Nokia Stock Forecast 2022
From the 16 March 2020 low of 2.083, the stock now trades at 5.019, representing a 140.9% increase. The price is now seeking to pivot off the middle trendline that connects the recent lows of 20 September 2021 to date. This move will attempt to breach the 5.756 multi-year top.
Similarly, What is Nokia stock future?
Nokia Corp – ADR (NOK) stock price prediction is 6.6714685483747 USD. The Nokia Corp – ADR stock forecast is 6.6714685483747 USD for 2023 April 15, Saturday; and 16.084 USD for 2027 April 15, Thursday.
Are Nokia shares worth buying? Stocks with « A » grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. One stock to keep an eye on is Nokia (NOK). NOK is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 13.79.
Thereof, Is NOK a buy hold or sell?
The median P/B ratio for stocks in the S&P is just over 3.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
What analysts say about Nokia stock?
NOK – Nokia Oyj
| Revenue Estimate | Current Qtr. (Dec 2021) | Next Year (2022) |
|---|---|---|
| No. of Analysts | 6 | 11 |
| Avg. Estimate | 7.5B | 26.61B |
| Low Estimate | 7.24B | 25.45B |
| High Estimate | 7.79B | 28.17B |
Will Nokia stock go up tomorrow?
If this Munafa value is near or nearing 100, then this stock might show an upward movement.
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Munafa value: 40 as on 08 Fri Apr 2022.
| Downside target | 5.3 |
|---|---|
| Upside target | 5.41 |
| Upside target | 5.43 |
| Upside target | 5.48 |
| Upside target | 5.51 |
Is Nokia a good stock to buy 2021?
But in 2021 5G has finally made Nokia a winner. The shares are up over 45%, having gone from $4 each to over $5.50 just since March. Whether the advance can continue into 2022 depends on CEO Pekka Lundmark, one of Europe’s best business diplomats.
How high is Nokia expected to go?
Nokia Oyj (NYSE:NOK)
The 26 analysts offering 12-month price forecasts for Nokia Oyj have a median target of 6.83, with a high estimate of 8.00 and a low estimate of 5.70. The median estimate represents a +27.23% increase from the last price of 5.37.
Does Nokia have a dividend?
Nokia also proposed a dividend, suspended since 2019, of 8 euro cents per share for 2021, and start a share buyback scheme of 600 million euros. Nokia predicted its 2022 revenue will amount to between 22.6 billion euros and 23.8 billion euros ($25.5 billion-$26.9 billion), up from 22.2 billion last year.
What is Nio price target?
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.94, with a high estimate of 86.57 and a low estimate of 24.08. The median estimate represents a +67.62% increase from the last price of 19.65.
What is the highest Nokia stock has ever been?
The all-time high Nokia stock closing price was 61.88 on June 19, 2000. The Nokia 52-week high stock price is 6.40, which is 21.9% above the current share price. The Nokia 52-week low stock price is 4.11, which is 21.7% below the current share price. The average Nokia stock price for the last 52 weeks is 5.56.
What is Nokia projected to?
The 26 analysts offering 12-month price forecasts for Nokia Oyj have a median target of 6.83, with a high estimate of 8.00 and a low estimate of 5.70. The median estimate represents a +27.23% increase from the last price of 5.37.
Could Nokia be a millionaire maker stock?
In the end, Nokia is unlikely to turn small investors into millionaires.
Is Nokia a long term stock?
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Why Nokia going down?
Nokia stock is likely to slump today following its latest financial report. Key to a meaningful recovery will be for Nokia to beat analyst expectations for its quarterly revenue and earnings per share (EPS), and to demonstrate that it is truly able to compete in the global 5G wireless market.
Is Nokia going to pay a dividend in 2021?
Nokia is proposing 0.08 euro dividend per share for 2021 and a share buyback of up to 600 million euros. Copyright 2022 The Associated Press. All rights reserved.
Will Nokia pay a dividend in 2022?
The Annual General Meeting decided on 5 April 2022 that no dividend is distributed by a resolution of the Annual General Meeting and authorized the Board of Directors to resolve in its discretion on the distribution of an aggregate maximum of EUR 0.08 per share as dividend from the retained earnings and/or as assets …
What was Nokia last dividend?
NOK Dividend History
| Ex/EFF DATE | TYPE | CASH AMOUNT |
|---|---|---|
| 05/22/2019 | CASH | $0.046 |
| 05/31/2018 | CASH | $0.196 |
| 05/24/2017 | CASH | $0.133 |
| 06/16/2016 | CASH | $0.203 |
Is Nio a good long term buy?
As per TipRanks’ analyst rating consensus, Nio is a Strong Buy. Out of 10 analyst ratings, there are 10 Buy recommendations. This stock has an average NIO price target of $60.86, implying an upside of 153.5%. Analyst price targets range from a high of $87 per share to a low of $34 per share.
Who owns the most Nio stock?
Top 10 Owners of NIO Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Baillie Gifford & Co. | 5.76% | 88,858,365 |
| BlackRock Fund Advisors | 2.60% | 40,093,147 |
| The Vanguard Group, Inc. | 2.40% | 36,994,474 |
| SSgA Funds Management, Inc. | 2.13% | 32,887,731 |
What is the future of Nio?
Amid stiff competition, Nio expects to double and refresh its lineup in 2022 with three new electric vehicles. It began deliveries of the ET7, its first electric sedan, March 28. Nio plans to launch the ET5 in September and the ES7, a five-seater electric SUV, before year end.
When did Nokia stock go public?
That was the biggest one-day percentage gain since it started trading in February 1991. Trading volume spiked up to 1.14 billion shares, also a record, and well above the full-day average of about 47.3 million shares.
When did Nokia peak?
Nokia is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange. It is the world’s 415th-largest company measured by 2016 revenues according to the Fortune Global 500, having peaked at 85th place in 2009.
How much was Nokia worth at its peak?
At its peak, Nokia was valued at $300bn, but when Microsoft sold it in 2016 to Finnish company HMD it went for a paltry £350m.” Microsoft bought Nokia’s mobile phone business, not Nokia itself.
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