VNET Group, Inc. (VNET)
NASDAQ: VNET · Real-Time Price · USD
3.370
-0.030 (-0.88%)
Nov 4, 2024, 4:00 PM EST - Market closed
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 36.50% from the current stock price of 3.37.
Analyst Consensus: Strong Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HSBC | HSBC | Hold → Strong Buy Upgrades $5.2 | Hold → Strong Buy | Upgrades | $5.2 | +54.30% | Oct 9, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | +18.69% | 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 | -13.95% | Jun 12, 2023 |
| Credit Suisse | Credit Suisse | Buy → Hold Downgrades $7.2 → $5.9 | Buy → Hold | Downgrades | $7.2 → $5.9 | +75.07% | Sep 1, 2022 |
Financial Forecast
Revenue This Year
8.13B
from 7.41B
Increased by 9.69%
Revenue Next Year
9.15B
from 8.13B
Increased by 12.53%
EPS This Year
-0.39
from -17.60
EPS Next Year
0.09
from -0.39
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.4B | 10.3B | 11.2B | ||
| Avg | 8.1B | 9.2B | 10.3B | ||
| Low | 7.8B | 8.6B | 9.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.3% | 26.8% | 22.5% | ||
| Avg | 9.7% | 12.5% | 12.6% | ||
| Low | 4.8% | 5.3% | 3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.02 | 1.11 | 1.52 |
| Avg | -0.39 | 0.09 | 0.34 |
| Low | -1.43 | -1.38 | -0.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 1,645.8% |
| Avg | - | - | 290.3% |
| 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.