On July 21, Nokia rose 3.58% in pre-market trading, trading at $10.44/share, with turnover of $1.0122 million.
On the news front, the communication equipment sector saw a collective rebound following Nokia's approximately 19.5% cumulative decline the prior week. Meanwhile, Nokia recently launched the industry's first commercial AI-RAN platform in partnership with NVIDIA, built on AI-native network architecture and accelerated computing. The platform has demonstrated more than 20% gains in spectral efficiency, targeting 50% by 2027 and over 100% by 2028. It will enter pilot deployments later this year and become commercially available in 2027 through a subscription-based software model enabling network upgrades without hardware refreshes, supporting 4G, 5G, and future 6G networks.
Additionally, Nokia is scheduled to release its Q2 earnings report on July 23, with consensus EPS expected at $0.07, continuing a year-over-year improvement trend. Last quarter, Nokia reported revenue of $5.266 billion, up 13.98% year-over-year, with gross margin at 45.50%.
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