VNET Group, Inc. (VNET)
NASDAQ: VNET · IEX Real-Time Price · USD
2.180
+0.120 (5.83%)
At close: Jul 2, 2024, 4:00 PM
2.120
-0.060 (-2.75%)
After-hours: Jul 2, 2024, 7:12 PM EDT
VNET Group Stock Forecast
Stock Price Forecast
There is currently no analyst price target forecast available for VNET Group.
Analyst Consensus: Strong Buy
Analyst Ratings
According to 1 stock analyst, the rating for VNET Group is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 19, 2024 |
| HSBC | HSBC | Strong Buy → Hold Downgrades $6.6 → $2.9 | Strong Buy → Hold | Downgrades | $6.6 → $2.9 | +33.03% | Jun 12, 2023 |
| Credit Suisse | Credit Suisse | Buy → Hold Downgrades $7.2 → $5.9 | Buy → Hold | Downgrades | $7.2 → $5.9 | +170.64% | Sep 1, 2022 |
| Credit Suisse | Credit Suisse | Buy Maintains $11 → $8.2 | Buy | Maintains | $11 → $8.2 | +276.15% | May 17, 2022 |
| HSBC | HSBC | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Nov 22, 2021 |
Financial Forecast
Revenue This Year
8.06B
from 7.41B
Increased by 8.67%
Revenue Next Year
8.89B
from 8.06B
Increased by 10.35%
EPS This Year
-0.21
from -17.58
EPS Next Year
0.34
from -0.21
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.4B | 9.2B | 10.3B | 11.7B | 13.1B |
| Avg | 8.1B | 8.9B | 9.9B | 10.1B | 10.7B |
| Low | 7.7B | 8.5B | 9.4B | 8.4B | 8.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.9% | 14.0% | 16.4% | 18.0% | 30.5% |
| Avg | 8.7% | 10.4% | 11.8% | 1.4% | 6.3% |
| Low | 3.4% | 5.3% | 6.1% | -15.4% | -17.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.17 | 0.98 | -0.17 |
| Avg | -0.21 | 0.34 | -0.17 |
| Low | -0.25 | -0.25 | -0.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.