Nokia (NYSE:NOK) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Nokia (NYSE:NOK) from a sell rating to a neutral rating in a report released on Monday, Marketbeat Ratings reports.

Several other analysts have also issued reports on NOK. Santander upgraded shares of Nokia from a “neutral” rating to an “outperform” rating in a research report on Monday, February 2nd. Danske cut shares of Nokia from a “buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Morgan Stanley started coverage on Nokia in a research report on Monday, February 9th. They set an “overweight” rating and a $8.00 target price on the stock. Kepler Capital Markets upgraded Nokia from a “hold” rating to a “buy” rating in a research note on Wednesday, January 7th. Finally, Arete Research cut Nokia from a “buy” rating to a “neutral” rating in a report on Friday, March 13th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $7.01.

Nokia Trading Up 3.0%

Shares of NOK stock opened at $8.29 on Monday. The firm has a market capitalization of $47.57 billion, a P/E ratio of 63.74, a price-to-earnings-growth ratio of 2.78 and a beta of 0.76. Nokia has a 1 year low of $4.00 and a 1 year high of $8.82. The firm’s fifty day simple moving average is $7.57 and its 200 day simple moving average is $6.59. The company has a current ratio of 1.58, a quick ratio of 1.36 and a debt-to-equity ratio of 0.11.

Hedge Funds Weigh In On Nokia

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp increased its stake in Nokia by 248.7% in the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock valued at $25,000 after acquiring an additional 2,721 shares during the period. Wexford Capital LP bought a new position in Nokia during the third quarter worth about $29,000. FNY Investment Advisers LLC boosted its holdings in Nokia by 33,457.1% during the fourth quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock valued at $30,000 after purchasing an additional 4,684 shares in the last quarter. Dorato Capital Management bought a new stake in shares of Nokia in the 4th quarter valued at approximately $31,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Nokia in the 3rd quarter valued at approximately $34,000. 5.28% of the stock is owned by institutional investors.

Nokia News Roundup

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia won a multi‑year 5G RAN modernization and deployment agreement with Virgin Media O2 in the UK; the program emphasizes AirScale RAN, Massive MIMO, automation and energy efficiency — a sizable network contract that supports near‑term revenue and long‑term RAN share. Nokia wins new 5G RAN deal with Virgin Media O2
• Positive Sentiment: Nokia is deepening AI infrastructure partnerships (Blaize for APAC, Stelia for secure distributed enterprise AI) — these deals position Nokia at the intersection of mobile networks, cloud and edge AI, opening new product and services revenue pools beyond RAN hardware. Nokia and Blaize bolster AI infra for APAC
• Positive Sentiment: Stelia AI selected Nokia for secure connectivity across distributed enterprise AI environments — reinforces enterprise/edge use cases for Nokia networking and could drive software and services bookings. Stelia AI taps Nokia
• Positive Sentiment: Goldman Sachs upgraded Nokia’s stock rating, which can spur institutional buying and improve investor sentiment. Nokia Stock Rating Upgraded by The Goldman Sachs Group
• Positive Sentiment: InfiniG announced a mobile coverage platform built on Nokia AirScale D‑RAN for enterprise/building deployments — another commercial win validating Nokia’s carrier‑class solutions for private and neutral‑host markets. InfiniG Launches Industry-First Mobile Coverage Platform
• Neutral Sentiment: Reports from Nokia’s MBiT research highlight fast 5G traffic growth in India and large addressable markets — supportive market backdrop but not an immediate earnings driver. India’s 5G user base to cross 1 billion
• Neutral Sentiment: Historical/industry context pieces (e.g., Apple anniversary coverage referencing Nokia’s past handset role) are informative but unlikely to move the stock materially. Apple at 50
• Negative Sentiment: Reports say Nokia is cutting ~20% of its global workforce (~14,000 roles) — reduces near‑term opex but raises execution risk, potential one‑time charges and morale/continuity concerns. Nokia layoffs 2026
• Negative Sentiment: Nokia warned of rising telecom equipment costs, which could pressure margins if not offset by pricing or mix shifts; investors should watch guidance and margin commentary. Nokia warns of rising telecom equipment costs

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.