Shares of Nokia Corporation (NYSE:NOK – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $7.0140.
NOK has been the subject of several recent analyst reports. Citigroup reiterated a “sell” rating on shares of Nokia in a research note on Friday, January 23rd. Arete Research downgraded shares of Nokia from a “buy” rating to a “neutral” rating in a report on Friday, March 13th. Kepler Capital Markets upgraded shares of Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, January 7th. Danske downgraded shares of Nokia from a “buy” rating to a “hold” rating in a report on Tuesday, February 24th. Finally, JPMorgan Chase & Co. increased their price target on shares of Nokia from $7.10 to $8.00 and gave the company an “overweight” rating in a research report on Monday, December 1st.
Get Our Latest Stock Report on NOK
Nokia News Roundup
- Positive Sentiment: Nokia partnered with Stelia to provide secure, high‑performance networking for enterprise‑scale AI deployments, strengthening its positioning in AI infrastructure and enterprise services. Stelia and Nokia collaborate to advance AI for enterprise
- Positive Sentiment: Nokia won a London IXP refresh contract (LINX), acting as technical partner for the network upgrade — a visible, high‑profile win in internet exchange and optical infrastructure. British IXP giant gets Nokia refresh
- Positive Sentiment: Nokia’s private 4G/5G solution was selected to power connectivity at the Côté Gold mine via Ambra Solutions, demonstrating traction in industrial private networks and recurring services. Ambra Solutions Powers Côté Gold Mine with Nokia’s Private 4G/5G Network
- Positive Sentiment: Thought leadership pieces emphasize Nokia’s push into optical networking to support AI workloads — reinforcing the company narrative that optical investments are critical to capture AI‑related infrastructure spend. The optical imperative and Nokia’s vision to close the AI gap
- Neutral Sentiment: Nokia is executing a leadership revamp in India (appointments and reorganization), which could improve local execution but is unlikely to meaningfully move near‑term results. Nokia India rejigs senior positions
- Neutral Sentiment: Specific India country leadership appointments (Samar Mittal / Mittal Mehra) were announced; these are personnel moves that support local strategy execution. Nokia elevates Samar Mittal as India country business leader
- Negative Sentiment: Despite the operational news, Nokia ADRs fell on Thursday (MarketWatch), suggesting the market is pricing in near‑term macro or sector weakness rather than company‑specific setbacks. Nokia Corp. ADR falls Thursday, still outperforms market
Hedge Funds Weigh In On Nokia
Several hedge funds have recently bought and sold shares of NOK. Fifth Third Bancorp boosted its stake 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 valued at $25,000 after acquiring an additional 2,721 shares during the last quarter. FNY Investment Advisers LLC boosted 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 purchasing an additional 4,684 shares during the last quarter. Dorato Capital Management purchased a new stake in shares of Nokia in the fourth quarter valued at $31,000. Smithfield Trust Co acquired a new position in Nokia in the fourth quarter valued at $35,000. Finally, Wexford Capital LP acquired a new position in Nokia in the third quarter valued at $29,000. Hedge funds and other institutional investors own 5.28% of the company’s stock.
Nokia Stock Down 4.2%
NYSE NOK opened at $8.06 on Friday. Nokia has a 52 week low of $4.00 and a 52 week high of $8.82. 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 business’s fifty day simple moving average is $7.45 and its 200-day simple moving average is $6.48. The firm has a market cap of $46.28 billion, a PE ratio of 62.00, a P/E/G ratio of 2.91 and a beta of 0.80.
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.
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