On September 21, Nokia Oyj rose 3.09% in pre-market trading, trading at $11.01/share, with turnover of $9.25 million. The stock continued its upward momentum driven by a series of positive catalysts from the prior week.

Nokia recently announced an expanded partnership with Microsoft, integrating its Nokia Data Suite with the Microsoft Fabric platform to build an AI-driven, agentic network automation solution for telecom operators. The collaboration enables operators to access trusted network data in minutes rather than weeks, significantly accelerating AI application deployment. Initial use cases include VoNR autonomous network assurance and closed-loop operations powered by AI agents.

Separately, B. Riley initiated coverage of Nokia with a Buy rating and a $15 price target, notably above the analyst consensus of $13.10. Rosenblatt also initiated at Buy. JPMorgan analyst Sandeep Deshpande maintained a Buy rating with a $21 target. Additionally, Nokia disclosed accelerating global commercialization of its AI-RAN technology on NVIDIA Aerial platforms, with operators across North America, Europe, Asia-Pacific, and the Middle East advancing from evaluation to field trials, achieving over 20% spectrum efficiency gains.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)