NOK
Nokia Corp ADR (NYSE: NOK) reported a bigger than expected rise in quarterly comparable operating profit as...
Article Summary
HOLD- Nokia Corp ADR (NYSE: NOK) reported a bigger than expected rise in quarterly comparable operating profit as the Finnish telecom gear maker got a boost from artificial intelligence and cloud customers, with comparable profit jumping 18% to 434 million euros ($496.11 million) in the second quarter of 2026, above the average estimate of 382 million euros from analysts polled by LSEG.
- Nokia Corp ADR has been shifting focus to selling fibre optic cables to big tech companies building AI data centres, but was not immune to the sudden increase in memory chip prices due to AI companies cornering the market and impacting telecom equipment makers.
- Nokia booked 2.8 billion euros in new orders from AI and cloud clients, while comparable net sales reached 4.82 billion euros above market estimates, with net sales from AI customers more than doubling to446 million euros.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 12.8% | 25% | 50.0 ptsMeets Minimum (12.8%) - Passes screener |
| EPS Growth Next 5Y ? | 16.7% | 25% | 50.0 ptsMeets Minimum (16.7%) - Passes screener |
| Target Price Upside ? | 30.7% | 20% | 85.0 ptsLarge Upside (30.7%) - Target: $13.44 vs Current: $10.28 |
| Gross Margin % ? | 43.5% | 15% | 60.0 ptsSolid (43.5%) - Decent margins |
| Drawdown from 52-Wk High ? | -41.1% | 15% | 80.0 ptsSolid Dip (-41.1%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About NOK
- Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa.
- It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies.
- The company offers fixed network solutions, such as fiber and copper technologies, access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP network solutions, which delivers IP edge routing and data center networking solutions for residential, mobile, enterprise, and cloud applications; and optical networks solutions, which provides optical transport networks for metro, regional, and long-haul applications.
- It also provides mobile technology products and services for radio access networks and microwave radio links for transport networks; and network management solutions, as well as network planning, optimization, network deployment, and technical support services.
- In addition, the company offers cloud and network services, including open, secure, automated, and scalable software and solutions; and 5G core, secure autonomous networks, private wireless and industrial edge, and network APIs.
- Further, it licenses intellectual property, including patents, technologies, and the Nokia brand.
- The company serves its products and services to defense communications energy and resources, enterprise and industrial campus, private networks, public sector, and transportation industries.
- Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.