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Nokian Tyres

15.08 EUR+1.34 %28.7, 17.29
16,368 following

TYRES

NASDAQ Helsinki

Automobiles

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Investor consensus
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+1.34 %
+25.15 %
+45.28 %
+30.90 %
+59.32 %
+84.92 %
+80.86 %
-56.54 %
+2,390.57 %

Nokian Tyres is a premium tire manufacturer. The company develops and manufactures tires for passenger cars, trucks and heavy machinery. The company also operates the Vianor chain, which provides tire and car services. Nokian Tyres' main market areas are the Nordic countries, Central Europe and North America. The company began manufacturing tires for passenger cars in 1932 and is headquartered in Nokia, Finland.

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Market cap
2.09B EUR
Turnover
3.96M EUR
P/E (adj.) (26e)
25.03
EV/EBIT (adj.) (26e)
18.19
P/B (26e)
1.76
EV/S (26e)
1.79
Dividend yield-% (26e)
1.99 %
Coverage
Recommendation
Sell
Target price
11.50 EUR
Updated
20.07.2026
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 20.07.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
There is nothing contradictory about that. If, in the analyst’s estimation, the share price has risen too much, the recommendation is logical. If the valuation of Nokian Renkaat (Nokian Tyres) shares indicated a negative profit warning instead, and OP suspected the possibility of...
7/21/2026, 6:53 AM
by JuhaR
26
OP maintains SELL and raises the target price from €9.00 to €11.00. OP believes there might still be a positive profit warning (posari) coming later this year. Our earnings forecasts are rising for the coming years, and we are also raising our long-term margin assumption to 13% (...
7/20/2026, 6:25 AM
by supremegod
24
Have you, @Rauli_Juva, tried to outline a scenario where we could reach a positive recommendation, or at least reach the level of the required rate of return in a cash flow model at the current share price of around €15? It’s easy to do in Excel, but what would it mean in terms of...
7/20/2026, 8:03 AM
by Opo
16
Has the operating environment and market for “Rinkulat” [a colloquial term for Nokian Tyres] changed since those 20%+ operating profit margins? Yes, and that is a major reason why those are no longer very relevant points of comparison. Comparing Harvia and “Rinkulat” is a bit like...
7/21/2026, 12:47 PM
by kimsku
14
Why do analysts set price targets at all? Could they focus more on evaluating a company’s performance relative to its competitors, as well as the growth prospects of the industry compared to other sectors in both the short and long term? Predicting a stock price with price targets...
7/21/2026, 8:04 AM
by Kari Kokkonen
12
I don’t understand why OP (original poster/the bank) gives this kind of guidance; to me, it’s quite contradictory. The recommendation is SELL, and yet they are positive about the near future and potentially expecting a positive profit warning. Investors usually don’t want to invest...
7/21/2026, 5:02 AM
by Liiet
12
Here is a new company report on Nokian Tyres from Rauli Nokian Tyres’ Q2 result was strong, and our forecasts rose to the upper end of the guided profitability range. We believe the company will continue its good earnings performance over the coming years, but in our view, the stock...
7/20/2026, 5:04 AM
by Sijoittaja-alokas
9
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
27.10
2026

Interim report Q3'26

Regulatory press release24.07.2026, 12.00

Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres
Nokian Tyres Q2'26: Markant resultatforbedring i år
Research20.07.2026, 06.30 by
Rauli Juva

Nokian Tyres Q2'26: Markant resultatforbedring i år

Nokian Tyres' Q2-regnskabsmeddelelse var stærk, og vores estimater steg til den øvre ende af den udmeldte rentabilitets-guidance.

Nokian Tyres
Nokian Tyres plc, Webcast, Q2'26
Webcast17.07.2026, 13.00

Nokian Tyres plc, Webcast, Q2'26

Nokian Tyres

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Regulatory press release17.07.2026, 12.30

Tiina Frazer appointed Senior Vice President, Brand, Marketing and Communications at Nokian Tyres and a member of the Nokian Tyres Management Team

Nokian Tyres
Regulatory press release17.07.2026, 12.00

Nokian Tyres plc Half Year Financial Report January-June 2026: Strong profitability improvement driven by higher sales volumes and enhanced pricing

Nokian Tyres
Nokian Renkaat: Vurderingen er blevet høj
Research15.07.2026, 07.00 by
Rauli Juva

Nokian Renkaat: Vurderingen er blevet høj

Nokian Tyres' udsigter er forbedret en smule siden foråret, da olieprisen er faldet, og der er derfor ikke udsigt til længerevarende omkostningsinflation.

Nokian Tyres
Press release07.07.2026, 12.00

Nokian Tyres will publish its Half Year Financial Report January−June 2026 on July 17, 2026

Nokian Tyres
Regulatory press release23.06.2026, 17.50

Change in Nokian Tyres Management Team

Nokian Tyres
Regulatory press release09.06.2026, 08.00

Nokian Tyres plc: Shareholders' Nomination Board 2026-2027

Nokian Tyres
Regulatory press release29.04.2026, 16.30

Ville Mansikkamäki appointed Senior Vice President for Heavy Tyres at Nokian Tyres and a member of the Nokian Tyres Management Team

Nokian Tyres
Regulatory press release28.04.2026, 17.15

Nokian Tyres recalculates sustainability performance baseline under its EUR 100 million Sustainability-linked Bond (ISIN FI4000556444) and publishes its Annual Sustainability-linked Bond Report

Nokian Tyres
Regulatory press release27.04.2026, 12.15

Nokian Tyres plc: Managers' transactions - Koponen

Nokian Tyres
Regulatory press release24.04.2026, 16.10

Nokian Tyres plc: Managers' transactions - Pölönen

Nokian Tyres
Nokian Tyres Q1'26: En god start på året, men risici for resten af året
Research23.04.2026, 06.30 by
Rauli Juva

Nokian Tyres Q1'26: En god start på året, men risici for resten af året

Selskabet er inde i en god indtjeningsvækst, men virkningerne af krigen i Iran udgør en risiko for udsigterne for resten af året.

Nokian Tyres
Nokian Tyres plc, Audiocast, Q1'26
Webcast22.04.2026, 13.00

Nokian Tyres plc, Audiocast, Q1'26

Nokian Tyres
Regulatory press release22.04.2026, 12.10

Nokian Tyres plc - Commencement of new long-term share-based incentive plan targeted to management and key employees

Nokian Tyres
Regulatory press release22.04.2026, 12.00

Nokian Tyres plc Interim Report January-March 2026: Sales increased across all regions and operating profit improved significantly driven by disciplined strategy execution

Nokian Tyres
Nokian Tyres Q1'26 preview: Tab reduceres, og fokus er på opstarten i Rumænien
Analyst Comment20.04.2026, 08.03 by
Rauli Juva

Nokian Tyres Q1'26 preview: Tab reduceres, og fokus er på opstarten i Rumænien

Vi forventer, at det justerede driftstab næsten halveres til 9 MEUR, understøttet af prisstigninger og en bedre mix.

Nokian Tyres
Press release16.04.2026, 16.15

Nokian Tyres will publish its Interim Report for January−March 2026 on April 22, 2026

Nokian Tyres
Regulatory press release25.03.2026, 15.40

Nokian Tyres plc: Decisions of the Board of Directors' organizing meeting

Nokian Tyres