Kyivstar Group (NASDAQ:KYIV) Releases Earnings Results, Misses Expectations By $0.02 EPS

Kyivstar Group (NASDAQ:KYIV) released its quarterly earnings results on Friday. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.02), FiscalAI reports. The company had revenue of $334.66 million for the quarter.

Here are the key takeaways from Kyivstar Group’s conference call:

• Positive Sentiment: Kyivstar reported strong second-quarter results, with revenue up 19% year over year to $339 million, EBITDA up 14% to $188 million, and equity free cash flow up 32% to $104 million. Management raised full-year guidance for revenue and EBITDA growth for the second time this year.
• Positive Sentiment: Digital revenue surged 83% to $74 million, reaching nearly 22% of total revenue, while digital EBITDA remained profitable at $31 million. Uklon was the largest contributor, with revenue up more than 50%, and Helsi and Tabletki added further growth in the digital health ecosystem.
• Positive Sentiment: Telecom fundamentals remained resilient despite a nearly 3% decline in mobile subscribers: churn improved to just over 14%, IRPU rose 11% to $3.90, 4G penetration exceeded 70%, and data usage increased more than 18%. Multi-play customers reached 8.1 million and generate nearly 50% more ARPU than mobile-only customers.
• Positive Sentiment: The company completed an $81 million acquisition of six solar plants totaling 105 MW, bringing renewable capacity to 118 MW and potentially covering about 30% of annual telecom electricity consumption. Kyivstar said the assets should hedge energy costs and strengthen operational resilience during the war.
• Negative Sentiment: Net profit fell nearly 6% to $77 million because of a $21 million non-cash fair-value charge on listed warrants; excluding that item, profit would have been $98 million. Management also expects mobile subscriber pressure to persist due to double-SIM unwinding, pricing effects, and unfavorable demographics, while the second-half EBITDA comparison becomes tougher as acquisition and accounting benefits normalize.

Kyivstar Group Stock Down 3.3%

KYIV traded down $0.46 on Friday, reaching $13.56. The company’s stock had a trading volume of 1,442,882 shares, compared to its average volume of 741,278. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.22. Kyivstar Group has a fifty-two week low of $9.29 and a fifty-two week high of $16.55. The stock has a 50 day moving average of $14.41 and a two-hundred day moving average of $12.78. The company has a market capitalization of $3.13 billion and a price-to-earnings ratio of 12.67.

Institutional Trading of Kyivstar Group

Several institutional investors and hedge funds have recently made changes to their positions in KYIV. Caitong International Asset Management Co. Ltd purchased a new position in Kyivstar Group during the 4th quarter worth approximately $54,000. Rangeley Capital LLC purchased a new position in shares of Kyivstar Group during the first quarter worth approximately $101,000. Quadrature Capital Ltd acquired a new stake in Kyivstar Group during the 4th quarter worth $133,000. Goldman Sachs Group Inc. purchased a new position in Kyivstar Group during the 4th quarter worth $249,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Kyivstar Group in the fourth quarter valued at about $279,000.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Weiss Ratings raised Kyivstar Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Morgan Stanley assumed coverage on shares of Kyivstar Group in a report on Friday, June 5th. They issued an “equal weight” rating and a $17.00 target price on the stock. Wall Street Zen raised shares of Kyivstar Group from a “hold” rating to a “buy” rating in a research note on Monday, June 15th. Finally, Barclays began coverage on Kyivstar Group in a research note on Wednesday, April 8th. They set an “overweight” rating and a $12.50 target price on the stock. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Kyivstar Group currently has an average rating of “Moderate Buy” and an average target price of $16.62.

Trending Headlines about Kyivstar Group

Here are the key news stories impacting Kyivstar Group this week:

• Positive Sentiment: Kyivstar reported second-quarter revenue of approximately $339 million, up 19.3% year over year, while EBITDA increased 13.7% to $188 million. Digital revenue was particularly strong, rising 83% to $73.7 million and reaching 21.7% of total revenue. Kyivstar Reports 2Q26 Results
• Positive Sentiment: Management raised its 2026 forecast, now expecting USD revenue growth of 14%–16%, compared with 11%–14% previously, and EBITDA growth of 9%–12%, compared with 7%–10% previously. Equity free cash flow rose 32.2% to $104 million in the quarter, supporting the company’s investment plans. Kyivstar Raises Full-Year Outlook
• Positive Sentiment: Growth was broad-based: mobile ARPU rose 11.2%, multiplay customers increased 23.6%, and digital businesses including Uklon, Kyivstar TV and Helsi expanded. Starlink Direct-to-Cell availability and renewable-energy investments may improve network resilience in Ukraine.
• Neutral Sentiment: Kyivstar posted net income of $77 million and EPS of $0.33, but the result included a $21.2 million non-cash fair-value charge related to outstanding warrants. The company’s revenue was reported at roughly $334.7 million by some financial data providers, indicating possible differences in reporting measures.
• Negative Sentiment: EPS fell short of the $0.35 analyst consensus, creating a near-term earnings disappointment despite the stronger revenue and outlook figures. Kyivstar Earnings Report
• Negative Sentiment: Kyivstar’s July Form 6-K highlighted continuing war-related, geopolitical, infrastructure and currency risks. These factors could affect customer demand, network operations, capital spending and the conversion of Ukrainian-hryvnia results into U.S. dollars. Kyivstar July 2026 Form 6-K

Kyivstar Group Company Profile

Kyivstar Group (NASDAQ:KYIV) is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine’s largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.