VEON (VEON)

• Market cap: $3.25B
• 1 day: 0.22%
• 5 days: 4.00%
• 1 month: 27.85%
• 3 months: 54.26%
• 6 months: 71.96%
• Year to date: 7.73%
• 1 year: 140.96%
• 5 years: -31.09%
• 10 years: -52.82%

About: VEON Ltd is a provider of mobile and fixed-line connectivity as well as digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, Banglalink and Jazz brands.

Employees: 17,206

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

400% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 2

100% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 6

25% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 5 (+1) [Q3]

20% more capital invested

Capital invested by funds: $413M [Q2] → $496M (+$82.4M) [Q3]

18% more funds holding

Funds holding: 40 [Q2] → 47 (+7) [Q3]

0.06% more ownership

Funds ownership: 0.86% [Q2] → 0.92% (+0.06%) [Q3]

80% less call options, than puts

Call options by funds: $176K | Put options by funds: $879K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $48 4% upside
• Avg. target: $48 4% upside
• High target: $48 4% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Matthew Harrigan 59% 1-year accuracy 41 / 69 met price target

4% upside $48

Buy Initiated

12 Nov 2024