VNET Group, Inc. (VNET)
NASDAQ: VNET · IEX Real-Time Price · USD
1.620
+0.040 (2.53%)
Apr 25, 2024, 10:27 AM EDT - Market open
VNET Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for VNET Group stock has a target of 2.90, which predicts an increase of 79.01% from the current stock price of 1.62.
Analyst Consensus: Buy
* Price targets were last updated on Jun 12, 2023.
Analyst Ratings
The average analyst rating for VNET Group stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
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 | +79.01% | Jun 12, 2023 |
| Credit Suisse | Credit Suisse | Buy → Hold Downgrades $7.2 → $5.9 | Buy → Hold | Downgrades | $7.2 → $5.9 | +264.20% | Sep 1, 2022 |
| Credit Suisse | Credit Suisse | Buy Maintains $11 → $8.2 | Buy | Maintains | $11 → $8.2 | +406.17% | 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
8.07B
from 7.41B
Increased by 8.81%
Revenue Next Year
8.80B
from 8.07B
Increased by 9.06%
EPS This Year
-0.88
from -17.58
EPS Next Year
-0.27
from -0.88
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.4B | 9.2B | 11.3B | 12.8B | 13.9B |
| Avg | 8.1B | 8.8B | 9.8B | 10.6B | 11.0B |
| Low | 7.7B | 8.3B | 8.4B | 8.4B | 8.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.0% | 13.5% | 28.2% | 30.1% | 31.6% |
| Avg | 8.8% | 9.1% | 11.9% | 7.3% | 4.5% |
| Low | 3.7% | 2.3% | -4.7% | -15.2% | -22.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.90 | -0.27 |
| Avg | -0.88 | -0.27 |
| Low | -0.84 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.