Nokia Corporation (NYSE:NOK) Short Interest Update

Nokia Corporation (NYSE:NOK) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 38,887,557 shares, a growth of 17.1% from the February 12th total of 33,196,012 shares. Based on an average daily trading volume, of 46,166,308 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.7% of the company’s shares are sold short. Currently, 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 46,166,308 shares, the days-to-cover ratio is presently 0.8 days.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Danske cut shares of Nokia from a “buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Morgan Stanley assumed coverage on shares of Nokia in a report on Monday, February 9th. They issued an “overweight” rating and a $8.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a report on Monday, December 22nd. New Street Research set a $6.57 target price on Nokia in a research report on Thursday, November 20th. Finally, Arete Research cut Nokia from a “buy” rating to a “neutral” rating in a research note on Friday, March 13th. Eight equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $7.01.

Nokia News Roundup

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia is being highlighted as a critical supplier of optical networking hardware for AI and data‑center growth, which supports durable revenue opportunities in hyperscale and carrier markets. More Than Just Brains: The AI Revolution’s Nervous System
• Positive Sentiment: Nokia launched a new application‑optimized optical suite and introduced Aurelis, a PON‑based out‑of‑band management (OOBM) product aimed at cloud, AI and hyperscale data centers — product releases that can drive higher‑margin network equipment sales if adoption accelerates. Nokia’s New Optical Suite Tests High P/E And Surging Share Momentum
• Positive Sentiment: Coverage and product writeups (e.g., The Fast Mode) detail Nokia’s expanded OOBM portfolio with the Aurelis PON solution, reinforcing the company’s push into data‑center management and operator network efficiency markets. Nokia Expands OOBM Portfolio with PON-Based Aurelis for Data Centers
• Positive Sentiment: Nokia is named as a partner in initiatives (e.g., work with T‑Mobile and NVIDIA on AI‑enabled 5G edge use cases) and third‑party vendor moves (KGPCo making Nokia BABA‑compliant products available), underscoring ecosystem adoption and channel momentum. KGPCo AMONG FIRST TO MAKE NOKIA BABA COMPLIANT PRODUCTS AVAILABLE TO THE MASSES
• Positive Sentiment: Some analyst work has pushed fair value and price targets higher, reflecting optimism on product/market traction and contributing to the recent momentum. Shifting Story For Nokia As Analysts Split On Upside And Fair Value
• Positive Sentiment: Technical analysis notes a breakout pattern and momentum that traders view as signaling a longer‑term bullish trend, which can attract momentum flows. Nokia (NOK) Price Forecast: Breakout Signals Long-Term Bull Trend
• Neutral Sentiment: Nokia transferred 1,222,899 treasury shares to fulfill equity‑based incentive plan awards per the board resolution — standard for employee compensation but slightly increases share count. Changes in Nokia Corporation’s own shares
• Neutral Sentiment: Several consumer stories (nostalgia about flip phones) are circulating but have little direct impact on Nokia’s enterprise/networking revenue outlook. Remember the Nokia Twist and Motorola Flipout? This handheld brings their weirdest trick back
• Negative Sentiment: Some coverage points to a high trailing P/E and fast recent gains, which raises valuation risk; momentum can reverse if revenue/earnings do not match elevated expectations. Nokia’s New Optical Suite Tests High P/E And Surging Share Momentum

Nokia Stock Performance

NYSE:NOK opened at $8.35 on Thursday. Nokia has a 52 week low of $4.00 and a 52 week high of $8.82. The company has a fifty day simple moving average of $7.24 and a two-hundred day simple moving average of $6.33. The company has a quick ratio of 1.36, a current ratio of 1.58 and a debt-to-equity ratio of 0.11. The company has a market cap of $47.92 billion, a price-to-earnings ratio of 64.20, a price-to-earnings-growth ratio of 2.96 and a beta of 0.80.

Institutional Investors Weigh In On Nokia

Several large investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. boosted its stake in shares of Nokia by 60.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 30,518 shares of the technology company’s stock valued at $197,000 after buying an additional 11,446 shares during the period. World Investment Advisors purchased a new stake in shares of Nokia during the fourth quarter worth approximately $134,000. Corient Private Wealth LLC increased its stake in shares of Nokia by 41.8% during the fourth quarter. Corient Private Wealth LLC now owns 168,328 shares of the technology company’s stock worth $1,089,000 after buying an additional 49,649 shares during the period. Floyd Financial Group LLC acquired a new stake in Nokia in the fourth quarter valued at approximately $508,000. Finally, Virtu Financial LLC purchased a new position in Nokia in the fourth quarter worth approximately $1,142,000. Hedge funds and other institutional investors own 5.28% of the company’s stock.

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.