NOK Stock Increases 16.2% in Six Months: What Should Investors Do?

Nokia Corporation NOK shares have gained 16.2% in the past six months against the industry's decline of 12.3%. The stock has underperformed the Zacks Computer & Technology sector but outperformed the S&P 500 during the same time frame.Zacks Investment Research Image Source: Zacks Investment Research The company has outperformed its peers like Ericsson ERIC but underperformed Arista Networks, Inc. ANET. Shares of Ericsson have declined 20.4%, and shares of Arista have risen 48.4%. Key Growth Drivers for NOK Nokia's Optical Networks and IP Networks business is benefiting from rapid exposure of AI infrastructure business. During the second quarter of 2026, AI & Cloud revenues more than doubled year over year, while AI & Cloud order intake reached €2.