VNET Group Inc has a consensus price target of $5.53 based on the ratings of 5 analysts. The high is $7 issued by UBS on November 29, 2024. The low is $4 issued by Citigroup on September 4, 2024. The 3 most-recent analyst ratings were released by UBS, HSBC, and Citigroup on November 29, 2024, October 9, 2024, and September 4, 2024, respectively. With an average price target of $5.4 between UBS, HSBC, and Citigroup, there's an implied 51.69% 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 UBS on November 29, 2024. The analyst firm set a price target for $7.00 expecting VNET to rise to within 12 months (a possible 96.63% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for VNET Gr (NASDAQ:VNET) was provided by UBS, and VNET Gr maintained 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 November 29, 2024 so you should expect the next rating to be made available sometime around November 29, 2025.
While ratings are subjective and will change, the latest VNET Gr (VNET) rating was a maintained with a price target of $6.40 to $7.00. The current price VNET Gr (VNET) is trading at is $3.56, which is out of the analyst’s predicted range.
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