NOK is trading at $10.92, up 4.4% from its previous close, following strong Q1 2026 earnings and a significant upward revision to its long-term growth outlook.
- The company reported EUR 4.5 billion in net sales, highlighted by a 49% revenue surge in its AI and cloud segment and EUR 1 billion in new orders from AI clients.
- Management raised its 2026 Network Infrastructure growth forecast to 12% as gross margins expanded to 45.5%, reflecting the company's strong positioning in the high-growth AI infrastructure market.