(NOK) Nokia - Overview
Exchange: NYSE •
Country: Finland •
Currency: USD •
Type: Common Stock •
ISIN: US6549022043
Stock: Network Infrastructure, Mobile Networks, Cloud Services, Patent Licensing
Total Rating 57
Risk 79
Buy Signal 0.02
| Risk 5d forecast | |
|---|---|
| Volatility | 41.5% |
| Relative Tail Risk | -17.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.00 |
| Alpha | 33.32 |
| Character TTM | |
|---|---|
| Beta | 0.676 |
| Beta Downside | 0.667 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.63% |
| CAGR/Max DD | 0.47 |
EPS (Earnings per Share)
Revenue
Description: NOK Nokia February 11, 2026
Nokia Oyj (NYSE:NOK) operates globally across four business segments-Network Infrastructure, Mobile Networks, Cloud & Network Services, and Nokia Technologies-providing fixed-line (fiber, copper, in-home Wi-Fi), IP routing, optical transport, 5G radio access, private-wireless, and cloud-native software solutions, while also monetising its extensive patent portfolio. Its customers span telecom operators, enterprise and government users, hyperscalers, and defense organizations.
Key recent metrics (Q4 2023 / FY 2023): revenue $5.6 billion (down 2 % YoY), adjusted EBITDA $1.1 billion, and net income $0.4 billion; 5G-related orders rose ~15 % YoY, driven by carrier upgrades in North America and Europe. The broader 5G equipment market is projected to grow at a 12 % CAGR to roughly $500 billion by 2027, while telecom-capex in emerging markets is expected to increase 8 % annually, providing a secular tailwind for Nokia’s addressable opportunity.
For a deeper dive into Nokia’s valuation and scenario analysis, you might explore the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 604.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.18 > 1.0 |
| NWC/Revenue: 30.28% < 20% (prev 32.28%; Δ -2.00% < -1%) |
| CFO/TA 0.06 > 3% & CFO 2.19b > Net Income 604.2m |
| Net Debt (-251.9m) to EBITDA (1.94b): -0.13 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (5.50b) vs 12m ago -0.53% < -2% |
| Gross Margin: 42.08% > 18% (prev 0.46%; Δ 4162 % > 0.5%) |
| Asset Turnover: 49.80% > 50% (prev 52.17%; Δ -2.37% > 0%) |
| Interest Coverage Ratio: 61.54 > 6 (EBITDA TTM 1.94b / Interest Expense TTM 14.0m) |
Altman Z'' 1.37
| A: 0.15 (Total Current Assets 15.79b - Total Current Liabilities 10.00b) / Total Assets 37.58b |
| B: 0.05 (Retained Earnings 1.86b / Total Assets 37.58b) |
| C: 0.02 (EBIT TTM 861.6m / Avg Total Assets 38.36b) |
| D: 0.05 (Book Value of Equity 830.6m / Total Liabilities 16.53b) |
| Altman-Z'' Score: 1.37 = BB |
Beneish M -2.94
| DSRI: 1.08 (Receivables 6.82b/6.74b, Revenue 19.10b/20.42b) |
| GMI: 1.09 (GM 42.08% / 45.73%) |
| AQI: 1.06 (AQ_t 0.51 / AQ_t-1 0.49) |
| SGI: 0.94 (Revenue 19.10b / 20.42b) |
| TATA: -0.04 (NI 604.2m - CFO 2.19b) / TA 37.58b) |
| Beneish M-Score: -2.94 (Cap -4..+1) = A |
What is the price of NOK shares?
As of February 16, 2026, the stock is trading at USD 7.03 with a total of 22,522,268 shares traded.
Over the past week, the price has changed by -2.09%, over one month by +6.77%, over three months by +5.97% and over the past year by +44.90%.
Over the past week, the price has changed by -2.09%, over one month by +6.77%, over three months by +5.97% and over the past year by +44.90%.
