VEON FY2026 EPS Estimate Lifted by Litchfield Hills Research

VEON Ltd. (NASDAQ:VEON) – Litchfield Hills Research boosted their FY2026 earnings estimates for shares of VEON in a report released on Thursday, August 20th. Litchfield Hills Research analyst T. O’neill now expects that the Wireless communications provider will earn $7.53 per share for the year, up from their prior estimate of $7.33. The consensus estimate for VEON’s current full-year earnings is $7.39 per share.

Several other analysts have also recently issued reports on VEON. Northland Securities started coverage on VEON in a report on Tuesday, June 9th. They set an “outperform” rating and a $70.00 price objective on the stock. Benchmark reissued a “buy” rating on shares of VEON in a report on Monday, June 15th. Wall Street Zen upgraded shares of VEON from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Weiss Ratings restated a “hold (c)” rating on shares of VEON in a report on Thursday, August 13th. Finally, Zacks Research raised VEON from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, VEON presently has a consensus rating of “Moderate Buy” and an average target price of $72.00.

VEON Price Performance

NASDAQ VEON opened at $61.15 on Monday. VEON has a 52 week low of $42.60 and a 52 week high of $63.29. The firm has a market capitalization of $4.52 billion, a P/E ratio of 71.94 and a beta of 1.65. The company has a 50-day moving average price of $53.56 and a 200-day moving average price of $52.67. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 2.30.

VEON (NASDAQ:VEON) last issued its quarterly earnings data on Friday, July 31st. The Wireless communications provider reported $1.69 EPS for the quarter, beating the consensus estimate of $1.46 by $0.23. VEON had a net margin of 1.24% and a return on equity of 14.93%. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the firm posted $8.30 earnings per share.

Insider Activity

In other VEON news, Director Augie K. Fabela II bought 15,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was acquired at an average cost of $56.00 per share, with a total value of $840,000.00. Following the purchase, the director owned 91,000 shares in the company, valued at approximately $5,096,000. This represents a 19.74% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Institutional Investors Weigh In On VEON

Several institutional investors and hedge funds have recently made changes to their positions in VEON. Osaic Holdings Inc. grew its holdings in shares of VEON by 36.8% during the second quarter. Osaic Holdings Inc. now owns 1,443 shares of the Wireless communications provider’s stock worth $66,000 after buying an additional 388 shares in the last quarter. Royal Bank of Canada raised its holdings in VEON by 184.3% in the fourth quarter. Royal Bank of Canada now owns 2,431 shares of the Wireless communications provider’s stock valued at $128,000 after buying an additional 1,576 shares during the period. Truist Financial Corp lifted its position in VEON by 5.1% during the fourth quarter. Truist Financial Corp now owns 4,014 shares of the Wireless communications provider’s stock valued at $211,000 after buying an additional 195 shares in the last quarter. Personal CFO Solutions LLC grew its stake in VEON by 14.4% during the first quarter. Personal CFO Solutions LLC now owns 4,689 shares of the Wireless communications provider’s stock worth $217,000 after buying an additional 592 shares during the period. Finally, CWM LLC acquired a new position in shares of VEON during the 4th quarter valued at $219,000. 21.30% of the stock is currently owned by hedge funds and other institutional investors.

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.