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Nokia Corporation (NOK)

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5.35-0.15 (-2.73%)
At close: 4:00PM EDT
5.45 +0.11 (1.96%)
Pre-Market: 09:16AM EDT
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  • W
    WHITEWOLF
    More and incredible good news about Nokia.

    Nokia launches fifth generation routing silicon, sets new benchmarks for IP network security and energy efficiency
    BY GlobeNewswire
    — 4:00 AM ET 09/21/2021
    Press Release

    Nokia launches fifth generation routing silicon, sets new benchmarks for IP network security and energy efficiency

    Nokia FP5 network processing silicon delivers a generational leap in IP network capacity and power efficiency while introducing new capabilities for protecting network traffic from security threats
    FP5 is the industry’s first high performance routing silicon delivering integrated line rate encryption for L2, L2.5 and L3 network services at speeds up to 1.6Tbps
    Nokia’s fully programmable network processor is the first to bring 800GE routing interfaces for service provider applications to market while retaining the agility to adapt to new applications
    FP5 sets a new benchmark for sustainability in IP routing with a 75% reduction in power consumption over previous generations
    21 September 2021
  • T
    Tickerguy
    NOKIA AND THE 5G RUSH OF 2022 (Posted 9-21-2021)

    A KEY CONCEPT OF SUCCESSFUL INVESTING : Do not invest against the crowd, do not invest with the crowd or behind the crowd but “Ahead of The Crowd”. Put another way: Invest at the beginning of a trend, not at the height of the trend or at the end of the trend.

    EXPLOSIVE 5G GROWTH AND NOKIA'S TURNAROUND ARE JUST BEGINNING!

    2021 may not be “The Year of Nokia” but it certainly is the year of its’ coming out party. That fact alone should be motivation enough for investors to establish initial positions in Nokia. "5G in 2021 and Nokia's fundamental successful turnaround” is the equivalent of James Marshall’s discovery of gold in northern California in 1848 (that a few months later was followed by a stampede of others that created the famous “Gold Rush of 1849” where everyone wanted to be a part of it). 2022 could very well be “THE YEAR OF NOKIA AND 5G” where the investing crowd goes on a rampage for all things 5G and Nokia stock and everyone wants to be a part of it.

    CURRENT INVESTORS IN NOKIA ARE THE LEVI STRAUSS'S OF THE 5G RUSH OF 2022 AND BEYOND!

    Nokia, in relation to 5G, is the equivalent of Levi Strauss in California’s gold rush of 1849. Levi did not know what prospectors would strike it rich (think companies striking it rich with new uses for 5G) but he knew they all needed durable jeans (think 5G network capability). The good news is, although 5G service is available it is just beginning a hockey stick growth curve that will greatly benefit Nokia investors.

    Those making investments today in Nokia are doing it right, they are investing in Nokia "Ahead of The Crowd". ..........Tickerguy
  • A
    Abu
    NOKIA, ERICSSON START WINNING HUAWEI REPLACEMENT DEALS. Nokia and Ericsson – two behemoths in the 5G equipment space – have been winning some of the big, early contracts to replace Huawei's equipment in US networks. Viaero's new deal with Ericsson comes just a few weeks after Union Wireless said it would use Nokia's equipment for a similar effort. Union did not disclose the number of sites covered by its new Nokia deal, nor the financial value of the transaction. The FCC's "rip and replace" program is just the latest in a long series of setbacks for China's Huawei. Nokia and Ericsson have been profiting from the blacklisting of Huawei across the world for several years now. For example, Telia, Telus and Telefónica are among the international carriers that have replaced Huawei equipment with gear from Ericsson and Nokia. https://www.lightreading.com/security/nokia-ericsson-start-winning-huawei-replacement-deals/d/d-id/772191
  • A
    Alexander
    News Press Release



    Nokia and DigitalC to provide internet connectivity to thousands of underserved homes in Cleveland, Ohio using Private LTE

    Nokia working with non-profit DigitalC to provide much needed connectivity to households in one of the least connected cities in the U.S.
    Roll out of Nokia Digital Automation Cloud (DAC) end-to-end private LTE network will allow companies to rapidly introduce services.
    Access to high-speed, affordable, reliable broadband is vital in the delivery of education, health and economic opportunities to residents.


