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Nokia Corp ADR (NOK)

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Upturn Advisory Summary
02/27/2026: NOK (4-star) is a STRONG-BUY. BUY since 36 days. Simulated Profits (14.20%). Updated daily EoD!
1 Year Target Price $6.87
1 Year Target Price $6.87
| 2 | Strong Buy |
| 3 | Buy |
| 5 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 41.87B USD | Price to earnings Ratio 57.69 | 1Y Target Price 6.87 |
Price to earnings Ratio 57.69 | 1Y Target Price 6.87 | ||
Volume (30-day avg) 11 | Beta 0.56 | 52 Weeks Range 3.97 - 8.16 | Updated Date 02/27/2026 |
52 Weeks Range 3.97 - 8.16 | Updated Date 02/27/2026 | ||
Dividends yield (FY) 1.85% | Basic EPS (TTM) 0.13 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-01-29 | When - | Estimate 0.1702 | Actual 0.1909 |
Profitability
Profit Margin 3.27% | Operating Margin (TTM) 13.75% |
Management Effectiveness
Return on Assets (TTM) 2.42% | Return on Equity (TTM) 3.05% |
Valuation
Trailing PE 57.69 | Forward PE 13.19 | Enterprise Value 23741328877 | Price to Sales(TTM) 2.11 |
Enterprise Value 23741328877 | Price to Sales(TTM) 2.11 | ||
Enterprise Value to Revenue 1.05 | Enterprise Value to EBITDA 7.64 | Shares Outstanding 5582534171 | Shares Floating 4353706616 |
Shares Outstanding 5582534171 | Shares Floating 4353706616 | ||
Percent Insiders 2.99 | Percent Institutions 14.53 |
Upturn AI SWOT
Nokia Corp ADR

