Nokia Insiders Buy at EUR 7.63 While BofA Keeps Its EUR 13.50 Target
Published on 11/15/2026 at 14:41 | Editorial boerse-global.de
Seven Nokia executives picked up shares in the company on Thursday at EUR 7.6301 apiece, a disclosure Nokia published the following day. Raghav Sahgal took 2,590 shares and David Heard bought 1,139, with purchases also logged for Louise Fisk, Victoria Hanrahan, Pallavi Mahajan, Konstanty Owczarek and Stephan Prosi.
Separate from those open-market buys, Nokia transferred roughly 847,000 treasury shares free of charge on Monday to participants in its share-based compensation programmes. Following that handover, the company still held about 80.3 million of its own shares. Nokia shares shed 1.8% on Friday; the company did not link the move to any of the reported transactions.
Bank of America Sticks With Buy Rating
Bank of America reaffirmed its buy recommendation on Nokia on Thursday after a round of investor meetings, keeping a EUR 13.50 price target. The analyst's case rests on two planks: the company's growth ambition in Optical & IP Networks and the start-up of production at its San Jose plant.
Should investors sell immediately? Or is it worth buying Nokia?
That optical target — expansion of 25–30% in 2027 — is a company goal rather than a record of gains already booked, the analyst stressed. The indium phosphide fab in San Jose, meanwhile, remains on schedule and is due to begin output by the end of 2026, a timeline the analyst reconfirmed after the conversations.
One New Zealand Taps Nokia for Autonomous Networks
On the operational front, One New Zealand selected Nokia's Assurance Center and Autonomous Networks Data Suite on Wednesday. The carrier is broadening a programme aimed at autonomous networks and AI-driven operations. Nokia is also contributing joint research and development work as well as consulting services under the arrangement.
Nokia Federal Solutions, for its part, landed a RAPID award from the US Department of Defense, announced Friday. The brief covers development and demonstration of integrated sensing and communications for object detection and tracking, built on 5G and future 6G infrastructure and running on Nokia's AI-powered radio access platform. Nokia did not disclose the contract's value.
Completing the week, Nokia unveiled a EUR 1.5 million donation to Aalto University on Thursday. The company intends to continue and deepen its research partnership with the institution, spanning artificial intelligence, 6G, smart and resilient networks, and semiconductors.
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Nokia Stock: New Analysis - 15 November
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