VEON (NASDAQ:VEON) Upgraded at Zacks Research

Zacks Research upgraded shares of VEON (NASDAQ:VEON) from a hold rating to a strong-buy rating in a research note published on Thursday,Zacks.com reports.

VEON has been the subject of several other reports. Benchmark reaffirmed a “buy” rating on shares of VEON in a report on Friday, March 13th. Wall Street Zen raised VEON from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VEON in a research note on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $60.00.

VEON Price Performance

Shares of NASDAQ:VEON opened at $49.31 on Thursday. The firm has a market cap of $3.40 billion, a PE ratio of 6.64 and a beta of 1.59. VEON has a 52 week low of $34.55 and a 52 week high of $64.00. The firm’s fifty day moving average is $53.42 and its 200-day moving average is $52.21. The company has a debt-to-equity ratio of 2.47, a quick ratio of 0.94 and a current ratio of 0.91.

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

Institutional Trading of VEON

A number of hedge funds have recently made changes to their positions in VEON. Diversify Wealth Management LLC bought a new position in shares of VEON during the third quarter valued at $1,078,000. Panview Capital Ltd purchased a new stake in VEON during the 3rd quarter valued at about $22,481,000. RWC Asset Management LLP bought a new stake in VEON during the 3rd quarter valued at about $2,048,000. Dorsey Wright & Associates bought a new stake in VEON during the 3rd quarter valued at about $1,273,000. Finally, Squarepoint Ops LLC purchased a new position in VEON in the second quarter worth about $634,000. 21.30% of the stock is owned by institutional investors.

Trending Headlines about VEON

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

VEON Company Profile

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.