VEON Ltd. (NASDAQ:VEON) Stock Has Average Price Target of $90.33

Shares of VEON Ltd. (NASDAQ:VEON) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $90.33.

Several equities research analysts recently commented on the stock. Weiss Ratings raised shares of VEON from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Cantor Fitzgerald began coverage on shares of VEON in a research report on Friday, October 2nd. They issued an “overweight” rating and a $112.00 target price on the stock. Zacks Research raised shares of VEON from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Northland Securities set a $85.00 price target on shares of VEON and gave the stock an “outperform” rating in a research report on Tuesday, September 29th. Finally, Wall Street Zen raised shares of VEON from a “buy” rating to a “strong-buy” rating in a research note on Saturday.

Institutional Trading of VEON

Institutional investors have recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. purchased a new position in VEON during the third quarter worth approximately $53,000. Integrated Wealth Concepts LLC purchased a new position in shares of VEON during the 2nd quarter worth $170,000. Crossmark Global Holdings Inc. acquired a new position in shares of VEON during the 3rd quarter valued at about $243,000. Personal CFO Solutions LLC boosted its position in shares of VEON by 14.4% during the 1st quarter. Personal CFO Solutions LLC now owns 4,689 shares of the Wireless communications provider’s stock valued at $217,000 after acquiring an additional 592 shares during the last quarter. Finally, R Squared Ltd boosted its position in shares of VEON by 2.6% during the 3rd quarter. R Squared Ltd now owns 6,110 shares of the Wireless communications provider’s stock valued at $452,000 after acquiring an additional 153 shares during the last quarter. 21.30% of the stock is owned by institutional investors and hedge funds.

VEON Price Performance

Shares of VEON stock opened at $77.57 on Monday. The stock has a 50 day moving average of $74.68 and a 200 day moving average of $58.39. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 2.30. The stock has a market cap of $5.74 billion, a P/E ratio of 14.47 and a beta of 1.65. VEON has a twelve month low of $42.60 and a twelve month high of $89.00.

VEON (NASDAQ:VEON) last announced its quarterly earnings results on Friday, November 6th. The Wireless communications provider reported $2.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.95. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. VEON had a return on equity of 20.88% and a net margin of 7.62%. As a group, sell-side analysts expect that VEON will post 7.39 EPS for the current year.

Key VEON News

Here are the key news stories impacting VEON this week:

• Positive Sentiment: Third-quarter revenue rose 17.2% year over year to $1.307 billion, while digital services reached 27.2% of revenue. VEON raised the midpoint of its 2026 revenue and EBITDA outlook; revenue guidance is $5.1 billion–$5.2 billion, around analyst expectations. VEON Q3 results and outlook
• Positive Sentiment: VEON completed its $81 million acquisition of OLX Kazakhstan, adding a large classifieds platform to its digital-commerce operations. The deal was also cited alongside the company’s swing to a third-quarter profit. OLX Kazakhstan acquisition
• Positive Sentiment: The company plans to acquire a 33.75% interest in Jungo TV, including access to All Women’s Sports Network content. VEON aims to use its platforms and Jungo’s distribution reach to grow digital entertainment. Jungo TV and AWSN investment
• Neutral Sentiment: VEON reported EPS of $2.67, well above the $1.72 consensus, but coverage noted the beat was substantially driven by one-time gains, making it a less clear measure of recurring performance. Revenue was in line with estimates. Q3 earnings analysis
• Negative Sentiment: VEON identified fuel shortages as its biggest threat, a potential operational risk that could weigh on its markets even as it pursues growth in satellite data and digital services. Fuel shortages and growth risks

VEON Company Profile

VEON Ltd. is an international telecommunications and digital services company that provides mobile and fixed connectivity, along with consumer and business services. Its offerings include voice and data plans, broadband, digital payments, entertainment, and other services delivered through its networks and digital platforms.

The company serves customers in Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine, and Uzbekistan through local operating companies and brands, including Banglalink, Jazz, Kyivstar, and Beeline.