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USCommunication Services

VEON Ltd (VEON)

US · Communication Services · Telecom Services

$68.81+0.44%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$1.27B
Revenue YoY
+16.9%
Net profit
$122.0M
Profit YoY
-79.5%
EPS
$1.69
EPS estimate
$1.59
Net margin
9.6%

EPS came in at 1.69 against a street estimate of 1.59 — a beat of 6.3%.

Key statistics

Market cap
$4.67B
P/E
67.9
Forward P/E
7.7
P/B
3.10
Book value
$21.71
EPS (TTM)
$1.00
52-week high
$69.50
52-week low
$42.60
50-day MA
$56.70
200-day MA
$53.39
Beta
1.63

Analyst view

Analysts rate VEON Ltd a strong buy (2 buy, 0 hold, 0 sell out of 2) with an average price target of $83.59.

From the latest earnings call · 2026-07-31

CONFIDENT VEON raised FY26 guidance on strong digital growth (53.6% revenue, 66.2% EBITDA) and margin expansion. Digital now 27% of revenue with 36% EBITDA margin. Telecom stable; $183M share buybacks announced with $100M minimum annual commitment. Q2 FY26 All five markets grew revenue. Kazakhstan faced 6% VAT hike, smartphone bundling revenue recognition timing, and margin pressure (-7-9% YoY). Bangladesh impacted by energy outages (15% data reduction) but World Cup monetization ($12M digital contribution) and fintech pipeline offset. Pakistan and Ukraine executing reliably. Analysts pressed on guidance magnitude vs prior quarter caution (Paton), digital returns on capital evolution (Paton), Kazakhstan margin durability (Findlay), and multiplay penetration headroom (Mostafa). Management attributed raises to organic execution, digital margin outperformance, and macro stability vs Q1 conc…

Full summary in the app.

Shareholding

Insiders
2.24%
Institutions
24.08%

Largest institutional holders

FundStake
Exor Investments (UK) LLP7.65%
Shah Capital Management6.78%
Solus Alternative Asset Management LP1.29%
Wellington Management Company LLP1.13%
Morgan Stanley - Brokerage Accounts1.12%
Panview Capital Ltd0.92%
BNP Paribas Investment Partners SA0.73%
VR Advisory Services Ltd0.57%

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Data updated 2026-09-18.