Nokia (NYSE:NOK) Trading Down 5.3% – Here’s Why

Posted by Brenda Bartman on May 12th, 2026

Nokia Corporation (NYSE:NOK – Get Free Report) shares traded down 5.3% during trading on Tuesday . The company traded as low as $12.83 and last traded at $13.1850. 103,001,569 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 65,940,313 shares. The stock had previously closed at $13.92.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Northland Securities set a $13.00 price objective on Nokia in a report on Monday, April 20th. Arete Research raised Nokia from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. Santander raised Nokia from a “neutral” rating to an “outperform” rating in a research report on Monday, February 2nd. Barclays reissued an “underweight” rating on shares of Nokia in a research report on Wednesday, April 29th. Finally, The Goldman Sachs Group raised Nokia from a “sell” rating to a “neutral” rating in a research report on Monday, March 30th. Twelve equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $9.71.

Read Our Latest Analysis on NOK

Nokia Trading Down 5.3%

The stock has a market capitalization of $75.71 billion, a price-to-earnings ratio of 82.41, a PEG ratio of 2.48 and a beta of 1.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.36 and a current ratio of 1.58. The business has a 50-day moving average of $9.49 and a 200-day moving average of $7.65.

Nokia (NYSE:NOK – Get Free Report) last announced its earnings results on Tuesday, March 31st. The technology company reported $0.06 earnings per share (EPS) for the quarter. Nokia had a return on equity of 9.22% and a net margin of 4.02%.The firm had revenue of $5.21 billion during the quarter. As a group, research analysts forecast that Nokia Corporation will post 0.4 EPS for the current year.

Nokia Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 12th. Shareholders of record on Tuesday, April 28th will be given a dividend of $0.0468 per share. This represents a $0.19 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, April 28th. This is a positive change from Nokia’s previous quarterly dividend of $0.04. Nokia’s payout ratio is 81.25%.

Institutional Trading of Nokia

A number of hedge funds have recently added to or reduced their stakes in the stock. Pzena Investment Management LLC lifted its position in Nokia by 14.5% during the 4th quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock worth $594,868,000 after acquiring an additional 11,612,590 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Nokia by 9.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 47,321,058 shares of the technology company’s stock worth $306,167,000 after acquiring an additional 3,896,363 shares during the period. ARGA Investment Management LP lifted its position in Nokia by 166.4% during the 1st quarter. ARGA Investment Management LP now owns 20,388,202 shares of the technology company’s stock worth $163,921,000 after acquiring an additional 12,734,021 shares during the period. Alyeska Investment Group L.P. lifted its position in Nokia by 171.0% during the 4th quarter. Alyeska Investment Group L.P. now owns 17,490,101 shares of the technology company’s stock worth $113,161,000 after acquiring an additional 11,035,002 shares during the period. Finally, Folketrygdfondet lifted its position in Nokia by 66.6% during the 3rd quarter. Folketrygdfondet now owns 17,380,530 shares of the technology company’s stock worth $83,600,000 after acquiring an additional 6,950,487 shares during the period. 5.28% of the stock is owned by institutional investors and hedge funds.

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.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.