Nokia Oyj (NOK)

FI — Technology Sector
Peers: ERIC  HPE  ASTS  CLS  TDY  WIT  KEYS  CIEN  BR  SMCI 

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Key Metrics & Ratings

  • symbol NOK
  • Rev/Share 3.6574
  • Book/Share 3.6425
  • PB 1.8381
  • Debt/Equity 0.2076
  • CurrentRatio 1.478
  • ROIC 0.0329

 

  • MktCap 35848058862.294
  • FreeCF/Share 0.2385
  • PFCF 27.8323
  • PE 30.6587
  • Debt/Assets 0.1128
  • DivYield 0.019
  • ROE 0.0582

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 4
  • P/B Score 4
  • D/E Score 2

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

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
Super Micro Stock Is Spiking. It Unveiled an AI Partnership With Nokia.
NOK, SMCI
Published: September 09, 2025 by: Barrons
Sentiment: Positive

The AI server maker is working with Nokia to create an integrated data-center solution.

Read More
image for news Super Micro Stock Is Spiking. It Unveiled an AI Partnership With Nokia.
Nokia, Supermicro Join Forces for AI-Optimized Data Center Solutions
NOK
Published: September 09, 2025 by: Zacks Investment Research
Sentiment: Positive

NOK partners with Supermicro to deliver AI-optimized data center networking solutions focused on performance, scalability and automation.

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image for news Nokia, Supermicro Join Forces for AI-Optimized Data Center Solutions
Nokia Chosen by City of Superior to Build Fiber Network in Wisconsin
NOK
Published: September 08, 2025 by: Zacks Investment Research
Sentiment: Positive

NOK is set to supply fiber and IP solutions for Superior's city-owned broadband network, extending ultra-fast Internet to 26,000 residents.

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image for news Nokia Chosen by City of Superior to Build Fiber Network in Wisconsin
Nokia opens new state-of-the-art R&D and manufacturing campus to deliver next-generation networks built for AI
NOK
Published: September 05, 2025 by: GlobeNewsWire
Sentiment: Neutral

Press Release Nokia opens new state-of-the-art R&D and manufacturing campus to deliver next-generation networks built for AI New campus in Oulu, Finland – the “Home of Radio” – will deliver high-performance, resilient and trusted radio networks. It is the world's most advanced hub for the entire lifecycle of 5G and 6G radio innovation, ensuring that secure 5G and 6G networks are designed, tested and built in Europe.

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image for news Nokia opens new state-of-the-art R&D and manufacturing campus to deliver next-generation networks built for AI
Nokia selected by the City of Superior for new fiber network in Wisconsin
NOK
Published: September 04, 2025 by: GlobeNewsWire
Sentiment: Neutral

Press Release Nokia selected by the City of Superior for new fiber network in Wisconsin Nokia next-generation fiber and IP solutions to help City of Superior provide fast, reliable broadband services to its community. The city will own and operate a new wholesale open-access fiber network which ISPs can use to deliver broadband services.

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image for news Nokia selected by the City of Superior for new fiber network in Wisconsin
Nokia, EBB Team Up to Upgrade AI Data Centers Across Malaysia
NOK
Published: September 02, 2025 by: Zacks Investment Research
Sentiment: Positive

NOK secures a deal with Extreme Broadband to power Open DC's AI data centers in Malaysia with secure, scalable IP solutions.

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image for news Nokia, EBB Team Up to Upgrade AI Data Centers Across Malaysia
Nokia Chosen by Vortex to Upgrade IP Edge & Transport for Broadband
NOK
Published: September 01, 2025 by: Zacks Investment Research
Sentiment: Positive

NOK will upgrade Vortex Group's network across three Indian states, boosting broadband speeds and enabling scalable, future-ready connectivity.

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image for news Nokia Chosen by Vortex to Upgrade IP Edge & Transport for Broadband
Nokia and MX Fiber Expand Gigabit Connectivity Across Southeast Mexico
NOK
Published: August 14, 2025 by: Zacks Investment Research
Sentiment: Positive

NOK deploys a 1,800 km high-speed optical network for MX Fiber, boosting digital access and economic growth in Southeast Mexico.

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image for news Nokia and MX Fiber Expand Gigabit Connectivity Across Southeast Mexico
Nokia powers Surge's subsea network, boosting affordable broadband for millions in Indonesia
NOK
Published: July 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

Press ReleaseNokia powers Surge's subsea network, boosting affordable broadband for millions in Indonesia Surge's new subsea network will enhance regional data center interconnectivity while expanding affordable broadband access to over 40 million people across Indonesia. Leveraging Nokia's 1830 Photonic Service Switch (PSS) platform, Surge can now deliver high-speed optical transmission between Indonesia and Singapore.

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image for news Nokia powers Surge's subsea network, boosting affordable broadband for millions in Indonesia
Nokia's Q2 Earnings Miss Estimates on Weakness in Mobile Networks
NOK
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Negative

NOK misses second-quarter estimates as Mobile Networks drag earnings, despite gains in Network Infrastructure and Cloud Services.

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image for news Nokia's Q2 Earnings Miss Estimates on Weakness in Mobile Networks
Inside Information: Nokia lowers 2025 operating profit guidance due to currency
NOK
Published: July 22, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationInside information22 July 2025 at 19:00 EEST Inside Information: Nokia lowers 2025 operating profit guidance due to currency

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image for news Inside Information: Nokia lowers 2025 operating profit guidance due to currency
Changes in Nokia Corporation's own shares
NOK
Published: July 21, 2025 by: GlobeNewsWire
Sentiment: Neutral

Nokia CorporationStock Exchange Release21 July 2025 at 14:00 EEST Changes in Nokia Corporation's own shares Espoo, Finland – A total of 11 148 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 plans as announced on 22 November 2024. The number of own shares held by Nokia Corporation following the transfer is 64 685 389.

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image for news Changes in Nokia Corporation's own shares
Nokia: Mispriced 5G Leader Poised For A Great Future
NOK
Published: July 09, 2025 by: Seeking Alpha
Sentiment: Positive

Nokia is deeply undervalued, with strong fundamentals, a robust balance sheet, and significant upside potential, making it a Strong Buy, given the long-term potential. The company is well-positioned for the 5G and 6G transition, supported by a leading patent portfolio, strategic acquisitions, and favorable geopolitical tailwinds. Nokia's solid cash flows, sustainable dividends, and low debt provide flexibility for future investments, despite near-term risks like tariffs and CEO transition uncertainty.

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image for news Nokia: Mispriced 5G Leader Poised For A Great Future

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.