VNET
VNET GroupVNET
VNET
About: 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 the end of March 2025, it had 51,960 retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 573 MW of wholesale capacity in service with a further 377 MW under construction and a further 670 MW held for future development.
Employees: 2,581
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
223% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 26
138% more capital invested
Capital invested by funds: $453M [Q4 2024] → $1.08B (+$623M) [Q1 2025]
71% more call options, than puts
Call options by funds: $29.5M | Put options by funds: $17.2M
67% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 10 (+4) [Q1 2025]
54% more funds holding
Funds holding: 106 [Q4 2024] → 163 (+57) [Q1 2025]
12% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 34
2.31% more ownership
Funds ownership: 6.18% [Q4 2024] → 8.49% (+2.31%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for VNET.
Financial journalist opinion
Neutral
Seeking Alpha
2 weeks ago
VNET Group, Inc. (VNET) Q1 2025 Earnings Conference Call Transcript
VNET Group, Inc. (NASDAQ:VNET ) Q1 2025 - Earnings Conference Call May 28, 2025 8:00 AM ET Company Participants Xinyuan Liu - Director of Investor Relations Ju Ma - Rotating President and General Manager of the AIDC Strategic Business Group Qiyu Wang - Chief Financial Officer Conference Call Participants Tom Tang - Morgan Stanley Edison Lee - Jefferies Daley Li - Bank of America Securities Louis Tseng - Citi Sarah Wong - UBS Operator Hello, ladies and gentlemen. Thank you for standing by for the First Quarter 2025 Earnings Conference Call for VNET Group, Inc. The management's prepared remarks, there will be a question and answer session.
Neutral
PRNewsWire
2 weeks ago
VNET Reports Unaudited First Quarter 2025 Financial Results
BEIJING , May 28, 2025 /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 first quarter ended March 31, 2025. "We kicked off 2025 with a strong first quarter thanks to excellent execution of our effective dual-core strategy," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET.
Neutral
PRNewsWire
1 month ago
VNET to Announce Unaudited First Quarter 2025 Financial Results on May 28, 2025
BEIJING , May 14, 2025 /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 2025 financial results on Wednesday, May 28, 2025, 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 Wednesday, May 28, 2025, or 8:00 PM Beijing Time on Wednesday, May 28, 2025.
Positive
Seeking Alpha
1 month ago
VNET Group: Still A Buy On Positive Results Preview And Multiple Tailwinds
VNET Group is a Buy, considering my expectations of strong Q1 2025 results and the favorable read-throughs from recent events. I forecast VNET's revenue growth to hit 20% YoY in Q1 2025 with EBITDA rising 15% YoY, driven by an increase in data center utilization. The REIT listing approval by the Shanghai Exchange and Nvidia's chip adjustments for China have a positive impact on VNET.
Positive
Benzinga
1 month ago
6 Stocks Showing Momentum As The Market Rebounds
Don't call it a comeback, but the market attempted to rally last week after a worrisome Monday decline. The S&P 500 closed above 5500 on Friday for the first time since President Donald Trump announced a 90-day pause on levying his reciprocal tariffs.
Neutral
PRNewsWire
1 month ago
VNET Publishes 2024 Environmental, Social and Governance Report
BEIJING , April 28, 2025 /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 2024 Environmental, Social and Governance Report (the "2024 ESG Report"). This is VNET's fifth ESG report, highlighting the Company's 2024 efforts and achievements in environmental practices, digital empowerment, ethical governance, and social responsibility.
Neutral
PRNewsWire
1 month ago
VNET Files Its Annual Report on Form 20-F for Fiscal Year 2024
BEIJING , April 25, 2025 /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, 2024 with the Securities and Exchange Commission (the "SEC") on April 25, 2025 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/.
Positive
Benzinga
2 months ago
Top 3 Tech Stocks That May Rocket Higher In Q2
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Neutral
PRNewsWire
2 months ago
VNET Announces the Closing of Its Offering of US$430 Million Convertible Senior Notes due 2030
BEIJING , March 18, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the closing of its offering (the "Notes Offering") of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "Notes"). The Notes bear interest at a rate of 2.50% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2025.
Neutral
PRNewsWire
3 months ago
VNET Prices Offering of US$430 Million Convertible Senior Notes due 2030
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the pricing of its offering (the "Notes Offering") of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "Notes"). The Notes Offering is expected to close on or about March 17, 2023, subject to the satisfaction of customary closing conditions.
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