companies / NYSE
Nokia
Finnish networking equipment maker. NVIDIA invested $1B in Oct-2025 (2.90% stake) to co-develop AI-RAN and 6G via the NVIDIA Arc Aerial RAN Computer platform. 2026 Q1 AI+cloud net sales YoY +49%; CAGR guide raised from 16% to 27% through 2028. Also supplies data-center routers/switches to Microsoft Azure and CoreSite.
近 30 天股價
最新估值
## Notes (comps_pe — hybrid blend, top-down EPS anchored) ### Headline - Implied: **USD 7.74 / 10.50 / 21.58** (low / mid / high) - Reference: USD **7.20** → mid upside **+45.83%** - Blended Fwd P/E CY26E: **21.08x** (80% telco median 15.53x + 20% AI-infra median 43.31x) - NOK CY26E EPS: **$0.498** (top-down; consensus market-implied $0.48 at 15.0x; +3.81% divergence) ### Peer cohorts (Q1 2026 spot) | Cohort | Peer | Spot USD | Fwd P/E | Freshness | |---|---|---|---|---| | Telco-eq | ERIC | ~7.10 | 13.63x | stale (sourced from public IR) | | Telco-eq | CSCO | ~62.50 | 16.64x | stale (sourced from public IR) | | Telco-eq | HPE | 37.58 | 15.53x | fresh 2026-05-22 | | AI-infra | COHR | 377.57 | 41.49x | fresh 2026-05-22 | | AI-infra | MRVL | 196.33 | 45.13x | fresh 2026-05-22 | ### Why the asymmetric range - Low $7.74 = telco-only multiple (15.53x × $0.498) - High $21.58 = AI-infra-only multiple (43.31x × $0.498) - Mid $10.50 = 80/20 blended The width directly reflects the central investment debate: does Nokia earn an AI-infra re-rating from the NVDA stake, or does it stay anchored to telco-eq multiples? Today's market price ($7.20) implies "stays telco" + small discount; mid case implies partial re-rating. ### Why blend 80/20 (not 50/50) Nokia FY25 revenue is ~85% telco-eq. Mgmt's raised 27% AI+cloud CAGR through FY28 takes the AI-mix to ~25%. 80/20 is the forward midpoint between today's mix and FY28 mix. A 60/40 weighting would push mid implied to ~$13.70 (+90% upside). ### Anchor — thin Single BOM row: `rubin/nvl72 / AI-RAN baseband (downstream platform)`, which is a downstream-application annotation, NOT a per-rack physical BOM item. Nokia AI-RAN revenue does NOT scale with raw Rubin GPU shipments — it scales with telco adoption of NVIDIA Arc Aerial RAN Computer, which is a separate go-to-market motion. Confidence kept at `medium` not `high` because of this thin anchor. ### Caveats - NOK spot $7.20 is sub-agent estimate (NOK not yet in weilab `stock_quotes`); run `pnpm stocks:refresh` post-this to populate and confirm. - ERIC / CSCO Fwd P/E are sub-agent estimates from public IR (not from weilab fresh quotes); fresh peer prices would tighten the band. - AI-RAN commercial pricing model unproven — T-Mobile / BT / Vodafone in functional-test phase, not commercial deployment yet. The +49% Q1 2026 AI+cloud growth is mostly data-center networking and Azure-related, NOT AI-RAN yet. - NVDA can sell its 2.90% stake at any time; "NVDA-backed" is brand signal not contractual commitment.
看歷史估值 →在 BOM 上的位置
題材歸屬
財報 highlight
| 期別 | Revenue (USD) | EPS | 毛利率 | YoY | Source |
|---|---|---|---|---|---|
| 2026Q1 | $4.50B | — | 45.4% | +2.40% | yahoo-finance2 |
| 2025Q4 | $6.13B | — | — | — | yahoo-finance2 |
| 2025Q3 | $4.83B | — | — | — | yahoo-finance2 |
| 2025Q2 | $4.55B | — | — | — | yahoo-finance2 |
競爭對手
新聞 timeline
- NOK - NOKIA OYJ | Stock Quotes from Fidelity Investments2026-06-04 · digital.fidelity.com
(NOK - NOKIA OYJ). company profile. Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America
- Nokia Oyj (NOK) Stock Price & News2026-06-04 · google.com
[Nokia reports robust Q1 2026; optical networks jump 20%  www.communicationstoday.co.in](https://www.communicationstoday.co.in/nokia-reports-robust-q1-2026-optical-networks-jump-20/). [Nokia's Q1 Earnings Match Estimates on Higher Revenues  finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/nokias-q1-earnings-match-estimates-150800477.html). [Nokia reports 4% Q1 sales growth on optical network strength [Nasdaq 2d Insiders Are Buying This Nvidia-Backed $15 Stock Hand Over Fist. ](https://www.benzinga.com/trading-ideas/movers/26/05/52868997/nokia-shares-pause-after-massive-rally-amid-ai-infrastructure-push?utm_source=robinhood.com&utm_campaign=partner_feed&utm_medium=referral)[24/7 Wall St.6d Had You Invested $1,000 in Nokia 5 Years Ago, Her
- Nokia Oyj (NOK) Stock Price, News, Quote & History - Yahoo Finance2026-06-04 · finance.yahoo.com
5. [News • 21 hours ago AI is carrying the S&P 500 rally](https://finance.yahoo.com/markets/article/ai-is-carrying-the-sp-500-rally-chart-of-the-day-100000546.html?.tsrc=fin-notif). 7. [News • 23 hours ago US stocks were muted at the open as US-Iran tensions weighed on AI optimism](https://finance.yahoo.com/economy/live/stock-market-today-tuesday-june-2-ai-231755175.html?.tsrc=fin-notif). [News • 2 days ago While stellar earnings power stocks to all-time highs, only 60% of S&P 500 stocks are above their 200-day average.](https://finance.yahoo.com/markets/article/market-concentration-is-creating-fragility-only-60-of-sp-500-stocks-are-above-their-200-day-average-135336513.html?.tsrc=fin-notif). [News • 4 days ago The JPMorgan CEO blasted Coinbase's lobbying push for a major crypto bill,
- Nokia Corporation Sponsored American Depositary Shares (NOK)2026-06-04 · nasdaq.com
+ [U.S. Market Activity ->](https://www.nasdaq.com/market-activity). + [European Markets ->](https://www.nasdaq.com/european-market-activity). - [European Commodities](/european-market-activity/commodities/todays-trading) [Market Regulation ->](https://www.nasdaq.com/market-regulation). - [U.S. Regulation](https://www.nasdaq.com/market-regulation/americas). - [European Regulation](https://www.nasdaq.com/market-regulation/nordics). - [Nasdaq-100](/market-activity/quotes/nasdaq-ndx-index). - [Holiday Schedule](/market-activity/stock-market-holiday-schedule) Nasdaq U.S. Data. + [Access Global Markets ->](https://www.nasdaq.com/solutions/trade-global-markets). - [Nasdaq Index Solutions](https://www.nasdaq.com/solutions/global-indexes) Featured Solutions. The [bid](https://www.nasdaq.com/gloss