Bienville Capital Management LLC Makes New $1.75 Million Investment in Nokia Corporation $NOK

Bienville Capital Management LLC purchased a new position in shares of Nokia Corporation (NYSE:NOK) during the 2nd quarter, HoldingsChannel reports. The firm purchased 132,079 shares of the technology company’s stock, valued at approximately $1,754,000.

Several other institutional investors and hedge funds have also modified their holdings of NOK. Analog Century Management LP bought a new position in Nokia during the fourth quarter valued at about $104,244,000. SummitTX Capital L.P. boosted its stake in shares of Nokia by 219.4% during the 1st quarter. SummitTX Capital L.P. now owns 245,559 shares of the technology company’s stock worth $1,974,000 after acquiring an additional 168,688 shares in the last quarter. Polar Asset Management Partners Inc. acquired a new position in shares of Nokia during the 1st quarter valued at about $9,634,000. Amundi acquired a new position in shares of Nokia during the 1st quarter valued at about $1,120,000. Finally, Renaissance Technologies LLC raised its stake in shares of Nokia by 131.3% in the 1st quarter. Renaissance Technologies LLC now owns 13,294,780 shares of the technology company’s stock valued at $106,890,000 after acquiring an additional 7,546,000 shares in the last quarter. Institutional investors and hedge funds own 5.28% of the company’s stock.

Nokia Stock Performance

Shares of NYSE:NOK opened at $10.76 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.50 and a quick ratio of 1.22. The business’s fifty day moving average price is $10.35 and its two-hundred day moving average price is $11.01. Nokia Corporation has a fifty-two week low of $4.48 and a fifty-two week high of $17.45. The stock has a market capitalization of $61.77 billion, a price-to-earnings ratio of 76.84, a price-to-earnings-growth ratio of 1.26 and a beta of 1.21.

Nokia (NYSE:NOK) last issued its earnings results on Thursday, July 23rd. The technology company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. Nokia had a net margin of 3.49% and a return on equity of 9.83%. The company 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 company earned $0.04 EPS. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, analysts predict that Nokia Corporation will post 0.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on NOK. JPMorgan Chase & Co. increased their price target on Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, June 12th. Northland Securities set a $20.00 price target on shares of Nokia in a report on Wednesday, June 3rd. Danske upgraded Nokia from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. Morgan Stanley reiterated an “overweight” rating on shares of Nokia in a research report on Friday, May 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Nokia in a research report on Friday, September 4th. Twelve equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Nokia currently has an average rating of “Moderate Buy” and a consensus target price of $13.83.

Nokia News Summary

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Google’s planned €13 billion investment in Finnish artificial-intelligence infrastructure is a potential tailwind for Nokia because it could increase demand for high-capacity networks, cloud connectivity and AI-related telecom systems in Finland. Nokia welcomed the commitment, though the announcement does not identify a direct contract or revenue benefit for the company. Nokia welcomes Google’s €13 billion commitment to Finnish AI
• Positive Sentiment: Nokia and SoftBank demonstrated a passive optical networking system designed to support multiple optical technologies, highlighting potential opportunities in broadband capacity and network flexibility. A demonstration is not the same as a commercial order, but it reinforces Nokia’s position in next-generation network infrastructure. Softbank, Nokia demo passive optical network
• Positive Sentiment: Nokia launched a global Mobile Core Early Access program that lets telecom operators test new mobile-core capabilities and AI-era use cases in a hosted environment. The initiative could help accelerate customer adoption of Nokia software and create longer-term opportunities in network automation and monetization. Nokia launches industry-first initiative to help operators accelerate network innovation
• Positive Sentiment: Nokia opened an R&D center in Riyadh focused on AI-powered network automation, supporting Saudi Arabia’s Vision 2030. The facility may strengthen Nokia’s regional relationships and exposure to telecom modernization spending. Nokia opens Riyadh R&D centre
• Positive Sentiment: Technical analysis says NOK broke out of a falling channel, established a higher swing low and reclaimed key moving averages. The forecast identifies possible upside targets of $12.30 to $13.98, supporting near-term bullish momentum, but it is not a fundamental earnings forecast. Nokia Price Forecast: Breakout Signals Second Leg Higher
• Neutral Sentiment: Nokia transferred 687,145 company-held shares to participants in its equity-incentive plans. The transaction is routine and has limited immediate earnings significance, though it modestly increases shares in employee hands. Changes in Nokia Corporation’s own shares
• Negative Sentiment: Reports that Nokia is planning sweeping Bell Labs job cuts have raised concerns about reduced research capacity and the potential impact on long-term innovation, particularly as the company promotes AI and advanced networking. Nokia plans sweeping Bell Labs cuts
• Negative Sentiment: Commentary questioning whether Nokia’s earlier rally was supported by business fundamentals highlights valuation and execution risk. The stock remains well below its summer peak, and uncertainty surrounding the China retreat could limit confidence in the recovery. Beyond the China Retreat: Whether Nokia’s Surge Was Built on Substance

About Nokia

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.