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Nokia's AI & Cloud orders surge 105%, boosting growth outlook and stock value at $10.

Analyst Insights
20 Sep 2026
Seeking Alpha
View Source
Bullish
Nokia's AI & Cloud orders surge 105%, boosting growth outlook and stock value at $10.

Nokia reported a 105% increase in AI & Cloud revenues to €446 million in Q2 2026, with €2.8 billion in orders, highlighting strong demand for its optical networking products. The company expects only half of these orders to convert into revenue within 12 months, indicating sustained long-term growth potential. Trading at about 20 times its 2027 earnings estimates, Nokia's stock offers upside from margin expansion and AI-driven sales growth. This positions Nokia attractively for investors looking for growth in telecom technology sectors.

Nokia's stock is currently trading at USD 10.69 on Pluang, showing a modest gain of 0.75% in the last day. As of Sep 21, 2026 01:11 WIB, the company holds a market cap of $60.15 billion with a dividend yield of 1.53%.

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