    20 September 2021



    Espoo, Finland – Nokia announced today that it is working with non-profit organization, DigitalC, to deliver much needed high-speed internet connectivity to underserved homes in Cleveland, Ohio, using its Digital Automation Cloud (DAC) end-to-end private wireless solution.

    The deployment of Nokia DAC will allow DigitalC to leverage private LTE technology to provide affordable, reliable and high-speed internet access to thousands of people around Cleveland. According to a 2019 survey of the U.S. Census’ American Community Survey (ACS), almost 53,000 households – 31% of the city’s total - didn’t have a broadband subscription plan, ranking Cleveland as the most underserved city in the US with 100,000 or more households.



    This divide became more pronounced during the lockdowns in 2020 as many were sent to work and learn from home.



    Dorothy Baunauch, CEO, DigitalC, said “While 2020 may have highlighted the digital divide in Cleveland the lack of connectivity is a long-standing issue, so we are pleased to work with Nokia to bridge this gap and provide greater education, health and economic opportunities to more people in and around the city.”



    Nokia will deploy the end-to-end private wireless DAC solution comprising network core, radio access and indoor and outdoor customer premises equipment (CPE) for deployment in users’ homes. The solution offers plug-and-play private wireless where it is too difficult or costly to establish traditional connectivity, and it will be used in Cleveland to provide wireless internet access to homes over the Citizens Broadband Radio Services (CBRS) 3.5 GHz band.



    Ed Cholerton, President of Nokia North America, said: “Leveraging our leading private wireless capabilities, we created the end-to-end Nokia DAC as a complete solution for anyone wanting to provide secure, reliable, high-speed 4G and 5G connectivity where it is most needed. As such we are excited to be a part of this important project, working alongside DigitalC to connect the unconnected and thus improve inclusion in Cleveland.”
  • A
    Abu
    @walid The CEO cannot fight a market meltdown but he (more correctly the BOD) can announce punctual and massive buybacks which I would also support in order to change speculative dynamics. I have written to Nokia about this so I have done my part instead of just passively posting my opinions to fellow investors. But I repeat: the main thing is to invest in R&D and in other ways ensure Nokia's competitive position. However, I also do think the short term interest of investors should not be forgotten either.
  • D
    Dreamer
    You don't have to like Cramer; you don't have to respect Zack's: Goldman can be self serving; fifty thousand Frenchmen are in favor and that may mean nothing to you - my Lord you may even consider Abu to be a shill for the Nokia BOD but do you think every one is meeting in the basement of Funk and Wagnall's to gin up all of these wildly positive projections on NOK? Standing alone maybe you can buck the trend but we are seeing the moon and the stars lining up and I for one believe what I am seeing and that is after losing a fortune on this stock. But I am convinced I am going to get two fortunes back and in my opinion, the way back is not only going to be worth it but it will not be very long coming. Darkest before dawn. I will not let another Apple slip through my fingers!!!
  • A
    Alexander
    I'll add more Nokia TODAY )) stock is way oversold !
  • V
    Vincent Ricciardi
    Sadly due to recent pullback / selloff my sell orders went off today so I'm back on the sidelines waiting to see what this market will do ... good luck longs ... I'm back to monitoring and assessing trying determine if a major correction is underway ... in 1927 and 1987 September markets crashed and there are too many signs of market instability ... I'm not sure how the market is going to respond one way or the other ... I strongly advise setting limits and sell orders ... you can always buy the stock back at lower prices when market hits rally mode again and somewhat stabilizes.
  • W
    WirelessBusHub
    Another Customer Win for Nokia - Indosat Ooredoo in Indonesia

    As of Q4 2020, Indosat had 60.3 million subscribers. The market share was 16.5%, making them the second largest mobile network operator in the country. By comparison, AT&T reported 98.7M subscribers by Q2 2021.

    Press Release

    Nokia and Indosat Ooredoo launch 5G network in Indonesia

    Nokia’s latest 5G AirScale portfolio to be deployed across Indonesia’s central islands delivering incredible 5G experiences to subscribers

    Nokia and Indosat Ooredoo together with Sepuluh Nopember Institute of Technology (ITS) and the University of Oulu to launch the Nokia 5G Experience Center providing a platform for the development of innovative new use cases by local digital talent

