21Vianet Group, Inc. (VNET)

NASDAQ: VNET · Delayed Price · USD
4.70
0.08 (1.73%)
At close: May 25, 2022 4:00 PM
4.56
-0.14 (-2.98%)
After-hours:May 25, 2022 7:54 PM EDT
Market Cap695.71M
Revenue (ttm)1.01B
Net Income (ttm)105.54M
Shares Out148.02M
EPS (ttm)-0.32
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,014,083
Open4.86
Previous Close4.62
Day's Range4.45 - 5.03
52-Week Range3.51 - 26.20
Beta0.14
AnalystsBuy
Price Target14.77 (+214.3%)
Earnings DateMay 24, 2022

About VNET

VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of 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; server administration services; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load ...

IndustryIT Services
IPO DateApr 21, 2011
CEOShiqi Wang
Employees3,221
Stock ExchangeNASDAQ
Ticker SymbolVNET
Full Company Profile

Financial Performance

Financial numbers in millions CNYFinancial Statements

Analyst Forecast

According to 20 analysts, the average rating for VNET stock is "Buy." The 12-month stock price forecast is 14.77, which is an increase of 214.26% from the latest price.

Price Target
$14.77
(214.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

VNET Reports First Quarter 2022 Unaudited Financial Results

BEIJING, May 24, 2022 /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 its...

1 day ago - PRNewsWire

VNET to Announce Unaudited First Quarter 2022 Financial Results on May 24, 2022

BEIJING , May 11, 2022 /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 th...

2 weeks ago - PRNewsWire

VNET Provides Update on its Status under the Holding Foreign Companies Accountable Act

BEIJING , May 5, 2022 /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 th...

2 weeks ago - PRNewsWire

VNET Publishes 2021 Environment, Social and Governance Report

BEIJING , April 28, 2022 /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 weeks ago - PRNewsWire

VNET Group, Inc. Files Its Annual Report on Form 20-F for Fiscal Year 2021

BEIJING , April 26, 2022 /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...

4 weeks ago - PRNewsWire

Why Is VNET Group (VNET) Stock Up Today?

After receiving an unsolicited offer, shares of VNET stock have soared today, as investors attempt to price what this means into the stock. The post Why Is VNET Group (VNET) Stock Up Today?

1 month ago - InvestorPlace

Why VNET Shares Are Surging Today

VNET Group Inc (NASDAQ: VNET) bagged an unsolicited and preliminary all-cash buyout offer. The Hina Group and Industrial Bank Co., Ltd.

1 month ago - Benzinga

VNET Receives Unsolicited Preliminary Non-Binding Proposal to Acquire All of Its Shares

BEIJING , April 11, 2022 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, announced that i...

1 month ago - PRNewsWire

21Vianet (VNET) Surges 13.1%: Is This an Indication of Further Gains?

21Vianet (VNET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the...

1 month ago - Zacks Investment Research

VNET Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results

BEIJING, March 30, 2022 /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...

1 month ago - PRNewsWire

Strength Seen in 21Vianet (VNET): Can Its 83.3% Jump Turn into More Strength?

21Vianet (VNET) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

2 months ago - Zacks Investment Research

VNET to Announce Unaudited Fourth Quarter and Full Year 2021 Financial Results on March 30, 2022

BEIJING, March 17, 2022 /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...

2 months ago - PRNewsWire

21Vianet (VNET) Could Find Support Soon, Here's Why You Should Buy the Stock Now

After losing some value lately, a hammer chart pattern has been formed for 21Vianet (VNET), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revision...

3 months ago - Zacks Investment Research

Blackstone Agrees To Invest In VNET Via Convertible Notes

Funds managed by Blackstone Inc (NYSE: BX) Blackstone Tactical Opportunities have agreed to invest in VNET Group Inc (NASDAQ: VNET). Blackstone looks to purchase VNET's $250 million of convertible notes...

Other symbols:BX
3 months ago - Benzinga

VNET Announces US$250 Million Investment from Blackstone

BEIJING, Jan. 28, 2022 (GLOBE NEWSWIRE) -- VNET Group, Inc. (Nasdaq: VNET) (“VNET” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announce...

3 months ago - GlobeNewsWire

Wall Street Analysts Believe 21Vianet (VNET) Could Rally 212%: Here's is How to Trade

The consensus price target hints at a 211.8% upside potential for 21Vianet (VNET). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate ...

4 months ago - Zacks Investment Research

VNET Announces Joint Venture with a Sovereign Wealth Fund to Develop and Operate Build-to-Suit Hyperscale Data Center...

BEIJING, Dec. 13, 2021 (GLOBE NEWSWIRE) -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announce...

5 months ago - GlobeNewsWire

Why VNET Group Stock Crashed and Burned Today

The network services specialist reported slight earnings and revenue misses in the third quarter, but the company's troubles run deeper than the headline numbers.

6 months ago - The Motley Fool

VNET Reports Unaudited Third Quarter 2021 Financial Results

BEIJING, Nov. 18, 2021 (GLOBE NEWSWIRE) -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announce...

6 months ago - GlobeNewsWire

VNET Shares Pop As Fitch Sees Robust Data Center Demand From Alibaba

Fitch Ratings has affirmed China-based carrier-neutral data center operator VNET Group Inc's (NASDAQ: VNET) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+.'  The Outlook is N...

6 months ago - Benzinga

VNET to Announce Unaudited Third Quarter 2021 Financial Results on November 18, 2021

BEIJING, Nov. 05, 2021 (GLOBE NEWSWIRE) -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced ...

6 months ago - GlobeNewsWire

VNET Announces Proposed Offering of Senior Notes

BEIJING, Oct. 29, 2021 (GLOBE NEWSWIRE) -- VNET Group, Inc. (Nasdaq: VNET) (“VNET” or the “Company”), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced ...

6 months ago - GlobeNewsWire

21Vianet Looks for New Chapter With Name Change

Key takeaways 21Vianet's shareholders have approved changing its name to VNET Group

7 months ago - Benzinga

21Vianet Announces Results of 2021 Extraordinary General Meeting

BEIJING, Oct. 08, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (“VNET” or the “Company”) (Nasdaq: VNET), a leading carrier- and cloud-neutral Internet data center services provider in China, today anno...

7 months ago - GlobeNewsWire

21Vianet Group (VNET) Sees Hammer Chart Pattern: Time to Buy?

21Vianet Group (VNET) has been struggling lately, but the selling pressure may be coming to an end soon.

7 months ago - Zacks Investment Research