Nokia Corporation (NYSE:NOK) shares are up almost 1% during Wednesday’s premarket session as traders react to the industry’s first AI-native RAN platform announcement, with S&P 500 futures up 0.2% in early trading.
AI-Native RAN Platform Announcement
Nokia disclosed the industry’s first commercial AI-RAN platform, enabling operators to move toward AI-native networks.
The platform combines Nokia’s AI-native anyRAN software with NVIDIA Corporation‘s (NASDAQ:NVDA) Aerial AI-RAN technology.
AI-RAN solutions are slated to enter pilot deployments at the end of this year, with commercial availability targeted for 2027.
It is expected to deliver over 100% improvements in spectral efficiency by 2028, effectively doubling capacity from existing spectrum.
Nokia’s anyRAN software will support three new accelerated computing baseband platforms, while its broader portfolio will remain fully O-RAN compliant, allowing operators to upgrade networks at their preferred pace.
5G Deal Expansion in Taiwan
On Tuesday, the company expanded its 5G partnership with Taiwan Mobile, focused on pushing AI-powered network capabilities.
Nokia will deploy its latest AirScale baseband and radio solutions, along with AI-powered software, to modernize Taiwan Mobile’s 5G network across Taiwan.
Nokia Earnings Preview: July 2026 Expectations
The countdown is on: Nokia Corporation is set to report earnings on July 23, 2026 (confirmed).
- EPS Estimate: 7 cents (Up from 4 cents YoY)
- Revenue Estimate: $5.59 Billion (Up from $5.15 Billion YoY)
- Valuation: P/E of 73.4x (Indicates premium valuation relative to peers)
Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $14.67. Recent analyst moves include:
- JP Morgan: Overweight (Raises Target to $21.00) (June 12)
- Argus Research: Upgraded to Buy (Target $15.00) (April 27)
- Morgan Stanley: Initiated with Overweight (Target $8.00) (Feb. 9)
Nokia’s Benzinga Edge Rankings Breakdown
Below is the Benzinga Edge scorecard for Nokia, highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Bullish (Score: 96.06) — The stock has been outperforming on a trend basis, even if the near-term chart is in a pullback.
- Quality: Strong (Score: 70.52) — The score suggests a relatively solid fundamental profile versus the broader market.
- Value: Neutral (Score: 48.05) — Not a clear bargain on this framework, which lines up with the stock’s premium P/E.
- Growth: Neutral (Score: 67.43) — Growth factors screen as decent, but not in the very top tier.
The Verdict: Nokia’s Benzinga Edge signal reveals a momentum-led profile with supportive quality, while value screens closer to the middle of the pack. For longer-term bulls, the key question is whether the stock can rebuild the short-term trend (back toward the 20-day/50-day averages) without losing the $10.00 support zone.
NOK Price Action: Nokia shares were up 1.03% at $11.82 during premarket trading on Wednesday, according to Benzinga Pro data.
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