Today's nok stock price of $3.75 indicates relative market stability. Traders are focusing on potential catalysts from spectrum auctions and next-gen network technology adoption rates. However, to dig deeper, Simply Wall St’s proprietary “Fair Ratio” offers a more nuanced benchmark. Unlike simple peer or industry averages, the Fair Ratio of 23.9x incorporates Cadeler’s earnings growth, profit margins, industry specifics, company size, and risk factors. This tailored metric provides a more relevant yardstick for today’s market conditions and Cadeler’s positioning. At about $4.60 per share (Sep 11) , Nokia trades around 15× consensus 2025 earnings —a premium versus Ericsson at ~13× forward earnings . While the stock has rallied, fundamentals remain mixed—modest revenue growth, margin pressure, and lowered guidance. At these levels, Nokia doesn’t look cheap, though its longer-term opportunity in AI-driven networks could support the case for patient investors. See our analysis on Nokia Valuation: Expensive or Cheap for more details on what’s driving our price estimate for the stock. Current nok stock price is $3.75, with RSI readings trending toward neutral territory. This balance suggests possible sideways trading before any directional move tied to earnings reports.