NOK - Nokia Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
4.9500
-0.1300 (-2.56%)
At close: 4:01PM EDT
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Previous Close5.0800
Open4.9800
Bid4.9600 x 900
Ask4.9700 x 301500
Day's Range4.9500 - 5.0000
52 Week Range4.7100 - 6.6500
Volume17,647,519
Avg. Volume25,613,203
Market Cap27.544B
Beta (3Y Monthly)-0.06
PE Ratio (TTM)N/A
EPS (TTM)-0.1920
Earnings DateN/A
Forward Dividend & Yield0.24 (5.79%)
Ex-Dividend Date2019-05-22
1y Target Est6.54
Trade prices are not sourced from all markets
  • GlobeNewswire5 hours ago

    TUESDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nokia Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Nokia Corporation (“Nokia” or “the Company”) (NYSE: NOK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

  • GlobeNewswire2 days ago

    Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Whitestone REIT, Fusion Connect, Nokia, and Sprint and Encourages Investors to Contact the Firm

    NEW YORK, June 14, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Whitestone REIT, Fusion.

  • ACCESSWIRE3 days ago

    CLASS ACTION UPDATE for EB, NOK and XENT: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / June 14, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...

  • GlobeNewswire3 days ago

    Bronstein, Gewirtz & Grossman, LLC Class Action Reminder - EB, AAPL & NOK

    Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.

  • ACCESSWIRE3 days ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Nokia Corporation of Class Action Lawsuit and Upcoming Deadline - NOK

    NEW YORK, NY / ACCESSWIRE / June 14, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against Nokia Corporation ("Nokia" or the "Company") (NOK) and certain of its officers. The class action, filed in United States District Court, for the Southern District of New York, and indexed under 19-cv-03982, is on behalf of a class consisting of all persons and entities who purchased or otherwise acquired Nokia's securities between April 15, 2015 through March 21, 2019, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

  • ACCESSWIRE3 days ago

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of FSNN, NOK and TUSK

    CEDARHURST, NY / ACCESSWIRE / June 14, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • ACCESSWIRE3 days ago

    EB, AAPL & NOK - Bronstein, Gewirtz & Grossman, LLC Class Action Reminder

    NEW YORK, NY / ACCESSWIRE / June 14, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.

  • Is 5G Adoption Finally The Long-Awaited Catalyst For Nokia Stock?
    InvestorPlace3 days ago

    Is 5G Adoption Finally The Long-Awaited Catalyst For Nokia Stock?

