VNET Group Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for VNET Group stock have an average target of 4.60, with a low estimate of 4.00 and a high estimate of 5.20. The average target predicts an increase of 22.34% from the current stock price of 3.76.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.00	$4.60	$5.20	$5.20
Change	+6.38%	+22.34%	+38.30%	+38.30%

* Price targets were last updated on Oct 9, 2024.

Analyst Ratings

The average analyst rating for VNET Group stock from 3 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	2	3	3
Buy	0	0	0	0	0	0
Hold	1	1	1	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Helen Fang HSBC	HSBC	Hold → Strong Buy Upgrades $5.2	Hold → Strong Buy	Upgrades	$5.2	+38.30%	Oct 9, 2024
Louis Tsang Citigroup	Citigroup	Strong Buy Initiates $4	Strong Buy	Initiates	$4	+6.38%	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	-22.87%	Jun 12, 2023
Clive Cheung Credit Suisse	Credit Suisse	Buy → Hold Downgrades $7.2 → $5.9	Buy → Hold	Downgrades	$7.2 → $5.9	+56.91%	Sep 1, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

8.15B

from 7.41B

9.88%

from 7.41B

Revenue Next Year

9.13B

from 8.15B

12.11%

from 8.15B

EPS This Year

-0.32

from -17.60

EPS Next Year

-0.09

from -0.32

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
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
Revenue	3.79B	4.83B	6.19B	7.07B	7.41B	8.15B	9.13B	10.26B
Revenue Growth	11.41%	27.45%	28.18%	14.14%	4.92%	9.88%	12.11%	12.40%
EPS	-1.64	-26.82	-2.14	-5.25	-17.60	-0.32	-0.09	0.12
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	236.61
No. Analysts	-	-	-	-	-	10	10	8

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

Revenue Forecast

Revenue	2024	2025	2026
High	8.4B	10.3B	11.2B
Avg	8.1B	9.1B	10.3B
Low	7.8B	8.6B	9.5B

Revenue Growth

Revenue Growth	2024	2025	2026
High	13.4%	26.6%	22.8%
Avg	9.9%	12.1%	12.4%
Low	4.8%	5.1%	3.7%

EPS Forecast

EPS	2024	2025	2026
High	0.02	1.11	1.52
Avg	-0.32	-0.09	0.12
Low	-1.43	-1.38	-0.68

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.