VEON FY2026 EPS Forecast Raised by Litchfield Hills Research

VEON Ltd. (NASDAQ:VEON) – Investment analysts at Litchfield Hills Research increased their FY2026 EPS estimates for shares of VEON in a research report issued to clients and investors on Thursday, August 20th. Litchfield Hills Research analyst T. O’neill now anticipates that the Wireless communications provider will post earnings per share of $7.53 for the year, up from their previous estimate of $7.33. The consensus estimate for VEON’s current full-year earnings is $7.39 per share.

A number of other research firms have also weighed in on VEON. Northland Securities assumed coverage on VEON in a research note on Tuesday, June 9th. They issued an “outperform” rating and a $70.00 target price for the company. Wall Street Zen upgraded VEON from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Zacks Research raised VEON from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of VEON in a research report on Thursday, August 13th. Finally, Benchmark reiterated a “buy” rating on shares of VEON in a research report on Monday, June 15th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $72.00.

VEON Stock Up 1.9%

Shares of NASDAQ:VEON opened at $62.34 on Monday. The stock’s 50-day moving average price is $53.75 and its 200-day moving average price is $52.73. VEON has a 12-month low of $42.60 and a 12-month high of $63.29. The stock has a market capitalization of $4.61 billion, a P/E ratio of 73.34 and a beta of 1.65. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 2.30.

VEON (NASDAQ:VEON) last issued its earnings results on Friday, July 31st. The Wireless communications provider reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.23. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.23 billion. VEON had a net margin of 1.24% and a return on equity of 14.93%. During the same quarter last year, the company earned $8.30 EPS.

Insider Activity at VEON

In other VEON news, Director Augie K. Fabela II purchased 15,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was bought at an average price of $56.00 per share, with a total value of $840,000.00. Following the completion of the purchase, the director directly owned 91,000 shares of the company’s stock, valued at $5,096,000. The trade was a 19.74% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VEON. Osaic Holdings Inc. lifted its position in shares of VEON by 36.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,443 shares of the Wireless communications provider’s stock worth $66,000 after purchasing an additional 388 shares during the period. Royal Bank of Canada boosted its stake in shares of VEON by 184.3% during the 4th quarter. Royal Bank of Canada now owns 2,431 shares of the Wireless communications provider’s stock valued at $128,000 after purchasing an additional 1,576 shares in the last quarter. Truist Financial Corp increased its position in shares of 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 during the period. Personal CFO Solutions LLC increased its position in shares of VEON by 14.4% during the first quarter. Personal CFO Solutions LLC now owns 4,689 shares of the Wireless communications provider’s stock valued at $217,000 after buying an additional 592 shares during the period. Finally, CWM LLC bought a new position in VEON in the fourth quarter worth about $219,000. 21.30% of the stock is 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.