Most people still associate Nokia with mobile phones. 📱 That business was sold to Microsoft over a decade ago.
Nokia today is a pure play on AI network infrastructure, optical networking, and secure communications and the market is finally waking up to what this company has become. 🔥 Up 119% year to date.
Pulling back. Two daily demand zones printed. This is the entry. 📊
Q1 2026 results beat expectations on every metric. 🏆 Net sales grew 4% to EUR 4.5 billion. Operating profit beat consensus by approximately 11%. 💰
Gross margin expanded 320 basis points. Operating margin expanded 200 basis points. Free cash flow hit EUR 629 million in a single quarter. 💪
AI and Cloud segment net sales surged 49% year over year, now representing 8% of total group revenue, with EUR 1 billion in new orders received in the quarter alone. 🤖
Book to bill was above 1 at the group level and well above 1 in Network Infrastructure. ⚡
Nokia raised its full year 2026 Network Infrastructure growth guidance to 12% to 14%, up from 6% to 8%. 📈
Optical and IP Networks combined guidance was raised to 18% to 20% growth, up from 10% to 12%. Nokia also raised its AI and Cloud addressable market CAGR estimate to 27% from 2025 to 2028, up from a prior estimate of 16%. 🎯
Management described the AI network opportunity as a multi year structural shift with hyperscaler capex expectations rising and longer lead times becoming normal. 🌐
Nokia opened its AI Networking Innovation Lab in Sunnyvale, California, with AMD, Lenovo, Supermicro, Keysight Technologies, Viavi Solutions and Weka as launch partners. 🏭 The lab is focused on AI native networking, switching, telemetry and automation for AI training and inference workloads. 🧠
Argus Research upgraded Nokia on 27 April 2026 with a price target of $15.00. 🐂 Nokia holds EUR 3.8 billion in net cash. 💵 The 52 week range sits between $4.00 and $16.63.
Next earnings are due 23 July 2026. 📅
The daily chart has pulled back from the 52 week high into two clean demand zones. ✅ Two entries. Two defined risk levels. One directional thesis. 📊
🟢 Zone 1 (Upper Entry) ~ $14.14 area (Daily)
💰 Entry: $14.14
🛑 Stop: $13.01 (7.992% below entry)
🎯 Target: $21.92 (55% upside from entry)
📈 Risk/Reward Ratio: 6.88
🟢 Zone 2 (Lower Entry) ~ $12.40 area (0.236 Fibonacci Daily)
💰 Entry: $12.40
🛑 Stop: $11.27 (9.113% below entry)
🎯 Target: $21.92 (76.8% upside from entry)
📈 Risk/Reward Ratio: 8.42
📅 Next Earnings: 23 July 2026
💵 Net Cash: EUR 3.8 billion
📈 YTD Performance: up 119%
🌍 52 Week Range: $4.00 to $16.63
From phones to AI networks. 🤖 119% YTD and still raising guidance.
📈 Two daily zones. Let price come to the level and let the trade do the work. 🚀
⚠️ Not financial advice. Manage your risk.
Nokia today is a pure play on AI network infrastructure, optical networking, and secure communications and the market is finally waking up to what this company has become. 🔥 Up 119% year to date.
Pulling back. Two daily demand zones printed. This is the entry. 📊
Q1 2026 results beat expectations on every metric. 🏆 Net sales grew 4% to EUR 4.5 billion. Operating profit beat consensus by approximately 11%. 💰
Gross margin expanded 320 basis points. Operating margin expanded 200 basis points. Free cash flow hit EUR 629 million in a single quarter. 💪
AI and Cloud segment net sales surged 49% year over year, now representing 8% of total group revenue, with EUR 1 billion in new orders received in the quarter alone. 🤖
Book to bill was above 1 at the group level and well above 1 in Network Infrastructure. ⚡
Nokia raised its full year 2026 Network Infrastructure growth guidance to 12% to 14%, up from 6% to 8%. 📈
Optical and IP Networks combined guidance was raised to 18% to 20% growth, up from 10% to 12%. Nokia also raised its AI and Cloud addressable market CAGR estimate to 27% from 2025 to 2028, up from a prior estimate of 16%. 🎯
Management described the AI network opportunity as a multi year structural shift with hyperscaler capex expectations rising and longer lead times becoming normal. 🌐
Nokia opened its AI Networking Innovation Lab in Sunnyvale, California, with AMD, Lenovo, Supermicro, Keysight Technologies, Viavi Solutions and Weka as launch partners. 🏭 The lab is focused on AI native networking, switching, telemetry and automation for AI training and inference workloads. 🧠
Argus Research upgraded Nokia on 27 April 2026 with a price target of $15.00. 🐂 Nokia holds EUR 3.8 billion in net cash. 💵 The 52 week range sits between $4.00 and $16.63.
Next earnings are due 23 July 2026. 📅
The daily chart has pulled back from the 52 week high into two clean demand zones. ✅ Two entries. Two defined risk levels. One directional thesis. 📊
🟢 Zone 1 (Upper Entry) ~ $14.14 area (Daily)
💰 Entry: $14.14
🛑 Stop: $13.01 (7.992% below entry)
🎯 Target: $21.92 (55% upside from entry)
📈 Risk/Reward Ratio: 6.88
🟢 Zone 2 (Lower Entry) ~ $12.40 area (0.236 Fibonacci Daily)
💰 Entry: $12.40
🛑 Stop: $11.27 (9.113% below entry)
🎯 Target: $21.92 (76.8% upside from entry)
📈 Risk/Reward Ratio: 8.42
📅 Next Earnings: 23 July 2026
💵 Net Cash: EUR 3.8 billion
📈 YTD Performance: up 119%
🌍 52 Week Range: $4.00 to $16.63
From phones to AI networks. 🤖 119% YTD and still raising guidance.
📈 Two daily zones. Let price come to the level and let the trade do the work. 🚀
⚠️ Not financial advice. Manage your risk.
Trade active
Congrats to those who got in! Trade is now running with virtually zero Drawdown! Looking to take partials around 17.50 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.