VEON Ltd. (NASDAQ:VEON) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of VEON Ltd. (NASDAQ:VEON) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $90.33.

Several research firms recently weighed in on VEON. Wall Street Zen upgraded VEON from a “buy” rating to a “strong-buy” rating in a report on Saturday. Zacks Research raised VEON from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Cantor Fitzgerald initiated coverage on VEON in a research report on Friday, October 2nd. They set an “overweight” rating and a $112.00 target price for the company. Weiss Ratings raised VEON from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Finally, Northland Securities set a $85.00 target price on VEON and gave the stock an “outperform” rating in a research report on Tuesday, September 29th.

Key VEON News

Here are the key news stories impacting VEON this week:

• Positive Sentiment: Third-quarter revenue rose 17.2% year over year to $1.307 billion, while digital services reached 27.2% of revenue. VEON raised the midpoint of its 2026 revenue and EBITDA outlook; revenue guidance is $5.1 billion–$5.2 billion, around analyst expectations. VEON Q3 results and outlook
• Positive Sentiment: VEON completed its $81 million acquisition of OLX Kazakhstan, adding a large classifieds platform to its digital-commerce operations. The deal was also cited alongside the company’s swing to a third-quarter profit. OLX Kazakhstan acquisition
• Positive Sentiment: The company plans to acquire a 33.75% interest in Jungo TV, including access to All Women’s Sports Network content. VEON aims to use its platforms and Jungo’s distribution reach to grow digital entertainment. Jungo TV and AWSN investment
• Neutral Sentiment: VEON reported EPS of $2.67, well above the $1.72 consensus, but coverage noted the beat was substantially driven by one-time gains, making it a less clear measure of recurring performance. Revenue was in line with estimates. Q3 earnings analysis
• Negative Sentiment: VEON identified fuel shortages as its biggest threat, a potential operational risk that could weigh on its markets even as it pursues growth in satellite data and digital services. Fuel shortages and growth risks

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. R Squared Ltd increased its holdings in VEON by 2.6% in the 3rd quarter. R Squared Ltd now owns 6,110 shares of the Wireless communications provider’s stock valued at $452,000 after purchasing an additional 153 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of VEON during the 3rd quarter worth about $53,000. Crossmark Global Holdings Inc. purchased a new position in VEON in the third quarter valued at about $243,000. QRG Capital Management Inc. raised its stake in VEON by 10.7% during the second quarter. QRG Capital Management Inc. now owns 19,436 shares of the Wireless communications provider’s stock worth $1,015,000 after acquiring an additional 1,879 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in VEON during the second quarter worth approximately $170,000. Hedge funds and other institutional investors own 21.30% of the company’s stock.

VEON Price Performance

VEON stock opened at $77.57 on Monday. The company has a 50-day moving average price of $74.68 and a 200 day moving average price of $58.39. VEON has a 12-month low of $42.60 and a 12-month high of $89.00. The stock has a market cap of $5.74 billion, a P/E ratio of 91.26 and a beta of 1.65. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 2.30.

VEON (NASDAQ:VEON) last posted its earnings results on Friday, November 6th. The Wireless communications provider reported $2.67 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.95. VEON had a return on equity of 14.93% and a net margin of 1.24%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.31 billion. Sell-side analysts anticipate that VEON will post 7.39 earnings per share for the current year.

VEON Company Profile

VEON Ltd. is a global digital communications and services company that provides mobile connectivity, fixed broadband, and digital products to consumers and businesses. The company operates through a portfolio of local telecommunications brands, offering voice and messaging services, mobile data, broadband access, and related enterprise solutions.

VEON’s principal operating brands include Kyivstar in Ukraine, Jazz in Pakistan, Banglalink in Bangladesh, and Beeline-branded businesses in Kazakhstan, Uzbekistan, and Kyrgyzstan.