NOK

Nokia Oyj

65
Fundamentals66/ 100
Valuation50/ 100
Upside potential60/ 100
Risk potential31/ 100

NOK has lower modeled downside risk, despite its lower overall score.

OSCR

Oscar Health, Inc.

69
Fundamentals85/ 100
Valuation50/ 100
Upside potential61/ 100
Risk potential35/ 100

OSCR has the edge over NOK overall, supported by stronger fundamentals and stronger modeled upside.

NOK Fundamentals

MetricStatus
Stable
Healthy
Under pressure
Strong

NOK's profitability and balance sheet are currently healthy, and its revenue is stable, but its cash flow is under pressure.

OSCR Fundamentals

MetricStatus
Strong
Healthy
Strong
Strong

OSCR's revenue, profitability, cash flow and balance sheet are all currently healthy.

NOK PE Valuation

NOK has no meaningful PE right now: it lost money over the past year.

OSCR PE Valuation

CHEAPFAIREXPENSIVE41x83x124x166x
CHEAPFAIREXPENSIVE41x83x124x166x
LevelPEPriceVs current
Forward12x$31.94—
Current13x$31.94—
Cheap21x$52.73+65%
Fair35x$87.23+173%
Expensive130x$322+907%

Historical ranges are pointers, not guarantees.

OSCR's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.

NOK Forward outlook

MetricOutlook
--
Strong growth
Growth
Strongly improving
Limited
Low

Analysts expect earnings and revenue growth for NOK, with profitability improving. However, they disagree widely on these estimates.

OSCR Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Strongly improving
Limited
Moderate

Analysts expect strong earnings and revenue growth for OSCR, with profitability improving.

NOK Risk to reward

ScenarioChangePrice
Upside+47%$12.15
Downside-31%$5.71

Calculated from the latest close: $8.28 on Nov 12.

NOK trails OSCR on modeled risk to reward, with less potential upside relative to its potential downside.

OSCR Risk to reward

ScenarioChangePrice
Upside+55%$49.45
Downside-35%$20.78

Calculated from the latest close: $31.94 on Nov 12.

OSCR has a better modeled risk to reward balance than NOK, with more potential upside relative to its potential downside.

NOK Earnings Per Share

Q4 2023: $0.13Q1 2024: $0.16Q2 2024: $0.07Q3 2024: $0.08Q4 2024: $0.15Q1 2025: $0.05Q2 2025: $0.11Q3 2025: $0.09Q4 2025: $0.13Q1 2026: $0.16Q2 2026: $0.14Q3 2026: $0.15
Q4 2023: $0.13Q1 2024: $0.16Q2 2024: $0.07Q3 2024: $0.08Q4 2024: $0.15Q1 2025: $0.05Q2 2025: $0.11Q3 2025: $0.09Q4 2025: $0.13Q1 2026: $0.16Q2 2026: $0.14Q3 2026: $0.15
QuarterTTM EPSYoY
Q3 2026$0.15+67%
Q2 2026$0.14+27%
Q1 2026$0.16+220%
Q4 2025$0.13-13%
Q3 2025$0.09+13%
Q2 2025$0.11+57%
Q1 2025$0.05-69%
Q4 2024$0.15+15%

NOK has the edge over OSCR on earnings, with more consistent year-over-year improvement.

OSCR Earnings Per Share

Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
QuarterTTM EPSYoY
Forward$2.61+5.6%
Q3 2026$2.47+$3.47
Q2 2026$1.45+$2.14
Q1 2026-$0.54-235%
Q4 2025-$1.69-1790%
Q3 2025-$1.00-$0.92
Q2 2025-$0.69-$0.54
Q1 2025$0.40+$0.82
Q4 2024$0.10+$1.32

OSCR has returned to profit: it earned $2.47 per share over the past year, after losing money the year before.

