Nokia Shares Rise in Overnight Trading on EURO STOXX 50 Inclusion and AI Momentum
Yahoo Finance ·
Nokia Corp. shares advanced nearly 1% in overnight trading as the Finnish technology firm prepares to join the EURO STOXX 50 index on Monday. This inclusion is expected to trigger passive buying from Eurozone index funds and lift U.S.-listed share prices. Recently, Nokia expanded its partnership with Microsoft Corp. to build an agentic, unified data foundation for telecom network automation using Microsoft Fabric and the Nokia Data Suite. Following these developments, B. Riley initiated coverage with a Buy rating and a $15 price target, representing over 40% upside from Friday's close. The firm highlighted Nokia's EUR 2.8 billion AI and cloud order intake in the second quarter, providing strong visibility into 2027 amid the AI data center supercycle. Rosenblatt also noted potential benefits from high-speed data transmission demand. Retail sentiment on Stocktwits remained bullish ahead of the third-quarter earnings report scheduled for October 22. Year-to-date, U.S.-listed shares have gained about 64%, while Helsinki-listed shares are up over 69% in 2026.
AI 시장 분석
Nokia (NOK) rose about 1% in after-hours trading, driven by its inclusion in the EURO STOXX 50 index and the expansion of its partnership with Microsoft. B.Riley initiated coverage with a Buy rating and a $15 price target, suggesting over 40% upside potential. This positive momentum is based on passive fund inflows and increased orders in the AI and cloud sectors.
상승 영향
- Telecommunications Equipment — Earnings growth expectations are rising due to passive fund inflows from Nokia's EURO STOXX 50 index inclusion and the expansion of AI network automation business through Microsoft collaboration.
- AI — Benefiting from the AI data center supercycle, it recorded EUR 2.8 billion in orders from the AI and cloud sector in Q2, securing strong revenue visibility through 2027.
DYAX 전담 분석
Inclusion in the Eurozone's benchmark index triggers mandatory capital inflows from passive funds, directly increasing upward pressure on Nokia's stock price. In particular, AI network automation through collaboration with Microsoft and a EUR 2.8 billion order intake in AI and cloud segments during Q2 provide strong earnings visibility through 2027.
In a bullish scenario, continuous inflows of institutional and passive funds could drive over 40% additional upside, while in a bearish scenario, supply-demand momentum could slow down if tech stocks undergo a correction due to macroeconomic uncertainty. Investors should closely monitor the Q3 earnings release scheduled for October 22 and institutional buying trends.
AI가 생성한 분석으로 투자 자문이 아닙니다.
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