VNET Group (VNET) Stock Forecast, Price Target & Predictions
VNET Stock Forecast
VNET Group stock forecast is as follows: an average price target of $6.05 (represents a 69.94% upside from VNET’s last price of $3.56) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
VNET Price Target
The average price target for VNET Group (VNET) is $6.05 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $7.98 to $4.00. This represents a potential 69.94% upside from VNET's last price of $3.56.
VNET Analyst Ratings
According to 7 Wall Street analysts, VNET Group's rating consensus is 'Buy'. The analyst rating breakdown for VNET stock is 0 'Strong Buy' (0.00%), 7 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
VNET Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 29, 2024 | James Wang | UBS | $7.00 | $3.88 | 80.65% | 96.63% |
| Oct 08, 2024 | Helen Fang | HSBC | $5.20 | $3.87 | 34.37% | 46.07% |
| Sep 04, 2024 | Louis Tsang | Citigroup | $4.00 | $2.77 | 44.14% | 12.36% |
| Aug 28, 2024 | Edison Lee | Jefferies | $7.98 | $2.27 | 252.32% | 124.16% |
| May 30, 2024 | Edison Lee | Jefferies | $6.69 | $1.99 | 237.03% | 87.92% |
| May 17, 2022 | Kyna Wong | Credit Suisse | $8.20 | $5.99 | 36.89% | 130.34% |
The latest VNET Group stock forecast, released on Nov 29, 2024 by James Wang from UBS, set a price target of $7.00, which represents a 80.65% increase from the stock price at the time of the forecast ($3.88), and a 96.63% increase from VNET last price ($3.56).
VNET Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 5 |
| Avg Price Target | $7.00 | $6.10 | $6.17 |
| Last Closing Price | $3.56 | $3.56 | $3.56 |
| Upside/Downside | 96.63% | 71.35% | 73.31% |
In the current month, the average price target of VNET Group stock is $7.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 96.63% increase as opposed to VNET Group's last price of $3.56. This month's average price target is up 14.75% compared to last quarter, and up 13.45% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 29, 2024 | UBS | Buy | Buy | Hold |
| Nov 27, 2024 | Goldman Sachs | Neutral | Buy | Upgrade |
| Oct 08, 2024 | HSBC | Buy | Upgrade | |
| Sep 04, 2024 | Citigroup | Buy | Initialise | |
| Aug 28, 2024 | Jefferies | Buy | Buy | Hold |
| Jun 14, 2024 | Bank of America Securities | Buy | Buy | Hold |
| May 30, 2024 | Jefferies | Buy | Buy | Hold |
| Mar 19, 2024 | Bank of America Securities | Buy | Upgrade | |
| May 25, 2022 | Goldman Sachs | Neutral | Upgrade | |
| May 17, 2022 | Credit Suisse | Outperform | Outperform | Hold |
VNET Group's last stock rating was published by UBS on Nov 29, 2024. The company gave VNET a "Buy" rating, the same as its previous rate.
VNET Group Financial Forecast
VNET Group Revenue Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $1.81B | $1.88B | $1.81B | $1.72B | $1.65B | $1.75B | $1.56B | $1.50B | $1.39B | $1.35B | $1.25B | $1.14B | $1.09B | $1.05B | $980.97M | $888.02M | $871.86M | $800.76M | $862.18M | $862.27M | $860.11M | $586.00M | $435.72M |
| Avg Forecast | $2.01B | $2.02B | $1.94B | $1.91B | $2.04B | $1.94B | $1.88B | $1.79B | $1.95B | $1.83B | $1.71B | $1.76B | $1.76B | $1.55B | $1.48B | $1.39B | $1.32B | $1.23B | $1.14B | $1.09B | $1.05B | $972.77M | $889.12M | $868.39M | $943.58M | $4.78B | $2.06B | $3.99B | $4.55B | $5.46B |
| High Forecast | $2.04B | $2.02B | $1.94B | $1.92B | $2.04B | $1.94B | $1.88B | $1.80B | $1.95B | $1.83B | $1.71B | $1.76B | $1.76B | $1.55B | $1.48B | $1.39B | $1.32B | $1.23B | $1.14B | $1.09B | $1.05B | $972.77M | $889.12M | $868.39M | $1.13B | $5.74B | $2.47B | $4.79B | $5.46B | $6.55B |
| Low Forecast | $1.98B | $2.01B | $1.93B | $1.90B | $2.04B | $1.93B | $1.87B | $1.79B | $1.94B | $1.83B | $1.71B | $1.76B | $1.76B | $1.55B | $1.48B | $1.39B | $1.32B | $1.23B | $1.14B | $1.09B | $1.05B | $972.77M | $889.12M | $868.39M | $754.86M | $3.83B | $1.65B | $3.19B | $3.64B | $4.37B |
| # Analysts | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 10 | 10 | 8 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | 1.01% | 0.97% | 0.99% | 1.01% | 0.94% | 0.99% | 1.01% | 1.01% | 1.00% | 1.02% | 1.01% | 1.00% | 1.00% | 1.00% | 1.01% | 1.00% | 1.00% | 0.85% | 0.18% | 0.42% | 0.22% | 0.13% | 0.08% |
VNET Group's average Quarter revenue forecast for Jun 23 based on 1 analysts is $1.88B, with a low forecast of $1.87B, and a high forecast of $1.88B. VNET's average Quarter revenue forecast represents a 3.95% increase compared to the company's last Quarter revenue of $1.81B (Mar 23).
