Nokia Soars 22.8% on Earnings Beat
$Nokia Oyj(NOK)$
$7.77 (+22.84%): Earnings surprise fuels breakout; RSI near overbought zone
Market Recap (as of Oct 28, 2025):
Nokia surged +22.84% to $7.77, its strongest single-day gain since 2022, after quarterly results beat expectations on margins and North American 5G contract wins.
The stock briefly touched an intraday high of $8.19, closing just below the session’s peak.
Trading volume spiked to 364.79M, more than 10× the 30-day average (31.19M) — indicating aggressive institutional repositioning post-earnings.
Technical Indicators Analysis:
Momentum signals remain constructive but slightly overheated. RSI(14) ≈ 80.49, nearing overbought; MACD is positive with widening histogram bars; EMA20/EMA50 crossover confirms a short-term bullish reversal.
Minor resistance lies at $8.05–$8.20, followed by major resistance at $8.40. Support holds at $6.60/$6.39. Sustaining above $7.75 consolidates a new higher base.
Valuation and Target Range:
At a TTM P/E of 40.9 and EPS of $0.19, Nokia trades at a mild premium relative to its historical 5-year mean (~34×). Dividend yield 2.47% remains attractive amid moderate payout.
The 1-3-week target range is $7.50–$8.40, with potential upside extension toward $8.60 if bullish momentum persists.
Risk Statement:
Profit-taking may occur near the $8.20–$8.40 zone after extreme volume expansion. Macro headwinds in Europe and carrier CAPEX cycles remain structural risks. This report is for technical analysis only — not investment advice.
Data Source: Yahoo Finance (pricing, valuation) & TradingView (technical chart), as of Oct 28, 2025. Prepared by Tiger Morning Brief | Internal use only.
For SG users only, a tool to boost your purchasing power and trading ideas with a Cash Boost Account!
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links:
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- emperdragon·2025-10-30haiz but dropping not sure due to what reason [Sad]LikeReport