We are experiencing some temporary issues. The market data on this page is currently delayed. Please bear with us as we address this and restore your personalized lists.
VNET Group, Inc. (VNET)
After hours:
Chart Events
Performance Outlook
| Previous Close | 1.7400 |
| Open | 1.7300 |
| Bid | 1.6000 x 600 |
| Ask | 1.6300 x 300 |
| Day's Range | 1.6100 - 1.7300 |
| 52 Week Range | 1.3900 - 3.8800 |
| Volume | |
| Avg. Volume | 2,122,941 |
| Market Cap | 414.356M |
| Beta (5Y Monthly) | -0.29 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.2500 |
| Earnings Date | May 22, 2024 - May 27, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 3.89 |
Fair Value
Subscribe to Yahoo Finance Plus to view Fair Value for VNET
Related Research
- VNET Group, Inc.Analyst Report: VNET Group, Inc.VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At end-December 2023 it had 89,357 self-built cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also operated partnered data centers with around 4,240 cabinets and had 476 MW of wholesale capacity contracted or under a memorandum of understanding.RatingFair ValueEconomic Moat20 hours agoMorningstar
PR NewswireVNET Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results
VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.
ZacksVNET or DASH: Which Is the Better Value Stock Right Now?
VNET vs. DASH: Which Stock Is the Better Value Option?
PR NewswireVNET to Announce Unaudited Fourth Quarter and Full Year 2023 Financial Results on March 27, 2024
VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited fourth quarter and full year 2023 financial results on Wednesday, March 27, 2024, after the close of U.S. markets.
PR NewswireVNET Announces the Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2026
VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the completion of its previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No. 90138V AB3) (the "Notes"). The repurchase right offer expired at 5:00 p.m. (New York City time) on Tuesday, January 30, 2024. Based on information from Citibank, N.A. as the paying agent for the Notes, US$6
PR NewswireVNET Announces the Results of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2026
VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the results of its previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No. 90138V AB3) (the "Notes"). The repurchase right offer expired at 5:00 p.m. (New York City time) on Tuesday, January 30, 2024. Based on information from Citibank, N.A. as the paying agent for the Notes, US$600,
Insider Monkey18 Best 52-Week Low Stocks To Buy Now
In this article, we will take a detailed look at the 18 Best 52-Week Low Stocks To Buy Now. For a quick overview of such stocks, read our article 5 Best 52-Week Low Stocks To Buy Now. Many analysts believe US stocks are poised to grow, albeit slowly, in 2024 despite uncertainties around the election, inflation and the Federal […]
PR NewswireVNET Welcomes New Executive Director to Board
VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that its board of directors (the "Board") has appointed Mr. Jianbiao Zhu as an executive director of the Company to serve as the co-chairman of the Board alongside Mr. Josh Sheng Chen, effective January 10, 2024.
PR NewswireVNET Announces Results of 2024 January Extraordinary General Meeting
VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the results of its extraordinary general meeting held on January 9, 2024, in Beijing. The Company's shareholders adopted the following resolutions:
PR NewswireVNET 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
VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the completion of the previously announced equity investment in an aggregate amount of US$299 million (the "Strategic Investment") from Success Flow International Investment Limited ("Success Flow") and Choice Faith Group Holdings Limited ("Choice Faith"), both of which are beneficially owned by Shandong Hi-Speed Holdings Group Limited (
PR NewswireVNET Inks Strategic Partnership with Shandong Hi-Speed Holdings Group Limited
VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, announced that it has entered into a strategic cooperation agreement (the "Agreement") with Shandong Hi-Speed Holdings Group Limited ("SDHG," 00412.HK), an important overseas investment and financing as well as emerging industrial holding platform of Shandong Hi-Speed Group.
Morningstar Rating
Rating
Fair Value
Economic Moat
People Also Watch
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| GDS GDS Holdings Limited | |||
| HTHT H World Group Limited | |||
| FENG Phoenix New Media Limited | |||
| KC Kingsoft Cloud Holdings Limited | |||
| NOAH Noah Holdings Limited |
Similar to VNET
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| GDS GDS Holdings Limited | |||
| 9698.HK GDS Holdings Limited | |||
| CNDT Conduent Incorporated | |||
| TWKS Thoughtworks Holding, Inc. | |||
| JFU 9F Inc. |
Analyst Price Targets (7)
Upgrades & Downgrades
| Upgrade | B of A Securities: Neutral to Buy | 3/19/2024 | |
| Downgrade | HSBC: Buy to Hold | 6/12/2023 | |
| Downgrade | Credit Suisse: Outperform to Neutral | 9/1/2022 | |
| Maintains | Credit Suisse: to Outperform | 5/17/2022 | |
| Upgrade | HSBC: Hold to Buy | 11/22/2021 | |
| Downgrade | Goldman Sachs: Buy to Sell | 11/19/2021 |
Company Profile
Guanjie Building
Southeast 1st Floor 10# Jiuxianqiao East Road Chaoyang District
Beijing 100016
China
86 10 8456 2121
https://www.vnet.com
Sector(s): Technology
Industry: Information Technology Services
Full Time Employees:
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.