    It's difficult to categorize Nokia (NYSE:NOK) as anything but a disappointment. Nokia shares have lost two-thirds of their value over the past decade. Recent performance hasn't been much better: NOK stock touched a 52-week low just last month.Source: Shutterstock The sense of disappointment goes beyond the stock price. This is a company that's offered promise repeatedly in recent years, with multiple potential catalysts for growth. The sale of its phone business to Microsoft (NASDAQ:MSFT) in 2013 brought in over $7 billion in cash, which was supposed to allow the Finnish tech company to focus on its networking business. The acquisition of Alcatel-Lucent was a supposed game-changer in driving so-called end-to-end sales.Nokia launched the Nokia 8 in 2017 to try and become a player in the smartphone business. It predicted the development of 5G wireless would be a significant driver for growth.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNone of those catalysts have played out. Nokia stock continues to drift downward. Revenue rose 1% in constant currency last year. Adjusted earnings declined.Nokia's CEO seems to insist that this time is different -- and he may be right. But investors would be wise to keep a skeptical attitude until he finally delivers on that promise. 5G and the Case for NOK StockHistory aside, there is an intriguing case for Nokia stock at the moment. NOK is cheap, at 13x 2020 EPS estimates. The company still has more than $2 billion in net cash on the balance sheet. And 5G development is on the way - with a major competitor potentially hamstrung. * 7 Stocks to Buy for the Coming Recession Nokia CEO Rajeev Suri addressed the company's 5G opportunity in an interview with Bloomberg this week. Suri said Nokia was competing well in 5G. China's Huawei, which clearly has taken share from Nokia in recent years, has been a target of the U.S. government based on national security concerns. But Suri argued that even that aside, "we compete quite favorably with Huawei".As for Scandinavian rival Ericsson (NYSE:ERIC), Suri claimed that Nokia wins "two-thirds of the time" when going up against them. The end-to-end offering now account for roughly half the company's pipeline of opportunities. Meanwhile, 5G demand continues to rise and Suri highlighted another opportunity in industrial IoT (Internet of Things). Suri's figures suggest demand in that part of IoT may be a bigger benefit to Nokia than 5G.Listening to Suri, it's easy to believe that NOK stock might finally be ready to rise. The opportunities are real, and substantial. European countries aren't putting the same pressure on Huawei as their U.S. counterparts, but the negative press surrounding that Chinese firm surely gives Nokia at least some sort of advantage. All told, Nokia looks ready to grow. At 13x earnings, Nokia stock isn't priced as such. Q1 Earnings and the Case Against Nokia StockThere are two problems with the case here, however. The first is that Nokia's first earnings were notably disappointing, leading NOK stock to drop 10%. And the second, again, is that Nokia has made promises before -- and had opportunities on which to capitalize.To be fair, Suri told Bloomberg that the company hadn't yet recognized revenue from signed contracts -- echoing commentary from Nokia after Q1. The company still sees significant 5G-related growth coming in the second half of the year. * 7 Dark Horse Stocks Winning the Race in 2019 But the company also admitted that full-year guidance would be tough to hit. And given the long-running credibility problems here, Nokia stock clearly has become a "show me" story. That's why investors sold so quickly after Q1 numbers: the fear is that Nokia is going to disappoint again. On the NOK Stock SidelinesThat risk colors the bull case for NOK stock, even at the lows. Networking is a tough business: even leader Cisco Systems (NASDAQ:CSCO) trades at just 16x forward earnings despite notably better results of late. Ericsson stock has been dead money for a decade. The same is true of Juniper Networks (NYSE:JNPR). Sure, 13x earnings for Nokia stock seems cheap … but it's not amazingly so in the context of the sector.Meanwhile, as intriguing as 5G appears, Nokia itself expects its addressable market to stay flat in 2019. Any revenue growth will have to come from market share gains and -- despite Suri's commentary and Huawei's struggles -- it's tough to have confidence in Nokia's ability to compete. It certainly hasn't done so in recent years.Nokia can prove skeptics wrong - and if it does, Nokia stock will gain. But until there's more than just optimistic talk backing up its growth potential, those skeptics, myself included, aren't changing their mind.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Is 5G Adoption Finally The Long-Awaited Catalyst For Nokia Stock? appeared first on InvestorPlace.

  • ACCESSWIRE4 days ago

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of NOK, CYH and HRTX

    NEW YORK, NY / ACCESSWIRE / June 13, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...

  • ACCESSWIRE4 days ago

    EB, AAPL & NOK - Bronstein, Gewirtz & Grossman, LLC Class Action

    NEW YORK, NY / ACCESSWIRE / June 13, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed againstthe following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.

  • AT&T Rolls Out 5G Handsets With Samsung, Seeks More Market
    Zacks4 days ago

    AT&T Rolls Out 5G Handsets With Samsung, Seeks More Market

    Buyers availing the new AT&T (T) Business Unlimited Preferred plan can get the Samsung Galaxy S10 5G handset on the wireless service provider's 5G mmWave network.

  • ACCESSWIRE5 days ago

    SHAREHOLDER ALERT: APYX NOK JMIA: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / June 12, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...

  • Nokia (NOK) Dips More Than Broader Markets: What You Should Know
    Zacks5 days ago

    Nokia (NOK) Dips More Than Broader Markets: What You Should Know

    Nokia (NOK) closed at $5.10 in the latest trading session, marking a -1.16% move from the prior day.

  • GlobeNewswire5 days ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Nokia Corporation of Class Action Lawsuit and Upcoming Deadline – NOK

    NEW YORK, June 12, 2019 -- Pomerantz LLP announces that a class action lawsuit has been filed against Nokia Corporation (“Nokia” or the “Company”) (NYSE: NOK) and certain of.

  • GlobeNewswire5 days ago

    CLASS ACTION UPDATE for NOK, MOMO, LTHM and PYX: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, June 12, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • ACCESSWIRE5 days ago

    ROSEN, A TOP RANKED LAW FIRM: Reminds Nokia Corporation Investors of Important JUNE 18 DEADLINE in Class Action Seeking Recovery of Investor Losses- NOK

    NEW YORK, NY / ACCESSWIRE / June 11, 2019 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Nokia Corporation (NYSE: NOK) from April 15, 2015 through March 21, ...

