Research Analysts Set Expectations for VEON FY2026 Earnings

VEON Ltd. (NASDAQ:VEON) – Equities researchers at Litchfield Hills Research cut their FY2026 earnings per share estimates for shares of VEON in a report released on Friday, June 5th. Litchfield Hills Research analyst T. O’neill now forecasts that the Wireless communications provider will earn $7.33 per share for the year, down from their prior estimate 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.

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

VEON Trading Down 4.6%

Shares of VEON stock opened at $49.01 on Tuesday. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 6.57 and a beta of 1.63. The business has a 50-day moving average price of $52.05 and a 200-day moving average price of $52.42. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 2.15. VEON has a twelve month low of $34.55 and a twelve month high of $64.00.

VEON (NASDAQ:VEON) last issued its quarterly earnings data 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%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VEON. NewEdge Advisors LLC purchased a new position in VEON in the first quarter worth about $400,000. Jones Financial Companies Lllp grew its position in VEON by 84,690.0% in the first quarter. Jones Financial Companies Lllp now owns 16,958 shares of the Wireless communications provider’s stock worth $740,000 after acquiring an additional 16,938 shares in the last quarter. Jane Street Group LLC grew its position in VEON by 177.9% in the first quarter. Jane Street Group LLC now owns 16,374 shares of the Wireless communications provider’s stock worth $714,000 after acquiring an additional 10,483 shares in the last quarter. JPMorgan Chase & Co. grew its position in VEON by 267.0% in the second quarter. JPMorgan Chase & Co. now owns 55,827 shares of the Wireless communications provider’s stock worth $2,572,000 after acquiring an additional 40,614 shares in the last quarter. Finally, Bank of America Corp DE grew its position in 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 worth $2,468,000 after acquiring an additional 538 shares in the last quarter. Hedge funds and other institutional investors own 21.30% of the company’s stock.

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.