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    VEON Ltd (VEON)

    Official site

    COMMUNICATION SERVICES • TELECOM SERVICES • NASDAQ

    $82.81
    +2.35 (+2.92%)

    Market Cap: $5.57B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    42%(14/33)
    Avg Surprise
    +15.84%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.72
    Range$1.49 - $1.95
    2 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$1.720.0%
    60d ago$1.46+17.8%
    30d ago$1.60+7.2%
    7d ago$1.720.0%
    Current$1.72
    Revenue Consensus
    $1.3B
    Range$1.3B - $1.3B
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.42
    Range$1.67 - $3.44
    6 analysts
    Revenue Consensus
    $1.4B
    Range$1.3B - $1.4B
    6 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$2.42---
    Sep 26EST
    -$1.72---
    Jun 26
    Reported Jul 31
    $1.69$1.59+6.29%Beat-79.6%
    Mar 26
    Reported May 13
    $1.41$1.30+8.46%Beat+3.7%
    Dec 25
    Reported Mar 13
    $-0.41N/A-121.74%Miss-129.9%
    Sep 25
    Reported Nov 10
    $-0.47N/A-134.06%Miss-146.5%
    Jun 25
    Reported Aug 7
    $8.30$0.86+865.12%Beat+497.1%
    Mar 25
    Reported May 15
    $1.36$1.04+30.77%Beat+41.3%
    Mar 25
    Reported May 15
    $1.36$0.83+63.86%Beat+67.6%
    Dec 24
    Reported Mar 20
    $1.01$0.92+9.78%Beat+102.0%
    Sep 24
    Reported Nov 14
    $1.39$0.57+143.86%Beat-78.2%
    Jun 24
    Reported Aug 8
    $0.96$0.00N/ABeat-72.3%
    Mar 24
    Reported May 16
    $0.81$0.00N/ABeat-83.4%
    Dec 23
    Reported Mar 21
    $-50.76N/AN/ABeat-
    Sep 23
    Reported Nov 20
    $6.38N/AN/ABeat+2299.7%
    Jun 23
    Reported Aug 29
    $3.48N/AN/ABeat+8588.0%
    Mar 23
    Reported Jun 29
    $4.89$0.00N/ABeat+102.9%
    Dec 22
    Reported Mar 16
    $0.00$0.00N/ABeat-100.0%
    Sep 22
    Reported Nov 3
    $-0.29$0.10-382.65%Miss-112.7%
    Jun 22
    Reported Aug 4
    $0.04N/A-56.57%Miss-97.3%
    Mar 22
    Reported Jun 28
    $2.41$3.00-19.67%Miss+39.3%
    Dec 21
    Reported Feb 28
    $0.05N/A-97.55%Miss-93.2%
    Sep 21
    Reported Oct 28
    $2.28$2.75-17.09%Miss-6.6%
    Jun 21
    Reported Aug 30
    $1.50$1.92-21.88%Miss-34.5%
    Mar 21
    Reported Apr 29
    $1.73$1.75-1.14%Miss+11.6%
    Dec 20
    Reported Feb 18
    $0.75$0.50+50.00%Beat+200.0%
    Sep 20
    Reported Oct 29
    $2.44$1.17+108.55%Beat+201.2%
    Jun 20
    Reported Aug 6
    $2.29$0.19+1105.26%Beat+97.4%
    Mar 20
    Reported May 7
    $1.55$1.50+3.33%Beat-45.6%
    Dec 19
    Reported Mar 13
    $0.25$0.25+0.00%Beat+0.0%
    Sep 19
    Reported Nov 4
    $0.81$1.25-35.20%Miss-84.6%
    Jun 19
    Reported Aug 1
    $1.16$2.25-48.44%Miss+161.1%
    Mar 19
    Reported May 2
    $2.85$1.50+90.00%Beat+1040.0%
    Dec 18
    Reported Feb 25
    $0.25$0.46-45.65%Miss+109.1%
    Sep 18
    Reported Nov 8
    $5.25$1.50+250.00%Beat+267.1%
    Jun 18
    Reported Aug 2
    $-1.90$1.00-290.00%Miss-416.7%
    Mar 18
    Reported May 14
    $0.25N/A-80.00%Miss-98.9%
    Dec 17
    Reported Mar 15
    $-2.76$0.50-652.00%Miss-27500.0%
    Sep 17
    Reported Nov 9
    $1.43$2.00-28.50%Miss-
    Jun 17
    Reported Aug 3
    $0.60N/A-78.18%Miss-
    Mar 17
    Reported May 11
    $22.25$22.51-1.16%Miss-
    Dec 16
    Reported Feb 27
    $-0.01N/A-101.00%Miss-

    Dividends

    Dividend Metrics

    Forward Yield0.00%
    Forward Annual Dividend$0.00
    Payout Ratio0.00%
    No dividend payments in the selected period.

