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VEON Ltd. (VEON) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential

Current Price
$56.39
Market reference
Price Target
—
— Upside
Target Range
— — —
Analyst Rating
Buy
13 analysts
Forward P/E7.6x
Trailing P/E9.8x
Forward PEG—
Implied Growth-20.3%
Median Target—
Analyst Spread—

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$56.39
Consensus—
High—
Low—
Model$-17.19
Bear Case
$—
—
Consensus
$—
—
Bull Case
$—
—
Valuation Model TargetsConfidence: 33/100
Bear$-17
Base$-17
Bull$-100

Analyst Ratings Distribution

Breakdown of 13 published analyst recommendations for VEON

10/13 analysts are bullish
+38
BearishBullish
Weighted analyst sentiment score based on 13 ratings
ConsensusBuy
Coverage13 Analysts
Net Score+38
Bull / Bear77% / 0%
Strong Buy00%
Buy1077%
Hold323%
Sell00%
Strong Sell00%
Strong Buy
00%
Buy
1077%
Hold
323%
Sell
00%
Strong Sell
00%
Recommendation Mix77% Buy · 23% Hold · 0% Sell
Buy (10)Hold (3)Sell (0)

VEON Price Target Analysis

Updated February 26, 2026

As of February 26, 2026, VEON Ltd. (VEON) has a Wall Street consensus price target of N/A, based on estimates from 13 covering analysts. The company has a market capitalization of $3.89B.

Analyst price targets range from a low of N/A to a high of N/A.

The current analyst consensus rating is Buy, with 10 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.

From a valuation perspective, VEON trades at a trailing P/E of 9.8x and forward P/E of 7.6x. Analysts expect EPS to grow -20.3% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $-17.19, with bear and bull scenarios of $-16.98 and $-100.29 respectively. Model confidence stands at 33/100, suggesting limited visibility into future performance.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Communication Services stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside+6.3%
Avg Forward P/E16.9x
Peers with Coverage3 / 7
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
VEONVEON Ltd.
$3.9B$56.39——Buy7.6x13
TMUST-Mobile US, Inc.$242.0B$218.66$257.42+17.7%Buy20.9x53
TIMBTIM S.A.$13.1B$27.38$23.87-12.8%Hold2.9x8
ADArray Digital Infrastructure, Inc.$2.6B$49.10$56.00+14.1%Buy39.1x5
UZDArray Digital Infrastructure, Inc. 6.250% Senior Notes due 2069$1.1B$21.51———17.1x—
UZFArray Digital Infrastructure, Inc. 5.500% Senior Notes due 2070$1.0B$19.30———15.4x—
UZEArray Digital Infrastructure, Inc. 5.500% Senior Notes due 2070$1.0B$19.10———15.2x—

Upside Potential Comparison

TMUS
+17.7%
AD
+14.1%
TIMB
-12.8%

See VEON's True Return

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Is VEON Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare VEON vs NFLX

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Frequently Asked Questions

What is the VEON stock price target for 2026?

The consensus price target for VEON is $N/A, close to the current price of $56.39 (N/A% implied move). Based on 13 analyst estimates, the stock appears fairly valued near current levels.

Is VEON a buy, sell, or hold?

VEON has a consensus rating of "Buy" based on 13 Wall Street analysts. The rating breakdown is predominantly bullish, with 10 Buy/Strong Buy ratings. The consensus 12-month price target of $N/A implies N/A% upside from current levels.

Is VEON stock overvalued or undervalued?

With a forward P/E of 7.5539x, VEON trades at a relatively low valuation. The consensus target of $N/A implies N/A% appreciation, suggesting the market may be pricing in risks.

How high can VEON stock go?

The most bullish Wall Street analyst has a price target of $N/A for VEON, while the most conservative target is $N/A. The consensus of $N/A represents the median expectation. Our quantitative valuation model projects a bull case target of $-100 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover VEON stock?

VEON is moderately covered, with 13 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 10 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the VEON stock forecast?

The 12-month VEON stock forecast based on 13 Wall Street analysts shows a consensus price target of $N/A, with estimates ranging from $N/A (bear case) to $N/A (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $-17, with bear/bull scenarios of $-17/$-100.

What is VEON's fair value based on fundamentals?

Our quantitative valuation model calculates VEON's fair value at $-17 (base case), with a bear case of $-17 and bull case of $-100. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 33/100.

What is VEON's forward P/E ratio?

VEON trades at a forward P/E ratio of 7.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 9.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy VEON stock?

VEON appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $N/A target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do VEON price targets vary so much?

VEON analyst price targets range from $N/A to $N/A, a NaN% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $N/A consensus represents the middle ground. Our model's $-17-$-100 range provides an independent fundamental perspective.

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