This article first appeared on GuruFocus.

VEON Ltd (NASDAQ:VEON) is set to release its Q3 2025 earnings on Nov 10, 2025. The consensus estimate for Q3 2025 revenue is $1.09 billion, and the earnings are expected to come in at $1.25 per share. The full year 2025's revenue is expected to be $4.32 billion, and the earnings are expected to be $9.64 per share. More detailed estimate data can be found on the Forecast page.

Warning! GuruFocus has detected 4 Warning Signs with VEON.

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Revenue estimates for VEON Ltd (NASDAQ:VEON) have increased from $4.26 billion to $4.32 billion for the full year 2025 and increased from $4.54 billion to $4.66 billion for 2026 over the past 90 days. Earnings estimates for VEON Ltd (NASDAQ:VEON) have increased from $5.26 per share to $9.64 per share for the full year 2025 and increased from $6.74 per share to $7.10 per share for 2026 over the past 90 days.

In the previous quarter of 2025-06-30, VEON Ltd's (NASDAQ:VEON) actual revenue was $1.09 billion, which beat analysts' revenue expectations of $1.02 billion by 6.15%. VEON Ltd's (NASDAQ:VEON) actual earnings were $8.30 per share, which beat analysts' earnings expectations of $0.95 per share by 773.68%. After releasing the results, VEON Ltd (NASDAQ:VEON) was up by 2.13% in one day.

Based on the one-year price targets offered by 5 analysts, the average target price for VEON Ltd (NASDAQ:VEON) is $64.64 with a high estimate of $75.00 and a low estimate of $40.00. The average target implies an upside of 44.77% from the current price of $44.65.

Based on GuruFocus estimates, the estimated GF Value for VEON Ltd (NASDAQ:VEON) in one year is $28.00, suggesting a downside of -37.29% from the current price of $44.65.

Based on the consensus recommendation from 2 brokerage firms, VEON Ltd's (NASDAQ:VEON) average brokerage recommendation is currently 2.0, indicating an \\"Outperform\\" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.