Northland Securities Increases Earnings Estimates for VEON

Posted by on Aug 6th, 2026

VEON Ltd. (NASDAQ:VEON – Free Report) – Northland Securities raised their FY2026 EPS estimates for shares of VEON in a note issued to investors on Tuesday, August 4th. Northland Securities analyst T. Savageaux now forecasts that the Wireless communications provider will post earnings per share of $7.24 for the year, up from their previous forecast of $6.65. Northland Securities has a “Outperform” rating and a $70.00 price target on the stock. The consensus estimate for VEON’s current full-year earnings is $6.99 per share.

VEON (NASDAQ:VEON – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The Wireless communications provider reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.23. The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.23 billion. VEON had a net margin of 1.24% and a return on equity of 14.93%. During the same period in the prior year, the company posted $8.30 EPS.

Other analysts also recently issued reports about the company. Zacks Research downgraded VEON from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th. Benchmark reaffirmed a “buy” rating on shares of VEON in a report on Monday, June 15th. Weiss Ratings lowered VEON from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 18th. Rothschild & Co Redburn set a $74.00 price target on VEON and gave the company a “buy” rating in a research report on Thursday, April 16th. Finally, Wall Street Zen cut VEON from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $72.00.

View Our Latest Analysis on VEON

VEON Price Performance

Shares of NASDAQ:VEON opened at $54.52 on Thursday. The firm has a market cap of $4.03 billion, a PE ratio of 64.14 and a beta of 1.65. The firm’s fifty day moving average is $52.33 and its 200-day moving average is $52.40. The company has a debt-to-equity ratio of 2.30, a quick ratio of 0.85 and a current ratio of 0.97. VEON has a 52 week low of $42.60 and a 52 week high of $64.00.

Hedge Funds Weigh In On VEON

Hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. grew its holdings in VEON by 36.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,443 shares of the Wireless communications provider’s stock worth $66,000 after acquiring an additional 388 shares during the period. Royal Bank of Canada raised its position in shares of VEON by 184.3% in the 4th quarter. Royal Bank of Canada now owns 2,431 shares of the Wireless communications provider’s stock worth $128,000 after acquiring an additional 1,576 shares in the last quarter. Truist Financial Corp lifted its stake in shares of VEON by 5.1% in the 4th quarter. Truist Financial Corp now owns 4,014 shares of the Wireless communications provider’s stock valued at $211,000 after purchasing an additional 195 shares during the period. Personal CFO Solutions LLC lifted its stake in shares of VEON by 7.0% in the 4th quarter. Personal CFO Solutions LLC now owns 4,097 shares of the Wireless communications provider’s stock valued at $215,000 after purchasing an additional 268 shares during the period. Finally, CWM LLC bought a new stake in shares of VEON during the 4th quarter valued at about $219,000. Institutional investors and hedge funds own 21.30% of the company’s stock.

About VEON

(Get Free Report)

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.

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