NOK - Nokia Corporation

NYSE - NYSE Delayed Price. Currency in USD
5.02
+0.03 (+0.60%)
At close: 4:01PM EDT

5.02 0.00 (0.00%)
Pre-Market: 6:51AM EDT

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Previous Close4.99
Open5.05
Bid5.05 x 300400
Ask5.06 x 41800
Day's Range5.01 - 5.07
52 Week Range4.71 - 6.65
Volume14,265,615
Avg. Volume23,280,976
Market Cap27.97B
Beta (3Y Monthly)-0.06
PE Ratio (TTM)N/A
EPS (TTM)-0.19
Earnings DateN/A
Forward Dividend & Yield0.29 (5.86%)
Ex-Dividend Date2019-05-22
1y Target Est6.54
Trade prices are not sourced from all markets
  • GlobeNewswire23 hours ago

    Rekor Systems Selected by Nokia to Provide Automatic License Plate Reader Software as Part of Nokia’s Analytics Solutions

    COLUMBIA, Md., June 26, 2019 -- Rekor Systems, Inc. (NASDAQ: REKR) ("Rekor"), a leading provider of innovative vehicle recognition systems, announced today it has been selected.

  • GlobeNewswireyesterday

    China Mobile first to deploy Nokia's new Massive MIMO solution, accelerating the transition to 5G services

    Nokia has announced that China Mobile (CMCC) will adopt its new AirScale mMIMO Adaptive Antenna (MAA), created specifically for the massive bandwidth and coverage requirements of the Chinese market as it transitions to 5G. Building on CMCC's leadership in the 2.6 GHz 5G ecosystem, the Nokia MAA ensures that, as one of the world's biggest operators, CMCC can more efficiently allocate network resources between 4G and 5G users and address the demand for high-bandwidth 5G use cases.

  • Nokia (NOK) Stock Moves -0.89%: What You Should Know
    Zacks2 days ago

    Nokia (NOK) Stock Moves -0.89%: What You Should Know

    Nokia (NOK) closed the most recent trading day at $5, moving -0.89% from the previous trading session.

  • GlobeNewswire7 days ago

    NOKIA BELL LABS AND AMBER RESEARCHERS FORMULATE NEW BATTERY DESIGN FOR THE 5G WORLD

    20 June 2019, Espoo, Finland, and Dublin, Ireland: Researchers at Nokia Bell Labs and AMBER, the SFI Centre for Advanced Materials and BioEngineering Research  hosted at Trinity College Dublin, today announced they have created a new, innovative formula for battery composition that makes batteries more powerful by packing 2.5 times the battery life than anything currently on the market. As the world transitions to 5G, ushering in a new era of consumer and industrial Internet of Things (everything from wearable technologies, pervasive sensors, to industrial robots), this new, game-changing battery design has the potential to help power the connected world of the future.

  • Telecom Stock Roundup: AT&T Wins Spectrum Licenses, Nokia's Deal & More
    Zacks7 days ago

    Telecom Stock Roundup: AT&T Wins Spectrum Licenses, Nokia's Deal & More

    While AT&T (T) secures spectrum licenses that cover about 98% of the U.S. population, Nokia (NOK) aims to improve the operational efficiency of Cleco with state-of-the-art packet-based architecture.

  • Here is What Hedge Funds Think About Nokia Corporation (NOK)
    Insider Monkey8 days ago

    Here is What Hedge Funds Think About Nokia Corporation (NOK)

    We at Insider Monkey have gone over 738 13F filings that hedge funds and famous value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article we look at what those investors think of Nokia Corporation (NYSE:NOK). Nokia Corporation (NYSE:NOK) […]

  • Why Nokia Stock Is a Show-Me-First Situation
    InvestorPlace8 days ago

    Why Nokia Stock Is a Show-Me-First Situation

    It has been a rough run for shares of Nokia (NYSE:NOK) over the past several years. This was once one of the world's largest mobile phone companies. Today, the company doesn't even have a mobile phone business. Instead, market forces have relegated NOK to selling end-to-end networking solutions to telecom-service providers.Source: Shutterstock That's a fine business. But it's not a growth one. As such, during the process of Nokia going from huge mobile phone maker to networking solutions provider, NOK stock has dropped from $15 a decade ago to $5 today.Now, 5G is supposed to save the day for Nokia. Broadly, the mainstream commercial roll out of the next-gen wireless technology may significantly expand the company's addressable market. Ultimately, this transition could drive revenues and margins materially higher.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhile possible, revenues and margins haven't moved materially higher in several years. Thus, investors won't believe it until they see it. They aren't seeing it now, nor do I anticipate such a development soon. Thus, NOK stock will likely remain depressed for the foreseeable future. 5G Could Save the DayCurrently, management is pitching the idea that 5G is going to save the day for Nokia stock. They may be right. * 5 Stocks to Buy for $20 or Less 5G is a huge revolution and advancement in the global-telecom world. Put simply, it's far superior to anything currently available. It's also launching at a time when: a) the number of connected devices in the world is growing exponentially, and b) every service is becoming an internet service in some shape or form. Thus, 5G isn't just better. It also has the potential to dramatically expand the addressable market.Nokia is at the heart of the 5G pivot. The company makes and sells the end-to-end networking solutions which are essentially the building blocks for 5G coverage. NOK has also won over 40 5G contracts, which is more than any other components provider. Essentially, these deals make them the global end-to-end 5G-solutions leader.That's why Nokia management is so excited about this transformational tech. If the 5G market does live up to the hype -- and if NOK maintains market leadership position -- revenues and profits will head materially higher over the next several years. That robust profit growth will launch Nokia stock upward, especially from today's depressed base. Shares currently trade at just 13-times forward earnings, with about 25% of the market capitalization covered in cash on the balance sheet. This Is a "Show Me" SituationUnfortunately, the aforementioned bull thesis lacks conviction, given the company's track record of persistent revenue declines and margin erosion.Ever since Nokia spun off its mobile phone business in 2012, this company has had trouble reporting consistently positive results. Revenue declines have characterized most years since then. Additionally, margin compression and negative profit growth have stymied NOK stock during that same timeframe.To sump up, NOK is associated with negative revenue growth, margin compression, and profit erosion. Investors aren't going to believe that this shoddy trajectory will suddenly inflect higher because of the 5G rollout. Instead, investors will require proof that this will happen. Like it or not, that proof will come in the form of improved numbers.That isn't happening yet. Last quarter, revenues declined, and margins compressed. It also likely won't happen soon. Analysts expect revenues and profits to drop down this quarter too, and the quarter after that.In other words, the numbers aren't going to improve in a meaningful way anytime soon. That's because the bulk of the 5G rollout has been pushed back to 2020. Until those numbers do improve, Nokia stock won't stage a sustainable move higher. That's why you should avoid shares right now. Bottom Line on NOK Stock5G could save the day for Nokia stock. However, things have been depressed at this company for so long, that investors won't believe in the 5G turnaround until they see it.They aren't seeing it today. They won't see it anytime soon. As such, for the foreseeable future, NOK stock will remain depressed.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Red-Hot IPO Stocks to Buy for the Long Run * 5 Stocks to Buy for $20 or Less * 4 Dow Jones Stocks Ready to Rise Compare Brokers The post Why Nokia Stock Is a Show-Me-First Situation appeared first on InvestorPlace.

