Nokia market cap in the past 10 years

Nokia's market capitalization over the past 10 years (2015–2025) has fluctuated, generally ranging between roughly 

billion and 
 billion, reflecting its transition from a handset manufacturer to a network infrastructure leader. The market cap saw significant peaks in 2015 and a recovery around 2021, holding a value near 
–
 billion as of early 2026.
Key Historical Market Cap Trends (Approximate):
  • 2015-2016: Following the sale of its handset business to Microsoft, Nokia's market value was high, often exceeding 
     billion, bolstered by the Alcatel-Lucent acquisition.
  • 2017-2020: The valuation dipped and experienced volatility, often trading in the 
     billion to 
     billion range.
  • 2021-2022: A resurgence in confidence and focus on 5G technology helped drive the market cap back up toward the 
     billion to 
     billion range.
  • 2023-2026: Nokia maintained a stable position, entering 2026 with a market cap around 
    –
     billion, driven by infrastructure investments.


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