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Nokia

5.32 EUR

+0.95 %

25,724 following

NOKIA

NASDAQ Helsinki

Telecommunications

Technology

+0.95 %
-8.75 %
+38.94 %
+18.49 %
+24.46 %
+26.05 %
+13.01 %
+62.59 %
+91.70 %

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.

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Market cap
30.55B EUR
Turnover
9.12M EUR
P/E (adj.) (25e)
20.46
EV/EBIT (adj.) (25e)
13.34
P/B (25e)
1.36
EV/S (25e)
1.31
Dividend yield-% (25e)
3.01 %
Coverage
Recommendation
Reduce
Target price
4.80 EUR
Updated
2025-11-19
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 2025-11-20

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29/1
2026

Annual report '25

9/4
2026

General meeting '26

23/4
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
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Nokia ökar sina investeringar i USA
Analyst Comment by
Atte Riikola

Nokia ökar sina investeringar i USA

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

Nokia
Forum discussions
In summary from OP’s morning review. Nokia’s peer Ciena reported stronger-than-expected Q4 results and provided market-beating guidance for 2026. Ciena’s strong growth led OP to estimate that their 8% growth forecast for Nokia’s Network Infrastructure in 2026 seems a bit too cautious...
12/12/2025, 7:47 AM
by Lexus
23
Indeed, the situation is interesting, and for Nokia, the opportunities seem to be growing day by day. So far, hardly anyone is highlighting Nokia in this regard. I suspect it’s largely going under the radar until the situation starts to take shape (if I am indeed interpreting Nokia...
yesterday
by Lexus
18
Lumentum’s outlook on the strongly growing InP-laser demand and the CPO market opening faster than estimated is indeed interesting from Nokia’s perspective. This aligns with the fact that electrical I/O (input/output) consumes 30–40% of a GPU’s power, and data center power consumption...
yesterday
by Dibadoo
16
Apparently, Nokia is now the theme of The Motley Fool. Here, Nokia and Qualcomm have been highlighted as attractive investment targets with the theme: 2 Cheap Tech Stocks to Buy Right Now. The Motley Fool – 11 Dec 25 2 Cheap Tech Stocks to Buy Right Now | The Motley Fool These stocks...
12/12/2025, 7:28 AM
by Lexus
15
Regarding Lumentum’s and Nokia’s different communication strategies, GTP5.2 summarized it as follows: Lumentum can speak more openly because it sells capacity and components; Nokia cannot, because it sells architecturally critical integration and negotiation power. This difference...
yesterday
by Dibadoo
12
David Heard seemed to continue with “yes, it would be reckless”. According to GTP5.2’s interpretation: David Heard’s “it would be reckless” almost certainly referred to non-public, market-sensitive information about the demand for optical components, capacity, and/or long-term customer...
yesterday
by Dibadoo
11
From the perspective of the CPO market, an even bigger opportunity than GPU-CPO development is Ethernet switch CPOs. There are thousands of Ethernet switches in data centers, and their share of power consumption is significant, and the transition from 400-800G port speeds to 1.6-...
3 hours ago
by Dibadoo
10
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