NOKIAN TYRES

The Nokian Renkaat share rose by around 6.5% to €15.78 after JPMorgan raised its rating from "Underweight" to "Neutral" and increased the price target from €7.70 to €15.00. The upgrade follows a strong quarterly report: the operating segment result for Q2 2026 amounted to €45.0m, well above the analyst consensus of €34.9m and the prior-year figure of €26.3m. CEO Paolo Pompei cited higher sales volumes and better pricing, especially in the passenger car tyre segment, as drivers. The upgrade could also trigger short covering, while competitors such as Continental and Michelin posted losses on the day. » More on de.investing.com

Nokian Renkaat's stock slid about 9.4% from its 52‑week high after investors took profits following the rally. In the half‑year report (Jan–Jun 2026) the company surprised with a 71% rise in operating profit in the second quarter to €45.0m and a 10.6% increase in revenue to €380m, but did not lift the full‑year forecast. A high short‑selling share of around 6.7% and a lack of sector‑wide catalysts increased selling pressure and triggered a technical correction. » More on de.investing.com

Nokian Renkaat reported Q2 2026 revenue of €379.9 million (consensus €343.7 million), an operating profit of €34.8 million and earnings per share of €0.14. Management confirmed the full-year outlook calling for net sales growth and a segment operating profit (OP) margin of 8–10%. Drivers were higher sales volumes, improved pricing and lower manufacturing and supply‑chain costs. The stock rose about 6% to €13.72 and hit a 52‑week high, supported by a prior analyst upgrade. » More on de.investing.com