Where is Nokia Oyj (NOK) Heading According to Analysts?

Nokia Oyj (NYSE:NOK) is one of the best stocks under $10 to buy right now. Northland Securities analyst Tim Savageaux reiterated a Buy rating on Nokia Oyj (NYSE:NOK) on August 7, setting a price target of $6.50.

On the other hand, JPMorgan lowered the firm’s price target on Nokia Oyj (NYSE:NOK) to EUR 5.15 from EUR 5.60 on July 29, keeping an Overweight rating on the shares.

The stock’s median price target of $4.25 implies an upside of 21.77% from current levels.

Nokia Oyj (NYSE:NOK) provides network infrastructure, software, and technology services. Its operations are divided into the following segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies.

While we acknowledge the potential of NOK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.