Nokia Oyj (NOK)

FI — Technology Sector
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Key Metrics & Ratings

  • symbol NOK
  • Rev/Share 3.7311
  • Book/Share 3.6425
  • PB 1.465
  • Debt/Equity 0.2076
  • CurrentRatio 1.478
  • ROIC 0.0401

 

  • MktCap 28687972045.32
  • FreeCF/Share 0.2545
  • PFCF 20.8738
  • PE 23.9302
  • Debt/Assets 0.1128
  • DivYield 0.0238
  • ROE 0.0594

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 4
  • P/B Score 4
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade NOK Jefferies Hold Buy -- -- Oct. 28, 2025
Upgrade NOK BNP Paribas Exane Neutral Outperform -- $5 Sept. 3, 2025
Downgrade NOK Goldman Neutral Sell -- $3.6 Jan. 16, 2025
Upgrade NOK JP Morgan Neutral Overweight $4.35 $6.35 Dec. 9, 2024
Upgrade NOK Danske Bank Hold Buy -- -- Oct. 18, 2024

News

What Makes Nokia (NOK) a New Buy Stock
NOK
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Nokia (NOK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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image for news What Makes Nokia (NOK) a New Buy Stock
Nokia Partners With Senetas to Secure Defence and Government Networks
NOK
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Neutral

NOK teams with Senetas to deliver quantum-resistant, mission-critical security, strengthening defence networks from core to frontline.

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image for news Nokia Partners With Senetas to Secure Defence and Government Networks
Telefonica Germany & Nokia Ink a 5-year RAN Deal to Advance 5G Rollout
NOK, TEF
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Positive

TEF extends its NOK partnership to modernize Germany's RAN through 2030, accelerating 5G rollout and advancing AI-driven network automation.

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image for news Telefonica Germany & Nokia Ink a 5-year RAN Deal to Advance 5G Rollout
Nokia Pledges $4 Billion U.S. Investment in Trump Admin Partnership
NOK
Published: November 21, 2025 by: WSJ
Sentiment: Positive

The Finnish telecommunications company is the latest to increase its domestic spending as it looks to optimize its network infrastructure for artificial intelligence.

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image for news Nokia Pledges $4 Billion U.S. Investment in Trump Admin Partnership
Nokia Divides AI and Telecom Business Into Two Units
NOK
Published: November 19, 2025 by: PYMNTS
Sentiment: Neutral

Nokia is dividing its artificial intelligence (AI) and telecom businesses into separate units. The tech company announced Wednesday (Nov. 19) that its new network infrastructure division would house its AI and data center operations, while its telecoms network operations would become part of its mobile infrastructure unit.

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image for news Nokia Divides AI and Telecom Business Into Two Units
Should Value Investors Buy Nokia (NOK) Stock?
NOK
Published: November 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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image for news Should Value Investors Buy Nokia (NOK) Stock?
Nokia Runs 50%, Pays a Dividend, and Investors Still Love The Stock
NOK
Published: November 18, 2025 by: 24/7 Wall Street
Sentiment: Positive

Nokia (NYSE: NOK) stock has surged 50% in the last year, and investors still love it.

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image for news Nokia Runs 50%, Pays a Dividend, and Investors Still Love The Stock
Nokia Corporation - Managers' transactions (Hammarén)
NOK
Published: October 30, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationManagers' transactions30 October 2025 at 18:30 EET Nokia Corporation - Managers' transactions (Hammarén)

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image for news Nokia Corporation - Managers' transactions (Hammarén)
Changes in Nokia Corporation's own shares
NOK
Published: October 30, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationStock Exchange Release30 October 2025 at 18:30 EET Changes in Nokia Corporation's own shares Espoo, Finland – A total of 979 719 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the incentive plans as announced on 22 November 2024.

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image for news Changes in Nokia Corporation's own shares
Retail Sentiment Soars After Nvidia's $1B Nokia Bet Pumps Shares 25% (NOK, NVDA)
NOK
Published: October 29, 2025 by: 24/7 Wall Street
Sentiment: Positive

Shares of Nokia (NASDAQ: NOK) surged 25% yesterday after Nvidia (NASDAQ: NVDA) announced a $1 billion strategic investment to accelerate AI-powered 6G infrastructure development.

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image for news Retail Sentiment Soars After Nvidia's $1B Nokia Bet Pumps Shares 25% (NOK, NVDA)
Nokia Corporation - Managers' transactions (Uitto)
NOK
Published: October 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationManagers' transactions29 October 2025 at 21:00 EET Nokia Corporation - Managers' transactions (Uitto) Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Uitto, Tommi Position: Other senior manager Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 128347/5/4____________________________________________ Transaction date: 2025-10-29Venue : NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI0009000681Nature of the transaction: DISPOSAL Transaction details(1): Volume: 57589 Unit price: 6.322 EUR Aggregated transactions(1): Volume: 57589 Volume weighted average price: 6.322 EUR About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks …

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image for news Nokia Corporation - Managers' transactions (Uitto)
Nokia Corporation - Managers' transactions (Martikainen)
NOK
Published: October 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationManagers' transactions29 October 2025 at 21:00 EET Nokia Corporation - Managers' transactions (Martikainen)

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image for news Nokia Corporation - Managers' transactions (Martikainen)
Nokia: Joining The Nvidia Wave
NOK
Published: October 29, 2025 by: Seeking Alpha
Sentiment: Positive

Nokia secures a $1 billion investment from Nvidia to accelerate its transition into AI-powered networking and 6G innovation. NOK's recent growth is driven by strong demand in Optical and IP Networks, with AI and Cloud customers boosting Q3 sales by 19%. The Nvidia partnership is unlikely to yield immediate financial benefits, with significant commercial impact expected only after 2027.

