Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 408.24M P/E - EPS this Y 94.70% Ern Qtrly Grth -
Income -2.64B Forward P/E -4.82 EPS next Y 23.10% 50D Avg Chg -4.00%
Sales 7.41B PEG -7.03 EPS past 5Y -47.15% 200D Avg Chg -34.00%
Dividend N/A Price/Book 0.06 EPS next 5Y 11.80% 52W High Chg -60.00%
Recommedations 2.20 Quick Ratio 0.40 Shares Outstanding 257.36M 52W Low Chg 9.00%
Insider Own 7.55% ROA -0.22% Shares Float 424.55M Beta -0.29
Inst Own 32.11% ROE -38.49% Shares Shorted/Prior 8.53M/8.89M Price 2.75
Gross Margin 17.44% Profit Margin -35.67% Avg. Volume 1,045,062 Target Price 3.78
Oper. Margin -17.95% Earnings Date May 22 Volume 757,333 Change -2.14%
About VNET Group, Inc.

VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN Services that extend customers' private networks by setting up connections through the public internet. The company also provides server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.

VNET Group, Inc. News
04/22/24 VNET Announces Changes to Leadership Team
03/27/24 VNET Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results
03/21/24 VNET or DASH: Which Is the Better Value Stock Right Now?
03/14/24 VNET to Announce Unaudited Fourth Quarter and Full Year 2023 Financial Results on March 27, 2024
02/05/24 VNET Announces the Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2026
01/31/24 VNET Announces the Results of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2026
01/27/24 18 Best 52-Week Low Stocks To Buy Now
01/10/24 VNET Welcomes New Executive Director to Board
01/09/24 VNET Announces Results of 2024 January Extraordinary General Meeting
12/28/23 VNET Inks Strategic Partnership with Shandong Hi-Speed Holdings Group Limited
12/28/23 VNET Announces the Completion of US$299 Million Strategic Investment from Shandong Hi-Speed Holdings Group Limited and the Repurchase Right Notification for 0.00% Convertible Senior Notes due 2026
12/22/23 21Vianet (VNET) Now Trades Above Golden Cross: Time to Buy?
12/18/23 VNET Hosts US-China Green Energy Council at Taicang Data Center Campus, Showcases Renewable Energy Development
11/16/23 VNET Announces US$299 Million Strategic Investment from Shandong Hi-Speed Holdings Group Limited
11/15/23 VNET Reports Unaudited Third Quarter 2023 Financial Results
11/03/23 VNET to Announce Unaudited Third Quarter 2023 Financial Results on November 15, 2023
10/05/23 VNET Announces Results of 2023 Extraordinary General Meeting
03:30 PM VNET Reports Unaudited Second Quarter 2023 Financial Results
08/10/23 VNET to Announce Unaudited Second Quarter 2023 Financial Results on August 23, 2023
06/19/23 Are Investors Undervaluing Baidu (BIDU) Right Now?
VNET Chatroom

User Image DonCorleone77 Posted - 14 hours ago

$VNET VNET Group CEO Jeff Dong resigns VNET Group "announced that Mr. Jeff Dong has resigned from his position as the Company's Chief Executive Officer due to personal reasons. Mr. Josh Sheng Chen, Founder and Co-chairperson of VNET, has been appointed to succeed Mr. Dong as the Company's interim CEO, effective immediately. The Company will announce once the appointment of the permanent CEO has been confirmed."

User Image Leopolis Posted - 3 days ago

$VNET someone just bought 67k 👀

User Image AlphaRespond Posted - 1 week ago

@MoneyPenny91 $RXT $BLZE $VNET $BIGC

User Image mikesterz7 Posted - 03/28/24

$VNET Fourth Quarter 2023 Financial Highlights Net revenues increased to RMB1.90 billion (US$267.4 million) from RMB1.88 billion in the same period of 2022. Adjusted cash gross profit (non-GAAP) increased to RMB741.7 million (US$104.5 million) from RMB740.1 million in the same period of 2022. Adjusted cash gross margin (non-GAAP) was 39.1%, compared with 39.4% in the same period of 2022. Adjusted EBITDA (non-GAAP) increased by 3.8% to RMB440.2 million (US$62.0 million) from RMB424.3 million in the same period of 2022. Adjusted EBITDA margin (non-GAAP) was 23.2%, compared with 22.6% in the same period of 2022.

User Image VS0123 Posted - 03/28/24

$VNET good ebitda, good cash balance, reasonable ocf, reasonable revenue growth considering the economical challenges. Current valuation is a joke. Trades like it is going to get bankrupt any day now.

User Image Viktor12321 Posted - 03/27/24

$VNET bloodbath tomorrow

User Image lecorb Posted - 03/27/24

$VNET VNET Gr Q4 EPS $(0.48) Misses $(0.18) Estimate, Sales $267.39M Miss $279.03M Estimate 5:20 pm ET March 27, 2024 (Benzinga) VNET Gr (NASDAQ:VNET) reported quarterly losses of $(0.48) per share which missed the analyst consensus estimate of $(0.18) by 166.67 percent. This is a 700 percent decrease over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $267.39 million which missed the analyst consensus estimate of $279.03 million by 4.17 percent. This is a 1.94 percent decrease over sales of $272.67 million the same period last year.

User Image lecorb Posted - 03/27/24

$VNET CHINA!!! https://www.prnewswire.com/news-releases/vnet-reports-unaudited-fourth-quarter-and-full-year-2023-financial-results-302101231.html

User Image epsguid Posted - 03/27/24

$VNET reported earnings of $0.06, consensus was $0.00 via @eWhispers #epsbeat http://eps.sh/d/vnet

User Image DonCorleone77 Posted - 03/27/24

$VNET VNET Group sees FY24 revenue up 5.2%-7.9% to RMB7.8B-RMB8B Sees FY24 adjusted EBITDA RMB 2.22B-RMB2.28B.

