VEON Ltd. (NASDAQ:VEON) Receives $72.00 Consensus PT from Analysts

VEON Ltd. (NASDAQ:VEON) has been assigned a consensus recommendation of “Hold” from the five research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $72.00.

A number of brokerages recently weighed in on VEON. Zacks Research cut shares of VEON from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 16th. Rothschild & Co Redburn set a $74.00 target price on shares of VEON and gave the company a “buy” rating in a research report on Thursday, April 16th. Weiss Ratings cut shares of VEON from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 18th. Wall Street Zen downgraded shares of VEON from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Benchmark reaffirmed a “buy” rating on shares of VEON in a research note on Monday, June 15th.

Institutional Investors Weigh In On VEON

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC bought a new position in VEON during the 1st quarter valued at $400,000. Jones Financial Companies Lllp increased its position in shares of VEON by 84,690.0% during the 1st quarter. Jones Financial Companies Lllp now owns 16,958 shares of the Wireless communications provider’s stock valued at $740,000 after purchasing an additional 16,938 shares during the period. Jane Street Group LLC raised its stake in shares of VEON by 177.9% in the 1st quarter. Jane Street Group LLC now owns 16,374 shares of the Wireless communications provider’s stock worth $714,000 after buying an additional 10,483 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of VEON by 267.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 55,827 shares of the Wireless communications provider’s stock worth $2,572,000 after buying an additional 40,614 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of VEON by 1.0% in the second quarter. Bank of America Corp DE now owns 53,571 shares of the Wireless communications provider’s stock valued at $2,468,000 after buying an additional 538 shares during the period. Institutional investors own 21.30% of the company’s stock.

VEON Trading Down 0.9%

VEON stock opened at $52.29 on Friday. VEON has a 52-week low of $42.60 and a 52-week high of $64.00. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 2.15. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 7.01 and a beta of 1.64. The firm has a 50-day moving average price of $52.49 and a two-hundred day moving average price of $52.40.

VEON (NASDAQ:VEON) last announced its quarterly earnings results 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 11.65% and a return on equity of 44.43%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the business earned $8.30 earnings per share. Sell-side analysts expect that VEON will post 6.99 earnings per share for the current year.

VEON News Roundup

Here are the key news stories impacting VEON this week:

• Positive Sentiment: Raised 2026 outlook: VEON increased its full-year revenue guidance to $5.1 billion-$5.2 billion, above the $4.9 billion analyst consensus, and also raised its EBITDA outlook. Reuters article
• Positive Sentiment: Digital business is gaining momentum: Second-quarter digital revenue rose 53.6% year over year to $342 million, representing 26.9% of group revenue, while digital EBITDA margin reached 36.1%. Total revenue increased 17.0% to $1.271 billion. VEON second-quarter results
• Positive Sentiment: Quarterly results exceeded expectations: VEON reported EPS of $1.69 versus the $1.59 consensus and revenue of $1.27 billion versus expectations of $1.23 billion. VEON earnings report
• Neutral Sentiment: CEO Kaan Terzioglu emphasized expanding beyond traditional telecommunications into broader digital services, while management highlighted additional digital investments in Ukraine. The strategy could support longer-term growth but depends on successful execution. VEON CEO interview
• Neutral Sentiment: Analysts cited a $72 price target, implying upside from the recent trading level, although another valuation analysis estimated approximately 13% downside, reflecting differing views on VEON’s fair value. Analyst price target article
• Negative Sentiment: Despite beating estimates, quarterly EPS fell substantially from $8.30 in the prior-year period. VEON also carries elevated leverage, with a debt-to-equity ratio of 2.15, which may limit investor enthusiasm.

About VEON

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.