VEON (NASDAQ:VEON) Upgraded to Strong-Buy at Zacks Research

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

A number of other equities analysts also recently weighed in on VEON. Wall Street Zen upgraded VEON from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Benchmark reaffirmed a “buy” rating on shares of VEON in a research report on Friday, March 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of VEON in a report on Monday, December 29th. Two investment 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 company’s stock. According to data from MarketBeat.com, the stock 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 company has a current ratio of 0.91, a quick ratio of 0.94 and a debt-to-equity ratio of 2.47. The stock has a market cap of $3.40 billion, a PE ratio of 6.64 and a beta of 1.59. The stock’s fifty day simple moving average is $53.42 and its two-hundred day simple moving average is $52.23. VEON has a 1-year low of $34.55 and a 1-year high of $64.00.

VEON (NASDAQ:VEON) last released its quarterly earnings results on Friday, March 13th. The Wireless communications provider reported ($0.39) earnings per share 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 firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.12 billion.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Lingotto Investment Management LLP boosted its holdings in shares of VEON by 0.3% in the fourth quarter. Lingotto Investment Management LLP now owns 6,060,852 shares of the Wireless communications provider’s stock worth $318,619,000 after acquiring an additional 16,758 shares during the period. Shah Capital Management lifted its stake in VEON by 1.5% during the fourth quarter. Shah Capital Management now owns 4,895,252 shares of the Wireless communications provider’s stock worth $257,343,000 after purchasing an additional 70,831 shares during the last quarter. Wellington Management Group LLP lifted its stake in VEON by 66.5% during the fourth quarter. Wellington Management Group LLP now owns 977,400 shares of the Wireless communications provider’s stock worth $51,382,000 after purchasing an additional 390,294 shares during the last quarter. Solus Alternative Asset Management LP boosted its holdings in shares of VEON by 3.6% in the 4th quarter. Solus Alternative Asset Management LP now owns 887,002 shares of the Wireless communications provider’s stock worth $46,630,000 after purchasing an additional 30,900 shares in the last quarter. Finally, Panview Capital Ltd boosted its holdings in shares of VEON by 24.7% in the 4th quarter. Panview Capital Ltd now owns 514,927 shares of the Wireless communications provider’s stock worth $27,070,000 after purchasing an additional 101,906 shares in the last quarter. 21.30% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting 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.