Nokia Corporation (NYSE:NOK) Given Consensus Rating of “Moderate Buy” by Analysts

Nokia Corporation (NYSE:NOK) has received an average recommendation of “Moderate Buy” from the nineteen ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $14.1212.

Several brokerages recently weighed in on NOK. Morgan Stanley restated an “overweight” rating on shares of Nokia in a research report on Friday, May 22nd. B. Riley Financial began coverage on shares of Nokia in a report on Thursday. They issued a “buy” rating and a $15.00 target price for the company. JPMorgan Chase & Co. upped their price target on shares of Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, June 12th. Rosenblatt Securities started coverage on shares of Nokia in a research report on Tuesday. They issued a “buy” rating and a $15.00 price objective on the stock. Finally, Danske raised shares of Nokia from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st.

Key Headlines Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Expanded Microsoft partnership strengthens Nokia’s AI narrative. Nokia and Microsoft plan to combine Nokia Data Suite with Microsoft Fabric, giving telecom operators faster access to network data and supporting AI agents for automated, multi-vendor network operations. The initiative could improve Nokia’s positioning in telecom AI, cloud networking and optical infrastructure. Nokia stock jumps as Microsoft AI data partnership expands
• Positive Sentiment: AI-RAN trials and capacity expansion are supporting expectations for future growth. Nokia is advancing trials with operators across several regions, while reports point to surging AI-related orders and expanding production capacity. Successful deployments could translate into greater demand for Nokia’s radio, optical and data-networking products. Nokia Expands AI-RAN Trials with Telecom Operators Across Four Regions
• Positive Sentiment: Analyst coverage has turned more favorable. Rosenblatt upgraded Nokia to “strong buy,” while B. Riley initiated coverage with a “buy” rating and a $15 price target, implying substantial upside from the reported $10.61 share price. Jim Cramer also endorsed NOK as an AI-supercycle beneficiary, potentially adding retail-investor interest. Nokia Jumps as AI-RAN Trials Expand
• Neutral Sentiment: Investor enthusiasm remains dependent on execution. Nokia’s AI initiatives are promising, but many benefits remain tied to trials converting into commercial contracts. Cramer’s bullish commentary may support sentiment, although it is not a fundamental earnings catalyst. Nokia’s elevated valuation relative to its modest profitability also leaves room for volatility if growth disappoints.

Nokia Trading Up 4.6%

Shares of Nokia stock opened at $10.61 on Friday. Nokia has a fifty-two week low of $4.63 and a fifty-two week high of $17.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.22 and a current ratio of 1.50. The company has a market capitalization of $60.93 billion, a P/E ratio of 75.79, a P/E/G ratio of 1.20 and a beta of 1.21. The company has a fifty day moving average of $10.13 and a 200 day moving average of $11.13.

Nokia (NYSE:NOK) last posted its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $5.50 billion for the quarter, compared to analysts’ expectations of $5.57 billion. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The business’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period last year, the firm earned $0.04 earnings per share. On average, sell-side analysts anticipate that Nokia will post 0.39 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nokia

A number of large investors have recently bought and sold shares of the business. Smithfield Trust Co purchased a new stake in Nokia in the fourth quarter worth $35,000. Huntington National Bank grew its holdings in shares of Nokia by 1,138.4% in the fourth quarter. Huntington National Bank now owns 7,344 shares of the technology company’s stock worth $48,000 after purchasing an additional 6,751 shares during the last quarter. IFP Advisors Inc increased its stake in Nokia by 1,152.7% in the 2nd quarter. IFP Advisors Inc now owns 7,942 shares of the technology company’s stock worth $105,000 after buying an additional 7,308 shares during the period. Marathon Trading Investment Management LLC purchased a new position in Nokia in the 4th quarter worth about $65,000. Finally, HighMark Wealth Management LLC lifted its holdings in Nokia by 250,000.0% during the 4th quarter. HighMark Wealth Management LLC now owns 10,004 shares of the technology company’s stock valued at $65,000 after buying an additional 10,000 shares in the last quarter. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Nokia Company Profile

Nokia Corporation is a Finland-based technology company that provides communications and networking equipment, software, and related services to telecommunications operators, enterprises, governments, and other organizations worldwide. Its offerings support the design, deployment, management, and modernization of fixed and mobile communications networks.

The company’s business includes mobile network infrastructure, radio access networks, core networks, cloud networking, broadband access, optical networking, IP routing, data-center networking, and network automation.