VNET Group EBITDA Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 10 | 10 | 8 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | $571.44M | $376.84M | $439.03M | $430.63M | $515.53M | $416.42M | $590.21M | $870.18M | $337.22M | $-594.01M | $285.62M | $-1.31B | $188.59M | $246.91M | $233.25M | $191.79M | $269.36M | $253.75M | $124.31M | $82.59M | $125.29M | $-95.25M | $32.28M |
| Avg Forecast | $276.61M | $277.03M | $266.18M | $262.67M | $280.46M | $266.36M | $257.97M | $246.44M | $52.88M | $83.40M | $78.03M | $80.15M | $80.35M | $70.41M | $67.51M | $63.33M | $60.35M | $56.28M | $52.07M | $49.65M | $47.87M | $44.33M | $40.52M | $39.58M | $43.00M | $649.30M | $379.21M | $516.34M | $-709.50M | $267.33M |
| High Forecast | $279.92M | $277.96M | $267.07M | $263.55M | $280.50M | $267.25M | $258.83M | $247.27M | $63.45M | $83.40M | $78.03M | $80.15M | $80.35M | $70.41M | $67.51M | $63.33M | $60.35M | $56.28M | $52.07M | $49.65M | $47.87M | $44.33M | $40.52M | $39.58M | $51.60M | $779.16M | $455.05M | $619.61M | $-567.60M | $320.80M |
| Low Forecast | $271.62M | $276.11M | $265.29M | $261.79M | $280.41M | $265.47M | $257.11M | $245.62M | $42.30M | $83.40M | $78.03M | $80.15M | $80.35M | $70.41M | $67.51M | $63.33M | $60.35M | $56.28M | $52.07M | $49.65M | $47.87M | $44.33M | $40.52M | $39.58M | $34.40M | $519.44M | $303.37M | $413.07M | $-851.40M | $213.87M |
| Surprise % | - | - | - | - | - | - | - | 2.32% | 7.13% | 5.26% | 5.52% | 6.43% | 5.18% | 8.38% | 12.89% | 5.33% | -9.84% | 5.08% | -25.22% | 3.80% | 5.16% | 5.26% | 4.73% | 6.81% | 5.90% | 0.19% | 0.22% | 0.24% | 0.13% | 0.12% |
1 analysts predict VNET's average Quarter EBITDA for Jun 23 to be $257.97M, with a high of $258.83M and a low of $257.11M. This is -54.86% lower than VNET Group's previous annual EBITDA (Mar 23) of $571.44M.