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image for news Nokia: Joining The Nvidia Wave
Nokia deploys future-ready network architecture to enhance Zayo's leading IP network infrastructure
NOK
Published: October 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

Press ReleaseNokia deploys future-ready network architecture to enhance Zayo's leading IP network infrastructure Upgraded IP network architecture to provide Zayo's customers with faster, broader set of services including cloud access, data center connectivity, and secure high-speed links First phase underway in New York and New Jersey - expansion planned to dozens of additional markets and thousands of lit buildings Solution based on Nokia's high-performance IP routers, powered by Nokia's advanced FP5 silicon 29 October 2025Espoo, Finland - Nokia today announced that it is working with Zayo, a leading global communications infrastructure provider, to deploy a next-generation IP network architecture to …

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image for news Nokia deploys future-ready network architecture to enhance Zayo's leading IP network infrastructure
Nvidia Says It's Adding This Tech Company to Its Investment Portfolio. The Stocks Are Surging.
NOK
Published: October 28, 2025 by: Investopedia
Sentiment: Positive

A vote of confidence from AI chipmaker Nvidia is sending shares of another tech company soaring Tuesday.

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image for news Nvidia Says It's Adding This Tech Company to Its Investment Portfolio. The Stocks Are Surging.
Nokia's stock is getting a big Nvidia bump. Why the chip maker is taking a stake.
NOK, NVDA
Published: October 28, 2025 by: Market Watch
Sentiment: Positive

Networking is increasingly important in the AI race as companies look to move data more quickly.

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image for news Nokia's stock is getting a big Nvidia bump. Why the chip maker is taking a stake.
Nvidia Takes $1 Billion Stake in Nokia
NOK, NVDA
Published: October 28, 2025 by: WSJ
Sentiment: Positive

The AI chip giant will have a 2.9% ownership stake in the Finnish telecom company.

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image for news Nvidia Takes $1 Billion Stake in Nokia
Nvidia takes $1 billion stake in Nokia
NOK, NVDA
Published: October 28, 2025 by: CNBC
Sentiment: Positive

Nokia announced on Tuesday that Nvidia will purchase $1 billion in new Nokia shares, solidifying a partnership that will see Nvidia chips used to build cellular equipment.

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image for news Nvidia takes $1 billion stake in Nokia
Inside Information: NVIDIA to make USD 1.0 billion equity investment in Nokia in addition to new strategic partnership – Nokia's Board resolved on directed share issuance to NVIDIA
NOK, NVDA
Published: October 28, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationInside information28 October 2025 at 17:30 EET Inside Information: NVIDIA to make USD 1.0 billion equity investment in Nokia in addition to new strategic partnership – Nokia's Board resolved on directed share issuance to NVIDIA

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image for news Inside Information: NVIDIA to make USD 1.0 billion equity investment in Nokia in addition to new strategic partnership – Nokia's Board resolved on directed share issuance to NVIDIA
Nokia Corporation - Managers' transactions (Uitto)
NOK
Published: October 27, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationManagers' transactions27 October 2025 at 19:00 EET Nokia Corporation - Managers' transactions (Uitto) Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Uitto, Tommi Position: Other senior manager Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 127969/4/4____________________________________________ Transaction date: 2025-10-27Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI0009000681Nature of the transaction: ACQUISITION Transaction details(1): Volume: 125 Unit price: 5.3602 EUR Aggregated transactions(1): Volume: 125 Volume weighted average price: 5.3602 EUR About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that …

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image for news Nokia Corporation - Managers' transactions (Uitto)
Nokia: AI Potential Unfolding Yet Still Significantly Undervalued
NOK
Published: October 24, 2025 by: Seeking Alpha
Sentiment: Positive

Nokia remains a Strong Buy, driven by undervaluation, robust financial health, and strong dividends with buybacks on top. NOK's latest results show solid free cash flow, a stronger net cash position, and growth in AI and Cloud-driven segments, offset by margin pressures. Rate cuts and AI-driven demand are expected to boost investments, supporting NOK's long-term growth outlook amid global macro uncertainty.

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image for news Nokia: AI Potential Unfolding Yet Still Significantly Undervalued
Nokia's Q3 Earnings Beat Estimates on Healthy Top Line Growth
NOK
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Positive

NOK's Q3 results beat estimates as strength in fixed and optical networks drove solid year-over-year revenue growth.