    Nokia will supply equipment from its latest ReefShark based AirScale product range, including its AirScale Single RAN portfolio for both indoor and outdoor coverage. These solutions will offer faster speeds and wider mobile coverage for Indosat Ooredoo’s customers while cutting costs for the operator to run its network. Nokia will also deploy its dynamic spectrum sharing (DSS) solution, which will allow Indosat Ooredoo to use its 4G networks spectrum for 5G services, decreasing the time it takes to get 5G up and running.
  • A
    Abu
    NOKIA: TOWARDS 2023 GOALS AND BEYOND. A redditor asked for an investment analysis regarding Nokia. It's not easy to find free analyses but here is one by Finnish analyst house Inderes. This analyst was for a long time skeptical about Nokia and actually raised its recommendation from EUR 3.60 before q1 2021 to EUR 5.40 and from there to EUR 5.80 after q2 2021. So we are not talking about any eternal cheerleader but about an analyst who has been converted by strong quarterly results and brightening prospects. Here follows the analysis:

    NOKIA: TOWARDS 2023 GOALS AND BEYOND

    We reiterate Nokia's overweight recommendation and raise our target price to EUR 5.8 (previously EUR 5.4) with forecast purchases. The strong Q2 result indicates that the company's turning point has started quickly. Thanks to low expectations, the company was now able to serve the second consecutive clear positive earnings surprise, reaffirming confidence in the success of the turnaround. Nokia's development path now seems to be moving more and more clearly beyond the level of the 2023 target forks, to which the stock still looks favorable and offers a good return expectation.

    The Q2 result clearly exceeded expectations

    Nokia's Q2 net sales increased by 9% currency-adjusted and comparable operating profit was 12.8% of net sales (Q2’20: 8.3%). Gradually, Nokia's net sales increased in all business groups, adjusted for currency, which was also reflected in profitability due to improved operational efficiency. The improvement in earnings now comes from the right sources, ie improved efficiency and revenue growth with the new organizational model, which in turn is a result of the strengthening of the competitiveness of Nokia's products and the pick-up in the market.

    Nokia's 2021 outlook has been an airlock of expectations management

    As a result of the strong earnings trend, Nokia raised its outlook, which anticipates net sales of EUR 21.7-22.7 billion (formerly EUR 20.6-21.8 billion), comparable operating profit of 10-12% (formerly 7-10%) and a clearly positive free cash flow (formerly “positive”). The outlook was surprisingly strong. Looking back, it would seem that Nokia tactically cleared the table last fall by issuing an over-cautious 7-10% operating profit guidance, as the company has since been able to consistently deliver better-than-expected news to investors. In part, this is likely to be tactical expectations management, but faster-than-expected strategy implementation and market headwinds have also supported Nokia this year. We now forecast an operating profit of 11.2% for this year (previously 10.5%).

    The 2023 targets now look very cautious

    Nokia's 2023 targets set in the spring (operating profit 10-13%) now appear conservative compared to the company's current profitability (H1’21: 12%). This is a fundamental change from the old Nokia, where investors were constantly in doubt about the company’s ability to achieve its goals. The strengthening confidence should continue to be reflected in higher acceptable valuation ratios for the stock. However, Nokia continued to restrain expectations, commenting that the development of the H1 was partly supported by one-off factors and that there are still a number of uncertainties in the future, such as component shortages and price erosion. In any case, we consider it likely that strong progress against the targets will continue and that the 2023 target fork will be revised upwards next year at the latest. Our forecast is already slightly above the range (13.2%).

    The stock continues to offer a reasonable return as the reversal journey continues on its tracks
    Nokia's share is now supported in two directions, namely rising earnings forecasts for the next few years and higher acceptable valuation ratios. Despite the price increase of the current year (YTD: + 64%), the valuation of the share until 2023 (correct EV / EBIT 7.6x and P / E 13.5x) is still moderate. With Nokia's improving performance, it also dares to rely more strongly on the odds for the next few years, as the risks associated with the turnaround decrease at the same time. With our current forecasts, the share also continues to provide a reasonable annual return (10%) for the next few years in the light of our share sum calculation.

    Source article https://www.inderes.fi/fi/uutiset/nokia-kohti-2023-tavoitteita-ja-niiden-yli translated from Finnish with Google Translate (https://translate.google.com/)
  • G
    George
    This stock is down a $1 in the last 6 weeks with no bad news. Bottom line they need to buyback the half billion shares they were planning on last November. Too many outstanding shares out there they have plenty of money to buyback, R&D, and even issue a dividend if they choose. Without this, this stock will continue to decrease. No if, and, or buts about it
  • S
    Soner
    People that remember my posts know I am heavily invested in Nokia.

