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

VEON (NASDAQ:VEON) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday, Wall Street Zen reports.

VEON has been the topic of a number of other reports. Weiss Ratings raised VEON from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Cantor Fitzgerald assumed coverage on shares of VEON in a research report on Friday, October 2nd. They issued an “overweight” rating and a $112.00 price target for the company. Northland Securities set a $85.00 price target on shares of VEON and gave the company an “outperform” rating in a research report on Tuesday, September 29th. Finally, Zacks Research upgraded shares of VEON from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, VEON currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.33.

VEON Stock Performance

Shares of VEON stock opened at $77.57 on Friday. VEON has a one year low of $42.60 and a one year high of $89.00. The firm has a market capitalization of $5.74 billion, a price-to-earnings ratio of 14.47 and a beta of 1.65. The business has a 50-day simple moving average of $74.68 and a 200 day simple moving average of $58.39. The company has a debt-to-equity ratio of 2.30, a current ratio of 0.97 and a quick ratio of 0.96.

VEON (NASDAQ:VEON) last posted its quarterly earnings results on Friday, November 6th. The Wireless communications provider reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.95. VEON had a return on equity of 20.88% and a net margin of 7.62%. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. On average, research analysts anticipate that VEON will post 7.39 earnings per share for the current fiscal year.

Hedge Funds Weigh In On VEON

A number of hedge funds have recently added to or reduced their stakes in VEON. R Squared Ltd boosted its position in shares of VEON by 2.6% during the third quarter. R Squared Ltd now owns 6,110 shares of the Wireless communications provider’s stock valued at $452,000 after buying an additional 153 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in VEON during the third quarter worth $53,000. Crossmark Global Holdings Inc. bought a new stake in VEON during the third quarter worth $243,000. QRG Capital Management Inc. grew its holdings 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 buying an additional 1,879 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in VEON in the 2nd quarter valued at $170,000. Institutional investors and hedge funds own 21.30% of the company’s stock.

Trending Headlines about VEON

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

VEON Company Profile

VEON Ltd. is an international telecommunications and digital services company that provides mobile and fixed connectivity, along with consumer and business services. Its offerings include voice and data plans, broadband, digital payments, entertainment, and other services delivered through its networks and digital platforms.

The company serves customers in Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine, and Uzbekistan through local operating companies and brands, including Banglalink, Jazz, Kyivstar, and Beeline.