NOK — Nokia Corporation Sponsored American Depositary Shares
Session close: $8.64. Regular-session share volume: 68,392,587. Change from previous close: +6.14%.
Key developments
Goldman Sachs raised its Nokia price target during the session, citing strong artificial-intelligence-related momentum. That offers a favorable analyst assessment, although the bank retained its Neutral rating rather than upgrading the shares.
Goldman Sachs Adjusts Nokia Price Target
The same analyst update flagged softness in quarterly order intake, tempering the positive assessment of Nokia’s artificial-intelligence opportunities.
Goldman Sachs Adjusts Nokia Price Target
Ahead of the session, Nokia’s engineering collaboration with L&T Technology Services was reported. The agreement covers research and development in India, including software development, system integration and product support. A planned dedicated center will support data-center-grade computing and artificial-intelligence infrastructure engineering for Nokia’s telecommunications needs. Financial terms were not disclosed, limiting assessment of the contract’s financial significance.
Nokia Retains L&T Technology Services for Five-Year R&D Support Contract in India · L&T Technology Services and Nokia Forge Engineering Collaboration