NokiaNOK
Market Cap: $23.1B
About: Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.
Employees: 86,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
119% more call options, than puts
Call options by funds: $35.9M | Put options by funds: $16.4M
28% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 110
2% more capital invested
Capital invested by funds: $1.23B [Q1] → $1.25B (+$20.8M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0.3% less ownership
Funds ownership: 6.19% [Q1] → 5.9% (-0.3%) [Q2]
0% less funds holding
Funds holding: 433 [Q1] → 431 (-2) [Q2]
3% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 60
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Northland Capital Markets Tim Savageaux 57% 1-year accuracy 4 / 7 met price target | 53%upside $6.50 | Outperform Reiterated | 4 Sept 2024 |
Financial journalist opinion
Based on 38 articles about NOK published over the past 30 days