    Key Metrics

    Valuation
    P/E Ratio37.24EV/EBITDAN/A
    Price/FCF7.09xFCF Yield14.11%
    Profitability
    Profit Margin1.24%Operating Margin25.80%
    ROE7.49%ROICN/A
    Financial Health
    Debt/EquityN/AInterest Coverage1.38x
    Current Ratio0.97xQuick Ratio0.96x
    Trading Statistics
    Beta1.61Avg Volume204.06K
    52-Week High$82.0952-Week Low$42.60

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$78.50
    SMA 20$75.02
    SMA 50$67.00
    SMA 200$56.05
    EMA 10$78.64
    EMA 20$75.50
    EMA 50$68.75
    EMA 200$58.16

    MACD

    Line: 4.11Signal: 3.77Hist: 0.34

    ADX

    ADX: 47.8+DI: 35.5-DI: 7.6

    Aroon & PSAR

    Aroon Up100.0
    Aroon DownN/A
    PSAR$74.11

    Bollinger Bands

    Upper Band$83.51
    Lower Band$66.52
    %B Position2264%(Upper)
    Band Width0.96

    RSI (14-Day)

    Overbought
    79.0

    Momentum Oscillators

    Stoch %K88.6
    Stoch %D88.9
    Williams %R-14.1
    ROC (10d)12.0%
    Momentum8.89
    CCI (20d)144.2
    MFI (14d)78.7

    Volatility Measures

    ATR (14d)$2.96(3.6%)
    StdDev (20d)4.25
    Hist Vol39.6%(Moderate)

    Volume Flow

    VWAP$82.29
    OBV6.4M
    AD Line-3.0M
    CMF (20d)-0.008

    Volume Metrics

    Avg Vol (20d)205.8K
    Vol Ratio1.5x(High)
    VWMA (20d)$75.25

    Pivot Points

    R3$82.66
    R2$82.10
    R1$81.28
    Pivot Point$80.72
    S1$79.91
    S2$79.35
    S3$78.53

    Advanced Oscillators

    TSI49.21
    Ultimate Osc59.2
    KST200.68

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
    Total Revenue$1.27B$1.21B$1.18B$1.11B$1.09B$1.03B$1.03B$998.00M$1.04B$1.03B$942.00M$953.00M
    Cost of Revenue$171.00M$361.60M$367.75M$133.00M$104.00M$129.00M$129.00MN/A$144.00M$121.00M$303.00MN/A
    Gross Profit$1.10B$844.74M$815.31M$982.00M$983.00M$897.00M$897.00MN/A$893.00M$906.00M$639.00M$953.00M
    Operating Expenses$773.00M$535.37M$496.06M$923.00M$163.00M$658.00M$658.00MN/A$492.00M$628.00M$437.00M$697.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$550.00M$533.00M$244.00M$633.00M$462.00M$458.00M$458.00M$0$457.00M$446.00M$0$0
    Operating Income$327.00M$309.37M$319.26M$59.00M$820.00M$239.00M$239.00MN/A$401.00M$278.00M$202.00M$226.00M
    Interest Income$30.00M$18.00M$0$0$10.00M$10.00M$10.33M$0$0$11.00M$0$0
    Interest Expense$167.00M$150.67M$144.47M$131.47M$129.29M$122.96M$122.96M$0$123.00M$117.00M$83.00M$107.00M
    Income Before Tax$200.00M$183.81M$56.58M$-83,000,000$682.00M$130.00M$130.00M$0$294.00M$142.00M$119.00M$148.00M
    Income Tax Expense$60.00M$60.27M$64.66M$44.00M$74.00M$12.00M$12.00M$0$67.00M$53.00M$41.00M$57.00M
    Net Income$122.00M$99.44M$-31,319,361$-131,000,000$595.00M$99.00M$99.00MN/A$209.00M$68.00M$57.00M$72.00M
    EBITDA$592.00M$544.41M$407.15M$122.00M$520.00M$439.00M$439.00MN/A$437.00M$460.00M$386.00M$452.00M
    EBIT$367.00M$334.48M$201.05M$-83,000,000$324.00M$241.00M$241.00MN/A$256.00M$280.00M$202.00M$269.00M
    * Some calculated fields are derived from available data when not provided by source

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    VEON Valuation and Fair Value

    P/E
    37.2x
    Forward P/E
    7.9x
    P/FCF
    7.1x
    PEG
    2.2x
    P/B
    3.9x
    See GNG's fair value

    VEON Profitability: Margins, ROIC and FCF

    Gross margin
    78.4%
    Operating margin
    25.8%
    Net margin
    1.2%
    ROE
    7.5%
    FCF margin
    17.4%
    FCF yield
    14.1%

    VEON Analyst Ratings

    Consensus
    Buy
    Analysts
    5
    Strong Buy
    0
    Buy
    5
    Hold
    0
    Sell
    0
    Strong Sell
    0

    VEON Bull Case vs Bear Case

    Bull case

    • VEON converts 17.4% of revenue into free cash flow.
    • VEON beat EPS estimates in 75.0% of its last 8 reported quarters.
    • VEON grew quarterly revenue 16.9% year over year.

    VEON Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    91.1%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.72
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    VEON Dividend

    Forward yield
    0.0%
    Payout ratio
    0.0%

    Frequently Asked Questions About VEON

    Does VEON pay dividends?

    VEON Ltd (VEON) has a dividend payment track record. See the VEON dividend history page for its current payment status, TTM yield, and recorded payments.

    What is VEON's P/E ratio?

    VEON Ltd has a price-to-earnings (P/E) ratio of 37.24.

    What is VEON's market cap?

    VEON Ltd (VEON) has a market capitalization of $5.57B with a current stock price of $82.81.

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