Q2 Earnings Forecast for VEON Issued By Northland Securities

VEON Ltd. (NASDAQ:VEON) – Equities research analysts at Northland Securities issued their Q2 2026 earnings estimates for shares of VEON in a research note issued on Tuesday, June 9th. Northland Securities analyst T. Savageaux expects that the Wireless communications provider will earn $1.59 per share for the quarter. 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 $7.33 per share. Northland Securities also issued estimates for VEON’s Q3 2026 earnings at $1.72 EPS, Q4 2026 earnings at $1.91 EPS and FY2026 earnings at $6.65 EPS.

A number of other equities research analysts have also recently commented on VEON. Rothschild & Co Redburn set a $74.00 price objective on shares of VEON and gave the company a “buy” rating in a research note on Thursday, April 16th. Wall Street Zen lowered shares of VEON from a “strong-buy” rating to a “buy” rating in a report on Tuesday, May 26th. Benchmark restated a “buy” rating on shares of VEON in a report on Friday, March 13th. Zacks Research lowered shares of VEON from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Weiss Ratings lowered shares of VEON from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $68.00.

VEON Price Performance

Shares of NASDAQ VEON opened at $49.47 on Thursday. The stock has a market cap of $3.66 billion, a price-to-earnings ratio of 6.63 and a beta of 1.63. VEON has a 52 week low of $34.55 and a 52 week high of $64.00. The company’s 50-day moving average price is $52.20 and its 200 day moving average price is $52.39. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 2.15.

VEON (NASDAQ:VEON) last issued its quarterly earnings data on Thursday, April 30th. The Wireless communications provider reported $1.50 EPS for the quarter. VEON had a net margin of 11.65% and a return on equity of 44.43%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Shah Capital Management lifted its holdings in shares of VEON by 1.5% during the 4th quarter. Shah Capital Management now owns 4,895,252 shares of the Wireless communications provider’s stock worth $257,343,000 after acquiring an additional 70,831 shares during the period. Diversify Wealth Management LLC purchased a new position in shares of VEON during the 3rd quarter worth about $1,078,000. Panview Capital Ltd purchased a new position in shares of VEON during the 3rd quarter worth about $22,481,000. Pictet Asset Management Holding SA lifted its holdings in shares of VEON by 77.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 225,643 shares of the Wireless communications provider’s stock worth $11,862,000 after acquiring an additional 98,618 shares during the period. Finally, Envestnet Asset Management Inc. purchased a new position in shares of VEON during the 3rd quarter worth about $1,645,000. 21.30% of the stock is currently owned by hedge funds and other institutional investors.

Key VEON News

Here are the key news stories impacting VEON this week:

• Positive Sentiment: VEON appointed Serkan Ozturk as Chief of Staff & Strategy Officer, a move aimed at improving strategic execution, cross-functional alignment, and delivery of key initiatives. The hire may reassure investors that management is tightening execution around its growth agenda. VEON Appoints Serkan Ozturk as Chief of Staff & Strategy Officer
• Positive Sentiment: Banglalink, VEON’s Bangladesh unit, will stream all 104 matches of the 2026 World Cup on Toffee, which could boost digital engagement, subscriber activity, and ad-supported viewing in a major market. VEON’s Banglalink Brings Every World Cup 2026 Match to Football Fans in Bangladesh on Toffee
• Positive Sentiment: Northland Securities initiated coverage with an outperform rating and a $70 price target, signaling Wall Street sees meaningful upside from current levels.
• Neutral Sentiment: VEON also said it is interested in investing in Nagad, which could create a longer-term growth opportunity, but no deal has been announced yet. VEON expresses interest to invest in Nagad
• Neutral Sentiment: Recent analyst estimate cuts for fiscal 2026 and fiscal 2027 reflect some caution on earnings expectations, but the revisions were offset by the stronger strategic and operational news.

About VEON

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.