Nokia (NYSE:NOK) Stock Rating Upgraded by Rosenblatt Securities

Nokia (NYSE:NOK) was upgraded by equities researchers at Rosenblatt Securities to a “strong-buy” rating in a research note issued to investors on Monday, Zacks reports.

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

Nokia Stock Up 1.9%

Shares of NOK opened at $9.83 on Monday. The company has a market capitalization of $56.47 billion, a price-to-earnings ratio of 70.24, a PEG ratio of 1.14 and a beta of 1.21. Nokia has a 52 week low of $4.53 and a 52 week high of $17.45. The stock’s 50-day moving average price is $10.21 and its 200-day moving average price is $11.09. 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 (NYSE:NOK) last announced its quarterly 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. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The company had revenue of $5.50 billion during the quarter, compared to analysts’ expectations of $5.57 billion. During the same period last year, the business earned $0.04 earnings per share. Nokia’s quarterly revenue was up 8.4% on a year-over-year basis. On average, sell-side analysts predict that Nokia will post 0.39 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Analog Century Management LP acquired a new stake in Nokia in the 4th quarter valued at $104,244,000. SummitTX Capital L.P. raised its position in Nokia by 219.4% during the first 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 during the period. Polar Asset Management Partners Inc. purchased a new position in Nokia during the first quarter valued at $9,634,000. Amundi purchased a new position in Nokia during the first quarter valued at $1,120,000. Finally, Renaissance Technologies LLC grew its position in shares of Nokia by 131.3% in the first quarter. Renaissance Technologies LLC now owns 13,294,780 shares of the technology company’s stock valued at $106,890,000 after purchasing an additional 7,546,000 shares during the period. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Key Nokia News

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.