Goldman Sachs nostaa Nokian tavoitehintaa 3,50 eurosta 8 euroon (tavoite nousi +128%)
Aikamoinen mielenmuutos! Onkohan Alexander Duval jo sovittannut aasinhattua päähänsä?
Goldman Sachs upgraded Nokia OYJ (NYSE:NOK) (NOKIA:FH) to Neutral from Sell on Friday, raising its price target to EUR8.00 from EUR3.50. The stock currently trades at $7.98 and has delivered strong returns, climbing 57% over the past year and 72% in the last six months.
The upgrade reflects a more positive view on Nokia’s growth opportunities in Optical and IP Networks, which Goldman Sachs believes will continue to benefit from the ongoing AI infrastructure build-out. In recent quarters, Nokia has pointed to strong order momentum in these segments.
The company has disclosed multiple design wins for its pluggable offering and highlighted that it ended 2025 with an order backlog of approximately EUR2.5 billion from AI and Cloud customers. Goldman Sachs noted the increasingly important role of Optical in connecting AI data centers in a compute and energy constrained environment.
Goldman Sachs continues to expect limited growth opportunities in Nokia’s cyclical Radio Networks business due to a flat underlying wireless RAN market. The Mobile Infrastructure segment now represents approximately 30% of Nokia’s group revenues versus approximately 50% at historical levels. https://www.investing.com/news/analyst-ratings/goldman-sachs-upgrades-nokia-stock-rating-on-ai-infrastructure-growth-93CH-4586256