Nokia is selected for Brazil network project and Nokia stock costs EUR 9.59

Published on 10/07/2026 at 09:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nokia is selected for a Brazil network project as second-quarter profit rose 18 percent. Nokia stock costs EUR 9.59 on October 7, 2026 versus its EUR 9.73 prior close.

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 (FI0009000681) was selected to modernize Brazil's national research and education network on October 6, 2026, while its stock was at EUR 9.59 at Lang & Schwarz on October 7, 2026, down 1.44 percent versus the EUR 9.73 prior close. The contract gives Nokia a concrete network infrastructure reference point as investors await the company's third-quarter report.

Brazil project adds network demand

According to Nokia on October 6, 2026, Rede Nacional de Ensino e Pesquisa selected Nokia and Q13 to modernize Brazil's rede Ipê network. The project is tied to AI-ready connectivity and gives the company an additional customer reference in Latin America's research and education market.

The announcement follows a second quarter in which Nokia's AI and cloud customer sales grew 105 percent year over year, while AI and cloud order intake reached EUR 2.8 billion. Those figures point to strong demand, but they also raise the importance of converting orders into reported sales and operating profit.

Profit quality matters in the third quarter

MetaTrader reports that Nokia generated EUR 4.815 billion of net sales in the second quarter of 2026, up 8 percent year over year. Comparable operating profit increased 18 percent to EUR 434 million, producing a 9.00 percent comparable operating margin, while reported operating profit was a EUR 50 million loss after restructuring charges.

The contrast is the key investor issue. Nokia's comparable figures improved, but the reported loss and negative second-quarter operating cash flow of EUR 620 million show that restructuring and working capital still weigh on the income statement and cash conversion.

Analysts see October earnings test

According to finanzen.ch on October 7, 2026, 20 analysts expect third-quarter earnings of EUR 0.063 per share and revenue of EUR 5.05 billion. The revenue estimate is 4.57 percent above the EUR 4.83 billion reported for the comparable prior-year quarter.

The same estimate set puts full-year revenue at EUR 20.76 billion, compared with EUR 19.89 billion in the prior fiscal year. Nokia's next earnings report is scheduled for October 22, 2026, giving the market a defined date for testing order momentum, supply constraints and margin delivery.

Stock trades below prior close

Nokia stock was trading at EUR 9.59 at Lang & Schwarz on October 7, 2026 at 9:16 a.m. CEST, down 1.44 percent versus the prior close of EUR 9.73 at Lang & Schwarz on October 6, 2026. The Nasdaq Helsinki listing had a 52-week range of EUR 4.22 to EUR 15.00 as of October 6, 2026.

The further course of trading is shown by the continuously updated real-time quote of Nokia stock.