Nokia Price Target Hiked 50% with €1B AI Orders and Nvidia 6G Tie-Up
NOK•JPMorgan raised Nokia’s price target to $21 from $14, pointing to €1 billion in cloud and AI optical orders and forecasting accelerating orders through 2026. Another analyst favors Nokia’s communications infrastructure, citing a Nvidia partnership on 6G and explosive AI-driven traffic growth.
1. JPMorgan Boosts Price Target
JPMorgan more than doubled Nokia’s price target to $21 from $14, maintaining an overweight rating and highlighting the company’s strong optical networks product lineup. This revision implies roughly 50% upside from the stock’s last closing price.
2. Cloud and AI Optical Orders Surge
Nokia has secured €1 billion in cloud and artificial intelligence orders for its optical networks business, supported by its own indium phosphide fabrication capacity and packaging capabilities. Management projects order acceleration through 2026 and into 2027 as hyperscaler demand intensifies.
3. Nvidia 6G Partnership and Analyst Preference
A separate analyst recommended Nokia over the upcoming SpaceX IPO, citing its communications infrastructure strength and a partnership with Nvidia on 6G technology. This collaboration is expected to position Nokia for explosive growth in AI-driven internet traffic.
