/biz/ - Business & Finance

>On page 13 of the release of its Q4 results, Nokia reported that its 2020 FCF performance was 1.356 billion EUR. That includes 778 million EUR during Q4, which was significantly higher than Q3. For example, on page 12 of its Q3 results, Nokia reported that it has only made 319 million EUR in FCF. Therefore, its Q4 FCF of 778 million EUR was 144% higher. Moreover, last quarter the company said it only forecast 600 million EUR in FCF, plus or minus 250 million EUR. The results came in at 1.356 billion, or substantially more than the high side of its forecast of 850 million EUR.

>This brings the estimate for Nokia stock, using $2.592 billion at a 6% FCF yield to $43.2 billion, which is 68% above today’s price. After all, the company presently has a 6.3% FCF yield (i.e., 1.356 billion EUR, or $1.627 billion in FCF divided by its present market cap of $25.66 billion). This implies a target price of $7.36, or 68% above its price today of $4.38. As a result, we have come up with a target price range of $6.08, 39% higher, to $7.36, 68% above today’s price.


You didn't panic sell, did you Anon?

I have 150 shares of NOK at a 4.75 avg price

Plan on buying more while it's still under 5 dollars

I bought in 7500 shares and I'm not worried.

A trader with a popular stock youtube channel actually was talking about NOK over a month ago. In this video he lays out the fundamentals and even says that he's looking to extend his position to be his biggest investment.

https://www.youtube.com/watch?v=XbN44t2z6Oo&t=459s

If you are feeling nervous about NOK watch this video that was made before the hype even started. Basically you'll see that with current financials and market share the trajectory is moving upward, with $30-$60 being a conservative amount in 2-3 years.

Also the market generally doesn't wait for a company to start making money in order to determine evaluation, just look at TSLA. Once the financial trend for NOKIA becomes clear to normies it'll will explode.

>> $NOK is still trending upwards