Nama's AI scorecard currently rates VEON Buy (6.1 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is VEON's P/E ratio?

VEON trades at a trailing price-to-earnings ratio of 38.6.

When does VEON report earnings?

VEON's next scheduled report is on Mar 12, 2027. Analysts expect EPS of $1.83.

What is the VEON price target?

The median analyst price target from 8 analysts is $87.00, with a range of $73.52 – $112.00.

Is VEON Shariah compliant?

Nama's AAOIFI-style screen reads VEON as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Nama Insights

VEON (VEON)

Communication Services · Telecom Services · NASDAQ

VEON (VEON) is a Communication Services company in the Telecom Services industry. It has a market capitalization of $5.34B, a trailing price-to-earnings ratio of 38.6 and a free-cash-flow yield of 7.3%. Over the most recent reported fiscal year, revenue grew 9.9% and free cash flow per share grew 65.1%. Nama's AI scorecard rates it Buy, 6.1 out of 10. On 12-month momentum it ranks in the leading band of its market.

AI scorecard

Buy · 6.1/10

Positive, at the low end of Buy. As of Nov 7, 2026.

Momentum

Leading · +72.4% over 12 months ex. last

Top 20% of its market on the past year's steady rise.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-12.8%

How far the last close sits under the highest price of the past five years.

Market cap	$5.34B
Trailing P/E	38.6
Price / book	88.2
Price / sales	1.1
FCF yield	7.3%
Dividend yield	—
Gross margin	87.1%
Operating margin	24.0%
Net margin	1.2%
Revenue growth (YoY)	+9.9%
Revenue growth (3-yr annual)	+5.4%
EPS growth (YoY)	—
FCF/share growth (YoY)	+65.1%
Beta	1.6
Exchange	NASDAQ
Sector	Communication Services
Industry	Telecom Services

VEON earnings

Next report: Mar 12, 2027 (Q4 2026, EPS estimate $1.83). Beat the EPS estimate in 2 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Nov 6, 2026	$2.05	$1.72	+19.2%	—
Q2 2026	Jul 30, 2026	$1.48	$1.59	-6.9%	$1.27B
Q1 2026	May 13, 2026	$1.41	$1.30	+8.5%	$1.20B
Q4 2025	Mar 13, 2026	-$0.41	$1.87	-121.9%	$1.17B

VEON analyst price target

Median target $87.00 from 8 analysts, ranging $73.52 – $112.00.

Telecom Services peers

Ticker	Company	Market cap	P/E
VZ	Verizon Communications	$189.37B	9.2
TMUS	T-Mobile US	$171.61B	14.9
T	AT&T	$145.71B	9.1
CMCSA	Comcast	$86.61B	6.5
AMX	América Móvil, S.A.B. de C.V.	$76.79B	14.7
CHT	Chunghwa Telecom	$38.67B	—
VOD	Vodafone Group Public	$36.10B	3.6
ECHO	EchoStar	$27.53B	13.5

Explore live VEON data on Nama Insights →

VEON FAQ

Is VEON a buy?: Nama's AI scorecard currently rates VEON Buy (6.1 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is VEON's P/E ratio?: VEON trades at a trailing price-to-earnings ratio of 38.6.
When does VEON report earnings?: VEON's next scheduled report is on Mar 12, 2027. Analysts expect EPS of $1.83.
What is the VEON price target?: The median analyst price target from 8 analysts is $87.00, with a range of $73.52 – $112.00.
Is VEON Shariah compliant?: Nama's AAOIFI-style screen reads VEON as Not Shariah Compliant. At least one of the three ratios or the industry test failed.