Nokia Oyj plans to invest $4 billion in R&D and manufacturing in the U.S., enhancing its AI optimized networking solutions. The company’s market capitalization is nearly $34 billion, with stock performance up 43.71% in the past 52 weeks. Third-quarter results showed adjusted net sales of €4.83 billion, exceeding expectations. Analysts have mixed views on Nokia stock, with Jefferies upgrading it to “Buy” and JPMorgan maintaining an “Overweight” rating. The consensus price target is $6.58, representing an 8.58% upside. Analysts project EPS to decrease in 2025 but increase in 2026.
Read more at Barchart: A $4 Billion Reason to Buy Nokia Stock Now
