NASDAQ:VNET VNET Group - VNET Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding VNET Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $3.03 -0.17 (-5.31%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$3.02▼$3.1850-Day Range$2.98▼$6.6252-Week Range$2.90▼$7.60Volume1.84 million shsAverage Volume2.02 million shsMarket Capitalization$448.65 millionP/E RatioN/ADividend YieldN/APrice Target$7.27 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media VNET Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside139.8% Upside$7.27 Price TargetShort InterestHealthy4.13% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 15 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.63) to ($0.92) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.13 out of 5 starsComputer And Technology Sector346th out of 615 stocksComputer Programming, Data Processing, & Other Computer Related Industry29th out of 62 stocks 3.0 Analyst's Opinion Consensus RatingVNET Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.27, VNET Group has a forecasted upside of 139.8% from its current price of $3.03.Amount of Analyst CoverageVNET Group has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.13% of the outstanding shares of VNET Group have been sold short.Short Interest Ratio / Days to CoverVNET Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in VNET Group has recently decreased by 8.81%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldVNET Group does not currently pay a dividend.Dividend GrowthVNET Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VNET. Previous Next 3.1 News and Social Media Coverage News SentimentVNET Group has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 15 news articles for VNET Group this week, compared to 2 articles on an average week.Search Interest8 people have searched for VNET on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added VNET Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, VNET Group insiders have not sold or bought any company stock.Percentage Held by Insiders12.10% of the stock of VNET Group is held by insiders. A high percentage of insider ownership can be a sign of company health. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for VNET Group are expected to decrease in the coming year, from ($0.63) to ($0.92) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of VNET Group is -3.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of VNET Group is -3.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVNET Group has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About VNET Group (NASDAQ:VNET) StockVNET Group, Inc. is a holding company, which engages in the provision of carrier-neutral internet data center services. Its services include interconnectivity, colocation or data center managed hosting services, and cloud services. The company was founded by Sheng Chen and Jun Zhang on October 16, 1999 and is headquartered in Beijing, China.Read More Receive VNET Stock News and Ratings via Email Sign-up to receive the latest news and ratings for VNET Group and its competitors with MarketBeat's FREE daily newsletter. Email Address VNET Stock News HeadlinesMarch 29, 2023 | morningstar.comVNET Group Continues to Gain Market Share in the Chinese Wholesale MarketMarch 29, 2023 | americanbankingnews.comFY2023 EPS Estimates for VNET Group, Inc. (NASDAQ:VNET) Boosted by Jefferies Financial GroupMarch 30, 2023 | WealthPop (Ad)Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. March 26, 2023 | americanbankingnews.comFY2027 Earnings Forecast for VNET Group, Inc. (NASDAQ:VNET) Issued By Jefferies Financial GroupMarch 24, 2023 | msn.comDow Up 150 Points; Gold Jumps Over 2%March 24, 2023 | americanbankingnews.comVNET Group (NASDAQ:VNET) Cut to Neutral at NomuraMarch 22, 2023 | finanznachrichten.deVNET Group, Inc.: VNET Reports Unaudited Fourth Quarter and Full Year 2022 Financial ResultsMarch 22, 2023 | finance.yahoo.comVNET Group, Inc.: VNET Group Continues to Gain Market Share in the Chinese Wholesale MarketMarch 30, 2023 | WealthPop (Ad)Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. March 20, 2023 | seekingalpha.com21Vianet Group Q4 Earnings PreviewMarch 20, 2023 | benzinga.comA Preview Of VNET Group's EarningsMarch 17, 2023 | marketwatch.comGlobal Mobile Virtual Network Operator Market Statistics and Industry Share Analysis Forecast 2023-2028March 9, 2023 | finance.yahoo.comVNET to Announce Unaudited Fourth Quarter and Full Year 2022 Financial Results on March 21, 2023March 7, 2023 | marketwatch.comPerspective View on Mobile Virtual Network Operators (MVNO) Market 2023-2028 Size and Manufacturing Process Analysis | Report by Absolute ReportsMarch 2, 2023 | marketwatch.comMobile Virtual Network Operator Market Size, Share, Growth Statistics, Leading Players and Forecast 2029March 1, 2023 | thestreet.comWhy 21Vianet Group (VNET) Stock Hit a One-year Low TodayFebruary 28, 2023 | benzinga.comGDS Shifts to Deal-Making High-Gear to Keep Funding Its Money-Losing OperationsFebruary 27, 2023 | marketwatch.comLatest Mobile Virtual Network Operators (MVNO) Market Research Report (2023-2029)-Key Takeaways from Top CompaniesFebruary 23, 2023 | markets.businessinsider.comDBS Reaffirms Their Buy Rating on JD (JD)February 22, 2023 | marketwatch.comMobile Virtual Network Operator (MVNO) Market In 2023 : Volume, Analysis, Future Prediction, Overview and Forecast 2028February 14, 2023 | marketwatch.comVirtual Network Operators (MVNO) Market 2023 Structure Along With Size, Trends, Revenue, Market segments, Forecast to 2029February 8, 2023 | msn.comDubai investment company acquires Virgin Mobile Middle East and AfricaJanuary 30, 2023 | marketwatch.comVirtual Network Operators (MVNO) Market Growth and Global Share 2023 | Developing Regions, Emerging Trends and Industry Size Forecast to 2029January 27, 2023 | msn.comMobile user base falls for third straight month, down 0.5 million in NovemberJanuary 26, 2023 | msn.comVirginia man convicted of supporting ISIS accused of meeting with ‘American Talban’January 14, 2023 | seekingalpha.comVNET Group: Focus On SOE Partnership And Undemanding ValuationsDecember 18, 2022 | marketwatch.comMobile Virtual Network Operators (MVNO) Market Size 2023 : Segment Overview, Company Profiles, Regional Analysis and Forecast 2028See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive VNET Stock News and Ratings via Email Sign-up to receive the latest news and ratings for VNET Group and its competitors with MarketBeat's FREE daily newsletter. Email Address VNET Company Calendar Last Earnings8/23/2021Today3/29/2023Next Earnings (Estimated)5/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:VNET CUSIPN/A CIK1508475 Webwww.21vianet.com Phone861084562121Fax86-10-8456-4234Employees3,221Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.27 High Stock Price Forecast$9.40 Low Stock Price Forecast$5.90 Forecasted Upside/Downside+139.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.81) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-112,500,000.00 Net Margins-10.63% Pretax Margin-8.92% Return on Equity-10.28% Return on Assets-2.84% Debt Debt-to-Equity Ratio1.43 Current Ratio1.11 Quick Ratio1.26 Sales & Book Value Annual Sales$1.02 billion Price / Sales0.44 Cash Flow$1.79 per share Price / Cash Flow1.69 Book Value$6.84 per share Price / Book0.44Miscellaneous Outstanding Shares148,070,000Free Float130,157,000Market Cap$448.65 million OptionableOptionable Beta-0.13 Key ExecutivesJeff DongPresident & Chief Executive OfficerTim ChenChief Financial OfficerShi Qi WangCEO-Wholesale IDC Business GroupXin Yuan LiuHead-Investors RelationsKey CompetitorsSimilarwebNYSE:SMWBYalla GroupNYSE:YALARumbleNASDAQ:RUMSify TechnologiesNASDAQ:SIFYBlend LabsNYSE:BLNDView All CompetitorsInstitutional OwnershipNatixisBought 20,421 shares on 2/24/2023Ownership: 0.014%Alliancebernstein L.P.Sold 1,070,074 shares on 2/16/2023Ownership: 0.799%Centiva Capital LPSold 15,000 shares on 2/15/2023Ownership: 0.024%Legal & General Group PlcSold 2,170 shares on 2/15/2023Ownership: 0.010%Bardin Hill Management Partners LPBought 2,456 shares on 2/15/2023Ownership: 0.000%View All Institutional Transactions VNET Stock - Frequently Asked Questions Should I buy or sell VNET Group stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for VNET Group in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" VNET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VNET, but not buy additional shares or sell existing shares. View VNET analyst ratings or view top-rated stocks. What is VNET Group's stock price forecast for 2023? 3 Wall Street analysts have issued twelve-month price objectives for VNET Group's stock. Their VNET share price forecasts range from $5.90 to $9.40. On average, they expect the company's stock price to reach $7.27 in the next year. This suggests a possible upside of 139.8% from the stock's current price. View analysts price targets for VNET or view top-rated stocks among Wall Street analysts. How have VNET shares performed in 2023? VNET Group's stock was trading at $5.67 on January 1st, 2023. Since then, VNET shares have decreased by 46.6% and is now trading at $3.03. View the best growth stocks for 2023 here. When is VNET Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023. View our VNET earnings forecast. How were VNET Group's earnings last quarter? VNET Group, Inc. (NASDAQ:VNET) issued its quarterly earnings results on Monday, August, 23rd. The information technology services provider reported $3.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $3.09. The information technology services provider had revenue of $231.85 million for the quarter, compared to analysts' expectations of $228.01 million. VNET Group had a negative net margin of 10.63% and a negative trailing twelve-month return on equity of 10.28%. What ETFs hold VNET Group's stock? ETFs with the largest weight of VNET Group (NASDAQ:VNET) stock in their portfolio include Global X Cloud Computing ETF (CLOU), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Roundhill IO Digital Infrastructure ETF (BYTE), Fidelity Cloud Computing ETF (FCLD), SPDR FactSet Innovative Technology ETF (XITK), Wedbush ETFMG Global Cloud Technology ETF (IVES), ERShares NextGen Entrepreneurs ETF (ERSX) and iShares MSCI China Small-Cap ETF (ECNS). What other stocks do shareholders of VNET Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other VNET 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). What is VNET Group's stock symbol? VNET Group trades on the NASDAQ under the ticker symbol "VNET." Who are VNET Group's major shareholders? VNET Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include TT International Asset Management LTD (6.25%), DigitalBridge Group Inc. (1.30%), Verition Fund Management LLC (1.30%), Dimensional Fund Advisors LP (1.24%), Harbor Spring Capital LLC (1.18%) and Mirae Asset Global Investments Co. Ltd. (1.03%). How do I buy shares of VNET Group? Shares of VNET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is VNET Group's stock price today? One share of VNET stock can currently be purchased for approximately $3.03. How much money does VNET Group make? VNET Group (NASDAQ:VNET) has a market capitalization of $448.65 million and generates $1.02 billion in revenue each year. The information technology services provider earns $-112,500,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis. How many employees does VNET Group have? The company employs 3,221 workers across the globe. How can I contact VNET Group? VNET Group's mailing address is Guanjie Building Southeast 1st Floor 10# Jiuxianqiao East Road, Beijing F4, 100016. The official website for the company is www.21vianet.com. The information technology services provider can be reached via phone at 861084562121 or via fax at 86-10-8456-4234. This page (NASDAQ:VNET) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.