Nokia stock gains as Rosenblatt starts coverage at Buy

Published on 09/15/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rosenblatt started coverage of Nokia stock at Buy with a USD 15 target on September 15, 2026. Nokia's Q2 2026 AI and Cloud orders reached EUR 2.8 billion.

Fotorealistischer 5G-Antennenmast mit Technikkorb vor blauem Himmel — Nokia Oyj (FI0009000681) 5G-Antennenmast in fotorealistischer Aufnahme zeigt moderne Netzwerkausrüster-Technologie im Sonnenlicht, Illustration mit AI erstellt.

Nokia stock (ISIN FI0009000681) is trading after Rosenblatt started coverage with a Buy rating and a USD 15 price target on September 15, 2026. The call added a fresh catalyst to a name that closed at EUR 8.59 on the Helsinki exchange on September 14, 2026, down 10.09 percent.

Rosenblatt turns to Nokia

According to Investing.com, Rosenblatt initiated Nokia with a Buy rating and a USD 15 target on September 15, 2026, arguing that the company's optical networking business benefits from AI infrastructure demand. The same report says the target implies 55 percent upside from a prior closing price of USD 9.65.

MarketBeat said on September 14, 2026 that Nokia had a consensus rating of Moderate Buy and an average price target of USD 13.83, with 12 Buy ratings, 3 Hold ratings and 2 Sell ratings. That leaves Rosenblatt above the consensus target by USD 1.17.

Q2 figures still matter

TradingKey reported on September 14, 2026 that Nokia's Q2 2026 Network Infrastructure revenue reached EUR 2.037 billion, up 12 percent year on year, while AI and Cloud customer revenue rose 103 percent to EUR 446 million. The same coverage said AI and Cloud orders reached EUR 2.8 billion in the quarter.

Those figures matter because they frame the stock's valuation debate: the company also guided for full-year 2026 comparable operating profit of EUR 2.1 billion to EUR 2.6 billion and said roughly half of the AI and Cloud orders should convert into revenue within 12 months.

Helsinki price stays weak

The Helsinki-listed shares closed at EUR 8.59 on September 14, 2026, with a daily decline of 10.09 percent. On the same session, the OMX Helsinki 25 index fell 2.72 percent, so Nokia underperformed the local market by 7.37 percentage points.