Tidal Investments LLC Has $2.35 Million Stock Holdings in Nokia Corporation $NOK

Tidal Investments LLC lifted its position in shares of Nokia Corporation (NYSE:NOK) by 47.2% during the second quarter, HoldingsChannel reports. The firm owned 177,142 shares of the technology company’s stock after buying an additional 56,807 shares during the quarter. Tidal Investments LLC’s holdings in Nokia were worth $2,352,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bienville Capital Management LLC acquired a new stake in Nokia during the 2nd quarter worth $1,754,000. Engineers Gate Manager LP grew its stake in Nokia by 19.2% in 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 acquiring an additional 300,807 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Nokia by 155.7% in the second quarter. NewEdge Advisors LLC now owns 37,812 shares of the technology company’s stock worth $502,000 after acquiring an additional 23,024 shares in the last quarter. IFP Advisors Inc raised its position in shares of Nokia by 1,152.7% during the second quarter. IFP Advisors Inc now owns 7,942 shares of the technology company’s stock worth $105,000 after purchasing an additional 7,308 shares during the period. Finally, Baird Financial Group Inc. raised its position in shares of Nokia by 9.8% during the second quarter. Baird Financial Group Inc. now owns 113,196 shares of the technology company’s stock worth $1,503,000 after purchasing an additional 10,084 shares during the period. Institutional investors and hedge funds own 5.28% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on NOK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a research report on Friday, September 4th. Rosenblatt Securities began coverage on shares of Nokia in a report on Tuesday. They set a “buy” rating and a $15.00 target price on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Nokia in a report on Friday, May 22nd. Danske raised shares of Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. raised 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. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Nokia presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.

Nokia News Summary

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: AI-RAN momentum is the primary catalyst. Nokia said it is advancing AI-RAN trials with eight operators across four regions, supporting the view that its radio-access-network business could benefit as telecom companies deploy AI-enabled infrastructure. Nokia Advances AI-RAN Adoption Across Global Operator Trials
• Positive Sentiment: Analyst upgrades added credibility to the rally. Rosenblatt Securities initiated coverage with a “strong-buy” rating and a $15 price target, implying substantial upside from recent levels. Separately, other commentary highlighted Nokia’s optical networking exposure to AI and cloud customers, while Jim Cramer recommended buying the stock. Cramer’s Lightning Round: Buy Nokia
• Positive Sentiment: New commercial deployments reinforce Nokia’s growth story. Telxius selected Nokia’s 800G coherent pluggable technology to expand international network capacity for cloud, AI, and data-center traffic, potentially supporting optical-networking revenue and energy-efficiency gains. Telxius Boosts Global Network Capacity and Efficiency With Nokia 800G Deployment
• Positive Sentiment: Nokia is expanding in security and defense. Nokia Defense and C3IA agreed to accelerate digital transformation across UK defense operations, while Spanish internet exchange ESpanix is deploying Nokia’s Deepfield Defender DDoS protection across more than 200 networks. These deals broaden Nokia’s software and cybersecurity opportunities. Nokia Defense and C3IA Partnership
• Neutral Sentiment: Investors are balancing growth potential against valuation and execution risk. Recent coverage points to strong AI and cloud growth and a more attractive valuation after a selloff, but Nokia’s earnings multiple remains elevated and the company must convert trials and deployments into sustained revenue and margin gains.

Nokia Stock Up 3.1%

NOK stock opened at $10.14 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.50 and a quick ratio of 1.22. The stock has a market capitalization of $58.23 billion, a P/E ratio of 72.44, a P/E/G ratio of 1.16 and a beta of 1.21. Nokia Corporation has a fifty-two week low of $4.62 and a fifty-two week high of $17.45. The business has a 50-day moving average of $10.17 and a 200-day moving average of $11.11.

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. The firm had revenue of $5.50 billion during the quarter, compared to the consensus estimate of $5.57 billion. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The business’s revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.04 EPS. On average, sell-side analysts anticipate that Nokia Corporation will post 0.39 earnings per share for the current fiscal year.

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.