VEON Ltd. (VEON) - Stock Analysis

Last updated: Sep 19, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

VEON gained 19.3% over 21 sessions and traded 10.6% above its 21-day average. Management raised its 2026 revenue and EBITDA outlook, second-quarter digital revenue grew 53.6%, and Banglalink's payment-service launch targeted for September adds a current catalyst.

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Idea window: 9/11/2026 – 9/18/2026Sector: Communication Services

AI Analyst Overview

Last Price
$76.81
Market Cap
$5.32B
1D Return
-0.34%
YTD Return
+46.11%

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Valuation Metrics

P/E
113.0
P/B
3.5
P/S
1.1
EV/EBITDA
6.7
Div Yield
—

Fundamental Analysis

5.0

Key Financial Insights: • Strong cash flow • High leverage • Liquidity pressure VEON delivers strong profitability and cash flow, but high leverage, negative working capital, and worsening valuation multiples warrant caution.

Profitability
LeverageRisk

Price Behavior

6.0

Key Price Behavior Insights: • Strong upward trend • Overbought momentum • Key support watch Support Level: $67.87–$68.00; stronger support $64.21–$65.00 Resistance Level: $69.16 VEON gained about 22% over the last month, but with RSI near 75, watch for a pullback unless it decisively breaks $69.16 while holding $67.87–$68.00 support.

Bullish
Overbought

Sentiment & News

6.0

Key News Insights: • Share Price Strength • Digital Finance Expansion • Upcoming Results VEON's shares hit a 52-week high amid Moderate Buy analyst sentiment and expanding digital-finance initiatives in Kazakhstan and Pakistan.

VEON
DigitalGrowth
AI

AI Summary

6.0
Neutral

VEON is a higher-risk digital-platform transition, not a cheap legacy telecom: digital EBITDA growth and fintech monetization can re-rate earnings, but investors should wait for sustained post-capex free cash flow and deleveraging before chasing a share price already near consensus targets.

DigitalGrowth
LeverageRisk
CashFlowValidation
AI summary updated 21 days ago

Description

VEON Ltd. is a telecommunications holding that delivers mobile and fixed-line voice, data and broadband services across several Eurasian and African markets. Through regional brands such as Beeline, Kyivstar, Jazz, Djezzy and banglalink it also offers a range of supplemental services—messaging, mobile internet, mobile finance, machine-to-machine connectivity—and sells devices and accessories. The company, founded in 1992 and headquartered in Amsterdam, serves roughly 220 million customers across Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan and Georgia.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Sep 11Sep 18VEONVEON Ltd.
VEON gained 19.3% over 21 sessions and traded 10.6% above its 21-day average. Management raised its 2026 revenue and EBITDA outlook, second-quarter digital revenue grew 53.6%, and Banglalink's payment-service launch targeted for September adds a current catalyst.
Closed+1.1%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.