Company Overview
History and Background
Nokia Corporation was founded in 1865 as a pulp mill. It evolved into a conglomerate, entering the telecommunications industry in the 1960s and becoming a global leader in mobile phones in the late 1990s and early 2000s. Following a strategic shift and the sale of its mobile devices business to Microsoft in 2014, Nokia has refocused on network infrastructure and technology development. The Nokia Corp ADR (American Depositary Receipt) represents shares of Nokia Corporation traded on U.S. stock exchanges, providing U.S. investors access to the company.
Core Business Areas
- Nokia Networks: This is Nokia's largest segment, providing mobile and fixed network infrastructure, software, and services to operators and enterprises. This includes 5G, LTE, and future network technologies, optical networks, and enterprise solutions for private networks.
- Nokia Technologies: This segment focuses on patent licensing and developing new technologies for Nokia's future growth, including research and development in areas like AI, IoT, and advanced sensing.
- Nokia Enterprise: While integrated within Nokia Networks, this unit specifically targets the enterprise market with solutions for private wireless networks, industrial IoT, and smart manufacturing.
Leadership and Structure
Nokia Corporation is led by a Board of Directors and its President and CEO, Pekka Lundmark. The company operates through its primary business groups, with a global organizational structure designed to serve its diverse customer base.
Top Products and Market Share
Key Offerings
- 5G Network Infrastructure: Nokia offers a comprehensive portfolio of 5G radio access network (RAN) equipment, core network solutions, and transport technologies. Competitors include Ericsson and Huawei. Market share in the global 5G infrastructure market is highly contested, with Nokia holding a significant but not dominant position.
- Optical Networks: Nokia's optical network solutions provide high-capacity data transport for service providers and enterprises. Competitors include Ciena and Cisco. Nokia is a strong player in this segment.
- Software and Services: Nokia provides a broad range of network management software, cloud-native solutions, and professional services for network deployment, optimization, and maintenance. This segment is crucial for supporting its hardware offerings and driving recurring revenue.
- Private Wireless Networks: Nokia is increasingly focused on providing private 5G and LTE networks for industries like manufacturing, logistics, and energy. This is a growing market with competition from various players, including other network vendors and specialized solution providers.
Market Dynamics
Industry Overview
The telecommunications infrastructure industry is characterized by intense competition, rapid technological evolution (e.g., the rollout of 5G and the development of 6G), and significant capital expenditure by service providers. The industry is also influenced by geopolitical factors and regulatory environments.
Positioning
Nokia is a major global player in the telecommunications infrastructure market, particularly strong in network equipment for mobile operators. Its competitive advantages include a broad portfolio, a strong R&D focus, and a significant patent portfolio. However, it faces intense competition from rivals like Ericsson and Huawei, especially in the 5G space.
Total Addressable Market (TAM)
The global telecommunications infrastructure market, encompassing mobile, fixed, and optical networks, is estimated to be worth hundreds of billions of dollars annually. Nokia is positioned to capture a substantial portion of this market through its diverse product and service offerings, aiming to be a leading provider of network solutions for 5G and beyond.
Upturn SWOT Analysis
Strengths
- Strong brand recognition and long history in telecommunications.
- Comprehensive portfolio of network infrastructure products and services.
- Significant investment in research and development, particularly in 5G and future technologies.
- Extensive patent portfolio.
- Established relationships with major telecommunication operators globally.
Weaknesses
- Past financial challenges and restructuring efforts.
- Intense competition, particularly from Chinese vendors.
- Reliance on capital expenditures from telecom operators, which can be cyclical.
- Need to continuously innovate to stay ahead in the fast-paced technology landscape.
Opportunities
- Global rollout of 5G networks and subsequent upgrades.
- Growth in private wireless networks for enterprise and industrial applications.
- Expansion into new markets and segments, such as IoT and cloud infrastructure.
- Strategic partnerships and collaborations to drive innovation and market reach.
- Potential for increased government investment in critical infrastructure.
Threats
- Intensifying competition and price pressures.
- Geopolitical tensions affecting supply chains and market access.
- Rapid technological obsolescence requiring constant innovation.
- Changes in regulatory policies impacting network deployments.
- Economic downturns affecting telecom operator spending.
Competitors and Market Share
Key Competitors
- Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC)
- Huawei Technologies Co., Ltd. (Private)
- Cisco Systems, Inc. (NASDAQ: CSCO)
- ZTE Corporation (Private)
Competitive Landscape
Nokia's advantages lie in its broad technology portfolio and global reach. However, it faces significant challenges from competitors like Huawei (though its market access is impacted by geopolitical sanctions) and Ericsson, who are also strong in 5G infrastructure. Cisco is a major competitor in enterprise and service provider networking. Nokia needs to continuously innovate and secure profitable contracts to maintain and grow its market share.
Major Acquisitions
UROS Group Oyj (Selected Assets)
- Year: 2023
- Acquisition Price (USD millions):
- Strategic Rationale: Acquisition of selected assets from UROS Group, a provider of IoT connectivity solutions, to bolster Nokia's IoT and private wireless offerings.
Frecuencia Latina
- Year: 2014
- Acquisition Price (USD millions):
- Strategic Rationale: While not a direct technology acquisition, this refers to a period of diversification and potential investments that were later divested. The primary focus shifted to network infrastructure.
Growth Trajectory and Initiatives
Historical Growth: Nokia's historical growth has been marked by its dominance in the mobile phone era, followed by a significant strategic transformation after the sale of its devices business. The focus shifted to network infrastructure, where it has been working to regain market share and adapt to the evolving 5G landscape.
Future Projections: Analyst estimates for Nokia's future growth often center on the continued rollout of 5G networks globally, the expansion of its enterprise solutions, and its ability to innovate in areas like cloud-native architecture and AI-driven network management. Projections would indicate expected revenue growth and profitability improvements.
Recent Initiatives: Recent initiatives include strengthening its 5G portfolio, focusing on cloud-native network solutions, expanding its enterprise business with private wireless networks, and pursuing strategic partnerships to enhance its competitive position. The company has also been emphasizing operational efficiency and cost management.
Summary
Nokia Corp ADR is a significant player in the global telecommunications infrastructure market, with strong capabilities in 5G, optical networks, and software. Its strengths lie in its comprehensive portfolio and R&D focus. However, it faces intense competition and must navigate geopolitical complexities. Continued investment in innovation and strategic execution will be crucial for its future growth and profitability in the dynamic telecom landscape.
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Sources and Disclaimers
Data Sources:
- Nokia Corporation Official Investor Relations Website
- Financial news outlets (e.g., Reuters, Bloomberg)
- Market research reports on telecommunications infrastructure
- Stock market data providers
Disclaimers:
This JSON output is for informational purposes only and does not constitute financial advice. Data accuracy is based on publicly available information at the time of generation and may not be exhaustive or perfectly up-to-date. Investors should conduct their own due diligence before making any investment decisions.
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 & Interim President of Mobile Infrastructure 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.

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