Nokia (NYSE:NOK) Upgraded by Argus to “Buy” Rating

Argus upgraded shares of Nokia (NYSE:NOK) from a hold rating to a buy rating in a research report sent to investors on Monday, Marketbeat Ratings reports. Argus currently has $15.00 price target on the technology company’s stock.

Several other analysts also recently issued reports on the company. Nordea Equity Research raised Nokia from a “hold” rating to a “buy” rating in a research note on Friday. The Goldman Sachs Group raised Nokia from a “sell” rating to a “neutral” rating in a research note on Monday, March 30th. Santander raised Nokia from a “neutral” rating to an “outperform” rating in a research note on Monday, February 2nd. Wall Street Zen raised Nokia from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Danske downgraded Nokia from a “buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $9.71.

Nokia Stock Up 2.6%

Shares of NOK opened at $10.74 on Monday. The business’s 50 day moving average is $8.65 and its 200 day moving average is $7.24. The company has a market capitalization of $61.64 billion, a PE ratio of 67.10, a price-to-earnings-growth ratio of 2.02 and a beta of 0.77. Nokia has a 12-month low of $4.00 and a 12-month high of $11.30. The company has a current ratio of 1.58, a quick ratio of 1.36 and a debt-to-equity ratio of 0.11.

Nokia (NYSE:NOK) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $5.21 billion for the quarter. Nokia had a return on equity of 9.22% and a net margin of 4.02%. Research analysts expect that Nokia will post 0.4 earnings per share for the current fiscal year.

Nokia Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 12th. Shareholders of record on Tuesday, April 28th will be paid a $0.0468 dividend. This represents a $0.19 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, April 28th. This is a positive change from Nokia’s previous quarterly dividend of $0.04. Nokia’s dividend payout ratio is presently 56.25%.

Hedge Funds Weigh In On Nokia

Institutional investors and hedge funds have recently modified their holdings of the stock. Jefferies Financial Group Inc. purchased a new position in shares of Nokia in the 3rd quarter worth approximately $4,595,000. Penserra Capital Management LLC boosted its holdings in shares of Nokia by 38.0% in the 3rd quarter. Penserra Capital Management LLC now owns 7,760,500 shares of the technology company’s stock worth $37,328,000 after purchasing an additional 2,136,545 shares during the period. Polar Asset Management Partners Inc. purchased a new position in shares of Nokia in the 3rd quarter worth approximately $11,910,000. Thrivent Financial for Lutherans boosted its holdings in shares of Nokia by 35,010.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company’s stock worth $60,871,000 after purchasing an additional 12,619,099 shares during the period. Finally, TSP Capital Management Group LLC boosted its holdings in shares of Nokia by 8.8% in the 3rd quarter. TSP Capital Management Group LLC now owns 2,473,592 shares of the technology company’s stock worth $11,898,000 after purchasing an additional 200,400 shares during the period. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Trending Headlines about Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: AI-driven outlook lift — Coverage notes Nokia’s Q1 beat and sharply improved outlook as cloud/hyperscaler and AI networking demand accelerate, which supports revenue and margin re-rating. Nokia is starting to look different and AI is a big reason
• Positive Sentiment: Analyst upgrade — Argus upgraded NOK from Hold to Buy with a $15 price target (about ~40% upside vs. recent levels), providing a clear bullish catalyst for momentum traders and longer-term investors. Argus Upgrades Nokia to Buy
• Positive Sentiment: Major institutional backing — Reports show Nvidia holds a meaningful Nokia position (~166.4M ADRs reported) and earlier invested ~$1B; that placement signals strategic alignment with AI infrastructure players and lends credibility to the AI narrative. Nvidia is quietly betting 8% of its portfolio on this $10 stock
• Positive Sentiment: Strategic partnerships — New alliances with Orange and RUCKUS to co-develop AI-powered 5G RAN solutions and integrated Wi‑Fi 7 / fiber LAN offerings position Nokia to capture enterprise and operator AI networking spend. Nokia Alliances With Orange And RUCKUS Test AI Network Rerating
• Positive Sentiment: High-profile investor interest — Coverage highlights a stake by Oaktree/Howard Marks among other institutional holders, which can attract further investor attention and reduce perceived risk for some buyers. Howard Marks Likes Upside Potential of This Stock
• Neutral Sentiment: Market narrative / media coverage — Multiple outlets report the stock hitting multi‑year highs and increased media attention (podcasts, feature pieces). This raises visibility but can also amplify short‑term volatility. Nokia stock surges to 16-year high
• Negative Sentiment: Competitive pressure: Ciena comparison — Recent analyst pieces comparing Ciena (CIEN) vs. Nokia paint Ciena as stronger in near-term AI-driven optical/networking demand (larger backlog, record revenue), suggesting Nokia faces stiff competition for hyperscaler spend. Ciena vs. Nokia: Which Networking Stock is the Better Buy Now?

Nokia Company Profile

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.