NOK → $26.80 by May 5, 2027.

# Why Nokia Nokia has made a shift from a legacy hardware manufacturer to an AI and Defence player. The stock price has began correcting, but still lags behind. # PE Valuation Nokias current PE is sitting at 26 with the price of $13.4. It has taken a move away from its previous telecom equipment valuation, which had comparables such as Ericsson sitting at 17. It’s currently shifting towards an optical infrastructure valuation, which leaves comparables such as ciena (216 …