VEON Stock Soars 11.04% on Positive Market Sentiment

On July 11, 2025, VEON's stock surged by 11.04% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

VEON's recent performance has been influenced by several key factors. On July 9, the company's shares experienced a notable increase of 3.86% during mid-day trading. This surge was driven by positive market sentiment and strategic moves within the telecommunications sector. The stock reached an intraday high of $46.81 before closing at $46.24, reflecting a strong upward trend.

Analysts have provided varied price targets for VEON, with an average target of $56.88, suggesting a potential upside of 23.00% from the current price. This optimistic outlook is supported by the company's strong fundamentals and growth prospects. However, it is important to note that GuruFocus estimates a GF Value of $29.66 for VEON, indicating a potential downside of 35.86% from the current price. This discrepancy highlights the differing opinions among analysts and the need for investors to conduct thorough research before making investment decisions.

VEON's performance is also influenced by broader market trends and industry developments. The telecommunications sector continues to evolve, with advancements in technology and increasing demand for high-speed internet and mobile services. VEON's strategic initiatives and investments in infrastructure are positioning the company to capitalize on these trends and maintain its competitive edge.