VNET Group/VNET

$1.47

-1.34%
-
1D1W1MYTD1YMAX

About VNET Group

VNET Group Inc, formerly 21Vianet Group Inc, is a carrier-neutral Internet data center services provider. The Company hosts its customers' servers and networking equipment and provides interconnectivity. The Company also provides managed network services to enable customers to deliver data across the Internet through its data transmission network and smart routing technology. The Company provides value-added services, such as content delivery network services, virtual private network services and last-mile wired broadband services. It offers public cloud services, private cloud and hybrid services. The Company also offers container-based data center service. The Company's service offerings include hosting and related services, and managed network services. The Company provides hosting and related services to house servers and networking equipment in its data centers and connects them through its data transmission network, and offers other hosting related value-added services.

Ticker

VNET

Sector

Technology

Trading on

NASDAQ

Industry

Computer Services

CEO

Sheng Chen

Employees

3,293

Headquarters

Beijing, China

VNET Group Metrics

BasicAdvanced
$383.47M
Market cap
-
P/E ratio
-$2.39
EPS
-0.27
Beta
-
Dividend rate
$383.47M
-0.27326
$3.88
$1.39
2.03M
0.859
133.729
218.153
-0.19%
-9.07%
-41.89%
-13.44%
0.375
0.266
0.6
4.92%
-228.11%
15.36%

What the Analysts think about VNET Group

Analyst Ratings

Majority rating from 8 analysts.
Buy

Price Targets

Average projection from 7 analysts.
152.38% upside
High $6.52
Low $1.80
$1.47
Current price
$3.71
Average price target

VNET Group Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-128.67% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
¥1.9B
0.61%
Net income
¥-2.44B
4,746.63%
Profit margin
-128.67%
4,719.1%

VNET Group Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 1,131.01%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
¥0.42
-¥1.56
-¥0.36
-¥15.88
-
Expected
-¥0.64
-¥0.39
-¥0.52
-¥1.29
-¥0.14
Surprise
-166%
298.42%
-30.28%
1,131.01%
-
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 a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
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FAQs

What’s the current market cap for VNET Group stock?

VNET Group (VNET) has a market cap of $383.47M as of April 23, 2024.

What is the P/E ratio for VNET Group stock?

The price to earnings (P/E) ratio for VNET Group (VNET) stock is 0 as of April 23, 2024.

Does VNET Group stock pay dividends?

No, VNET Group (VNET) stock does not pay dividends to its shareholders as of April 23, 2024.

When is the next VNET Group dividend payment date?

VNET Group (VNET) stock does not pay dividends to its shareholders.

What is the beta indicator for VNET Group?

VNET Group (VNET) has a beta rating of -0.27. This means that it has an inverse relation to market volatility.

What is the VNET Group stock price target?

The target price for VNET Group (VNET) stock is $3.71, which is 152.38% above the current price of $1.47. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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