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image for news Nokia's Q3 Earnings Beat Estimates on Healthy Top Line Growth
Nokia Oyj (NOK) Q3 2025 Earnings Call Transcript
NOK
Published: October 23, 2025 by: Seeking Alpha
Sentiment: Neutral

Nokia Oyj (NYSE:NOK ) Q3 2025 Earnings Call October 23, 2025 4:30 AM EDT Company Participants David Mulholland - Head of Investor Relations Justin Hotard - President & CEO Marco Wiren - Chief Financial Officer Conference Call Participants Artem Beletski - SEB, Research Division Simon Leopold - Raymond James & Associates, Inc., Research Division Alexander Duval - Goldman Sachs Group, Inc., Research Division Sami Sarkamies - Danske Bank A/S, Research Division Richard Kramer - Arete Research Services LLP Felix Henriksson - Nordea Markets, Research Division Robert Sanders - Deutsche Bank AG, Research Division Andrew Gardiner - Citigroup Inc., Research Division …

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image for news Nokia Oyj (NOK) Q3 2025 Earnings Call Transcript
Ratings Upgrade: What To Do After Nokia Rises Nearly 10%
NOK
Published: October 23, 2025 by: Seeking Alpha
Sentiment: Positive

Nokia (NOK) shares surged ~10% after Q3 profits exceeded expectations, driven by strong AI and cloud demand in its Optical Network division. NOK posted 11.5% Y/Y revenue growth, with notable gains in cloud, 5G Core, and successful Infinera integration supporting future performance. Despite lower dividend appeal, NOK's strategic partnerships and robust order backlog position it for continued growth and network modernization.

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image for news Ratings Upgrade: What To Do After Nokia Rises Nearly 10%
4 Stocks Traders Are Buying Hand Over Fist Today
BITF, NOK, PLUG, QBTS
Published: October 23, 2025 by: 24/7 Wall Street
Sentiment: Neutral

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image for news 4 Stocks Traders Are Buying Hand Over Fist Today
Nokia and CommScope Partner to Accelerate FTTH Deployments in APAC
NOK
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Positive

NOK's alliance with CommScope aims to speed up fiber-to-the-home rollouts across APAC through AI-driven automation and precision networking.

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image for news Nokia and CommScope Partner to Accelerate FTTH Deployments in APAC
Nokia unveils world's first 50G PON solution for post-quantum enterprise connectivity
NOK
Published: October 07, 2025 by: GlobeNewsWire
Sentiment: Neutral

Press ReleaseNokia unveils world's first 50G PON solution for post-quantum enterprise connectivity Nokia enables 50G PON on existing 25G PON line card available on Lightspan MF, delivering a flexible and future-ready solution for enterprises Both 25/50G PON solutions deliver massive capacity, quantum security and enhanced reliability essential for mission critical enterprise connectivity Passive Optical Networks provide the most efficient, reliable and secure enterprise connectivity 7 October 2025Espoo, Finland – Nokia today announced the launch of the world's first 50G PON solution designed to provide ultra-fast, post-quantum broadband connectivity for operators serving enterprises. The solution delivers massive capacity, enhanced reliability and …

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image for news Nokia unveils world's first 50G PON solution for post-quantum enterprise connectivity
Nokia announces changes to its leadership team and the creation of Technology and AI and Corporate Development Organizations
NOK
Published: September 17, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationStock Exchange Release17 September 2025 at 13:00 EEST Nokia announces changes to its leadership team and the creation of Technology and AI and Corporate Development Organizations

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image for news Nokia announces changes to its leadership team and the creation of Technology and AI and Corporate Development Organizations
Super Micro Computer: Nokia Partnership Signals A New Chapter Of Value Compounding
NOK, SMCI
Published: September 11, 2025 by: Seeking Alpha
Sentiment: Positive

Super Micro Computer is transitioning from a server vendor to a full-stack enabler of next-gen AI data centers, highlighted by its Nokia partnership. The SMCI-NOK collaboration delivers turnkey, AI-optimized data center solutions, reducing deployment time and increasing customer stickiness and pricing power for SMCI. Despite a recent stock price surge, SMCI remains attractively valued with strong forward growth metrics and a compelling PEG ratio versus tech sector peers.

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image for news Super Micro Computer: Nokia Partnership Signals A New Chapter Of Value Compounding
Nokia's Optical Solution Used by i4Networks for Data Center Interconnect
NOK
Published: September 11, 2025 by: Zacks Investment Research
Sentiment: Positive

NOK's optical solutions power i4Networks' agile DCI services in the Netherlands, while new global deals expand its fiber and IP reach.

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image for news Nokia's Optical Solution Used by i4Networks for Data Center Interconnect

About Nokia Oyj (NOK)

  • IPO Date 1994-07-01
  • Website https://www.nokia.com
  • Industry Communication Equipment
  • CEO Justin Hotard
  • Employees 78434

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial services; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers business applications software, cloud and cognitive services, core networks software, and enterprise solutions. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.