VEON (VEON)

• Market cap: $2.76B
• 1 day: 6.38%
• 5 days: 9.29%
• 1 month: 26.14%
• 3 months: 30.13%
• 6 months: 48.38%
• Year to date: 100.82%
• 1 year: 95.49%
• 5 years: -38.52%
• 10 years: -62.73%

About: VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and 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)

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

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 23% upside
• Avg. target: $48 23% upside
• High target: $48 23% upside

1 analyst rating

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

Benchmark Matthew Harrigan 51% 1-year accuracy 39 / 77 met price target

23% upside $48

Buy Initiated

12 Nov 2024