Nokia is transforming from a traditional telecom company into a leading provider of AI and optical/IP network solutions. In Q1, its AI and cloud sales surged 49% year-over-year, driven by strategic moves like acquiring Infinera and Nvidia's $1 billion investment. Management now expects the addressable market to grow at a 27% compound annual rate through 2028. Operationally, Nokia improved its Q1 gross margin by 320 basis points to 45.5%, increased operating profit by 54% year-over-year, and holds €3.8 billion in net cash. These factors support a bullish outlook with a 12-month price target of $16.50, reflecting potential upside as AI and cloud revenues expand and valuation multiples improve beyond traditional telecom levels.
Nokia's stock has surged 140% over the past year, driven by strong momentum in AI and cloud orders, with AI and cloud revenue growing 49% in Q1. The company secured €1 billion in new firm orders and upgraded its 2026 growth guidance for Network Infra...
Nokia has signed an agreement with Taiwan Mobile to expand their 5G partnership by deploying Nokia's AirScale portfolio and AI-driven software to modernize Taiwan Mobile's network. This upgrade aims to enhance network performance, automation, and sus...
