Analyst Sandeep Deshpande from J.P. Morgan maintained a Buy rating on Nokia (NOK), with a $6.83 price target.
Nokia Stock Forecast & Price TargetBased on 12 Wall Street analysts offering 12 month price targets for Nokia in the last 3 months.
The average price target is €5.91 with a high forecast of €7.00 and a low forecast of €5.20. The average price target represents a 26.09% change from the last price of €4.69.
Earnings ForecastNext quarter’s earnings estimate for NOKIA is €0.14 with a range of €0.12 to €0.16. The previous quarter’s EPS was €0.10. NOKIA beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 46.07% of the time in the same period. In the last calendar year NOKIA has Outperformed its overall industry.
Sales ForecastNext quarter’s sales forecast for NOKIA is €7.24B with a range of €6.76B to €7.50B. The previous quarter’s sales results were €6.24B. NOKIA beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 52.38% of the time in the same period. In the last calendar year NOKIA has Outperformed its overall industry.
Analyst Recommendation TrendsIn the current month, NOKIA has received 3 Buy ratings 1 Hold ratings, and 0 Sell ratings.
The NOKIA average analyst price target in the past 3 months is €5.91Nokia’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 12 Wall Streets Analysts.
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