VEON Ltd (VEON)

VEON Ltd. is a depositary receipt representing common stock of VEON Ltd., a digital communications operator listed on NASDAQ. Through its operating businesses, the company serves corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. Its activities include fixed-line and mobile telecommunications, broadband and roaming services, internet and data access, and related digital offerings across 2G, 3G, and 4G/LTE networks. VEON also provides digital platforms and services such as video streaming, messaging, music, gaming, mobile financial services, and digital healthcare, alongside equipment, infrastructure, accessories, and cloud solutions. The company markets its services under brands including Kyivstar, Banglalink, Jazz, JazzCash, Beeline, IZI, and OQ. Formerly known as VimpelCom Ltd., the company adopted the VEON name in 2017 and is headquartered in Dubai, the United Arab Emirates.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Free Cash Flow / Net Income
NASDAQ-VEON
$85.96
25.3% Upside
Undervalued
$83.59
21.8% Upside
Undervalued
Great
0.0%
November 11, 2026
80.3x
3.1x
1.0x
4.726 B
8.226 B
53.2%
91.0%
3.3
1,483.1%
Valuation • Fair Value

VEON Ltd (NASDAQ-VEON) Fair Value by Valuation Model

Review the available estimates for VEON Ltd (NASDAQ-VEON), including DCF Fair Value, Ben Graham Formula Value, EPV Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$85.96

Estimated upside of 25.3% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$137.42

Discounted cash flow valuation reference.

Ben Graham Formula Value

$9.51

Classic Ben Graham valuation formula reference.

EPV Fair Value

$103.39

Earnings power value estimate.

Comps Fair Value

$74.48

Comparable-company valuation reference.

Analyst Price Target

$83.59

Analysts imply upside of 21.8%.

How to read these valuation models

Use the 7 available valuation references for VEON Ltd (NASDAQ-VEON) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for VEON Ltd (NASDAQ-VEON)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

4.758 B

Current operating scale indicator.

Revenue Forecast

5.082 B

Forward revenue estimate.

EBITDA

1.849 B

Current operating profitability reference.

EBITDA Forecast

2.195 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review VEON Ltd (NASDAQ-VEON) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for VEON Ltd (NASDAQ-VEON)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Great

Positive financial-health read.

Piotroski Score

6

Mid-range quality score.

Beneish M-Score

-3.51

No elevated caution signal from this screen.

Altman Z-Score

3.3

Relatively strong balance-sheet zone.

FCF / Net Income

1,483.1%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for VEON Ltd (NASDAQ-VEON). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for VEON Ltd (NASDAQ-VEON)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

November 11, 2026

Days to Earnings

54

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

This section helps investors track time-sensitive items for VEON Ltd (NASDAQ-VEON), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

VEON Ltd (NASDAQ-VEON) Stock Forecast & Technical Outlook

Review VEON Ltd (NASDAQ-VEON) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for VEON Ltd (NASDAQ-VEON) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Neutral

The 1-hour technical read for VEON Ltd (NASDAQ-VEON) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for VEON Ltd (NASDAQ-VEON) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for VEON Ltd (NASDAQ-VEON) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for VEON Ltd (NASDAQ-VEON) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for VEON Ltd (NASDAQ-VEON)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, VEON Ltd (NASDAQ-VEON) has a Strong Buy consensus, with 5 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 5
Hold 0
Sell 0
FAQ Fast Investor Answers

VEON Ltd (NASDAQ-VEON) Stock FAQ

Data-supported answers about VEON Ltd (NASDAQ-VEON), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$85.96
Estimated upside 25.3%
Valuation Rating
Undervalued
Estimated upside of 25.3%
Analyst Target
$83.59
Implied upside 21.8%
Financial Health
Great
Current financial-health read

The current fair value estimate for VEON Ltd (NASDAQ-VEON) is $85.96. This implies an estimated upside of 25.3% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 25.3% versus the current market price.

The available analyst price target for VEON Ltd (NASDAQ-VEON) is $83.59. The analyst target implies estimated upside of 21.8%.

The current financial health read for VEON Ltd (NASDAQ-VEON) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for VEON Ltd (NASDAQ-VEON) is November 11, 2026.

The latest available data indicates no current dividend yield for VEON Ltd (NASDAQ-VEON).

The current P/E ratio listed for VEON Ltd (NASDAQ-VEON) is 80.3x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for VEON Ltd is 4.726 B.

The current enterprise value listed for VEON Ltd is 8.226 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for VEON Ltd is NASDAQ-VEON, and the stock is listed on NASDAQ.

VEON Ltd (NASDAQ-VEON) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for VEON Ltd is 53.2%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for VEON Ltd is 91.0%. Free float helps investors understand how much of the share base is available for public trading.