VEON FY2026 EPS Increased by Litchfield Hills Research

VEON Ltd. (NASDAQ:VEON) – Litchfield Hills Research raised their FY2026 earnings per share (EPS) estimates for VEON in a research note issued on Wednesday, March 18th. Litchfield Hills Research analyst T. O’neill now expects that the Wireless communications provider will earn $8.56 per share for the year, up from their previous estimate of $7.79. Litchfield Hills Research also issued estimates for VEON’s FY2027 earnings at $9.99 EPS.

VEON (NASDAQ:VEON) last announced its earnings results on Friday, March 13th. The Wireless communications provider reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.79 by ($2.18). The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.12 billion. VEON had a net margin of 12.12% and a return on equity of 47.86%.

Several other analysts have also weighed in on the stock. Benchmark reiterated a “buy” rating on shares of VEON in a research report on Friday, March 13th. Weiss Ratings restated a “hold (c)” rating on shares of VEON in a research note on Monday, December 29th. Zacks Research raised VEON from a “hold” rating to a “strong-buy” rating in a report on Thursday. Finally, Wall Street Zen upgraded VEON from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $60.00.

VEON Price Performance

Shares of NASDAQ:VEON opened at $49.31 on Friday. The stock’s 50 day moving average price is $53.42 and its 200 day moving average price is $52.21. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 6.64 and a beta of 1.59. VEON has a 12 month low of $34.55 and a 12 month high of $64.00. The company has a debt-to-equity ratio of 2.47, a current ratio of 0.91 and a quick ratio of 0.94.

Institutional Trading of VEON

Several hedge funds have recently modified their holdings of VEON. Osaic Holdings Inc. boosted its stake in VEON by 36.8% in the second quarter. Osaic Holdings Inc. now owns 1,443 shares of the Wireless communications provider’s stock worth $66,000 after purchasing an additional 388 shares in the last quarter. Royal Bank of Canada increased its position in VEON by 184.3% in the 4th quarter. Royal Bank of Canada now owns 2,431 shares of the Wireless communications provider’s stock valued at $128,000 after acquiring an additional 1,576 shares in the last quarter. Truist Financial Corp acquired a new stake in VEON in the 3rd quarter valued at about $208,000. Personal CFO Solutions LLC bought a new position in shares of VEON in the third quarter worth about $208,000. Finally, Burns Matteson Capital Management LLC bought a new position in shares of VEON in the third quarter worth about $211,000. Institutional investors and hedge funds own 21.30% of the company’s stock.

VEON News Summary

Here are the key news stories impacting VEON this week:

• Positive Sentiment: Litchfield Hills Research raised FY2026 and FY2027 EPS forecasts (FY2026 to $8.56 from $7.79; FY2027 to $9.99), signalling stronger forward earnings expectations that support valuation. Litchfield Hills Research upgrade
• Positive Sentiment: VEON’s Q4 2025 earnings call highlighted robust revenue growth and continued investment in digital services/monetization, which underpin the bull case of higher-margin service mix and recurring revenue. Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Zacks runs a valuation-focused review for value investors; the write-up notes VEON’s low P/E (~6.6) and potential upside but balances that against geopolitical, FX and leverage risks — useful context but not an immediate catalyst. Zacks: Should Value Investors Buy VEON?
• Neutral Sentiment: Several media pieces about Le’Veon Bell surfaced today but are unrelated to VEON Ltd.’s telecom operations and are unlikely to affect the stock. Le’Veon Bell coverage
• Negative Sentiment: Despite the raised 2026 guidance and a leadership reshuffle, a recent article noted a sharp intraday drop (reported earlier) after the announcements — suggesting investor skepticism about execution, capital allocation and corporate governance. That skepticism is amplified by VEON’s high leverage (debt/equity ~2.47) and the company’s prior messy quarterly EPS miss, which keep downside risk elevated. VEON down after guidance raise and leadership revamp

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.