  • ACCESSWIRE6 days ago

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of EB, NOK and HRTX

    NEW YORK, NY / ACCESSWIRE / June 11, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...

  • ACCESSWIRE6 days ago

    EB, AAPL & NOK - Bronstein, Gewirtz & Grossman, LLC Class Actions

    NEW YORK, NY / ACCESSWIRE / June 11, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed againstthe following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.

  • ACCESSWIRE6 days ago

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of LYFT, NOK and XENT

    NEW YORK, NY / ACCESSWIRE / June 10, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...

  • GlobeNewswire7 days ago

    INVESTOR ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nokia Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Nokia Corporation (“Nokia” or “the Company”) (NYSE: NOK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

  • Nokia Winning 5G Contracts Despite Delivery Delays, CEO Says
    Bloomberg7 days ago

    Nokia Winning 5G Contracts Despite Delivery Delays, CEO Says

    Nokia Oyj is winning contracts “quite handsomely” in new 5G telecom networks as the top three suppliers go head-to-head for the emerging business, Chief Executive Officer Rajeev Suri said. “We compete quite favorably with Huawei, with or without the current security concerns,” Suri said in an interview with Bloomberg TV’s Caroline Hyde on Monday, referring to issues raised by the U.S. and elsewhere about China’s Huawei Technologies Co., the world’s largest network equipment manufacturer.

  • InvestorPlace7 days ago

    Here’s Why NOK Stock Could Skyrocket

    It's been a difficult road for Finnish telecom firm Nokia (NYSE:NOK). After the company nosedived back in 2012, NOK investors have been on a roller-coaster ride that has taken the share price from over $8 in 2014 to a hair above $4 in late 2016. Now, with the share price at $5 and a huge opportunity with the growth in 5G on the horizon, investors are wondering whether the turnaround NOK stock has been promising will finally materialize. 5G PotentialSource: FlickrThe big reason Nokia stock should be on your radar right now is the firm's potential to come out a winner in the 5G battle. The firm has been signing commercial 5G contracts at an impressive rate -- NOK has inked deals with 42 companies from varying industries over the past two months, reportedly putting the firm ahead of competitors like Huawei and Ericsson. Part of the reason for that is Nokia's existing relationship with companies around the world, and the promise of a smooth transition between 4G and 5G. The firm was able to sign up big-name blue chips like T-Mobile (NASDAQ:TMUS), AT&T (NYSE:T) and Telia Company, which speaks volumes about the NOK's clout in the industry.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Playing on TensionThe second big reason to keep Nokia stock on your watchlist is the ongoing tension between the US and China. Not only was Nokia plodding along nicely with it's 5G contracts on its own, but the United States' decision to turn its back on Chinese competitor Huawei is giving Nokia some pretty serious tailwinds. Not only has that helped NOK in the US, it's also caused foreign firms who side with the US' stance on China to consider Nokia contracts. * 7 Stocks to Buy As They Hit 52-Week Lows Amid worries about its ties to the Chinese government, Huawei is under scrutiny around the globe and that's helped Nokia get a foot in the door where it might not have otherwise. In Canada, telecoms like BCE and Telus are considering using Nokia despite having worked with Huawei on their 3G and 4G networks in the past. That's because the Canadian government is considering a move similar to the US' by banning Huawei. That helps Nokia in a few ways: first, it gives the firm a chance to build its Rolodex and lay its value proposition out for customers that otherwise may have ignored it because of an existing relationship with Huawei. There's also an obvious benefit if Huawei does get banned, because it means Nokia may win some of those contracts. The RisksOf course, there's a lot of risk that comes along with NOK stock. The firm's most recent quarterly results left a lot to be desired and revenue is projected to slide 3% for the full year. Plus there's the fierce competition that NOK is facing in the 5G arena. The firm's approach to 5G isn't fundamentally different to its competitors' -- which leaves a lot of speculation about whether or not Nokia can hold on to its strong position as time goes on. The Huawei ban is a huge part of the reason NOK stock is on anyone's mind right now, which is troubling because most agree that the US/China trade war won't last forever.Plus, there is some question as to whether or not Nokia can execute on its grand plan. We've been waiting for a turnaround from NOK to materialize for nearly a decade. The RewardWith that said, a recovery from where NOK stock is trading right now is all but guaranteed. The question is whether or not that recovery will be short-lived or not. At $5 per share Nokia is trading close to its 52-week low and likely to push higher as Chinese firms like Huawei endure more scrutiny from governments around the world. * 7 A-Rated Stocks to Buy Under $10 The firm's dividend payment is another incentive to take a risk on Nokia's longer-term future -- with a yield of 4.5% it's worth a second look. NOK stock looks likely to deliver gains in some capacity if you're willing to take a risk. However, before you buy NOK shares, decide if you're comfortable with the long-term picture. When the stock finally bounces back it could be a good opportunity to take the money and run, but if the firm makes good on its plans to be a 5G leader it might be even more valuable as a long-term play.As of this writing Laura Hoy was long T. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy As They Hit 52-Week Lows * 4 Antitrust Tech Stocks to Keep an Eye On * 5 Gold and Silver Stocks Touching Intraday Highs Compare Brokers The post Herea€™s Why NOK Stock Could Skyrocket appeared first on InvestorPlace.

