Is Nokia a Buy, Sell, or Hold in 2026?
2026-02-21 07:49:00 ET
I owned Nokia (NYSE: NOK) stock fairly recently. After holding the Finnish mobile communications equipment specialist's shares for about four years, I cashed in that modest position in July 2024 for a total return of 12.5%. The S&P 500 (SNPINDEX: ^GSPC) index scored a total return of 68.6% over the same period, and I didn't see any catalysts that would turn Nokia's underperformance around.
That was a mistake. Nokia continued to struggle for about another year but sprang to life in fall 2025. As of Feb. 19, Nokia has posted a 97.7% total return since I sold my shares. The S&P 500? A 24.7% gain.
At this point, I would be beating the market by the skin of my teeth from November 2020 to February 2026.
NASDAQ: NOK
NOK Trading
-0.39% G/L:
$7.745 Last:
20,645,920 Volume:
$7.635 Open:
