Nokia (NYSE:NOK) Downgraded by Wall Street Zen to "Hold"

Key Points

• Wall Street Zen downgraded Nokia from a "buy" to a "hold," though the broader analyst mix remains positive (12 Buys, 4 Holds, 2 Sells) and MarketBeat's consensus rating is "Moderate Buy."
• Nokia agreed to sell its FWA CPE unit to Inseego for roughly $20 million while taking a meaningful equity stake, a strategic move that preserves upside but provides only modest immediate cash proceeds.
• Shares are trading near $13.29 (one‑year high $13.89) with a market cap of about $76.3B and a high PE of 83, while the average analyst target price of $9.71 sits notably below the current share price.

Nokia (NYSE:NOK - Get Free Report) was downgraded by Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Sunday.

Other research analysts have also recently issued research reports about the company. Citigroup reissued a "sell" rating on shares of Nokia in a research note on Friday, January 23rd. Argus raised Nokia from a "hold" rating to a "buy" rating and set a $15.00 price objective on the stock in a research note on Monday, April 27th. Barclays reissued an "underweight" rating on shares of Nokia in a research note on Wednesday. Arete Research raised Nokia from a "neutral" rating to a "buy" rating in a research note on Wednesday. Finally, Kepler Capital Markets upgraded Nokia from a "hold" rating to a "buy" rating in a report on Wednesday, January 7th. Twelve research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $9.71.

Nokia Stock Up 2.9%

Shares of NYSE:NOK opened at $13.29 on Friday. Nokia has a 1 year low of $4.00 and a 1 year high of $13.89. The business has a 50 day simple moving average of $8.94 and a two-hundred day simple moving average of $7.37. The firm has a market capitalization of $76.31 billion, a PE ratio of 83.07, a price-to-earnings-growth ratio of 2.57 and a beta of 1.12. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 1.36.

Nokia (NYSE:NOK - Get Free Report) last announced its earnings results on Tuesday, March 31st. The technology company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $5.21 billion during the quarter. Nokia had a return on equity of 9.22% and a net margin of 4.02%. On average, equities analysts predict that Nokia will post 0.4 EPS for the current year.

Hedge Funds Weigh In On Nokia

Large investors have recently made changes to their positions in the business. Fifth Third Bancorp increased its position in shares of 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 purchasing an additional 2,721 shares in the last quarter. Wexford Capital LP acquired a new position in shares of Nokia during the third quarter worth $29,000. FNY Investment Advisers LLC increased its position in shares of Nokia by 33,457.1% during the fourth quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company's stock worth $30,000 after purchasing an additional 4,684 shares in the last quarter. Dorato Capital Management acquired a new position in shares of Nokia during the fourth quarter worth $31,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Nokia during the third quarter worth $34,000. 5.28% of the stock is owned by institutional investors and hedge funds.

Key Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Jim Cramer publicly called Nokia “a winner” after the company’s upbeat Q1 results and guidance raise, amplifying retail and institutional interest and supporting the rally. Jim Cramer on Nokia
• Positive Sentiment: Nokia agreed to sell its FWA CPE business to Inseego and will take a meaningful equity stake, creating a strategic partner for joint go‑to‑market activity (including 6G/edge work) that lets Nokia focus on core network infrastructure while keeping upside to FWA growth. Nokia exits FWA CPE business
• Neutral Sentiment: The buyer (Inseego) says the deal will materially scale its revenue — nearly doubling its top line per some analyst commentary — which supports the strategic rationale for Nokia’s stake, but most immediate cash proceeds to Nokia are modest. Inseego revenue impact
• Neutral Sentiment: The FWA CPE unit was sold for roughly $20m — a small one‑time cash inflow relative to Nokia’s market cap; the strategic value (stake + partnership) is the bigger takeaway for long‑term investors. Sale price details
• Neutral Sentiment: Nokia highlighted product innovation (an end‑to‑end quantum‑safe demo kit), underlining its push into secure, next‑gen networking tech — positive for positioning but unlikely to move near‑term earnings materially. Quantum-safe demo kit
• Negative Sentiment: Insider/manager share disposals were reported (Prosi sold a block of shares), which investors may view as a modest negative signal even though the transactions appear limited in size. Managers' transactions (Prosi)

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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