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 PRESS RELEASE

Nokia Corporation - Managers' transactions (Heard)

Nokia Corporation - Managers' transactions (Heard) Nokia CorporationManagers’ transactions14 August 2025 at 15:00 EESTNokia Corporation - Managers' transactions (Heard)Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Heard, David Position: Other senior manager Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 118931/5/4____________________________________________ Transaction date: 2025-08-12Venue: NEW YORK STOCK EXC...

 PRESS RELEASE

Nokia Oyj - Johtohenkilöiden liiketoimet (Heard)

Nokia Oyj - Johtohenkilöiden liiketoimet (Heard) Nokia OyjJohtohenkilöiden liiketoimet14.8.2025 klo 15.00Nokia Oyj - Johtohenkilöiden liiketoimet (Heard)Markkinoiden väärinkäyttöasetuksen 19. artiklan mukainen ilmoitus liiketoimesta.____________________________________________IlmoitusvelvollinenNimi: Heard, David Asema: Muu ylin johto Liikkeeseenlaskija: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Ilmoituksen luonne: ENSIMMÄINEN ILMOITUSViitenumero: 118931/5/4____________________________________________ Liiketoimen päivämäärä: 2025-08-12Kauppapaikka: NEW YORK STOCK EXCHANGE (XNYS)Instrument...

 PRESS RELEASE

Nokia and MX Fiber extend Gigabit access across Southeast Mexico with ...

Nokia and MX Fiber extend Gigabit access across Southeast Mexico with ultra-high-scale optical network Press ReleaseNokia and MX Fiber extend Gigabit access across Southeast Mexico with ultra-high-scale optical network With seven new DWDM routes, MX Fiber will power major infrastructure projects like the Interoceanic Corridor and Maya Train, fueling economic growth across Southeastern Mexico.Nokia 1830 PSS optical backbone solution supports 10G/100G/200G/400G services and massive line capacity growth up to 2.4. Tb/s to support MX Fiber footprint expansion. 11 Aug 2025Espoo, Finland – Noki...

Pierre FerraguÊ
  • Pierre FerraguÊ

AMD GPUs, Cyber HW refresh, Arista, Auto cycle and more.

As always, during earnings season, we wrap-up what happened in the previous week. For our main takes summarized on a single slide, and a few words on each of the 34 names we followed last week, follow the link below.

Pierre FerraguÊ
  • Pierre FerraguÊ

Dojo cancelled – AMD must be rejoicing: If even Elon can’t do it, who...

Bloomberg reported overnight that Tesla is shutting down its Dojo supercomputer. See below for key facts and our take.

 PRESS RELEASE

Changes in Nokia Corporation's own shares

Changes in Nokia Corporation's own shares Nokia CorporationStock Exchange Release7 August 2025 at 14:30 EESTChanges in Nokia Corporation's own sharesEspoo, Finland – A total of 449 890 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the incentive plans as announced on 22 November 2024.The number of own shares he...

 PRESS RELEASE

Muutokset Nokia Oyj:n omien osakkeiden omistuksessa

Muutokset Nokia Oyj:n omien osakkeiden omistuksessa Nokia OyjPörssitiedote7.8.2025 klo 14.30Muutokset Nokia Oyj:n omien osakkeiden omistuksessaEspoo – Nokia on tänään luovuttanut 449 890 yhtiön hallussa ollutta Nokian osaketta (NOKIA) vastikkeetta suorituksena Nokian osakepohjaisiin kannustinohjelmiin osallistuneille henkilöille ohjelmien ehtojen mukaisesti. Osakkeiden luovutus perustuu 22.11.2024 julkistettuun hallituksen päätökseen yhtiön hallussa olevien osakkeiden antamisesta kannustinohjelmien mukaisten sitoumusten täyttämiseksi.Nokia Oyj:n hallussa olevien omien osakkeiden lukumäärä l...

Marc Hesselink ... (+3)
  • Marc Hesselink
  • CFA
  • Thymen Rundberg

ASML/Slower 2026, long-term intact/BUY

Despite a slower growth outlook for 2026 we remain positive on the ASML investment case. We believe that the long-term outlook for semiconductor capex remains strong. On top of that, we expect continued increases in litho intensity resulting in above-industry growth. The current valuation close to previous lows, the risk-reward is attractive in our view. We reiterate our BUY rating but slightly lower our target price from €825 to €800 per share.

Haidje Rustau
  • Haidje Rustau
Garvit Bhandari
  • Garvit Bhandari

US EV Charging Infrastructure Update - July 2025

This report provides the latest update on the US EV Charging Infrastructure. It contains information - about number of charging stations, number of charging ports, state-level information on EV Charging infrastructure as well as information on which company currently has the largest network of EV charging stations/ports in the United States.

 PRESS RELEASE

ProRail selects Nokia to modernize the Netherlands’ railway GSM-Railwa...

ProRail selects Nokia to modernize the Netherlands’ railway GSM-Railway core network Press ReleaseProRail selects Nokia to modernize the Netherlands’ railway GSM-Railway core network Upgrades will reduce downtime, cut long-term costs, and improve service reliability.The four-year project paves the way for on-premises cloud-native control for railway systems. 5 August 2025Espoo, Finland – Nokia today announced that it is working with ProRail, the organization responsible for the Netherlands' national railway network infrastructure, to deploy a cloud-native Global System for Mobile Commun...

 PRESS RELEASE

Nokia selected by Empyrion Digital to power KR1 Gangnam Data Center co...

Nokia selected by Empyrion Digital to power KR1 Gangnam Data Center connectivity Press ReleaseNokia selected by Empyrion Digital to power KR1 Gangnam Data Center connectivity Partnership will kick off in Korea Gangnam Data Center (GDC).Empyrion Digital will benefit from Nokia’s strong regional presence and robust supply chain to quickly and easily upgrade its data center network in several countries. Nokia’s industry-leading solution paves the way for automation and will help Empyrion Digital ensure more sustainable network operations. 5 August 2025 Seoul, South Korea – Nokia today anno...

Pierre FerraguÊ
  • Pierre FerraguÊ

AI capex & replatforming; semicap into 2026; Apple, Arm & more.

As always, during earnings season, we wrap-up what happened in the previous week. For our main takes summarized on a single slide, and a few words on each of the 34 names we followed last week, follow the link below.

Anish Jog ... (+5)
  • Anish Jog
  • Daniel Ives
  • Matthew Weiss
  • Sam Brandeis
  • Scott Devitt
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