Nokia Oyj shares rose 5.46% during the regular session to close at $10.63 on Tuesday, with the stock adding another 4.15% in after-hours trading to reach $11.07. The upward movement precedes the company's scheduled release of its second-quarter and half-year 2026 financial report on Thursday. Nokia announced last week that it will publish the group-level results and outlook at approximately 8 a.m. Finnish time, while detailed segment-level data will be available in the complete report on its website.

In the last quarter reported in April, Nokia posted revenue of $5.26 billion, missing analyst estimates by 2.50%. Looking ahead to the upcoming report, JPMorgan maintained an Overweight rating on the stock in June, raising its price target to $21 from $14. Separately, Nokia announced a 5G expansion agreement with Taiwan Mobile to accelerate AI-native mobile network development across Taiwan, deploying its AirScale portfolio and AI-driven software solutions.

The Finland-based company has a market capitalization of $61.77 billion. Over the past 12 months, the stock has gained 138.34%. Nokia is currently trading near the middle of its 52-week range, sitting at 49.3% of the way between its 52-week low of $4 and 52-week high of $17.45. The Relative Strength Index (RSI) stands at 36.79.

Trading Metrics

Benzinga’s Edge Stock Rankings indicate that NOK holds a Momentum score in the 94th percentile. The analysis suggests the stock is experiencing short-term and medium-term consolidation while maintaining a long-term upward trend.

Nokia has signed a 5G expansion agreement with Taiwan Mobile to accelerate the evolution toward AI-native mobile networks across Taiwan. The partnership, announced on July 14, 2026, reinforces Nokia’s role as a long-term partner and supports Taiwan Mobile’s goals of enhancing network performance, automation, and sustainability. The agreement aims to enable new 5G services and monetization opportunities while addressing the increasing demands of AI traffic.

Under the agreement, Nokia will deploy its latest AirScale portfolio, including next-generation baseband and radio solutions, alongside advanced software capabilities. The deployment introduces a comprehensive set of AI-driven capabilities spanning network intelligence, infrastructure, sustainability, and resilience. These upgrades are designed to support enhanced throughput, improved spectrum efficiency, and the delivery of premium user experiences.

The collaboration leverages AI across four key areas. For network intelligence, Nokia will introduce AI-powered software enabling real-time automation and predictive analytics, including the Predictive Hardware Analytics (PHWA) service and MantaRay SON solution. In terms of infrastructure, next-generation baseband and advanced radio solutions will increase network capacity and uplink performance. AI for energy will utilize traffic-aware optimization for proactive power savings, while AI for GeoStrategy will enable self-healing and traffic steering to strengthen network resilience.

Key Partnership Components

The integration of AI-driven network management and automation solutions will enable predictive maintenance, reduce operational complexity, and lower the total cost of ownership. These capabilities will also support the introduction of new 5G features such as slicing and RedCap. Nokia’s energy-efficient hardware combined with AI-driven software is expected to help Taiwan Mobile reduce power consumption and meet its ESG targets.

Mark Atkinson, Head of RAN at Nokia, stated that the advanced radio and baseband solutions deliver intelligent automation and enhanced performance. Jamie Lin, President of Taiwan Mobile, highlighted that the collaboration is a key pillar in the company's strategy to build a high-performance, resilient, and sustainable network. The long-term partnership aims to accelerate Taiwan Mobile's leadership position in the AI era and unlock new growth opportunities.