Oppenheimer has initiated coverage on Kyivstar Group Ltd (KYIV) with an Outperform rating. This marks the firm's first assessment of the telecommunications company, which is headquartered in Dubai and provides a range of services including mobile and fixed line technologies, 4G, big data, cloud solutions, cybersecurity, and digital TV.
Kyivstar went public on August 15, 2025, and currently has a market capitalization of $2.7 billion. The company is part of the VEON Amsterdam BV group and includes the subsidiary Cohen Circle Acquisition Corp I. As investors look ahead, Kyivstar is set to report its upcoming earnings on November 10, 2025, with an estimated earnings per share of $0.35 and projected revenue of $290.5 million.
In its recent earnings performance for Q3 2025, Kyivstar reported an EPS of $0.33, falling short of the $0.35 estimate by 6.2%. The initiation by Oppenheimer adds to a growing consensus among analysts, with the current ratings reflecting 3 Strong Buy, 6 Buy, 1 Hold, and no Sell ratings, indicating a consensus rating of Buy.
Such decisions reflect a broader interest in Kyivstar's growth prospects within the telecommunications sector, particularly as the industry adapts to evolving technology demands and competitive pressures.