VNET Group (NASDAQ:VNET) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Posted by Francis Steltz on Aug 18th, 2026

VNET Group (NASDAQ:VNET – Get Free Report) issued its quarterly earnings data on Tuesday. The information technology services provider reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02), FiscalAI reports. The company had revenue of $409.00 million for the quarter, compared to the consensus estimate of $401.77 million. VNET Group had a negative return on equity of 31.59% and a negative net margin of 22.01%.

VNET Group Trading Up 4.2%

VNET opened at $7.92 on Tuesday. The firm has a 50 day simple moving average of $7.88 and a 200 day simple moving average of $9.25. VNET Group has a fifty-two week low of $6.17 and a fifty-two week high of $14.48. The company has a market cap of $2.14 billion, a price-to-earnings ratio of -5.78 and a beta of 0.32. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.99 and a quick ratio of 0.99.

Insider Transactions at VNET Group

In other VNET Group news, Director Sean Shao sold 60,000 shares of VNET Group stock in a transaction on Monday, June 1st. The shares were sold at an average price of $1.71, for a total transaction of $102,600.00. Following the completion of the sale, the director owned 983,820 shares of the company’s stock, valued at approximately $1,682,332.20. The trade was a 5.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 12.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Orion Porfolio Solutions LLC boosted its position in shares of VNET Group by 6.1% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 21,491 shares of the information technology services provider’s stock worth $222,000 after purchasing an additional 1,237 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in VNET Group by 52.2% during the second 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. Raymond James Financial Inc. boosted its holdings in VNET Group by 14.5% during the third quarter. Raymond James Financial Inc. now owns 11,446 shares of the information technology services provider’s stock worth $118,000 after buying an additional 1,446 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of VNET Group during the 4th quarter worth about $27,000. Finally, Public Employees Retirement System of Ohio grew its position in shares of VNET Group by 14.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 30,800 shares of the information technology services provider’s stock worth $261,000 after buying an additional 3,900 shares during the period. Institutional investors and hedge funds own 72.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on VNET shares. Deutsche Bank Aktiengesellschaft started coverage on shares of VNET Group in a research note on Tuesday, July 7th. They issued a “buy” rating and a $12.50 target price for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of VNET Group in a report on Wednesday, July 15th. Bank of America set a $16.30 price objective on shares of VNET Group and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $24.79 price objective on shares of VNET Group in a report on Tuesday, May 26th. Finally, Zacks Research raised VNET Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 27th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.40.

View Our Latest Report on VNET

VNET Group Company Profile

(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.