As of April 15th, there was short interest totalling 44,453,559 shares, an increase of 11.6% from the March 29th total of 50,280,319 shares. Members might construe that as a soft nudge to toe the line. Find real-time NOK - Nokia Oyj stock quotes, company profile, news and forecasts from CNN Business. The U.S. and the U.K. banned Huawei from their 5G networks already. So, Nokia’s market capitalization declined by roughly 40% under Suri’s tenure. Lundmark was with Nokia from 1990 to 2000 and went on to executive roles in other businesses. Nokia is well-entrenched in this battle. On January 19 at 4 p.m. During the day the stock fluctuated 1.55% from a day low at $3.87 to a day high of $3.93. Discover an intuitive range of Nokia products, from phones and headphones to WiFi and Smart TVs. ... Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Nokia Corporation () Stock Market info Recommendations: Buy or sell Nokia stock? Nokia is an innovative global leader in 5G, networks and phones. Despite glaring weaknesses, the Finnish telecom company finds itself in position to dominate as 5G networks get built out. Yet the company has positioned itself to capitalize on the political environment. All rights reserved. In addition, one analyst has a high price target of $6.30 per share or 56% above the present price. For example, TipRanks.com reports that six analysts have price targets on the stock higher than today. The company has just welcomed a new CEO in Pekka Lundmark. But, as I wrote last month, Nokia stock is still seriously undervalued. This kind of performance attracts suitors who think they can do better. In effect, they may be willing to accept any kind of takeover offer that would undervalue the stock. The company has promised its shareholders that if it does so, it will consider restoring the dividend again. They see Baidu EPS growing 10% in all of 2020, then jumping 21.7% in 2021. 1125 N. Charles St, Baltimore, MD 21201. This is based on a poll of 13 analysts. 1125 N. Charles St, Baltimore, MD 21201. ... and a bulleted list of reasons to buy or sell the stock. For example, the stock market value at EUR 24 billion is essentially the same as it was in 2013. Instead, it excluded China from its global 4G/5G mobile radio market share projections for 2020, which are expected to hold steady year-over-year at 27%. On the date of publication, Mark R. Hake did not have (either directly or indirectly) any positions in any of the securities mentioned in this article. All rights reserved. The average of their price forecasts is $5.31 per share or 32% more. quotes delayed at least 15 minutes, all others at least 20 minutes. The company reported a Q2 year-over-year 21% increase in net profits despite an 11% drop in sales. Numerous factors will shape the 5G land grab as it plays out over the coming decade. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Nokia share forecasts, stock quote and buy / sell signals below.According to present data Nokia's NOKBF shares and potentially its market environment have been in bearish cycle last 12 months (if exists). ... Read about the true grit of the telecom industry in 2020. For example, based on a poll of analysts by Seeking Alpha, Nokia stock is trading for just 14 times 2020 earnings and 11 times 2021 forecast earnings. Nokia Oyj trades on the New York Stock Exchange (NYSE) under the ticker symbol \"NOK.\" Nokia Oyj saw a increase in short interest during the month of April. S&P 500 3,799.61 (-0.66 ... Buy Sell: Low: 10/30/2020: Exane BNP Paribas: Upgrade: Underperform Neutral: Low: 10/30/2020: Bank of America: Downgrade: Buy Neutral: Low: 10/2/2020: ... MarketBeat does not … That represents an increase of just 14.1% for Nokia stock. Nokia Corp. (NOK Stock Report) UTStarcom Holdings Corp. (UTSI Stock Report) Globalstar Inc. (GSAT Stock Report) Vislink Technologies Inc. (VISL Stock Report) 5G Penny Stocks to Buy [or avoid]: Nokia Corp. Nokia Corp. is a company that has been in the tech industry for many years at this point. Nasdaq Analyst Ratings for Nokia Corp (NOK) provide recommendations made by outside industry experts. Since the start of November, FCEL stock has been on the rise. That, combined with undercurrents that Huawei simply must not be allowed to win, could make Nokia a massive 5G winner. 