VEON Ltd. - American Depositary Shares (VEON)

VEON’s Kyivstar partnered with Starlink to launch satellite-based mobile services in Ukraine, aiming to ensure uninterrupted connectivity in conflict-affected regions.

VEON shares jump after Q1 beat, strong digital growth, and upbeat FY25 outlook.

VEON Ltd. shares remained relatively flat on Friday following the announcement of a new collaboration with Airspan Networks Holdings LLC.

VEON reported strong Q4 2024 results with 4.7% sales growth and 42.4% rise in digital revenues. Multiplay customers grew 17.7% and buyback announced.

8 top-performing mid-cap stocks last week: RGTI, VEON, NEXT, GDS, ACHC, LUNR, BBAR, TGS. Did you have them in your portfolio?

In this video, I review the overall market. I also provide two new swing positions, along with my exact game plan for Monday's session.

Veon represents an opportunity in 5 high-growth frontier markets. Analysts rate it a Buy with $48 PT.

VEON reported first-quarter FY24 sales growth of 6.6% year-on-year to $942 million. Total digital monthly active users surged 40%. The company's 4G subscribers grew 10.6% Y/Y to 97.4 million, representing a 61.7% customer base penetration. VEON anticipates FY24 local currency revenue growth of 16%-18% and EBITDA growth of 18%-20%.

Although overlooked small-cap stocks inherently carry high risk profiles, they also may deliver intense rewards if the stars align.