Hollencrest Capital Management Purchases 50,500 Shares of Nokia Corporation $NOK

Hollencrest Capital Management grew its position in shares of Nokia Corporation (NYSE:NOK) by 30,792.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,664 shares of the technology company’s stock after purchasing an additional 50,500 shares during the quarter. Hollencrest Capital Management’s holdings in Nokia were worth $407,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in NOK. Fifth Third Bancorp boosted its position in Nokia by 248.7% during the 4th quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock worth $25,000 after buying an additional 2,721 shares during the period. Wexford Capital LP acquired a new position in Nokia in the 3rd quarter valued at approximately $29,000. FNY Investment Advisers LLC raised its stake in shares of Nokia by 33,457.1% during the fourth quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock valued at $30,000 after acquiring an additional 4,684 shares during the last quarter. Dorato Capital Management bought a new position in shares of Nokia during the fourth quarter valued at $31,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Nokia during the third quarter worth $34,000. Institutional investors and hedge funds own 5.28% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on NOK shares. Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Bank of America raised Nokia from a “neutral” rating to a “buy” rating and set a $12.40 target price on the stock in a report on Monday, April 13th. Nordea Equity Research upgraded Nokia from a “hold” rating to a “buy” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. increased their price target on Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Finally, Morgan Stanley restated an “overweight” rating on shares of Nokia in a research report on Friday, May 22nd. Thirteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Nokia presently has an average rating of “Moderate Buy” and an average target price of $12.57.

Key Stories Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia launched what it calls the industry’s first commercial AI-RAN platform and expanded its 5G partnership with Taiwan Mobile, which could boost network capacity, automation, and energy efficiency while creating a new revenue opportunity. Nokia Launches AI RAN Platform And Expands Taiwan Mobile 5G Deal
• Positive Sentiment: Retail traders remain upbeat about Nokia’s AI-RAN strategy, its Nvidia partnership, and cloud-related growth, suggesting the stock still has a strong speculative support base despite recent weakness. NOK Stock Faces Worst Week In 5 Years – But Retail Traders Are Not Giving Up On Nokia’s AI RAN Technology Push
• Positive Sentiment: Multiple reports highlighted Nokia’s Nvidia-powered AI networking push and argued it could power the next leg higher in NOK if the company can convert the technology story into real revenue growth. Nokia’s AI Bet Just Got Bigger: Its Nvidia Partnership Could Power the Next Leg Higher in NOK Stock
• Neutral Sentiment: Analyst-style comparisons versus Ciena also kept attention on Nokia’s AI networking exposure, but these pieces were more evaluative than catalyst-driven and do not appear to change the near-term outlook by themselves. Ciena vs. Nokia: Which AI Networking Stock Is the Better Buy?
• Neutral Sentiment: Nokia confirmed it will publish its second-quarter and half-year 2026 report on July 23, keeping investors focused on whether the AI and networking momentum is showing up in financial results. Nokia to publish second-quarter and half-year 2026 financial report on 23 July 2026
• Negative Sentiment: The stock has seen a sharp recent selloff, and the “worst week in 5 years” framing suggests investors are still worried that Nokia’s AI story may take time to translate into earnings and sustained share-price recovery. NOK Stock Faces Worst Week In 5 Years – But Retail Traders Are Not Giving Up On Nokia’s AI RAN Technology Push

Nokia Stock Up 0.1%

Shares of Nokia stock opened at $10.13 on Monday. The stock’s 50-day moving average is $13.77 and its 200 day moving average is $10.17. Nokia Corporation has a one year low of $4.00 and a one year high of $17.45. The firm has a market cap of $58.17 billion, a price-to-earnings ratio of 63.32, a PEG ratio of 1.43 and a beta of 1.17. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.57 and a quick ratio of 1.32.

Nokia (NYSE:NOK) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.06 earnings per share for the quarter. The business had revenue of $5.21 billion during the quarter. Nokia had a return on equity of 9.05% and a net margin of 4.02%. Equities research analysts anticipate that Nokia Corporation will post 0.4 EPS for the current year.

Nokia Company Profile

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.