VNET Group (VNET) Stock Price
VNET Group Price
Revenue has compounded at 24.4% per year over the past 15 years to 8.26 B CNY. Earnings per share have grown at 4.7% per year over the last 13 years. VNET Group's net margin stands at 2.2%, up from -56.1% several years earlier. Analysts set a median price target of 103.65 CNY, implying 149.1% above the current price. Of 19 analysts, 18 rate the stock a buy — an overall Buy consensus.
VNET Group stock price
Details
Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of VNET Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how VNET Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing VNET Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | VNET Group Price |
|---|---|
| 8/31/2026 | 41.62 CNY |
| 8/28/2026 | 44.60 CNY |
| 8/27/2026 | 44.73 CNY |
| 8/26/2026 | 44.37 CNY |
| 8/25/2026 | 46.39 CNY |
| 8/24/2026 | 43.00 CNY |
| 8/21/2026 | 45.29 CNY |
| 8/20/2026 | 44.91 CNY |
| 8/19/2026 | 45.47 CNY |
| 8/18/2026 | 45.97 CNY |
| 8/14/2026 | 51.32 CNY |
| 8/13/2026 | 50.31 CNY |
| 8/12/2026 | 50.11 CNY |
| 8/11/2026 | 50.69 CNY |
| 8/10/2026 | 50.33 CNY |
| 8/7/2026 | 49.55 CNY |
| 8/6/2026 | 47.36 CNY |
| 8/5/2026 | 49.27 CNY |
| 8/4/2026 | 48.76 CNY |
| 8/3/2026 | 48.28 CNY |
| 7/31/2026 | 48.41 CNY |
| 7/30/2026 | 49.45 CNY |
| 7/29/2026 | 42.56 CNY |
| 7/28/2026 | 45.71 CNY |
| 7/27/2026 | 48.51 CNY |
| 7/24/2026 | 48.83 CNY |
| 7/23/2026 | 52.61 CNY |
| 7/22/2026 | 52.96 CNY |
| 7/6/2026 | 53.07 CNY |
| 7/2/2026 | 53.77 CNY |
VNET Group Revenue, EBIT, Net Income
3 Years
5 Years
10 Years
25 Years
Max
Details
VNET Group Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB CNY |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEB CNY |
| EBITM CNY |
| EBIT MARGIN% |
| NET INCOMEB CNY |
| NET INCOME GROWTH% |
| SHARESB |
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | 2029e | 2030e | 2031e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.64 | 3.39 | 3.40 | 3.79 | 4.83 | 6.19 | 7.07 | 7.41 | 8.26 | 9.80 | 11.81 | 14.44 | 17.62 | 19.62 | 21.29 | 24.54 |
| 0.19 | -6.84 | 0.27 | 11.41 | 27.45 | 28.16 | 14.15 | 4.91 | 11.43 | 18.65 | 20.56 | 22.22 | 22.06 | 11.32 | 8.50 | 15.28 |
| 19.56 | 22.35 | 27.76 | 24.78 | 22.28 | 23.23 | 19.22 | 17.43 | 22.18 | 22.18 | 22.18 | 22.18 | 22.18 | 22.18 | 22.18 | 22.18 |
| 0.71 | 0.76 | 0.94 | 0.94 | 1.08 | 1.44 | 1.36 | 1.29 | 1.83 | 2.17 | 2.62 | 3.20 | 3.91 | 4.35 | 4.72 | 5.44 |
| -447.00 | -200.00 | 237.00 | 182.00 | 198.00 | 133.00 | 121.00 | -100.00 | 669.00 | 433.00 | 260.00 | 708.00 | 675.00 | 606.00 | 606.00 | – |
| -12.28 | -5.90 | 6.97 | 4.80 | 4.10 | 2.15 | 1.71 | -1.35 | 8.10 | 4.42 | 2.20 | 4.90 | 3.83 | 3.09 | 2.85 | – |
| -0.63 | -0.77 | -0.21 | -0.18 | -2.71 | 0.49 | -0.78 | -2.64 | 0.18 | -0.94 | -0.65 | 0.88 | 1.21 | 0.67 | 0.67 | – |
| 47.90 | 21.96 | -73.45 | -11.22 | 1,388.46 | -118.24 | -257.09 | 240.59 | -106.92 | -610.93 | -30.91 | -236.53 | 37.64 | -45.06 | – | – |
| 0.62 | 0.67 | 0.67 | 0.67 | 0.72 | 0.91 | 0.89 | 0.90 | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales VNET Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue VNET Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare VNET Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares VNET Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against VNET Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
VNET Group stock margins
3 Years
5 Years
10 Years
25 Years
Max
Details
VNET Group Stock Revenue, EBIT, Earnings per Share
3 Years
5 Years
10 Years
25 Years
Max
Details
VNET Group business model & stock analysis
VNET Group SWOT Analysis
Strengths
21Vianet Group Inc is a leading carrier-neutral internet data center services provider in China. The company's strong market presence and extensive network of data centers give it a competitive advantage.
