Nokia Corp vs ON Holding AG — how do they compare? Nokia Corp trades at $10.36 (market cap $56.99B), while ON Holding AG trades at $35.07 (market cap $11.38B). The key difference: Nokia Corp is far larger — about 5× ON Holding AG's market cap, and Nokia Corp pays a 1.61% dividend while ON Holding AG pays none. Which is the better fit depends on your goals — on Pluang, investors hold Nokia Corp for 66 Days and ON Holding AG for 22 Days on average.
| NOK | ONON | |
|---|---|---|
Market Cap | $56.99B | $11.38B |
Volume | 69,968,204 | 13,732,872 |
Sector | Technology | Consumer Cyclical |
52-Week High | $16.83 | $50.63 |
52-Week Low | $5.18 | $26.76 |
Typical Hold Time | 66 Days | 22 Days |
Enterprise Value | $55.01B | $10.54B |
Dividend Yield | 1.61% | — |
Signals from Pluang's Aura AI — not financial advice
Nokia (NOK) trades at $10.36, down 2.45% on the day, with a bearish technical signal and neutral oscillators. The company reported mixed quarterly earnings, with a beat in Q2 2026 but a miss in Q1 2026. Revenue for 2025 was $19.89 billion, with a net income margin of 3.47%. Recent news highlights partnerships in AI and satellite communications, including an expanded collaboration with Microsoft and a defense-focused satellite venture with ICEYE.
The stock presents a valuation disconnect, with a high P/E of 75.09 but strong analyst optimism—61.5% recommend Buy, with a consensus price target of $17.50. Upside catalysts include AI infrastructure demand and strategic partnerships, while risks involve competitive pressures and volatile cash flows, evidenced by a net cash outflow of $1.16 billion in 2025.
ONON stock trades at $35.09, up 5.63% with strong bullish momentum. The company demonstrates robust fundamentals with 64.82% gross margins and consistent earnings beats, including Q2 2026 EPS of $0.44 versus $0.42 expected. Recent investor day announcements of a $1 billion buyback program and ambitious 2029 targets have fueled positive sentiment. Technical indicators show bullish moving averages but overbought RSI conditions.
Outlook remains positive with analyst consensus at $42.26 target (20% upside) and 74% buy ratings. Key opportunities include premium store expansion and new sports categories, while risks involve execution on growth targets and competitive pressures in athletic footwear. The stock's current valuation at 24x P/E reflects growth expectations.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Latest headlines on both assets
Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software, and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.
Read more on NOK →ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.
Read more on ONON →