NYSE: NOK
Nokia Oyj
Technology · Communication Equipment
After hours: $13.93(+0.92%) · as of 6:50 PM ET
Market Cap
$74.53B
52w High
$17.45
52w Low
$4.00
P/E
86.22
Volume
102.65M
Outstanding Shares
5.40B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 168.54% over the last year. Revenue grew 4.33% over the trailing twelve months. Operating margin moved from 5.93% to 4.1%. Free cash flow declined 25.52% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 93rd percentile of its historical P/FCF range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 4.1%) would need to stabilize or improve to justify the move. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
Nokia Oyj stands as a global technology leader, delivering comprehensive network infrastructure and solutions across mobile, fixed, and cloud domains.
Valuation
Stock splits
Every 1 shares became 4
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
32
Buy
15
Hold
5
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 23, 2026
Q3 FY26 · EPS est $0.07 · Revenue est $5.6B
View
Dividends
$0.05/shareAnnual3yr growth streakAdequateNOK pays a dividend with a 0.34% dividend yield, 3 consecutive years of growth, growing at 5.74% annually, covered 1.9× by free cash flow.
Dividend Yield
0.34%
Annual Div / Share
$0.05
TTM $0.14
5yr CAGR
+5.74%
Doubles every ~12.4yr
Payout Ratio
73.81%
Adequate
Dividend Growth Rate
3yr CAGR
+37.21%
5yr CAGR
+5.74%
10yr CAGR
+0.06%
Dividend History
Annual dividends paid per share
Income Projection
Today
$0/mo
In 5 yrs
$0/mo
In 10 yrs
$0/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$3/yr $0/mo | $5/yr+32% $0/mo | $6/yr+75% $0/mo |
Yield-on-cost grows from 0.34% → 0.6% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 1.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 5.74% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.