NOK
Nokia Oyj (NYSE: NOK) stock jumped more than 6% after posting strong Q2 results driven by strong AI and...
Article Summary
BUY- Nokia Oyj (NYSE: NOK) stock jumped more than 6% after posting strong Q2 results driven by strong AI and cloud demand, with revenue rising 8% year-over-year to €4.82 billion and earnings of €0.07 per share, matching analyst estimates.
- Network Infrastructure delivered strongest growth, with sales up 12% and operating profit rising 18%, driven by optical and IP networking demand, while AI-related orders more than doubled to €2.8 billion.
- Nokia Corp ADR expects around half of these orders to convert to revenue over the next 12 months as demand remains strong and supply remains constrained, prompting customers to place longer-term orders.
- Nokia's comparable gross margin expanded to 46%, operating profit rose 18% to €434 million, and operating margin expanded 70 basis points to 9%.
- The company raised its 2026 operating profit outlook to between EUR2.1 billion and €26 billion, up from the previous range of EUR 2.0 billion to 2.5 billion.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
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 ? | 16.2% | 25% | 50.0 ptsMeets Minimum (16.2%) - Passes screener |
| Target Price Upside ? | 30.4% | 20% | 85.0 ptsLarge Upside (30.4%) - Target: $13.43 vs Current: $10.30 |
| Gross Margin % ? | 43.5% | 15% | 60.0 ptsSolid (43.5%) - Decent margins |
| Drawdown from 52-Wk High ? | -41.0% | 15% | 80.0 ptsSolid Dip (-41.0%) - 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.