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VEON Ltd.

VEON · NASDAQ

Market closed$51.62$0.020000 (+0.04%)After hours $51.62 · 0.00%

Key statistics

Previous close$51.60
Open$51.80
Day high$52.14
Day low$51.13
52-week high$64.00
52-week low$42.60
Market cap3.57B
Volume43.16K
Average volume94.22K
P/E ratio4.94
Forward P/E—
EPS10.44
Dividend yield0.00%

Market context

Why it moved

VEON shares edged slightly higher in quiet trading, with minimal price movement and low volume suggesting no major company-specific news or catalysts drove significant activity today.

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What is happening

Recent company-specific developments and publisher coverage.

July 9, 2026VEON closed essentially unchanged as investors look ahead to its Q2 2026 earnings report scheduled for July 31, when management will host an in-person event in New York — a notable step up in investor engagement. A subsidiary development added color: Kyivstar Group's Uklon ride-sharing service launched Uklon Travel Bus, expanding into international cross-border routes from Ukraine, underscoring VEON's digital ecosystem strategy. The muted move comes amid a challenging backdrop for the Communication Services sector, which was the worst performer in June (-7.2%), while broader markets grapple with renewed US-Iran geopolitical tensions and rising oil prices reigniting inflation concerns.

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July 9, 2026VEON Ltd. shares gained roughly 3% against a broadly risk-off market backdrop — Wall Street sold off as President Trump declared the Iran ceasefire deal 'over,' sending oil prices surging more than 5% and triggering a global flight from risk assets. The outperformance comes as VEON announced it will report its Q2 and first-half 2026 results on July 31, notably bringing its earnings call to New York for the first time — a move seen as a signal of the company's growing investor engagement push. The Communication Services sector has been a laggard in 2026, down over 7% in June and 3.1% in Q2, making VEON's resilience on a risk-off day notable ahead of its upcoming results.

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July 7, 2026VEON Ltd. closed down nearly 2% amid a broader Communication Services sector that fell 3.1% in Q2, as investors weighed the company's upcoming 2Q26 earnings report scheduled for July 31 — notably being hosted in New York for added investor access. Bullish catalysts remain in focus, including recent Mastercard and AI infrastructure partnerships, a Simply Wall St. analysis pegging fair value at $83.44 (suggesting ~36% upside), and a routine insider equity award to director Michael Pompeo's entity; however, near-term selling pressure reflects macro headwinds from the US-Iran conflict and sector-wide caution.

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July 6, 2026VEON gained over 2% in above-average volume trading — more than 3.5x its average daily volume — as investor sentiment was buoyed by the recently announced Mastercard partnership to develop AI-powered credit scoring, digital wallets, and embedded finance across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. The Communication Services sector (XLC) advanced 2.4% on the session, providing a favorable tailwind. Analysts note VEON still screens as undervalued on multiple metrics, with its P/E of ~6.8x a steep discount to the ~15.4x wireless telecom sector average, even as the company's 3-year return of nearly 170% reflects meaningful re-rating progress.

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July 3, 2026VEON closed modestly lower as a flurry of strategic partnership announcements failed to lift shares against a mixed macro backdrop. The company unveiled a high-profile collaboration with Mastercard to develop AI-powered credit scoring, digital wallets, and embedded finance across Ukraine, Kazakhstan, Pakistan, and Uzbekistan, with pilots beginning in the two former markets. Separately, VEON's CEO met with Kazakhstan's president to reaffirm support for the Digital Qazaqstan Strategy, highlighting a planned August 2026 launch of satellite Direct to Cell services, while a $250M anchor investment in Bangladesh targeting $1B in FDI was also in focus. Analyst price targets remain well above current levels, with Northland Capital Markets at $70 and Rothschild & Co at $74, reflecting confidence in VEON's digital transformation strategy despite near-term consolidation.

