Nokia stock heads toward October 22 results after Inseego deal
Published on 10/04/2026 at 15:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Nokia stock (ISIN FI0009000681) was last at EUR 9.41 on Nasdaq Helsinki on October 2, 2026, up 2.37 percent at 6:29 p.m. EET/EEST. The company is heading toward its October 22 results after portfolio moves that include the transfer of its fixed wireless access business to Inseego.
Inseego deal reshapes the portfolio
As AktienCheck reported on October 3, 2026, Inseego completed its acquisition of Nokia's Fixed Wireless Access business. Nokia received roughly 1.9 million Inseego shares, equal to an ownership stake of about 11 percent, plus warrants for up to 0.8 million additional shares.
The transaction also requires Nokia to provide Inseego with USD 10 million for engineering investment by October 15, 2026. Nokia is using the portfolio change while building exposure to cloud infrastructure, AI networking and satellite communications.
Q2 profit rose despite restructuring
Nokia's Q2 2026 net sales reached EUR 4.815 billion, up 8 percent from the year-earlier period, while comparable operating profit increased 18 percent to EUR 434 million. The comparable operating margin was 9.0 percent, compared with 8.3 percent in Q2 2025, according to MetaTrader.
The reported picture was more difficult: operating result was negative EUR 50 million after EUR 390 million of restructuring charges. Nokia maintained its full-year comparable operating profit guidance of EUR 2.1 billion to EUR 2.6 billion, giving the October report a clear test of second-half execution.
Analysts see further upside
MarketBeat reports a Moderate Buy consensus from 19 analysts covering Nokia ADRs. The average twelve-month target is USD 14.12, with a high of USD 21.00 and a low of USD 6.57.
B. Riley initiated coverage on September 17, 2026, with a Buy rating and a USD 15 price target, according to MarketScreener. The bullish case depends on converting AI and cloud orders into revenue, while restructuring costs and supply constraints remain material variables for the next quarterly update.
October 22 sets the next checkpoint
Nokia will publish its Q3 2026 and January-to-September results on October 22, 2026, before the US market opens, according to MarketBeat. Management has indicated sequential Q3 sales growth of 3 percent to 7 percent and comparable operating profit broadly in line with Q2, putting the focus on order conversion and the expected improvement in Q4.
Nokia stock gains on October 2
Nokia stock was last at EUR 9.41 on Nasdaq Helsinki on October 2, 2026, with a daily gain of 2.37 percent. The primary listing is Nokia's Finnish share line; the analyst targets above refer to its separate US ADR quotation.
Nokia stock key facts
- Company: Nokia Oyj
- ISIN: FI0009000681
- Ticker: NOK
- Trading venue: Nasdaq Helsinki
- Price (as of October 2, 2026, 6:29 p.m. EET/EEST): EUR 9.41, last price
- Sector / Industry: Technology / Communication Equipment
Upcoming dates for Nokia stock
- October 22, 2026: Q3 and January-to-September 2026 results
