Nokia remains bullish on its weekly and monthly charts, backed by price action and whale momentum. The uptrend stays intact as long as it keeps closing above the key $7.77 momentum level, with resistance at $8.20-8.40. x.com
Danny cheng
Technology Investor, Homily Charts & Technical Analysis
Nokia's chart and buying volume point to real bullish potential. It is trading its largest-ever dollar buy volume this month, only four sessions in, after clean 15-minute accumulation patterns. On the six-month chart, price is moving to reclaim support from the early 2000s at $10.75-$13.25, and it is trading above its anchored VWAP in a bullish trend for the first time in nearly two decades. x.com
Nokia's Q3 revenue and earnings beat despite the selloff makes it one of the most compelling buying opportunities in the market right now. Shares are back at $7.88, nearly 55% below their $17.45 high, after Nvidia invested $1 billion at $6.01 per share in October 2025. x.com
Nokia's expected 2028 earnings do not make the stock particularly attractive at today's multiple. Even assuming EUR3.5bn of operating profit and a 17x multiple, the implied value is about $12.40, leaving the thesis dependent on multiple expansion. Datacenter and optical progress is good, but more growth in satellite communications and subsea would strengthen the case. x.com x.com x.com
A $325K options bet implies Nokia trading 70% higher within the next 10 weeks. x.com
Nokia has been gaining attention, with a near-term target around $11.50 and longer-term targets around $13, then $15-16. x.com x.com
Nokia looks expensive at $10.78, trading at 19x cash earnings and 18x next year's versus the 11x its industry usually gets. A $5.93-$7.55 fair-value range means paying 43% over the top of fair. These are valuation levels from reported earnings and revenue estimates, not fundamental work. x.com
Nokia's agentic-AI work with Nvidia adds another bullish development to its network-automation case. Nokia says their models and network intelligence help operators act on insights while keeping control of sensitive data. L&T Technology Services also announced engineering and R&D work with Nokia in India; after strong Q3 results, the shares still look ridiculously priced. x.com x.com
Nokia should keep re-rating higher because derivatives flow remains strong even after profit-taking. The stock bounced off support at 14.6 after a pullback from the 16s, where it had been heavily promoted, so some profit-taking was expected. x.com
Nokia looks overhyped for now, and a weak Q3 could bring a short-term pullback despite a bright long-term setup. Management said Q3 will be flat because high-margin software revenue was pulled into Q2, and restructuring charges of €390M still weigh. AI and cloud revenue rose 105%, with €2.8B of binding Q2 orders, but memory and optical supply limits are capping growth. Q4 needs to confirm the thesis before buying, likely toward year-end. x.com x.com x.com
Nokia is a buy on the dip, with AI and data center sales up 105% last quarter. At $9 it is a $13 stock. For investors under 55, this dip is a generational opportunity to buy great companies at a discount; real wealth comes from buying weeks like this, not all-time highs. x.com