VNET Group upgraded by HSBC Securities with a new price target
$VNET
Computer Software: Programming Data Processing
Technology
HSBC Securities upgraded VNET Group from Hold to Buy and set a new price target of $5.20
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/29/2024 | $3.10 → $5.00 | Neutral → Buy | Goldman |
| 10/9/2024 | $5.20 | Hold → Buy | HSBC Securities |
| 3/19/2024 | $3.90 → $2.70 | Neutral → Buy | BofA Securities |
| 7/7/2023 | $3.40 | Neutral | BofA Securities |
| 6/12/2023 | $6.60 → $2.90 | Buy → Hold | HSBC Securities |
| 9/1/2022 | $7.20 → $5.90 | Outperform → Neutral | Credit Suisse |
| 5/25/2022 | $6.50 | Sell → Neutral | Goldman |
| 11/22/2021 | $17.39 | Hold → Buy | HSBC Securities |
6-K - VNET Group, Inc. (0001508475) (Filer)
SCHEDULE 13G/A - VNET Group, Inc. (0001508475) (Subject)
6-K - VNET Group, Inc. (0001508475) (Filer)
BEIJING, Feb. 13, 2026 /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 appointment of Mr. Peter Zhihua Zhang as Senior Vice President, Operational Finance, effective immediately. Mr. Zhang will be responsible for the Company's financial operations and is authorized to review and approve the Company's financial statements and related filings for SEC and Nasdaq compliance purposes, as applicable. Mr. Zhang will also serve as the Company's "principal accounting officer" in accordance with applicable U.S. federal securities laws, SEC rules, and Nasdaq requirements.
BEIJING, Nov. 20, 2025 /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 third quarter ended September 30, 2025. "We delivered another strong quarter, demonstrating our strategy's effectiveness in capturing opportunities," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. "Our wholesale IDC business sustained its robust growth trajectory in the third quarter, driven by our rapid delivery capabilities and customers' fast move-in pace. Order momentum remained solid, underscored by t
BEIJING, Nov. 11, 2025 /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 that it will report its unaudited third quarter 2025 financial results on Thursday, November 20, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on Thursday, November 20, 2025, or 8:00 PM Beijing Time on Thursday, November 20, 2025. For participants who wish to join the call, please access the links provided below to complete the online registration process. English line:https://s1.c-conf.com/diamondpass/10051108-
Goldman upgraded VNET Group from Neutral to Buy and set a new price target of $5.00 from $3.10 previously
HSBC Securities upgraded VNET Group from Hold to Buy and set a new price target of $5.20
BofA Securities upgraded VNET Group from Neutral to Buy and set a new price target of $2.70 from $3.90 previously
BEIJING, Feb. 13, 2026 /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 appointment of Mr. Peter Zhihua Zhang as Senior Vice President, Operational Finance, effective immediately. Mr. Zhang will be responsible for the Company's financial operations and is authorized to review and approve the Company's financial statements and related filings for SEC and Nasdaq compliance purposes, as applicable. Mr. Zhang will also serve as the Company's "principal accounting officer" in accordance with applicable U.S. federal securities laws, SEC rules, and Nasdaq requirements.
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. Mr. Liu resigned for personal reasons and not due to any disagreement with the Board, the Company or any of its affiliates on any matter relating to the Company's operations, policies or practices. The Board has approved the appointment of Mr. David Lifeng Chen as a new independent director of the Board, effective immediately. The Board has reviewed the indepen
BEIJING, April 22, 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 that Mr. Jeff Dong has resigned from his position as the Company's Chief Executive Officer due to personal reasons. Mr. Josh Sheng Chen, Founder and Co-chairperson of VNET, has been appointed to succeed Mr. Dong as the Company's interim CEO, effective immediately. The Company will announce once the appointment of the permanent CEO has been confirmed. Mr. Chen commented, "On behalf of the Company, we would like to express our sincere appreciation for Jeff's outstanding contributions to our achie
SC 13G/A - VNET Group, Inc. (0001508475) (Subject)
SC 13D/A - VNET Group, Inc. (0001508475) (Subject)
SC 13D/A - VNET Group, Inc. (0001508475) (Subject)
BEIJING, Nov. 20, 2025 /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 third quarter ended September 30, 2025. "We delivered another strong quarter, demonstrating our strategy's effectiveness in capturing opportunities," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. "Our wholesale IDC business sustained its robust growth trajectory in the third quarter, driven by our rapid delivery capabilities and customers' fast move-in pace. Order momentum remained solid, underscored by t
BEIJING, Nov. 11, 2025 /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 that it will report its unaudited third quarter 2025 financial results on Thursday, November 20, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on Thursday, November 20, 2025, or 8:00 PM Beijing Time on Thursday, November 20, 2025. For participants who wish to join the call, please access the links provided below to complete the online registration process. English line:https://s1.c-conf.com/diamondpass/10051108-
BEIJING, Aug. 21, 2025 /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, 2025. "We delivered strong second quarter results thanks to continued effective strategic execution," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. "Our wholesale IDC business continued to grow rapidly, driven by our wholesale data centers' fast move-in pace. In the second quarter, our wholesale capacity in service increased by 101MW quarter over quarter to 674MW, with utiliz