CFRA nosti tavoitehintansa Nokialle 16 dollariin 6,50 dollarista
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We upgrade our rating to Buy (Hold) and raise the target price to USD16.00 (USD6.50) by rolling forward valuation metrics to 2027 and shifting to P/Sales (P/S) from EV/EBITDA. We apply a 3.25x P/S multiple based on Optical Network peers’ five-year average on higher contribution from Optical Networks, stronger AI & Cloud demand visibility, and a more durable growth profile beyond the telecom cycle. The re-rating reflects improving earnings visibility and a structural shift in demand toward AI-driven infrastructure. While Q1 2026 results were in line with expectations, we raise 2026 revenue forecast to EUR21.5B (EUR21.1B) and 2027 to EUR23.3B (EUR22.6B) on higher Network Infrastructure growth guidance, improving supply visibility, and stronger order momentum. This also incorporates early backlog conversion and improving execution in Optical Networks. Hence, we increase 2026 EPS to EUR0.32 (EUR0.31) and 2027 to EUR0.39 (EUR0.37) on revenue mix improvement, with margin expansion expected as scale benefits materialize.
KOMMENTTI: Selkeästi korkein tavoitehinta tähän mennessä. Tavoitetta nostettiin peräti 146% kertalaakista.