Nokia's Transformation: New Opportunities in AI Connectivity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 18 2026
0mins
Source: Fool
- Strategic Partnership: Nokia's collaboration with Nvidia, announced in October, involves a $1 billion investment for a 2.9% stake at $6.01 per share, aiming to co-develop AI-native radio access networks (AI-RAN) that will enhance 5G and future 6G technologies.
- Financial Performance: In Q1 2026, Nokia reported net sales of €4.5 billion, with AI and cloud-related revenue surging by 49% year-over-year, resulting in €1 billion in new orders from cloud customers during the quarter, indicating robust AI-driven demand.
- Market Outlook: Nokia has raised its long-term forecast for its addressable AI and cloud market to a compound annual growth rate of 27% through 2028, up from 16%, reflecting strong demand for high-bandwidth, low-latency infrastructure.
- Smart Home Opportunities: Nokia's newly unveiled agentic AI capabilities extend AI into home and broadband networks, with the telecom sector expected to invest $6.2 billion in agentic AI by 2030, while the broader smart home market is projected to reach $126 billion by 2035, highlighting significant market potential.
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Analyst Views on NOK
Wall Street analysts forecast NOK stock price to fall
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 15.280
Low
6.50
Averages
7.36
High
8.50
Current: 15.280
Low
6.50
Averages
7.36
High
8.50
About NOK
Nokia Oyj is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience. The Company has Comptel Oyj among its subsidiaries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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