Nokia Corporation (NYSE:NOK) Short Interest Update

Nokia Corporation (NYSE:NOK) saw a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 33,196,012 shares, a drop of 14.5% from the January 29th total of 38,835,919 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 30,639,470 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 30,639,470 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.6% of the shares of the company are sold short.

Key Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Major institutional interest: Fidelity’s FMR LLC reported holdings exceeding 5% of Nokia, signaling fresh institutional buying and vote of confidence that can lift demand for the stock. Notification under Chapter 9 — FMR stake
• Positive Sentiment: AI-RAN and cloud partnerships expand addressable market: Nokia announced deeper AI-RAN work with NVIDIA (TIM Brasil deployment) and broader Network-as-Code/API initiatives with Google Cloud and multiple global carriers — moves that position Nokia to capture software, services and higher-margin AI-enabled upgrades. Nokia expands TIM Brasil AI-Ready 5G with NVIDIA
• Positive Sentiment: Collaboration with rivals for autonomous networks improves commercial prospects: Nokia’s cooperation with Ericsson on autonomous network frameworks and related MWC announcements aim to accelerate operator deployments and multi-vendor automation revenues. This reduces execution risk on large operator automation programs. MWC brings Nokia and Ericsson closer
• Positive Sentiment: Broader ecosystem traction and customer wins: Nokia highlighted new carrier participants and ecosystem partners for its AI-native/network-as-code strategy (Deutsche Telekom, Telefónica, Vodafone, etc.), implying ramp potential for software subscriptions and services. Nokia expands Network as Code ecosystem
• Neutral Sentiment: Potential commercial deal activity in private 5G: Reports suggest Verizon is reorganizing its private 5G team and that Nokia may be nearing private 5G sales — potentially a near-term revenue boost but details and magnitude remain unclear. Verizon private 5G / Nokia sale
• Neutral Sentiment: Market attention and options flows: Unusual options activity and multiple analyst/blog pieces are amplifying short‑term trading interest; this can increase volatility but isn’t direct confirmation of fundamental change. Unusual options activity
• Negative Sentiment: Valuation and momentum raise caution: Coverage noting strong recent share gains and higher valuation metrics means some investors may take profits or demand clearer evidence that AI/software monetization will materially lift margins. Assessing Nokia valuation after share run

Nokia Stock Performance

Nokia stock traded up $0.07 on Wednesday, hitting $8.14. The company’s stock had a trading volume of 61,674,050 shares, compared to its average volume of 41,758,156. Nokia has a one year low of $4.00 and a one year high of $8.37. The firm has a market cap of $46.74 billion, a P/E ratio of 62.62, a price-to-earnings-growth ratio of 3.02 and a beta of 0.80. The company has a quick ratio of 1.36, a current ratio of 1.58 and a debt-to-equity ratio of 0.11. The company has a fifty day moving average price of $6.90 and a 200-day moving average price of $6.05.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on NOK shares. Kepler Capital Markets raised Nokia from a “hold” rating to a “buy” rating in a research report on Wednesday, January 7th. Wall Street Zen downgraded Nokia from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Nokia in a research report on Monday, December 22nd. JPMorgan Chase & Co. raised their price objective on shares of Nokia from $7.10 to $8.00 and gave the stock an “overweight” rating in a research note on Monday, December 1st. Finally, Citigroup reiterated a “sell” rating on shares of Nokia in a research note on Friday, January 23rd. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $7.01.

Institutional Investors Weigh In On Nokia

A number of institutional investors have recently added to or reduced their stakes in the stock. Amundi bought a new stake in Nokia during the first quarter worth about $776,000. AQR Capital Management LLC increased its holdings in Nokia by 27.5% during the 1st quarter. AQR Capital Management LLC now owns 186,997 shares of the technology company’s stock valued at $985,000 after purchasing an additional 40,276 shares in the last quarter. Millennium Management LLC boosted its stake in Nokia by 6,539.2% in the first quarter. Millennium Management LLC now owns 2,841,558 shares of the technology company’s stock worth $14,975,000 after purchasing an additional 2,798,758 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Nokia by 6,204.9% during the first quarter. NewEdge Advisors LLC now owns 60,464 shares of the technology company’s stock worth $319,000 after purchasing an additional 59,505 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Nokia by 8.7% in the first quarter. Goldman Sachs Group Inc. now owns 12,550,274 shares of the technology company’s stock valued at $66,140,000 after buying an additional 1,002,033 shares in the last quarter. 5.28% of the stock is owned by institutional investors and hedge funds.

Nokia Company 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.