VNET Group (NASDAQ:VNET) Shares Down 5.9% – Here’s What Happened

Posted by Brenda Bartman on May 23rd, 2026

Shares of VNET Group, Inc. – Unsponsored ADR (NASDAQ:VNET – Get Free Report) fell 5.9% during mid-day trading on Thursday . The stock traded as low as $9.70 and last traded at $9.6110. 679,346 shares traded hands during trading, a decline of 91% from the average session volume of 7,161,146 shares. The stock had previously closed at $10.21.

Wall Street Analyst Weigh In

Several research firms have issued reports on VNET. Wall Street Zen raised VNET Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of VNET Group in a research note on Friday, March 27th. Zacks Research cut VNET Group from a “hold” rating to a “strong sell” rating in a research note on Monday, May 18th. Jefferies Financial Group reissued a “buy” rating and set a $23.55 target price on shares of VNET Group in a research note on Monday, March 16th. Finally, Bank of America reissued a “buy” rating on shares of VNET Group in a research note on Monday, March 16th. Two research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, VNET Group presently has an average rating of “Hold” and a consensus price target of $18.08.

Get Our Latest Report on VNET Group

VNET Group Price Performance

The stock has a market capitalization of $2.58 billion, a price-to-earnings ratio of -32.90 and a beta of 0.19. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.92 and a current ratio of 0.92. The company has a 50 day moving average of $9.07 and a 200 day moving average of $9.71.

VNET Group (NASDAQ:VNET – Get Free Report) last released its earnings results on Monday, March 16th. The information technology services provider reported $0.00 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.04). VNET Group had a positive return on equity of 1.36% and a negative net margin of 2.48%.The company had revenue of $384.07 million for the quarter, compared to analyst estimates of $368.64 million. As a group, equities research analysts anticipate that VNET Group, Inc. – Unsponsored ADR will post 0.21 EPS for the current year.

Insider Buying and Selling

In related news, Director David Lifeng Chen sold 83,544 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $1.51, for a total transaction of $126,151.44. Following the completion of the transaction, the director directly owned 334,164 shares of the company’s stock, valued at $504,587.64. The trade was a 20.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 12.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Leonteq Securities AG acquired a new position in VNET Group during the 1st quarter worth $25,000. Global Retirement Partners LLC purchased a new stake in VNET Group during the 4th quarter worth about $27,000. EverSource Wealth Advisors LLC lifted its holdings in VNET Group by 52.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,157 shares of the information technology services provider’s stock worth $29,000 after buying an additional 1,426 shares during the last quarter. Parallel Advisors LLC lifted its holdings in VNET Group by 26.8% during the 1st quarter. Parallel Advisors LLC now owns 5,495 shares of the information technology services provider’s stock worth $46,000 after buying an additional 1,160 shares during the last quarter. Finally, Allianz SE purchased a new stake in VNET Group during the 4th quarter worth about $50,000. 72.83% of the stock is owned by institutional investors and hedge funds.

About VNET Group

(Get Free Report)

VNET Group, Inc (NASDAQ: VNET) is a leading carrier-neutral internet data center (IDC) services provider in China. Established in 1999 and headquartered in Beijing, the company delivers a full spectrum of infrastructure solutions that support the growing digital economy. Its core offerings include data center colocation, managed hosting, network connectivity, and disaster recovery services designed to meet the performance and reliability requirements of enterprise and internet content customers.

The company’s product portfolio spans private cloud, public cloud and hybrid cloud deployments, enabling clients to scale computing resources on demand.