NOK

Earnings season is winding down, but we still have a couple of big name companies reporting. This week we have Dell Technologies (DELL), Marvell Technology (MRVL), Snowflake (SNOW), Salesforce (CRM) and Costco (COST) all reporting. Before a company reports earnings, implied volatility is usually high because the market is unsure about the outcome of the report. Speculators and hedgers create huge demand for the company’s options which increases the implied volatility, and therefore, the price of options. Micron Stock is Up over 133% From Its Lows - But Is MU Still Undervalued? Nvidia Hikes Its Dividend and Buybacks Based on Surging FCF - Is NVDA Too Cheap? Real Money Flows + Fed Pause + Seasonal Timing: The AUD Setup Traders Are Watching! Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. After the earnings announcement, implied volatility usually drops back down to normal levels. Let’s take a look at the expected range for these stocks. To calculate the expected range, look up the option chain and add together the price of the at-the-money put option and the at-the-money call option. Use the first expiry date after the earnings date. While this approach is not as accurate as a detailed calculation, it does serve as a reasonably accurate estimate. Monday Memorial Day Holiday Tuesday Nothing of note Wednesday MRVL – 13.5% SNOW – 13.5% PDD – 6.5% CRM – 8.7% SNPS – 8.5% Thursday DELL – 11.7% COST – 3.7% Friday Nothing of note Option traders can use these expected moves to structure trades. Bearish traders can look at selling bear call spreads outside the expected range. Bullish traders can sell bull put spreads outside the expected range, or look at naked puts for those with a higher risk tolerance. Neutral traders can look at iron condors. When trading iron condors over earnings, it is best to keep the short strikes outside the expected range. When trading options over earnings, it is best to stick to risk defined strategies and keep position size small. If the stock makes a larger than expected move and the trade suffers a full loss, it should not have more than a 1-3% effect on your portfolio. Stocks With High Implied Volatility We can use Barchart’s Stock Screener to find other stocks with high implied volatility. Let’s run the stock screener with the following filters: Total call v...

Networking stocks got a serious boost this week after Cisco (CSCO) put up a strong fiscal Q3 2026 report. On May 13, the company posted networking revenue of $8.82 billion, up 25%, thanks to heavy spending on AI infrastructure and campus networking gear. The market liked what it saw. Cisco shares jumped between 18% and 22% in after-hours trading, and that enthusiasm spread quickly across the sector. Nokia (NOK) climbed more than 10%, which is notable because the company is starting to shake off its old image as just a legacy telecom business. NVDA Earnings, Alphabet Conference and Other Can't Miss Items this Week Microsoft Stock Is an AI Bargain That Investors Are Missing A $1.5 Trillion Reason to Buy Taiwan Semi Stock Here Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! This wasn't just traders piling into anything networking-related. AI buildouts are picking up speed, with major cloud companies planning to spend hundreds of billions in 2026 to handle larger training clusters and inference workloads. So here's the real question. If Cisco's results show that networking demand is heating up again, does Nokia have what it takes to be the next big winner in this space? Let's dive in. Nokia Corporation, based in Espoo, Finland, has a market value of about $83 billion and builds telecom equipment, optical gear, and network software for carriers, enterprises, and data centers. The Finnish gear maker is positioned to benefit when spending on connectivity, AI, and carrier infrastructure strengthens across global markets. As for the stock, NOK is up about 116% since the year started, 169% gain over the past 52 weeks, and closed at $13.98 on May 15. Even so, the valuation looks a bit rich. It trades at 33.72x trailing earnings and 27.59x cash flow, both above sector medians of 24.52x and 18.01x. Its latest quarterly report, released in March 2026, helped support the bullish view. Nokia posted $0.06 in earnings per share, while sales came in at $5.26 billion, down 25.60% quarter-to-quarter, so revenue was softer even though the company stayed profitable. That same quarter also showed stronger cash generation. Their operating cash flow rose to $578 million, up about 30% from the prior quarter, which suggests the core business was hol...

