Nokia (NYSE:NOK) Stock Price Down 1.8% – Should You Sell?

14 May 2026, 17:39 by Jessica Moore · The Cerbat Gem

Nokia Corporation (NYSE:NOK – Get Free Report) shares fell 1.8% during trading on Thursday . The stock traded as low as $14.30 and last traded at $14.4520. 135,100,321 shares traded hands during trading, an increase of 100% from the average session volume of 67,634,352 shares. The stock had previously closed at $14.71.

Key Nokia News

Here are the key news stories impacting Nokia this week:

Positive Sentiment: Nokia unveiled new agentic AI tools across its Altiplano, Corteca, and Broadband Easy platforms, aiming to automate network self-healing and lower service costs. Why Nokia Stock Jumped 12% Today
Positive Sentiment: Broadcom-inspired enthusiasm for AI infrastructure and retail investor interest have helped push sentiment toward Nokia as a potential “AI infra dark horse.” Is Nokia the AI infra dark horse?
Positive Sentiment: Cisco’s strong quarterly results and upbeat guidance lifted the broader networking sector, improving sentiment around Nokia and related equipment makers. Nokia shares jump after Cisco’s blowout quarterly print
Positive Sentiment: Jim Cramer said Nokia is “a Buy,” citing its exposure to data centers and the cloud stack, adding a high-profile bullish voice. Jim Cramer on Nokia: “It’s a Buy”
Neutral Sentiment: Nokia also announced Emma Falck as the next President of Mobile Infrastructure, a leadership move that may support execution but is not an immediate earnings catalyst. Nokia appoints Emma Falck as President of Mobile Infrastructure
Neutral Sentiment: Several valuation-focused articles noted Nokia’s sharp multi-month rally, suggesting the stock may be getting richer after the recent run-up. Is Nokia Oyj Fairly Priced After Its Strong Multi Year Share Price Surge
Negative Sentiment: One analyst-style comparison argued Corning’s AI-ready optical connectivity platform looks stronger than Nokia’s 5G push, highlighting competitive pressure in connectivity infrastructure. Corning vs. Nokia: Which Connectivity Stock is the Better Buy Now?

Analyst Ratings Changes

A number of research analysts have recently issued reports on NOK shares. Northland Securities set a $13.00 price objective on Nokia in a research note on Monday, April 20th. Morgan Stanley reissued an “overweight” rating on shares of Nokia in a research note on Tuesday, April 28th. Nordea Equity Research raised Nokia from a “hold” rating to a “buy” rating in a research note on Friday, April 24th. Bank of America raised Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price objective on the stock in a research note on Monday, April 13th. Finally, Argus raised Nokia from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Monday, April 27th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $9.71.

Get Our Latest Research Report on NOK

Nokia Price Performance

The company has a market capitalization of $82.99 billion, a price-to-earnings ratio of 90.33, a P/E/G ratio of 2.55 and a beta of 1.12. The business has a 50 day moving average price of $9.73 and a 200-day moving average price of $7.76. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.36 and a current ratio of 1.58.

Nokia (NYSE:NOK – Get Free Report) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.06 EPS for the quarter. Nokia had a return on equity of 9.22% and a net margin of 4.02%.The business had revenue of $5.21 billion during the quarter. Research analysts predict that Nokia Corporation will post 0.4 EPS for the current fiscal year.

Nokia Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 12th. Investors of record on Tuesday, April 28th were given a $0.0468 dividend. This represents a $0.19 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Tuesday, April 28th. This is a positive change from Nokia’s previous quarterly dividend of $0.04. Nokia’s dividend payout ratio is presently 75.00%.

Institutional Trading of Nokia

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NOK. Fifth Third Bancorp increased its position in Nokia by 248.7% in the 4th quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock valued at $25,000 after buying an additional 2,721 shares in the last quarter. Wexford Capital LP bought a new stake in Nokia in the 3rd quarter valued at about $29,000. FNY Investment Advisers LLC increased its position in Nokia by 33,457.1% in the 4th quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock valued at $30,000 after buying an additional 4,684 shares in the last quarter. Dorato Capital Management bought a new stake in Nokia in the 4th quarter valued at about $31,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Nokia in the 3rd quarter valued at about $34,000. 5.28% of the stock is owned by institutional investors.

About Nokia

(Get Free Report)

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.