Q2 Earnings Forecast for VEON Issued By Northland Securities

VEON Ltd. (NASDAQ:VEON) – Investment analysts at Northland Securities issued their Q2 2026 EPS estimates for VEON in a research report issued on Tuesday, June 9th. Northland Securities analyst T. Savageaux forecasts that the Wireless communications provider will post earnings of $1.59 per share for the quarter. Northland Securities has a “Outperform” rating and a $70.00 price objective on the stock. The consensus estimate for VEON’s current full-year earnings is $7.33 per share. Northland Securities also issued estimates for VEON’s Q3 2026 earnings at $1.72 EPS, Q4 2026 earnings at $1.91 EPS and FY2026 earnings at $6.65 EPS.

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

VEON has been the topic of a number of other reports. Benchmark restated a “buy” rating on shares of VEON in a research note on Friday, March 13th. Weiss Ratings downgraded shares of VEON from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 18th. Wall Street Zen downgraded shares of VEON from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, May 26th. Rothschild & Co Redburn set a $74.00 price objective on shares of VEON and gave the stock a “buy” rating in a research report on Thursday, April 16th. Finally, Zacks Research downgraded shares of VEON from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, VEON has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.

VEON Trading Up 0.4%

NASDAQ VEON opened at $49.47 on Thursday. The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.85 and a current ratio of 0.86. The firm has a market cap of $3.66 billion, a PE ratio of 6.63 and a beta of 1.63. VEON has a one year low of $34.55 and a one year high of $64.00. The firm’s fifty day moving average is $52.20 and its two-hundred day moving average is $52.39.

Hedge Funds Weigh In On VEON

Institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its stake in shares of VEON by 36.8% during 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 grew 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 worth $128,000 after purchasing an additional 1,576 shares during the period. Truist Financial Corp acquired a new position in shares of VEON during the 3rd quarter worth $208,000. Personal CFO Solutions LLC acquired a new position in shares of VEON during the 3rd quarter worth $208,000. Finally, CWM LLC acquired a new position in shares of VEON during the 4th quarter worth $219,000. 21.30% of the stock is owned by institutional investors and hedge funds.

VEON News Roundup

Here are the key news stories impacting VEON this week:

• Positive Sentiment: VEON appointed Serkan Ozturk as Chief of Staff & Strategy Officer, a move aimed at improving strategic execution, cross-functional alignment, and delivery of key initiatives. The hire may reassure investors that management is tightening execution around its growth agenda. VEON Appoints Serkan Ozturk as Chief of Staff & Strategy Officer
• Positive Sentiment: Banglalink, VEON’s Bangladesh unit, will stream all 104 matches of the 2026 World Cup on Toffee, which could boost digital engagement, subscriber activity, and ad-supported viewing in a major market. VEON’s Banglalink Brings Every World Cup 2026 Match to Football Fans in Bangladesh on Toffee
• Positive Sentiment: Northland Securities initiated coverage with an outperform rating and a $70 price target, signaling Wall Street sees meaningful upside from current levels.
• Neutral Sentiment: VEON also said it is interested in investing in Nagad, which could create a longer-term growth opportunity, but no deal has been announced yet. VEON expresses interest to invest in Nagad
• Neutral Sentiment: Recent analyst estimate cuts for fiscal 2026 and fiscal 2027 reflect some caution on earnings expectations, but the revisions were offset by the stronger strategic and operational news.

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.