Nokia Oyj (NOK) is identified as one of the 11 Most Undervalued Cloud Stocks Under $10 by hedge funds due to its share price under $10, strong hedge fund interest, and low price-to-earnings ratio. However, the company reported lower Q2 revenue and EPS, revising its full-year 2025 financial outlook. The revised guidance cites a weaker US dollar and ongoing tariff impacts affecting profits. The company’s Q2 performance saw flat net sales of EUR 5.35 billion, with declines in Mobile Networks offset by growth in other segments. Operating through various segments, Nokia Oyj offers mobile, fixed, and cloud network solutions globally. While NOK shows investment potential, certain AI stocks may offer greater upside with less downside risk. For more insights on undervalued AI stocks, refer to a free report on the best short-term AI stock.

Read more at Yahoo Finance: Nokia Oyj (NOK) Reports Lower Q2 Revenue and EPS