Cost ManagementNokia announced a cost savings plan targeting a reduction of €800m to €1.2bn for FY26 vs. FY23, which should help the ‘25 bottom line.
Earnings And ValuationThe stock is currently trading at a multiple of 12.8x, thus below the long-term average, with scope to see strong earnings momentum.
Strategic PartnershipsNokia should grow in the enterprise market, e.g. the recent expansion of its relationship with Microsoft Cloud.