History; Forecast; Charts; Data; Market; Q&A; Comments > Page 1: Nokia Oyj (NOKIA) Forecast Charts . That’s clear, as Nokia stock continues to press higher. ... Nokia Oyj Stock Forecast, Price & News Add. For instance, even though the 2020 earnings growth forecast is impressive, it will still leave Nokia earning just 26 cents per share vs. 27 cents per share in fiscal 2018. The first hurdle, aside from fighting an overbought condition, will be to clear the declining 100-day moving average. During the day the stock fluctuated 1.55% from a day low at $3.87 to a day high of $3.93. Below and the setup becomes iffier. New Zealand central bank says data system hacked . IPO…, What Is A Stock Market Crash and The Most Significant Examples, Zoom & Beyond Meat- New Game Changers In Wall Street Investing, Uber & Slack – Reason of Uber’s Falter Casusing Slack’s IPO…, Bitcoin Is Bullish Again: Gain Your Profits with Bexplus, The Crypto Industry celebrates Ethereum’s 4th birthday, The Lowest Mortgage In A Year Still Don’t Impress Buyers, US Home Prices Have The Slowest Pace In More Than 6…, Housing Market News: Mortgage Rates Have Decreased, 4 Steps To Follow When Buying Short Sale Property. Question: With Nokia stock down by about 30% in the last quarter on account of an unfavorable outlook for 2020 and concerns regarding the company’s 5G … While a return to growth looks good on the surface, it does mask some unpleasant realizations. It may be a cheap stock but has now been seen with a major growth catalyst because of its deployment of 5G and the mainstream emergence of IoT (Internet-of-Things). No-moat Nokia’s December 2020 strategic update was a precursor to its capital markets day planned for March 18, 2021. But its stock slumped on Thursday, falling as much as 18% in Helsinki, as Nokia cut its 2020 profit view and guided toward a 2021 outlook worse than analysts expected. Based on an average daily volume of 17,095,887 shares, the short-interest ratio is presently 2.6 days. Is Nokia Stock a Buy? Nokia’s return to growth is promising, and double-digit earnings growth is impressive. While it may not look long term on the chart above, this downtrend goes back much further than just a few months. The Nokia Corp - ADR stock forecast is 5.619873 USD for 2022 January 12, Wednesday; … In addition, it’s  5G infrastructure deployment in its business can help in improving its annual revenue performance. 23 Dec 2020 TAWAL Selects Nokia Full Turnkey Services for 5G Expansion. 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. It will be not only a good year ahead for Nokia Stock but also a good run for the next 5 years. Nokia (NOK) reports earnings on 2/4/2021. The 5G network rollout will likely pick up the pace in 2020. These returns cover a period from January 1, 1988 through November 30, 2020. For instance, even though the 2020 earnings growth forecast is impressive, it will still leave Nokia earning just 26 cents per share vs. 27 cents per share in fiscal 2018. Article printed from InvestorPlace Media, https://investorplace.com/2020/01/nokia-stock-comeback/. Still, investors may overlook the overall picture as long as Nokia can deliver on growth. IPO Date, Price and Forecast (Why Should You Avoid It? 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%. Press and stock exchange releases ... 28 Dec 2020 Nokia selected by Thailand’s dtac as its first 5G partner. All rights reserved. That’s down 18.5% and 2.4%, respectively. Even after what many would consider a large rally, Nokia stock is still down more than 20% from the October highs. The 2020 US Campaign, Election Campaign; It’s Affects on Stock Market. The Earnings Whisper Score gives the statistical odds for the stock ahead of earnings. quotes delayed at least 15 minutes, all others at least 20 minutes. As of this writing, Bret Kenwell is long AAPL and NVDA. If the company delivers in-line earnings and revenue, it will result in full-year profit of 22 cents per share on revenue of $25.98 billion. 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