Is NOK a buy, sell or hold?
Nokia has received a consensus analysts rating of 3.55.
Therefor, it is recommend to hold NOK.
- StrongBuy: 2
- Buy: 3
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the NOK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 6.9 | -2.3% |
| Analysts Target Price | 6.9 | -2.3% |
| ValueRay Target Price | 7.6 | 8.5% |
NOK Fundamental Data Overview February 13, 2026
P/E Trailing = 56.4615
P/E Forward = 20.202
P/S = 2.0602
P/B = 1.6439
P/EG = 0.7269
Revenue TTM = 19.10b USD
EBIT TTM = 861.6m USD
EBITDA TTM = 1.94b USD
Long Term Debt = 2.33b USD (from longTermDebt, last quarter)
Short Term Debt = 1.29b USD (from shortTermDebt, last quarter)
Debt = 5.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -251.9m USD (from netDebt column, last quarter)
Enterprise Value = 40.72b USD (40.98b + Debt 5.21b - CCE 5.46b)
Interest Coverage Ratio = 61.54 (Ebit TTM 861.6m / Interest Expense TTM 14.0m)
EV/FCF = 26.28x (Enterprise Value 40.72b / FCF TTM 1.55b)
FCF Yield = 3.81% (FCF TTM 1.55b / Enterprise Value 40.72b)
FCF Margin = 8.11% (FCF TTM 1.55b / Revenue TTM 19.10b)
Net Margin = 3.16% (Net Income TTM 604.2m / Revenue TTM 19.10b)
Gross Margin = 42.08% ((Revenue TTM 19.10b - Cost of Revenue TTM 11.07b) / Revenue TTM)
Gross Margin QoQ = 39.96% (prev 43.70%)
Tobins Q-Ratio = 1.08 (Enterprise Value 40.72b / Total Assets 37.58b)
Interest Expense / Debt = 0.13% (Interest Expense 7.00m / Debt 5.21b)
Taxrate = 9.43% (53.1m / 562.9m)
NOPAT = 780.4m (EBIT 861.6m * (1 - 9.43%))
Current Ratio = 1.58 (Total Current Assets 15.79b / Total Current Liabilities 10.00b)
Debt / Equity = 0.25 (Debt 5.21b / totalStockholderEquity, last quarter 20.96b)
Debt / EBITDA = -0.13 (Net Debt -251.9m / EBITDA 1.94b)
Debt / FCF = -0.16 (Net Debt -251.9m / FCF TTM 1.55b)
Total Stockholder Equity = 20.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.57% (Net Income 604.2m / Total Assets 37.58b)
RoE = 2.98% (Net Income TTM 604.2m / Total Stockholder Equity 20.25b)
RoCE = 3.82% (EBIT 861.6m / Capital Employed (Equity 20.25b + L.T.Debt 2.33b))
RoIC = 3.33% (NOPAT 780.4m / Invested Capital 23.45b)
WACC = 7.47% (E(40.98b)/V(46.18b) * Re(8.40%) + D(5.21b)/V(46.18b) * Rd(0.13%) * (1-Tc(0.09)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.19%
[DCF Debug] Terminal Value 74.54% ; FCFF base≈1.76b ; Y1≈1.26b ; Y5≈684.7m
Fair Price DCF = 2.63 (EV 14.44b - Net Debt -251.9m = Equity 14.69b / Shares 5.58b; r=7.47% [WACC]; 5y FCF grow -33.40% → 2.90% )
EPS Correlation: -12.22 | EPS CAGR: 26.10% | SUE: 0.69 | # QB: 0
Revenue Correlation: -54.88 | Revenue CAGR: -0.04% | SUE: -0.51 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.05 | Chg30d=-0.010 | Revisions Net=+0 | Analysts=5