1125 N. Charles St, Baltimore, MD 21201. See how we create the technology to connect the world. Their goal is to make at least $1.5 billion in FCF this year and build the cash balance back up. Nokia Corp. (NYSE: NOK) had some wild ups and downs in 2020. Nokia Corp. ADR analyst estimates, including NOK earnings per share estimates and analyst recommendations. During that time, the penny stock’s managed to climb over 20% with strong volume helping drive momentum. Yet, it is also going to publish a report on the decisions of the individual member states regarding Huawei equipment. While leading, Nokia is becoming more efficient with capital. After hitting a high of $57 back in 2000, … That may be what is keeping Nokia stock so cheap. Buy Comeback-Bound Nokia on This Dip Investors punished Nokia after Verizon signed a deal with Samsung By Chris Lau , InvestorPlace Contributor Sep 21, 2020, 12:26 pm EST September 21, 2020 He is apparently conducting a thorough review of the company’s assets and strategy. This is important to potential Nokia investors as rhetoric ratchets up. Get Emi Offers, Cash On Delivery on Eligible Purchases. Nokia is central to the 5G in regard to the trade war between the U.S. and China. However, any merger talks which align it with American companies make it a buy. For one, the new CEO just started his position on Sept. 1. His ability to make deals is going to be central to his tenure. Discover our new, award-winning 2020 range of Android smartphones, plus mobile phones and accessories. Updating its financial guidance through the end of the year, Nokia now projects that it will end fiscal 2020 with profits of somewhere between 20 and 26 euro cents ($0.23 to $0.30). And for all intents and purposes, Nokia is a U.S. brand in the U.S.-China trade war. Copyright © , and has now gained 4 days in a row.It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. Lundmark was with Nokia from 1990 to 2000 and went on to executive roles in other businesses. Real time Nokia (NOK) stock price quote, stock graph, news & analysis. However, the problem is Nokia stock has gone nowhere. Nokia Corporation (NYSE:NOK) traded at $4.78 at last check on 9/1/2020, making a downturn move of -2.35% on its previous day’s price. the company has positioned itself to capitalize on the political environment. Year-to-date it is up just 8.9% as of Oct. 9 and is down 18% over the past year. Approximately 0.8% of the company's stock are sold short. Nokia Oyj's stock i… China responded by saying that it may prevent Nokia and Ericsson from exporting its Chinese-made products abroad. However, Marketbeat.com reports that the consensus price target of analysts is $4.60 per share. Further, news that Nokia can or has jumped ahead its rivals in 5G contract signings would make it a buy. In my last article, I argued that Nokia stock was worth $6.74 per share. It now has 100 commercial 5G deals and listed a number of other major accomplishments in its press release. Those opinions are generally a reflection of the ideas above. It’s price currently rose up to 5.080 USD and also has a good stock return. What predictions are top-rated research analysts making about Nokia (NYSE:NOK)? Under former CEO Rajeev Suri the company saw its stock value decline. Nasdaq Copyright © 2021 InvestorPlace Media, LLC. Article printed from InvestorPlace Media, https://investorplace.com/2020/08/dont-buy-nokia-stock-yet-but-watch-for-these-catalysts/. 5G Penny Stocks To Watch For November 2020. Unless something changes, expect to hear more about a potential takeover of Nokia stock. Nokia Mobile Phones : Shop For Nokia Mobiles online At Best Prices In India At Amazon.in. View Nokia Oyj's Current Options Chain. Any number of telecom or private equity companies might be convinced that they can produce much better earnings through synergies and consolidation that Nokia. 4 Large-Cap Stocks to Buy by Year’s End Dec. 16, 2020 at 2:21 p.m. The company has a 12-month trailing PE ratio of 37.12. ... Stocks To Buy: Is It Time To Buy Or Sell These Large-Cap Stocks? Stock analysis for Nokia Oyj (NOKIA:Helsinki) including stock price, stock chart, company news, key statistics, fundamentals and company profile. A technical analysis also showed that it will become a profitable investment option for the upcoming years. Don’t Buy Nokia Stock Yet, But Watch For These Catalysts. Nokia’s fate will be inextricably intertwined with that of Huawei and Ericsson over the coming years. Nokia (NYSE:NOK) has a new CEO and seems to be digging itself out of its poor technological and financial situation. Analyst Ratings for Nokia Corp (NOK) provide recommendations made by outside industry experts. Well, according to various forecast, nokia stock will be indeed a great long-term investment. The EU published recommendations for member states stating each country could choose whether to prohibit Huawei on its own. Beijing caveated this by stating it will do so only if the EU is tough on Huawei regarding 5G bans. ... Visit our newsroom to see our latest news, media