    I didn’t want to invest even more but at this price, I couldn’t say no.

    Just ordered 5K more shares.

    This stock without a big guidance upgrade for 2022 is worth between $8-9. No realistic risks ahead for any giant mishaps, so I had to do it.

    Looking for at least 50% within 6 months to a year.

    Especially looking forwards to the Q4 results which will include renewed 2022 guidance.
  • A
    Alexander
    About 1 month ago I wrote that Nokia not immune to market fall.
    Actually, as a worst-case scenario, I expected market to fall about 10 % in September.
    4 545,85 is 52 weeks and all-time high for the S&P 500. 4,378.00 indication now. Down less than 4% from 52 weeks high. Nasdaq had intraday high of 15,403.44. Indication for Nasdaq is 15,214.25 (down less than 2%!)
    Nokia recent high was $ 6, 29 on August 3, 2021. Indication now is $5, 35))
    Down about 15 %!! Stock is way oversold now!
    Also, I said that people, who think that after couple very good quarterly results stock goes to double digits right away are overoptimistic.
    I still hope we close this year around $6, 30 - $6, 5.
    We need “OK” Q3 and a few optimistic words from Nokia mgmt.
    I’m glad that I sold covered calls at higher strike prices back in August.
    Some calls are already expired. I’m not on margin. And I’ll buy more Nokia at current levels.
  • V
    Victor
    From Telecom TV 9/17/2021

    This may not be related to Nokia directly, but since it is related to a Nokia competitor (the dreaded Chinese Huawei) , I thought it might be interesting to read.
    --------------------------------------------------------------------------

    Ren Zhengfi, the publicly elusive and reticent founder and CEO of Huawei, has told his top management to recruit scientists and technologists from all over the world to work (and live) in a new Shanghai campus that he described as “beautiful and suitable for foreigners”. These foreigners, hundreds of them if it all goes to plan, will work on 6G and file endless streams of 6G patents. Late last month Ren told an audience at the Huawei Central Research Institute, “We must not wait until 6G is really useful, as we are then constrained by a lack of patents”. He said this even though Huawei claims already to own more 6G patents than any other company on earth. The new “facility” will be in Qingpu, the most westerly part of the sprawling Shanghai Municipality. Qingpu itself has well over 1 million inhabitants while Shanghai has 29 million and counting. The area is famous for the Lake Dianshan tourist area and the ancient and picturesque town of Zhujiajiao. The CEO said Huawei is “in a critical period of strategic survival and development and must have talent to compete” and went on to wax lyrical about the new campus which, he claims will feature “very beautiful cafes on the roadside of the lake, suitable for modern youth and attracting all talents [so that] if there are 700 or 800 foreign scientists working there, they will not feel that they are in a foreign country.”

    Wanna bet? Before taking the plunge, prospective employees might want to watch an episode of the famous 1960’s British TV series “The Prisoner”, where an un-named man finds himself living in comparative luxury in a beautiful, mysterious seaside village that he cannot leave, whilst his captors repeatedly tell him, “We want information”
    May be Nokia should take a note.
  • p
    philip
    I’m going to Buy another 50k shares today. I’m all in this company and their future
  • A
    Abu
    ALL THE GOOD NEWS AND THE STOCK STILL KEEPS TANKING? I think there are not enough big institutional buy-and-hold investors and many current owners aren't informed enough not to sell when manipulative investors try to nudge the share price downwards. So basically the following things could help:

    1) Weak hands (relatively uninformed shareholders) need to sell and more informed ones buy instead;

    2) Stable institutional ownership needs to rise, while this happens there will probably be upward pressure on the sp and they may also step in to buy more if the sp risks falling more than is warranted;

    3) Nokia could start buying some of its shares but without preannouncement. Then the manipulative game would get riskier as the outcome no longer is so easy to predict as Nokia might sudddenly buy tens of millions of shares (it has an authorization to buy up to 550M).

