VNET Group (VNET) Stock Forecast, Price Target & Predictions


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VNET Stock Forecast


VNET Group stock forecast is as follows: an average price target of $6.35 (represents a 88.99% upside from VNET’s last price of $3.36) 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 88.99% upside from VNET's last price of $3.36.

VNET Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 08, 2024Helen FangHSBC$5.20$3.8734.37%54.76%
Sep 04, 2024Louis TsangCitigroup$4.00$2.7744.14%19.05%
Aug 28, 2024Edison LeeJefferies$7.98$2.27252.32%137.50%
May 30, 2024Edison LeeJefferies$6.69$1.99237.03%99.11%
May 17, 2022Kyna WongCredit Suisse$8.20$5.9936.89%144.05%
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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 54.76% increase from VNET last price ($3.36).

VNET Group Price Target by Period


1M3M12M
# Anlaysts134
Avg Price Target$5.20$5.73$5.97
Last Closing Price$3.36$3.36$3.36
Upside/Downside54.76%70.54%77.68%

In the current month, the average price target of VNET Group stock is $5.20, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 54.76% increase as opposed to VNET Group's last price of $3.36. This month's average price target is down -9.25% compared to last quarter, and down -12.90% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 08, 2024HSBC-BuyUpgrade
Sep 04, 2024Citigroup-BuyInitialise
Aug 28, 2024JefferiesBuyBuyHold
Jun 14, 2024Bank of America SecuritiesBuyBuyHold
May 30, 2024JefferiesBuyBuyHold
Mar 19, 2024Bank of America Securities-BuyUpgrade
May 25, 2022Goldman Sachs-NeutralUpgrade
May 17, 2022Credit SuisseOutperformOutperformHold
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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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 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$2.08B$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$2.08B$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$2.08B$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
# Analysts121111111111111110101010999920101081313
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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13
# Analysts121111111111111110101010999920101081313
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$94.73M$91.96M$88.27M$87.11M$93.00M$88.33M$85.55M$81.72M$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$94.73M$92.43M$88.27M$87.11M$93.02M$88.33M$85.55M$81.72M$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$94.73M$91.49M$88.27M$87.11M$92.99M$88.33M$85.55M$81.72M$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 %-------6.99%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 $85.55M, with a high of $85.55M and a low of $85.55M. This is -85.03% lower than VNET Group's previous annual EBITDA (Mar 23) of $571.44M.

VNET Group Net Income Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13
# Analysts121111111111111110101010999920101081313
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$1.23M$11.82M$-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$1.23M$15.75M$-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$1.23M$7.88M$-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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13
# Analysts121111111111111110101010999920101081313
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$309.73M$300.66M$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$309.73M$302.20M$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$309.73M$299.13M$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 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13
# Analysts121111111111111110101010999920101081313
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-$0.05$-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-$0.06$-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-$0.03$-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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TTECTTEC$4.99$35.67614.83%Hold
TWKSThoughtworks$4.46$13.63205.61%Hold
GDSGDS$20.47$51.91153.59%Buy
CLVTClarivate$6.45$14.33122.17%Buy
TASKTaskUs$13.54$28.00106.79%Hold
VNETVNET Group$3.37$6.3588.43%Buy
WNSWNS$47.72$72.8652.68%Buy
CDWCDW$191.10$232.8021.82%Buy
GGenpact$38.78$42.258.95%Hold
ASGNASGN$91.43$99.008.28%Hold
PRFTPerficient$75.96$81.006.64%Hold
JKHYJack Henry & Associates$184.32$191.804.06%Buy
CACICACI$553.27$491.11-11.24%Buy
BRBroadridge Financial Solutions$209.64$176.00-16.05%Buy
EXLSExlService$42.12$32.64-22.51%Buy

VNET Forecast FAQ


Yes, according to 6 Wall Street analysts, VNET Group (VNET) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of VNET's total ratings.

VNET Group (VNET) average price target is $6.35 with a range of $4 to $8.2, implying a 88.99% from its last price of $3.36. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for VNET stock, the company can go up by 88.99% (from the last price of $3.36 to the average price target of $6.35), up by 144.05% based on the highest stock price target, and up by 19.05% based on the lowest stock price target.

VNET's average twelve months analyst stock price target of $6.35 supports the claim that VNET Group can reach $5 in the near future.

1 Wall Street analyst forecast a $5.2 price target for VNET Group (VNET) this month, up 54.76% from its last price of $3.36. Compared to the last 3 and 12 months, the average price target increased by 70.54% and increased by 77.68%, respectively.

VNET Group's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $7.65B (high $7.65B, low $7.65B), average EBITDA is $348.61M (high $348.62M, low $348.59M), average net income is $-906M (high $-490M, low $-1.167B), average SG&A $2.18B (high $2.44B, low $1.92B), and average EPS is $-1.698 (high $-0.51, low $-2.291). VNET's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $7.94B (high $7.95B, low $7.93B), average EBITDA is $362.07M (high $362.54M, low $361.6M), average net income is $-659M (high $-533M, low $-786M), average SG&A $2.41B (high $2.71B, low $2.11B), and average EPS is $-0.192 (high $-0.177, low $-0.207).

Based on VNET Group's last annual report (Dec 2022), the company's revenue was $7.07B, which missed the average analysts forecast of $7.25B by -2.51%. Apple's EBITDA was $1.76B, beating the average prediction of $294.46M by 498.40%. The company's net income was $-764M, beating the average estimation of $-607M by 25.88%. Apple's SG&A was $954.86M, missing the average forecast of $1.86B by -48.75%. Lastly, the company's EPS was $-5.17, beating the average prediction of $-3.381 by 52.93%. In terms of the last quarterly report (Mar 2023), VNET Group's revenue was $1.81B, beating the average analysts' forecast of $1.79B by 0.70%. The company's EBITDA was $571.44M, beating the average prediction of $81.72M by 599.23%. VNET Group's net income was $82.29M, missing the average estimation of $-528M by -115.58%. The company's SG&A was $193.22M, missing the average forecast of $1.31B by -85.20%. Lastly, the company's EPS was $0.54, missing the average prediction of $-0.253 by -313.68%