Nokia Oyj (NOK) Reboots for the AI Supercycle: New Strategy, 2028 Profit Target and Deep Restructuring Shake Markets
On 19 November 2025, Nokia Oyj used its long-awaited Capital Markets Day in New York to unveil a sweeping AI‑centric strategy, a new 2028 profit target and a major overhaul of its operating model — and investors immediately weighed in. The company is promising a step‑change in profitability and tighter focus on AI infrastructure, but Nokia’s shares fell sharply as markets digested the details. Nokia Corporation | Nokia+2Reuters+2 By late afternoon in Helsinki, Nokia’s stock was down around 7.8% at about €5.21, while the New York‑listed ADRs traded near $6.07, off roughly 8.6% on the day, according to the company’s