and stock exchange releases, blogs, and live and … In fact, Gartner projects that worldwide sales of 5G kits will hit $4.2 billion in 2020 —an increase of 89% from 2019. NOK shares traded around $4.50 upon his exit. Looking at the stock we see that its previous close was $4.9 and the beta (5Y monthly) reads 0.54 with the day’s price range being $4.7400 – 4.8500. Buy or Sell: Stock ideas by experts for January 11, 2021 Stocks in focus: Sun Pharma, HDFC , Bajaj Finance and more ITAT relief for Tata trusts; tax tribunal says Mistry's claims 'doubtful' It also leaves the company open to a takeover. The high price in the group was $6 per share. The FT believes that Nokia is “vulnerable to attack” as either activists or a takeover offer could be possible. Nokia is based in Finland. Should I buy Nokia Corporation (NOK)? Nokia (NYSE:NOK) stock is well-positioned in the 5G race that has worldwide political implications. 1125 N. Charles St, Baltimore, MD 21201. ... Is Nokia a 5G Stock to Buy in 2021? A number of analysts agree with my contention that Nokia stock is worth a good deal more. ... Mobiles Prime New Releases Customer Service Fashion Amazon Pay Electronics Gift Ideas Computers Home & Kitchen Gift Cards Books Sell Toys & Games Beauty & Personal Care Car & Motorbike Grocery & Gourmet Foods Baby Sports, Fitness & … 2021 InvestorPlace Media, LLC. Is Nokia Corporation stock a buy or sell? It may not actually be that easy for a contested takeover of one of the country’s leading technology companies and employers. Nokia stock (ticker: NOKIA.HEL) is up 6.1% and Ericsson stock (ERIC) is up 4.2%. The price has risen in 5 of the last 10 days, but is still down by -2.01% for this period. While leading Fortum, its stock rose. Use the Zacks Rank and Style Scores to find out is NOK is right for your portfolio. Those 31 analysts predominantly rate it a buy (17) or a hold (11). Whether future mergers make it a U.S. giant remains to be seen. Shareholders might even be willing to accept a lower price, or just 30% more than today if management does not show it is able to take care of them. ET, the man who recommended Google before anyone else will reveal his #1 stock pick for 2021 — for FREE — ticker symbol and all — in a special presentation. In any case, China knows what Nokia truly represents. Copyright © 2021 InvestorPlace Media, LLC. Technology for life. Lundmark is experienced in business development and strategy which should serve the company well given its environment. But as you are probably aware, it wasn't alone. If you had bought EUR€1,000 worth of Nokia Corporation shares at the start of February 2020, those shares would have been worth EUR€698.59 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth EUR€962.11. Mark Hake runs the Total Yield Value Guide which you can review here. Check prices, specs, and shop direct at the Nokia Phones store UK. All rights reserved. If he can maneuver Nokia into a position that leverages political narratives the company can again be what it once was. Nokia's stock was recently jolted by rumors of a hostile takeover. ... 2020; Looking For The Best Stocks To Buy For 2021? Green day on Thursday for Fabrinet stock after gaining 1.44% (Updated on January 07, 2021) Buy or Hold candidate since 2020-11-30 Gain 21.50% PDF . For example, Nokia recently claimed that it signed up 17 new 5G clients in Q3. View NOK's most recent analyst ratings, analyst estimates and price targets at MarketBeat. On competitive merits alone, Nokia stands little chance against Swedish rival Ericsson (NASDAQ:ERIC) or Chinese giant Huawei. As of this writing, Alex Sirois did not own shares of any stocks mentioned above. The Fabrinet stock price gained 1.44% on the last trading day (Thursday, 7th Jan 2021), rising from $81.82 to $83.00. Despite glaring weaknesses, the Finnish telecom company finds itself in position to dominate as 5G networks get built out. ET on InvestorPlace.com Nokia (NOK) Wins Nationwide 5G Deal From Proximus Luxembourg Nokia Corporation performance over time; Is Nokia Corporation suitable for ethical investing? Nokia is betting that he can use those same skills to navigate the 5G competition. They chose Nokia over Huawei, its main Chinese competitor due to security concerns with the latter company. ET, the man who recommended Google before anyone else will reveal his #1 stock pick for 2021 — for FREE — ticker symbol and all — in a special presentation. The S&P 500 knocked off as much as 27% in the big COVID-19 crash. