Nokia Oyj (NOK) Q4 2024 Earnings Conference Call Transcript
Nokia Oyj (NYSE:NOK ) Q4 2024 Earnings Conference Call January 30, 2025 4:30 AM ET Company Participants David Mulholland - Head of IR Pekka Lundmark - President and CEO Marco Wiren - CFO Conference Call Participants Joachim Gunell - DNB Markets Simon Leopold - Raymond James Artem Beletski - SEB Enskilda Sami Sarkamies - Danske Bank Sandeep Deshpande - J.P. Morgan Daniel Djurberg - Handelsbanken Ulrich Rathe - Bernstein Rob Sanders - Deutsche Bank Felix Henriksson - Nordea David Mulholland Good morning, ladies and gentlemen.
Nokia: Potentially Underestimated In 2025
Nokia's stock might be undervalued with potential for growth due to new deals and partnerships in AI and 5G, making it a cautious Buy for 2025. Despite stagnant revenue and recent declines, Nokia's improving gross margins and strong cash flows suggest a financial turnaround is possible. The stock's extremely low valuation compared to sector medians presents a favorable risk-reward profile, with potential for significant price appreciation.
Buy, Sell, Or Hold Nokia Stock?
Nokia stock (NYSE: NOK) has outperformed since the beginning of 2024, increasing by about 37% (Jan. 14) since January 2024 compared to the broader S&P 500 which gained about 22% over the same period. Similarly, Nokia's peer Ericsson stock (NASDAQ: ERIC) is also up 36% during the same period.
Nokia Inks Patent License Agreement With Samsung: Stock to Gain?
Through the newly signed patent license agreement, Samsung will utilize NOK's robust video and multimedia technologies across its televisions.
Nokia Optical Network to Connect Offshore Wind Farms: Stock to Gain?
NOK???s 1830 PSS DWDM solution offers a resilient future-ready optical network connecting the offshore sites to TenneT's onshore assets.
Nokia signs multi-year patent license agreement with Samsung
Finland's Nokia said on Wednesday it had signed a multi-year patent license agreement with Samsung , for the use of Nokia's video technologies in the South Korean company's televisions.
NOK Boosts Openreach Network With Advanced Solutions: Stock to Gain?
Nokia is set to support Openreach's Fiber Network Expansion with a state-of-the-art Altiplano and Network Services Platform.
Nokia named a 2025 top pick at Northland
Northland analyst Tim Savageaux "once again" makes Nokia (NOK) a top pick in the firm's Communications Tech universe for 2025 after "a respectable 30%+ return in CY24," the analyst tells investors. Cloud providers accounted for over 40% of Infinera (INFN) revenue in Q3, which was a greater share than Ciena's (CIEN), notes the analyst, who sees Nokia's post deal $3.5B Optical unit valued at over $10B on a comparable basis. The firm. which sees the potential for "a significant positive rerating of the shares" in 2025, maintains an Outperform rating and $6.50 price target on Nokia. Nokia +0.07 (+1.54%) Infinera +0.035 (+0.53%) Ciena -2.64 (-3.12%)
Will NOK's Non-Core Submarine Business Divestment Aid the Stock?
Nokia completes the divestiture of its ASN submarine networks business to the French State to focus on core business growth.
NOK Unveils Network Solution for Gaming Applications: Stock to Gain?
Nokia and e& UAE showcase the world's first fixed end-to-end network slicing solution to enhance end-user experiences for premium services.
Nokia Deploys Europe's First 5G Standalone RAN Network: Stock to Gain?
NOK partners with EOLO to deploy Europe's first 5G standalone mmWave Radio Access Network in Italy.
Nokia Wins Two-Year 5G Deal Extension From Indosat: Stock to Gain?
NOK announces a two-year deal extension from Indosat to strengthen the latter's core network in Indonesia.
