NOK to $200 is pure hopium. The math just doesn't work.
I’ve been seeing some wild comments lately about Nokia hitting $100 or even $200 and I think some of you seriously need a reality check. I'm long on NOK too, and the recent pump to $12-13 because of the Nvidia news and the Infinera deal is great, but let's be real for a second.
Do you guys even look at the market cap before posting these targets?
There are roughly 6.5 billion shares outstanding. If NOK hits $200, the market cap becomes $1.3 TRILLION.
Think about that. That would make Nokia more valuable than AMD and basically puts it in the same league as Google or Meta. It’s a telecom company, guys. They build hardware, antennas, and subsea cables. They don't have 90% software margins like a SaaS company. Even with the AI hype, they aren't becoming a trillion-dollar giant overnight.
I think $30 is already a massive stretch for the next few years, let alone triple digits.