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July 1, 2026VEON edged modestly higher, buoyed by a high-profile strategic announcement: the company committed a USD 250 million anchor investment in Bangladesh through its subsidiary Banglalink, as part of the newly launched 'Invest in Bangladesh NOW' public-private partnership initiative targeting USD 1 billion in total foreign direct investment. The capital will be directed at next-generation digital infrastructure, AI, digital financial services, and advanced connectivity. This follows VEON's recent MoU with Ukraine's Ministry of Economy to explore a sovereign AI datacentre via Kyivstar, reinforcing the company's broader narrative as a digital infrastructure and AI enabler across emerging markets. However, shares are slipping in after-hours trading, even as the Communication Services sector faced headwinds in Q2 amid geopolitical uncertainty.

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June 26, 2026VEON edged higher in regular trading as its subsidiary Kyivstar signed two significant MoUs at the 2026 Ukraine Recovery Conference in Gdańsk: one with Ukraine's Ministry of Economy to explore a sovereign, AI-ready data center backed by VEON's financing and global expertise, and another with Ukraine's securities regulator to study pathways for domestic investors to access Nasdaq-listed Kyivstar shares. The announcements reinforce VEON's positioning as a digital infrastructure leader in Ukraine's reconstruction effort, with analyst price targets of $70–$74 suggesting meaningful upside from current levels. Shares slipped modestly in after-hours trading amid a broader tech-driven selloff.

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June 24, 2026VEON closed modestly lower as its Pakistan fintech unit JazzCash launched direct access to government Treasury Bills for retail investors, spotlighting the company's digital finance ambitions in emerging markets. Despite the product expansion, investor attention remains on VEON's broader valuation gap — analyst fair value estimates sit near $83, well above current trading levels — alongside currency risks in Pakistan and Ukraine and a wider Communication Services sector that finished down 0.82% on the day amid a tech-led market selloff. Separately, Forrester research highlighted AI as a key growth lever for telecoms facing near-flat revenue expansion, a backdrop relevant to VEON's strategy.

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Simply Wall Street · July 9, 2026Did VEON’s (VEON) AI Data Center and Mastercard Pilot Just Redefine Its Fintech Ambitions?GlobeNewswire · July 7, 2026VEON to Report 2Q26 Results on July 31, 2026markets.businessinsider.com · July 2, 2026VEON Group CEO Meets with Kazakh President Tokayev, Reaffirms Commitment to ‘Digital Qazaqstan Strategy’Moomoo · July 2, 2026VEON, Mastercard Team Up to Develop AI-Powered Financial ServicesMastercard US · July 2, 2026VEON and Mastercard Join Forces to Accelerate Accessibility of Financial ServicesStock Titan · June 30, 2026VEON’s $250M bet on Bangladesh could help draw $1BBangladesh Sangbad Sangstha (BSS) · June 29, 2026VEON proposes investment worth $1b in BangladeshSimply Wall Street · May 18, 2026JazzCash Milestone Puts Fresh Focus On VEON Growth And Valuation
Mt Newswire · July 14, 2026VEON's JazzWorld Completes Acquisition of Controlling Stake in TPL Insurance
Benzinga · July 9, 2026Kyivstar Group’s Uklon Launches Uklon Travel Bus, International Bus Service Offering Direct Cross-Border Routes
Benzinga · July 2, 2026Veon Launches Digital Finance Push With Mastercard
Mt Newswire · July 2, 2026VEON, Mastercard Team Up to Develop AI-Powered Financial Services
Benzinga · July 2, 2026VEON Partners With Mastercard To Expand Financial Services Across Ukraine, Kazakhstan, Pakistan and Uzbekistan
Benzinga · July 2, 2026VEON Q1 2026 Earnings Call Transcript
Mt Newswire · June 26, 2026Kyivstar Reports MoU for AI Infrastructure in Ukraine
Benzinga · June 26, 2026VEON's Kyivstar Inks MoU To Enhance Ukraine's Digital Infrastructure, Economy

Peers

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