Added to YB: 2026-05-15
Pitch date: 2026-05-13
NOK [bullish]
Nokia Oyj
Author Info
Gaetano shares institutional-quality research on the future of AI infrastructure and photonics. Deep dives, timely updates, and real education built for conviction investors. Sign up for the newsletter.
Company Info
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa.
Market Cap
EUR 66.9B
Pitch Price
N/A
Price Target
22.00 (+98%)
Dividend
1.17%
EV/EBITDA
23.27
P/E
86.12
EV/Sales
3.22
Sector
Communications Equipment
Category
growth
NOKIA - Pump and Dump? What Do I See?
NOK: Nokia shifted from telecom to AI networking powerhouse. Optical+IP rev €5.8B (30% of total) in 2025, growing 18-20% in 2026 to €6.8-7B. Q1: AI/Cloud orders €1B (+49%), Optical +20%, gross margin +320bps, guidance raised. Infinera acquisition = #2 global optical share (20%). San Jose InP fab ramps late 2026 for 800G/1.6T/2.4T coherent. NI op margin 9.5%→13-17% by 2028 target. NVDA partnership on AI-RAN. Base PT $22-26 in 18-24mo. Risk: RAN share loss, hyperscaler lumpiness.
Read full article (10 min)