Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
NOK 
Nokia Corp ADR (NOK)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/12/2025: NOK (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
11 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $5.46
1 Year Target Price $5.46
| 2 | Strong Buy |
| 3 | Buy |
| 5 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -33.8% | Avg. Invested days 28 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/12/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 24.26B USD | Price to earnings Ratio 23.74 | 1Y Target Price 5.46 |
Price to earnings Ratio 23.74 | 1Y Target Price 5.46 | ||
Volume (30-day avg) 11 | Beta 0.63 | 52 Weeks Range 3.81 - 5.41 | Updated Date 09/14/2025 |
52 Weeks Range 3.81 - 5.41 | Updated Date 09/14/2025 | ||
Dividends yield (FY) 3.03% | Basic EPS (TTM) 0.19 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.3% | Operating Margin (TTM) 3.89% |
Management Effectiveness
Return on Assets (TTM) 2.59% | Return on Equity (TTM) 4.47% |
Valuation
Trailing PE 23.74 | Forward PE 12.17 | Enterprise Value 21842757617 | Price to Sales(TTM) 1.26 |
Enterprise Value 21842757617 | Price to Sales(TTM) 1.26 | ||
Enterprise Value to Revenue 0.97 | Enterprise Value to EBITDA 7.03 | Shares Outstanding 5379100160 | Shares Floating 4259436573 |
Shares Outstanding 5379100160 | Shares Floating 4259436573 | ||
Percent Insiders - | Percent Institutions 10.81 |
Upturn AI SWOT
Nokia Corp ADR
Company Overview
History and Background
Nokia, founded in 1865 in Finland, initially focused on paper milling. It evolved through rubber, cables, and electronics before becoming a dominant force in mobile phones in the late 20th century. After a decline in the smartphone era, Nokia pivoted to network equipment and software.
Core Business Areas
- Nokia Networks: Provides end-to-end network solutions, including 5G, 4G, and fixed network infrastructure, software, and services to communication service providers and enterprises.
- Nokia Software: Offers a portfolio of software solutions for network management, automation, security, and monetization.
- Nokia Technologies: Manages Nokia's patent portfolio and focuses on licensing and technology development in areas like audio and digital health.
Leadership and Structure
Nokia is led by CEO Pekka Lundmark. The company is organized into business groups focused on Networks, Software, and Technologies, supported by corporate functions.
Top Products and Market Share
Key Offerings
- 5G RAN Solutions: Nokia offers a comprehensive portfolio of 5G Radio Access Network (RAN) equipment, including base stations and antennas. Competitors include Ericsson (ERIC), Huawei (unlisted), and Samsung (SMSN.IL). Market share varies regionally but is significant in many areas with an estimated share between 20-30% in the overall telecom equipment market.
- IP Routing: Nokia's IP routing portfolio includes routers and switches for building high-capacity networks. Key competitors are Cisco (CSCO) and Juniper Networks (JNPR). Market share is significant but lower than Cisco. Estimated revenue impact is a core part of Nokia's Network business segment's overall revenue.
- Optical Networking: Provides optical transport solutions for long-distance data transmission. Competitors include Ciena (CIEN) and Huawei (unlisted). The market share is competitive, contributing a significant portion of revenue to the Networks segment.
Market Dynamics
Industry Overview
The telecommunications equipment industry is experiencing growth driven by the deployment of 5G networks, increasing demand for bandwidth, and the digital transformation of industries. The industry is highly competitive, with a few major players.
Positioning
Nokia is positioned as a leading provider of end-to-end network solutions, focusing on innovation and technology leadership in 5G and related areas. Competitive advantages include its comprehensive portfolio and strong relationships with telecom operators.
Total Addressable Market (TAM)
The overall telecom equipment market is expected to reach hundreds of billions of dollars in the coming years. Nokia is positioned to capture a significant portion of this market through its 5G solutions and expanding enterprise offerings.
Upturn SWOT Analysis
Strengths
- Strong R&D capabilities in 5G and other technologies
- Comprehensive portfolio of network solutions
- Established relationships with major telecom operators
- Significant patent portfolio
- Growing enterprise business
Weaknesses
- Historically struggled with market share in some regions
- High competition in the telecom equipment market
- Execution risk in turnaround strategy
- Dependent on telecom operator spending cycles
Opportunities
- Increased demand for 5G infrastructure
- Expansion into new markets and verticals (e.g., enterprise)
- Growth in network software and services
- Strategic partnerships and acquisitions
- Government funding for broadband infrastructure
Threats
- Intense competition from other vendors
- Geopolitical risks and trade tensions
- Technological obsolescence
- Economic downturns affecting telecom spending
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- ERIC
- CSCO
- CIEN
- JNPR
Competitive Landscape
Nokia faces intense competition from established players like Ericsson and Cisco, as well as emerging players. Advantages include its comprehensive portfolio and strong R&D. Disadvantages include its past struggles with market share and execution.
Major Acquisitions
Alcatel-Lucent
- Year: 2016
- Acquisition Price (USD millions): 16600
- Strategic Rationale: Expanded Nokia's product portfolio and geographic reach, particularly in fixed networks and IP routing.
Growth Trajectory and Initiatives
Historical Growth: Nokia's growth has been impacted by the shift from mobile phones to network equipment. Recent years have seen a focus on stabilizing and growing the Networks business and expanding into new areas.
Future Projections: Analyst estimates suggest continued growth in the network equipment market, with Nokia positioned to benefit from 5G deployments and expansion into enterprise. Look to third-party analyst reports for detailed projections.
Recent Initiatives: Recent initiatives include restructuring the company, investing in R&D for 5G and beyond, expanding the enterprise business, and focusing on software and services.
Summary
Nokia is a key player in the 5G and network infrastructure market undergoing a turnaround to revitalize growth and efficiency. Its extensive patent portfolio, 5G technology, and restructuring positions it well in the industry. Intensified competition and technological changes represent its biggest risks to navigate in the future.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Nokia's Investor Relations website
- SEC Filings
- Third-party analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market data and analyst estimates are subject to change. Investment decisions should be based on thorough due diligence and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nokia Corp ADR
Exchange NYSE | Headquaters - | ||
IPO Launch date 1994-01-03 | President & CEO Mr. Justin Hotard | ||
Sector Technology | Industry Communication Equipment | Full time employees 78434 | Website https://www.nokia.com |
Full time employees 78434 | Website https://www.nokia.com | ||
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, rest of the Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper technologies, access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP network solutions, which delivers IP routing and data center networking solutions for residential, mobile, enterprise, and cloud applications; and optical networks solutions, which provides optical transport networks for metro, regional, and long-haul applications. It also provides mobile technology products and services for radio access networks and microwave radio links for transport networks; and network management solutions, as well as network planning, optimization, network deployment, and technical support services. In addition, the company offers cloud and network services, including open, secure, automated, and scalable software and solutions; and 5G core, secure autonomous networks, private wireless and industrial edge, and network APIs. Further, it licenses intellectual property, including patents, technologies, and the Nokia brand. The company serves its products and services to communications service providers, industrial enterprises, governments, digital industries, webscales and hyperscalers, licensees, and the defense sector. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.