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ALL
Market cap
$1.91B
EPS
0.02
P/E ratio
--
Price to sales
--
Dividend yield
--
Beta
0.317187
Previous close
$6.65
Today's open
$6.78
Day's range
$6.61 - $6.78
52 week range
$6.17 - $14.48
show more
CEO
Sheng Chen
Employees
2581
Headquarters
Beijing,
Exchange
Nasdaq Global Select
Shares outstanding
284691643
Issue type
American Depository Receipt
Technology
Software & IT Services
VNET Group: Solid Wholesale Execution Overshadowed By Balance Sheet Reality
VNET Group remains rated Neutral as the market shifts focus from event-driven catalysts to fundamentals amid uncertainty around the CATL transaction. Despite strong wholesale IDC demand and recurring revenue, higher capex, negative free cash flow, and rising leverage weigh on VNET's valuation and sentiment. The CATL deal's closure, expected Q4, is critical; delays or regulatory hurdles could exacerbate downside risk given VNET's balance sheet pressures.
Seeking Alpha • Aug 19, 2026

VNET Group Q2 Earnings Call Highlights
VNET Group NASDAQ: VNET reported second-quarter 2026 revenue growth driven by its wholesale internet data center business, while management said demand for AI computing infrastructure continued to support new orders, capacity expansion and longer-term customer reservations.
MarketBeat • Aug 18, 2026

VNET Group, Inc. (VNET) Q2 2026 Earnings Call Transcript
VNET Group, Inc. (VNET) Q2 2026 Earnings Call Transcript
Seeking Alpha • Aug 18, 2026

VNET Reports Unaudited Second Quarter 2026 Financial Results
BEIJING, Aug. 18, 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 second quarter ended June 30, 2026. Second Quarter 2026 Financial Highlights Total net revenues increased by 14.2% year-over-year to RMB2.78 billion (US$409.5 million) in the second quarter of 2026 (2Q2025: RMB2.43 billion).
PRNewsWire • Aug 18, 2026

VNET Announces Strategic Cooperation with CATL
BEIJING, Aug. 18, 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 has entered into a strategic cooperation agreement (the "Strategic Cooperation Agreement") with Contemporary Amperex Technology Co., Limited (stock codes: 300750.SZ and 03750.HK) ("CATL"), a global leader in zero-carbon new energy technology. Under the Strategic Cooperation Agreement, VNET and CATL will establish a partnership to deepen compute-energy integration by synergistically combining VNET's leadership in large‑scale computing infrastructure development and operations with CATL's expertise in zero‑carbon new energy technologies.
PRNewsWire • Aug 18, 2026

VNET to Announce Unaudited Second Quarter 2026 Financial Results on August 18, 2026
BEIJING, Aug. 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 second quarter 2026 financial results on Tuesday, August 18, 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, August 18, 2026, or 8:00 PM Beijing Time on Tuesday, August 18, 2026.
PRNewsWire • Aug 4, 2026

Implied Volatility Surging for VNET Group Stock Options
Investors need to pay close attention to VNET stock based on the movements in the options market lately.
Zacks Investment Research • Jul 22, 2026

VNET Group: Signed Capacity Can Drive The Next Earnings Ramp
VNET Group is rated a buy due to a large, committed data center capacity pipeline poised to accelerate earnings growth. VNET's secured power resources and established campuses provide a competitive edge, especially in supply-constrained regions like Beijing. The recent quarter saw wholesale IDC revenue up 58.1% y/y, with utilization and EBITDA margin expansion confirming strong operating leverage.
Seeking Alpha • Jul 17, 2026

Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of all Persons and Entities that Purchased and/or Otherwise Acquired the American Depositary Shares of VNET Group, Inc. (VNET)
NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit all persons and entities that purchased or otherwise acquired the American Depositary Shares of VNET Group, Inc. (NASDAQ: VNET):
GlobeNewsWire • Jun 10, 2026

Wall Street Analysts Predict a 53.99% Upside in VNET Group (VNET): Here's What You Should Know
The mean of analysts' price targets for VNET Group (VNET) points to a 54% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Zacks Investment Research • Jun 3, 2026

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