Nokia Corporation (NYSE:NOK) Short Interest Update

Key Points

• Short interest rose 17.1% in February to 38,887,557 shares (about 0.7% of shares short), but the short‑interest ratio is only 0.8 days, indicating the rise is notable yet small relative to daily trading volume.
• Nokia is pushing into the AI‑era networking market with new coherent optical solutions, a PON-based out‑of‑band management product (Aurelis) and a DDoS firewall win, supporting its growth story while analysts remain mixed; consensus is a Moderate Buy with a $7.01 target and shares trading near $8.66 (market cap ≈ $49.7B).

Nokia Corporation (NYSE:NOK - Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 38,887,557 shares, an increase of 17.1% from the February 12th total of 33,196,012 shares. Approximately 0.7% of the company's shares are short sold. Based on an average daily trading volume, of 46,166,308 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 46,166,308 shares, the short-interest ratio is currently 0.8 days. Approximately 0.7% of the company's shares are short sold.

Wall Street Analysts Forecast Growth

Several analysts have commented on NOK shares. Arete Research cut shares of Nokia from a "buy" rating to a "neutral" rating in a research note on Friday. Santander raised Nokia from a "neutral" rating to an "outperform" rating in a research note on Monday, February 2nd. Citigroup restated a "sell" rating on shares of Nokia in a report on Friday, January 23rd. Argus upgraded Nokia to a "hold" rating in a research note on Wednesday, February 11th. Finally, Morgan Stanley started coverage on Nokia in a research report on Monday, February 9th. They set an "overweight" rating and a $8.00 target price on the stock. Eight analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $7.01.

Nokia News Roundup

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia announced a new suite of application‑optimized coherent optical solutions aimed at AI-era networks, touting up to 70% lower total cost of ownership and a compact in-line amplifier that boosts service density — a direct product push into hyperscale/data center spending. Nokia launches suite of application‑optimized optical solutions for AI-era networks
• Positive Sentiment: Nokia unveiled Aurelis, a PON‑based out‑of‑band management (OOBM) solution for data centers that promises lower power, space and operational cost — potentially attractive to large operators looking to reduce OPEX in dense AI deployments. Nokia brings PON-based out-of-band management to data centers
• Positive Sentiment: Nokia won a deployment of its DDoS firewall with a major European data‑center operator — a visible commercial validation that can help drive near-term revenue and references in the cyber/infra market. Nokia DDoS firewall deployed by European data center giant
• Positive Sentiment: Multiple industry outlets covered Nokia’s broader push — a cross‑portfolio optical and routing "AI tech suite" positioning the company as a systems supplier to hyperscalers, which supports the longer-term growth story in optical/network infrastructure. Nokia lifts lid on tech suite to meet AI demands
• Neutral Sentiment: Market commentary frames optical networking as a structural "supercycle" driven by AI; Nokia is profiled as a systems-level beneficiary versus component suppliers — supportive context but not a direct company catalyst. More Than Just Brains: The AI Revolution's Nervous System
• Negative Sentiment: Arete Research cut Nokia to Neutral, which could cap upside from some institutional holders and adds near‑term analyst skepticism despite product momentum. Nokia NYSE: NOK Cut to Neutral at Arete Research

Nokia Stock Performance

Shares of NOK stock opened at $8.66 on Tuesday. The firm has a market capitalization of $49.70 billion, a price-to-earnings ratio of 66.58, a price-to-earnings-growth ratio of 3.01 and a beta of 0.79. The company has a 50 day moving average price of $7.17 and a 200 day moving average price of $6.29. Nokia has a one year low of $4.00 and a one year high of $8.82. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.36 and a current ratio of 1.58.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp increased its stake in Nokia by 248.7% during the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company's stock worth $25,000 after acquiring an additional 2,721 shares during the last quarter. FNY Investment Advisers LLC lifted its stake in shares of Nokia by 33,457.1% in the 4th quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company's stock valued at $30,000 after purchasing an additional 4,684 shares in the last quarter. Dorato Capital Management purchased a new stake in shares of Nokia during the 4th quarter worth about $31,000. Smithfield Trust Co acquired a new stake in Nokia during the 4th quarter worth approximately $35,000. Finally, Wexford Capital LP acquired a new stake in Nokia during the 3rd quarter worth approximately $29,000. Institutional investors and hedge funds 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.

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