- Nokia (NOK, Financial) partners with Fibrus for enhanced cybersecurity and broadband management.
- Analysts set an average one-year price target of $5.58, predicting a potential upside of 19.12%.
- GuruFocus estimates a GF Value of $4.16, indicating a potential downside of 11.11%.
Nokia (NOK) has announced a strategic five-year partnership with Fibrus, wherein it will deploy its Deepfield solution to enhance cybersecurity measures and optimize broadband management. This agreement represents a significant advancement in bolstering network infrastructure, catering to the growing demands for security and efficiency.
Wall Street Analysts' Price Forecast
Wall Street analysts have set their sights on Nokia Oyj (NOK, Financial), projecting an average one-year price target of $5.58. Within these predictions, the highest estimate reaches $7.00, while the lowest stands at $3.80. This average target suggests a potential upside of 19.12% from the current share price of $4.68. Investors can explore detailed estimates on the Nokia Oyj (NOK) Forecast page.
Brokerage Firms' Recommendations
According to the consensus from 9 leading brokerage firms, Nokia Oyj (NOK, Financial) holds a current average recommendation of 2.6, reflecting a "Hold" status. The recommendation scale spans from 1 (Strong Buy) to 5 (Sell), conveying a median perspective among analysts.
GuruFocus' GF Value Prediction
GuruFocus projects the GF Value for Nokia Oyj (NOK, Financial) at $4.16 one year from now, indicating a potential downside of 11.11% from its current price of $4.68. This GF Value is calculated based on Nokia's historical trading multiples, its past growth trajectory, and anticipated future business performance. In-depth valuation details are available on the Nokia Oyj (NOK) Summary page.
