Nokia Corporation offers fixed and mobile network solutions globally. The company is headquartered in Espoo, Finland.
| Revenue (TTM) | $20.39B |
| Gross Profit (TTM) | $9.28B |
| EBITDA | $2.60B |
| Operating Margin | 7.93% |
| Return on Equity | 3.46% |
| Return on Assets | 3.12% |
| Revenue/Share (TTM) | $3.69 |
| Book Value | $4.37 |
| Price-to-Book | 2.46 |
| Price-to-Sales (TTM) | 2.58 |
| EV/Revenue | 2.44 |
| EV/EBITDA | 24.78 |
| Quarterly Earnings Growth (YoY) | -97.90% |
| Quarterly Revenue Growth (YoY) | 8.40% |
| Shares Outstanding | $5.58B |
| Float | $4.44B |
| % Insiders | 2.97% |
| % Institutions | 16.73% |
Volatility is currently contracting
Nokia benefits from AI-driven demand as Network Infrastructure sales grow, but Fixed networks weakness and shifting estimates raise questions about the gain.
VZ and NOK are expanding their telecom strategies for AI-driven demand, with different strengths in connectivity and infrastructure.
Nokia Oyj is rated Hold with a target range of $8.50 to $11.30, reflecting AI infrastructure optimism but valuation concerns. Network Infrastructure's incremental operating margin must exceed 25% to justify 2028 targets; current margins are pressured by high operating expenses. Over half of NOK's operating profit comes from patent licensing, now obscured in segment reporting, complicating earnings visibility and valuation.
Nokia surged on AI optimism but sold off sharply; now it's up 67% YTD. Q2 saw strong revenue and EPS growth, but free cash flow turned negative and net cash declined. AI & cloud sales soared 105% Y/Y, yet guidance relies on perfect execution amid lumpy order intake.
Nokia Oyj retains its Buy rating following Q2 results, driven by robust AI and cloud sector growth. Q2 revenue rose 8.3% Y/Y to €4.82B, with AI & Cloud net sales up 105%, highlighting strong momentum in digital infrastructure. NOK maintains a 2026 operational outlook, adjusting operating profit guidance to €2.1–2.6B due to business discontinuations.
The optics complex is splitting in two this morning. Coherent (NYSE:COHR | COHR Price Prediction) is trading down 4.94% and Cisco Systems (NASDAQ:CSCO) is down 8.48% after both reported fiscal fourth-quarter results last night.
The artificial intelligence-radio access network (AI-RAN) thesis is moving from presentations to real-world implementation, and Nokia (NYSE:NOK | NOK Price Prediction) is now at the center of this development.
NOK's shares have slumped 28.7%, but AI infrastructure growth and stronger networking demand could offer a path to recovery.
Nokia Corp (NYSE:NOK) stock is trading higher on Tuesday, driven by sustained artificial intelligence data center demand and a raised full-year profit outlook. Investors are actively re-evaluating the company beyond its traditional telecom focus and pricing it as a key beneficiary of the artificial intelligence boom.
NOK tops earnings estimates as AI networking and stronger margins help offset uneven telecom spending, offering fresh insight into its evolving growth outlook.
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