VNET Group, Inc. (VNET)
NASDAQ: VNET · Real-Time Price · USD
3.560
-0.060 (-1.66%)
At close: Dec 20, 2024, 4:00 PM
3.600
+0.040 (1.12%)
After-hours: Dec 20, 2024, 7:11 PM EST
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 an increase of 51.69% from the current stock price of 3.56.
Analyst Consensus: Strong Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 3 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $6.4 → $7 | Strong Buy | Maintains | $6.4 → $7 | +96.63% | Nov 29, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades $5.2 | Hold → Strong Buy | Upgrades | $5.2 | +46.07% | Oct 9, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +12.36% | Sep 4, 2024 |
| 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 | -18.54% | Jun 12, 2023 |
Financial Forecast
Revenue This Year
8.23B
from 7.41B
Increased by 11.00%
Revenue Next Year
9.17B
from 8.23B
Increased by 11.50%
EPS This Year
0.83
from -17.60
EPS Next Year
0.14
from 0.83
Decreased by -83.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.5B | 9.8B | 11.4B | |||
| Avg | 8.2B | 9.2B | 10.4B | |||
| Low | 7.8B | 8.6B | 9.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 14.8% | 19.6% | 24.0% | |||
| Avg | 11.0% | 11.5% | 13.7% | |||
| Low | 5.6% | 4.4% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.39 | 1.20 | 0.36 |
| Avg | 0.83 | 0.14 | -0.14 |
| Low | 0.09 | -0.61 | -0.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 44.1% | 164.2% |
| Avg | - | -83.7% | - |
| 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.