Nokia (NYSE:NOK) Stock Price Down 4.9% – Should You Sell?

27 May 2026, 17:38 by Teresa Graham · The Cerbat Gem

Nokia Corporation (NYSE:NOK – Get Free Report) traded down 4.9% during mid-day trading on Wednesday . The company traded as low as $15.54 and last traded at $15.6590. 121,897,387 shares changed hands during mid-day trading, an increase of 72% from the average session volume of 70,927,516 shares. The stock had previously closed at $16.46.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Wall Street Zen lowered Nokia from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Arete Research upgraded shares of Nokia from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Santander upgraded shares of Nokia from a “neutral” rating to an “outperform” rating in a research note on Monday, February 2nd. Nordea Equity Research upgraded shares of Nokia from a “hold” rating to a “buy” rating in a research note on Friday, April 24th. Finally, Barclays restated an “underweight” rating on shares of Nokia in a research note on Wednesday, April 29th. Twelve analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $9.71.

Check Out Our Latest Report on NOK

Nokia Trading Down 4.9%

The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 1.36. The business’s 50 day moving average is $10.91 and its 200 day moving average is $8.24. The stock has a market cap of $89.92 billion, a price-to-earnings ratio of 97.87, a P/E/G ratio of 3.06 and a beta of 1.12.

Nokia (NYSE:NOK – Get Free Report) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.06 EPS for the quarter. The firm had revenue of $5.21 billion during the quarter. Nokia had a net margin of 4.02% and a return on equity of 9.22%. As a group, equities analysts expect that Nokia Corporation will post 0.39 earnings per share for the current fiscal year.

Nokia Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 12th. Investors of record on Tuesday, April 28th were paid a dividend of $0.0468 per share. The ex-dividend date was Tuesday, April 28th. This is an increase from Nokia’s previous quarterly dividend of $0.04. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.2%. Nokia’s payout ratio is presently 75.00%.

Hedge Funds Weigh In On Nokia

A number of institutional investors and hedge funds have recently modified their holdings of the company. Pzena Investment Management LLC grew its stake in shares of Nokia by 14.5% during the fourth quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock worth $594,868,000 after purchasing an additional 11,612,590 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Nokia by 9.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 47,321,058 shares of the technology company’s stock valued at $306,167,000 after acquiring an additional 3,896,363 shares in the last quarter. ARGA Investment Management LP boosted its stake in Nokia by 166.4% in the first quarter. ARGA Investment Management LP now owns 20,388,202 shares of the technology company’s stock valued at $163,921,000 after acquiring an additional 12,734,021 shares in the last quarter. Alyeska Investment Group L.P. boosted its stake in Nokia by 171.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 17,490,101 shares of the technology company’s stock valued at $113,161,000 after acquiring an additional 11,035,002 shares in the last quarter. Finally, Folketrygdfondet boosted its stake in Nokia by 66.6% in the third quarter. Folketrygdfondet now owns 17,380,530 shares of the technology company’s stock valued at $83,600,000 after acquiring an additional 6,950,487 shares in the last quarter. Institutional investors and hedge funds own 5.28% of the company’s stock.

About Nokia

(Get Free Report)

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.