Nokia Corporation (NYSE:NOK) stock rose nearly 2% on Monday as the company returned to the EURO STOXX 50 index and investors focused on its growing artificial intelligence exposure. 69%.
Nokia officially rejoined the EURO STOXX 50 on Monday. Meanwhile, Nokia continues to build its AI and cloud presence.
The company is expanding its collaboration with Microsoft Corporation (NASDAQ:MSFT), combining Nokia Data Suite with Microsoft Fabric to give telecom operators faster access to network data for AI-driven operations. The developments come as analysts turn more constructive.
B. Riley Securities initiated coverage with a Buy rating and $15 price target on Sept.
17. Rosenblatt also started coverage with a Buy rating and $15 target on Sept.
15, citing opportunities tied to high-speed optical connectivity. Technical Analysis Nokia remains in a constructive longer-term trend.
82. Its 50-day SMA also remains above the 200-day SMA, maintaining the bullish "golden cross" that emerged in October 2025.
02. That puts the $12 area in focus if the stock extends its gains.
94, signaling neutral momentum. 11.
50. 50.
B. Riley Securities initiated coverage with a Buy rating and $15 price target on Sept.
17. Rosenblatt also started coverage with a Buy rating and $15 target on Sept.
15. JPMorgan maintained an Overweight rating in June and raised its price target to $21.
58, indicating strong relative price performance. 77.
Investors can track Nokia and other stocks using the Benzinga Edge scorecard. 15% weighting in Nokia.
86 at the time of publication Monday, according to Benzinga Pro data.