User Image DonCorleone77 Posted - 03/27/24

$VNET VNET Group reports Q4 EPS (RMB2.65) vs. (RMB0.07) last year Q4 EPS expressed in USD was (37c). Reports Q4 revenue up 0.9% to RMB1.90B or $267.4M vs. RMB1.88B last year. "Throughout 2023, we strongly executed our effective dual-core strategy amid the steady economic recovery, ending the year on a solid note," said CEO Jeff Dong. "We extended our track record of timely, high-quality deliveries with 8,321 self-built cabinets delivered, meeting our 2023 target, with our overall utilization rate increasing to 59.0% compared with 55.0% one year ago. We also effectively leveraged advanced technology and IDC resources to develop reliable solutions for the increasing demand driven by AI applications in various industries. Heading into 2024, we will continue to build on our core capabilities to capture opportunities arising from AI development and facilitate digital transformation across a broad spectrum of verticals...."

User Image Stock_Titan Posted - 03/27/24

$VNET VNET Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results https://www.stocktitan.net/news/VNET/vnet-reports-unaudited-fourth-quarter-and-full-year-2023-financial-di7gk2fc3djg.html

User Image DonCorleone77 Posted - 03/27/24

$VNET 21Vianet options imply 14.9% move in share price post-earnings Pre-earnings options volume in 21Vianet is 3.7x normal with puts leading calls :. Implied volatility suggests the market is anticipating a move near 14.9%, or 26c, after results are released. Median move over the past eight quarters is 4.7%.

User Image Vestorinvest Posted - 03/27/24

$CANG $VNET $CGA Take a look at creg cash heavy, trading at 0.13 cents on the dollar of cash, has been quite for 2 years could have something brewing!

User Image Vestorinvest Posted - 03/27/24

$WIMI $QD $VNET Check out CREG!

User Image Bigeyes2 Posted - 03/25/24

$VNET Swing-Long

User Image eWhispers Posted - 1 month ago

China stocks have been the laggards during the quarter, but 78% of the China SPDR ETF $GXC have had estimates revised higher since reporting last and just about the only ones that haven't, just haven't reported yet, $DADA & $VNET, but they, along with $NOAH & $DOYU report #earnings next week. https://www.earningswhispers.com/wrs

User Image KimAntony Posted - 1 month ago

$VNET upgraded this morning - https://www.streetinsider.com/rating_history.php?q=vnet

User Image ThebookofEli Posted - 1 month ago

$VNET 🙏🏽🙏🏽

User Image Gororo Posted - 1 month ago

$VNET $GDS demand and pricing is up across the board in the US due to cloud /AI. Will Chinese data center demand follow a similar path over the forward 2 years? https://www.datacenterdynamics.com/en/news/ai-demand-and-limited-capacity-drive-us-data-center-prices-up-19/

User Image JohnTill Posted - 1 month ago

$VNET Go figure and pattern complete and just a few days late. Closed out my position today at $2.01-2.07. Overall ~40% on the trade on some decent size and will not complain given the market today. Good luck to those still long and hope you get your buyout. Will revisit lower.

User Image Stock_Titan Posted - 1 month ago

$VNET VNET to Announce Unaudited Fourth Quarter and Full Year 2023 Financial Results on March 27, 2024 https://www.stocktitan.net/news/VNET/vnet-to-announce-unaudited-fourth-quarter-and-full-year-2023-go19c1u7liqc.html

User Image FunCoupons00 Posted - 1 month ago

$VNET

User Image jeromebowell Posted - 1 month ago

$VNET Another potential ripper.

User Image JohnTill Posted - 1 month ago

$VNET Wow - selling and locking in all the profits on $KC and $GDS and staying with VNET seemed stupid six days ago. I do not care if it was luck or skill but saved me ~35% lost profits on these plays overall. BABA screwed up this market royally with price cuts and I take back those AI comments with this price war going on. Taking a few more off on VNET on this strength and greener pastures out there.

User Image Jowedd Posted - 1 month ago

$VNET swing from here.

User Image JohnTill Posted - 02/27/24

$VNET I posted this at the end of Feb. prior to the green part. Doesn't anybody else find it amazing how this as followed the path exactly? I said history sometimes rhymes but not exactly repeats - go figures. Either way I am glad I rolled even more into the VNET position yesterday up a very decent clip now with stops in place but waiting on that pop. New buyout news to get us rolling?? Good luck to those long.

User Image JohnTill Posted - 02/26/24

$KC $VNET VNET is now lagging KC in a big way the past few days. Locking in my KC profits and rolling them into VNET at this level since I think VNET will follow soon. However still think the AI hype is going to hit this sector and already locked in GDS. VNET is next.

User Image JohnTill Posted - 2 months ago

$VNET $GDS $KC all rocking it today. Given NDVA's news it really does seem like only a matter of time before we start seeing a load of articles how data centers will benefit given the increased AI loads. Personally think NDVA's is going to hit a wall soon and this is a commodity boom but that does not mean the hype is not real. This train might be just starting if that hype starts. I have positions in all three from lower levels with the biggest one in VNET. I already locked in a bunch of GDS profits after nailing that bottom.

User Image FunCoupons00 Posted - 2 months ago

$VNET $1.55 entry looking for at least $1.75

Analyst Ratings
B of A Securities Buy Mar 19, 24
HSBC Hold Jun 12, 23
Credit Suisse Neutral Sep 1, 22
Credit Suisse Outperform May 17, 22
HSBC Buy Nov 22, 21
Goldman Sachs Sell Nov 19, 21
HSBC Hold Oct 11, 21
Citigroup Buy Aug 25, 21
JP Morgan Overweight Aug 17, 21