NOKIA Stock: Strong Progress Over the Week Following Better-than-Expected Quarterly Results
The week saw a significant bullish movement in Nokia's stock, driven by the release of its third-quarter results. The company exceeded market expectations, with its earnings per share and sector growth drawing particular attention. In this context, the stock significantly outperformed the main benchmark stock indices.
Weekly Performance Highlights
At the close of October 24, 2025, Nokia's stock ended at €5.33. Over the past five sessions, the stock has risen by 9.05%, far exceeding the weekly performance of the CAC 40 (+0.45%) and the SBF 120 (+0.53%). This increase brings the stock's annual performance to 22.55%, highlighting a solid dynamic over twelve months. During the session, trading volumes were particularly high, with more than 49 million shares traded on October 23, reflecting a renewed interest in the stock following the announcement of the results. Throughout this period, the price ranged from €4.73 to €5.33, clearly surpassing its average levels of recent months. Investors responded to the publication of favorable quarterly results, bringing the stock close to its recent high levels. This weekly progression is part of a favorable sectoral context for the telecommunications group, linked to the ramp-up of digital infrastructure technologies.
Key Quarterly Financials Released
During the week, the release of the third-quarter 2025 financial report was the central event. Nokia announced a 12% increase in its net sales to €4.82 billion, surpassing analyst consensus. The optical networks segment, which grew by 19%, was particularly notable this quarter. Earnings per share were €0.06, also above expectations, while profit outlook for the current fiscal year was revised upwards to between €1.7 billion and €2.2 billion. The management highlighted a dynamic commercial environment, driven by demand for cloud infrastructure and network solutions. These results fueled a buying trend throughout the week. Following the release, several analysts adjusted their recommendations on the stock. Kepler Cheuvreux notably raised its price target to €5. The market thus focused on the group's ability to capture growth in the network sector, driven by new uses around 5G and artificial intelligence.
Technical Analysis and Market Position
Technically, the stock is now clearly above its short-term (50 days) and long-term (200 days) moving averages, which are positioned at €4.11 and €4.37 respectively. After the dynamism observed this week, the price has reached the upper boundary of its Bollinger Bands at €5.31, flirting with a technical resistance zone around €5.33. The RSI indicator, at 87, indicates a marked overbought condition, while the monthly volatility stands at 11.25%. The MACD remains in positive territory, confirming the observed trend. The recent evolution of the stock is in a context where oscillators signal a particularly vigorous dynamic. However, the immediate proximity of technical resistance calls for careful reading of the upcoming sessions.
