Nokia offers excellent cash conversion at 201% of net income and a perfect Piotroski F-Score of 9 out of 9, but its forward P/E of 30.4x is expensive for a slow-growing telecom equipment company trading above analyst consensus targets with below-average peer rankings.
Thesis pillars
- Expensive Valuation At Consensus→Stable
- Perfect Piotroski Financial Health→Stable
- Exceptional Cash Conversion→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026· older than 90 days
Nokia Corporation Sponsored (NOK) Stock Analysis
Technology · Communication Equipment
Hold if already holding. Not a fresh buy at $8.48, but acceptable to hold if already in. Reasons: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Technology): -0.8.
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and... Read more
Hold if already holding. Not a fresh buy at $8.48, but acceptable to hold if already in. Reasons: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 5.9/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 85d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: speculative.
Recent developments
updated Nov 3, 2026Recent Developments — Nokia Corporation Sponsored
Latest news
- NEWS Moody's Upgrades Nokia's Senior Unsecured Ratings — fiscal.ai Nov 3, 2026 positive
- NEWS Why Nokia Sank today - The Motley Fool — The Motley Fool Oct 22, 2026 negative
- NEWS Why Nokia Sank today - Yahoo Finance — Yahoo Finance Oct 22, 2026 negative
- NEWS Nokia Oyj 2026 Q3 - Results - Earnings Call Presentation (NYSE:NOK) 2026-10-22 - Seeking Alpha — Seeking Alpha Oct 22, 2026 neutral
- NEWS Nokia CEO Says Supply Squeeze Is ‘A Structural Cost Increase, Not Just A Shortage': NOK Stock Drops To 6-Month Low Despi — TradingView Oct 22, 2026 negative
Latest item Nov 3, 2026 · Generated 2026-11-04T11:44:36Z.
Upcoming dated catalysts
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Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $8.48, but acceptable to hold if already in. Reasons: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Analyst target $12.63 (+48.9%), stop $7.89 (−7.5%), A.R:R 4.0:1. Score 5.9/10, moderate confidence.
Analyst target: $12.63 (+48.9% upside). Analyst target $12.63 (+48.9%), stop $7.89 (−7.5%), A.R:R 4.0:1. Stop-loss: $7.89.
V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0); Sector modifier (Technology): -0.8; Negative momentum.
Nokia Corporation Sponsored trades at a P/E of 49.9 (forward 17.5). TrendMatrix value score: 6.8/10. Verdict: Hold.
35 analysts rate NOK, with a consensus score of 3.7/5. 12 analysts publish price targets averaging $15.
What does Nokia Corporation Sponsored do?Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin...
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper technologies, access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP network solutions, which delivers IP edge routing and data center networking solutions for residential, mobile, enterprise, and cloud applications; and optical networks solutions, which provides optical transport networks for metro, regional, and long-haul applications. It also provides mobile technology products, agentic AI platform, and services for radio access networks and microwave radio links for transport networks; and network management solutions, as well as network planning, optimization, network deployment, and technical support services. In addition, the company offers cloud and network services, including open, secure, automated, and scalable software and solutions; and 5G core, secure autonomous networks, private wireless and industrial edge, and network APIs. Further, it licenses intellectual property, including patents, technologies, and the Nokia brand. The company serves its products and services to defense communications energy and resources, enterprise and industrial campus, private networks, public sector, and transportation industries. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.