Kyivstar rises on strong core profit growth

Kyivstar

13/03/2026 10:26

** Shares of Kyivstar Group Ltd KYIV.O rise 6.4% to $10.85 premarket, after Ukraine's leading telecom operator reports 26% rise in 2025 core profit on digital sales growth

** Digital full-year revenue jumps 467% to $124 mln, boosted by April 2025 acquisition of ride-hailing platform Uklon, which contributed $80 mln in revenue

** Co's net profit falls to $124 mln from $283 mln a yr earlier, weighed down by one-time non-cash charge of $162 mln related to its stock market listing; adjusted net profit was broadly flat at $286 mln

** Stock is down ~21.4% YTD, underperforming Nasdaq .IXIC, which has fallen 4.0% in same period

** Median analyst price target of $17.25 implies ~69% upside from stock's last close; all 5 analysts covering stock rate it 'buy' or 'strong buy'

 (Reporting by Avinash P In Bengaluru)

 ((Avinash.P@thomsonreuters.com;))