Four new strategic partnerships announced with NeoTensr, Nokia, Datacomm Diangraha, and Winmate Blaize AI Services platform announced at GITEX AI 2026, with face recognition being the first application-level AI service Strengthened capitalization through $35 million registered equity offering supported by large institutional investors Full year 2026 revenue guidance reaffirmed at $130 million EL DORADO HILLS, Calif., May 14, 2026--(BUSINESS WIRE)--Blaize Holdings, Inc. (NASDAQ: BZAI, NASDAQ: BZAIW) ("Blaize," the "Company," "we," "us," and "our"), a leader in programmable, energy-efficient edge AI computing, today announced financial results for the first quarter ended March 31, 2026, reflecting continued strong and focused execution as edge AI infrastructure draws increased global attention. Blaize reflected a breakout growth year in 2025, and expects 2026 to continue that trend, anchored by four new strategic partnerships, the rollout of the Blaize AI Services platform, and a strengthened capital position. These developments are anticipated to bring a diversified and expanded customer pipeline geographically and broaden Blaize’s exposure across data center, sovereign AI, and rugged edge markets. "Our recent commercial engagements each mark something specific about where Blaize is heading. Our new NeoTensr contract has recently resulted in an $11 million purchase order, which we expect to fulfill in the second quarter. Nokia brings us into the global AI infrastructure space through its AI cloud provider business, with Datacomm as the first reference cloud service provider customer of that joint engagement. We expect our partnership with Winmate to result in Blaize chips in rugged platforms at commercial scale across public safety and critical infrastructure. The rollout of Blaize AI Services, starting with face recognition, marks a shift in our model toward additional recurring, API-based revenue," said Dinakar Munagala, co-founder and CEO of Blaize. "Together these extend our reach, deepen the pipeline, and shape a more durable long-term revenue mix." Business and Operational Highlights Asia Pacific Edge Data Center Expansion with NeoTensr. Blaize signed a contract with NeoTensr valued at up to $50 million for co-branded edge AI, building upon Blaize’s fourth quarter 2025 order from NeoTensr of over $20 million. The partnership targets multi-edge inference...

Interested in Blaize Holdings, Inc.? Here are five stocks we like better. Blaize reaffirmed its full-year 2026 revenue guidance of $130 million despite a Q1 revenue miss caused by HBM-related server shortages and a delayed NeoTensr order. Management said demand remains strong and expects the quarter’s shortfall to be a timing issue rather than a change in outlook. Partnership momentum is a major growth driver, especially the expanded NeoTensr deal, which now has a potential total value of about $70 million, plus new agreements with Winmate and Nokia. Blaize said these deals support deployment across Asia-Pacific and other markets, with large portions of revenue expected in the second half of 2026. Blaize is pushing recurring AI Services revenue alongside hardware sales, starting with face recognition and other applications that can be monetized through APIs. The company also raised $35 million in equity, extending its cash runway into mid-2027 while it works to reduce reliance on HBM-heavy systems. Blaize (NASDAQ:BZAI) executives said the company remains on track for its full-year 2026 revenue target despite a first-quarter revenue shortfall tied to constrained availability of AI servers using high-bandwidth memory. Chief Executive Officer Dinakar Munagala said on the company’s first-quarter earnings call that Blaize “came off a breakout growth year in 2025” and expects 2026 to continue that trend, citing new contracts and partnerships across Asia-Pacific, Europe and other markets. First-quarter revenue was approximately $2.7 million, which Chief Financial Officer Harminder Sehmi said was up 170% year over year and in line with the company’s April 14 pre-release. → Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe? Management attributed the first-quarter result to an industrywide shortage of high-bandwidth memory, or HBM, that limited server availability from one supplier and delayed orders from NeoTensr. Sehmi said Blaize now expects to fulfill more than $11 million in orders to NeoTensr during the second quarter. “This is about a timing issue,” Sehmi said. “Customer demand remains strong.” He added that more than 70% of revenue billed to NeoTensr in the fourth quarter of 2025 has been collected to date. → Micron Investors Face a High-Stakes Moment After the Latest Rally Blaize reaffirmed its full-year 2026 revenue guidance of $130 milli...