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VNET Gr

VNETNASDAQ
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$3.93
0.174.52%
Pre-Market: 5:14 AM EDT
Q3 2024 Earnings were released on Wed Nov 20th, after the market close
The most recent conference call was at 20:00 PM, 1 day ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$5.90
Lowest Price Target1
$4.00
Consensus Price Target1
$5.03

VNET Gr (NASDAQ:VNET) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
1
Sep
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HSBC
Citigroup
Credit Suisse

1calculated from analyst ratings

Analyst Ratings for VNET Gr

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FAQ

Q

What is the target price for VNET Gr (VNET) stock?

A

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.

Q

What is the most recent analyst rating for VNET Gr (VNET)?

A

The latest analyst rating for VNET Gr (NASDAQ:VNET) was provided by HSBC, and VNET Gr upgraded their buy rating.

Q

When was the last upgrade for VNET Gr (VNET)?

A

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.

Q

When was the last downgrade for VNET Gr (VNET)?

A

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.

Q

When is the next analyst rating going to be posted or updated for VNET Gr (VNET)?

A

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.

Q

Is the Analyst Rating VNET Gr (VNET) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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