$NOK

Nokia Investors Won’t Like This: Jim Cramer Says NOK Stock Is a Buy

Jim Cramer recommended Nokia (NOK) on Mad Money, citing its AI and cloud growth. Shares rose 3.8% after announcing a Microsoft partnership. Nokia's stock is up 132.81% over 12 months, with Q2 revenue beating estimates. However, it reported a Q2 loss and negative free cash flow. Analysts have mixed views on its valuation and future performance.

Original reporting
Published Sep 17, 2026, 4:15 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 17, 2026, 4:43 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Nokia Investors Won’t Like This: Jim Cramer Says NOK Stock Is a Buy — source image
Decision brief

The 30-second read

$NOKBullishHigh
01

Why it matters

The fresh partnership and high‑profile endorsement provide a short‑term catalyst, but underlying cash flow and supply issues remain concerns.

02

Market read

The news creates immediate buying pressure on NOK and highlights AI trends in telecom, with potential spillover to peers.

03

What to watch

Supply constraints and negative free cash flow could limit near‑term upside despite the partnership.

Relevance 7/10Novelty 7/10Timing: intraday Thursday

Background

Jim Cramer praised Nokia on Mad Money, coinciding with an announced AI partnership with Microsoft that lifted the stock 3.8% intraday.

Company-level read

Ticker impact

$NOKBullishHigh confidence
Context

Cramer endorsement and expanded partnership with Microsoft drove a 3.8% intraday rise in Nokia shares.

Expected impact

Expect continued upside of 2‑4% over the next few days as investors digest the AI partnership.

Evidence & confidence

The catalyst is fresh, the stock already rallied on the news, and the AI market tailwinds are strong for Nokia.

Market effects

Boosts confidence in telecom equipment sector's AI integration trend.

Positive for European tech stocks, especially Nordic telecom players.

Reinforces broader AI adoption narrative across hardware vendors.

Counterpoint

Inverse Cramer strategies may view the endorsement skeptically, betting on a pull‑back after the hype.

Key entities

  • Nokia

    Finnish telecom equipment maker (ticker NOK).

  • Microsoft

    Partner in AI‑powered network automation platform.

Related articles

$NOKMed

Nokia Stock Adds 4.4% as Microsoft Fabric Becomes Its Network-Data Layer

Nokia's U.S. shares rose 4.4% after announcing a Microsoft-backed data layer for telecom networks. The integration combines Nokia Data Suite with Microsoft Fabric, aiming to automate network tasks. Nokia's ADR reached $10.585, with 82 million shares traded. The companies did not disclose financial details or customer orders. Nokia's Q2 sales grew 8%, with AI-related orders at €2.8 billion.

$NOKMed

Why is Nokia stock rallying today?

Nokia (NOK) stock rose 3.9% after announcing an expanded partnership with Microsoft to integrate Nokia Data Suite with Microsoft Fabric, aiming to provide faster network insights for telecom operators. The rally follows recent AI-RAN trial progress, insider buying, and analyst support with price targets ranging from $15 to $21. Nokia's return to the Euro STOXX 50 index on September 21 is also anticipated to drive demand.

$NOKMed

Nokia Shares Jump After Expanding Microsoft Deal to Put AI Agents Inside Telecom Networks — BigGo Finance

Nokia (NOK) shares rose 6% after expanding its partnership with Microsoft (MSFT) to integrate AI agents into telecom networks. The collaboration aims to speed up data processing for AI applications, with early deployments targeting autonomous network assurance, geo-experience analysis, and predictive maintenance. Nokia's stock has gained nearly 70% in 2026, and analysts expect Q3 earnings of 8 cents per share on revenue of $5.81 billion.

$NOKMed

B.Riley initiates Nokia stock coverage with buy rating on AI growth

B.Riley initiated coverage on Nokia (NYSE:NOK) with a Buy rating and $15 price target, citing 48% upside potential. The firm highlighted Nokia's growth in optical and IP routing segments, driven by AI infrastructure demand. Nokia's Q2 2026 earnings beat profit estimates but missed revenue forecasts. The company also announced AI-RAN trial expansions and plans to close most China sites by year-end.

$NOKMed

Why Is Nokia Stock Trading Higher Today? - Microsoft (NASDAQ:MSFT), Nokia (NYSE:NOK)

Nokia (NYSE:NOK) shares rose 5% in premarket trading after expanding its AI-driven network automation partnership with Microsoft (NASDAQ:MSFT). The collaboration aims to accelerate AI-driven automation for telecom operators. Nokia's stock has gained nearly 70% in 2026. Earnings are expected on Oct 22, with analysts forecasting EPS of 8 cents and revenue of $5.81 billion. The stock has a Buy consensus rating with an average price target of $17.

$NOKHigh

Nokia stock jumps as Microsoft AI data partnership expands

Nokia (NOK) and Microsoft (MSFT) expanded their partnership to integrate Nokia Data Suite with Microsoft Fabric, aiming to automate telecom network operations. Nokia's stock rose 6.3% on the news, bringing its year-to-date gain to about 70%. The collaboration targets faster data processing and AI-driven network management, with initial use cases in VoNR assurance, geo-experience, and predictive maintenance.