VNET Group Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for VNET Group stock have an average target of 5.40, with a low estimate of 4.00 and a high estimate of 7.00. The average target predicts a decrease of -62.99% from the current stock price of 14.59.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.00	$5.40	$5.20	$7.00
Change	-72.58%	-62.99%	-64.36%	-52.02%

* Price targets were last updated on Nov 29, 2024.

Analyst Ratings

The average analyst rating for VNET Group stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	2	3	4	4	4	4
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	3	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Wang UBS	UBS	Strong Buy Maintains $6.4 → $7	Strong Buy	Maintains	$6.4 → $7	-52.02%	Nov 29, 2024
Helen Fang HSBC	HSBC	Hold → Strong Buy Upgrades $5.2	Hold → Strong Buy	Upgrades	$5.2	-64.36%	Oct 9, 2024
Louis Tsang Citigroup	Citigroup	Strong Buy Initiates $4	Strong Buy	Initiates	$4	-72.58%	Sep 4, 2024
Daley Li 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
Helen Fang HSBC	HSBC	Strong Buy → Hold Downgrades $6.6 → $2.9	Strong Buy → Hold	Downgrades	$6.6 → $2.9	-80.12%	Jun 12, 2023

Full Analyst Rating History

Financial Forecast

Revenue This Year

8.24B

from 7.41B

11.17%

from 7.41B

Revenue Next Year

9.18B

from 8.24B

11.41%

from 8.24B

EPS This Year

0.87

from -17.60

EPS Next Year

0.26

from 0.87

-69.99%

from 0.87

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028	FY 2029
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027	Dec 31, 2028	Dec 31, 2029
Revenue	3.79B	4.83B	6.19B	7.07B	7.41B	8.24B	9.18B	10.43B	11.42B	12.36B	13.21B
Revenue Growth	11.41%	27.45%	28.18%	14.14%	4.92%	11.17%	11.41%	13.62%	9.48%	8.22%	6.92%
EPS	-1.64	-26.82	-2.14	-5.25	-17.60	0.87	0.26	0.19	-	-	-
EPS Growth	-	-	-	-	-	-	-69.99%	-28.76%	-	-	-
Forward PE	-	-	-	-	-	121.19	403.76	566.76	-	-	-
No. Analysts	-	-	-	-	-	13	13	11	5	5	4

Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	8.5B	9.8B	11.5B	12.5B	13.4B	14.1B
Avg	8.2B	9.2B	10.4B	11.4B	12.4B	13.2B
Low	7.9B	8.6B	9.4B	10.2B	11.5B	12.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	14.9%	19.4%	25.7%	20.2%	17.4%	14.1%
Avg	11.2%	11.4%	13.6%	9.5%	8.2%	6.9%
Low	6.2%	4.3%	2.7%	-2.3%	0.4%	-1.1%

EPS Forecast

EPS	2024	2025	2026
High	1.39	1.20	1.00
Avg	0.87	0.26	0.19
Low	0.09	-0.61	-0.79

EPS Growth

EPS Growth	2024	2025	2026
High	-	37.1%	280.7%
Avg	-	-70.0%	-28.8%
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.