Nokia stock back to steady growth

Nokia stock back to steady growth
In the last month, Nokia’s stock has grown by nearly 17% surging from around $3.5 apiece to more than $4.2, and the unveiling of the Lumia 1020 only continues that trend.

While credit agencies have reiterated negative outlooks on Nokia stock, it seems that investors have a different opinion and the shares of the Finnish phone maker are slowly but surely going back to their good days.

It’s hard to track when the investor sentiment started swinging back in Nokia’s favor, but looking at device launches, it’s clear that the Lumia 620 first started it late last year, and in 2013 the Lumia 520 and Lumia 720 were received warmly and sent two huge positive signals to markets.

Now, we have the Lumia 1020, Nokia’s long awaited camera superphone in a slim body and running on the Windows Phone 8 platform. It seems to have gotten the unanimous press award for best cameraphone almost instantly, even prior to the first official reviews. If Nokia prices it right (we suspect the initial $300 on contract price could drop in a few months after the launch), we would not be surprised if the Lumia 1020 becomes the staple of Nokia’s comeback.


source: Nokia

Related phones

Lumia 1020
  • Display 4.5" 768 x 1280 pixels
  • Camera 41 MP / 1.2 MP front
  • Processor Qualcomm Snapdragon S4 Plus, Dual-core, 1500 MHz
  • Storage 32 GB
  • Battery 2000 mAh(13.3h 3G talk time)

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44 Comments

1. Timmehor

Posts: 599; Member since: Mar 09, 2013

As every new Nokia Phone comes out the share price grows, then steadily goes down.

10. abcdefgh

Posts: 471; Member since: Mar 29, 2013

and s4 sells a record 20million units and sammy's share price...............sinks like TITANIC both of em EPIC FAIL

12. livyatan

Posts: 867; Member since: Jun 19, 2013

Geez.., that was beyond stupid. Google Samsung share price, and then Google Nokia share price. And then compare. (580 : 4.2) And then think.. and think.. untill it sinks into that tiny brain of yours.

13. Timmehor

Posts: 599; Member since: Mar 09, 2013

Samsung are more than just phones too, hey, even more than technology sometimes, that can add up to a high stock and lots of trust from investors. Nokia in the past have never had SUPER stock prices.

16. livyatan

Posts: 867; Member since: Jun 19, 2013

Still doesn't have anything to do with beyond retard comment of abcdefgh. The nature of the stock is to be constantly adjusted according to their currently estimated value. The fact that Samsung got their estimate lowered doesn't mean the company still isn't a beyond comparison more valued company..a Juggernaut compared to Nokia. It simply means that analysts re-estimated just how much of a Juggernaut it is.. and on case of Nokia, they re-estimated how much of a DWARF it is(4.2$ per share). It does make sense really.. Nokia has some brilliant tech in the pure view camera, and it is a good value that can ensure company's survival. Samsung otoh, is unlikely to get even bigger than it is now, according to analysts.

40. Timmehor

Posts: 599; Member since: Mar 09, 2013

Of course, that guy had a stupid thing to say.

41. UrbanPhantom

Posts: 949; Member since: Oct 30, 2012

Ask yourself which stock has more upside, SSNLF or NOK: the answer is pretty clear in my opinion. Unfortunately, when you're already at the top, the only place left to go is down! Samsung already peaked... Nokia at roughly 4 bucks per share is an absolute steal, and a potential ten bagger, even without the dividend.

21. rd_nest

Posts: 1656; Member since: Jun 06, 2010

Are you a moron? or simply illiterate?

29. MachidoDen

Posts: 202; Member since: May 30, 2013

Lol Atleast samsung sell millions and billions and reports profit every quarter And nokia ?? Since 2011 now this is the time that nokia will be king Lol 2 years Same statement and nothing happens

2. FlushGordon unregistered

Yaaay! happy times again eh? The onslaught of *better-valued* SnapDragon 800 devices is just around the corner, I dunno if Nokia is excited about that lol

5. EXkurogane

Posts: 863; Member since: Mar 07, 2013

And they will be used in windows phones, including those made by other OEMs, it's all about whether Microsoft is quick enough with the GDR3 update.

9. FlushGordon unregistered

In your wildest dreams

43. cam-whore

Posts: 164; Member since: Feb 21, 2013

and i bet a phone blowing up in your pocket gets you excited like your android. it not about power, its actually how you use it....use your brain, it there for a reason...

3. abcdefgh

Posts: 471; Member since: Mar 29, 2013

im so happy right now. thanx PA for making my day :)

4. Nathan_ingx

Posts: 4769; Member since: Mar 07, 2012

It's does not happen often, but i hope it's keep steady... then release the line of better WP phones again in the 3rd or 4th quarter. Not so sure if they can hold it steady...

6. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

Slow and steady wins the race......Hold it steady, Nokia! Good luck.

7. theminolaboy

Posts: 128; Member since: May 18, 2013

With innovation comes a steady stream of good news. Way to go, Nokia. One thing that sets this company apart from other OEM's is that they are not greedy. My Nokia Lumia 720 is jumping up and down! lol

11. FlushGordon unregistered

Do you have apps installed in your Lumia? or just pictures?

14. EXkurogane

Posts: 863; Member since: Mar 07, 2013

Yes. I do have Facebook installed. It's an app by the way. /s

19. MachidoDen

Posts: 202; Member since: May 30, 2013

can u please borrow ur lumia so that i can play Shadowgun mass effect mortal combat and dead space etc etc etc hey do u know these games :? lol :D

20. abcdefgh

Posts: 471; Member since: Mar 29, 2013

yeah i know.even kids know.they also know that its stupid to play an a 5incher

24. MachidoDen

Posts: 202; Member since: May 30, 2013

Yes sure Atlast ur lumia cant play those games Lol Go and try

26. sam.7

Posts: 68; Member since: Jul 10, 2013

u knw i like kids.. :) even like u.. #playing #games

27. MachidoDen

Posts: 202; Member since: May 30, 2013

Bexause lumia dont have them Lol

42. cam-whore

Posts: 164; Member since: Feb 21, 2013

has your android blown up today yet? do you really have a life or you just spend all day installing apps?

8. yowanvista

Posts: 341; Member since: Sep 20, 2011

15. itsdeepak4u2000

Posts: 3718; Member since: Nov 03, 2012

Yayayay... NOKIA.. Connecting People...!!! Good Luck Nokia...

17. DigitalJedi_X2

Posts: 346; Member since: Jan 30, 2012

Wait... Wait... Going from $3.50 to $4.20 is "surging" Victor H?? Bwahahahahahahaha!! You Nokia fanboys love to bash BlackBerry, and even with all of their recent troubles, they're still trading higher than Nokia. And we can't even compare Nokia to Google or Apple. Nokia is not even in the same league.

28. veer.d

Posts: 89; Member since: Jul 12, 2013

if nokia adopt android or reinvent symbian& meego than samsung still struggle with s40 with their crappy corby or whatever and nokia's net profit may be more than apple's

32. kindlefireowner

Posts: 504; Member since: Dec 05, 2011

Nokia stock going from $3.50 to $4.20 put $350 in my pocket. Thank you very much. You own stocks to make money. You don't marry the stock or the company. I love the ignorant fandroid.

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