Polar Asset Management Partners Inc. Makes New $9.63 Million Investment in Nokia Corporation $NOK

Polar Asset Management Partners Inc. purchased a new position in shares of Nokia Corporation (NYSE:NOK) during the 1st quarter, HoldingsChannel reports. The firm purchased 1,198,303 shares of the technology company’s stock, valued at approximately $9,634,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fifth Third Bancorp boosted its holdings in Nokia by 248.7% in the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock worth $25,000 after purchasing an additional 2,721 shares in the last quarter. FNY Investment Advisers LLC increased its position in 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 buying an additional 4,684 shares during the last quarter. Dorato Capital Management bought a new position in Nokia during the fourth quarter valued at about $31,000. Smithfield Trust Co acquired a new stake in shares of Nokia in the fourth quarter worth about $35,000. Finally, Wexford Capital LP bought a new stake in shares of Nokia during the 3rd quarter worth about $29,000. Institutional investors own 5.28% of the company’s stock.

Nokia News Summary

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia’s Q2 results beat profit estimates, with comparable operating profit rising on strong demand from AI and cloud customers, while network infrastructure sales and margins improved. Reuters: Nokia Q2 profit beat on AI demand
• Positive Sentiment: AI-related demand was a standout, with Nokia saying AI/cloud order intake reached about €2.8 billion and AI/cloud sales more than doubled year over year, reinforcing the long-term growth case. Yahoo Finance: Nokia says AI, cloud boosted sales in second quarter
• Positive Sentiment: Nokia raised its full-year profit outlook and gave a Q3 revenue range that was roughly in line with expectations, which may support confidence in management’s view that AI infrastructure demand can offset legacy telecom weakness. Invezz: Nokia raises profit outlook as AI and cloud demand boost results
• Neutral Sentiment: Management and follow-up coverage continue to frame Nokia as a longer-term AI networking and cloud infrastructure beneficiary, but those themes are more about the investment thesis than an immediate catalyst. Yahoo Finance: How Nokia is Positioning Itself for Long-Term Growth in AI Networking
• Negative Sentiment: The stock has fallen to its lowest close since April, suggesting traders are selling into strength or reacting to concerns that the earnings beat does not fully erase broader slowdown worries. BeInCrypto: Nokia Crushed Earnings — and Dropped to Its Lowest Close Since April
• Negative Sentiment: Some articles highlight that telecom spending remains uneven and restructuring charges or supply-chain constraints are still weighing on results, which could limit how quickly AI growth translates into sustained earnings momentum. Yahoo Finance: Nokia Oyj (NOK) Q2 2026 Earnings Call Highlights

Analysts Set New Price Targets

NOK has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Nokia in a research note on Friday, May 22nd. Danske raised Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. Northland Securities set a $20.00 price target on Nokia in a report on Wednesday, June 3rd. Nordea Equity Research raised shares of Nokia from a “hold” rating to a “buy” rating in a research report on Friday, April 24th. Finally, Wall Street Zen cut shares of Nokia from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Thirteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.57.

Nokia Trading Down 0.3%

Nokia stock opened at $9.07 on Monday. Nokia Corporation has a 52 week low of $4.00 and a 52 week high of $17.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.22 and a current ratio of 1.50. The firm has a market capitalization of $52.11 billion, a PE ratio of 64.81, a PEG ratio of 1.04 and a beta of 1.17. The business’s 50-day simple moving average is $13.37 and its 200-day simple moving average is $10.29.

Nokia (NYSE:NOK) last announced its earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. The firm had revenue of $5.50 billion during the quarter, compared to the consensus estimate of $5.57 billion. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.04 EPS. Equities research analysts forecast that Nokia Corporation will post 0.41 earnings per share for the current year.

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.