NOK Quarterly Revenue

Q4 2023: $6.3BQ1 2024: $4.9BQ2 2024: $5BQ3 2024: $4.8BQ4 2024: $6.6BQ1 2025: $4.9BQ2 2025: $5.1BQ3 2025: $5.4BQ4 2025: $6.8BQ1 2026: $5BQ2 2026: $5.3BQ3 2026: $5.7B
Q4 2023: $6.3BQ1 2024: $4.9BQ2 2024: $5BQ3 2024: $4.8BQ4 2024: $6.6BQ1 2025: $4.9BQ2 2025: $5.1BQ3 2025: $5.4BQ4 2025: $6.8BQ1 2026: $5BQ2 2026: $5.3BQ3 2026: $5.7B
QuarterRevenueYoY
Q3 2026$5.7B+6.1%
Q2 2026$5.3B+5.9%
Q1 2026$5B+2.4%
Q4 2025$6.8B+2.4%
Q3 2025$5.4B+12%
Q2 2025$5.1B+1.8%
Q1 2025$4.9B-1.2%
Q4 2024$6.6B+4.9%

NOK's revenue is recovering but still below its 2022 peak: $5.7B last quarter, up 6.1% from the same quarter a year ago.

OSCR Quarterly Revenue

Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
QuarterRevenueYoY
Q3 2026$5.1B+72%
Q2 2026$4.9B+70%
Q1 2026$4.6B+53%
Q4 2025$2.8B+17%
Q3 2025$3B+23%
Q2 2025$2.9B+29%
Q1 2025$3B+42%
Q4 2024$2.4B+67%

OSCR has the edge over NOK on sales, with more consistent year-over-year improvement.

NOK Free Cash Flow

Q4 2023: $1.9BQ1 2024: $1.1BQ2 2024: $438MQ3 2024: $754MQ4 2024: $56MQ1 2025: $801MQ2 2025: $98MQ3 2025: $477MQ4 2025: $252MQ1 2026: $699MQ2 2026: −$832MQ3 2026: −$112M
Q4 2023: $1.9BQ1 2024: $1.1BQ2 2024: $438MQ3 2024: $754MQ4 2024: $56MQ1 2025: $801MQ2 2025: $98MQ3 2025: $477MQ4 2025: $252MQ1 2026: $699MQ2 2026: −$832MQ3 2026: −$112M
QuarterFree cash flowYoY
Q3 2026-$112M-123%
Q2 2026-$832.1M-951%
Q1 2026$698.8M-13%
Q4 2025$252.2M+354%
Q3 2025$476.6M-37%
Q2 2025$97.8M-78%
Q1 2025$801M-25%
Q4 2024$55.5M-97%

NOK usually generates cash, though not every quarter: the latest was −$112M, but it generated $7M over the past year.

OSCR Free Cash Flow

Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
QuarterFree cash flowYoY
Q3 2026-$1.2B-$238.2M
Q2 2026$2.1B+316%
Q1 2026$2.6B+200%
Q4 2025$662.8M+95%
Q3 2025-$973.7M-$466M
Q2 2025$499.8M+2.1%
Q1 2025$869.5M+38%
Q4 2024$340M+17%

OSCR has the edge over NOK on cash flow, with more consistent year-over-year improvement.

NOK Total Shares

Q4 2023: 5.5BQ1 2024: 5.6BQ2 2024: 5.5BQ3 2024: 5.5BQ4 2024: 5.5BQ1 2025: 5.4BQ2 2025: 5.5BQ3 2025: 5.5BQ4 2025: 5.5BQ1 2026: 5.7BQ2 2026: 5.8BQ3 2026: 5.7B
Q4 2023: 5.5BQ1 2024: 5.6BQ2 2024: 5.5BQ3 2024: 5.5BQ4 2024: 5.5BQ1 2025: 5.4BQ2 2025: 5.5BQ3 2025: 5.5BQ4 2025: 5.5BQ1 2026: 5.7BQ2 2026: 5.8BQ3 2026: 5.7B
PeriodChange %Net change
Quarterly-1%-56.5M shares
1 year+4.7%+257M shares
3 years+2.6%+148M shares
5 years+0.9%+54M shares
Available history+2.2%+123M shares

NOK has the edge over OSCR on shareholder dilution, with a more favorable share count trend.

