next 30 trading days | +8.6% | 3 of 5 |
For scale, NOK’s typical 20-trading-day move in either direction is about 5.9%.
Nokia market cap and key statistics
Nokia’s market cap is $57.74B, with a P/E ratio of 75.7 and revenue of $20.39B over the last twelve months.
Valuation
- Market cap
- $57.74B
- P/E ratio
- 75.7
- Forward P/E
- 23.2
- EPS, TTM
- $0.14
- Gekko Fair Value
- $10.48
Trading
- Volume
- 161.9M
- Avg volume, 20 days
- 77.85M
- 52-week high
- $17.45
- 52-week low
- $4.63
- Shares outstanding
- 5.60B
Financials
- Revenue, TTM
- $20.39B
- Profit margin
- 3.5%
- Return on equity
- 3.5%
- Quarterly earnings growth, YoY
- −97.9%
Risk and income
- Beta
- 0.77
- Typical daily move
- ±4.8%
- Typical 20-day move
- ±5.9%
- Dividend yield
- 1.38%
Nokia stock news this week
Coverage of Nokia this week reads positive: 3 positive, 1 neutral and 0 negative headlines.
- In AI Infrastructure Race, Nokia’s Optical Bet Outpaces IBM’s Software Pivot24/7 Wall St., Sep 18
- Can NOK's Network Automation Progress With MSFT Boost Profits?Zacks Investment Research, Sep 18
- Jim Cramer Picks Nokia as AI Supercycle Winner While Dumping on BWX Technologies' 30x Multiple24/7 Wall Street, Sep 17
- Nokia Investors Won't Like This: Jim Cramer Says NOK Stock Is a Buy24/7 Wall Street, Sep 17
- Nokia: Surging AI Orders And Expanding Capacity Support More UpsideSeeking Alpha, Sep 17
- To AI From Flip Phones. Nokia's Extended Microsoft Partnership Could Make the Stock Legit.Barrons, Sep 17
Nokia stock FAQ
What is Nokia’s market cap?
Nokia’s market cap is $57.74B at the Sep 18, 2026 close of $10.68, with 5.60B shares outstanding. The shares trade on a P/E ratio of 75.7.
What is the Nokia stock forecast?
The consensus analyst 12-month price target for Nokia is $14.96, +40.1% from the last close. Of the 7 firms that rated the stock in the last 90 days, 7 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Nokia stock overvalued or undervalued?
On Gekko’s estimate Nokia is about fair value: the Sep 18, 2026 close of $10.68 is 1.9% above Gekko Fair Value of $10.48. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Nokia report earnings next?
Nokia is expected to report on Oct 22, 2026, before the market opens (32 days away). Analysts expect earnings of $0.08 per share on revenue of $5.75B. Nokia beat the earnings estimate in 5 of its last 8 reports, moving 7.1% on average across the report.
What is Nokia’s 52-week high and low?
Nokia’s 52-week high is $17.45 and its 52-week low is $4.63; it closed at $10.68 on Sep 18, 2026, +127.2% over the past year.
Is Nokia stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 2 as mixed (gekkoindex and fair value). The checklist is a description of current data, not a recommendation.
How this page works
Prices and signals update after every 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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