Lumentum Holdings reported a strong fiscal Q4 with adjusted EPS of $3.23 beating estimates and revenue doubling year-over-year to $1.01 billion. The company raised its Q1 revenue and EPS guidance, driven by demand for AI-related optical components and systems. This earnings beat lifted related optical networking stocks like Nokia, Celestica, Applied Optoelectronics, and Ciena, reflecting growing investor optimism about AI-driven optical demand. Despite high valuations, the sector is expected to see sustained revenue growth due to increasing AI infrastructure needs and geopolitical factors favoring Western suppliers.
Nokia Oyj is rated Hold with a target price range of $8.50 to $11.30, reflecting optimism about its AI infrastructure potential but concerns over its valuation. The company needs its Network Infrastructure segment to achieve an operating margin above...
Nokia's stock surged 67% year-to-date, driven by strong Q2 revenue and earnings growth fueled by a 105% year-over-year increase in AI and cloud sales. However, the company faced challenges as free cash flow turned negative and net cash declined. Whil...
Nokia reported an 8.3% year-over-year revenue increase in Q2 to €4.82 billion, driven by a 105% surge in AI and cloud net sales, reflecting strong growth in digital infrastructure. The company maintained its 2026 operational outlook but adjusted its ...
Coherent and Cisco shares dropped after reporting strong fiscal Q4 results, with Coherent's cash flow down sharply and Cisco facing margin pressure from AI hardware costs. Meanwhile, Ciena and Nokia stocks rose, benefiting from growing demand for dat...
Nokia is advancing its AI-radio access network (AI-RAN) technology with Nvidia's AI compute integration and T-Mobile as a key trial partner, aiming for commercial availability by late 2027. The collaboration includes Nvidia's $1 billion investment an...