21Vianet Group Inc has established strong partnerships with major global cloud service providers, enabling it to offer a wide range of services to its customers. This diversification strengthens its revenue streams and enhances its position in the market.
Weaknesses
One of the weaknesses of 21Vianet Group Inc is its heavy reliance on third-party partners for certain services. This dependency poses potential risks and could affect the company's ability to deliver reliable services to its customers.
The company faces intense competition in the data center services industry, which could impact its market share and profitability. It needs to continuously innovate and differentiate itself to stay ahead in the competitive landscape.
Opportunities
The growing demand for cloud computing and internet services in China presents significant opportunities for 21Vianet Group Inc. As more businesses adopt cloud solutions, the company can capitalize on this trend and expand its customer base.
The government's initiatives for digital transformation and data sovereignty regulations also create opportunities for 21Vianet Group Inc. By complying with these regulations and offering secure and compliant solutions, the company can attract more customers and strengthen its position in the market.
Threats
The regulatory environment in China can be challenging, with strict rules and regulations governing the internet and data services industry. Changes in regulations or government policies could significantly impact the operations and profitability of 21Vianet Group Inc.
As the data center services industry becomes more competitive, price pressures may arise, leading to reduced margins for the company. It needs to effectively manage costs and differentiate its services to mitigate this threat.
VNET Group Employees
3 Years
5 Years
10 Years
25 Years
Max
Details
VNET Group Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
VNET Group historical P/E ratio, EBIT multiple, and P/S ratio
VNET Group annual returns
Details
Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
VNET Group shares outstanding
3 Years
5 Years
10 Years
25 Years
Max
Details
Current VNET Group forecasts and price targets in September 2026
Analyst Price Targets 2026VNET Group Analyst Rating Actions
| Date | Firm | Action | Rating | Reliability |
|---|---|---|---|---|
| 8/22/2025 | Maintained | Buy | 64 | |
| 3/14/2025 | Maintained | Buy | 48 | |
| 11/29/2024 | Maintained | Buy | 46 | |
| 10/9/2024 | Upgrade | HoldBuy | – | |
| 3/19/2024 | Upgrade | NeutralBuy | 64 | |
| 6/12/2023 | Downgrade | BuyHold | – | |
| 9/1/2022 | Downgrade | OutperformNeutral | 72 | |
| 5/17/2022 | Maintained | Outperform | 72 | |
| 11/22/2021 | Upgrade | HoldBuy | – | |
| 11/19/2021 | Downgrade | BuySell | 60 |
Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.
