VNET Group (VNET) Stock Forecast, Price Target & Predictions
VNET Stock Forecast
VNET Group stock forecast is as follows: an average price target of $6.35 (represents a 68.88% upside from VNET’s last price of $3.76) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
VNET Price Target
The average price target for VNET Group (VNET) is $6.35 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $8.20 to $4.00. This represents a potential 68.88% upside from VNET's last price of $3.76.
VNET Analyst Ratings
According to 6 Wall Street analysts, VNET Group's rating consensus is 'Buy'. The analyst rating breakdown for VNET stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 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 |
|---|---|---|---|---|---|---|
| Oct 08, 2024 | Helen Fang | HSBC | $5.20 | $3.87 | 34.37% | 38.30% |
| Sep 04, 2024 | Louis Tsang | Citigroup | $4.00 | $2.77 | 44.14% | 6.38% |
| Aug 28, 2024 | Edison Lee | Jefferies | $7.98 | $2.27 | 252.32% | 112.23% |
| May 30, 2024 | Edison Lee | Jefferies | $6.69 | $1.99 | 237.03% | 77.93% |
| May 17, 2022 | Kyna Wong | Credit Suisse | $8.20 | $5.99 | 36.89% | 118.09% |
The latest VNET Group stock forecast, released on Oct 08, 2024 by Helen Fang from HSBC, set a price target of $5.20, which represents a 34.37% increase from the stock price at the time of the forecast ($3.87), and a 38.30% increase from VNET last price ($3.76).
VNET Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 4 |
| Avg Price Target | - | $5.73 | $5.97 |
| Last Closing Price | $3.76 | $3.76 | $3.76 |
| Upside/Downside | -100.00% | 52.39% | 58.78% |
In the current month, the average price target of VNET Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to VNET Group's last price of $3.76. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 HSBC on Oct 08, 2024. The company Upgrade its VNET rating from "null" to "Buy".
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 | $2.05B | $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 | $2.05B | $2.03B | $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 | $1.13B | $5.74B | $2.47B | $4.79B | $5.46B | $6.55B |
| Low Forecast | $2.05B | $2.01B | $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 | $754.86M | $3.83B | $1.65B | $3.19B | $3.64B | $4.37B |
| # Analysts | 2 | 3 | 2 | 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 $1.88B, 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 | 3 | 2 | 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 | $281.09M | $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 | $281.09M | $278.31M | $266.18M | $262.67M | $280.50M | $266.36M | $257.97M | $246.44M | $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 | $281.09M | $275.75M | $266.18M | $262.67M | $280.41M | $266.36M | $257.97M | $246.44M | $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 $257.97M and a low of $257.97M. 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 | 3 | 2 | 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 | $11.71M | $22.16M | $-61.40M | $-611.01M | $-155.18M | $-112.66M | $-109.87M | $-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 | $11.71M | $29.55M | $-61.40M | $-488.81M | $155.18M | $-112.66M | $-109.87M | $-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 | $11.71M | $14.77M | $-61.40M | $-733.22M | $-310.35M | $-112.66M | $-109.87M | $-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 $-109.87M, with a range of $-109.87M to $-109.87M. VNET's average Quarter net income forecast represents a -233.51% 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 | 3 | 2 | 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 | $304.77M | $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 | $304.77M | $301.75M | $288.60M | $1.81B | $304.13M | $288.80M | $279.70M | $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 | $304.77M | $298.97M | $288.60M | $1.21B | $304.02M | $288.80M | $279.70M | $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 $279.70M to $279.70M. 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 | 3 | 2 | 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 | $0.04 | $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 | $0.04 | $0.11 | $-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 | $-2.01 | $-2.41 | $-1.16 | $0.43 | $0.87 | $1.18 |
| Low Forecast | $0.04 | $0.06 | $-0.23 | $-0.01 | $-1.19 | $-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 | $-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 | $4.48 | $35.67 | 696.21% | Hold |
| TWKS | Thoughtworks | $4.47 | $13.63 | 204.92% | Hold |
| CLVT | Clarivate | $5.09 | $14.33 | 181.53% | Buy |
| GDS | GDS | $18.57 | $51.91 | 179.54% | Buy |
| TASK | TaskUs | $14.30 | $28.00 | 95.80% | Hold |
| VNET | VNET Group | $3.76 | $6.35 | 68.88% | Buy |
| WNS | WNS | $50.86 | $72.86 | 43.26% | Buy |
| CDW | CDW | $175.99 | $232.80 | 32.28% | Buy |
| ASGN | ASGN | $85.08 | $99.00 | 16.36% | Hold |
| JKHY | Jack Henry & Associates | $171.12 | $191.80 | 12.09% | Buy |
| CACI | CACI | $454.90 | $492.78 | 8.33% | Buy |
| PRFT | Perficient | $75.96 | $81.00 | 6.64% | Hold |
| G | Genpact | $44.64 | $42.80 | -4.12% | Hold |
| BR | Broadridge Financial Solutions | $225.39 | $184.33 | -18.22% | Buy |
| EXLS | ExlService | $44.38 | $32.64 | -26.45% | Buy |