VEON (NASDAQ:VEON) Stock Rating Lowered by Wall Street Zen

VEON (NASDAQ:VEON) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

A number of other research firms have also commented on VEON. Zacks Research lowered VEON from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th. Benchmark reaffirmed a “buy” rating on shares of VEON in a report on Monday, June 15th. Weiss Ratings cut VEON from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 18th. Rothschild & Co Redburn set a $74.00 price objective on VEON and gave the stock a “buy” rating in a report on Thursday, April 16th. Finally, Northland Securities started 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 equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $72.00.

VEON Price Performance

Shares of VEON opened at $52.29 on Friday. The company has a market capitalization of $3.87 billion, a P/E ratio of 61.52 and a beta of 1.65. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 2.15. The firm has a 50 day moving average of $52.49 and a 200 day moving average of $52.40. VEON has a twelve month low of $42.60 and a twelve month high of $64.00.

VEON (NASDAQ:VEON) last announced its quarterly earnings data on Friday, July 31st. The Wireless communications provider reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.23. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.23 billion. VEON had a net margin of 1.24% and a return on equity of 15.37%. During the same period in the previous year, the business earned $8.30 EPS. As a group, equities research analysts anticipate that VEON will post 6.99 earnings per share for the current fiscal year.

Hedge Funds Weigh In On VEON

Several hedge funds and other institutional investors have recently modified their holdings of the company. Lingotto Investment Management LLP grew its holdings in shares of VEON by 0.3% in the fourth quarter. Lingotto Investment Management LLP now owns 6,060,852 shares of the Wireless communications provider’s stock worth $318,619,000 after acquiring an additional 16,758 shares during the period. Wellington Management Group LLP increased its position 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 acquiring an additional 390,294 shares during the last quarter. Solus Alternative Asset Management LP increased its position in VEON by 3.6% during the fourth quarter. Solus Alternative Asset Management LP now owns 887,002 shares of the Wireless communications provider’s stock valued at $46,630,000 after acquiring an additional 30,900 shares during the last quarter. Panview Capital Ltd lifted its holdings in 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 acquiring an additional 101,906 shares during the period. Finally, Two Sigma Investments LP lifted its holdings in VEON by 31.5% in the third quarter. Two Sigma Investments LP now owns 276,426 shares of the Wireless communications provider’s stock valued at $15,046,000 after acquiring an additional 66,153 shares during the period. 21.30% of the stock is owned by institutional investors.

Key Headlines Impacting VEON

Here are the key news stories impacting VEON this week:

• Positive Sentiment: Raised 2026 outlook: VEON increased its full-year revenue guidance to $5.1 billion-$5.2 billion, above the $4.9 billion analyst consensus, and also raised its EBITDA outlook. Reuters article
• Positive Sentiment: Digital business is gaining momentum: Second-quarter digital revenue rose 53.6% year over year to $342 million, representing 26.9% of group revenue, while digital EBITDA margin reached 36.1%. Total revenue increased 17.0% to $1.271 billion. VEON second-quarter results
• Positive Sentiment: Quarterly results exceeded expectations: VEON reported EPS of $1.69 versus the $1.59 consensus and revenue of $1.27 billion versus expectations of $1.23 billion. VEON earnings report
• Neutral Sentiment: CEO Kaan Terzioglu emphasized expanding beyond traditional telecommunications into broader digital services, while management highlighted additional digital investments in Ukraine. The strategy could support longer-term growth but depends on successful execution. VEON CEO interview
• Neutral Sentiment: Analysts cited a $72 price target, implying upside from the recent trading level, although another valuation analysis estimated approximately 13% downside, reflecting differing views on VEON’s fair value. Analyst price target article
• Negative Sentiment: Despite beating estimates, quarterly EPS fell substantially from $8.30 in the prior-year period. VEON also carries elevated leverage, with a debt-to-equity ratio of 2.15, which may limit investor enthusiasm.

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.