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VEON Ltd. (VEON)

Communication Services | Telecom Services | Dubai, United Arab Emirates | NasdaqGS
60.84 USD +0.44 (0.728%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 61.12 +0.28 (0.454%) ⇧ (Aug. 28, 2026, 5:03 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:48 a.m. EDT

The investment thesis here is a classic turnaround story with massive analyst upside potential but zero income support. Fundamentally, the company is showing signs of life with a 17% revenue growth lift and digital services expanding to 227 million customers, which justifies the shift from a deep value trap to a moderate growth candidate. However, the balance sheet remains precarious with debt-to-equity exceeding 300%, and the lack of any dividend history confirms this is purely a capital appreciation play. The options market is screaming bullishness, with heavy positioning at $65 targets, which aligns with the analyst mean target of $83. While the statistical forecast model predicts a slight dip over the next 45 days due to recent volatility, the fundamental inflection point and aggressive retail/speculator positioning suggest the short-term trend is building upward. This is a high-risk, high-reward entry for those betting on the execution of their digital expansion, but it offers no safety net for the downside.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.046069
MSTL0.055666
AutoETS0.057792
AutoARIMA0.057823

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 37%
H-stat 31.14
Ljung-Box p 0.000
Jarque-Bera p 0.083
Excess Kurtosis -0.28
Attribute Value
Sector Communication Services
Ex Dividend Date 2020-02-25
Last Dividend Date 2020-02-25
Debt to Equity Ratio 304.685
Revenue per Share 68.52
Market Cap 4,189,515,008
Trailing P/E 60.84
Forward P/E 7.36
Beta 1.61
Profit Margins 1.24%
Website https://www.veon.com

As of Aug. 22, 2026, 2:48 a.m. EDT: Speculators are heavily skewed bullish, with open interest concentrated in out-of-the-money calls (72-95% OTM) across all expirations. Notable volume flow appears at the $65 strike for December and March expirations, suggesting bets on a significant upside move toward $70+. Conversely, put activity is sparse and heavily weighted deep in-the-money ($35-$45 strikes), indicating a lack of hedging against moderate declines and a speculative focus on asymmetric upside rather than downside protection.


Dividend Data

Dividend History
Date Dividend Yield %
2020-02-26 3.750 6.818182
2019-08-13 3.250 4.832714
2019-03-07 4.250 7.172996
2018-03-02 4.250 5.923345
2017-08-10 2.750 2.777778
2017-03-28 4.875 4.974490
2016-11-16 0.875 1.054217
2015-11-19 0.875 0.961538
2014-11-20 0.875 0.603448
2013-11-14 11.250 3.608661
2013-04-25 28.500 9.887251
2012-12-24 20.000 7.582938
2011-11-29 11.250 3.954306
2011-05-27 3.750 1.087745
2011-03-15 4.750 1.361032
2010-11-24 11.500 2.988954
2009-11-09 8.150 1.584062
2008-04-28 14.425 1.963921
2007-05-10 8.020 1.651055
Additional Data
exDividendDate 2020-02-26
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 3.75
lastDividendDate 2020-02-26
dividendDate 2020-03-05

