Nokia CorporationNOA3
▲ PositiveCapitalrelevance
Analyst valuation and strong Q2 results imply undervaluation.

Nokia Oyj stock is drawing attention after second quarter 2026 results and third quarter guidance that assumes a 3% to 7% quarter-on-quarter rise in net sales. The most followed narrative on Simply Wall St places fair value at €15.16 per share, well above the recent price of €8.10, implying the stock is 47% undervalued. Nokia reported revenue of €4.815 billion and earnings per share of €0.07, supported by growing demand for AI and cloud-related solutions. The company is also expanding in the defense sector through AI-powered tools for 5G networks. A separate Simply Wall St discounted cash flow model values the stock at €11.66, also above the current price.
Nokia CorporationAnalyst valuation and strong Q2 results imply undervaluation.