  • The Bull Run on AMD Stock Is Not Anywhere Near Over
    InvestorPlace7 days ago

    The Bull Run on AMD Stock Is Not Anywhere Near Over

    Tech stocks usually do not get a second chance. Once there is a major breakdown, it is extremely tough to regain a competitive edge. Just look at companies like Nokia (NYSE:NOK), BlackBerry (NYSE:BB) and Groupon (NASDAQ:GRPN). Yes, things can get brutal. But as for Advanced Micro Devices (NASDAQ:AMD), the company has been able to beat the odds. During the past few years, AMD stock has staged an impressive turnaround.Source: Shutterstock In fact, Advanced Micro Devices is an example of a company that has had several second chances! Keep in mind that it has been around since 1969. Through its history, it has been able to get traction against arch-rival Intel (NASDAQ:INTC) from time to time, but the gains would not last long. AMD simply did not have the global scale to keep up the momentum.Things are different now. For the most part, AMD is a transformed company. It has become more disciplined with its cost-cutting. There has also been the outsourcing of chip production. More important, the company has become obsessed with innovation.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% A Closer Look at AMD StockThis recent turnaround has been due to the strong leadership of CEO Lisa Lu. She has a rare blend of talents for both business and technology.For example, she has written 40 technical papers and has a doctorate degree in electrical engineering from MIT. She has also held executive-level positions at companies like Freescale Semiconductor (NYSE:FSL) and IBM (NYSE:IBM).When it comes to AMD stock, it's important to understand that the technology platform is fairly unique. That is, the company develops both CPUs (Central Processing Units) and GPUs (Graphics Processing Units).Both technologies have been around for quite some time, but their uses have undergone significant changes resulting in an expanded market opportunity. With CPUs, there is the growth in the data center market while GPUs have proven to be ideal for AI (Artificial Intelligence) and analytics.Granted, INTC remains a formidable competitor, and Nvidia (NASDAQ:NVDA) has a powerful position with GPUs. Yet the market opportunities for these technologies is large enough for multiple players.AMD is starting to get separation because of its focus on innovation. For example, the company has put together a solid 7nm product, which should lead to market share gains. As for GPUs, there continues to be validation, as seen with a recent licensing of its Radeon graphics technology to Samsung (this will be for the massive mobile segment).Another major validation for AMD is a deal with Cray (NASDAQ:CRAY), which is in the process of being acquired by Hewlett Packard (NYSE:HPE). Cray will use AMD CPUs and GPUs for the development of the Frontier supercomputer that will launch in 2021. It is expected to be the world's fastest computer. Bottom Line on AMD StockNo doubt, AMD stock does face some notable challenges and headwinds. The U.S.-China trade war is disrupting supply chains in the chip market and weighing on global growth. At the same time, AMD still has limited resources and must deal with managing the complexities of targeting multiple markets.But so far, Su has shown she knows how to focus on the right things and get results.Granted, when it comes to AMD stock, the gains may not be on par of what we've seen in the past few years. But then again, for investors looking to get exposure to key markets like the data center and AI, this company does look like a solid option.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post The Bull Run on AMD Stock Is Not Anywhere Near Over appeared first on InvestorPlace.

  • GlobeNewswire7 days ago

    Nokia extends commitment to network security for the 5G world

    Press Release Launches DFSEC 2.0: an enhanced security program to address the critical security needs of 5G wide area networks Opens "Future X Security" Laboratory.