NOK - Nokia Corporation

NYSE - NYSE Delayed Price. Currency in USD
6.32
+0.02 (+0.32%)
At close: 4:01PM EST
Stock chart is not supported by your current browser
Previous Close6.30
Open6.30
Bid0.00 x 1400
Ask0.00 x 1100
Day's Range6.26 - 6.33
52 Week Range5.07 - 6.65
Volume20,775,697
Avg. Volume25,508,300
Market Cap35.451B
Beta (3Y Monthly)0.00
PE Ratio (TTM)N/A
EPS (TTM)-0.19
Earnings DateN/A
Forward Dividend & Yield0.24 (3.74%)
Ex-Dividend Date2018-05-31
1y Target Est7.25
Trade prices are not sourced from all markets
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  • 5 Best 5G Stocks to Buy As the Trend Heats Up
    InvestorPlace3 days ago

    5 Best 5G Stocks to Buy As the Trend Heats Up

    Just as IoT (Internet of Things) became a buzzword for many years before it started taking off, the same is happening with 5G. 5G is the next-generation standard for wireless communications. It promises to give wireless devices, especially the mainstream smartphone, lower latency and faster speeds. And because such uses as video streaming and IoT in automotive and appliances benefit from a faster backend network, investors will not want to miss out on the 5G revolution.The 5G upgrade is being driven by big U.S. telecom firms that are getting ready to test 5G sometime in the middle of this year. So as the upgrade cycle unfolds, investors will want to buy network suppliers offering 5G equipment.Before hopping on the 5G investment play, be wary on one outlier: Huawei. The U.S., along with other G7 countries, are blocking the company from selling telecom equipment. If this happens, other networking suppliers will win more business deals. But if Huawei somehow appeases the U.S. and is allowed to sell its 5G equipment, then that may raise the competitive pressures for all players in this space.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best ETFs You Can Buy With all of that in mind, here are five of the best 5G stocks to invest in now.Source: Shutterstock Cisco Systems (CSCO)Cisco Systems (NASDAQ:CSCO) may offset its slowing Security business if it wins 5G networking supply deals. It sells connections and network that protect connections worldwide. Cisco 5G Power x is a cloud-to-client approach to 5G. The solution delivers an open, hyper-programmable architecture (according to the information posted on its website). Any combination of cellular, Wi-Fi and IP access is supported.Cisco stock trades at just below 20 times forward earnings and earnings are expected to grow by nearly 10% for the next five years. This pace could be even higher as the rate of 5G orders increases this year.Source: Shutterstock Nokia (NOK)Nokia Corporation (NYSE: NOK) is trading in an uptrend that began in August 2018, and for good reason. Huawei's troubles could give Nokia's Alcatel-Lucent unit a positive lift as it wins 5G networking upgrades this year. In the fourth-quarter report released on Jan. 31, Nokia reported revenue growing 3.3% year-over-year. Looking forward, CEO Rajeev Suri said that he expects Nokia's performance to strengthen in 2019 over 2018. The meaningful shift to 5G will drive this business upswing. Longer-term growth will come from optical, macro radio, fixed wireless access and even software. But 5G will help these areas, through the second wave of upgrades of private wireless technology. This includes LTE and 5G-ready networks.Nokia is in a leadership position as 5G commercialization unfolds. The company is confident that it will dominate in the Americas, as well as in Europe, Middle East & Africa and Asia-Pacific. * The 10 Best ETFs You Can Buy Nokia stock trades at 14 times forward earnings. At the Mobile World Congress 2019 event on Feb. 25 - 28, Nokia may give more details on its success in the 5G rollout.Source: Shutterstock Ciena Corporation (CIEN)Trading near yearly highs, Ciena Corporation (NYSE:CIEN) will probably continue posting impressive quarterly results. In the Q4 report posted on Dec. 13, 2018, Ciena's earnings grew from 46 cents to 53 cents a share. With its next report on Mar. 5, before market open, chances are good that the company will report another earnings beat. The market is valuing the stock at just 17.4 times forward earnings.Looking beyond the current quarter, the strong demand for 5G will drive fiber densification into the access network. This creates a great opportunity for Ciena to help as new platforms get created. The new set of capabilities include integrating coherent optics into these platforms. This is Ciena's core market strength. 5G is not a direct driver for Ciena, but the bandwidth and user experience needs in the back-end are. So, expect revenue growth in this segment to do very well for 2019.Source: Shutterstock AT&T (T)AT&T (NYSE:T) introduced the first standards based on the mobile 5G network in 12 cities very recently. It is ahead of schedule in deploying the network. On the backend, fiber deployment, which is foundational to its 5G network, now reaches 11 million customer locations. This is on top of 8 million business locations.AT&T's leadership in 5G gives the telecom giant an edge over other carriers as it offers network improvements that include better speeds for its customers. As the rollout for 5G reaches critical mass, investors in AT&T stock will look forward to sustained revenue growth, strong cash flow and a dividend yield that is close to 7%. * 7 Reasons to Own Coca-Cola Stock Investors might worry over the cost of building a nationwide 5G network. Competitors are offering the same, but AT&T benefits from a wider bandwidth and higher revenue per user. This happens as customers upgrade to a better, faster service offering.Source: David Via Flickr Juniper Networks (JNPR)Juniper Networks (NYSE:JNPR) shares dipped slightly after the company reported light fourth-quarter results. Still, the business model pressure will be offset with the MX 5G product refresh. Management believes MX 5G will add meaningfully to revenue in the second half of this year. The routing business will strengthen, thanks to the 5G investment cycle. Should Juniper grow its market share, the firm may cross-sell its secure infrastructure solution -- firewall technology -- further adding to its revenues in the years ahead.For 2019, the carrier 5G deployment will help lift revenue. Juniper also believes the 400G upgrade cycle and the enterprise multi-cloud initiative will be a positive tailwind for the company over the next few years.As of this writing, Chris Lau held shares of Nokia Corporation. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post 5 Best 5G Stocks to Buy As the Trend Heats Up appeared first on InvestorPlace.