VNET Group Earnings Calls
VNET Group Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 8/19/2026 | 1.28CNY | - | 2.79 BCNY | - | 2026 Q2 |
| 5/26/2026 | -0.24CNY | - | 2.73 BCNY | - | 2026 Q1 |
| 3/10/2026 | -0.52CNY | - | 2.70 BCNY | - | 2025 Q4 |
| 11/20/2025 | -0.29CNY | - | -CNY | - | 2025 Q3 |
| 11/13/2024 | 0.02CNY | - | 2.05 BCNY | - | 2024 Q3 |
| 5/22/2024 | -0.04CNY | - | -CNY | - | 2024 Q1 |
| 3/19/2024 | -2.00CNY | - | -CNY | - | 2023 Q4 |
| 11/20/2023 | -0.29CNY | - | -CNY | - | 2023 Q3 |
| 3/28/2023 | -1.63CNY | - | 2.07 BCNY | - | 2022 Q4 |
| 11/22/2022 | -0.59CNY | - | 1.85 BCNY | - | 2022 Q3 |
EESG©
Eulerpool ESG Scorecard© for the VNET Group stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
VNET Group shareholder structure
| % | Name |
|---|---|
0.99825% | |
0.64443% | |
0.43930% | |
0.42075% | |
0.37222% | |
0.36312% |
VNET Group Beneficial Ownership Filings (SEC 13D/G)
| Stake | Holder | Filing |
|---|---|---|
38.10% | SEC ↗ | |
32.40% | SEC ↗ | |
28.60% | SEC ↗ | |
27.80% | SEC ↗ | |
27.10% | SEC ↗ | |
26.70% | SEC ↗ | |
26.70% | SEC ↗ | |
13.00% | SEC ↗ | |
13.00% | SEC ↗ | |
13.00% | SEC ↗ |
VNET Group Executives and Management Board
7 members · avg. age 59 · 0 % women
Management
Mr. Sheng Chen (56)
Executive Co-Chairman of the Board, Interim Chief Executive Officer, Founder · since 2024
Mr. Qiyu Wang (47)
Chief Financial Officer
Board of Directors
Mr. Jianbiao Zhu (51)
Executive Co-Chairman of the Board · since 2024
Mr. Lifeng Chen (57)
Independent Director
Mr. Sean Shao (68)
Independent Director
Mr. Chung-Hou Tai (74)
Independent Director
Mr. Yoshihisa Ueno (62)
Independent Director
VNET Group Supply Chain
VNET Group Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.42 | 0.88 | 0.84 | ||
| 2 | Alibaba Group Holding | 0.56 | 0.88 | 0.83 | |
| 3 | 0.77 | 0.75 | 0.82 | ||
| 4 | 0.84 | 0.90 | 0.78 | ||
| 5 | 0.85 | 0.68 | 0.78 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.91 | 0.67 | — | ||
| 2 | Warburg Pincus I-B A | -0.12 | — | — | |
| 3 | -0.23 | -0.52 | — | ||
| 4 | 0.63 | 0.85 | — | ||
| 5 | 0.68 | 0.44 | — |
Frequently asked questions about VNET Group
The business model of 21Vianet Group Inc involves providing carrier-neutral internet data center services, as well as managed network services in China. As one of the leading providers in the country, 21Vianet offers a comprehensive range of hosting and related value-added services to its customers. The company focuses on operating extensive data centers that are strategically located in various regions in China to serve a wide range of industries. By offering reliable and secure data center solutions, 21Vianet enables businesses to efficiently store, process, and deliver their digital assets, ensuring a seamless online presence and optimal performance for their operations.
21Vianet Group Inc is primarily active in the technology and telecommunications industries.
The main competitors of 21Vianet Group Inc in the market include ChinaCache International Holdings Ltd, Wangsu Science & Technology Co Ltd, and ChinaNetCenter Co Ltd.
21Vianet Group Inc is a leading internet infrastructure service provider in China. The company was founded in 1999 and is headquartered in Beijing. With years of experience and expertise in data centers, cloud services, and network connectivity, 21Vianet Group Inc has established itself as a trusted partner for businesses and organizations in China seeking reliable IT infrastructure solutions. The company operates a large-scale data center network across the country and has partnered with major global cloud service providers to offer comprehensive and secure cloud services. With a strong focus on providing high-quality and innovative internet infrastructure services, 21Vianet Group Inc has become an essential player in China's rapidly growing digital landscape.
21Vianet Group Inc has achieved several significant milestones. It became the first carrier-neutral internet data center service provider in China to receive the ISO20000 certification for its data center services. In 2011, the company successfully completed its initial public offering on the NASDAQ stock exchange. 21Vianet also expanded its portfolio by acquiring local data centers, including Fastweb and Shanghai Information Highway. Additionally, the company established strategic partnerships with major technology companies like Microsoft and Tencent. These achievements have solidified 21Vianet's position as a leading provider of carrier-neutral data center services and cloud services in China.
21Vianet Group Inc is primarily present in China, serving as a leading carrier-neutral internet data center services provider.
