Nokia Corporation (NYSE:NOK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Nokia Corporation (NYSE:NOK) have earned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $8.8283.

NOK has been the subject of a number of recent research reports. Arete Research downgraded Nokia from a “buy” rating to a “neutral” rating in a research report on Friday, March 13th. The Goldman Sachs Group upgraded Nokia from a “sell” rating to a “neutral” rating in a research report on Monday, March 30th. Kepler Capital Markets upgraded Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, January 7th. Argus upgraded Nokia to a “hold” rating in a report on Wednesday, February 11th. Finally, Citigroup restated a “sell” rating on shares of Nokia in a report on Friday, January 23rd.

Key Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia announced a collaboration with NVIDIA to accelerate AI‑RAN deployments with global operators — a direct catalyst for software, AI‑driven RAN and higher‑margin services that could lift growth expectations. Nokia and NVIDIA collaboration accelerates AI-RAN deployment across global operators
• Positive Sentiment: A reported win with Dell and Intel (Xeon) to power 5G edge networks strengthens Nokia’s positioning in edge compute and could translate into hardware and systems contracts tied to operator rollouts. Intel secures another Xeon win as Dell, Nokia team up to power 5G edge networks
• Positive Sentiment: Market attention rose after disclosures of institutional repositioning (Waterfront Wealth) and commentary noting AI/optical networking strength ahead of Q1 results — boosting investor interest and momentum into the print. Stock Market Today, April 20: Nokia Rises Ahead of Q1 Earnings on Strength in AI Networking Demand
• Positive Sentiment: Unusually heavy call‑option buying (roughly 107k calls, ~63% above average) signals short‑term bullish positioning by traders and hedgers expecting upside around upcoming news events.
• Neutral Sentiment: Nokia is spinning off its Modul8 space communications venture via a deal with Celestial Acquisition Corp; this could unlock value over time but is unlikely to materially change near‑term operator/network revenues. Nokia to offload Modul8 space communications business venture
• Neutral Sentiment: Several consumer/legacy product tag pages and aggregators surfaced (Moneycontrol), but they contain no immediate material corporate announcements. Nokia 603 Updates

Nokia Price Performance

NYSE NOK traded down $0.06 on Tuesday, reaching $10.55. 16,096,483 shares of the stock traded hands, compared to its average volume of 52,513,520. The firm’s fifty day simple moving average is $8.33 and its 200 day simple moving average is $7.05. The company has a quick ratio of 1.36, a current ratio of 1.58 and a debt-to-equity ratio of 0.11. The company has a market cap of $60.55 billion, a price-to-earnings ratio of 80.96, a P/E/G ratio of 1.88 and a beta of 0.77. Nokia has a 12 month low of $4.00 and a 12 month high of $10.69.

Nokia (NYSE:NOK) last issued its quarterly earnings results on Thursday, March 5th. The technology company reported $0.11 earnings per share (EPS) for the quarter. Nokia had a return on equity of 8.54% and a net margin of 3.41%.The firm had revenue of $7.19 billion during the quarter. As a group, research analysts predict that Nokia will post 0.4 EPS for the current fiscal year.

Institutional Trading of Nokia

A number of hedge funds have recently modified their holdings of NOK. Fifth Third Bancorp raised its holdings in shares of Nokia by 248.7% during the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock worth $25,000 after acquiring an additional 2,721 shares in the last quarter. Wexford Capital LP purchased a new stake in shares of Nokia during the third quarter worth $29,000. FNY Investment Advisers LLC raised its holdings in shares of Nokia by 33,457.1% during the fourth quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock worth $30,000 after acquiring an additional 4,684 shares in the last quarter. Dorato Capital Management purchased a new stake in shares of Nokia during the fourth quarter worth $31,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Nokia during the third quarter worth $34,000. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Nokia Company Profile

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.