I challenge this point, as I suspect and believe that the price is still attractive based on Nokia’s ability to generate earnings in the near future.
That reminds me of the San Jose event OFC2026. At the same time and in the same place, there is also Nvidia’s GTC. A link to Nokia is possible, but also, for example, to Lumentum.
And Nokia has opened a website related to the event.
https://www.nokia.com/events/ofc/
Here is also some text from Nokia.
The Nokia OFC demonstrations will showcase advanced optical networking technologies through live demos and real‑world deployment use cases, including:
This sounds like quite familiar writing.