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is shifting the strategic focus from pure hardware sales to a 'Hybrid AI' architecture that combines vision and language processing on the same rack-scale infrastructure. The launch of Blaize AI Services represents a move into application-layer revenue, starting with face recognition and intelligent document processing to capture recurring per-query fees. Performance attribution for Q1 was impacted by a global memory shortage (HBM) that delayed a major server order, though management insists customer demand remains intact. The company is positioning itself as a leader in 'Sovereign AI,' catering to governments and enterprises that require localized compute control without the high costs of hyperscale cloud providers. Strategic partnerships with Nokia and Winmate are designed to embed Blaize technology into ruggedized systems and Tier 2 cloud service provider infrastructures globally. Management highlights a competitive advantage in 'performance per watt' and deterministic latency, allowing for AI inference without the expensive HBM requirements of competitors. The business model is evolving to help partners monetize their own infrastructure through production-ready APIs, accelerating their return on investment. Management reaffirmed full-year 2026 revenue guidance of $130 million, assuming a significant second-half weighting as new hybrid servers begin shipping. Q2 revenue is expected to be bolstered by the fulfillment of a delayed $11 million order to NeoTensr as supply chain constraints are navigated. The company anticipates gross margins will exceed 30% by Q4 2026 as the revenue mix shifts toward higher-margin software and recurring AI services. Guidance assumes a transition away from HBM-intensive hardware toward DDR-based hybrid solutions, which management believes will derisk the supply chain for 2027. The $35 million equity raise completed in May is expected to provide a capital runway through the middle of 2027 to support R&D and commercial commitments. A global shortage of High-Bandwidth Memory (HBM) served as a primary headwind in Q1, causing a timing-related revenue miss that management expects to recover in Q2. Blended gross margins are expected to face temporary compression over the n...

Investing.com -- Nokia shares jumped more than 7% on Thursday after Cisco reported quarterly results and issued guidance that topped Wall Street expectations, lifting sentiment across the broader networking sector. Cisco said revenue climbed 12% to $15.84 billion in the quarter ended April 25, while net income rose to $3.37 billion, or 85 cents per share, from $2.49 billion, or 62 cents per share, a year earlier. Networking revenue jumped 25% to $8.82 billion, ahead of analyst estimates of $8.47 billion. The report sent Cisco shares soaring over 18% in U.S. premarket trading. The results reflect growing corporate spending on high-speed network infrastructure needed to support artificial intelligence data centers. Cisco’s networking product orders grew more than 50% year-on-year in the quarter, while data-center switching orders rose more than 40%. Nokia also sells networking and optical equipment used in AI-driven infrastructure buildouts. The company last month raised its growth targets for its AI business, now projecting the addressable market for AI and cloud to expand 27% annually between 2025 and 2028, up from a prior estimate of 16%. Cisco said it has received $5.3 billion in AI infrastructure and hyperscaler orders so far this fiscal year, and raised its full-year AI order forecast to $9 billion from $5 billion. It also lifted its revenue outlook for that market to $4 billion, up from a prior estimate of $3 billion. For the fiscal fourth quarter, Cisco guided for adjusted earnings of $1.16 to $1.18 per share on revenue of $16.7 billion to $16.9 billion, well above analyst expectations of $1.07 per share on $15.82 billion in revenue. Cisco also said it would cut fewer than 4,000 jobs this quarter, representing less than 5% of its workforce, with related severance and restructuring charges expected to reach $1 billion, of which roughly $450 million will be recognized in the fourth quarter. Related articles Nokia shares jump after Cisco’s blowout quarterly print These 2 stocks are best positioned to benefit from higher uranium prices: analyst As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. The acquisition