Info Dump

Attribute Value
52 Week Change 0.09479785
Address1 Index Tower (East Tower)
Address2 Unit 1703 DIFC (Dubai International Financial Center)
All Time High 1,137.0
All Time Low 6.0
Ask 77.15
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 83,800
Average Daily Volume3 Month 85,640
Average Volume 85,640
Average Volume10Days 83,800
Beta 1.611
Bid 43.2
Bid Size 2
Book Value 21.714
City Dubai
Compensation As Of Epoch Date 1,735,603,200
Country United Arab Emirates
Crypto Tradeable 0
Currency USD
Current Price 60.84
Current Ratio 0.968
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 61.225
Day Low 60.01
Debt To Equity 304.685
Display Name VEON
Dividend Date 1,583,366,400
Earnings Call Timestamp End 1,785,502,800
Earnings Call Timestamp Start 1,785,502,800
Earnings Growth -0.789
Earnings Quarterly Growth -0.795
Earnings Timestamp 1,785,501,000
Earnings Timestamp End 1,794,400,200
Earnings Timestamp Start 1,794,400,200
Ebitda 1,849,500,032
Ebitda Margins 0.38871
Enterprise To Ebitda 4.197
Enterprise To Revenue 1.631
Enterprise Value 7,761,515,008
Eps Current Year 6.78424
Eps Forward 8.26863
Eps Trailing Twelve Months 1.0
Esg Populated 0
Ex Dividend Date 1,582,675,200
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 54.0908
Fifty Day Average Change 6.749199
Fifty Day Average Change Percent 0.12477536
Fifty Two Week Change Percent 9.479785
Fifty Two Week High 63.48
Fifty Two Week High Change -2.6399994
Fifty Two Week High Change Percent -0.041587893
Fifty Two Week Low 42.6
Fifty Two Week Low Change 18.240002
Fifty Two Week Low Change Percent 0.42816907
Fifty Two Week Range 42.6 - 63.48
Financial Currency USD
First Trade Date Milliseconds 848,068,200,000
Five Year Avg Dividend Yield 9.12
Float Shares 62,665,065
Forward Eps 8.26863
Forward P E 7.3579297
Free Cashflow 460,937,504
Full Exchange Name NasdaqGS
Full Time Employees 18,938
Fullday Change 0.439999
Fullday Change Percent 0.728474
Fullday Price 61.1163
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.87074
Gross Profits 4,143,000,064
Has Pre Post Market Data 1
Held Percent Insiders 0.02244
Held Percent Institutions 0.24057
Implied Shares Outstanding 68,861,195
Industry Telecom Services
Industry Disp Telecom Services
Industry Key telecom-services
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,582,675,200
Last Dividend Value 3.75
Last Fiscal Year End 1,767,139,200
Last Split Date 1,678,233,600
Last Split Factor 1:25
Long Business Summary VEON Ltd. provides telecommunications and digital services in Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company offers mobile telecommunications services under prepaid and postpaid subscriptions, including value-added and call completion services, national and international roaming services, wireless Internet access, mobile financial services, and mobile bundles; fixed-line telecommunications using fiber optic networks; cross-border transmission services; prepaid scratch cards and electronic recharge options; mobile services on 2G, 3G, and 4G/LTE networks; cloud solutions, including consumer storage apps; local, long-distance, and international voice services; and customer support through contact centers. It also provides FikrFree, a digital insurance marketplace; Tamasha, a video streaming app; ROX, a digital lifestyle brand; Garaj, a cloud platform; ApnaClinic and Helsi digital healthcare platforms; SIMOSA, ZARR, and RYZE lifestyle platforms; Kyivstar TV, a media streaming service; My Kyivstar, a self-service application; Uklon, a ride-hailing and delivery platform; Adwisor, an adtech platform; Simply, a mobile-only neobank; BeeTV, an entertainment platform; Hitter and riitm music streaming platforms; MyBL, Janymda, and Hambi super-apps; AI tutor, an AI-powered learning assistant; Toffee, an infotainment platform; BCloud, a digital infrastructure solution; Beepul, a financial services solution; KINOM, a digital entertainment platform; BeeMarket, an electronics and home appliance marketplace; Hambi Davo, a suite of digital health services; and OQ, a digital platform. The company distributes its products and services through a direct sales force, franchises, third-party retailers, distributors, supermarkets, stores, chains, online, offices, and other channels. The company was formerly known as VimpelCom Ltd. and changed its name to VEON Ltd. in March 2017. VEON Ltd. was founded in 1992 and is headquartered in Dubai, the United Arab Emirates.
Long Name VEON Ltd.
Market us_market
Market Cap 4,189,515,008
Market State CLOSED
Max Age 86,400
Message Board Id finmb_379316
Most Recent Quarter 1,782,777,600
Net Income To Common 59,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,159,216,178
Number Of Analyst Opinions 7
Open 60.01
Operating Cashflow 1,644,000,000
Operating Margins 0.25806
Payout Ratio 0.0
Peg Ratio 2.23
Phone 971 52 138 1275
Post Market Change 0.27629852
Post Market Change Percent 0.4541396
Post Market Price 61.1163
Post Market Time 1,787,950,986
Previous Close 60.4
Price Eps Current Year 8.967843
Price Hint 2
Price To Book 2.801879
Price To Sales Trailing12 Months 0.88052016
Profit Margins 0.0124
Quick Ratio 0.803
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change 0.439999
Regular Market Change Percent 0.728474
Regular Market Day High 61.225
Regular Market Day Low 60.01
Regular Market Day Range 60.01 - 61.225
Regular Market Open 60.01
Regular Market Previous Close 60.4
Regular Market Price 60.84
Regular Market Time 1,787,947,200
Regular Market Volume 53,819
Return On Assets 0.08538
Return On Equity 0.07492
Revenue Growth 0.169
Revenue Per Share 68.52
Sand P52 Week Change 0.20504117
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Shares Outstanding 68,861,195
Shares Percent Shares Out 0.0029
Shares Short 202,351
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 202,865
Short Name VEON Ltd.
Short Percent Of Float 0.0058999998
Short Ratio 2.57
Source Interval 15
Symbol VEON
Target High Price 100.0
Target Low Price 70.0
Target Mean Price 83.589
Target Median Price 81.6
Total Cash 2,688,999,936
Total Cash Per Share 39.05
Total Debt 5,853,000,192
Total Revenue 4,758,000,128
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.0
Trailing P E 60.84
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 52.6329
Two Hundred Day Average Change 8.2071
Two Hundred Day Average Change Percent 0.15593098
Type Disp Equity
Volume 53,819
Website https://www.veon.com