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. I believe Nokia stock is a hold for now. In fact, BT in the UK and a number of Asian telecom companies have signed up with Nokia for its 5G telecom systems. That seems a bit unlikely at this point. Penny Stocks To Buy [or sell]: FuelCell Energy Inc. Another energy technology stock to keep an eye on is FuelCell Energy Inc. (FCEL Stock Report). Futures and Forex: 10 or 15 minute delay, CT. ... (which calculate the Buy/Sell rating using a variety of short … So far, the stock price does not reflect this. For example, based on a poll of analysts by Seeking Alpha, Nokia stock is trading for just 14 times 2020 earnings and 11 times 2021 forecast earnings. Volume reflects consolidated markets. As I discussed in my article on Nokia stock on Aug. 5, management is very focused on producing free cash flow (FCF) positive. quotes delayed at least 15 minutes, all others at least 20 minutes. On January 19 at 4 p.m. Bank of America has a Buy rating and $3.81 price target for MFG stock. Copyright © 2021 InvestorPlace Media, LLC. Buy or Sell: Stock ideas by experts for January 11, 2021 Stocks in focus: Sun Pharma, HDFC , Bajaj Finance and more ITAT relief for Tata trusts; tax tribunal says Mistry's claims 'doubtful' Based on an average daily volume of 17,095,887 shares, the short-interest ratio is presently 2.6 days. Currently there seems to be a trend … They don’t know whether the new CEO will work out, or whether the dividend will be restored. Therefore, the only way a merger or acquisition would likely occur would be if management concurred. That kind of performance does not make it seem like a winner. Investors in the stock are not sure what is going on with the company. The company has been winning lots of telecom supply deals recently. In these early days of 5G though, Nokia may be a stock to consider simply because prices are low. Best Chinese Stocks To Buy And Watch. Investors in the stock hope that they will see major changes and good earnings for the second half of the year. Nokia’s new CEO seems to be more media savvy than its previous one. All rights reserved. This is due to an expected long term increase for around 5 years. Don’t Buy Nokia Stock Yet, But Watch For These Catalysts Under new leadership and making headway, NOK shares have potential By Alex Sirois Aug 13, 2020, 1:32 pm EST August 13, 2020 Article printed from InvestorPlace Media, https://investorplace.com/2020/10/nokia-stock-is-worth-60-more-in-a-takeover-deal/. The analysts who cover Nokia stock for The Wall Street Journal are generally positive. Nokia may just be worth investor speculation even at this early stage. The Nokia Corporation stock price gained 0.51% on the last trading day (Thursday, 31st Dec 2020), rising from $3.89 to $3.91. If you own to now, there’s no reason to sell. The company reported a Q2 year-over-year, The 10 Top Stocks to Buy and Hold Into 2021, 17 Stocks to Buy to Play the Shift to Transportation 2.0, The Dip Is an Opportunity: Ethereum Will Reach New Highs, Matt McCall and the InvestorPlace Research Staff, Beyond Meat’s Partnership With Taco Bell Underscores Why BYND Stock Is a Buy, 7 Stocks That Could Make You a Millionaire, CCIV Stock: 14 Air EV Facts to Know Ahead of Lucid Motors SPAC Merger, VDRM Stock: 13 Things to Know as Penny Stock ViaDerma Rockets 1,000%, GE Stock Is Poised for a Major Turnaround, 10 Best Stocks To Buy On The Nasdaq Right Now. So, should Nokia be able to increase capital efficiency while garnering more sales the future looks good. Nokia Is Worth At Least 60% More In a Potential Takeover, 7 Value Stocks to Buy That Are Outperforming Growth Plays, price target of analysts is $4.60 per share, 17 Stocks to Buy to Play the Shift to Transportation 2.0, The Dip Is an Opportunity: Ethereum Will Reach New Highs, Matt McCall and the InvestorPlace Research Staff, Beyond Meat’s Partnership With Taco Bell Underscores Why BYND Stock Is a Buy, 7 Stocks That Could Make You a Millionaire, CCIV Stock: 14 Air EV Facts to Know Ahead of Lucid Motors SPAC Merger, VDRM Stock: 13 Things to Know as Penny Stock ViaDerma Rockets 1,000%, GE Stock Is Poised for a Major Turnaround, 10 Best Stocks To Buy On The Nasdaq Right Now. Since it is trading around just $4, that means it’s worth at least 67% more. In May 2014 when Suri took over stock traded in the mid-$7 range. On competitive merits alone, Nokia stands little chance against Swedish rival. However, the 5G revolution should provide increased sales over the coming years. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Nokia is becoming more efficient with capital. ... Is it a … He may end up selling some of the assets that would be otherwise rationalized in a takeover. The company will remain front and center as this plays out. But what if management does not restore the dividend?