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VNET Group, Inc. (VNET)

Technology | Information Technology Services | Beijing, China | NasdaqGS
6.55 USD -0.09 (-1.355%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 6.54 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:50 a.m. EDT

The long-term investment case is severely compromised by deteriorating fundamentals and a broken capital structure. The company is burning cash with negative free cash flow and negative operating cash flow, while carrying debt nearly five times its equity. Return on equity is negative, and the stock trades at a forward P/E of 44 despite having no earnings, reflecting the market's pricing of extreme risk rather than value. While revenue growth is positive at 14%, it is insufficient to offset the massive leverage and operational bleed. The balance sheet is fragile, with a current ratio below 1.0, making the company vulnerable to any credit tightening. In the short term, the outlook remains murky. Although the stock recently rallied significantly (a +327% year-over-year jump), the technical setup shows heavy selling pressure, with the price trading well below both its 50-day and 200-day moving averages. The statistical forecast model offers no help, showing a weak bearish lean with very low confidence. Options data confirms this pessimism, with traders buying substantial put protection at strikes below the current price. There is no dividend to provide any income cushion. The combination of a distressed balance sheet, negative cash generation, and lack of analyst consensus on a sustainable turnaround path makes this a high-risk speculative vehicle rather than an investment opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.265613
MSTL0.293888
AutoTheta0.297846
AutoARIMA0.347792

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 33%
H-stat 5.65
Ljung-Box p 0.000
Jarque-Bera p 0.526
Excess Kurtosis 0.15
Attribute Value
Sector Technology
Debt to Equity Ratio 309.206
Revenue per Share 39.187
Market Cap 1,864,730,368
Forward P/E 43.10
Beta 0.30
Profit Margins -6.24%
Previous Name 21Vianet Group, Inc.
Website https://www.vnet.com

As of Aug. 22, 2026, 5:50 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts (strikes 5.0, 8.0, 12.0) across multiple expirations. Call activity is concentrated near the money and slightly out-of-the-money, suggesting a hedged stance rather than a pure bullish bet. The skew in implied volatility favors downside moves, indicating fear of further weakness.


Info Dump

Attribute Value
52 Week Change -0.17617863
Address1 Guanjie Building
Address2 Southeast 1st Floor 10# Jiuxianqiao East Road Chaoyang District
All Time High 44.45
All Time Low 1.39
Ask 6.98
Ask Size 2
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 6,759,370
Average Daily Volume3 Month 5,113,487
Average Volume 5,113,487
Average Volume10Days 6,759,370
Beta 0.297
Bid 6.5
Bid Size 3
Book Value 2.1311576
City Beijing
Country China
Crypto Tradeable 0
Currency USD
Current Price 6.55
Current Ratio 0.973
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 6.78
Day Low 6.48
Debt To Equity 309.206
Display Name VNET
Earnings Call Timestamp End 1,787,054,400
Earnings Call Timestamp Start 1,787,054,400
Earnings Timestamp 1,787,056,200
Earnings Timestamp End 1,795,091,400
Earnings Timestamp Start 1,795,091,400
Ebitda 3,281,273,088
Ebitda Margins 0.30556
Enterprise To Ebitda 9.772
Enterprise To Revenue 2.986
Enterprise Value 32,065,753,088
Eps Current Year -6.11499
Eps Forward 0.15198411
Eps Trailing Twelve Months -1.27
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 86 10 8456 4234
Fifty Day Average 7.532
Fifty Day Average Change -0.9819999
Fifty Day Average Change Percent -0.13037704
Fifty Two Week Change Percent -17.617863
Fifty Two Week High 14.48
Fifty Two Week High Change -7.9299994
Fifty Two Week High Change Percent -0.5476519
Fifty Two Week Low 6.17
Fifty Two Week Low Change 0.3800001
Fifty Two Week Low Change Percent 0.061588347
Fifty Two Week Range 6.17 - 14.48
Financial Currency CNY
First Trade Date Milliseconds 1,303,392,600,000
Float Shares 64,057,761
Forward Eps 0.15198411
Forward P E 43.09661
Free Cashflow -3,814,723,584
Full Exchange Name NasdaqGS
Full Time Employees 2,784
Fullday Change -0.0899997
Fullday Change Percent -1.35542
Fullday Price 6.54
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.20491
Gross Profits 2,200,460,032
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.61974996
Implied Shares Outstanding 284,691,643
Industry Information Technology Services
Industry Disp Information Technology Services
Industry Key information-technology-services
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary VNET Group, Inc., an investment holding company, provides data center hosting and related services in China. The company offers managed hosting services comprising 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 standby 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 offers server administration services, including 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, China.
Long Name VNET Group, Inc.
Market us_market
Market Cap 1,864,730,368
Market State CLOSED
Max Age 86,400
Message Board Id finmb_129459462
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-28
Net Income To Common -2,381,378,048
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,890,352,508
Number Of Analyst Opinions 14
Open 6.67
Operating Cashflow 1,747,992,960
Operating Margins 0.0825
Payout Ratio 0.0
Peg Ratio 0.45
Phone 86 10 8456 2121
Post Market Change -0.010000229
Post Market Change Percent -0.15267524
Post Market Price 6.54
Post Market Time 1,787,959,806
Prev Name 21Vianet Group, Inc.
Previous Close 6.64
Price Eps Current Year -1.0711383
Price Hint 2
Price To Book 3.073447
Price To Sales Trailing12 Months 0.17364566
Profit Margins -0.06237
Quick Ratio 0.752
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change -0.0899997
Regular Market Change Percent -1.35542
Regular Market Day High 6.78
Regular Market Day Low 6.48
Regular Market Day Range 6.48 - 6.78
Regular Market Open 6.67
Regular Market Previous Close 6.64
Regular Market Price 6.55
Regular Market Time 1,787,947,200
Regular Market Volume 2,587,866
Return On Assets 0.0117
Return On Equity -0.04701
Revenue Growth 0.142
Revenue Per Share 39.187
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 279,561,356
Shares Percent Shares Out 0.1347
Shares Short 38,349,925
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 42,577,426
Short Name VNET Group, Inc.
Short Percent Of Float 0.24159999
Short Ratio 10.55
Source Interval 15
Symbol VNET
Target High Price 25.08094
Target Low Price 7.574247
Target Mean Price 13.722112
Target Median Price 13.371621
Total Cash 6,720,690,176
Total Cash Per Share 23.692
Total Debt 30,983,540,736
Total Revenue 10,738,709,504
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.27
Trailing Peg Ratio 0.4471
Triggerable 1
Two Hundred Day Average 9.15085
Two Hundred Day Average Change -2.60085
Two Hundred Day Average Change Percent -0.2842195
Type Disp Equity
Volume 2,587,866
Website https://www.vnet.com
Zip 100,016