Nokia Corporation provides mobile and fixed network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, and policy and charging, as well as cloud, IoT, security, and analytics platforms; and submarine networks and radiofrequency systems. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.
IPO Year: 1994
Exchange: NYSE
Website: nokia.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/18/2024 | Hold → Buy | Danske Bank | |
| 1/19/2024 | Equal Weight → Underweight | Barclays | |
| 1/12/2024 | Neutral | Exane BNP Paribas | |
| 12/18/2023 | Buy → Neutral | Goldman | |
| 12/8/2023 | Buy → Hold | Jefferies | |
| 11/30/2023 | Overweight → Neutral | JP Morgan | |
| 10/3/2023 | Hold → Buy | DNB Markets | |
| 1/31/2023 | Buy → Neutral | UBS | |
| 11/8/2022 | Equal-Weight | Morgan Stanley | |
| 10/13/2022 | Equal Weight | Barclays |
Nokia CorporationInside Information 27 June 2024 at 23:50 EEST Inside Information: Nokia to acquire Infinera to increase scale in Optical Networks and accelerate product roadmap Creates a highly scaled and truly global optical business with increased in-house technology capabilities and vertical integration.Strengthens Nokia's optical position, specifically in North America.Accelerates Nokia's customer diversification strategy, expanding webscale presence.Targeted net comparable operating profit synergies of EUR 200 million by 2027*.Expected to be accretive to Nokia's comparable operating profit and EPS in year 1 and to deliver over 10% comparable EPS accretion in 2027*.Offer split a
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
6-K - NOKIA CORP (0000924613) (Filer)
Danske Bank upgraded Nokia from Hold to Buy
Barclays downgraded Nokia from Equal Weight to Underweight
Exane BNP Paribas initiated coverage of Nokia with a rating of Neutral
Goldman downgraded Nokia from Buy to Neutral
Jefferies downgraded Nokia from Buy to Hold
JP Morgan downgraded Nokia from Overweight to Neutral
DNB Markets upgraded Nokia from Hold to Buy
UBS downgraded Nokia from Buy to Neutral
Morgan Stanley initiated coverage of Nokia with a rating of Equal-Weight
Barclays initiated coverage of Nokia with a rating of Equal Weight
Technology and Business Leader Rahul Mewawalla appointed as Mawson Chief Executive Officer and President Leadership Appointment along with Stronger Focus on U.S. Operations and Continued Expansion Highlights Company Growth Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure provider, is pleased to announce that Rahul Mewawalla has been appointed as Chief Executive Officer and President of the Company. Mr. Rahul Mewawalla is a technology and business leader who brings extensive strategic and operational expertise across Fortune 500 and growth companies, having held senior executive and operating roles including as CEO, President, and Exe
Moelis & Company (NYSE:MC), a leading global independent investment bank, today announced the appointment of Elizabeth Crain to Vice Chair and the promotion of Kate Pilcher Ciafone to Chief Operating Officer (COO), both effective October 1, 2023. Elizabeth Crain is a Founding Partner at Moelis & Company where she has led the Firm's global strategy and operations as COO since 2007. Elizabeth has been an integral member of the Firm's leadership team since its inception driving the Firm's growth and expansion of its advisory capabilities. She has been in the investment banking and private equity industries for almost 35 years as a banker, principal and operating executive. In her new role as
Appointment of Mr. Rahul Mewawalla as a Member of the Mawson Board and Committees Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure provider, announced today the appointment of Mr. Rahul Mewawalla as a Member of the Board of Directors, and a member of the Compensation, Audit and Nomination and Governance Committees. The Audit Committee will also subsequently consist of the required number of independent directors under NASDAQ Rules. Mr. Mewawalla is a digital, business, product and technology leader. He has public company board expertise across various roles including as Chairman of the Board, Audit Committee Chairman, Compensation Commit
SAN JOSE, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ:INFN) today released financial results for its third quarter ended September 28, 2024. GAAP revenue for the quarter was $354.4 million compared to $342.7 million in the second quarter of 2024 and $392.4 million in the third quarter of 2023. GAAP gross margin for the quarter was 39.8% compared to 39.6% in the second quarter of 2024 and 40.3% in the third quarter of 2023. GAAP operating margin for the quarter was (3.1)% compared to (8.7)% in the second quarter of 2024 and 2.0% in the third quarter of 2023. GAAP net loss for the quarter was $(14.3) million, or $(0.06) per diluted share, compared to net loss of
