Analog Century Management LP bought a new position in shares of Nokia Corporation (NYSE:NOK – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,111,905 shares of the technology company’s stock, valued at approximately $104,244,000. Nokia comprises 5.1% of Analog Century Management LP’s portfolio, making the stock its 4th biggest holding. Analog Century Management LP owned approximately 0.28% of Nokia as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently bought and sold shares of NOK. Arrowstreet Capital Limited Partnership boosted its position in Nokia by 50.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 43,424,695 shares of the technology company’s stock worth $208,873,000 after acquiring an additional 14,482,665 shares during the last quarter. Pzena Investment Management LLC boosted its position in Nokia by 17.0% during the third quarter. Pzena Investment Management LLC now owns 80,329,917 shares of the technology company’s stock worth $386,387,000 after acquiring an additional 11,667,677 shares during the last quarter. Alyeska Investment Group L.P. boosted its position in Nokia by 171.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 17,490,101 shares of the technology company’s stock worth $113,161,000 after acquiring an additional 11,035,002 shares during the last quarter. ARGA Investment Management LP acquired a new stake in Nokia during the fourth quarter worth approximately $49,523,000. Finally, Renaissance Technologies LLC acquired a new stake in Nokia during the fourth quarter worth approximately $37,195,000. Institutional investors and hedge funds own 5.28% of the company’s stock.
Nokia News Summary
Here are the key news stories impacting Nokia this week:
- Positive Sentiment: JPMorgan Chase & Co. raised its price target on Nokia from $14.00 to $21.00 and kept an overweight rating, signaling confidence in roughly 42% upside from current levels.
- Positive Sentiment: Investors are reacting to Nokia’s new trust-based, agentic AI framework for its Network Services Platform, which could improve network operations, reduce troubleshooting time, and strengthen Nokia’s AI-driven product story. Article Title
- Positive Sentiment: Additional commentary from analysts and market coverage suggested Nokia could see faster order growth in 2026, with the company’s push into AI-powered networks viewed as a key longer-term growth driver.
- Positive Sentiment: Recent bullish research also highlighted Nokia’s optical networking transformation, margin expansion potential, and growing AI/cloud exposure as reasons the market may not yet be fully pricing in the upside.
- Neutral Sentiment: One Seeking Alpha piece took a more cautious view, arguing that AI is an opportunity but not a transformative miracle, which adds some balance to the bullish narrative.
Nokia Stock Performance
Nokia (NYSE:NOK – Get Free Report) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.06 EPS for the quarter. Nokia had a net margin of 4.02% and a return on equity of 9.05%. The business had revenue of $5.21 billion for the quarter. As a group, equities research analysts anticipate that Nokia Corporation will post 0.4 EPS for the current year.
Analyst Ratings Changes
A number of brokerages have weighed in on NOK. Bank of America upgraded shares of Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price target on the stock in a report on Monday, April 13th. JPMorgan Chase & Co. lifted their price target on shares of Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a report on Friday. Northland Securities set a $20.00 price target on shares of Nokia in a report on Wednesday, June 3rd. Argus upgraded shares of Nokia from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Monday, April 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a report on Tuesday. Twelve investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Nokia has an average rating of “Moderate Buy” and a consensus price target of $12.57.
Check Out Our Latest Stock Analysis on NOK
Nokia Profile
Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.
Today Nokia’s core activities center on designing, building and supporting communications networks and related software.
See Also
- Five stocks we like better than Nokia
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Want to see what other hedge funds are holding NOK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nokia Corporation (NYSE:NOK – Free Report).
Receive News & Ratings for Nokia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nokia and related companies with MarketBeat.com's FREE daily email newsletter.
