Nokia (NYSE:NOK) Hits New 1-Year High – Should You Buy?

Nokia Corporation (NYSE:NOK)’s share price reached a new 52-week high on Monday . The company traded as high as $10.58 and last traded at $10.5850, with a volume of 12864981 shares. The stock had previously closed at $10.31.

Nokia News Summary

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Analyst preview suggests strong Q1 revenue momentum from AI network demand, 5G deployments and partner-led deals that could support upside to estimates when Nokia reports results. Nokia to Report Q1 Earnings: Can Strong Revenues Drive Growth?
• Positive Sentiment: NVIDIA collaboration: Nokia and NVIDIA said their partnership will accelerate AI-RAN deployments across operators — a strategic win if it helps Nokia capture higher-value AI networking revenue and strengthen competitive positioning. Nokia and NVIDIA collaboration accelerates AI-RAN deployment across global operators
• Positive Sentiment: Options flow showed heavy call buying (roughly 107k calls), indicating speculative or institutional bullish positioning ahead of earnings — short-term positive technical/flow signal. (No link available)
• Positive Sentiment: Partnership wins and product positioning: coverage highlights a Dell + Nokia + Intel Xeon tie-up to power 5G edge networks, which supports Nokia’s edge and cloud networking TAM exposure. Intel secures another Xeon win as Dell, Nokia team up to power 5G edge networks
• Positive Sentiment: Strategic portfolio move: Nokia is spinning off its Modul8 space communications venture (deal with Celestial Acquisition Corp.), which could unlock value and let management focus on core telecom/AI networking businesses. Nokia to offload Modul8 space communications business venture
• Neutral Sentiment: Company share transfer: Nokia transferred 121,013 treasury shares to settle equity-based incentive plan awards. It’s a routine employee-compensation action (minor dilution in effect but not a capital raise). Changes in Nokia Corporation’s own shares
• Neutral Sentiment: Media/tag updates (Moneycontrol entries) and legacy device coverage are background noise and unlikely to move the stock materially. Nokia 603 Updates

Analyst Ratings Changes

A number of research firms have recently weighed in on NOK. Morgan Stanley began coverage on shares of Nokia in a report on Monday, February 9th. They set an “overweight” rating and a $8.00 target price for the company. Northland Securities set a $13.00 target price on shares of Nokia in a report on Monday. Arete Research lowered shares of Nokia from a “buy” rating to a “neutral” rating in a report on Friday, March 13th. Citigroup reiterated a “sell” rating on shares of Nokia in a report on Friday, January 23rd. Finally, Argus upgraded shares of Nokia to a “hold” rating in a report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Nokia has an average rating of “Moderate Buy” and an average target price of $8.83.

Nokia Stock Down 1.8%

The stock’s 50 day simple moving average is $8.39 and its two-hundred day simple moving average is $7.09. The firm has a market cap of $59.75 billion, a P/E ratio of 80.04, a P/E/G ratio of 1.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 1.36.

Nokia (NYSE:NOK) last announced its earnings results on Thursday, March 5th. The technology company reported $0.11 earnings per share for the quarter. Nokia had a net margin of 3.41% and a return on equity of 8.54%. The business had revenue of $7.19 billion during the quarter. As a group, research analysts forecast that Nokia Corporation will post 0.4 earnings per share for the current year.

Institutional Investors Weigh In On Nokia

Institutional investors and hedge funds have recently made changes to their positions in the company. Jefferies Financial Group Inc. bought a new stake in shares of Nokia during the third quarter valued at approximately $4,595,000. Penserra Capital Management LLC increased its position in shares of Nokia by 38.0% during the third quarter. Penserra Capital Management LLC now owns 7,760,500 shares of the technology company’s stock valued at $37,328,000 after acquiring an additional 2,136,545 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Nokia by 35,010.3% during the third quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company’s stock valued at $60,871,000 after acquiring an additional 12,619,099 shares in the last quarter. Polar Asset Management Partners Inc. bought a new stake in shares of Nokia during the third quarter valued at approximately $11,910,000. Finally, TSP Capital Management Group LLC increased its position in shares of Nokia by 8.8% during the third quarter. TSP Capital Management Group LLC now owns 2,473,592 shares of the technology company’s stock valued at $11,898,000 after acquiring an additional 200,400 shares in the last quarter. Institutional investors own 5.28% of the company’s stock.

Nokia Company Profile

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.