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#NOK — Rosenblatt Initiates Buy, Calls Nokia an AI Optical Powerhouse | ThinkSabio
Sep 15, 2026 · ThinkSabio Inc
Nokia (#NOK) has received a new Buy rating from Rosenblatt with a $15 price target, as the firm highlights Nokia’s growing position in AI and optical networking infrastructure.
🔹 Key Highlights
📈 Rosenblatt initiated NOK at Buy with a $15 price target.
🚀 Nokia’s Optical Networks revenue grew 20%.
🤖 AI & Cloud revenue more than doubled.
💰 Nokia has approximately $3.2B in AI & Cloud orders.
🌐 Telxius is deploying Nokia’s ICE-X 800G ZR/ZR+ coherent pluggable optics across Europe, the U.S. and Latin America.
⚡ The deployment aims to increase network capacity while reducing power consumption, space requirements and expansion costs.
🔗 The developments strengthen Nokia’s position in AI, cloud and data-center connectivity.
💡 Why It Matters
Nokia is increasingly shifting from traditional telecom toward higher-growth AI and optical infrastructure. Strong AI & Cloud growth, a $3.2B order book and expanding 800G optical deployments could provide a meaningful growth catalyst for the company.
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