  • Financial Times8 days ago

    Nokia signs €1.5bn loan linked to greenhouse gas emissions

    Nokia has committed to a new €1.5bn credit facility, which will bind it to a set of targets for reducing greenhouse gas emissions, in a sign of the growing uptake by companies and lenders of green financing tools. Under such facilities companies’ costs of borrowing vary, depending on whether they hit pre-determined goals linked to environmental, social and governance standards. Nokia’s new five-year revolving credit facility, announced on Wednesday, is structured so that the margin that the group pays rises or falls depending on its progress in reducing greenhouse gas emissions from Nokia’s own operations, and those attributable to customers’ use of Nokia products.

  • GlobeNewswire8 days ago

    Nokia signs revolving credit facility with its pricing mechanism linked to the company's sustainability targets

    June 19, 2019 Espoo, Finland - Nokia announced today the signing of a EUR 1,500 million five-year multicurrency revolving credit facility ("RCF") with two one-year.

  • GlobeNewswire8 days ago

    Nassib Abou-Khalil named Chief Legal Officer, Jenni Lukander named President of Nokia Technologies and as members of Nokia Group Leadership Team

    Nokia Corporation Stock Exchange Release June 19, 2019 at 08:00 (CET +1) Nassib Abou-Khalil named Chief Legal Officer, Jenni Lukander named President of Nokia.

  • Nokia (NOK) Outpaces Stock Market Gains: What You Should Know
    Zacks9 days ago

    Nokia (NOK) Outpaces Stock Market Gains: What You Should Know

    Nokia (NOK) closed at $5.02 in the latest trading session, marking a +1.01% move from the prior day.

  • ACCESSWIRE9 days ago

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of NOK, MOMO and ZUO

    NEW YORK, NY / ACCESSWIRE / June 18, 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 ...

  • Business Wire9 days ago

    TUESDAY DEADLINE NOTICE: The Schall Law Firm Announces it is Investigating Claims 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 that it is investigating claims on behalf of investors of 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. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

  • GlobeNewswire9 days ago

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

    NEW YORK, June 18, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • Nokia to Modernize Microwave Communications Network of Cleco
    Zacks9 days ago

    Nokia to Modernize Microwave Communications Network of Cleco

    Nokia (NOK) will utilize its Wavence microwave packet radio portfolio for the transition to advanced Internet Protocol-based networks from the existing time division multiplexing technology.

  • GlobeNewswire10 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 17, 2019 -- Pomerantz LLP announces that a class action lawsuit has been filed against Nokia Corporation (“Nokia” or the “Company”) (NYSE: NOK) and certain of.

  • ACCESSWIRE10 days ago

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

    NEW YORK, NY / ACCESSWIRE / June 17, 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 ...

  • Business Wire10 days ago

    TUESDAY DEADLINE REMINDER: The Schall Law Firm Announces it is Investigating Claims 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 that it is investigating claims on behalf of investors of 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. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

  • ACCESSWIRE10 days ago

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of BSX, NOK and MOMO

    NEW YORK, NY / ACCESSWIRE / June 17, 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 ...

  • ACCESSWIRE10 days ago

    AAPL, WSR & NOK - Bronstein, Gewirtz & Grossman, LLC Class Action Deadline

    NEW YORK, NY / ACCESSWIRE / June 17, 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. The complaint alleges that during the Class Period, defendants made materially false and misleading statements and/or failed to disclose adverse information regarding Apple's business and prospects.

  • GlobeNewswire10 days ago

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

    NEW YORK, June 17, 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.

  • GlobeNewswire10 days ago

    Nokia selected by Cleco to modernize its microwave communications network, supporting retail and utility customers in Louisiana and Mississippi

    Nokia has been selected by Cleco to modernize its microwave communications network to support approximately 290,000 customers Cleco serves through its retail business and those it supplies wholesale power to in Louisiana and Mississippi. The new network is based on Nokia's microwave packet radio technology and its new Microwave Packet Transceiver Plus (MPT-HLC Plus), designed to deliver the reliability and performance needed to support Cleco's expanding capacity needs, while providing the scalability and flexibility to enable it to introduce new services in the future.

  • GlobeNewswire11 days 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.