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. $6.21 -0.28 (-4.31%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.18▼$6.4150-Day Range$4.63▼$6.5552-Week Range$3.51▼$9.13Volume873,957 shsAverage Volume1.18 million shsMarket Capitalization$904.62 millionP/E RatioN/ADividend YieldN/APrice Target$7.27 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media VNET Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside17.0% Upside$7.27 Price TargetShort InterestHealthy4.54% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.00Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.98) to ($0.64) 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.1.85 out of 5 starsComputer And Technology Sector414th out of 610 stocksComputer Programming, Data Processing, & Other Computer Related Industry41st out of 61 stocks 2.0 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, 2 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 17.0% from its current price of $6.21.Amount of Analyst CoverageVNET Group has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.54% 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 4.1.Change versus previous monthShort interest in VNET Group has recently decreased by 5.44%, 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 3.3 News and Social Media Coverage News SentimentVNET Group has a news sentiment score of 1.00. 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 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for VNET Group this week, compared to 1 article on an average week.MarketBeat Follows1 people have added VNET Group to their MarketBeat watchlist in the last 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 1.3 Earnings and Valuation Earnings GrowthEarnings for VNET Group are expected to grow in the coming year, from ($0.98) to ($0.64) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of VNET Group is -6.27, 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 -6.27, 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 0.76. 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 HeadlinesJanuary 30, 2023 | marketwatch.comVirtual Network Operators (MVNO) Market Growth and Global Share 2023 | Developing Regions, Emerging Trends and Industry Size Forecast to 2029January 28, 2023 | americanbankingnews.comVNET Group (NASDAQ:VNET) Sees Large Volume IncreaseFebruary 4, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 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 2028December 15, 2022 | finance.yahoo.comVNET Group, Inc. (NASDAQ:VNET) Q3 2022 Earnings Call TranscriptFebruary 4, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…November 24, 2022 | finance.yahoo.comVNET Group, Inc.: VNET Group Making Wholesale Gains; FVE Reduced to USD 8.60 on Currency WeaknessNovember 23, 2022 | finance.yahoo.comWall Street Analysts Predict a 174% Upside in 21Vianet (VNET): Here's What You Should KnowNovember 23, 2022 | finanznachrichten.deVNET Group, Inc.: VNET Reports Unaudited Third Quarter 2022 Financial ResultsNovember 22, 2022 | finance.yahoo.comVNET Reports Unaudited Third Quarter 2022 Financial ResultsNovember 15, 2022 | msn.comAsian ADRs Soar in Tuesday Trading on Positive US Inflation DataNovember 9, 2022 | finance.yahoo.comIs Trivago (TRVG) Stock Undervalued Right Now?November 3, 2022 | seekingalpha.comManagement-Led Group Advances In VNET Bidding War, As Big Names Line Up To PlayOctober 18, 2022 | msn.comAsian ADRs Move Lower in Tuesday TradingOctober 10, 2022 | finance.yahoo.comWall Street Analysts Think 21Vianet (VNET) Could Surge 183%: Read This Before Placing a BetSeptember 28, 2022 | seekingalpha.comVNET Group: Potential Buyout From FounderSeptember 22, 2022 | money.usnews.comVNET Group Inc - ADRSeptember 15, 2022 | finance.yahoo.comVNET Announces Changes to Leadership TeamSeptember 14, 2022 | wsj.comVNET Group Inc. ADRSeptember 14, 2022 | marketwatch.comADRs End Higher; VNET Group, ABB Trade ActivelySeptember 13, 2022 | marketwatch.comVNET Group Up 29% on Buyout Approach From Founder/ChairmanSeptember 13, 2022 | finance.yahoo.comVNET Announces Receipt of Preliminary Non-Binding Proposal to Acquire All of Its Shares and Formation of Special Committee to Review the ProposalSeptember 7, 2022 | finance.yahoo.comVNET Announces Change in Registrant's Certifying AccountantSeptember 6, 2022 | msn.com1GDS, VNET : VNET Slashes Expansion Plans as Private Equity Buyout Remains in PlaySee 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 Earnings11/22/2022Today2/04/2023Next Earnings (Estimated)3/29/2023Fiscal 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+17.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.99) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$78.48 million Net Margins-10.14% Pretax Margin-7.77% Return on Equity-9.42% Return on Assets-2.77% Debt Debt-to-Equity Ratio1.53 Current Ratio1.26 Quick Ratio1.26 Sales & Book Value Annual Sales$6.93 billion Price / Sales0.13 Cash Flow$1.82 per share Price / Cash Flow3.41 Book Value$8.19 per share Price / Book0.76Miscellaneous Outstanding Shares145,672,000Free Float128,046,000Market Cap$904.62 million OptionableOptionable Beta-0.15 Key ExecutivesJeff DongPresident & Chief Executive OfficerTim ChenChief Financial OfficerShi Qi WangCEO-Wholesale IDC Business GroupXin Yuan LiuHead-Investors RelationsKey CompetitorsEventbriteNYSE:EBNextdoorNYSE:KINDPubMaticNASDAQ:PUBMTaboola.comNASDAQ:TBLACEVANASDAQ:CEVAView All CompetitorsInsiders & InstitutionsNisa Investment Advisors LLCBought 413,000 shares on 2/2/2023Ownership: 0.284%Simplex Trading LLCBought 71,600 shares on 2/2/2023Ownership: 0.000%Profund Advisors LLCBought 13,560 shares on 2/2/2023Ownership: 0.009%Exchange Traded Concepts LLCBought 2,295 shares on 1/27/2023Ownership: 0.004%National Bank of Canada FIBought 269,000 shares on 1/24/2023Ownership: 0.185%View All Institutional Transactions VNET Stock - Frequently Asked Questions Should I buy or sell VNET Group stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VNET Group in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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? 2 equities research analysts have issued twelve-month target prices for VNET Group's shares. Their VNET share price forecasts range from $5.90 to $9.40. On average, they predict the company's stock price to reach $7.27 in the next twelve months. This suggests a possible upside of 17.0% 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 at the start of the year. Since then, VNET stock has increased by 9.5% and is now trading at $6.21. 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 Wednesday, March 29th 2023. View our VNET earnings forecast. How were VNET Group's earnings last quarter? VNET Group, Inc. (NASDAQ:VNET) announced its quarterly earnings results on Tuesday, November, 22nd. The information technology services provider reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.35. The information technology services provider had revenue of $255.04 million for the quarter, compared to the consensus estimate of $265.08 million. VNET Group had a negative trailing twelve-month return on equity of 9.42% and a negative net margin of 10.14%. What guidance has VNET Group issued on next quarter's earnings? VNET Group updated its FY 2022 earnings guidance on Thursday, December, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.02 billion-$1.06 billion, compared to the consensus revenue estimate of $1.02 billion. 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 a number of institutional and retail investors. Top institutional investors include Nisa Investment Advisors LLC (0.28%), National Bank of Canada FI (0.18%), Simplex Trading LLC (0.00%), Profund Advisors LLC (0.01%), Exchange Traded Concepts LLC (0.00%) and Exchange Traded Concepts LLC (0.00%). 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 $6.21. How much money does VNET Group make? VNET Group (NASDAQ:VNET) has a market capitalization of $904.61 million and generates $971.32 million in revenue each year. The information technology services provider earns $78.48 million in net income (profit) each year or ($0.99) 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 2/4/2023 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. 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