VNET Group, Inc. (VNET)
| Market Cap | 471.34M |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | -111.33M |
| Shares Out | 148.45M |
| EPS (ttm) | -0.82 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,022,363 |
| Open | 3.46 |
| Previous Close | 3.47 |
| Day's Range | 3.11 - 3.50 |
| 52-Week Range | 2.90 - 7.60 |
| Beta | -0.13 |
| Analysts | Buy |
| Price Target | 7.14 (+124.88%) |
| Earnings Date | Mar 21, 2023 |
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 ... [Read more]
Analyst Forecast
According to 17 analysts, the average rating for VNET stock is "Buy." The 12-month stock price forecast is $7.14, which is an increase of 124.88% from the latest price.
News
VNET Reports Unaudited Fourth Quarter and Full Year 2022 Financial Results
BEIJING , March 21, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announce...
VNET to Announce Unaudited Fourth Quarter and Full Year 2022 Financial Results on March 21, 2023
BEIJING , March 9, 2023 /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...
Bold Ally (Cayman) Limited: Enforcement of up to 76,273,626 Class A ordinary shares (equivalent to 12,712,271 American depositary shares) of VNET Group, Inc.
NEW YORK--(BUSINESS WIRE)--Following the occurrence of a default by GenTao Capital Limited (the “Borrower”), a shareholder of VNET Group, Inc. (the “Company”) (NASDAQ: VNET), under a US$50,250,000 mar...
Wall Street Analysts Predict a 174% Upside in 21Vianet (VNET): Here's What You Should Know
The average of price targets set by Wall Street analysts indicates a potential upside of 173.8% in 21Vianet (VNET). While the effectiveness of this highly sought-after metric is questionable, the posi...
VNET Reports Unaudited Third Quarter 2022 Financial Results
BEIJING , Nov. 22, 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...
VNET to Announce Unaudited Third Quarter 2022 Financial Results on November 22, 2022
BEIJING , Nov. 9, 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 ...
Strength Seen in 21Vianet (VNET): Can Its 10.3% Jump Turn into More Strength?
21Vianet (VNET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in...
VNET Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee
BEIJING , Oct. 14, 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 ...
Wall Street Analysts Think 21Vianet (VNET) Could Surge 183%: Read This Before Placing a Bet
The consensus price target hints at an 182.9% upside potential for 21Vianet (VNET). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estima...
VNET Announces Changes to Leadership Team
BEIJING , Sept. 15, 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 announc...
VNET Announces Receipt of Preliminary Non-Binding Proposal to Acquire All of Its Shares and Formation of Special Committee to Review the Proposal
BEIJING , Sept. 13, 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...
VNET Announces Change in Registrant's Certifying Accountant
BEIJING , Sept. 7, 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 announce...
VNET Reports Unaudited Second Quarter 2022 Financial Results
BEIJING , Aug. 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...
21Vianet (VNET) Moves 5.4% Higher: Will This Strength Last?
21Vianet (VNET) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
VNET Announces Change to Board Composition
BEIJING , Aug. 25, 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 announce...
VNET to Announce Unaudited Second Quarter 2022 Financial Results on August 30, 2022
BEIJING , Aug. 19, 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...
VNET Announces Changes to Board and Committees Composition
BEIJING , Aug. 9, 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...
Betting against data center REITs is a very dangerous short, says GGV's Richards
Jeff Richards, GGV Capital managing partner, joins 'TechCheck' to discuss if data center REITs could be in trouble, if it's dangerous to lump too many parts of technology together, and more.
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 i...
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 ...
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 ...
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 announc...
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 announc...
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?
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.