1,243,842 Shares of Nokia Corporation $NOK Acquired by Generate Investment Management Ltd

Generate Investment Management Ltd acquired a new stake in shares of Nokia Corporation (NYSE:NOK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,243,842 shares of the technology company’s stock, valued at approximately $12,613,000.

A number of other large investors also recently bought and sold shares of NOK. ARGA Investment Management LP lifted its holdings in Nokia by 166.4% during the first quarter. ARGA Investment Management LP now owns 20,388,202 shares of the technology company’s stock worth $163,921,000 after buying an additional 12,734,021 shares during the period. Renaissance Technologies LLC boosted its position in Nokia by 131.3% during the 1st quarter. Renaissance Technologies LLC now owns 13,294,780 shares of the technology company’s stock valued at $106,890,000 after acquiring an additional 7,546,000 shares in the last quarter. Troluce Capital Advisors LLC bought a new stake in Nokia during the 1st quarter valued at $20,100,000. TSP Capital Management Group LLC increased its holdings in shares of Nokia by 1.2% in the 1st quarter. TSP Capital Management Group LLC now owns 2,495,192 shares of the technology company’s stock valued at $20,061,000 after acquiring an additional 28,600 shares during the period. Finally, Atreides Management LP purchased a new position in shares of Nokia in the 1st quarter valued at $19,955,000. Institutional investors own 5.28% of the company’s stock.

Nokia Stock Down 3.5%

NYSE NOK traded down $0.34 during trading on Wednesday, hitting $9.52. The company’s stock had a trading volume of 43,723,359 shares, compared to its average volume of 80,499,133. Nokia Corporation has a fifty-two week low of $5.45 and a fifty-two week high of $17.45. The company has a market cap of $54.64 billion, a PE ratio of 68.09, a P/E/G ratio of 1.18 and a beta of 1.19. 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 business’s 50 day simple moving average is $10.25 and its 200-day simple moving average is $11.42.

Nokia (NYSE:NOK) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The firm had revenue of $5.50 billion for the quarter, compared to the consensus estimate 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 quarter in the prior year, the company posted $0.04 earnings per share. On average, equities analysts anticipate that Nokia Corporation will post 0.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on NOK shares. Rosenblatt Securities initiated coverage on Nokia in a research report on Tuesday, September 15th. They issued a “buy” rating and a $15.00 price target for the company. Danske upgraded Nokia from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. Barclays reiterated a “sell” rating on shares of Nokia in a research note on Monday, June 29th. B. Riley Financial assumed coverage on shares of Nokia in a report on Thursday, September 17th. They issued a “buy” rating and a $15.00 target price for the company. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Nokia in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.57.

Key Headlines Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia introduced a multi-PON line card supporting 50G, 25G and 10G connectivity, with speeds of up to 50Gbps, lower latency and quantum-safe security. The product could help telecom operators expand fiber capacity for AI-related traffic while limiting the need for costly network overhauls. Nokia adds 50G PON to its multi-PON line card
• Positive Sentiment: Analysts point to potential catalysts including growth in Nokia’s IP Networks business, additional sales of non-core assets and the rollout of AI-RAN solutions with major telecom customers. These initiatives could improve Nokia’s strategic focus and support longer-term profit growth.
• Positive Sentiment: Nokia agreed to sell its Enterprise Campus Edge business to private-equity firm AURELIUS, with closing expected in the first half of 2027. Although the unit provides private wireless and edge solutions, the divestiture supports Nokia’s portfolio simplification and allows capital to be concentrated on businesses where it sees stronger differentiation. Nokia sells Enterprise Campus Edge business to Aurelius
• Neutral Sentiment: Nokia’s upcoming third-quarter report is the key near-term catalyst. Investors will focus on whether AI and cloud-related demand is improving revenue, margins and cash generation, while also assessing the effect of restructuring and recent asset sales. NOK Gears Up to Report Q3 Earnings
• Negative Sentiment: After rising more than 50% over the past year on AI-infrastructure enthusiasm, Nokia shares have begun giving back some gains. The stock’s premium valuation leaves less room for disappointing results, particularly if the company cannot convert AI-related demand into sustained profitability.
• Negative Sentiment: The Enterprise Campus Edge divestiture initially weighed on sentiment because it removes a business from Nokia’s revenue base and adds uncertainty about the company’s earnings mix before the transaction closes. Investors are also cautious amid broader telecom-sector weakness and profit-taking ahead of earnings.

Nokia Profile

Nokia Oyj is a Finland-based technology company that develops and supplies communications networking equipment, software and related services. Its offerings support mobile and fixed broadband networks, including radio access networks, core networks, fiber and other fixed-access technologies, IP routing, optical networking, private wireless systems, cloud networking and network automation.

The company serves telecommunications operators, governments, enterprises and other organizations worldwide.