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  • GlobeNewswire3 days ago

    #MWC19: Nokia launches Cognitive Collaboration Hubs to help operators design 5G networks and create AI-enabled use cases

    Press Release The hubs provide data science expertise and cross-functional support to help operators to quickly develop tailored cognitive use cases Driver Behavior.

  • Calculating The Intrinsic Value Of Nokia Corporation (HEL:NOKIA)
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  • Nokia to Power Rakuten's Cloud-Native Network Foray in Japan
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    Nokia to Power Rakuten's Cloud-Native Network Foray in Japan

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  • Rakuten picks Nokia as partner for Japanese mobile network
    Reuters4 days ago

    Rakuten picks Nokia as partner for Japanese mobile network

    Japanese e-commerce firm Rakuten has picked Nokia Oyj as a key partner for its new mobile network in Japan, which is due to launch later this year, the Finnish company said on Wednesday. Nokia said it would plan, manage, deploy and integrate mobile network technology and software for Rakuten. Rakuten has more than 100 million users in Japan, something it can build upon when it enters the market as a mobile operator and digital services provider.

  • GlobeNewswire4 days ago

    Nokia selected as a key partner for Rakuten's end-to-end cloud-native mobile network in Japan

    Nokia announced today it is working with Rakuten to build a new mobile network in Japan. Nokia will provide full turnkey services to plan, manage, deploy and integrate cloud RAN, AirGile cloud-native core network technology and several Nokia software functions.

  • GlobeNewswire5 days ago

    Changes in Nokia Corporation's own shares

    A total of 5 524 901 Nokia shares (NOKIA) held by the company were today transferred without consideration to participants of Nokia's equity-based incentive plans as settlement in accordance with the rules of the plans. The number of own shares held by Nokia Corporation following the transfer is 25 799 404. Through our research teams, including the world-renowned Nokia Bell Labs, we are leading the world to adopt end-to-end 5G networks that are faster, more secure and capable of revolutionizing lives, economies and societies.

