Research Analysts Set Expectations for VEON FY2026 Earnings

VEON Ltd. (NASDAQ:VEON) – Investment analysts at Litchfield Hills Research dropped their FY2026 earnings per share (EPS) estimates for shares of VEON in a report issued on Friday, June 5th. Litchfield Hills Research analyst T. O’neill now expects that the Wireless communications provider will earn $7.33 per share for the year, down from their previous forecast of $8.56. The consensus estimate for VEON’s current full-year earnings is $8.56 per share. Litchfield Hills Research also issued estimates for VEON’s FY2027 earnings at $8.95 EPS.

VEON (NASDAQ:VEON) last released its quarterly earnings results on Thursday, April 30th. The Wireless communications provider reported $1.50 earnings per share for the quarter. VEON had a return on equity of 44.43% and a net margin of 11.65%.

Several other equities analysts have also recently weighed in on VEON. Rothschild & Co Redburn set a $74.00 price target on VEON and gave the company a “buy” rating in a report on Thursday, April 16th. Zacks Research cut VEON from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Benchmark reissued a “buy” rating on shares of VEON in a report on Friday, March 13th. Weiss Ratings cut VEON from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. Finally, Wall Street Zen cut VEON from a “strong-buy” rating to a “buy” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, VEON presently has a consensus rating of “Moderate Buy” and an average target price of $67.00.

VEON Price Performance

NASDAQ VEON opened at $49.01 on Tuesday. The business’s fifty day moving average price is $52.05 and its 200-day moving average price is $52.42. The stock has a market capitalization of $3.63 billion, a price-to-earnings ratio of 6.57 and a beta of 1.63. The company has a debt-to-equity ratio of 2.15, a current ratio of 0.86 and a quick ratio of 0.85. VEON has a 1-year low of $34.55 and a 1-year high of $64.00.

Hedge Funds Weigh In On VEON

A number of institutional investors have recently bought and sold shares of the stock. Shah Capital Management increased its stake in VEON by 1.5% in the 4th quarter. Shah Capital Management now owns 4,895,252 shares of the Wireless communications provider’s stock worth $257,343,000 after buying an additional 70,831 shares in the last quarter. Diversify Wealth Management LLC purchased a new stake in VEON in the 3rd quarter worth $1,078,000. Panview Capital Ltd purchased a new stake in VEON in the 3rd quarter worth $22,481,000. Pictet Asset Management Holding SA increased 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 buying an additional 98,618 shares in the last quarter. Finally, Envestnet Asset Management Inc. purchased a new stake in VEON in the 3rd quarter worth $1,645,000. 21.30% of the stock is owned by 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.