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Stock of the week
NOKIA
Nokia Corporation
Week of Oct 5th, 2026
Overall sentiment
Mixed
slightly down vs last week
8 sources
Nokia reports Q3 earnings October 22, with the stock around €9.20, down 39% from its 2026 high of €15.00 and sentiment slightly weaker this week. AI and cloud demand remains a key bullish driver, with €2.8B in orders and Jefferies targeting €13.80, implying roughly 50% upside. But negative Q2 operating cash flow of €620M, €700–800M of expected restructuring outflows, and a 73x P/E leave investors focused on whether Nokia can convert its strong order book into cash and maintain its €2.0–2.5B operating profit guidance.
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Sentiment synthesis
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Bull vs bear
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Key themes
The narratives driving sentiment right now — from macro trends to company-specific catalysts.
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