Nokian Tires’ target prices vary widely among analysts. While Inderes analyst Rauli Juva recommends buying the stock, predicting good returns over the next few years if forecasts are accurate, other analysts have expressed disappointment in the company’s recent results. Bloomberg’s consensus recommendation for the stock from 17 analysts is “hold,” reflecting mixed views on its performance. The range of target prices for the stock is between six and ten euros.
Juva believes that there is potential upside in Nokian Tires stock, especially with the upcoming full production at the new Romanian plant in 2027-2028. This development is expected to significantly improve the company’s results and stock price. He emphasizes that current valuation levels offer reasonable expected returns for the next few years but it remains to be seen how quickly investors will price in the stock’s better earnings.
Despite challenges in production and external events such as the Red Sea crisis and political strikes in Finland, Nokian Tires is working towards improving profitability and increasing volume in its business. The company’s operating results at the beginning of the year fell short of analysts’ forecasts, but there are expectations for a stronger performance in the future, particularly during winter tire season.
Oddo analysts have a more cautious outlook on Nokian Tires stock and recommend a “sell” rating along with a target price of seven euros. They believe that the company still faces challenges and improvements may not be realized until completion of new production facilities in 2026-2027. Additionally, concerns about valuation being high compared to peers have been raised due to its premium pricing.
