Nokia Corporation (NYSE:NOK) Stock Short Interest Report for September

Key Points

• Nokia’s short interest surged 55.8% to 86.5 million shares as of September 30, representing 1.5% of shares outstanding and a short-interest ratio of approximately one day.
• NOK shares fell 2.7% to $9.31, below both their 50-day and 200-day moving averages. Nokia reported quarterly EPS of $0.08, beating estimates, while revenue increased 8.4% year over year to $5.50 billion but missed expectations.
• Analysts maintain a generally favorable view, with a consensus rating of “Moderate Buy” and an average price target of $13.57 versus the reported share price.

Nokia Corporation (NYSE:NOK - Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 86,495,412 shares, a growth of 55.8% from the September 15th total of 55,521,856 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 90,617,454 shares, the short-interest ratio is presently 1.0 days.

Nokia Trading Down 2.7%

NYSE NOK traded down $0.26 on Friday, hitting $9.31. 36,152,960 shares of the company were exchanged, compared to its average volume of 80,557,703. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.50 and a quick ratio of 1.22. Nokia has a twelve month low of $5.45 and a twelve month high of $17.45. The firm has a market capitalization of $53.49 billion, a P/E ratio of 66.61, a price-to-earnings-growth ratio of 1.12 and a beta of 1.19. The company's 50 day moving average price is $10.25 and its 200-day moving average price is $11.44.

Nokia (NYSE:NOK - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. Nokia had a net margin of 3.49% and a return on equity of 9.83%. The business had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same quarter in the previous year, the business earned $0.04 earnings per share. The firm's revenue was up 8.4% compared to the same quarter last year. Analysts predict that Nokia will post 0.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on NOK shares. S&P Equity Research restated a "positive" rating on shares of Nokia in a research report on Thursday, July 30th. Danske raised shares of Nokia from a "hold" rating to a "buy" rating in a research note on Wednesday, July 1st. UBS Group reiterated a "neutral" rating on shares of Nokia in a report on Wednesday, July 1st. Rosenblatt Securities assumed coverage on shares of Nokia in a research note on Tuesday, September 15th. They set a "buy" rating and a $15.00 price objective on the stock. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Nokia in a research note on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $13.57.

Institutional Trading of Nokia

A number of hedge funds have recently modified their holdings of the business. J2 Capital Management Inc raised its holdings in Nokia by 2.0% in the 1st quarter. J2 Capital Management Inc now owns 68,204 shares of the technology company's stock valued at $548,000 after acquiring an additional 1,319 shares in the last quarter. Syon Capital LLC grew its holdings in shares of Nokia by 12.7% during the 2nd quarter. Syon Capital LLC now owns 11,730 shares of the technology company's stock worth $156,000 after purchasing an additional 1,321 shares in the last quarter. Kathmere Capital Management LLC grew its holdings in shares of Nokia by 14.0% during the 1st quarter. Kathmere Capital Management LLC now owns 12,081 shares of the technology company's stock worth $97,000 after purchasing an additional 1,483 shares in the last quarter. Assetmark Inc. increased its position in shares of Nokia by 12.1% in the first quarter. Assetmark Inc. now owns 14,704 shares of the technology company's stock worth $118,000 after purchasing an additional 1,591 shares during the period. Finally, JGP Wealth Management LLC increased its position in shares of Nokia by 12.0% in the third quarter. JGP Wealth Management LLC now owns 15,816 shares of the technology company's stock worth $160,000 after purchasing an additional 1,698 shares during the period. Hedge funds and other institutional investors own 5.28% of the company's stock.

More Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia’s divestiture of its industrial private wireless and edge business could streamline the company’s portfolio and allow management to focus capital on higher-priority networking and communications opportunities. The transaction may also reduce exposure to a noncore operation, although financial details were not provided. Nokia Divests Industrial Private Wireless and Edge Business
• Neutral Sentiment: Upcoming earnings remain a near-term catalyst, with Nokia expected to report results on Thursday. Investors will likely focus on revenue growth, profitability and forward guidance to determine whether the company can justify its valuation. Nokia Expected to Announce Earnings on Thursday
• Neutral Sentiment: Analyst commentary comparing Nokia with Motorola Solutions frames NOK as a potential value investment, but does not represent a new estimate, contract or fundamental change. The comparison could attract value-focused investors while highlighting Nokia’s weaker recent trading performance. NOK or MSI: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: Articles about Nokia phones that could make a comeback in 2027 are primarily consumer-interest and nostalgia coverage. They do not indicate a product launch or near-term financial impact for Nokia Corporation. 4 Nokia Phones We Wish Made a Comeback in 2027
• Negative Sentiment: A report that Nokia may exit selected markets raises uncertainty around the company’s geographic strategy and could signal weaker opportunities or restructuring costs in those regions. While exits may improve long-term efficiency, investors may initially view the report as evidence of portfolio pressure. Nokia’s Parent Company Reportedly Looking to Quit Select Markets
• Negative Sentiment: Nokia transferred 2,142,361 company-held shares to participants in its equity incentive plans. The transaction is routine and does not raise cash, but it increases shares held by employees and may create modest dilution or selling pressure. Senior-manager transaction notices were also filed, though the provided reports do not disclose enough detail to establish a clear insider-buying or selling signal. Changes in Nokia Corporation’s Own Shares

About Nokia

Nokia Oyj is a Finland-based technology company that develops and supplies communications networking equipment, software and related services. Its offerings support mobile and fixed broadband networks, including radio access networks, core networks, fiber and other fixed-access technologies, IP routing, optical networking, private wireless systems, cloud networking and network automation.

The company serves telecommunications operators, governments, enterprises and other organizations worldwide.

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