Why Nokia Oyj’s (NOK) Stock Is Down 10.63%

By Tudor Pop
April 29, 2026
Featured Tickers:
NOK

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Nokia Oyj before investing.

In this article, we go over a few key elements for understanding Nokia Oyj’s stock price such as:

  • Nokia Oyj’s current stock price and volume
  • Why Nokia Oyj’s stock price changed recently
  • Upgrades and downgrades for NOK from analysts
  • NOK’s stock price momentum as measured by its relative strength

About Nokia Oyj (NOK)

Before we jump into Nokia Oyj’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper technologies, access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP network solutions, which delivers IP edge routing and data center networking solutions for residential, mobile, enterprise, and cloud applications; and optical networks solutions, which provides optical transport networks for metro, regional, and long-haul applications. It also provides mobile technology products and services for radio access networks and microwave radio links for transport networks; and network management solutions, as well as network planning, optimization, network deployment, and technical support services. In addition, the company offers cloud and network services, including open, secure, automated, and scalable software and solutions; and 5G core, secure autonomous networks, private wireless and industrial edge, and network APIs. Further, it licenses intellectual property, including patents, technologies, and the Nokia brand. The company serves its products and services to defense communications energy and resources, enterprise and industrial campus, private networks, public sector, and transportation industries. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.

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Nokia Oyj’s Stock Price as of Market Close

As of April 29, 2026, 10:33 AM, CST, Nokia Oyj’s stock price was $11.855.

Nokia Oyj is up 4.91% from its previous closing price of $11.300.

During the last market session, Nokia Oyj’s stock traded between $11.580 and $11.900. Currently, there are approximately 6,444.83 million shares outstanding for Nokia Oyj.

Nokia Oyj’s price-earnings (P/E) ratio is currently at 70.6, which is high compared to the Communications Equipment industry median of 41.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Nokia Oyj Stock Price History

Nokia Oyj’s (NOK) price is currently up 47.45% so far this month.

During the month of April, Nokia Oyj’s stock price has reached a high of $11.900 and a low of $8.070.

Over the last year, Nokia Oyj has hit prices as high as $11.305 and as low as $4.000. Year to date, Nokia Oyj’s stock is up 83.23%.

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What Caused Nokia Oyj Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 28, 2026, there were 0 analysts who downgraded Nokia Oyj’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Nokia Oyj’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Nokia Oyj’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Nokia Oyj’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Nokia Oyj (NOK) by visiting AAII Stock Evaluator.

Relative Price Strength of Nokia Oyj

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 28, 2026, Nokia Oyj has a weighted four-quarter relative price strength of 28.88%, which translates to a Momentum Score of 94 and is considered to be Very Strong.

Want to learn more about how Nokia Oyj is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Nokia Oyj Stock Price: Bottom Line

As of April 29, 2026, Nokia Oyj’s stock price is $11.855, which is up 4.91% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Nokia Oyj stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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