--- title: "Weekly Recap | Nokia Oyj -4.04%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/299513034.md" description: "Nokia fell 4.04% this week to close at $10.68, while the S&P 500 slipped 0.08%, leaving the stock roughly 3.96 percentage points behind the benchmark. The week’s range was 12.06%. Volume picked up sharply, with daily turnover averaging 129.4m shares, about 51% above the median. Monday opened lower and slid to an intraday low of $9.65. Wednesday recovered to $10.14, and the stock pushed higher into the back half of the week. Thursday and Friday both touched $10." datetime: "2026-09-19T06:27:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299513034.md) - [en](https://longbridge.com/en/news/299513034.md) - [zh-HK](https://longbridge.com/zh-HK/news/299513034.md) generator: "portal-rs" --- # Weekly Recap | Nokia Oyj -4.04%, consensus target above spot ## The Week Nokia fell 4.04% this week to close at $10.68, while the S&P 500 slipped 0.08%, leaving the stock roughly 3.96 percentage points behind the benchmark. The week’s range was 12.06%. Volume picked up sharply, with daily turnover averaging 129.4m shares, about 51% above the median. Monday opened lower and slid to an intraday low of $9.65. Wednesday recovered to $10.14, and the stock pushed higher into the back half of the week. Thursday and Friday both touched $10.86 intraday but failed to hold those levels, leaving a rally-and-fade profile. ## Key Events The main thread this week was Nokia’s deepening partnership with Microsoft and the commercialisation of AI-RAN. On Wednesday, Nokia jumped more than 5% intraday as traders linked the move to a UK defence deal and AI-RAN progress. Thursday brought the headline announcement: Nokia and Microsoft are working together to accelerate network automation through an agentic, unified data foundation, and pre-market gains reached nearly 6%. Jim Cramer also singled out Nokia positively on his show that day. On Friday, the ADR outperformed in a strong trading day and extended higher in the night session, with commentary focused on faster AI-RAN commercialisation, the expanded Microsoft tie-up, and new defence momentum. ## Analyst Ratings Among the 13 brokers covering Nokia, 6 rate it buy, 4 rate it over, 2 rate it hold, and 1 rates it under, with no sells and no no-opinion ratings. The consensus rating is buy. The consensus target price is $14.96, about 40.11% above the latest price. The target range is wide, from $8.50 to $21.00, pointing to sizeable disagreement among analysts. Within the communications equipment industry, Nokia ranks 6th out of 40 names by rating. ## The Week Ahead The macro calendar is busy next week. Tuesday brings the Richmond Fed composite index; Wednesday includes EIA weekly crude and Cushing inventories; Thursday features initial jobless claims, the current account balance, new home sales, and EIA natural gas storage. On the company side, Nokia’s fiscal 2026 first-nine-months results are scheduled for 22 October, with consensus estimates at $0.0511 EPS and $5.799bn revenue, still several weeks away. ## In Short Nokia’s share price fell this week even as the news flow highlighted a deeper Microsoft collaboration, faster AI-RAN commercialisation, and fresh defence progress. Brokers kept a buy consensus with a target price about 40% above spot. The tension sits against a stretched valuation, with a P/E near 72.7x and a price-to-book near 2.5x, while the latest-day fund-flow snapshot showed large-lot buyers, though that is not a weekly trend. The follow-through to watch is whether AI network partnerships convert into orders, and how October earnings validate revenue and profit. *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 - [AI Network Trial Might Change The Case For Investing In Nokia (HLSE:NOKIA)](https://longbridge.com/en/news/301495292.md) - [Brazil research network RNP selects Nokia, Q13 to modernize rede Ipê backbone](https://longbridge.com/en/news/301010839.md) - [Nokia CEO says data centers would be built '2x faster' without supply constraints](https://longbridge.com/en/news/300971419.md) - [Nokia, ICEYE Plan Sovereign Satellite Networks for Governments, Defense](https://longbridge.com/en/news/300708419.md) - [ICEYE, Nokia partner on sovereign LEO satcom systems for governments, defense users](https://longbridge.com/en/news/300797432.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**