Nokia Corporation (NYSE:NOK) Stock Short Interest Climbs 55.8%

Nokia Corporation (NYSE:NOK) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 86,495,412 shares, a growth of 55.8% from the September 15th total of 55,521,856 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 90,617,454 shares, the short-interest ratio is currently 1.0 days.

Nokia Price Performance

Nokia stock traded down $0.26 during midday trading on Friday, reaching $9.31. The company’s stock had a trading volume of 36,152,960 shares, compared to its average volume of 80,557,703. The company has a current ratio of 1.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.09. The stock has a market cap of $53.49 billion, a PE ratio of 66.61, a price-to-earnings-growth ratio of 1.12 and a beta of 1.19. Nokia has a 52 week low of $5.45 and a 52 week high of $17.45. The business has a 50-day moving average price of $10.25 and a 200-day moving average price of $11.44.

Nokia (NYSE:NOK) last posted its earnings results on Thursday, July 23rd. The technology company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The firm had revenue of $5.50 billion during the quarter, compared to analysts’ expectations of $5.57 billion. Nokia had a net margin of 3.49% and a return on equity of 9.83%. The business’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 business earned $0.04 earnings per share. On average, sell-side analysts predict that Nokia will post 0.39 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on NOK shares. Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a research report on Friday, September 4th. S&P Equity Research reaffirmed a “positive” rating on shares of Nokia in a report on Thursday, July 30th. B. Riley Financial initiated coverage on shares of Nokia in a research report on Thursday, September 17th. They set a “buy” rating and a $15.00 price target on the stock. Sanford C. Bernstein reissued a “neutral” rating on shares of Nokia in a research note on Thursday, July 23rd. Finally, Rosenblatt Securities began coverage on shares of Nokia in a research note on Tuesday, September 15th. They issued a “buy” rating and a $15.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.57.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. ARGA Investment Management LP raised its stake in shares of Nokia by 166.4% during the first quarter. ARGA Investment Management LP now owns 20,388,202 shares of the technology company’s stock valued at $163,921,000 after acquiring an additional 12,734,021 shares during the last quarter. Renaissance Technologies LLC lifted 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 purchasing an additional 7,546,000 shares during the period. Annex Advisory Services LLC lifted its holdings in shares of Nokia by 1,710.9% during the third quarter. Annex Advisory Services LLC now owns 4,468,371 shares of the technology company’s stock worth $45,309,000 after purchasing an additional 4,221,629 shares during the period. Atwood & Palmer Inc. grew its stake in shares of Nokia by 0.5% in the third quarter. Atwood & Palmer Inc. now owns 2,470,183 shares of the technology company’s stock worth $25,048,000 after purchasing an additional 12,888 shares during the last quarter. Finally, Engineers Gate Manager LP grew its stake in shares of Nokia by 19.2% in the second quarter. Engineers Gate Manager LP now owns 1,864,080 shares of the technology company’s stock worth $24,755,000 after purchasing an additional 300,807 shares during the last quarter. 5.28% of the stock is currently owned by institutional investors and hedge funds.

Nokia News Summary

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia’s divestiture of its industrial private wireless and edge business could streamline the company’s portfolio and allow management to focus capital on higher-priority networking and communications opportunities. The transaction may also reduce exposure to a noncore operation, although financial details were not provided. Nokia Divests Industrial Private Wireless and Edge Business
• Neutral Sentiment: Upcoming earnings remain a near-term catalyst, with Nokia expected to report results on Thursday. Investors will likely focus on revenue growth, profitability and forward guidance to determine whether the company can justify its valuation. Nokia Expected to Announce Earnings on Thursday
• Neutral Sentiment: Analyst commentary comparing Nokia with Motorola Solutions frames NOK as a potential value investment, but does not represent a new estimate, contract or fundamental change. The comparison could attract value-focused investors while highlighting Nokia’s weaker recent trading performance. NOK or MSI: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: Articles about Nokia phones that could make a comeback in 2027 are primarily consumer-interest and nostalgia coverage. They do not indicate a product launch or near-term financial impact for Nokia Corporation. 4 Nokia Phones We Wish Made a Comeback in 2027
• Negative Sentiment: A report that Nokia may exit selected markets raises uncertainty around the company’s geographic strategy and could signal weaker opportunities or restructuring costs in those regions. While exits may improve long-term efficiency, investors may initially view the report as evidence of portfolio pressure. Nokia’s Parent Company Reportedly Looking to Quit Select Markets
• Negative Sentiment: Nokia transferred 2,142,361 company-held shares to participants in its equity incentive plans. The transaction is routine and does not raise cash, but it increases shares held by employees and may create modest dilution or selling pressure. Senior-manager transaction notices were also filed, though the provided reports do not disclose enough detail to establish a clear insider-buying or selling signal. Changes in Nokia Corporation’s Own Shares

Nokia Company Profile

Nokia Oyj is a Finland-based technology company that develops and supplies communications networking equipment, software and related services. Its offerings support mobile and fixed broadband networks, including radio access networks, core networks, fiber and other fixed-access technologies, IP routing, optical networking, private wireless systems, cloud networking and network automation.

The company serves telecommunications operators, governments, enterprises and other organizations worldwide.