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The latest announcement is out from VEON ( (VEON) ).
VEON shareholders have reaffirmed their backing for the company’s digital growth strategy by re-electing all seven incumbent directors at the online Annual General Meeting held on May 11, 2026. The board, which includes founder Augie K Fabela II, VEON Group CEO Kaan Terzioglu and former U.S. Secretary of State Michael R. Pompeo, subsequently reappointed Fabela as chairman for a third term.
The meeting underscored strong shareholder participation, with about 99.55% of shares represented, and reinforced VEON’s focus on disciplined capital allocation and shareholder returns. Investors approved the reappointment of UHY LLP as external auditor for the 2026 financial year, as the company highlighted FY25 revenue of USD 4.4 billion, robust EBITDA growth and a sharp rise in direct digital revenues, signalling continued momentum in its transition to a digital‑services‑led model.
The most recent analyst rating on (VEON) stock is a Buy with a $110.00 price target. To see the full list of analyst forecasts on VEON stock, see the VEON Stock Forecast page.
Spark’s Take on VEON Stock
According to Spark, TipRanks’ AI Analyst, VEON is a Neutral.
The score is primarily supported by strong operating profitability and solid free-cash-flow generation, plus a constructive earnings call with growth guidance and ongoing buybacks. These positives are tempered by elevated leverage and historical earnings volatility, while technicals remain weak (below major moving averages with negative MACD), partially offset by a low P/E valuation.
To see Spark’s full report on VEON stock, click here.
More about VEON
VEON Ltd. is a Nasdaq-listed digital operator that provides connectivity and digital services to nearly 160 million customers. Operating across six countries that together account for more than 7% of the world’s population, the company focuses on AI-enabled tools and digital financial services to drive technology-led growth in high‑growth frontier markets.
Average Trading Volume: 103,226
Technical Sentiment Signal: Buy
Current Market Cap: $3.4B
Find detailed analytics on VEON stock on TipRanks’ Stock Analysis page.