$NOK

Nordea reduced its price target for Nokia to €12 from €13 but maintained a buy rating. Nokia's share price is currently €9.066, down 4.02% over 5 days and 2.05% year-to-date. Jefferies also reiterated a buy rating for the company.

AQR Capital Management has taken a public short position in Nokia, amounting to 0.53% of its share capital. Nokia specializes in telecom equipment and services, with global operations. The short position is the only public one in the company, as required by regulators for positions above 0.5%.

Orange will test Nokia's AI-RAN platform in its live network, evaluating performance, energy efficiency, and cost. Nokia claims 20% spectral efficiency gains, targeting 50% by 2027. Orange will assess all three of Nokia's deployment models. Nokia is also testing AI-RAN with other telcos globally. The companies aim to explore AI workloads beyond RAN optimization, but economic viability remains unproven.

Semtech launched its 50G optical fronthaul portfolio for 5G-Advanced, addressing AI-driven uplink demand. du and Nokia deployed six-carrier aggregation on 5G-Advanced, boosting capacity. Vodafone Egypt upgraded its RAN with Ericsson's AI processor, improving efficiency and reducing energy use.

Benzinga reports unusual options activity in IT stocks. NVIDIA (NVDA) saw a bearish call sweep at $230 strike, Intel (INTC) a bullish call at $125, and Algorithmic (ALGM) a bullish call at $35. Other notable trades include bearish sweeps on Taiwan Semiconductor (TSM) and Micron (MU), and bullish sweeps on Nokia (NOK) and Dell (DELL).

Nokia (NOK) shares are up over 60% year-to-date due to demand for AI infrastructure. Jim Cramer recommended buying the stock, citing its valuation and AI positioning. Nokia reported Q2 revenue from AI/cloud customers at $509M, with order intake of $3.2B. The company also announced an expanded partnership with Microsoft (MSFT). However, Nokia posted negative free cash flow of $835M in Q2.

B. Riley initiated coverage on Nokia (NOK) with a Buy rating and $15 price target, citing growth in telecom infrastructure and cloud software. Q2 2026 saw 20% growth in Optical Networks revenue and a 105% surge in AI/cloud sales. However, Nokia reported a EUR 50M operating loss, down from a EUR 147M profit a year earlier, due to restructuring costs. Hedge fund interest increased, with 81 funds holding the stock in Q2. Analysts are mostly positive, with a median target of $13.33.

Nokia (NOK) will rejoin the EURO STOXX 50 index on Monday, September 21, 2026. Its ADRs closed at $10.68 on Friday, up 0.75%, with volume at 161.9 million shares. The index change could impact about €59 billion in ETF assets. Nokia's July results showed improved comparable profit but a reported loss due to restructuring. The company expects to convert about half of its €2.8 billion AI and cloud orders within 12 months.

Nokia (NOK) and Microsoft (MSFT) are expanding their partnership to develop an AI-driven data foundation for telecom providers. The collaboration integrates Nokia Data Suite with Microsoft Fabric, aiming to accelerate network automation and data access. The solution is available now, with plans for further expansion.

Nokia Oyj (HLSE:NOKIA) expanded its partnership with Microsoft to enhance telecom automation using AI-driven data operations. The collaboration integrates Nokia Data Suite with Microsoft Fabric, aiming to improve network data access and support AI use cases. Nokia's €52.4 billion communications group is positioned to leverage this integration for recurring, service-heavy revenue growth. The company's ability to convert partnerships into deeper market share will be a key factor to watch.