VNET Group (VNET) to Release Quarterly Earnings on Wednesday

VNET Group (NASDAQ:VNET) is anticipated to announce its Q1 2025 earnings results before the market opens on Wednesday, May 28th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $2.22 billion for the quarter. VNET Group has set its FY 2025 guidance at EPS.

VNET Group (NASDAQ:VNET) last released its earnings results on Wednesday, March 12th. The information technology services provider reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). VNET Group had a negative return on equity of 5.68% and a negative net margin of 28.54%. The firm had revenue of $307.75 million for the quarter, compared to analyst estimates of $284.88 million. On average, analysts expect VNET Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

VNET Group Price Performance

Shares of NASDAQ VNET opened at $6.22 on Wednesday. VNET Group has a twelve month low of $1.71 and a twelve month high of $16.13. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.46. The firm has a 50-day moving average of $6.86 and a two-hundred day moving average of $6.73. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of -2.80, a PEG ratio of 1.01 and a beta of 0.14.

Analyst Ratings Changes

Several research firms recently commented on VNET. Nomura Securities raised shares of VNET Group to a “strong-buy” rating in a research note on Friday, February 21st. StockNews.com downgraded VNET Group from a “hold” rating to a “sell” rating in a research report on Tuesday, May 6th. Finally, Citigroup lifted their target price on VNET Group from $16.10 to $20.00 and gave the stock a “buy” rating in a report on Friday, March 14th. One analyst has rated the stock with a sell rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, VNET Group currently has an average rating of “Buy” and an average target price of $9.30.

About VNET Group

VNET Group, Inc, an investment holding company, provides hosting and related services in China. It 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; 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; 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.