okia Oyj (NYSE:NOK) is one of the 10 Best European Stocks That Beat Earnings Estimates to Buy. On April 29, 2026, Arete upgraded Nokia Oyj (NYSE:NOK) to Buy from Neutral with a EUR 10.60 price target. The firm noted the shares have re-rated on exposure to hyperscale data center spending, while AI and cloud accounted for 8% of Q1 sales. Argus analyst Jim Kelleher also upgraded Nokia Oyj (NYSE:NOK) to Buy from Hold with a $15 price target following the Q1 report. Jim Kelleher cited AI-driven demand and a ...