of Nokia's Fixed Wireless Access (FWA) business is expected to more than double annual revenue and expand market presence from North America to a global scale. Q1 performance was driven by an 8% year-over-year revenue increase, supported by higher FWA carrier volumes and stable high-margin software services. Management attributed FWA disruption to a large customer's executive overhaul and shifting enterprise go-to-market strategy, though a next-gen platform commitment was secured. Mobile revenue faced headwinds from engineering delays in a new hotspot family, with two of three Tier-1 carrier models launched and the third delayed until late June. Strategic diversification is progressing through a new Tier-1 FWA customer ramp and a secured commitment for a new low-tier MiFi product to capture broader market share. Leadership changes, including a new Chief Product Officer and a search for a Head of Engineering, aim to address recent execution issues and integrate Nokia's technical expertise. Management maintains a full-year 2026 revenue target of $190 million, assuming sequential growth and improved operating leverage in the second half. Q2 guidance reflects a 12% sequential revenue increase driven by FWA ramps, partially offset by the timing of the third Tier-1 mobile hotspot launch in late June. Profitability is expected to improve significantly in the back half of the year as front-loaded investments in R&D and sales and marketing begin to scale. The Nokia acquisition is anticipated to close in Q4 2026, with integration focusing on a unified global engineering team and supply chain synergies. Future growth drivers include expansion into the MSO (Multiple System Operator) space for failover use cases and cross-selling Inseego products to Nokia's international base. The $20 million Nokia transaction is structured as an asset purchase using equity and warrants to preserve cash and avoid incurring new debt. A unique 'EBITDA make-whole' provision requires Nokia to cover negative EBITDA of the acquired business for the first year, capped at $38 million. A profit-sharing mechanism in years two and three allows Nokia to participate in 0% to 50% of positive EBITDA based on revenue performance tiers. M...

Q1 2026 revenue of $34.3 million Q1 2026 Adjusted EBITDA* of $1.8 million and GAAP Net Loss of $4.5 million Announced acquisition of Nokia’s Fixed Wireless Access business, expected to close Q4 2026 SAN DIEGO, May 07, 2026 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in cloud-first wireless edge solutions, today reported its results for the first quarter of 2026 ended March 31, 2026. “We delivered results within guidance in Q1 and continued to execute on our strategy to further diversify our customers and product portfolio,” said Juho Sarvikas, CEO of Inseego. “As we have communicated previously, we are focused on investment in the first half of 2026, in particular for carrier ramps, product launches, and portfolio expansion. We continued to execute against this strategy in Q1, which will drive revenue and profitability expansion in the second half of the year. While our focus continues to be on organic growth and execution, I am very excited about our acquisition of Nokia’s FWA business, which will be a transformational acquisition for us, provides immediate global scale, and accelerates our strategy in a very significant way.” Steven Gatoff, CFO of Inseego, added: “We delivered year-over-year revenue growth in Q1, along with healthy gross margins and Adjusted EBITDA within our guided range. We continue to invest in the product, go-to-market, and operating capabilities needed to support the large opportunity ahead. We are working towards closing the FWA acquisition with Nokia and look forward to welcoming them as a significant shareholder and partner.” Q1 2026 Financial Highlights Total revenue for Q1 2026 was $34.3 million. Adjusted EBITDA* for Q1 2026 was $1.8 million. GAAP Net Loss was $4.5 million. GAAP gross margin for Q1 2026 was 48.3%, the Company’s fifth consecutive quarter with gross margin exceeding 40%. Business Highlights Announced signing of agreement to acquire Nokia’s Fixed Wireless Access business, which is expected to close in Q4 2026 subject to normal terms and conditions of transactions like this. Based on its current run rate of approximately $200m in annualized revenue, the acquisition is expected to double Inseego’s revenue upon closing. Under the terms of the FWA acquisition, at closing Nokia will receive approximately a 7% equity stake in Inseego in the form of common stock and warrants, representing a v...