VNET Group Net Income Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 10 | 10 | 8 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | $82.29M | $-56.61M | $-423.57M | $-374.60M | $90.71M | $-22.81M | $156.18M | $455.85M | $-84.66M | $-1.02B | $97.14M | $-1.65B | $-138.76M | $-16.42M | $-69.46M | $-102.06M | $5.64M | $32.84M | $-99.79M | $-142.80M | $-96.73M | $-151.77M | $11.89M |
| Avg Forecast | $41.88M | $24.59M | $-68.15M | $-611.01M | $-172.23M | $-125.04M | $-121.94M | $-528.13M | $14.17M | $-103.11M | $-74.27M | $-443.67M | $-244.19M | $-70.93M | $-85.24M | $-416.76M | $385.13M | $-47.49M | $-92.55M | $-33.64B | $107.61M | $-46.99M | $-31.37M | $50.56M | $1.36B | $-521.23M | $-655.69M | $-398.63M | $-1.13B | $98.48M |
| High Forecast | $42.06M | $24.70M | $-67.85M | $-488.81M | $172.23M | $-124.50M | $-121.41M | $-422.50M | $17.00M | $-103.11M | $-74.27M | $-354.93M | $-244.19M | $-70.93M | $-85.24M | $-333.41M | $385.13M | $-47.49M | $-92.55M | $-26.91B | $107.61M | $-46.99M | $-31.37M | $60.67M | $1.63B | $-416.99M | $-524.56M | $-318.90M | $-904.48M | $118.18M |
| Low Forecast | $27.92M | $24.49M | $-68.44M | $-733.22M | $-344.44M | $-125.58M | $-122.47M | $-633.75M | $11.34M | $-103.11M | $-74.27M | $-532.40M | $-244.19M | $-70.93M | $-85.24M | $-500.11M | $385.13M | $-47.49M | $-92.55M | $-40.37B | $107.61M | $-46.99M | $-31.37M | $40.45M | $1.09B | $-625.48M | $-786.83M | $-478.35M | $-1.36B | $78.78M |
| Surprise % | - | - | - | - | - | - | - | -0.16% | -3.99% | 4.11% | 5.04% | -0.20% | 0.09% | -2.20% | -5.35% | 0.20% | -2.64% | -2.05% | 17.85% | 0.00% | -0.15% | 1.48% | 3.25% | 0.11% | 0.02% | 0.19% | 0.22% | 0.24% | 0.13% | 0.12% |
VNET Group's average Quarter net income forecast for Jun 23 is $-121.94M, with a range of $-122.47M to $-121.41M. VNET's average Quarter net income forecast represents a -248.18% decrease compared to the company's last Quarter net income of $82.29M (Mar 23).
VNET Group SG&A Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 10 | 10 | 8 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | $193.22M | $232.59M | $245.68M | $247.41M | $229.18M | $476.41M | $198.29M | $213.83M | $209.22M | $251.76M | $173.31M | $171.15M | $173.91M | $173.17M | $134.56M | $148.97M | $164.89M | $153.57M | $201.63M | $211.12M | $219.61M | $221.79M | $75.66M |
| Avg Forecast | $299.90M | $300.37M | $288.60M | $1.51B | $304.08M | $288.80M | $279.70M | $1.31B | $239.01M | $272.67M | $255.13M | $1.10B | $262.71M | $230.22M | $220.73M | $1.03B | $197.31M | $183.99M | $170.25M | $162.33M | $156.50M | $144.95M | $132.48M | $129.40M | $140.60M | $1.05B | $969.38M | $905.04M | $1.65B | $626.70M |
| High Forecast | $303.50M | $301.37M | $289.57M | $1.81B | $304.13M | $289.76M | $280.63M | $1.57B | $286.82M | $272.67M | $255.13M | $1.32B | $262.71M | $230.22M | $220.73M | $1.24B | $197.31M | $183.99M | $170.25M | $162.33M | $156.50M | $144.95M | $132.48M | $129.40M | $168.72M | $1.26B | $1.16B | $1.09B | $1.98B | $752.04M |
| Low Forecast | $294.50M | $299.36M | $287.64M | $1.21B | $304.02M | $287.83M | $278.76M | $1.04B | $191.21M | $272.67M | $255.13M | $877.16M | $262.71M | $230.22M | $220.73M | $823.97M | $197.31M | $183.99M | $170.25M | $162.33M | $156.50M | $144.95M | $132.48M | $129.40M | $112.48M | $842.52M | $775.50M | $724.03M | $1.32B | $501.36M |
| Surprise % | - | - | - | - | - | - | - | 0.15% | 0.97% | 0.90% | 0.97% | 0.21% | 1.81% | 0.86% | 0.97% | 0.20% | 1.28% | 0.94% | 1.01% | 1.07% | 1.11% | 0.93% | 1.12% | 1.27% | 1.09% | 0.19% | 0.22% | 0.24% | 0.13% | 0.12% |
VNET Group's average Quarter SG&A projection for Jun 23 is $279.70M, based on 1 Wall Street analysts, with a range of $278.76M to $280.63M. The forecast indicates a 44.75% rise compared to VNET last annual SG&A of $193.22M (Mar 23).
