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 7,312 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
Based on 6 articles about VNET published over the past 30 days
Positive
Zacks Investment Research
1 week ago
VNET Group (VNET) Stock Jumps 7.1%: Will It Continue to Soar?
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.
Positive
Zacks Investment Research
1 week ago
VNET Group (VNET) is a Great Momentum Stock: Should You Buy?
Does VNET Group (VNET) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
1 week ago
VNET or SPOT: Which Is the Better Value Stock Right Now?
Investors interested in Internet - Software stocks are likely familiar with VNET Group (VNET) and Spotify (SPOT). But which of these two stocks is more attractive to value investors?
Positive
Zacks Investment Research
1 week ago
Wall Street Analysts See a 76.07% Upside in VNET Group (VNET): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 76.1% in VNET Group (VNET). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Neutral
PRNewsWire
2 weeks ago
VNET Announces Authorization of Share Repurchase Program Up to US$50 Million
BEIJING , June 27, 2025 /PRNewswire/ -- VNET Group, Inc. ("VNET" or the "Company") (Nasdaq: VNET), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that to underscore its confidence in VNET's future development and growth prospects, its Board of Directors has authorized a share repurchase program under which VNET may repurchase up to US$50 million of its American depositary shares ("ADSs"), each representing six Class A ordinary shares of the Company, subject to the relevant rules under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Company's insider trading policy. The Company's share repurchases, if any, under the share repurchase program may be made from time to time on the open market at prevailing market prices, in open-market transactions, privately negotiated transactions or block trades, and/or through other legally permissible means, depending on market conditions and in accordance with the applicable rules and regulations.
Neutral
PRNewsWire
2 weeks ago
VNET Raises Full Year 2025 Revenue and Adjusted EBITDA Guidance
BEIJING , June 27, 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 the Company has increased its total net revenues and adjusted EBITDA (non-GAAP) guidance for the full year 2025. "We were very pleased to deliver an impressive first quarter results, demonstrating sustained operating and financial momentum underpinned by strong strategic execution," said Qiyu Wang, Chief Financial Officer of VNET.
Neutral
Seeking Alpha
1 month 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
1 month 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.
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