VNET Group, Inc. (VNET)Technology | Information Technology Services | Beijing, China | NasdaqGS
5.26 USD
-0.06
(-1.128%) ⇩
(Oct. 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 7:45 a.m. EDT
The investment case for VNET is currently broken by a catastrophic balance sheet and deteriorating operational reality. Despite a recent price rebound that pushed the stock up nearly 120% year-over-year, the company remains deeply insolvent with debt-to-equity exceeding 300x and negative free cash flow. The market has seemingly priced in a complete restructuring or liquidation scenario, as evidenced by the crushing volume of put options and the lack of any dividend support. The recent price surge appears to be a technical bounce off lows rather than a fundamental turnaround, given the persistent losses and the fact that the stock trades at a premium to book value despite generating no cash. Until the debt load is addressed and profitability is restored, this remains a high-risk speculative vehicle rather than a viable investment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.069188 |
| AutoARIMA | 0.070808 |
| AutoETS | 0.070825 |
| AutoTheta | 0.081904 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 0.89 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.513 |
| Excess Kurtosis | -0.81 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 309.206 |
| Revenue per Share | 39.187 |
| Market Cap | 1,500,327,168 |
| Forward P/E | 37.59 |
| Beta | 0.23 |
| Profit Margins | -6.24% |
| Previous Name | 21Vianet Group, Inc. |
| Website | https://www.vnet.com |
As of Oct. 10, 2026, 7:45 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 4.0 and 5.0) expiring in late 2026 and early 2027. While there is some speculative call volume at distant strikes (15.0 and 20.0) suggesting a hope for a recovery, the overwhelming weight of capital is in put options, indicating a fear of further collapse rather than a bet on a rally.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.44525546 |
| Address1 | Guanjie Building |
| Address2 | Southeast 1st Floor 10# Jiuxianqiao East Road Chaoyang District |
| All Time High | 44.45 |
| All Time Low | 1.39 |
| Ask | 6.66 |
| Ask Size | 2 |
| Average Analyst Rating | 1.4 - Strong Buy |
| Average Daily Volume10 Day | 5,202,540 |
| Average Daily Volume3 Month | 4,492,782 |
| Average Volume | 4,492,782 |
| Average Volume10Days | 5,202,540 |
| Beta | 0.231 |
| Bid | 3.8 |
| Bid Size | 2 |
| Book Value | 2.146789 |
| City | Beijing |
| Country | China |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.26 |
| Current Ratio | 0.973 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 5.36 |
| Day Low | 5.165 |
| Debt To Equity | 309.206 |
| Display Name | VNET |
| Dividend Yield | 0.0 |
| 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 | 9.661 |
| Enterprise To Revenue | 2.952 |
| Enterprise Value | 31,699,822,592 |
| Eps Current Year | -4.48124 |
| Eps Forward | 0.1399126 |
| Eps Trailing Twelve Months | -1.22 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 86 10 8456 4234 |
| Fifty Day Average | 6.478 |
| Fifty Day Average Change | -1.2179999 |
| Fifty Day Average Change Percent | -0.18802097 |
| Fifty Two Week Change Percent | -44.525547 |
| Fifty Two Week High | 14.48 |
| Fifty Two Week High Change | -9.219999 |
| Fifty Two Week High Change Percent | -0.6367403 |
| Fifty Two Week Low | 5.07 |
| Fifty Two Week Low Change | 0.19000006 |
| Fifty Two Week Low Change Percent | 0.037475355 |
| Fifty Two Week Range | 5.07 - 14.48 |
| Financial Currency | CNY |
| First Trade Date Milliseconds | 1,303,392,600,000 |
| Float Shares | 172,092,471 |
| Forward Eps | 0.1399126 |
| Forward P E | 37.5949 |
| Free Cashflow | -3,814,723,584 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 2,784 |
| Fullday Change | -0.03000021 |
| Fullday Change Percent | -0.5639137 |
| Fullday Price | 5.26 |
| 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 | 0.00022 |
| Held Percent Institutions | 0.45541 |
| Implied Shares Outstanding | 285,233,278 |
| 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. 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 | 1,500,327,168 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_129459462 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-14 |
| Net Income To Common | -2,381,378,048 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,970,066,168 |
| Number Of Analyst Opinions | 14 |
| Open | 5.28 |
| Operating Cashflow | 1,747,992,960 |
| Operating Margins | 0.0825 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.45 |
| Phone | 86 10 8456 2121 |
| Prev Name | 21Vianet Group, Inc. |
| Previous Close | 5.32 |
| Price Eps Current Year | -1.1737823 |
| Price Hint | 2 |
| Price To Book | 2.450171 |
| Price To Sales Trailing12 Months | 0.13971205 |
| Profit Margins | -0.06237 |
| Quick Ratio | 0.752 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.35714 |
| Region | US |
| Regular Market Change | -0.0599999 |
| Regular Market Change Percent | -1.12782 |
| Regular Market Day High | 5.36 |
| Regular Market Day Low | 5.165 |
| Regular Market Day Range | 5.165 - 5.36 |
| Regular Market Open | 5.28 |
| Regular Market Previous Close | 5.32 |
| Regular Market Price | 5.26 |
| Regular Market Time | 1,791,921,600 |
| Regular Market Volume | 3,619,133 |
| Return On Assets | 0.0117 |
| Return On Equity | -0.04701 |
| Revenue Growth | 0.142 |
| Revenue Per Share | 39.187 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 280,102,991 |
| Shares Percent Shares Out | 0.15439999 |
| Shares Short | 44,027,107 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 39,560,058 |
| Short Name | VNET Group, Inc. |
| Short Percent Of Float | 0.2764 |
| Short Ratio | 10.77 |
| Source Interval | 15 |
| Symbol | VNET |
| Target High Price | 25.116444 |
| Target Low Price | 7.527764 |
| Target Mean Price | 13.654463 |
| Target Median Price | 13.450474 |
| 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 | -1.22 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 8.7203 |
| Two Hundred Day Average Change | -3.4602995 |
| Two Hundred Day Average Change Percent | -0.3968097 |
| Type Disp | Equity |
| Volume | 3,619,133 |
| Website | https://www.vnet.com |
| Zip | 100,016 |