Nokia stock slides 6% after 2026 profit outlook rattles investors despite Q4 beat
Helsinki, Jan 29, 2026, 12:18 EET — Regular session Nokia Oyj (NOKIA.HE) shares fell roughly 6% on Thursday, erasing earlier gains as investors digested a cautious profit forecast for 2026 despite a quarter that mostly met expectations. The stock changed hands near 5.34 euros in Helsinki, while Nokia’s U.S.-listed ADR slipped 1.7% to $6.82 in premarket trading. (Investing.com) The reaction is crucial as telecom gear makers push to prove they can expand despite mobile operators holding back on spending. For Nokia, the immediate challenge is whether demand from data centres and AI can make up for patchy carrier orders—without draining