Nokia's Stock Declines Amid Analyst Concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2025
0mins
Should l Buy NOK?
Source: TipRanks
Nokia's shares fell 5.04% as it crossed below the 5-day SMA, reflecting investor concerns following a recent decline in profit guidance.
Despite being rated as a Strong Buy by IWA Research, Nokia's recent Q4 results showed a slight earnings beat but also revealed a 2% year-over-year decline in Mobile Networks sales, leading to a softer profit outlook for 2026. This mixed sentiment among analysts, including a Hold rating from Seeking Alpha, has contributed to the stock's downward movement.
The implications of this decline suggest that while Nokia has strong growth potential in areas like AI and 6G, the immediate market reaction indicates caution among investors, particularly in light of the company's guidance and recent performance.
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Analyst Views on NOK
Wall Street analysts forecast NOK stock price to rise
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 7.300
Low
6.50
Averages
7.36
High
8.50
Current: 7.300
Low
6.50
Averages
7.36
High
8.50
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.
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- Share Transfer: On February 10, Nokia announced the transfer of 2,622,652 shares to participants in its equity-based incentive plans, which relates to a board resolution from October 2, 2025, indicating the company's ongoing commitment to employee incentives.
- Shareholding Status: Following the share transfer, Nokia retains 139,291,855 of its own shares, demonstrating a robust capital management strategy aimed at enhancing shareholder value and market confidence.
See More
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- Stock Decline: Nokia's shares fell 1.18% to $7.10 after a seven-day rally, indicating market concerns over its future profit outlook despite a prior gain of over 14.15% during that period.
- Performance Results: The company reported a slight beat in Q4 results, yet issued softer profit guidance for 2026, with Mobile Networks sales declining 2% year-over-year to €2.5 billion, which has negatively impacted investor sentiment.
- Analyst Ratings: Seeking Alpha's Quant rating gives Nokia a Hold rating with a score of 3.11, reflecting mixed market views on its profitability and growth potential, particularly highlighted by its F rating for growth.
- Market Outlook: Despite cyclical telecom spending risks and execution challenges in new markets, IWA Research rates Nokia as a Strong Buy, citing significant undervaluation and robust financials, particularly in high-growth areas like AI, defense, and 6G, underscoring its strong balance sheet and aggressive growth focus.
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- Market Reaction: At the time of the announcement, Alphabet's shares rose by 0.81% to $325.71, indicating a preliminary market response to the debt plan, though the long-term impact remains to be seen.
- AI Warning Context: Burry's concerns extend beyond Alphabet's debt issues, as he also expresses worries about the company's investments in artificial intelligence, suggesting that it may face broader market challenges.
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