Nokia (NYSE:NOK) Sets New 1-Year High – Time to Buy?

11 May 2026, 18:59 by Amy Steele · The Cerbat Gem

Nokia Corporation (NYSE:NOK – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.99 and last traded at $13.94, with a volume of 103580789 shares changing hands. The stock had previously closed at $12.82.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Wall Street Zen downgraded Nokia from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. The Goldman Sachs Group upgraded Nokia from a “sell” rating to a “neutral” rating in a research report on Monday, March 30th. Nordea Equity Research raised shares of Nokia from a “hold” rating to a “buy” rating in a report on Friday, April 24th. Arete Research upgraded shares of Nokia from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Finally, Bank of America upgraded shares of Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price objective for the company in a research report on Monday, April 13th. Twelve investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $9.71.

View Our Latest Stock Analysis on NOK

Nokia Stock Performance

The company has a market cap of $79.81 billion, a price-to-earnings ratio of 86.87, a P/E/G ratio of 2.48 and a beta of 1.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.36 and a current ratio of 1.58. The company has a fifty day moving average of $9.26 and a two-hundred day moving average of $7.54.

Nokia (NYSE:NOK – Get Free Report) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.06 earnings per share (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. Equities research analysts anticipate that Nokia Corporation will post 0.4 EPS for the current year.

Nokia Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 12th. Investors of record on Tuesday, April 28th will be issued a $0.0468 dividend. This is a boost from Nokia’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, April 28th. This represents a $0.19 dividend on an annualized basis and a yield of 1.3%. Nokia’s dividend payout ratio (DPR) is 75.00%.

Institutional Investors Weigh In On Nokia

A number of institutional investors have recently added to or reduced their stakes in NOK. J2 Capital Management Inc increased its position in Nokia by 2.0% in the 1st quarter. J2 Capital Management Inc now owns 68,204 shares of the technology company’s stock valued at $548,000 after acquiring an additional 1,319 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Nokia by 6.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 22,426 shares of the technology company’s stock worth $145,000 after purchasing an additional 1,450 shares during the period. Kathmere Capital Management LLC grew its stake in shares of Nokia by 14.0% in the first quarter. Kathmere Capital Management LLC now owns 12,081 shares of the technology company’s stock worth $97,000 after purchasing an additional 1,483 shares during the last quarter. Xponance LLC grew its stake in shares of Nokia by 13.0% in the fourth quarter. Xponance LLC now owns 13,590 shares of the technology company’s stock worth $88,000 after purchasing an additional 1,567 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in Nokia by 12.1% in the first quarter. Assetmark Inc. now owns 14,704 shares of the technology company’s stock valued at $118,000 after purchasing an additional 1,591 shares during the period. 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.