NYSE:NOK

Nokia (NOK)

14.38
-2.24 (13.48%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
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star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Nokia has experienced a significant turnaround, evolving from its previous struggles in the mobile phone market to becoming an AI infrastructure player, with its stock price tripling in the past year. A strategic partnership with Nvidia, which involves a $1 billion investment to develop AI radio-access networks, has positioned Nokia favorably in the expanding AI and cloud sectors. The company reported solid earnings and revenue growth, particularly in its AI and cloud business, which saw a 49% increase in net sales in Q1. Despite these positive indicators, there are concerns regarding the timing of their resurgence and the volatility of the telecom sector, which still contributes largely to their business model. Investors may consider initiating a position but might also wait for a price correction.

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Consensus
Positive
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Valuation
Overvalued
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COMMENT
One of the leading phone companies globally. Had a major drop when they had a quarter that was lower than analysts’ estimates. Also everyone is waiting for the next generation of cell phones in this company is playing catch-up. Not a lot of downside near-term and they pay a decent dividend.
DON'T BUY
Doesn’t have a good quality smart phone. Earnings have crumpled. Dividend is above the earnings so their will probably be a dividend cut. Loosing market share hand over fist to Chinese cell phone makers.
DON'T BUY
Has been losing market share in terms of the next generation and sets and doesn't have the cool i4. It will no doubt come back and have a competitive entry in the hand phone set space but the i4 phone and the android is driving at the moment. Almost 6% yield.
DON'T BUY
Good balance sheet so dividend is not at risk. Issue is that it was a leader in its field, had great supply chain management but has fallen by the wayside and has not come out with competitive products. Have a lot of sets in Asia but average selling price goes down every quarter.
SELL
Smart phone is being commoditzed. If you are into Apples or Rim, you have to trade.
DON'T BUY
Has been challenged over the past several years. Criticized for largely missing the boat on the smart phone trend without enough models in that space. Have reversed this and have improved their offerings but are still not penetrating into the US, which is a critical area.
PARTIAL BUY
Likes their reach into emerging markets and their ability to sell low-cost handsets at low margins but with great volume. Reasonable entry point but because of market volatility would suggest you take 1/3 to ½ of your position now and pick up the balance over the next 3 to 4 months.
DON'T BUY
Everyone's moving to smart phones and this company hasn’t moved quickly enough. Apple (AAPL-Q) and Rim (RIM-T) have taken over this market because they are coming out with more economical products for carriers to sell. They are a survivor and will do well but doesn't think he would buy.
PAST TOP PICK
(A Top Pick April 23/08. Down 47.03%.) Phones/cable companies were working through their inventories so demand fell. Market share fell because they were not selling the high-end phones.
BUY
Until economic troubles began, this was a star performer. Hasn't been a huge participant in smart phones but this is growing. Bread and butter have been low-end phones going into developing countries. Thinks they will still be the dominant company in cell phones.
BUY
Still like. Also looked at Research in Motion (RIM-T) and Apple (AAPL-Q) and all 3 have a lot of cash on the books. RIM and Nokia are trading around 11 or 12X earnings and have roughly $2-$3 per share in cash. Thinks of this one as a utility. Globally people are not getting landlines anymore but will own cell phones. This one is very cheap. Buy for the long-term.
COMMENT
(Market Call Minute.) In the smart phone market they are losing incredible share to Apple (AAPL-Q) and RIM (RIM-T). At the best it is a Hold. (See Top Picks.)
HOLD
Profits were down 68% because consumers are moving down from high-end phones to cheaper ones. Still have 38% market share. Expects Motorola will exit completely leaving this company more room to grow. €8 billion in cash and no debt. Best distribution and production systems. Europe, Asia, Africa and India are all Nokia. If it dropped to $10 a share with a yield of 5%, it would be a Buy.
DON'T BUY
Well run company with a global brand name. 2009 will be a bad year for cell phone sales. Also, they are losing share. Have lots of cash and pay a dividend.
BUY
Very well run company and they have some great products in the smart phone side. Cell phone market is shrinking slightly, which will hurt them. Balance sheet is slightly stretched but they throw off a lot of free cash.
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