How to buy Nokia shares | NOKIA historical share price and analysis

How to buy Nokia shares

Own Nokia shares in just a few minutes.

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Nokia shares have jumped in recent days after an online community of individual investors piled into highly shorted stocks, with the aim of drastically driving up prices.

The campaign started after users on Reddit forum wallstreetbets saw that hedge funds were shorting GameStop (GME) to profit from perceived future losses.

To counteract, they rushed in to buy stock, quickly inflating prices far beyond what had ever been seen before. GameStop's stock surged from about US$17 a share to more than US$300.

Once the technique proved successful, users began applying it to other heavily shorted stocks, including Nokia. Shares climbed from a close of €3.39 on January 22 to a close of €4.40 on January 27.

However, several trading platforms were quick to take action, halting or restricting trading across a number of stocks. Nokia shares then dropped to a close of €3.82 on January 28th.

Although some platforms have now resumed trading, the market is still extremely volatile and traders should keep a keen eye on impacted stocks.

Nokia Corporation (NOKIA) is a leading communication equipment business with stocks listed in Finland. It opened the day at EUR€€3.3945 after a previous close of EUR€€3.3825. During the day the price has varied from a low of EUR€3.3285 to a high of EUR€3.4095. The latest price was EUR€3.349 (25 minute delay). Nokia is listed on the HE. All prices are listed in Euros.

How to buy shares in Nokia

  1. Compare share trading platforms. To buy shares in a company that's listed outside of Australia, you'll need to find a trading platform that offers access to global stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Nokia. Find the share by name or ticker symbol: NOKIA. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nokia reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Nokia, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Nokia. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

🧪How we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

Nokia share price

Use our graph to track the performance of NOKIA stocks over time.

Nokia shares at a glance

Information last updated 2021-03-03.
Open€3.3945
High€3.4095
Low€3.3285
Close€3.349
Previous close€3.3825
Change €-0.0335
Change % -0.9904%
Volume 15,906,694
Information last updated 2021-03-02.
52-week range€2.08 - €4.9505
50-day moving average €3.5111
200-day moving average €3.4532
Target price€5.69
PE ratio 27.3244
Dividend yield €0.2 (5.94%)
Earnings per share (TTM) €0.131

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage for US shares Inactivity fee Currency conversion fee Markets
eToro Share Trading (US stocks)
USD 0
USD 10 per month if there’s been no login for 12 months
0.50%
Forex, CFDs, US shares
Zero brokerage share trading on US stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and forex from the one account.
CMC Markets Stockbroking
USD 0
No
0.60%
ASX shares, Global shares, Forex, CFDs, Options trading, mFunds, ETFs, Warrants
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
IG Share Trading
Finder Award
IG Share Trading
USD 0
AUD 50 per quarter if you make fewer than three trades in that period
0.70%
ASX shares, Global shares, Forex, CFDs, Margin trading
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Note: $10,000 deposit required to open account.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Saxo Capital Markets (Classic account)
USD 9.9
No
0.75%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading
High quality, low-cost brokerage on global share trading.
Access up to 19,000 global stocks on 36 of the world’s major stock exchanges and enjoy some of the most competitive FX rates on the the market when you trade with Saxo Capital Markets.
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Is it a good time to buy Nokia stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Nokia price performance over time

Historical closes compared with the close of €3.349 on N/A

1 week (2021-02-21) N/A
1 month (2021-01-31) N/A
3 months (2020-11-30) N/A
6 months (2020-08-31) N/A
1 year (2020-02-29) N/A
2 years (2019-02-28) N/A
3 years (2018-02-28) N/A
5 years (2016-02-29) N/A

Is Nokia under- or over-valued?

Valuing Nokia stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nokia's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Nokia's P/E ratio

Nokia's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Nokia shares trade at around 27x recent earnings.

Nokia's PEG ratio

Nokia's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.8341. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Nokia's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Nokia's EBITDA

Nokia's EBITDA (earnings before interest, taxes, depreciation and amortisation) is EUR€2.9 billion (£2.5 billion).

The EBITDA is a measure of a Nokia's overall financial performance and is widely used to measure a its profitability.

Nokia financials

Revenue TTM EUR€21.9 billion
Operating margin TTM 7.96%
Gross profit TTM EUR€8.2 billion
Return on assets TTM 2.88%
Return on equity TTM -17.27%
Profit margin -11.12%
Book value €2.235
Market capitalisation EUR€19.2 billion

TTM: trailing 12 months

Nokia's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Nokia.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Nokia's total ESG risk score

Total ESG risk: 10.79

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Nokia's overall score of 10.79 (as at 01/01/2019) is excellent – landing it in it in the 6th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Nokia is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Nokia's environmental score

Environmental score: 1.22/100

Nokia's environmental score of 1.22 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Nokia is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Nokia's social score

Social score: 7.74/100

Nokia's social score of 7.74 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Nokia is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Nokia's governance score

Governance score: 3.76/100

Nokia's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Nokia is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Nokia's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Nokia scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Nokia has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Nokia Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 10.79
Total ESG percentile 5.55
Environmental score 1.22
Environmental score percentile 2
Social score 7.74
Social score percentile 2
Governance score 3.76
Governance score percentile 2
Level of controversy 2

Nokia share dividends

We're not expecting Nokia to pay a dividend over the next 12 months.

Nokia share price volatility

Over the last 12 months, Nokia's shares have ranged in value from as little as EUR€2.08 up to EUR€4.9505. A popular way to gauge a stock's volatility is its "beta".

NOKIA.HE volatility(beta: 0.5)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (HE average) beta is 1, while Nokia's is 0.5005. This would suggest that Nokia's shares are less volatile than average (for this exchange).

Nokia overview

Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. The company has a strategic collaboration with Microsoft; and a collaboration with CommScope Holding Company, Inc. to develop an interleaved passive-active antenna radio platform. It also has a strategic 5G partnership with Zain KSA to rollout 60,000 FastMile 5G Gateway 3.1 with eSIM across Saudi Arabia. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.

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