Shares of Nokia Corporation (NYSE:NOK – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the eighteen analysts that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $13.9957.
NOK has been the topic of a number of research reports. Northland Securities set a $20.00 target price on shares of Nokia in a research report on Wednesday, June 3rd. Rosenblatt Securities started coverage on shares of Nokia in a research note on Tuesday. They issued a “buy” rating and a $15.00 price objective on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Nokia in a report on Friday, May 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Nokia in a research note on Friday, September 4th. Finally, Danske upgraded Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st.
View Our Latest Report on Nokia
Nokia Trading Up 1.9%
Nokia (NYSE:NOK – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The business had revenue of $5.50 billion for the quarter, compared to analysts’ expectations of $5.57 billion. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.04 earnings per share. As a group, equities research analysts expect that Nokia will post 0.39 EPS for the current year.
Hedge Funds Weigh In On Nokia
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC grew its position in shares of Nokia by 15.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 112,046 shares of the technology company’s stock worth $1,488,000 after buying an additional 14,657 shares during the period. Tidal Investments LLC boosted its stake in Nokia by 47.2% during the 2nd quarter. Tidal Investments LLC now owns 177,142 shares of the technology company’s stock worth $2,352,000 after acquiring an additional 56,807 shares during the last quarter. Bienville Capital Management LLC acquired a new position in Nokia during the second quarter valued at approximately $1,754,000. Engineers Gate Manager LP grew its holdings in Nokia by 19.2% during the second quarter. Engineers Gate Manager LP now owns 1,864,080 shares of the technology company’s stock valued at $24,755,000 after purchasing an additional 300,807 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Nokia by 155.7% in the second quarter. NewEdge Advisors LLC now owns 37,812 shares of the technology company’s stock valued at $502,000 after purchasing an additional 23,024 shares in the last quarter. Institutional investors own 5.28% of the company’s stock.
Key Headlines Impacting Nokia
Here are the key news stories impacting Nokia this week:
- Positive Sentiment: Rosenblatt Securities initiated coverage with a Buy rating and a $15 price target, implying substantial upside from the recent trading level. Another analyst described Nokia as an AI-optical “dark horse” trading at a conservative valuation. Benzinga analyst coverage article
- Positive Sentiment: Telxius selected Nokia’s 800G coherent pluggable technology to expand international network capacity for cloud, AI and data-center traffic. The deployment could reinforce Nokia’s position in high-growth optical networking and improve network efficiency. Telecoms.com Telxius deployment article
- Positive Sentiment: ESpanix is deploying Nokia’s Deepfield Defender across Madrid and Barcelona to protect more than 200 networks from distributed denial-of-service attacks. The contract provides a real-world reference for Nokia’s network-security and software expansion. Zacks DDoS security article
- Positive Sentiment: NTT Docomo’s deployment of Nokia multi-vendor Open RAN equipment adds another operator reference and supports Nokia’s efforts to expand in next-generation telecom infrastructure. Light Reading Open RAN article
- Neutral Sentiment: Nokia is tied to a $3.5 billion AI-funding test, potentially increasing investor attention on AI infrastructure opportunities, but the report does not establish a direct contract or near-term revenue impact. Yahoo Finance AI funding article
- Neutral Sentiment: A Seeking Alpha upgrade to Hold notes strong comparable sales growth, improving margins, rapid AI and Cloud growth, and substantial 2026 profit and free-cash-flow guidance. However, the rating reflects a balance between AI upside and macroeconomic risks. Seeking Alpha Nokia valuation article
- Negative Sentiment: Nokia shares recently fell sharply amid broader weakness in technology stocks, with concerns about macro conditions and valuation overshadowing otherwise favorable AI and networking developments. The volatility may continue until investors see clearer evidence that these wins translate into higher earnings.
Nokia Company Profile
Nokia Corporation is a Finland-based technology company that provides communications and networking equipment, software, and related services to telecommunications operators, enterprises, governments, and other organizations worldwide. Its offerings support the design, deployment, management, and modernization of fixed and mobile communications networks.
The company’s business includes mobile network infrastructure, radio access networks, core networks, cloud networking, broadband access, optical networking, IP routing, data-center networking, and network automation.
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