--- title: "Weekly Recap | Nokia Oyj +10.97%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/298793173.md" description: "Nokia (NOK) rose 10.97% this week to close at $11.13, up from $10.03 at the end of the previous week. Over the same stretch the S&P 500 fell 0.8%, so Nokia outperformed the benchmark by about 11.77 percentage points. The week had only four trading sessions and was not a straight-line rally. Tuesday opened at $10.46, pushed to $10.86 intraday, then faded to close at $10.65. Wednesday gapped up to $10.99 and touched $11.155, but ended at $10.760, leaving a long upper wick." datetime: "2026-09-12T06:22:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298793173.md) - [en](https://longbridge.com/en/news/298793173.md) - [zh-HK](https://longbridge.com/zh-HK/news/298793173.md) generator: "portal-rs" --- # Weekly Recap | Nokia Oyj +10.97%, most brokers rate it buy ## The Week Nokia (NOK) rose 10.97% this week to close at $11.13, up from $10.03 at the end of the previous week. Over the same stretch the S&P 500 fell 0.8%, so Nokia outperformed the benchmark by about 11.77 percentage points. The week had only four trading sessions and was not a straight-line rally. Tuesday opened at $10.46, pushed to $10.86 intraday, then faded to close at $10.65. Wednesday gapped up to $10.99 and touched $11.155, but ended at $10.760, leaving a long upper wick. Thursday pulled back to $10.62, and Friday re-accelerated to close near the weekly high at $11.13. Weekly amplitude was 8.03%, and average daily volume of about 88.7m shares ran roughly 3.6% above the median, showing normal-to-active turnover. ## Key Events The week’s story was Nokia repeatedly catching bids on AI infrastructure and optical networking themes. On Tuesday the stock rose nearly 4% intraday alongside the optical communications sector, and the company announced changes in its own shares. On Wednesday Nokia revealed its Mobile Core Early Access programme and briefly surged more than 8% during regular trading; the same day, Nokia and Orange completed a live optical network tomography trial in France, while Google announced a 13 billion euro AI infrastructure investment in Finland, a development market participants linked to Nokia’s European network-equipment exposure. Some call options jumped 250% during the week. On Thursday Nokia launched an AI and edge platform for mining, construction, public safety and defence customers, unveiled cognitive operations, and won a Planters Broadband contract to build an AI-ready fibre network in southeast Georgia. On Friday Rajant and Nokia announced a collaboration on integrated networking and distributed edge AI for mission-critical enterprises. The dense run of AI and optical news lined up with the stock’s upward drift. ## Analyst Ratings Among the 12 institutions covering Nokia, 5 rate it buy, 4 rate it outperform, 2 rate it hold and 1 rates it underperform, with no sells. The consensus recommendation is buy, and the consensus target price of $14.96 sits about 34.4% above the latest price of $11.13. Target prices range from $8.50 to $21.00, a wide spread that points to meaningful disagreement. Nokia ranks 8th among 41 companies covered in the communications-equipment industry. ## The Week Ahead Attention shifts next week to US retail sales and manufacturing data. On Tuesday 15 September the New York Fed manufacturing index is due, with a prior reading of 20.6 and a consensus estimate of 14.75. Wednesday 16 September brings retail sales, retail sales ex-autos, import prices, the NAHB housing market index, and EIA weekly crude and Cushing inventories; retail sales carry a prior print of -0.6% and a 0.9% estimate. Nokia’s third-quarter fiscal 2026 results land on Thursday 22 October, with the market pencilling in EPS of $0.0511 and revenue of $5.756 billion. That report is the next key test of whether AI and optical orders are translating into financial results. ## In Short Nokia’s double-digit weekly gain was driven by optical and AI infrastructure themes, and the stock beat the S&P 500 by more than 11 percentage points, a sign of concentrated money flow into the name. The tension sits in the mix: analysts lean constructive, with a buy consensus and a target roughly 34% above spot, while the stock trades around 75.7x earnings and 2.57x book value, which is not cheap. On the latest session, large-lot money was a small net seller while medium and small-lot flows were net buyers, so direction is not uniform. The follow-through to watch is whether AI-linked orders show up in revenue and profit at the 22 October results, and whether macro data shifts appetite for high-multiple communications-equipment stocks. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [NOK.US](https://longbridge.com/en/quote/NOK.US.md) - [LNOK.US](https://longbridge.com/en/quote/LNOK.US.md) ## Related News & Research - [Is Mobile Core Launch Altering The Investment Case For Nokia (HLSE:NOKIA)?](https://longbridge.com/en/news/298537764.md) - [Telxius Boosts Global Network Capacity and Efficiency with Nokia 800G Coherent Pluggable Deployment | NOK Stock News](https://longbridge.com/en/news/299018899.md) - [ESpanix deploys Nokia Deepfield Defender to protect Spain's internet traffic from DDoS attacks | NOK Stock News](https://longbridge.com/en/news/298879620.md) - [Orange, Nokia complete network tomography trial on Orange France optical transport network](https://longbridge.com/en/news/298554992.md) - [Changes in Nokia Corporation's own shares | NOK Stock News](https://longbridge.com/en/news/298334052.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**