Moody's Upgrades Nokia's Outlook to Positive, Affirms Ba1 Credit Rating

Thursday, Dec 4, 2025 5:35 am ET1min read
NOK--

Moody's upgraded Nokia's outlook to positive from stable while affirming its Ba1 credit rating. The agency expects Nokia's profitability to strengthen in 2026-2028 due to growth in network infrastructure, particularly optical and IP-based equipment. Moody's also highlights Nokia's investment in AI-based network solutions and collaborations with tech players, such as Nvidia's acquisition of a 2.9% stake.

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