ASX:RRL 4 February 2026

June 28, 2026, 9:14 AM EDT. Shares of Nokia Corporation (NYSE:NOK) have received an average analyst recommendation of "Moderate Buy" from eighteen brokerage firms, according to Marketbeat Ratings. Out of these, twelve analysts issued buy ratings, four hold, and two sell. The consensus 12-month price target stands at $12.57. Recent upgrades from Argus, Arete Research, and Nordea highlight growing optimism. Nokia's collaboration with Google Cloud to incorporate Gemini AI into its network software aims to boost automation for telecom and cloud clients, underlining its expanding role in AI-driven network infrastructure. The company is also advancing public safety applications through a Finnish Border Guard counter-drone initiative. While some commentaries cautiously view Nokia as a possible tech comeback, fundamental drivers focus on its strategic partnerships with AWS, Google Cloud, and Databricks to strengthen autonomous telecom networks.