Interested in Inseego? Here are five stocks we like better. Q1 results: Total revenue rose 8% year‑over‑year to $34.3 million with adjusted EBITDA of $1.8 million and non‑GAAP gross margin of 48.9%, and management guided Q2 revenue of $36.5M–$43.5M while expecting lower adjusted EBITDA as spending increases. Operational headwinds included disruption at a large FWA customer after an executive overhaul (management says a next‑gen FWA commitment is secured) and a delayed third mobile hotspot model now expected in late June, prompting a new Chief Product Officer hire and a search for a head of engineering. Nokia FWA acquisition: Inseego plans an asset purchase of Nokia’s ~ $200 million run‑rate FWA business for $20 million (15M shares + $5M warrants), equity‑funded and expected to close in Q4 2026, which would more than double revenue and includes up to $38M of Nokia transition support to keep EBITDA near break‑even in year one and profit‑sharing thereafter. 3 Defense Stocks Under $20 With Massive Upside Inseego (NASDAQ:INSG) reported first-quarter fiscal 2026 results that management said were in line with expectations, while also outlining the strategic rationale and structure for its planned acquisition of Nokia’s fixed wireless access (FWA) device business. Chief Executive Officer Juho Sarvikas said the company is in “a year of investment in carrier ramps, product launches, and portfolio expansion in the first half, followed by benefits of greater scale, improving operating leverage, and stronger profitability as the year progresses.” → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% Total Q1 revenue increased 8% year over year to $34.3 million, with adjusted EBITDA of $1.8 million, both within guidance. The company reported non-GAAP gross margin of 48.9%. Chief Financial Officer Steven Gatoff said results reflected “year-over-year revenue growth, healthy gross margins, and adjusted EBITDA within our guided range,” while the company continued investing in product, go-to-market, and operating capabilities. → Years in the Making, AMD’s Upside Movement Has Just Begun By segment, Gatoff said: Mobile revenue was $16.7 million (the largest dollar contributor for the quarter). FWA revenue was $5.3 million, down sequentially from Q4 2025 but “up meaningfully year-over-year,” supported by higher carrier volumes and a broader customer footprint. Softwa...

(Bloomberg) -- A strong earnings season is hiding tougher times ahead for European stocks as the effects of the Iran war make it harder for companies to meet lofty profit expectations in the quarters to come. Most Read from Bloomberg US Has Opened a Passage Through Hormuz, Central Command Says DOJ Plans Intervention in Trump Supreme Court Carroll Appeal US Says Offensive Phase of Iran War Over as Ship Hit in Strait Sony to Pay Almost $4 Billion for Bieber, Neil Young Catalog China Asks Banks to Pause New Loans to US-Sanctioned Refiner Surprisingly good corporate results have helped European stocks stage a rapid recovery from their conflict lows, supported by a conviction among investors that Middle East de-escalation is on the way. First-quarter earnings growth is running at 5.6% year-on-year for the MSCI Europe Index, exceeding market expectations of 2.6%, according to a Bloomberg Intelligence tracker. The bar is about to be raised. “Our concerns lie more for the second, third and fourth quarters of the year,” said Roland Kaloyan, head of European equity strategy at Societe Generale SA in Paris. “Expectations are much higher, while there is a risk that the negative impact of the war, on supply chains, energy or raw material costs will likely be felt further down the road.” Projections for profit increases in Europe are high and keep getting upgraded. The consensus is for a jump of 11% in 2026, and 10.2% in 2027. That also implies that the bulk of the growth this year needs to happen in the next three quarters, a view that looks optimistic should the economy take a hit from elevated oil prices. The rebound in European equities in recent weeks has also been extremely narrow, with a handful of stocks responsible for most of the advance and the earnings revisions. The energy sector has led the way, with a few other star performers in semiconductors, infrastructure and among artificial intelligence beneficiaries such as ASML Holding NV, Nokia Oyj and ABB Ltd. “Overall, it’s a good quarter with a nice earnings momentum year-to-date,” Kaloyan said. “But if you take out energy stocks, miners and semiconductors, earnings revisions are rather negative.” European earnings estimates are on the rise, but much of that is down to massive boosts in the energy sector. Profit expectations for this group have been upgraded by over 50% since the start of the war, according to...

