4.08

3.03% 0.12

After Hours: 4.04 -0.04 -0.98%

Vnet Group Inc Adr (VNET)

Overview News Price History Option Chain Why VNET Down? Discussions Forecast

Vnet Group Inc Adr stock is traded at $4.08, with a volume of 3.52M. It is up +3.03% in the last 24 hours and up +46.76% over the past month. 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 June 2024, it had 48,516 self-built retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 332 MW of wholesale capacity in service with a further 279 MW under construction and a further 528 MW held for future development.

Previous Close:

$3.96

Open:

$4.11

24h Volume:

3.52M

Relative Volume:

2.80

Market Cap:

$1.09B

Revenue:

$1.05B

Net Income/Loss:

$-367.55M

P/E Ratio:

-6.368

EPS:

-0.6407

Net Cash Flow:

$-140.97M

1W Performance:

+15.58%

1M Performance:

+46.76%

6M Performance:

+163.23%

1Y Performance:

+30.35%

1-Day Range:

$3.915

$4.39

1-Week Range:

$3.465

$4.39

52-Week Range:

$1.39

$4.39

Vnet Group Inc Adr Stock (VNET) Company Profile

Name

Vnet Group Inc Adr

Sector

Technology (790)

Industry

Information Technology Services (65)

Phone

Address

Employee

3,038

Twitter

Next Earnings Date

2024-08-27

Latest SEC Filings

VNET's Discussions on Twitter

Vnet Group Inc Adr Stock (VNET) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jul-07-23	Resumed	BofA Securities	Neutral
Jun-12-23	Downgrade	HSBC Securities	Buy → Hold
Sep-01-22	Downgrade	Credit Suisse	Outperform → Neutral
May-25-22	Upgrade	Goldman	Sell → Neutral
Nov-22-21	Upgrade	HSBC Securities	Hold → Buy
Nov-19-21	Downgrade	Goldman	Buy → Sell
Oct-11-21	Initiated	HSBC Securities	Hold
Nov-04-20	Initiated	Daiwa Securities	Buy
Sep-28-20	Initiated	BofA Securities	Buy
Jul-14-20	Initiated	UBS	Buy
Jun-09-20	Resumed	Credit Suisse	Outperform
Apr-21-20	Initiated	Goldman	Buy
Oct-03-18	Initiated	Jefferies	Buy
Oct-04-17	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Jan-17-17	Upgrade	Morgan Stanley	Underweight → Equal-Weight
Nov-29-16	Reiterated	Stifel	Hold
Aug-17-16	Downgrade	JP Morgan	Neutral → Underweight
Jul-08-16	Resumed	Morgan Stanley	Underweight
Nov-25-15	Downgrade	JP Morgan	Overweight → Neutral
Nov-26-14	Downgrade	Canaccord Genuity	Buy → Hold
Nov-26-14	Downgrade	Stifel	Buy → Hold
Sep-10-14	Resumed	Stifel	Buy
Aug-28-14	Reiterated	Canaccord Genuity	Buy
Mar-07-14	Reiterated	Canaccord Genuity	Buy
Mar-09-12	Initiated	Stifel Nicolaus	Buy
May-31-11	Initiated	Barclays Capital	Equal Weight

View All

Vnet Group Inc Adr Stock (VNET) Latest News

12:48 PM

Predicting VNET Group Inc ADR’s (VNET) earnings for the current quarter - US Post News

12:48 PM

12:21 PM

VNET Group Target of Unusually Large Options Trading (NASDAQ:VNET) - MarketBeat

12:21 PM

07:31 AM