CHARLOTTE, N.C., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), and Berry Global Group, Inc. (NYSE:BERY) today announce additional director designees for the board of directors for the combined company. The new directors will be appointed and will begin serving as directors effective upon the closing of the proposed merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films ("HHNF") business with Glatfelter. As previously disclosed, upon closing of the transaction, the combined company will be renamed Magnera Corporation ("Magnera"). The Magnera board of directors ("Magnera Board") will consist of nine directors, with five directors designated by Be
Nokia CorporationInside Information 27 June 2024 at 23:50 EEST Inside Information: Nokia to acquire Infinera to increase scale in Optical Networks and accelerate product roadmap Creates a highly scaled and truly global optical business with increased in-house technology capabilities and vertical integration.Strengthens Nokia's optical position, specifically in North America.Accelerates Nokia's customer diversification strategy, expanding webscale presence.Targeted net comparable operating profit synergies of EUR 200 million by 2027*.Expected to be accretive to Nokia's comparable operating profit and EPS in year 1 and to deliver over 10% comparable EPS accretion in 2027*.Offer split a
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced a joint private wireless solution with Nokia (NYSE:NOK), to help enterprises scale their digital transformation. This joint solution will provide enterprises with a more secure 5G private wireless network solution integrated with their operation infrastructure. The solution will bring greater reliability, mobility, connectivity speed, real-time access to business insights, and the ability to process high volumes of data with low latency. Through a dedicated wireless network, enterprises will be able to create an integrated private environment they can control to bette
News summary Nokia adopts Dell Technologies as its preferred infrastructure partner for Nokia AirFrame servers, helping transition customers to Dell PowerEdge servers with Dell global services and supportDell adopts Nokia as its preferred private wireless partner for enterprise edge use cases, providing businesses with seamless integration and supportThe companies continue joint research and development efforts and platform and application testing in the Dell Open Telecom Ecosystem LabROUND ROCK, Texas and ESPOO, Finland, Feb. 15, 2024 /PRNewswire/ -- Full story Dell Techno
The Wireless Innovation Forum (WInnForum) membership is building on the successes of the past year and looking ahead to FY2024 in building its Operations plan, which includes goals of its four committees for the next 12 months. Over the past year, the WInnForum renamed two of its committees to more accurately reflect their missions: the Advanced Technologies Committee, which is the project incubator of the Forum, is now the Wireless Innovation Committee and the Spectrum Sharing Committee (SSC), which created the standards for the CBRS Band, is now the CBRS Committee. The 6 GHz Committee and Software Defined Systems (SDS) Committee retain their current names. The newly renamed Wireless Inn
Technology and Business Leader Rahul Mewawalla appointed as Mawson Chief Executive Officer and President Leadership Appointment along with Stronger Focus on U.S. Operations and Continued Expansion Highlights Company Growth Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure provider, is pleased to announce that Rahul Mewawalla has been appointed as Chief Executive Officer and President of the Company. Mr. Rahul Mewawalla is a technology and business leader who brings extensive strategic and operational expertise across Fortune 500 and growth companies, having held senior executive and operating roles including as CEO, President, and Exe
Moelis & Company (NYSE:MC), a leading global independent investment bank, today announced the appointment of Elizabeth Crain to Vice Chair and the promotion of Kate Pilcher Ciafone to Chief Operating Officer (COO), both effective October 1, 2023. Elizabeth Crain is a Founding Partner at Moelis & Company where she has led the Firm's global strategy and operations as COO since 2007. Elizabeth has been an integral member of the Firm's leadership team since its inception driving the Firm's growth and expansion of its advisory capabilities. She has been in the investment banking and private equity industries for almost 35 years as a banker, principal and operating executive. In her new role as
Three-year agreement extends plans to co-innovate and accelerate deployment of flexible, reliable, and secure LTE and 5G private wireless connectivity services and Industry 4.0 solutions Kyndryl elevates its strategic investment in Nokia achieving the highest tier Nokia Digital Automation Cloud (DAC) accreditation status, increasing expert resources and skilled practitioners ready to support customers across the globe. Kyndryl and Nokia will launch a partner innovation lab in Raleigh, North Carolina, to bring advanced wireless connectivity and edge computing, integrated with a multi-factor zero trust model, converging IT and OT for enterprises Kyndryl (NYSE:KD), the world's largest IT in
