VEON FY2026 EPS Forecast Lifted by Litchfield Hills Research

VEON Ltd. (NASDAQ:VEON) – Equities research analysts at Litchfield Hills Research upped their FY2026 earnings per share (EPS) estimates for VEON in a research report issued to clients and investors on Wednesday, March 18th. Litchfield Hills Research analyst T. O’neill now forecasts that the Wireless communications provider will post earnings per share of $8.56 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.

Other research analysts have also issued research reports about the stock. Zacks Research upgraded shares of VEON from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 8th. Wall Street Zen upgraded shares of VEON from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Benchmark reissued a “buy” rating on shares of VEON in a report on Friday, March 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VEON in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $60.00.

VEON Stock Down 2.2%

VEON stock opened at $49.31 on Friday. The firm has a 50 day moving average of $53.42 and a 200 day moving average of $52.23. The stock has a market capitalization of $3.40 billion, a PE ratio of 6.64 and a beta of 1.59. The company has a quick ratio of 0.94, a current ratio of 0.91 and a debt-to-equity ratio of 2.47. VEON has a 52 week low of $34.55 and a 52 week high of $64.00.

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

Institutional Investors Weigh In On VEON

Several hedge funds have recently added to or reduced their stakes in the business. Panview Capital Ltd acquired a new stake in VEON during the 3rd quarter worth about $22,481,000. Wellington Management Group LLP lifted its holdings in shares of VEON by 66.5% in the 4th quarter. Wellington Management Group LLP now owns 977,400 shares of the Wireless communications provider’s stock valued at $51,382,000 after buying an additional 390,294 shares during the period. Mackenzie Financial Corp purchased a new stake in shares of VEON in the third quarter worth about $15,005,000. Pictet Asset Management Holding SA boosted its stake in shares of VEON by 77.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 225,643 shares of the Wireless communications provider’s stock worth $11,862,000 after buying an additional 98,618 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in VEON by 275.3% during the third quarter. Millennium Management LLC now owns 133,478 shares of the Wireless communications provider’s stock worth $7,265,000 after acquiring an additional 97,913 shares during the period. 21.30% of the stock is owned by hedge funds and other institutional investors.

More VEON News

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.