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 

Nokia does not deserve the roughly 50x multiples of optical pure plays like Ciena and Coherent, because it still carries large, shrinking legacy businesses in wireless, PON and routing. This rebuts Citron Research's case that comparisons with those peers make Nokia a $20 stock. 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 offers no quality, growth or value edge, so it fits no portfolio strategy despite its 76% year-to-date rally, and growth potential in its Network Infrastructure segment is relatively modest. x.com 

Nokia insiders were buying at $15, which makes $10-12 a great area to add. x.com 

Low forward earnings multiples across eleven stocks cannot persist indefinitely. Nvidia trades near 17.5x, its lowest in over a decade; Oracle near 15x, its lowest in six years. Uber is at 17x, Broadcom 19x, Vistra 15x, AppLovin 14.5x, TSMC 19x, Forgent Power Solutions 18x, Nokia 19.5x, American Express 17x and Western Digital 14x. x.com  x.com  x.com  x.com  x.com  x.com  x.com  x.com  x.com  x.com  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'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 

A $325K options bet implies Nokia trading 70% higher within the next 10 weeks. x.com 

A congressional purchase of $15,000-$50,000 in Nokia shares just three days before earnings looks unlikely to be coincidence. x.com