Tennessee utility set to expand its services in Knoxville and seven adjacent counties Knoxville Utilities Board (KUB), an award winning provider of electric, natural gas, water, and wastewater services, announces it has selected LightSpeed Technologies, Inc., ("LightSpeed"), a Nokia (NYSE:NOK) partner and systems integrator providing next-generation networking solutions, to deliver the core and middle mile infrastructure in support of a multi-million-dollar, multi-gigabit symmetrical passive optical network (XGS-PON) enabling Fiber-to-the-Home (FTTH) for its more than 478,000 municipal customers. The IP Core Network currently being implemented is comprised primarily of state-of-the-art Nok
It’s another risk-off day on Wall Street, with all major U.S. indices trading in the red. The CBOE Volatility Index (VIX), often referred to as the market’s fear gauge, spiked over 10%, reaching levels last seen in late April. Both the S&P 500 and the Nasdaq 100 indices declined by 0.6%, while the Dow Jones Industrial Average fell 0.7%, potentially ending a streak of six consecutive positive sessions. Small-cap stocks also succumbed to the broader negative sentiment, with the Russell 2000 index dropping 0.7%. Chicago Fed President Austan Goolsbee, a known “dove” on the board, expressed optimism about progress on inflation and the U.S. economy’s resilience in avoiding a recession. He
Shares of Domino’s Pizza, Inc. (NYSE:DPZ) fell sharply during Thursday's session after the company reported mixed quarterly results. The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion. The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known. Domino’s Pizza shares dipped 11.2% to $420.36 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Onconetix, Inc. (NASDAQ:ONCO) climbed 97.6% to $0.2944. On July 15, Oncon
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 50 points on Thursday. Shares of Leslie’s, Inc. (NASDAQ:LESL) fell sharply in today's pre-market trading after the company issued preliminary third-quarter financial results below estimates and cut its FY24 guidance. After the market close on Wednesday, Leslie's announced it now expects third-quarter revenue of approximately $570 million versus estimates of $615.407 million. The pool supply company anticipates third-quarter adjusted earnings of 32 cents to 33 cents per share versus Benzinga Pro estimates of 42 cents per share. Leslie's also cut its full-year 2024 revenue guidance from a range of $1.14
Beaten-down stocks could make a comeback on Thursday, with Taiwan Semiconductor Manufacturing Company Ltd.’s (NYSE:TSM) strong quarterly report lifting sentiment toward tech stocks. The major U.S. index futures were mixed ahead of the trading session. A few Fed speeches scheduled for the day, and key economic data, including jobless claims, the results of a regional manufacturing survey, and leading economic index may influence trading direction. Traders may also pay attention to the European Central Bank’s rate decision and its monetary policy outlook. FuturesPerformance (+/-)Nasdaq 100+0.40%S&P 500+0.15%Dow-0.13%R2K-0.03% In premarket trading on Thursday, the SPDR S&P 500 ETF Trus
Nokia Corp (NYSE:NOK) reported a fiscal second-quarter 2024 net sales decline of 18% year-on-year (18% in constant currency) to 4.47 billion euros ($4.81 billion), missing the analyst consensus estimate of $5.24 billion. The quarterly sales mark a record low since 2015 as weak investment in mobile network upgrades weighs on the 5G equipment market, Bloomberg reports. The stock price declined after the print. The weak telecom equipment market has prompted Nokia to overhaul its network infrastructure division. In June, Nokia invested $2.3 billion in AI-driven demand for data center services by acquiring Infinera. Additionally, Nokia plans to sell its undersea cable business, Alcatel S
Nokia's full year 2024 outlook is unchanged. Nokia currently expects comparable operating profit of between EUR 2.3 billion and 2.9 billion and free cash flow conversion from comparable operating profit of between 30% and 60%.
Nokia (NYSE:NOK) reported quarterly adjusted earnings of $0.06 per share which beat the analyst consensus estimate of $0.05 by 29.2 percent. This is a 15 percent decrease over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $4.81 billion which missed the analyst consensus estimate of $5.26 billion by 8.59 percent. This is a 22.70 percent decrease over sales of $6.22 billion the same period last year.
Nokia Oyj (NYSE:NOK) disclosed a new collaboration with Telecom Egypt to introduce 5G technology to Egypt. The deal marks a transformative step in the country’s telecom sector across cities like Alexandria, Aswan, Cairo, Giza, and Luxor. As per the deal, Nokia will deploy its AirScale 5G RAN equipment, powered by ReefShark technology, to boost capacity and coverage, along with providing professional services for deployment, integration, and network optimization. The company stated that 5G technology in Egypt is projected to enhance connectivity in dense areas, enabling faster downloads, smoother streaming, and better network performance, fostering innovation and efficiency across se