VEON (VEON) Projected to Announce Quarterly Earnings on Friday

VEON (NASDAQ:VEON) is expected to post its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect the company to announce earnings of $1.61 per share and revenue of $1.2294 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 31, 2026 at 9:00 AM ET.

VEON (NASDAQ:VEON) last posted its earnings results on Thursday, April 30th. The Wireless communications provider reported $1.50 EPS for the quarter. VEON had a return on equity of 44.43% and a net margin of 11.65%. On average, analysts expect VEON to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

VEON Stock Down 0.2%

Shares of VEON stock opened at $51.60 on Wednesday. The company has a debt-to-equity ratio of 2.15, a current ratio of 0.86 and a quick ratio of 0.85. VEON has a 1-year low of $42.60 and a 1-year high of $64.00. The business’s fifty day moving average price is $52.74 and its two-hundred day moving average price is $52.40. The company has a market capitalization of $3.82 billion, a P/E ratio of 6.92 and a beta of 1.64.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VEON. Benchmark reaffirmed a “buy” rating on shares of VEON in a report on Monday, June 15th. Zacks Research lowered shares of VEON from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 16th. Weiss Ratings cut shares of VEON from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. Rothschild & Co Redburn set a $74.00 target price on VEON and gave the stock a “buy” rating in a report on Thursday, April 16th. Finally, Northland Securities initiated coverage on VEON in a research report on Tuesday, June 9th. They issued an “outperform” rating and a $70.00 target price for the company. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, VEON currently has an average rating of “Hold” and an average target price of $72.00.

Hedge Funds Weigh In On VEON

Several hedge funds have recently made changes to their positions in VEON. Wellington Management Group LLP lifted its stake in VEON by 66.5% during the fourth quarter. Wellington Management Group LLP now owns 977,400 shares of the Wireless communications provider’s stock valued at $51,382,000 after purchasing an additional 390,294 shares during the last quarter. Mackenzie Financial Corp acquired a new position in VEON in the third quarter worth approximately $15,005,000. Panview Capital Ltd increased its holdings in shares of VEON by 24.7% in the fourth quarter. Panview Capital Ltd now owns 514,927 shares of the Wireless communications provider’s stock valued at $27,070,000 after buying an additional 101,906 shares in the last quarter. Millennium Management LLC lifted its position in shares of VEON by 275.3% during the 3rd quarter. Millennium Management LLC now owns 133,478 shares of the Wireless communications provider’s stock valued at $7,265,000 after acquiring an additional 97,913 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of VEON during the 4th quarter worth $3,575,000. Institutional investors and hedge funds 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.