Nokia (NYSE:NOK) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Nokia (NYSE:NOK) from a hold rating to a buy rating in a research report sent to investors on Wednesday, Marketbeat Ratings reports.

Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nokia in a research report on Monday, December 22nd. Jefferies Financial Group raised Nokia from a “hold” rating to a “buy” rating in a report on Tuesday, October 28th. New Street Research set a $6.57 price objective on Nokia in a research report on Thursday, November 20th. Northland Securities set a $7.50 target price on Nokia in a research report on Friday, October 24th. Finally, UBS Group restated a “neutral” rating on shares of Nokia in a research note on Tuesday, October 28th. Eight investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5.95.

Nokia Price Performance

NOK stock opened at $6.49 on Wednesday. Nokia has a 1 year low of $4.00 and a 1 year high of $8.19. The firm has a market capitalization of $37.24 billion, a P/E ratio of 36.03 and a beta of 0.77. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.48 and a quick ratio of 1.23. The business’s 50-day moving average is $6.45 and its two-hundred day moving average is $5.42.

Nokia (NYSE:NOK) last released its earnings results on Thursday, October 23rd. The technology company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. Nokia had a net margin of 4.65% and a return on equity of 8.24%. The firm had revenue of $5.61 billion for the quarter, compared to analyst estimates of $4.67 billion. During the same period in the prior year, the firm earned $0.06 earnings per share. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. Analysts anticipate that Nokia will post 0.34 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC purchased a new stake in shares of Nokia in the first quarter valued at about $45,207,000. Atria Investments Inc lifted its position in Nokia by 214.7% in the second quarter. Atria Investments Inc now owns 84,067 shares of the technology company’s stock valued at $435,000 after purchasing an additional 57,350 shares during the period. AdvisorShares Investments LLC purchased a new stake in Nokia in the 2nd quarter valued at approximately $1,059,000. Penserra Capital Management LLC increased its position in Nokia by 51.7% during the 2nd quarter. Penserra Capital Management LLC now owns 5,623,955 shares of the technology company’s stock worth $29,132,000 after purchasing an additional 1,916,098 shares during the period. Finally, TSP Capital Management Group LLC raised its stake in shares of Nokia by 8.8% during the 3rd quarter. TSP Capital Management Group LLC now owns 2,473,592 shares of the technology company’s stock worth $11,898,000 after buying an additional 200,400 shares in the last quarter. Institutional investors and hedge funds own 5.28% of the company’s stock.

More Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Kepler Cheuvreux upgraded Nokia to “Buy”, citing that a sales recovery is near; the upgrade has supported bullish positioning in the stock. Nokia upgraded to “buy” by Kepler Cheuvreux as sales recovery nears; stock up 4%
• Positive Sentiment: Unusually large volume of call options was reported, indicating short‑term bullish speculative interest or hedging by institutional players. Traders Buy Large Volume of Nokia Call Options (NYSE:NOK)
• Positive Sentiment: Nokia signed a licence agreement with Hisense that ends all patent-related litigation — removes legal overhang and secures recurring licensing revenue. Nokia signs licence agreement with Hisense, ending all patent-related litigation
• Positive Sentiment: Nokia won infrastructure work with KPN to deliver an 800G‑ready core network in the Netherlands — a revenue‑bearing contract that underlines demand for its telecom equipment. Nokia strengthens KPN’s Dutch digital infrastructure with 800G-ready core network
• Positive Sentiment: Telit Cinterion and Nokia announced collaboration to deliver mission‑critical connectivity and edge intelligence for AI‑powered industrial operations — expands addressable market in industrial IoT and edge AI. Telit Cinterion and Nokia to Deliver Next-Generation Connectivity and Edge Intelligence for AI-Powered Industrial Operations
• Positive Sentiment: Analyst and media bullishness (e.g., Fool profile) frames Nokia as well positioned in next‑gen mobile/connectivity markets, which can attract growth‑oriented flows. 3 No-Brainer Next-Gen Technology Stocks to Buy Right Now
• Neutral Sentiment: Market commentary questions whether Nokia’s recent telecom infrastructure momentum is fully reflected in its price — useful analytic perspective but not new company-specific news. Is Nokia Oyj (HLSE:NOKIA) Pricing In Its Recent Telecom Infrastructure Momentum?
• Neutral Sentiment: Jim Cramer noted Nokia faces tough competition from Apple in some markets — a commentary point that highlights competitive risks but not a new catalyst. Jim Cramer Says “Nokia Is Tough Because It’s Up Against Apple”
• Neutral Sentiment: Lighthearted viral story about a Libyan trader receiving phones ordered in 2010 — PR noise with no material business impact. Libyan trader receives Nokia phones ordered in 2010 after 16-year delay, video goes viral

About Nokia

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.