Nokia (NYSE:NOK) Rating Increased to Strong-Buy at Rosenblatt Securities

Rosenblatt Securities upgraded shares of Nokia (NYSE:NOK) to a strong-buy rating in a research report report published on Monday,Zacks reports.

Several other equities research analysts have also commented on NOK. Northland Securities set a $20.00 price target on Nokia in a research note on Wednesday, June 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Nokia in a research report on Friday, May 22nd. Danske raised Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. raised their price target on Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, June 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nokia in a research note on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $14.00.

Nokia Stock Performance

Shares of NOK opened at $9.83 on Monday. The company has a quick ratio of 1.22, a current ratio of 1.50 and a debt-to-equity ratio of 0.09. Nokia has a 52-week low of $4.53 and a 52-week high of $17.45. The company has a 50-day simple moving average of $10.21 and a 200-day simple moving average of $11.09. The company has a market capitalization of $56.47 billion, a PE ratio of 70.24, a P/E/G ratio of 1.14 and a beta of 1.21.

Nokia (NYSE:NOK) last released its quarterly earnings data on Thursday, July 23rd. The technology company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. Nokia had a net margin of 3.49% and a return on equity of 9.83%. The firm had revenue of $5.50 billion for the quarter, compared to the consensus estimate of $5.57 billion. During the same quarter in the previous year, the firm earned $0.04 earnings per share. The firm’s revenue was up 8.4% on a year-over-year basis. Equities research analysts predict that Nokia will post 0.39 earnings per share for the current fiscal year.

Institutional Trading of Nokia

A number of large investors have recently made changes to their positions in NOK. Pzena Investment Management LLC raised its stake in Nokia by 14.5% in the 4th quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock valued at $594,868,000 after purchasing an additional 11,612,590 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Nokia by 9.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 47,321,058 shares of the technology company’s stock worth $306,167,000 after purchasing an additional 3,896,363 shares during the last quarter. ARGA Investment Management LP boosted its stake in shares of Nokia by 166.4% during the 1st quarter. ARGA Investment Management LP now owns 20,388,202 shares of the technology company’s stock worth $163,921,000 after purchasing an additional 12,734,021 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Nokia by 131.3% during the first quarter. Renaissance Technologies LLC now owns 13,294,780 shares of the technology company’s stock worth $106,890,000 after buying an additional 7,546,000 shares in the last quarter. Finally, Analog Century Management LP acquired a new position in shares of Nokia in the fourth quarter valued at approximately $104,244,000. Institutional investors and hedge funds own 5.28% of the company’s stock.

Trending Headlines about 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.