EPS current Year (2026-12-31): EPS=0.37 | Chg30d=-0.009 | Revisions Net=-4 | Growth EPS=+6.7% | Growth Revenue=+2.5%
EPS next Year (2027-12-31): EPS=0.44 | Chg30d=+0.014 | Revisions Net=+0 | Growth EPS=+18.6% | Growth Revenue=+3.9%
P/E Forward = 20.202
P/S = 2.0602
P/B = 1.6439
P/EG = 0.7269
Revenue TTM = 19.10b USD
EBIT TTM = 861.6m USD
EBITDA TTM = 1.94b USD
Long Term Debt = 2.33b USD (from longTermDebt, last quarter)
Short Term Debt = 1.29b USD (from shortTermDebt, last quarter)
Debt = 5.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -251.9m USD (from netDebt column, last quarter)
Enterprise Value = 40.72b USD (40.98b + Debt 5.21b - CCE 5.46b)
Interest Coverage Ratio = 61.54 (Ebit TTM 861.6m / Interest Expense TTM 14.0m)
EV/FCF = 26.28x (Enterprise Value 40.72b / FCF TTM 1.55b)
FCF Yield = 3.81% (FCF TTM 1.55b / Enterprise Value 40.72b)
FCF Margin = 8.11% (FCF TTM 1.55b / Revenue TTM 19.10b)
Net Margin = 3.16% (Net Income TTM 604.2m / Revenue TTM 19.10b)
Gross Margin = 42.08% ((Revenue TTM 19.10b - Cost of Revenue TTM 11.07b) / Revenue TTM)
Gross Margin QoQ = 39.96% (prev 43.70%)
Tobins Q-Ratio = 1.08 (Enterprise Value 40.72b / Total Assets 37.58b)
Interest Expense / Debt = 0.13% (Interest Expense 7.00m / Debt 5.21b)
Taxrate = 9.43% (53.1m / 562.9m)
NOPAT = 780.4m (EBIT 861.6m * (1 - 9.43%))
Current Ratio = 1.58 (Total Current Assets 15.79b / Total Current Liabilities 10.00b)
Debt / Equity = 0.25 (Debt 5.21b / totalStockholderEquity, last quarter 20.96b)
Debt / EBITDA = -0.13 (Net Debt -251.9m / EBITDA 1.94b)
Debt / FCF = -0.16 (Net Debt -251.9m / FCF TTM 1.55b)
Total Stockholder Equity = 20.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.57% (Net Income 604.2m / Total Assets 37.58b)
RoE = 2.98% (Net Income TTM 604.2m / Total Stockholder Equity 20.25b)
RoCE = 3.82% (EBIT 861.6m / Capital Employed (Equity 20.25b + L.T.Debt 2.33b))
RoIC = 3.33% (NOPAT 780.4m / Invested Capital 23.45b)
WACC = 7.47% (E(40.98b)/V(46.18b) * Re(8.40%) + D(5.21b)/V(46.18b) * Rd(0.13%) * (1-Tc(0.09)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.19%
[DCF Debug] Terminal Value 74.54% ; FCFF base≈1.76b ; Y1≈1.26b ; Y5≈684.7m
Fair Price DCF = 2.63 (EV 14.44b - Net Debt -251.9m = Equity 14.69b / Shares 5.58b; r=7.47% [WACC]; 5y FCF grow -33.40% → 2.90% )
EPS Correlation: -12.22 | EPS CAGR: 26.10% | SUE: 0.69 | # QB: 0
Revenue Correlation: -54.88 | Revenue CAGR: -0.04% | SUE: -0.51 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.05 | Chg30d=-0.010 | Revisions Net=+0 | Analysts=5
EPS current Year (2026-12-31): EPS=0.37 | Chg30d=-0.009 | Revisions Net=-4 | Growth EPS=+6.7% | Growth Revenue=+2.5%
EPS next Year (2027-12-31): EPS=0.44 | Chg30d=+0.014 | Revisions Net=+0 | Growth EPS=+18.6% | Growth Revenue=+3.9%