Rosenblatt Securities Upgrades Nokia (NYSE:NOK) to “Strong-Buy”

Nokia (NYSE:NOK) was upgraded by investment analysts at Rosenblatt Securities to a “strong-buy” rating in a research note issued to investors on Monday, Zacks reports.

A number of other research analysts have also recently commented on the stock. Northland Securities set a $20.00 target price on shares of Nokia in a research report on Wednesday, June 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nokia in a report on Friday, September 4th. JPMorgan Chase & Co. boosted their price objective on shares of Nokia from $14.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, June 12th. Morgan Stanley reissued an “overweight” rating on shares of Nokia in a research report on Friday, May 22nd. Finally, Danske upgraded Nokia from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $14.00.

Nokia Stock Performance

Shares of NYSE:NOK opened at $9.83 on Monday. The business’s 50-day simple moving average is $10.21 and its 200 day simple moving average is $11.09. The company has a market cap of $56.47 billion, a P/E ratio of 70.24, a PEG ratio of 1.14 and a beta of 1.21. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.22 and a current ratio of 1.50. Nokia has a one year low of $4.53 and a one year high of $17.45.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NOK. Sequoia Financial Advisors LLC raised its position in shares of Nokia by 15.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 112,046 shares of the technology company’s stock valued at $1,488,000 after acquiring an additional 14,657 shares in the last quarter. Tidal Investments LLC boosted its holdings in Nokia by 47.2% in the second quarter. Tidal Investments LLC now owns 177,142 shares of the technology company’s stock worth $2,352,000 after purchasing an additional 56,807 shares during the period. Bienville Capital Management LLC acquired a new position in Nokia in the second quarter worth $1,754,000. Engineers Gate Manager LP increased its stake in Nokia by 19.2% during the second quarter. Engineers Gate Manager LP now owns 1,864,080 shares of the technology company’s stock valued at $24,755,000 after purchasing an additional 300,807 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Nokia by 155.7% during the second quarter. NewEdge Advisors LLC now owns 37,812 shares of the technology company’s stock worth $502,000 after purchasing an additional 23,024 shares during the period. 5.28% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Rosenblatt Securities initiated coverage with a Buy rating and a $15 price target, implying substantial upside from the recent trading level. Another analyst described Nokia as an AI-optical “dark horse” trading at a conservative valuation. Benzinga analyst coverage article
• Positive Sentiment: Telxius selected Nokia’s 800G coherent pluggable technology to expand international network capacity for cloud, AI and data-center traffic. The deployment could reinforce Nokia’s position in high-growth optical networking and improve network efficiency. Telecoms.com Telxius deployment article
• Positive Sentiment: ESpanix is deploying Nokia’s Deepfield Defender across Madrid and Barcelona to protect more than 200 networks from distributed denial-of-service attacks. The contract provides a real-world reference for Nokia’s network-security and software expansion. Zacks DDoS security article
• Positive Sentiment: NTT Docomo’s deployment of Nokia multi-vendor Open RAN equipment adds another operator reference and supports Nokia’s efforts to expand in next-generation telecom infrastructure. Light Reading Open RAN article
• Neutral Sentiment: Nokia is tied to a $3.5 billion AI-funding test, potentially increasing investor attention on AI infrastructure opportunities, but the report does not establish a direct contract or near-term revenue impact. Yahoo Finance AI funding article
• Neutral Sentiment: A Seeking Alpha upgrade to Hold notes strong comparable sales growth, improving margins, rapid AI and Cloud growth, and substantial 2026 profit and free-cash-flow guidance. However, the rating reflects a balance between AI upside and macroeconomic risks. Seeking Alpha Nokia valuation article
• Negative Sentiment: Nokia shares recently fell sharply amid broader weakness in technology stocks, with concerns about macro conditions and valuation overshadowing otherwise favorable AI and networking developments. The volatility may continue until investors see clearer evidence that these wins translate into higher earnings.

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.