VNET Group Inc has a consensus price target of $5.03 based on the ratings of 4 analysts. The high is $5.9 issued by Credit Suisse on September 1, 2022. The low is $4 issued by Citigroup on September 4, 2024. The 3 most-recent analyst ratings were released by HSBC, Citigroup, and HSBC on October 9, 2024, September 4, 2024, and June 12, 2023, respectively. With an average price target of $4.03 between HSBC, Citigroup, and HSBC, there's an implied 2.63% upside for VNET Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for VNET Gr (NASDAQ:VNET) was reported by HSBC on October 9, 2024. The analyst firm set a price target for $5.20 expecting VNET to rise to within 12 months (a possible 32.32% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for VNET Gr (NASDAQ:VNET) was provided by HSBC, and VNET Gr upgraded their buy rating.
The last upgrade for VNET Group Inc happened on October 9, 2024 when HSBC raised their price target to $5.2. HSBC previously had a hold for VNET Group Inc.
The last downgrade for VNET Group Inc happened on June 12, 2023 when HSBC changed their price target from $6.6 to $2.9 for VNET Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of VNET Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for VNET Gr was filed on October 9, 2024 so you should expect the next rating to be made available sometime around October 9, 2025.
While ratings are subjective and will change, the latest VNET Gr (VNET) rating was a upgraded with a price target of $0.00 to $5.20. The current price VNET Gr (VNET) is trading at is $3.93, which is within the analyst’s predicted range.
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