  • GlobeNewswire5 days ago

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  • Nokia Stock Isn’t As Good (or as Cheap) as It Looks
    InvestorPlace9 days ago

    Nokia Stock Isn’t As Good (or as Cheap) as It Looks

    I've never been much of a fan of Nokia (NYSE:NOK) stock. Nokia has traded sideways since late 2013 and seemingly with good reason. It has some good attributes, a solid balance sheet, and a 4% dividend, but it's long been difficult to make a compelling case for buying Nokia stock.. Click to Enlarge Source: Shutterstock Indeed, eighteen months ago, after NOK rallied, I advised caution. Since then, including dividends, Nokia has been about flat. And I don't see the case here as all that different. Over the next few years, 5G will provide a driver, the balance sheet still is strong, and the troubles of China's Huawei will position Nokia to take market share. But the cost savings from the merger with Alcatel-Lucent have been harvested, and the 2020 EPS guidance doesn't make NOK stock look all that cheap. The networking business continues to be a difficult one and seemingly offers cheap and more intriguing plays. There still seems to be a decent chance that the next few years for NOK look much like the last few. * 7 Reasons You Want Boeing Stock in Your Portfolio NOK Stock After EarningsThe Q4 earnings report from Nokia truly sums up "the eye of the beholder" nature of Nokia stock. Investors looking for good news can look to Q4 numbers and initial guidance for 2019 and 2020. Revenue in the quarter rose 3% year-over-year, while adjusted operating income grew a solid 12%. The software business (a key part of Nokia's long-term growth strategy) posted a 12% constant-currency increase in sales for the quarter.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, the outlook seems rather strong. Nokia generated EPS of 0.23 euros in 2018 but expects that figure to grow sharply over the next two years. Initial 2019 guidance is pegged at EUR 0.25-0.29, followed by a sharp gain to EUR 0.37-0.42 in 2020.At the midpoint of the latter range, EPS should grow 72% over the next two years. That seems to show that the shift to 5G, which should start hitting Nokia results in the second half of next year, is a real driver for Nokia earnings.Taking a broader fundamental view, however, the results look far less impressive. Q4 numbers were good but full-year 2018 results were disappointing. Sales rose just 1% excluding foreign exchange effects; revenue growth in Software was just 4% at constant currency. Consolidated adjusted operating income declined 16%, with margins dropping 140 bps.Adjusted EPS is growing the next two years but it fell 30% in 2018 and 2019 guidance is below 2017 levels, and even the high end of the 2020 range only suggests a little over 8% annual growth over the three years.In the context of the 5G shift, Huawei's issues, and the supposed importance of software as a growth catalyst, that performance isn't all that impressive. And even with Nokia stock at $6, it hardly seems impressive enough. The Valuation of Nokia StockNOK might seem cheap but its valuation is hardly an outlier in the networking space. At the high end of 2020 guidance, and backing out the company's net cash, NOK is valued at a little under 13x earnings per share.That's not a bad multiple, certainly. A dividend yield (based on the 2019 payout of EUR 0.20) of 3.75% helps the case as well. But paying 12x+ out-year earnings in a bullish scenario is a good, but hardly spectacular, deal.Meanwhile, in the same sector, there are even cheaper plays. Networking leader Cisco Systems (NASDAQ:CSCO) is available for a similar multiple. Juniper Networks (NYSE:JNPR) can be owned for even less. Neither company necessarily is posting torrid growth, but again, at the midpoint of guidance and looking at the multi-year trajectory, Nokia's own growth is rather muted.Certainly 5G is going to help revenue and earnings but even with that growth NOK looks fairly valued. And as far as 5G plays go, NOK stock hardly seems like the best, or cheapest one.Qualcomm (NASDAQ:QCOM) has issues with Apple (NASDAQ:AAPL), and I've long been a skeptic toward that stock, but back at the lows it looks intriguing. QCOM's dividend yield is higher (almost 5%) and its valuation lower, at less than 12x 2019 earnings.Even a provider like Verizon Communications (NYSE:VZ) or, for more adventurous investors, China Mobile (NYSE:CHL), should see benefits from 5G. VZ, in particular, looks like an attractive dividend play, as I wrote last month.The long-running problem for Nokia persists: it's simply difficult to get that excited about the stock. The dividend yield is nice (though there are added complications for US-based investors), but there are other income stocks out there. Growth has been muted, and other similar networking plays seem to be available for cheaper.It's tough to see what makes NOK the best play, and what gets Nokia stock out of its range. That's been the problem for years, and it still is.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monster Growth Stocks to Buy for 2019 and Beyond * 7 Cloud Stocks To Buy Now * 5 Undervalued Stocks to Invest In Compare Brokers The post Nokia Stock Isn't As Good (or as Cheap) as It Looks appeared first on InvestorPlace.