VNET Group EPS Forecast
| Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 10 | 10 | 8 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | $0.54 | $-0.38 | $-2.86 | $-2.54 | $0.60 | $-0.16 | $1.08 | $3.12 | $-0.60 | $-7.68 | $0.73 | $-19.26 | $-1.08 | $-0.12 | $-0.60 | $-0.90 | $0.06 | $0.30 | $-1.02 | $-1.68 | $-1.38 | $-2.28 | $0.18 |
| Avg Forecast | $0.14 | $0.08 | $-0.23 | $-0.01 | $-0.59 | $-0.43 | $-0.42 | $-0.25 | $-2.59 | $-0.39 | $-0.28 | $-0.11 | $-0.93 | $-0.27 | $-0.33 | $-0.46 | $1.47 | $-0.18 | $-0.35 | $-0.47 | $0.41 | $-0.18 | $-0.12 | $0.21 | $-2.51 | $-3.03 | $-1.42 | $0.37 | $0.74 | $0.99 |
| High Forecast | $0.14 | $0.09 | $-0.23 | $-0.01 | $0.59 | $-0.43 | $-0.42 | $-0.25 | $-2.58 | $-0.39 | $-0.28 | $-0.11 | $-0.93 | $-0.27 | $-0.33 | $-0.46 | $1.47 | $-0.18 | $-0.35 | $-0.47 | $0.41 | $-0.18 | $-0.12 | $0.21 | $-2.01 | $-2.41 | $-1.16 | $0.43 | $0.87 | $1.18 |
| Low Forecast | $0.10 | $0.08 | $-0.24 | $-0.01 | $-1.19 | $-0.43 | $-0.42 | $-0.25 | $-2.60 | $-0.39 | $-0.28 | $-0.11 | $-0.93 | $-0.27 | $-0.33 | $-0.46 | $1.47 | $-0.18 | $-0.35 | $-0.47 | $0.41 | $-0.18 | $-0.12 | $0.21 | $-3.02 | $-3.65 | $-1.68 | $0.31 | $0.62 | $0.81 |
| Surprise % | - | - | - | - | - | - | - | -2.14% | 0.15% | 7.25% | 8.94% | -5.46% | 0.17% | -3.98% | -9.57% | 1.32% | -5.21% | -4.02% | 54.39% | 2.30% | -0.29% | 3.34% | 7.50% | 0.29% | -0.12% | 0.34% | 1.18% | -3.72% | -3.06% | 0.18% |
According to 1 Wall Street analysts, VNET Group's projected average Quarter EPS for Jun 23 is $-0.42, with a low estimate of $-0.42 and a high estimate of $-0.42. This represents a -177.84% decrease compared to VNET previous annual EPS of $0.54 (Mar 23).
VNET Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TTEC | TTEC | $4.92 | $35.67 | 625.00% | Hold |
| CLVT | Clarivate | $5.45 | $14.33 | 162.94% | Buy |
| VNET | VNET Group | $3.94 | $6.05 | 53.55% | Buy |
| CDW | CDW | $176.66 | $245.00 | 38.68% | Buy |
| CACI | CACI | $415.14 | $525.14 | 26.50% | Buy |
| WNS | WNS | $47.84 | $58.33 | 21.93% | Buy |
| JKHY | Jack Henry & Associates | $177.67 | $200.50 | 12.85% | Buy |
| GDS | GDS | $20.01 | $21.15 | 5.70% | Buy |
| ASGN | ASGN | $87.17 | $88.00 | 0.95% | Buy |
| G | Genpact | $43.27 | $43.67 | 0.92% | Hold |
| TASK | TaskUs | $17.26 | $17.33 | 0.41% | Hold |
| BR | Broadridge Financial Solutions | $229.69 | $230.00 | 0.13% | Hold |
| EXLS | ExlService | $45.59 | $39.00 | -14.45% | Buy |
| TWKS | Thoughtworks | $4.47 | $2.50 | -44.07% | Hold |