VEON FY2026 EPS Estimate Lifted by Litchfield Hills Research

Key Points

• Litchfield Hills Research raised VEON’s FY2026 EPS forecast to $7.53 from $7.33, above the current consensus estimate of $7.39.
• VEON’s latest quarterly results exceeded expectations, with EPS of $1.69 versus the $1.46 consensus and revenue of $1.27 billion versus $1.23 billion expected.
• Analyst sentiment remains favorable, with three Buy ratings and two Holds producing a consensus “Moderate Buy” rating and a $72 price target; shares recently opened at $59.38.

VEON Ltd. (NASDAQ:VEON - Free Report) - Investment analysts at Litchfield Hills Research upped their FY2026 earnings per share estimates for shares of VEON in a report issued on Thursday, August 20th. Litchfield Hills Research analyst T. O'neill now forecasts 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.

VEON (NASDAQ:VEON - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The Wireless communications provider reported $1.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.23. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.23 billion. VEON had a return on equity of 14.93% and a net margin of 1.24%.During the same period last year, the business posted $8.30 EPS.

VEON has been the subject of a number of other reports. Wall Street Zen upgraded shares of VEON from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. Northland Securities began coverage on shares of VEON in a research note on Tuesday, June 9th. They set an "outperform" rating and a $70.00 price objective for the company. Benchmark reissued a "buy" rating on shares of VEON in a research report on Monday, June 15th. Zacks Research upgraded shares of VEON from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of VEON in a report on Thursday, August 13th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $72.00.

VEON Price Performance

Shares of VEON stock opened at $59.38 on Monday. VEON has a 1-year low of $42.60 and a 1-year high of $63.29. The stock's 50-day moving average is $53.39 and its 200 day moving average is $52.61. The company has a market cap of $4.39 billion, a P/E ratio of 69.86 and a beta of 1.65. The company has a debt-to-equity ratio of 2.30, a current ratio of 0.97 and a quick ratio of 0.96.

Insider Transactions at VEON

In other VEON news, Director Augie K. Fabela II purchased 15,000 shares of VEON stock in a transaction on Thursday, August 6th. The stock was bought at an average cost of $56.00 per share, with a total value of $840,000.00. Following the transaction, the director owned 91,000 shares of the company's stock, valued at $5,096,000. This represents a 19.74% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. lifted its stake 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 valued at $66,000 after purchasing an additional 388 shares during the period. Royal Bank of Canada increased its holdings in VEON by 184.3% in the fourth quarter. Royal Bank of Canada now owns 2,431 shares of the Wireless communications provider's stock valued at $128,000 after buying an additional 1,576 shares in the last quarter. Truist Financial Corp increased its holdings in VEON by 5.1% in 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 in the last quarter. CWM LLC acquired a new position in shares of VEON in the fourth quarter worth about $219,000. Finally, Lazard Asset Management LLC acquired a new position in shares of VEON in the third quarter worth about $252,000. 21.30% of the stock is currently owned by hedge funds and other institutional investors.

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.

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