VNET Group, Inc. (VNET)

Market Cap	418.71M
Revenue (ttm)	1.05B
Net Income (ttm)	-372.90M
Shares Out	252.23M
EPS (ttm)	-2.43
PE Ratio	n/a
Forward PE	2,000.00
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,009,982
Open	1.540
Previous Close	1.580
Day's Range	1.540 - 1.700
52-Week Range	1.390 - 3.880
Beta	-0.29
Analysts	Buy
Price Target	2.90 (+74.7%)
Earnings Date	May 22, 2024

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; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recov...

• Industry: Information Technology Services
• Sector: Technology
• IPO Date: Apr 21, 2011
• Employees: 3,293
• Stock Exchange: NASDAQ
• Ticker Symbol: VNET

Financial Performance

In 2023, VNET Group's revenue was 7.41 billion, an increase of 4.92% compared to the previous year's 7.07 billion. Losses were -2.64 billion, 240.7% more than in 2022.

Financial numbers in CNY

Analyst Forecast

According to 2 analysts, the average rating for VNET stock is "Buy." The 12-month stock price forecast is $2.9, which is an increase of 74.70% from the latest price.

Price Target

$2.9

(74.70% upside)

Analyst Consensus: Buy