Nokia Oyj's stock rose by 5.03% and reached a 5-day high, reflecting positive market conditions.
On January 14, 2026, multiple executives at Nokia received share-based incentives, including Esa Niinimäki with 28,784 shares, David Heard with 81,230 shares, and CFO Marco Wirén with 35,987 shares. These transactions, while not involving cash flow, indicate the company's commitment to aligning executive interests with long-term performance and enhancing investor trust through transparency and compliance with regulations. The share transfers are part of Nokia's strategy to motivate its management team and improve corporate governance, which may positively influence market perceptions of the stock.
This series of executive share incentives highlights Nokia's focus on innovation and performance in the connectivity sector, particularly as it advances its strategy for the AI era. The market's positive reaction to these developments suggests that investors are optimistic about Nokia's future prospects.
Wall Street analysts forecast NOK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOK is 7.36 USD with a low forecast of 6.50 USD and a high forecast of 8.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast NOK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOK is 7.36 USD with a low forecast of 6.50 USD and a high forecast of 8.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 6.820
Low
6.50
Averages
7.36
High
8.50
Current: 6.820
Low
6.50
Averages
7.36
High
8.50
Citi
NULL -> Sell
downgrade
2026-01-23
Reason
Citi
Price Target
AI Analysis
2026-01-23
downgrade
NULL -> Sell
Reason
Citi raised the firm's price target on Nokia to EUR 4.65 from EUR 3.90 and keeps a Sell rating on the shares.
Kepler Cheuvreux
Hold
to
Buy
upgrade
2026-01-07
Reason
Kepler Cheuvreux
Price Target
2026-01-07
upgrade
Hold
to
Buy
Reason
Kepler Cheuvreux upgraded Nokia to Buy from Hold.
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Danske Bank
Sami Sarkamies
Hold
to
Buy
upgrade
$6.50
2025-11-21
Reason
Danske Bank
Sami Sarkamies
Price Target
$6.50
2025-11-21
upgrade
Hold
to
Buy
Reason
Danske Bank analyst Sami Sarkamies upgraded Nokia to Buy from Hold with a EUR 6.50 price target. The firm sees a positive risk/reward into the company's Q4 report on January 29. Nokia offers a "compelling AI-linked equity for years to come," the analyst tells investors in a research note.
SEB Equities
Hold
to
Buy
upgrade
€6
2025-11-20
Reason
SEB Equities
Price Target
€6
2025-11-20
upgrade
Hold
to
Buy
Reason
SEB Equities upgraded Nokia to Buy from Hold with a EUR 6 price target.
About NOK
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience. The Company has Comptel Oyj among its subsidiaries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.