Nokia: Oddo BHF raises target price
(CercleFinance.com) - Oddo BHF maintains its 'neutral' rating on Nokia shares, with a price target raised from E3.
3 to E4.4, due to an increase in its 2026/27 forecasts and a rise in comparable multiples.
2025 could be a good year for Nokia, driven by growth in Network Infrastructure (IP, fixed and optical), while Mobile Network will remain stable in a market that has stabilised, the analyst says.
Oddo BHF also reports that, by 2026, the Group still aims to 'outperform the market', and to achieve an OM of 13%, which is fairly well integrated by the 12.6% consensus.
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The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
3 to E4.4, due to an increase in its 2026/27 forecasts and a rise in comparable multiples.
2025 could be a good year for Nokia, driven by growth in Network Infrastructure (IP, fixed and optical), while Mobile Network will remain stable in a market that has stabilised, the analyst says.
Oddo BHF also reports that, by 2026, the Group still aims to 'outperform the market', and to achieve an OM of 13%, which is fairly well integrated by the 12.6% consensus.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.