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NOKNokia Corporation SponsoredSell4.9·$9.26+10.11%
SellModerate Confidence
Investment thesis

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 ConsensusImproving
  • Perfect Piotroski Financial HealthStable
  • Exceptional Cash ConversionStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Nokia Corporation Sponsored (NOK) Stock Analysis

SellShortModerate Confidence

Technology · Communication Equipment

Sell if holding. Momentum 3.2/10 is below the 5.0 floor at $9.26 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Weak overall score: 4.9/10; Weak growth.

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

$9.26+43.8% A.UpsideScore 4.9/10#20 of 25 Communication Equipment
QualityF-score8 / 9FCF yield2.52%
IncomeYield1.82%(5y avg 3.50%)Payout117.50%at-risk
Stop $8.45Target $13.07(analyst − 13%)A.R:R 3.0:1
Analyst target$15.02+62.2%9 analysts
$13.07our TP
$9.26price
$15.02mean
$21

Sell if holding. Momentum 3.2/10 is below the 5.0 floor at $9.26 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Weak overall score: 4.9/10; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.9/10, moderate confidence.

Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 84d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-31
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Oct 22, 202684d to earnings· next earnings call

Thesis

Rewards
Analyst upside: 44%
Risks
Weak overall score: 4.9/10
Weak growth
Negative momentum

Key Metrics

P/E (TTM)64.7
P/E (Fwd)17.1
Mkt Cap$46.9B
EV/EBITDA17.4
Profit Mgn3.5%
ROE3.5%
Rev Growth8.4%
Beta0.79
Dividend1.82%
Rating analysts35

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C2.16bearish
IV79%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
0.0
Revenue Growth
4.6

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
1.2
Ma Position
2.2
Rsi
3.0
Volume
3.9
Obv
5.7
Capitulation risk (RSI 23, below 200MA)Below 200-MA but MA still rising (+13.0%/30d) — pullback in uptrend, not confirmed weakness
GatesMomentum 3.2<4.5A.R:R 3.0 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 84d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Speculative
RSI
23 · Oversold
20D MA 50D MA 200D MAGOLDEN CROSSSupport $8.37Resistance $13.10

Price Targets

$8
$13
A.Upside+43.8%
A.R:R3.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 3.2 (below the engine's 4.5 threshold)

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-10-22 (84d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is NOK stock a buy right now?

Sell if holding. Momentum 3.2/10 is below the 5.0 floor at $9.26 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Weak overall score: 4.9/10; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $8.45. Score 4.9/10, moderate confidence.

What is the NOK stock price target?

Take-profit target: $13.07 (+43.8% upside). Prior stop was $8.45. Stop-loss: $8.45.

What are the risks of investing in NOK?

Weak overall score: 4.9/10; Weak growth; Negative momentum.

Is NOK overvalued or undervalued?

Nokia Corporation Sponsored trades at a P/E of 64.7 (forward 17.1). TrendMatrix value score: 6.4/10. Verdict: Sell.

What do analysts say about NOK?

35 analysts cover NOK with a consensus score of 3.4/5. Average price target: $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 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.

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