The Latest Breaking News from Nokia Oyj

Despite the challenges encountered last year, the tech industry is well-positioned to expand rapidly in the foreseeable future by leveraging growth opportunities with the rising adoption of advanced technologies in various sectors and growing IT spending. Hence, it could be wise to invest in fundamentally sound tech stocks Nokia (NOK),…

Despite macroeconomic headwinds that hindered last year’s growth, the technology industry is poised to experience a resurgence in the foreseeable future, fueled by strong demand for advanced technologies and growing IT spending. Hence, adding fundamentally strong tech stocks Cisco Systems (CSCO) and Nokia (NOK) to your watchlist could be wise…

The growing dependence on the internet and cloud-based solutions in this digital era is bolstering the prospects of the networking industry. With analysts expecting significant growth in the coming years, networking stocks like Juniper (JNPR), Extreme Networks (EXTR), and Nokia (NOK) are ideal additions to one’s portfolio now.

Nokia Oyj (NYSE: NOK) provides mobile, fixed and cloud network solutions worldwide, and over the past year has given impressive returns to investors.

Jefferies analyst Janardan Menon initiated coverage of Nokia Oyj (NYSE:NOK) with a Buy rating and EUR 6 price target.  Menon sees 2022 as a strong year for telecom equipment makers citing lofty U.S. C-band deployments and improved 5G roll-outs in Europe. Also Read: Why Nokia Shares Are Rising Today Menon expects Nokia to benefit from…

Raymond James upgraded Nokia Oyj (NYSE: NOK), citing "improving competitive position" and rebuilding confidence in management.

Kyndryl Holdings Inc (NYSE:KD) and Nokia Oyj (NYSE:NOK) forged a global network and edge computing partnership. They look to help enterprise customers accelerate their digital transformations with industrial-grade reliable and secure LTE and 5G private wireless networking. The partnership builds on a successful private wireless connectivity project combining Nokia Digital Automation Cloud (DAC) application platform…

Nokia Oyj (NYSE:NOK) reported a fourth-quarter FY21 net sales decline of 2% year-on-year (-5% in constant currency) to €6.4 billion, missing the consensus by €70 million. Strong growth in Network Infrastructure of 10% was offset by Mobile Networks decline of 16%. Margins: The gross margin expanded by 50 bps to 39.5%. Comparable gross margin…