This article first appeared on GuruFocus. Net Sales: EUR4.5 billion, a growth of 4%. Operating Margin: 6.2%, an expansion of 200 basis points. Free Cash Flow: EUR629 million. Gross Profit: EUR2 billion. Gross Margin: 45.5%, an improvement of 320 basis points year-on-year. Operating Profit: EUR281 million. Net Cash: EUR3.8 billion at the end of the quarter. Network Infrastructure Sales Growth: 6% in Q1. Optical Networks Sales Growth: 20% driven by AI and cloud customers. IP Network Sales Growth: 3% with growth in AI and Cloud. Fixed Networks Sales Decline: 13% due to portfolio strategy. Mobile Infrastructure Net Sales Growth: 3%. Core Software Sales Growth: 5%. Technology Standards Sales Growth: 10%. AI and Cloud Sales Growth: 49%. Mission-Critical Enterprise and Defense Sales Growth: 19%. Telecom Sales Decline: 2%. Guidance for Network Infrastructure Growth: 12% to 14% for 2026. Guidance for Optical and IP Networks Growth: 18% to 20% for 2026. Warning! GuruFocus has detected 9 Warning Signs with NOK. Is NOK fairly valued? Test your thesis with our free DCF calculator. Release Date: April 23, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Nokia Oyj (NYSE:NOK) reported a 4% increase in net sales, reaching EUR4.5 billion for Q1 2026. The company achieved a gross margin expansion of 320 basis points, supported by strong performance in optical networks. Nokia Oyj (NYSE:NOK) saw a significant 49% growth in net sales from AI and cloud customers, with EUR1 billion in new orders. The company introduced new products at OFC, including a next-generation hyperscale multi-rail solution, enhancing fiber capacity and density. Nokia Oyj (NYSE:NOK) increased its growth assumptions for Network Infrastructure to 12%-14% and for optical and IP networks to 18%-20% for 2026. Fixed networks declined by 13% due to a strategic focus on higher-margin products, impacting overall sales. The company expects some gross margin headwinds throughout the year due to product mix changes. Mobile Infrastructure gross margins are expected to be weaker in Q2 and Q3, with stronger performance anticipated in Q4. Nokia Oyj (NYSE:NOK) faces constraints in the semiconductor ecosystem, affecting supply chain dynamics. The company anticipates a seasonally low period for cash flow in Q2 due to employee cash incentives. Q: Fredrik Lithell from Hand...

Nokia Corporation NOK reported mixed first-quarter 2026 results, with the bottom line matching the Zacks Consensus Estimate but the top line missing the same. The company's top line increased year over year, primarily owing to growth in optical networks in the Network Infrastructure segment. Nokia reported a net income of €87 million ($101.8 million) or an income of €0.02 (2 cents) per share in the first quarter against a net loss of €60 million or €0.01 in the year-ago quarter. Higher net sales supported profits. Comparable profit was €295 million ($345.1 million) or €0.05 (6 cents) per share, down from €153 million or €0.03 in the year-earlier quarter. The bottom line matched the Zacks Consensus Estimate of 6 cents. Nokia Corporation price-consensus-eps-surprise-chart | Nokia Corporation Quote Quarterly net sales were €4.50 billion ($5.27 billion), up 2% from €4.39 billion in the year-ago quarter. Growth was primarily driven by strength in Network Infrastructure, which offset weakness in certain other segments. However, revenues missed the Zacks Consensus Estimate of $5.40 billion. Net sales from Network Infrastructure totaled €1.83 billion ($2.14 billion), increasing from €1.64 billion in the year-ago quarter. On a constant currency basis, IP Networks recorded 3% year-over-year growth, supported by demand from AI and cloud customers. Revenues from Optical Networks surged 20% year over year, driven by strong traction, particularly in the Americas. Meanwhile, Fixed Networks declined 13% year over year, reflecting a strategic shift toward higher-margin products, with stable fiber deployments partially offset by weaker demand in certain areas. Mobile Infrastructure generated revenues of €2.50 billion ($2.93 billion), down 3% year over year on a reported basis, while increasing 3% on a constant currency basis. Growth was driven by strength in Core Software and Technology Standards, partially offset by stable performance in Radio Networks. Net sales from Portfolio Businesses were €173 million ($202.43 million), down 2% year over year on a reported basis but up 4% on a constant currency basis. Growth in Enterprise Campus Edge and Microwave Radio was partially offset by a decline in Fixed Wireless Access product sales. Nokia Technologies (reported under Technology Licensees) contributed €385 million ($450.49 million) compared with €369 million in the year-ago qua...