NOK is trading at $11.15 (+3.7%) on a Q1 earnings beat and multiple analyst upgrades highlighting its AI infrastructure growth.
- Argus Research upgraded the stock to Buy with a $15 target, while BofA ($12.40) and CFRA ($16) also raised targets following strong demand from hyperscalers.
- Q1 2026 revenue rose 4% to €4.5B with EPS of €0.05, driven by significant growth in Network Infrastructure and Optical Networks.
- Shares are up more than 6.4% post-earnings, extending yesterday's 3.9% gain as the market validates Nokia's position in the AI buildout.