VNET Group (VNET) Projected to Post Earnings on Thursday

Key Points

• VNET Group is set to release its Q2 2025 earnings on August 21st, with analysts expecting earnings of $0.01 per share and revenue of $2.27 billion.
• Last quarter, VNET reported an EPS of ($0.12), significantly missing the consensus estimate, and its revenue was only $309.52 million compared to analyst expectations of $2.22 billion.
• Institutional investors own approximately 72.83% of VNET Group's stock, with notable increases in holdings from firms like JPMorgan Chase and Quantbot Technologies in the most recent quarter.

VNET Group (NASDAQ:VNET - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, August 21st. Analysts expect VNET Group to post earnings of $0.01 per share and revenue of $2.27 billion for the quarter.

VNET Group (NASDAQ:VNET - Get Free Report) last released its quarterly earnings data on Wednesday, May 28th. The information technology services provider reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11). The business had revenue of $309.52 million for the quarter, compared to analyst estimates of $2.22 billion. VNET Group had a return on equity of 2.11% and a net margin of 1.66%. During the same period in the prior year, the company posted ($0.28) earnings per share. On average, analysts expect VNET Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

VNET Group Trading Up 2.7%

NASDAQ:VNET opened at $8.01 on Thursday. The stock has a 50-day simple moving average of $7.24 and a 200-day simple moving average of $7.80. The stock has a market cap of $2.15 billion, a P/E ratio of -801.00, a P/E/G ratio of 3.18 and a beta of 0.18. VNET Group has a 1 year low of $1.72 and a 1 year high of $16.13. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.10 and a current ratio of 1.10.

VNET Group announced that its Board of Directors has initiated a share repurchase plan on Friday, June 27th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the information technology services provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Institutional Investors Weigh In On VNET Group

Several hedge funds have recently made changes to their positions in VNET. JPMorgan Chase & Co. boosted its holdings in VNET Group by 1,201.2% in the second quarter. JPMorgan Chase & Co. now owns 511,417 shares of the information technology services provider's stock valued at $3,529,000 after acquiring an additional 472,115 shares during the last quarter. Quantbot Technologies LP boosted its holdings in VNET Group by 333.0% in the second quarter. Quantbot Technologies LP now owns 18,805 shares of the information technology services provider's stock valued at $130,000 after acquiring an additional 14,462 shares during the last quarter. Geode Capital Management LLC boosted its holdings in VNET Group by 3.2% in the second quarter. Geode Capital Management LLC now owns 241,964 shares of the information technology services provider's stock valued at $1,670,000 after acquiring an additional 7,489 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in VNET Group by 52.2% in the second quarter. EverSource Wealth Advisors LLC now owns 4,157 shares of the information technology services provider's stock valued at $29,000 after purchasing an additional 1,426 shares during the period. Institutional investors and hedge funds own 72.83% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen raised VNET Group from a "sell" rating to a "hold" rating in a research note on Sunday, July 13th. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $9.30.

VNET Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.