    What there is no point in doing is for Nokia to do a reverse split. It would change absolutely nothing. But share buybacks have real effects and are worth considering as long as Nokia's finances are not imperilled.
  • M
    Mykl
    On an almost bright note, we haven't seen volume like 37 Million shares traded in a long time.
  • A
    Abu
    IRRATIONAL OR MANIPULATED MARKETS? Who knows but these levels are irrationally low. That can continue for a time but as less informed people sell and more informed buy the direction will again be up. This year's guided EPS (midpoints of sales and margin) $0.38 valued at a P/E of 20 would mean a share price of $7.60. This kind of P/E is not too high: the profitability will be rising in coming years, thanks to announced layoffs and more cost-effective SoC components, even without any rise in sales (which there should also be e.g. due to private wireless and IOT).
  • T
    Turf
    Nokia and Indosat Ooredoo launch 5G network in Indonesia
    September 16, 2021 22:00 ET
    | Source: Nokia Oyj

    Press Release
    Nokia and Indosat Ooredoo launch 5G network in Indonesia
    • Nokia’s latest 5G AirScale portfolio to be deployed across Indonesia’s central islands delivering incredible 5G experiences to subscribers
    • Nokia and Indosat Ooredoo together with Sepuluh Nopember Institute of Technology (ITS) and the University of Oulu to launch the Nokia 5G Experience Center providing a platform for the development of innovative new use cases by local digital talent

    17 September 2021

    Espoo, Finland – Nokia and Indosat Ooredoo today announced the launch of commercial 5G services in Surabaya city, Indonesia. Under the deal, Indosat Ooredoo’s customers will experience new enterprise and industrial use cases underpinned by the new 5G network.

    Nokia will supply equipment from its latest ReefShark based AirScale product range, including its AirScale Single RAN portfolio for both indoor and outdoor coverage. These solutions will offer faster speeds and wider mobile coverage for Indosat Ooredoo’s customers while cutting costs for the operator to run its network. Nokia will also deploy its dynamic spectrum sharing (DSS) solution, which will allow Indosat Ooredoo to use its 4G networks spectrum for 5G services, decreasing the time it takes to get 5G up and running.
    Nokia and Indosat Ooredoo, as well as partners, Sepuluh Nopember Institute of Technology and the University of Oulu, will also open the Nokia 5G Experience Centre at ITS’ facilities in Surabaya. The site includes a Centre of Creativity designed for technology developers and ITS students to explore and develop new 5G use cases to drive innovation and socio-economic development in Indonesia. In addition, the facility includes a Center of Knowledge with 5G millimeter-wave capability to simulate a live 5G environment for testing a range of 5G uses cases. It also includes a Center of Excellence offering professional 5G certifications and other academic programs to support the development of local digital talent.

    Indosat Ooredoo offers advanced communications services to its customers across Indonesia, including mobile and fixed, video, internet, and business communications services. Nokia has already worked with the operator on several network upgrades in Indonesia, including its IP/MPLS mobile transport network solution, as well as its LTE-Advanced network. 

    Ahmad Al-Neama, President Director and CEO at Indosat Ooredoo, said: “I am deeply humbled and proud to launch Indosat Ooredoo’s 5G services in Surabaya aligned with our commitment to being the forefront of the 5G revolution in Indonesia. This technology will help unleash many opportunities for the region’s education, people, and economy. As the result of our collaboration with ITS, Nokia, and the University of Oulu Finland, the advanced Nokia 5G Experience Center will complete the innovation and development of local content use cases relevant to the city. With the full supports from Government, Indosat Ooredoo continues to accelerate Indonesia’s transformation into a digital and 5G-enabled nation."

    Prof. Dr. Ir. Mochamad Ashari, Rector of Sepuluh Nopember Institute of Technology, said: “We are thrilled to be partnering with Nokia and Indosat Ooredoo to bring 5G innovation to Indonesia and specifically into Surabaya. Through such industry partnerships, we aim to provide a platform for young minds to collaborate directly with industry and business leaders and develop 5G solutions that will benefit the University and the wider community. The launch of the 5G Experience center is in line with the government’s agenda that would enable ITS to spearhead the advance learning and research and provide students and faculty an opportunity to be on the forefront of innovation.”

    Tommi Uitto, President of Mobile Networks at Nokia, said: “We are excited to launch commercial 5G services in Indonesia with Indosat Ooredoo as its trusted partner. Our AirScale portfolio will deliver best-in-class services to its subscribers and I look forward to working hand in hand with them on this project moving forward. The opening of the Nokia 5G Experience Center will also provide a platform to drive innovation in the country.”
  • R
    RobertVG
    If China doesn't bail out the Real Estate companies it will be like an avalanche of all markets. Also our debt is way out of line. they will have to raise it again.