Companies
/Technology
VNET Group Inc
$3.16
▲ $0.01 (+0.32%) today
Markets closed · 5:41pm ET
VNET at a Glance
Valuation
- Market cap
- $901.3M
Profitability
- Revenue (TTM)
- $10.7B
- Profit margin
- -6.2%
- EPS (TTM)
- $-1.22
Price
- 52-week range
- $3 – $14
- Street target
- $10.92
Earnings
- Next report
- Nov 19, 2026
Headquartered in Guanjie Building, Beijing Fiscal year ends December NASDAQ: VNET vnet.com
About VNET Group
VNET Group, Inc. is a carrier- and cloud-neutral internet data center (IDC) services provider in China, operating both wholesale and retail data center businesses. The company provides hosting and related services including IDC services, cloud services, and business VPN services to improve the reliability, security, and speed of customers' internet infrastructure. VNET operates in more than 30 cities throughout China, serving a diversified base of over 7,000 enterprise customers spanning internet companies, government entities, blue-chip enterprises, and small- to mid-sized enterprises. The company's wholesale IDC business has become its primary growth engine, with over 1,007MW of capacity in service and total capacity reserves exceeding 4GW across domestic and international markets. VNET is also expanding into integrated compute-energy solutions through partnerships such as its strategic cooperation with CATL. Updated
Frequently Asked Questions
What does VNET Group do?
VNET Group, Inc. is a carrier- and cloud-neutral internet data center (IDC) services provider in China, operating both wholesale and retail data center businesses.
What is the VNET stock price target?
The Wall Street consensus 12-month price target for VNET is $10.92.