VNET Group, Inc. (VNET)

NASDAQ: VNET · Real-Time Price · USD
7.65
-0.05 (-0.65%)
At close: Jun 26, 2026, 4:00 PM EDT
7.63
-0.02 (-0.29%)
After-hours: Jun 26, 2026, 7:48 PM EDT
-0.65%
Market Cap 2.18B
Revenue (ttm) 1.51B
Net Income (ttm) -326.02M
Shares Out 284.69M
EPS (ttm) -1.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,702,291
Open 7.54
Previous Close 7.70
Day's Range 7.40 - 7.72
52-Week Range 5.80 - 14.48
Beta 0.25
Analysts Buy
Price Target 15.62 (+104.18%)
Earnings Date May 26, 2026

About VNET

VNET Group, Inc., an investment holding company, provides data center hosting and related services in China. The company offers managed hosting services comprising managed retail services, such as colocation services that dedicate data center space to house customers’ servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing,... [Read more]

Sector Technology
IPO Date Apr 21, 2011
Employees 2,784
Stock Exchange NASDAQ
Ticker Symbol VNET
Full Company Profile

Financial Performance

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for VNET stock is "Buy." The 12-month stock price target is $15.62, which is an increase of 104.18% from the latest price.

Price Target
$15.62
(104.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

China to spend $295B on building data centers across country, Bloomberg says

American depository receipts of Chinese cloud providers GDS Holdings (GDS) and Vnet Group (VNET) rise about 7% and 9% respectively after Bloomberg reported China is preparing to spend $295B on…

Other symbols: GDS
17 days ago - TheFly

VNET Group elevated to top pick at Morgan Stanley

Morgan Stanley analyst Tom Tang elevated shares of VNET Group (VNET) to top pick while keeping an Overweight rating on the name with a $16 price target VNET’s shareholder issue…

4 weeks ago - TheFly

VNET Group price target raised to $24.79 from $23.55 at Jefferies

Jefferies raised the firm’s price target on VNET Group (VNET) to $24.79 from $23.55 and keeps a Buy rating on the shares. The company’s Q1 revenue/EBITDA were 0%/6% above consensus,…

4 weeks ago - TheFly

VNET Group Earnings Call Transcript: Q1 2026

Q1 2026 saw robust revenue and EBITDA growth, led by wholesale IDC demand and strong order wins. Strategic investment from CATL is expected to drive synergies in technology and green energy, while guidance and CapEx remain unchanged despite large new orders.

4 weeks ago - Transcripts

VNET Group Slides: Q1 2026

VNET Group has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 26, 2026.

4 weeks ago - Filings

VNET Group Earnings release: Q1 2026

VNET Group released its Q1 2026 earnings on May 26, 2026, summarizing the period's financial results.

4 weeks ago - Filings

VNET Group reports Q1 EPS (RMB 1.36) vs (RMB 0.15) last year

Reports Q1 revenue RMB2.69B vs RMB2.25B last year. “We delivered a strong first quarter through effective execution of our dual-core strategy and Hyperscale 2.0 framework,” said Josh Sheng Chen, Found...

4 weeks ago - TheFly

VNET Group backs FY26 revenue view RMB11.5B – RMB11.8B

For the full year of 2026, the company expects its total net revenues to be in the range of RMB11.5B-RMB11.8B, representing year-over-year growth of 15.6%-18.6%, and adjusted EBITDA to be…

4 weeks ago - TheFly

VNET Reports Unaudited First Quarter 2026 Financial Results

BEIJING, May 26, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced i...

4 weeks ago - PRNewsWire

VNET Group falls -7.6%

VNET Group (VNET) is down -7.6%, or -75c to $9.18.

5 weeks ago - TheFly

VNET Group rises 30.7%

VNET Group (VNET) is up 30.7%, or $2.77 to $11.79.

6 weeks ago - TheFly

VNET Group rises 25.4%

VNET Group (VNET) is up 25.4%, or $2.29 to $11.31.

6 weeks ago - TheFly

VNET Group announce share purchase agreement

VNET Group (VNET) announced that PJ Millennium I Limited and PJ Millennium II Limited have entered into a share purchase agreement with Success Flow International Investment and Choice Faith Group…

6 weeks ago - TheFly

This Is Why VNET Group Stock (VNET) Rallied Today

VNET Group stock rallied after the company announced a new share purchase agreement with strategic investors.

6 weeks ago - TipRanks

VNET Announces New Strategic Investors

BEIJING, May 13, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced t...

6 weeks ago - PRNewsWire

VNET to Announce Unaudited First Quarter 2026 Financial Results on May 26, 2026

BEIJING, May 12, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced t...

6 weeks ago - PRNewsWire

VNET Group removed from APAC Conviction List at Goldman Sachs

Goldman Sachs analysts removed VNET Group (VNET) from the firm’s APAC Conviction List as part of its monthly update.

7 weeks ago - TheFly

VNET Publishes 2025 Environmental, Social and Governance Report

BEIJING, April 24, 2026 /PRNewswire/ -- VNET Group, Inc. (NASDAQ: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...

2 months ago - PRNewsWire

VNET Announces Changes to Leadership Team

BEIJING, April 20, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), today announced that Mr. Qiyu Wang has resigned from his position as VNET's Chief Financial Officer f...

2 months ago - PRNewsWire

VNET Files Its Annual Report on Form 20-F for Fiscal Year 2025

BEIJING, April 16, 2026 /PRNewswire/ -- VNET Group, Inc. (NASDAQ: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...

2 months ago - PRNewsWire

VNET Group Earnings Call Transcript: Q4 2025

Delivered record 2025 growth with revenues up 20.5% and adjusted EBITDA up 22.6%, driven by strong wholesale IDC demand and operational efficiency. 2026 guidance projects continued double-digit growth, robust CapEx, and stable utilization rates.

3 months ago - Transcripts

VNET Group Annual report: Q4 2025

VNET Group has published its Q4 2025 annual report on March 16, 2026.

3 months ago - Filings

VNET Group Earnings release: Q4 2025

VNET Group released its Q4 2025 earnings on March 16, 2026, summarizing the period's financial results.

3 months ago - Filings

VNET Group Slides: Q4 2025

VNET Group has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 16, 2026.

3 months ago - Filings

VNET Reports Unaudited Fourth Quarter and Full Year 2025 Financial Results

BEIJING, March 16, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced...

3 months ago - PRNewsWire