VNET Group/$VNET

VNET Group shares are trading higher following positive analyst sentiment indicating a potential 51.6% upside and recognition as a top momentum pick.
1 hour ago·Lightyear AI
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About VNET Group

VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of March 2025, it had 51,960 retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 573 MW of wholesale capacity in service with a further 377 MW under construction and a further 670 MW held for future development.

Ticker

$VNET
Primary listing

Industry

IT Services
Headquarters

Employees

2,581

ISIN

US90138A1034

VNET Group Metrics

BasicAdvanced
$2.4B
-
-$0.01
0.05
-

What the Analysts think about VNET Group

Analyst ratings (Buy, Hold, Sell) for VNET Group stock.

Bulls say / Bears say

VNET Group announced a $50 million share repurchase program, signaling confidence in its financial health and commitment to enhancing shareholder value. (investing.com)
The company successfully closed a $430 million convertible notes offering, providing substantial capital for investment in wholesale internet data center projects, positioning it to capitalize on the growing demand for AI-driven data centers. (tipranks.com)
HSBC upgraded VNET's stock rating to 'Buy,' highlighting the company's advantage in AI-driven data centers due to high entry barriers and significant IT capacity requirements. (investing.com)
VNET reported a widened net loss of RMB237.6 million in Q1 2025, up from RMB187.0 million a year ago, primarily due to changes in the fair value of financial instruments, raising concerns about profitability. (rttnews.com)
The company's debt-to-equity ratio stands at 1.46, indicating a significant reliance on debt financing, which could pose risks if not managed effectively. (ainvest.com)
Analyst sentiment is divided, with some downgrading the stock to 'Sell' due to concerns over near-term risks like China's regulatory crackdowns on tech and the company's debt load. (ainvest.com)
Data summarised monthly by Lightyear AI. Last updated on 12 Jul 2025.

VNET Group Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

VNET Group Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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