contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


nokia-valuation-modest-improved-performance

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Atte Riikola

Nokia is a global telecommunications company. The company offers solutions in IP, broadband, digital health, and cloud-based systems. The customers are found in a broad base of markets and consist of large corporate customers, authorities, and private consumers. The business is established on a global level in all regions. Nokia was founded in 1865 and the head office is located in Esbo, Finland.

Nokia builds and supplies critical infrastructure where there are few operators. However, poor coverage of wireless networks has kept the stock’s valuation low. However, the industry is in transition. From a future perspective, what could be trendier than a global data network enhanced with artificial intelligence? This thought is worth a moment of consideration.

It’s clear that the American CEO brings the multiples, and the better the company is put together, the closer it gets to the American core peer group - this has been seen globally in several companies around the world. But it gets little attention how much the ADR (American Depositary Receipt) volume has grown since the new CEO! At the moment, it seems that both Wall Street and American “windbreaker” retail investors have a better grip on where things are going and what to expect from Nokia. Time and the stock price will show whether this was the case this time too, as happened with Tesla, for example.

The value of Infinera is not seen the same way here as it is across the Atlantic. That’s why the share price can still rise a lot while people wonder about the increase.

Could the rise of Nokia and the wonder surrounding it end up like Tesla?  95% of us Finns (referring to typical Finnish “windbreaker” people) thought “ew, it’s so expensive,” and yet the stock continued to rise like a grandma in the snow, admittedly without good fundamentals, but still! I myself am, of course, surprised by Nokia’s current stock price. This is a surprise, even though I’ve followed Nokia quite actively for 30 years. Maybe the American CEO is bringing American multiples?

Nokia Technical Analysis 7/4 https://stockinvest.us/stock/NOK

Summary   Nokia has surged over 100% since August 2025, despite negative earnings growth and weak fundamentals.   I view NOK’s recent upswing as driven by speculation around AI and cloud, not by sustainable financial results or margin expansion.   The Infinera acquisition was costly, dilutive to margins, and has yet to deliver meaningful profit or competitive advantage.   I assign NOK a ‘HOLD’ rating, with a fair value target of $5/share, as current valuation far exceeds justified upside.   I do much more than just articles at Wolf of Value: Members get access to model portfolios, regular updates, a chat room, and more. Nokia: Why This Upswing Is Dangerous (NYSE:NOK) | Seeking Alpha

Zacks Investment Research              Nokia (NOK) Moves 6.7% Higher: Will This Strength Last?    Nokia (NOK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Nokia

Nokia ended the year with a strong earnings beat, and the turnaround that the company's strategy has been aiming for has been right on track for the past two years. 

<p>Nokia ended the year with a strong earnings beat, and the turnaround that the company's strategy has been aiming for has been right on track for the past two years. The company's comparable operating profit has taken a leap from the previous level of around EUR 2 billion to over EUR 3 billion, while the quality of the result has improved due to reduced one-off items. Nokia's share valuation (2023e P/E 10x) looks low already considering the current performance, and with good execution of the strategy there is still room for earnings growth through both top-line growth and margin improvement.</p> 

	2022	23e	24e
Revenue	24,911.0	25,772.8	25,880.6
growth-%	12.2 %	3.5 %	0.4 %
EBIT (adj.)	3,109.0	3,190.0	3,370.5
EBIT-% (adj.)	12.5 %	12.4 %	13.0 %
EPS (adj.)	0.44	0.43	0.45
Dividend	0.12	0.18	0.22
Dividend %	2.8 %	2.4 %	3.0 %
P/E (adj.)	9.9	17.2	16.6
EV/EBITDA	6.2	10.1	9.2

Nokia: Valuation is modest with improved performance

Key Estimate Figures26.01.2023

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