Nokia Shares Hit 5-Day Low Amid Mixed Market Response
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2026
0mins
Should l Buy NOK?
Source: Benzinga
Shares of NOK.N fell to a 5-day low today, declining by 3.6% in premarket trading. This drop comes despite the announcement of a significant three-year contract with Telecom Italia aimed at enhancing 5G network coverage. The partnership will leverage Nokia's advanced technology, including the Habrok 32 Massive MIMO radios and AI-driven MantaRay SON solution, to improve digital infrastructure across Italy. However, the broader market reaction has been tepid, influenced by a recent Cloudflare outage that negatively impacted tech stocks, raising concerns about the sector's stability.
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Analyst Views on NOK
Wall Street analysts forecast NOK stock price to rise
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 7.300
Low
6.50
Averages
7.36
High
8.50
Current: 7.300
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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