Kyivstar Group Backs Secondary Share Offering With Strong 2025 Preliminary Growth

Claim 50% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialThe latest update is out from Kyivstar Group ( (KYIV) ). On January 28, 2026, Kyivstar Group Ltd. reported that its principal shareholder, VEON Amsterdam B.V., together with other selling shareholders, has launched a proposed U.S. public offering of 12.5 million Kyivstar common shares via a Form F-1 registration, with underwriters granted a 30‑day option to buy up to an additional 1.875 million shares; the company itself will not issue or sell any new shares, making the transaction purely secondary and focused on shareholder liquidity rather than raising primary capital. In support of the offering, Kyivstar released preliminary, unaudited estimates for 2025 indicating robust year-on-year revenue and adjusted EBITDA growth of 24–26% in U.S. dollar terms and a capex intensity of 29–31%, highlighting significant ongoing network and infrastructure investment, although management emphasized that these figures remain subject to completion of year-end closing procedures and audit, and are presented partly through non‑IFRS metrics that may not be directly comparable across peers. The most recent analyst rating on (KYIV) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Kyivstar Group stock, see the KYIV Stock Forecast page. Spark’s Take on KYIV Stock According to Spark, TipRanks’ AI Analyst, KYIV is a Neutral. Kyivstar Group’s strong financial performance and positive technical indicators are offset by a poor valuation due to a negative P/E ratio and lack of dividend yield. The stock benefits from strong momentum and operational efficiency, but the valuation concerns weigh heavily on the overall score. To see Spark’s full report on KYIV stock, click here. More about Kyivstar Group Kyivstar Group Ltd. is a telecommunications-focused holding company whose principal asset is its interest in Ukrainian mobile operator JSC Kyivstar, providing communications and related digital services in a frontier market heavily affected by the ongoing war in Ukraine. The group operates within a complex geopolitical, regulatory and sanctions environment, with its liquidity, dividend flows and infrastructure operations closely tied to economic and legal developments in Ukraine. Average Trading Volume: 601,173 Technical Sentiment Signal: Buy Current Market Cap: $2.89B