Amerikanmaalla on analysoitu Q1.stä ja Bank of America nosti targetin 12,7 ja toisti OSTA suosituksen. Aiempi tavoitehinta oli 12,4 .
Investing.com - BofA Securities raised its price target on Nokia (NYSE:NOK) to $12.70 from $12.40 while maintaining a Buy rating on the shares. The stock has surged 90% over the past year and currently trades at $10.23, near its 52-week high of $10.69, according to InvestingPro data.
Nokia raised its Optical & IP Networks fiscal 2026 growth guidance to 18-20% from 10-12% organic growth. The company expects data center switch revenue to ramp significantly this year alongside continued strength in Optical Networks growth.
The data center design wins are predominantly with hyperscalers for U.S. data centers, indicating Nokia is penetrating the large but competitive market. BofA Securities had previously assumed penetration mainly in the smaller European Union sovereign data center buildout.
BofA Securities raised its fiscal 2027-2028 revenue estimates by 2-4% and increased operating expense estimates. The changes result in -0.6%/-0.2%/+3.2% adjustments to fiscal 2026/2027/2028 EBIT estimates.
The new price target is based on sum-of-the-parts valuation. BofA Securities noted that operating leverage may not be fully realized in the short term as new products ramp.
In other recent news, Nokia reported its first-quarter 2026 earnings, surpassing expectations with an earnings per share (EPS) of $0.0586, which exceeded the forecasted $0.0446 by 31.39%. However, the company experienced a slight shortfall in revenue, reporting $5.27 billion against the expected $5.32 billion. Despite this revenue miss, Nokia’s stock demonstrated strong investor confidence. Additionally, Nokia secured €1 billion in AI orders during the quarter, adding to the €2.4 billion of AI orders from 2025. Raymond James responded to these developments by raising its price target for Nokia stock to $12.00 from $7.00, maintaining an Outperform rating. These recent developments highlight Nokia’s growing influence in the AI sector and its solid financial performance.