NOK is trading 6.5% up at $10.50 after reporting a 54% surge in Q1 2026 comparable operating profit to €281 million, significantly exceeding analyst estimates.
- Comparable net sales grew 4% year-over-year to approximately €4.5 billion, driven by strong demand for AI infrastructure.
- This earnings beat reverses a 5.53% decline from April 22, when investors were cautious and analysts had downgraded the stock citing limited upside after a recent rally.