Nokia expands Microsoft tie-up: 13 of 19 analysts rate Nokia stock Buy

Published on 10/06/2026 at 12:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nokia's Q2 comparable operating profit rose 18.00 percent to EUR 434.00 million. Nokia stock costs EUR 9.27 on October 6, 2026 versus EUR 9.23.

Editorial-Aufnahme eines Börsenbildschirms mit Helsinki Skyline im Hintergrund — Nokia Oyj (FI0009000681) Börsen-Editorial zeigt Kursdiagramm-Bildschirm mit Blick auf Helsinki Finanzdistrikt bei Nacht, Illustration mit AI erstellt.

Nokia stock (ISIN FI0009000681) was trading at EUR 9.27 at Lang & Schwarz on October 6, 2026 at 11:50 a.m. CEST, or EUR 0.04 above the prior close of EUR 9.23. On September 17, 2026, Nokia expanded its partnership with Microsoft, while MarketBeat reported on October 6, 2026, that 13 of 19 covering analysts assigned a Buy rating.

Microsoft tie-up targets network automation

Nokia Data Suite and Microsoft Fabric are designed to give telecom operators access to trusted network data in minutes instead of weeks. The September 17, 2026 announcement named autonomous voice over new radio assurance, radio-network geo-experience analysis and predictive maintenance as initial applications.

The offering is available across multi-vendor, cross-domain, hybrid, cloud and on-premises environments. That matters because Nokia is trying to turn its AI infrastructure exposure into software and automation demand rather than relying only on equipment cycles.

Q2 profit shows the central trade-off

According to Yahoo Finance, AI and cloud customer sales increased 105.00 percent year over year to EUR 446.00 million in the second quarter of 2026. AI and cloud order intake reached EUR 2.80 billion, while comparable operating profit rose 18.00 percent to EUR 434.00 million.

The counterweight was reported profitability. Nokia posted a EUR 50.00 million operating loss in the second quarter of 2026, and free cash flow was negative EUR 732.00 million. The same report said Nokia maintained comparable operating profit guidance of EUR 2.10 billion to EUR 2.60 billion for fiscal year 2026, with restructuring and capital spending still absorbing cash.

Next results arrive October 22

The Wall Street Journal lists October 22, 2026, as Nokia's next earnings date. The upcoming report will show whether the second-quarter AI order intake is converting into sales while restructuring costs continue to pressure reported earnings.

Nokia stock trades at EUR 9.27

Nokia stock was trading at EUR 9.27 at Lang & Schwarz on October 6, 2026 at 11:50 a.m. CEST, plus 0.43 percent versus the Lang & Schwarz prior close of EUR 9.23 on October 5, 2026. The reference quote remains below the USD 17.45 52-week high shown for the NYSE-listed ADR, so the two venues should not be combined in one performance figure. The further course of trading is shown by the continuously updated real-time quote of Nokia stock.