21Vianet Group Stock Forecast, Price & News

21Vianet Group's stock was trading at $14.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VNET shares have increased by 87.6% and is now trading at $28.04.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 21Vianet Group in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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21Vianet Group is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
View our earnings forecast for 21Vianet Group.

21Vianet Group, Inc. (NASDAQ:VNET) released its earnings results on Monday, November, 23rd. The information technology services provider reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.50. 21Vianet Group had a negative return on equity of 49.02% and a negative net margin of 55.01%.
View 21Vianet Group's earnings history.

21Vianet Group issued an update on its fourth quarter 2020 After-Hours earnings guidance on Tuesday, November, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $194.415-197.361 million.

7 Wall Street analysts have issued 1-year price objectives for 21Vianet Group's shares. Their forecasts range from $17.80 to $40.00. On average, they anticipate 21Vianet Group's share price to reach $25.93 in the next year. This suggests that the stock has a possible downside of 7.5%.
View analysts' price targets for 21Vianet Group.

21Vianet Group saw a increase in short interest in October. As of October 30th, there was short interest totaling 3,180,000 shares, an increase of 20.9% from the October 15th total of 2,630,000 shares. Based on an average daily trading volume, of 1,430,000 shares, the days-to-cover ratio is currently 2.2 days.
View 21Vianet Group's Short Interest.

Some companies that are related to 21Vianet Group include LINE (LN), Dada Nexus (DADA), Weibo (WB), OneConnect Financial Technology (OCFT), Chindata Group (CD), Medallia (MDLA), TripAdvisor (TRIP), HUYA (HUYA), Sabre (SABR), Switch (SWCH), Rackspace Technology (RXT), DouYu International (DOYU), Cardlytics (CDLX), SVMK (SVMK) and Pluralsight (PS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other 21Vianet Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), Baidu (BIDU), Micron Technology (MU), ServiceNow (NOW), QUALCOMM (QCOM), Taiwan Semiconductor Manufacturing (TSM), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Energy Transfer (ET).

21Vianet Group trades on the NASDAQ under the ticker symbol "VNET."

21Vianet Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Morgan Stanley (6.07%), Sylebra Capital Ltd (2.99%), Bloom Tree Partners LLC (2.87%), Thornburg Investment Management Inc. (1.74%), Point72 Asset Management L.P. (1.46%) and BlackRock Inc. (1.41%).

VNET stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Aspex Management HK Ltd, Morgan Stanley, Assenagon Asset Management S.A., JPMorgan Chase & Co., Banco Santander S.A., Connor Clark & Lunn Investment Management Ltd., and BNP Paribas Arbitrage SA.

VNET stock was purchased by a variety of institutional investors in the last quarter, including Bloom Tree Partners LLC, Thornburg Investment Management Inc., Point72 Asset Management L.P., Principal Financial Group Inc., Barings LLC, Sylebra Capital Ltd, BlackRock Inc., and Anatole Investment Management Ltd.

Shares of VNET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of VNET stock can currently be purchased for approximately $28.04.

21Vianet Group has a market capitalization of $3.17 billion and generates $544.25 million in revenue each year. The information technology services provider earns $-26,180,000.00 in net income (profit) each year or ($0.24) on an earnings per share basis. 21Vianet Group employs 2,295 workers across the globe.

The official website for 21Vianet Group is www.21vianet.com.

21Vianet Group's mailing address is Guanjie Building Southeast 1st Floor 10# Jiuxianqiao East Road, Beijing F4, 100016. The information technology services provider can be reached via phone at 861084562121.