  • TheStreet.com10 days ago

    Chart of the Day: A Timeline of Nokia's Rise and Fall

    Many Nokia investors in the year 2000 would also have been shocked to hear that in the next decade Nokia stock would lose nearly 90% of its value. From that vantage point, it becomes clear why Action Alerts PLUS portfolio manager Jim Cramer eschewed recommending the stock for over 20 years. Looking at the stock chart, Nokia reached a peak stock price of around $40 per share in 2007, the year Steve Jobs launched his signature smartphone.

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  • TheStreet.com10 days ago

    Here's Why I'm Bullish on Nokia Over the Coming Year

    According to findings at the GSM Association (GSMA), the leading trade group among the world's 750 mobile operators, a number of mobile 5G commercial launches are expected over the next three years in North America, Asia and Europe. As anyone who has used a mobile phone or smartphone knows, in order to have those connections, the corresponding networks need to be deployed and lit by the operators. As that 5G ramp grows both in and outside of the U.S. over the coming quarters, it means we should see quarter over quarter improvement in Nokia's revenue and profits.

  • TheStreet.com10 days ago

    Nokia's 5G Ambitions Bring Back Bullish Sentiment

    First of all, it's no secret that Nokia has not been what one would consider a hot stock... in years. Shares of the Finnish phone maker have traded in the red throughout Thursday, pushing the stock price to sub-$6 levels at its lows. The paltry price on shares is even more pronounced when compared to the last time Jim Cramer recommended the stock in 1997.

  • TheStreet.com10 days ago

    Why Jim Cramer Recommends Nokia For the First Time Since 1997

    Party like it's...1997? Jim Cramer explains why he thinks that Nokia has upside potential.

  • TheStreet.com10 days ago

    Nokia Shares Dip After France Rejects Move to Tighten Rules on 5G Providers

    shares edged lower Thursday after lawmakers in France rejected moves by the government to tighten rules on telecoms companies providing next generation equipment that could raise concerns over national security. , as well as Huawei, to seek formal government approval before installing certain types of equipment.

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  • TheStreet.com10 days ago

    Nokia Stock Sinks Despite Potential Trade War Tailwind

    Shares of Nokia slipped over 1% in pre-market trading on Thursday despite the potential benefit the much-publicized trade war could entail for the 5G provider. The slide comes as the French government moved to reject a motion to tighten restrictions on Nokia's main competitors, Huawei and ZTE , amid numerous accusations of impropriety on behalf of the Chinese telecom giants.

  • TheStreet.com10 days ago

    Nokia Has Corrected Back to What Should Be Good Support

    Add above $6.25 and above $6.50 looking for $16.25." Let's take a few minutes to check the charts and indicators again for Nokia, which is a holding in the Stocks Under $10 portfolio. In this daily bar chart of NOK, below, we can see how prices broke out to the upside in the back half of January with a gap above $6.25 and gains to more than $6.50 before a recent pullback. The daily On-Balance-Volume (OBV) line has been moving upward from a low in October, suggesting that buyers of NOK have been more aggressive.

  • GlobeNewswire10 days ago

    Nokia and M-net conduct first field trial of probabilistically shaped wavelengths using Nokia Photonic Service Engine 3 super coherent technology

    In preparation for the roll-out of its state-of-the-art Bavarian WDM network, M-net has become the first carrier to trial Nokia's Photonic Service Engine 3 coherent digital signal processing technology.