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VNETNASDAQ: VNET

Profile

Sector:

Technology

Country:

China

IPO:

21 April 2011

Next earnings report:

15 November 2024

Last dividends:

N/A

Next dividends:

N/A
$907.69 M
-65%vs. 3y high
52%vs. sector
-vs. 3y high
-vs. sector
-53%vs. 3y high
31%vs. sector
-71%vs. 3y high
23%vs. sector

Price

after hours | Fri, 01 Nov 2024 21:59:03 GMT
$3.40+$0.09(+2.72%)

Dividend

No data over the past 3 years
$277.19 M$282.80 M
$277.19 M$8.85 M

Analysts recommendations

Institutional Ownership

VNET Latest News

21Vianet (VNET)'s Technical Outlook is Bright After Key Golden Cross
zacks.com30 August 2024 Sentiment: POSITIVE

From a technical perspective, Vnet Group Inc. (VNET) is looking like an interesting pick, as it just reached a key level of support. VNET's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

VNET vs. TTD: Which Stock Is the Better Value Option?
zacks.com30 August 2024 Sentiment: NEUTRAL

Investors with an interest in Internet - Services stocks have likely encountered both 21Vianet (VNET) and The Trade Desk (TTD). But which of these two stocks presents investors with the better value opportunity right now?

VNET Reports Unaudited Second Quarter 2024 Financial Results
prnewswire.com27 August 2024 Sentiment: POSITIVE

BEIJING , Aug. 27, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. "We delivered another solid quarter through continued strong execution of our effective dual-core development strategy," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET.

VNET Announces Change to Board Composition
prnewswire.com30 July 2024 Sentiment: NEUTRAL

BEIJING , July 30, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the resignation of Mr. Erhfei Liu as an independent director of the Company's board of directors (the "Board"), effective July 24, 2024.

VNET or AKAM: Which Is the Better Value Stock Right Now?
zacks.com16 July 2024 Sentiment: POSITIVE

Investors interested in stocks from the Internet - Services sector have probably already heard of 21Vianet (VNET) and Akamai Technologies (AKAM). But which of these two stocks is more attractive to value investors?

VNET Announces Certain Updates Regarding the Refinancing of the Founder's Personal Loan
prnewswire.com08 July 2024 Sentiment: POSITIVE

BEIJING , July 8, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the refinancing of the margin loan facility provided by Bold Ally (Cayman) Limited (the "Bold Ally Loan") to Mr. Josh Sheng Chen ("Mr.

VNET Group Inc. (VNET) Q1 2024 Earnings Call Transcript
seekingalpha.com30 May 2024 Sentiment: POSITIVE

VNET Group Inc. (NASDAQ:VNET ) Q1 2024 Results Conference Call May 30, 2024 9:00 PM ET Company Participants Xinyuan Liu - Director of Investor Relations Sheng Chen - Co-Founder, Executive Co-Chairman & Interim CEO Qiyu Wang - Chief Financial Officer Conference Call Participants Edison Lee - Jefferies Yang Liu - Morgan Stanley Daley Li - Bank of America Securities Timothy Zhao - Goldman Sachs Operator Hello, ladies and gentlemen. Thank you for standing by for the First Quarter 2024 Earnings Conference Call for VNET Group, Inc. [Operator Instructions] Management from our management today include Mr.

VNET Reports Unaudited First Quarter 2024 Financial Results
prnewswire.com29 May 2024 Sentiment: POSITIVE

BEIJING , May 29, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. "2024 is off to a promising start thanks to continued strong execution of our dual-core, high-quality development strategy during the first quarter," said Josh Sheng Chen, Founder, Co-chairperson and interim Chief Executive Officer of VNET.

21Vianet (VNET) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
zacks.com23 May 2024 Sentiment: POSITIVE

After losing some value lately, a hammer chart pattern has been formed for 21Vianet (VNET), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

VNET Group, Inc. (VNET) Q4 2023 Earnings Call Transcript
Seeking Alpha28 March 2024 Sentiment: POSITIVE

VNET Group, Inc. (VNET) Q4 2023 Earnings Call Transcript

What type of business is VNET?

VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services. It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers' private networks by setting up connections through the public internet. In addition, the company provides server administration services, such as operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1996 and is headquartered in Beijing, the People's Republic of China.

What sector is VNET in?

VNET is in the Technology sector

What industry is VNET in?

VNET is in the Information Technology Services industry

What country is VNET from?

VNET is headquartered in China

When did VNET go public?

VNET initial public offering (IPO) was on 21 April 2011

What is VNET website?

https://www.vnet.com

Is VNET in the S&P 500?

No, VNET is not included in the S&P 500 index

Is VNET in the NASDAQ 100?

No, VNET is not included in the NASDAQ 100 index

Is VNET in the Dow Jones?

No, VNET is not included in the Dow Jones index

When was VNET the previous earnings report?

No data

When does VNET earnings report?

The next expected earnings date for VNET is 15 November 2024