21Vianet Group Inc is a leading carrier-neutral internet data center services provider in China. The company is known for its strong commitment to delivering reliable and secure data center solutions to businesses. With a customer-centric approach, 21Vianet Group Inc prioritizes customer satisfaction by offering flexible and scalable services tailored to meet the unique needs of its clients. The company's corporate philosophy revolves around innovation, integrity, and collaboration, striving to provide state-of-the-art infrastructure and exceptional technical support. By continuously investing in cutting-edge technologies and maintaining a strong focus on customer relationships, 21Vianet Group Inc has established itself as a trusted partner in the industry.
Analysts currently set an average price target of 108.25 CNY for the VNET Group stock (median: 103.65 CNY), implying +160.1 % versus the latest price. The consensus is based on 19 analyst ratings.
19 analysts currently rate the VNET Group stock: 18 recommend buying, 1 holding and 0 selling. For 2026, analysts expect VNET Group to generate revenue of 11.81 B CNY and earnings per share of -0.37 CNY.
Converted at the current exchange rate, the VNET Group share trades at 5.33 EUR (41.62 CNY).
The VNET Group share (VNET) is listed on 5 stock exchanges, including: NASDAQ (VNET), XETRA (217A.F), Frankfurt (217A.F), München (217A.MU), Düsseldorf (217A.DU).
21Vianet Group Inc is a leading provider of internet infrastructure services in China. The company's business model is based on providing cloud computing, networking and data center solutions, as well as internet connectivity services for Chinese and international companies. Its main areas of business include cloud computing, networking and data center solutions, and internet connectivity services. The company offers a range of cloud solutions, including Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). It specializes in providing cloud solutions for financial institutions and aims to help customers optimize their IT infrastructure, reduce costs, and improve business processes. It also offers reliable and secure hosting solutions through its network and data centers, allowing customers to outsource their IT systems and focus on their core business. Additionally, 21Vianet provides internet connectivity services, particularly in the Internet-of-Things (IoT) sector, and offers customized solutions for this area. The company also offers complementary products and services such as data backup services, network monitoring, server management, and IT consulting. It operates as an intermediary between customers and cloud infrastructure providers such as Microsoft, Oracle, and IBM, utilizing its expertise and resources to provide a comprehensive range of tailored services. It generates revenue from the sale of cloud computing services, hardware equipment, and other infrastructure components to its customers. 21Vianet has established a strong presence in the Chinese market and has been successful in its business model, working closely with customers to understand their needs and provide them with customized solutions that give them a competitive advantage. The translation is as follows: 21Vianet Group Inc is a leading provider of internet infrastructure services in China. The company's business model is based on providing cloud computing, networking, and data center solutions, as well as internet connectivity services for Chinese and international companies. It specializes in cloud computing solutions, offering Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). The company focuses on providing cloud solutions for financial institutions, helping them optimize their IT infrastructure, reduce costs, and improve business processes. It also offers reliable and secure hosting solutions through its network and data centers, allowing customers to outsource their IT systems and focus on their core business. Additionally, 21Vianet provides internet connectivity services, specializing in the Internet-of-Things (IoT) sector and offering customized solutions. It also offers complementary products and services such as data backup, network monitoring, server management, and IT consulting. The company operates as an intermediary between customers and cloud infrastructure providers like Microsoft, Oracle, and IBM, providing tailored services. It generates revenue from the sale of cloud computing services, hardware equipment, and infrastructure components to its customers. 21Vianet has been successful in its business model and has a strong presence in the Chinese market, as well as international operations. It works closely with customers to understand their needs and provide them with customized solutions that give them a competitive advantage.
The expected revenue of VNET Group is 11.81 B CNY. This figure is based on current financial data and reflects the company's business performance.
The expected profit of VNET Group is -646.05 M CNY. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of VNET Group is currently -112.24. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the VNET Group stock.
The price-to-sales ratio (P/S) of VNET Group is currently 6.14. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the VNET Group stock.
The Eulerpool Quality Score for VNET Group is 4/10.
The ISIN of VNET Group is US90138A1034. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of VNET Group is A1H9DT. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of VNET Group is VNET. The ticker symbol is used to trade VNET Group shares on the stock exchange.
VNET Group paid dividends every year for the past 0 years.
VNET Group is assigned to the 'Information technology' sector.
The dividends of VNET Group are distributed in CNY.
VNET Group stock
VNET Group Peer Group
VNET Group Ticker
VNET Group FIGI
All fundamentals and in-depth analysis of VNET Group
Our stock analysis for VNET Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of VNET Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.