Nokia (NYSE:NOK) Shares Gap Down – Here’s Why

Nokia Corporation (NYSE:NOK)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $11.13, but opened at $10.04. Nokia shares last traded at $10.1050, with a volume of 24,161,698 shares changing hands.

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.

Analyst Ratings Changes

Several research firms have weighed in on NOK. Danske raised Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. Northland Securities set a $20.00 target price on shares of Nokia in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. upped their price target on shares of Nokia from $14.00 to $21.00 and gave the stock an “overweight” rating in a research report on Friday, June 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a research note on Friday, September 4th. Finally, Rosenblatt Securities assumed coverage on shares of Nokia in a research note on Tuesday. They set a “buy” rating and a $15.00 price objective on the stock. Thirteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Nokia Price Performance

The business has a fifty day moving average of $10.21 and a two-hundred day moving average of $11.09. 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 firm has a market capitalization of $56.47 billion, a price-to-earnings ratio of 70.24, a price-to-earnings-growth ratio of 1.14 and a beta of 1.21.

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

Institutional Investors Weigh In On Nokia

Several hedge funds have recently bought and sold shares of the stock. J2 Capital Management Inc increased its holdings in shares of Nokia by 2.0% in the first quarter. J2 Capital Management Inc now owns 68,204 shares of the technology company’s stock worth $548,000 after purchasing an additional 1,319 shares during the period. Syon Capital LLC boosted its stake in Nokia by 12.7% during the second quarter. Syon Capital LLC now owns 11,730 shares of the technology company’s stock valued at $156,000 after buying an additional 1,321 shares during the period. Kathmere Capital Management LLC grew its position in Nokia by 14.0% during the first quarter. Kathmere Capital Management LLC now owns 12,081 shares of the technology company’s stock worth $97,000 after buying an additional 1,483 shares in the last quarter. Assetmark Inc. increased its stake in Nokia by 12.1% in the 1st quarter. Assetmark Inc. now owns 14,704 shares of the technology company’s stock worth $118,000 after acquiring an additional 1,591 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in shares of Nokia by 5.7% in the 4th quarter. Truist Financial Corp now owns 30,394 shares of the technology company’s stock valued at $197,000 after acquiring an additional 1,645 shares in the last quarter. 5.28% of the stock is currently owned by institutional investors and hedge funds.

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.