NOK
Nokia OyjBNYSE / Technology Hardware & Equipment
Last Price
At close
2026-06-02
Current thesis
The constructive case is that Nokia now has multiple primary-source-supported hooks into AI-era network spending: Q4 2025 showed strong optical and IP order intake, management guided to 6-8% Network Infrastructure growth in 2026, and recent Nokia releases show continuing AI-RAN, network API and optical product momentum. If Q1 and subsequent quarters confirm that this demand is converting into cleaner growth and margin expansion, the current debate can shift from restructuring skepticism to execution credibility.
Posture
Constructive
Lead driver
Momentum
What changed
5 setup hits (3d) with net bullish as of 2026-06-03.
What can break
AI-RAN and partnership announcements may not convert into near-term revenue or margin gains.
Momentum
95
Value
50
Sentiment
24
Setup hits (3d)
5 · Net Bullish
AI TargetsBase $9.40 · Bull $12.20 · Bear $7.20
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-21 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $7.23
Why
Momentum95 · Δ7d -0.5
Value50 · Δ7d +0.6
Sentiment24 · Δ7d -0.7
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
95
34% active weight
Current posture
7d trendSoftening
Δ7d
-0.5
Δ21d
-1.7
Value
50
32% active weight
Current posture
7d trendFlat
Δ7d
+0.6
Δ21d
-1.3
Sentiment
24
33% active weight
Current posture
7d trendFlat
Δ7d
-0.7
Δ21d
-4.2
Why this grade
Composite grade B. Momentum 95.1 / Value 50.4 / Sentiment 24.3
Fundamentals (TTM)As of 2026-06-02
Fundamentals (TTM)
As of 2026-06-02
Market Cap
$93.87B
Beta
1.33
Shares Out
5.7B
P/E (TTM)
35.9
P/S (TTM)
1.62
P/FCF (TTM)
60.51
Rev YoY
+11.6%
EPS YoY
-43.5%
Gross Margin
+43.9%
Op Margin
+6.0%
Net Debt
-$4.5B
Current Ratio
1.48
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology