Nokia (NYSE:NOK) Research Coverage Started at Rosenblatt Securities

Rosenblatt Securities initiated coverage on shares of Nokia (NYSE:NOK) in a report issued on Tuesday, MarketBeat.com reports. The brokerage issued a buy rating and a $15.00 price target on the technology company’s stock.

Several other research firms have also recently weighed in on NOK. Danske upgraded Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Morgan Stanley reissued an “overweight” rating on shares of Nokia in a research note on Friday, May 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a report on Friday, September 4th. JPMorgan Chase & Co. lifted their price target on shares of Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Finally, Northland Securities set a $20.00 price target on shares of Nokia in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $14.12.

Nokia Price Performance

NOK opened at $10.61 on Tuesday. The stock has a market cap of $60.93 billion, a P/E ratio of 75.79, a P/E/G ratio of 1.20 and a beta of 1.21. Nokia has a 12 month low of $4.63 and a 12 month high of $17.45. The company has a quick ratio of 1.22, a current ratio of 1.50 and a debt-to-equity ratio of 0.09. The company has a fifty day simple moving average of $10.13 and a 200 day simple moving average of $11.13.

Nokia (NYSE:NOK) last posted its earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share for the quarter, topping 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 firm had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same period in the previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, research analysts expect that Nokia will post 0.39 EPS for the current year.

Institutional Investors Weigh In On Nokia

A number of hedge funds and other institutional investors have recently bought and sold shares of NOK. Smithfield Trust Co bought a new stake in Nokia during the fourth quarter worth about $35,000. Huntington National Bank grew its stake in Nokia by 1,138.4% in the fourth quarter. Huntington National Bank now owns 7,344 shares of the technology company’s stock valued at $48,000 after purchasing an additional 6,751 shares in the last quarter. Marathon Trading Investment Management LLC acquired a new position in shares of Nokia during the 4th quarter worth approximately $65,000. NewEdge Wealth LLC acquired a new position in shares of Nokia during the 4th quarter worth approximately $66,000. Finally, Global Retirement Partners LLC raised its stake in shares of Nokia by 52.0% during the 4th quarter. Global Retirement Partners LLC now owns 11,704 shares of the technology company’s stock worth $76,000 after purchasing an additional 4,003 shares in the last quarter. Institutional investors and hedge funds own 5.28% of the company’s stock.

Key Stories Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Expanded Microsoft partnership strengthens Nokia’s AI narrative. Nokia and Microsoft plan to combine Nokia Data Suite with Microsoft Fabric, giving telecom operators faster access to network data and supporting AI agents for automated, multi-vendor network operations. The initiative could improve Nokia’s positioning in telecom AI, cloud networking and optical infrastructure. Nokia stock jumps as Microsoft AI data partnership expands
• Positive Sentiment: AI-RAN trials and capacity expansion are supporting expectations for future growth. Nokia is advancing trials with operators across several regions, while reports point to surging AI-related orders and expanding production capacity. Successful deployments could translate into greater demand for Nokia’s radio, optical and data-networking products. Nokia Expands AI-RAN Trials with Telecom Operators Across Four Regions
• Positive Sentiment: Analyst coverage has turned more favorable. Rosenblatt upgraded Nokia to “strong buy,” while B. Riley initiated coverage with a “buy” rating and a $15 price target, implying substantial upside from the reported $10.61 share price. Jim Cramer also endorsed NOK as an AI-supercycle beneficiary, potentially adding retail-investor interest. Nokia Jumps as AI-RAN Trials Expand
• Neutral Sentiment: Investor enthusiasm remains dependent on execution. Nokia’s AI initiatives are promising, but many benefits remain tied to trials converting into commercial contracts. Cramer’s bullish commentary may support sentiment, although it is not a fundamental earnings catalyst. Nokia’s elevated valuation relative to its modest profitability also leaves room for volatility if growth disappoints.

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.