VNET - VNET Group, Inc.
VNET Group (VNET) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Expand NASDAQ: VNET Vnet Group Today's Change (25.05%) $2.26 Current Price $11.28 Key Data Points Market Cap $2.4B Day's Range $10.92 - $12.02 52wk Range $5.14 - $14.48 Volume 64M Avg Vol 6.3M Gross Margin 22.02% Vnet Group (VNET +25.05%), a provider of data center hosting and related services in China, closed Wednesday at $11.28, up 25.06%. The stock surged after news of a strategic share purchase agreement with PJ Millennium–affiliated investors linked to Contemporary Amperex Technology.
BEIJING, May 13, 2026 /PRNewswire/ -- 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 PJ Millennium I Limited ("Buyer I") and PJ Millennium II Limited ("Buyer II", together with "Buyer I", the "Buyers") have entered into a share purchase agreement (the "Share Purchase Agreement") with Success Flow International Investment Limited ("Success Flow") and Choice Faith Group Holdings Limited ("Choice Faith", together with "Success Flow", the "Sellers") to purchase from the Sellers in aggregate up to 650,424,192 Class A ordinary shares in the Company (the "Proposed Investment"), at a price of US$1.4486 per ordinary share in cash (which is equivalent to US$8.6914 per ADS). VNET also entered into a deed with the Buyers to provide certain representations and warranties and undertakings to the Buyers in connection with the Proposed Investment.
BEIJING, May 12, 2026 /PRNewswire/ -- 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 first quarter 2026 financial results on Tuesday, May 26, 2026, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 26, 2026, or 8:00 PM Beijing Time on Tuesday, May 26, 2026.
BEIJING, April 24, 2026 /PRNewswire/ -- VNET Group, Inc. (NASDAQ: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced it has published its 2025 Environmental, Social and Governance Report (the "2025 ESG Report"). This is VNET's sixth ESG report, highlighting the Company's 2025 initiatives and achievements in environmental practices, intelligent empowerment, ethical governance, and social responsibility.
BEIJING, April 20, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), today announced that Mr. Qiyu Wang has resigned from his position as VNET's Chief Financial Officer for personal reasons, effective April 30, 2026.
BEIJING, April 16, 2026 /PRNewswire/ -- 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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the "SEC") on April 16, 2026 Eastern Time. The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed on the SEC's website at https://www.sec.gov and on the Company's investor relations website at https://ir.vnet.com/.
VNET Group remains a buy as wholesale revenue growth and capacity delivery validate the China-AI infrastructure thesis. VNET's wholesale revenue surged 47.1% y/y in Q4, with mature wholesale utilization at 93.1% and significant pre-committed capacity signaling robust demand. Funding concerns are alleviated by successful ABS and REIT initiatives, enabling capex without shareholder dilution and supporting future growth.
I am sticking to a "Buy" rating for VNET Group, following my assessment of its quarterly disclosures and medium-to-long-term outlook. The negatives pertaining to the 4Q25 earnings release include the non-disclosure of new 2026 orders, a sequential decrease in wholesale utilization, and elevated financial leverage. But VNET's strategic positioning in Ulanqab and exposure to OpenClaw-driven AI demand put it in a good position to grow for the long run.
VNET Group, Inc. (VNET) Q4 2025 Earnings Call Transcript
VNET Group (VNET) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.04. This compares to a loss of $0.01 per share a year ago.
BEIJING, March 16, 2026 /PRNewswire/ -- 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, 2025. "We closed 2025 with strong full-year results, successfully achieving our 2025 delivery plan with a record 404MW delivered and exceeding guidance on both revenues and adjusted EBITDA," said Josh Sheng Chen, Founder, Executive Chairperson and Interim Chief Executive Officer of VNET.
VNET Group (VNET) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
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VNET Group (VNET) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BEIJING, March 4, 2026 /PRNewswire/ -- 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 2025 financial results on Monday, March 16, 2026, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, March 16, 2026, or 8:00 PM Beijing Time on Monday, March 16, 2026.
DNB Asset Management AS bought a new position in shares of VNET Group, Inc. - Unsponsored ADR (NASDAQ: VNET) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 168,800 shares of the information technology services provider's stock, valued at approximately
BEIJING, Feb. 27, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced a private placement of 81.0 million newly issued Class A ordinary shares of the Company ("Placement Shares") to certain institutional investors at an offering price of US$1.7 per Placement Share (or US$10.2 per ADS, each representing six Class A ordinary shares) (the "Private Placement"). The Company expects to close the Private Placement on or about March 3, 2026, subject to customary closing conditions.
BEIJING, Feb. 13, 2026 /PRNewswire/ -- 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 appointment of Mr. Peter Zhihua Zhang as Senior Vice President, Operational Finance, effective immediately.