{"id":132837,"date":"2026-05-18T08:00:17","date_gmt":"2026-05-18T11:00:17","guid":{"rendered":"https:\/\/ubirataonline.com.br\/nokia-shares-jumped-after-ciscos-strong-quarterly-results-nok-could-be-the-next-networking-winner\/"},"modified":"2026-05-18T08:00:20","modified_gmt":"2026-05-18T11:00:20","slug":"nokia-shares-jumped-after-ciscos-strong-quarterly-results-nok-could-be-the-next-networking-winner","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/nokia-shares-jumped-after-ciscos-strong-quarterly-results-nok-could-be-the-next-networking-winner\/","title":{"rendered":"Nokia Shares Jumped After Cisco\u2019s Strong Quarterly Results. NOK Could Be the Next Networking Winner."},"content":{"rendered":"

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Networking stocks got a serious boost this week after Cisco (CSCO) put up a strong fiscal Q3 2026 report. On May 13, the\u00a0company posted networking revenue of $8.82 billion, up 25%, thanks to heavy spending on AI infrastructure and campus networking gear.<\/p>\n

The market liked what it saw.\u00a0Cisco shares jumped between 18% and 22% in after-hours trading, and that enthusiasm spread quickly across the sector. Nokia (NOK) \u00a0climbed more than 10%, which is notable because the company is starting to shake off its old image as just a legacy telecom business.<\/p>\n

More News from Barchart <\/h3>\n

This wasn’t just traders piling into anything networking-related.\u00a0AI buildouts are picking up speed, with major cloud companies\u00a0planning to spend hundreds of billions in 2026 to handle larger training clusters and inference workloads.<\/p>\n

So here’s the real question. If Cisco’s results show that networking demand is heating up again, does Nokia have what it takes to be the next big winner in this space? Let’s dive in.<\/p>\n

Can Nokia’s Financials Justify the Rally? <\/h2>\n

Nokia Corporation, based in Espoo, Finland, has a market value of about $83 billion and builds telecom equipment, optical gear, and network software for carriers, enterprises, and data centers. The Finnish gear maker is positioned to benefit when spending on connectivity, AI, and carrier infrastructure strengthens across global markets.<\/p>\n

As for the stock,\u00a0NOK is up about 116% since the year started, 169% gain over the past 52 weeks, and closed at $13.98 on May 15.<\/p>\n

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Even so, the valuation looks a bit rich. It trades at 33.72x trailing earnings and 27.59x cash flow, both above sector medians of 24.52x and 18.01x.<\/p>\n

Its\u00a0latest quarterly report, released in March 2026, helped support the bullish view. Nokia posted $0.06 in earnings per share, while sales came in at $5.26 billion, down 25.60% quarter-to-quarter, so revenue was softer even though the company stayed profitable.<\/p>\n

That same quarter also showed\u00a0stronger cash generation. Their operating cash flow rose to $578 million, up about 30% from the prior quarter, which suggests the core business was holding up better.<\/p>\n

It also reported net cash flow of -$1.31B, but that was still an improvement of 17% from the prior quarter. That means cash outflows narrowed, which matters for a company still spending on network upgrades and growth projects.<\/p>\n<\/p><\/div>\n