OSCR Total Shares

Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
PeriodChange %Net change
Quarterly+3.9%+13M shares
1 year+34%+87.2M shares
3 years+55%+123M shares
5 years+66%+138M shares
Available history+71%+143M shares

OSCR has 346M diluted shares, up 34% from a year ago.

NOK Net Leverage

Q4 2023: -0.4xQ1 2024: -0.6xQ2 2024: -0.8xQ3 2024: -0.8xQ4 2024: -0.5xQ1 2025: -0.2xQ2 2025: -0.3xQ3 2025: -0.3xQ4 2025: -0.1xQ1 2026: -0.7xQ2 2026: -0.5xQ3 2026: -0.3x
Q4 2023: -0.4xQ1 2024: -0.6xQ2 2024: -0.8xQ3 2024: -0.8xQ4 2024: -0.5xQ1 2025: -0.2xQ2 2025: -0.3xQ3 2025: -0.3xQ4 2025: -0.1xQ1 2026: -0.7xQ2 2026: -0.5xQ3 2026: -0.3x
QuarterNet LeverageStatus
Q3 2026-0.3xNet Cash
Q2 2026-0.5xNet Cash
Q1 2026-0.7xNet Cash
Q4 2025-0.1xNet Cash
Q3 2025-0.3xNet Cash
Q2 2025-0.3xNet Cash
Q1 2025-0.2xNet Cash
Q4 2024-0.5xNet Cash

NOK has more cash than debt.

OSCR Net Leverage

Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
QuarterNet LeverageStatus
Q3 2026-4.2xNet Cash
Q2 2026-5.5xNet Cash
Q1 2026-110.0xNet Cash
Q1 2025-9.7xNet Cash
Q4 2024-13.7xNet Cash
Q3 2024-10.1xNet Cash
Q2 2024-24.0xNet Cash
Q1 2024-217.7xNet Cash

OSCR has the edge over NOK on leverage, with a lower net debt burden relative to earnings.

NOK Weekly Momentum

MetricValueStatus
RSI40.8Neutral
Stochastic18.3Oversold

NOK's weekly RSI is 41 (neutral) and its Stochastic is 18 (oversold).

OSCR Weekly Momentum

MetricValueStatus
RSI58.7Neutral
Stochastic44.9Neutral

OSCR's weekly RSI is 59 (neutral) and its Stochastic is 45 (neutral).

NOK PE vs Technology Sector

MetricNOKSector medianRelative
PEN/A28x—

NOK has no meaningful PE right now: it lost money over the past year.

OSCR PE vs Healthcare Sector

MetricOSCRSector medianRelative
PE13x26x50% below
PE %33532 pts below

OSCR is trading at 13x earnings, a 50% discount to the Healthcare sector's median of 26x, though its earnings don't support one.

NOK Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$9.149.4% below
20 week MA$9.9217% below
50 week MA$9.6614% below
100 week MA$7.3513% above
200 week MA$5.6746% above

NOK has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 46% above its 200-week average.

OSCR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$31.22.3% above
20 week MA$31.12.8% above
50 week MA$22.939% above
100 week MA$19.365% above
200 week MA$15.5106% above

OSCR has the edge over NOK on trend strength, trading above more of its moving averages.

NOK Yearly ROI

YearStart priceEnd priceROI
2020$3.63$3.89+7.2%
2021$3.89$6.19+59%
2022$6.19$4.64-25%
2023$4.64$3.42-26%
2024$3.42$4.48+31%
2025$4.48$6.62+48%
2026 YTD$6.62$8.28+25%

NOK has finished higher in four of the last six years. It's up 25% so far in 2026.

OSCR Yearly ROI

YearStart priceEnd priceROI
2021$31.0$8.02-74%
2022$8.02$2.21-72%
2023$2.21$9.15+314%
2024$9.15$13.8+51%
2025$13.8$14.9+8%
2026 YTD$14.9$31.9+114%

OSCR has the edge over NOK on returns for 2026, with the stronger performance.

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