Litchfield Hills Research Estimates VEON FY2026 Earnings

VEON Ltd. (NASDAQ:VEON) – Research analysts at Litchfield Hills Research boosted their FY2026 earnings per share (EPS) estimates for shares of VEON in a note issued to investors on Wednesday, March 18th. Litchfield Hills Research analyst T. O’neill now anticipates that the Wireless communications provider will post earnings of $8.56 per share for the year, up from their prior forecast of $7.79. Litchfield Hills Research also issued estimates for VEON’s FY2027 earnings at $9.99 EPS.

VEON (NASDAQ:VEON) last issued its quarterly earnings data on Friday, March 13th. The Wireless communications provider reported ($0.39) earnings per share for the quarter, missing the consensus estimate of $1.79 by ($2.18). The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.12 billion. VEON had a return on equity of 47.86% and a net margin of 12.12%.

Several other research analysts have also recently weighed in on the stock. Wall Street Zen upgraded shares of VEON from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Benchmark reaffirmed a “buy” rating on shares of VEON in a report on Friday, March 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of VEON in a research report on Monday, December 29th. Finally, Zacks Research raised VEON from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, VEON currently has an average rating of “Moderate Buy” and an average price target of $60.00.

VEON Stock Performance

Shares of NASDAQ VEON opened at $50.41 on Friday. VEON has a 12-month low of $34.55 and a 12-month high of $64.00. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 6.78 and a beta of 1.59. The company has a current ratio of 0.91, a quick ratio of 0.94 and a debt-to-equity ratio of 2.47. The firm has a 50 day moving average of $53.47 and a 200 day moving average of $52.29.

Institutional Trading of VEON

Institutional investors have recently made changes to their positions in the business. Panview Capital Ltd purchased a new stake in VEON during the 3rd quarter valued at approximately $22,481,000. Wellington Management Group LLP increased its holdings in VEON by 66.5% in the 4th quarter. Wellington Management Group LLP now owns 977,400 shares of the Wireless communications provider’s stock valued at $51,382,000 after acquiring an additional 390,294 shares during the last quarter. Mackenzie Financial Corp purchased a new stake in VEON in the 3rd quarter worth $15,005,000. Pictet Asset Management Holding SA lifted its stake in VEON by 77.6% in the 4th quarter. Pictet Asset Management Holding SA now owns 225,643 shares of the Wireless communications provider’s stock worth $11,862,000 after purchasing an additional 98,618 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of VEON by 275.3% during the 3rd quarter. Millennium Management LLC now owns 133,478 shares of the Wireless communications provider’s stock valued at $7,265,000 after purchasing an additional 97,913 shares during the last quarter. Hedge funds and other institutional investors own 21.30% of the company’s stock.

VEON Company Profile

VEON Ltd (NASDAQ: VEON) is a global telecommunications and digital services provider headquartered in Amsterdam, the Netherlands. Originally founded as VimpelCom in Russia in 1992, the company rebranded to VEON in 2017 to reflect its transformation into a technology-driven operator. VEON operates as a holding company with direct investments in mobile and internet service providers across multiple emerging markets, delivering voice, data and digital services to individual and enterprise customers.

Through its operating subsidiaries, VEON offers a broad portfolio that includes 2G/3G/4G mobile access, fixed broadband, digital lifestyle applications and mobile financial services.