contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Atte Riikola

Nokia is a global telecommunications company. The company offers solutions in IP, broadband, digital health, and cloud-based systems. The customers are found in a broad base of markets and consist of large corporate customers, authorities, and private consumers. The business is established on a global level in all regions. Nokia was founded in 1865 and the head office is located in Esbo, Finland.

About this Hisense deal: tens of millions per year and even for back payments something “small”. Personally, I’d perhaps go with Kink at the lower end of the range.  Estimate of royalty / catch-up payments — realistic view Because the deal terms are confidential, we can only estimate based on similar licensing deals and Nokia’s public disclosure patterns: For a TV maker like Hisense:   Hisense ships ~25–29 million TVs per year globally.   If even a modest per-unit royalty applies (e.g., €1–€3 per unit), that suggests tens of millions per year in royalties, plus some catch-up if past use was unlicensed.   Rough illustrative ballpark (not confirmed):   Ongoing annual royalties: perhaps €25–€80 million   Catch-up (one-off for prior years): €20–€100 million+    These numbers are estimates based on typical licensing economics and should not be cited as official figures. Neither Nokia nor Hisense have published concrete numbers for this deal.

A small amusing observation about this: Success rate: 53%, average return 4.5%. Flip a coin. This analyst should invest in funds, unless I misunderstood these estimates.

New Sell Rating for Nokia (0HAF), the Technology Giant . Barclays piti Nokian osakkeen myyntisuosituksensa. Yhtiön osakkeet sulkeutuivat viime keskiviikkona hintaan 5,57 euroa.   TipRanks Auto-Generated Intelligence NewsdeskJan 09, 2026, 04:25 AM   https://www.tipranks.com/news/blurbs/new-sell-rating-for-nokia-0haf-the-technology-giant-blurbs-3?mod=mw_quote_news

And one more from yesterday.  ABG Sundal Collier raises target price for Nokia to EUR 6.40 from EUR 5.80. Reiterates buy recommendation.  According to Factset, the average target is already €6.07. TradingView doesn’t seem to have updated with the latest ones, and the target is €5.904 according to it.

Nokia signs license agreement with Hisense ending all patent-related litigation https://www.nokia.com/newsroom/nokia-signs-license-agreement-with-hisense-ending-all-patent-related-litigation/ Telit Cinterion and Nokia Collaborate to Deliver Next-Gen Mission-Critical Connectivity https://www.marketwatch.com/press-release/telit-cinterion-and-nokia-collaborate-to-deliver-next-generation-mission-critical-connectivity-and-edge-intelligence-for-ai-powered-industrial-operations-2bd03b8e?mod=mw_quote_news_seemore

STOCKHOLM (Nyhetsbyrån Direkt) ABG Sundal Collier raises the target price for Nokia to 6.40 from 5.80 euros. The buy recommendation is reiterated.

I wonder if it was about this. Quite a substantial target price hike, even though the negative recommendation remained. Personally, I can only find 3 negative recommendations for the stock at the moment, including this one.  Barclays Capital raises its target price for Nokia to EUR 4.70 from EUR 3.40. The underweight recommendation is reiterated.

Nokia

Nokia kommer att investera 4 miljarder dollar för att påskynda innovation inom AI-redo mobil-, fasta nätverks-, IP-, optiska och datacenter-nätverksteknologier. 


Automatisk &#xf6;vers&#xe4;ttning: Ursprungligen publicerad p&#xe5; finska 2025-11-24 05:51 GMT. Ge feedback <a href="https://forms.office.com/e/Q3HWRqeAY2">h&#xe4;r</a>.Nokia <a href="https://www.nokia.com/newsroom/nokia-plans-to-expand-us-investment-by-4-billion-in-rd-and-manufacturing-for-ai-ready-network-connectivity/">meddelade</a> p&#xe5; fredagen sina planer p&#xe5; att ut&#xf6;ka sin forsknings- och utvecklings- samt produktionskapacitet i USA. Nokia kommer att investera 4 miljarder dollar f&#xf6;r att p&#xe5;skynda innovation inom AI-redo mobil-, fasta n&#xe4;tverks-, IP-, optiska- och datacenter-n&#xe4;tverksteknologier. Investeringen kommer att f&#xf6;rdelas &#xf6;ver flera &#xe5;r och &#xe4;r en forts&#xe4;ttning p&#xe5; f&#xf6;rv&#xe4;rvet av Infinera och Infinera tidigare meddelade investering p&#xe5; 456 MEUR i tv&#xe5; produktionsanl&#xe4;ggningar i USA.
De investeringsplaner som meddelades i pressmeddelandet kom inte som en &#xf6;verraskning, eftersom Nokia redan vid den nyligen h&#xe5;llna <a href="https://www.inderes.fi/research/nokia-cmd-realistiset-tavoitteet-eivat-riittaneet-ai-huumassa-keulineelle-osakkeelle">kapitalmarknadsdagen</a> meddelade att de skulle &#xf6;ka sina investeringar i USA. Nokias produktutvecklingskostnader uppgick till &#xf6;ver 4 miljarder euro f&#xf6;rra &#xe5;ret, s&#xe5; f&#xf6;retaget investerar &#xe5;rligen betydande summor i forskning och utveckling. Under de kommande &#xe5;ren verkar en n&#xe5;got st&#xf6;rre andel av detta riktas mot USA. Nyheten har ingen omedelbar inverkan p&#xe5; v&#xe5;ra estimat.

	2024	25e	26e
Revenue	19,220.8	19,898.6	20,628.9
growth-%	-9.1 %	3.5 %	3.7 %
EBIT (adj.)	2,618.9	1,950.0	2,201.2
EBIT-% (adj.)	13.6 %	9.8 %	10.7 %
EPS (adj.)	0.40	0.26	0.30
Dividend	0.14	0.16	0.18
Dividend %	3.3 %	2.8 %	3.2 %
P/E (adj.)	10.7	21.7	18.9
EV/EBITDA	6.7	12.1	11.8

Nokia ökar sina investeringar i USA

Key Estimate Figures2025-11-19

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