VNET Group (NASDAQ:VNET) Stock Price Down 5% – Here’s Why

Posted by Brenda Bartman on Oct 2nd, 2026

VNET Group, Inc. – Unsponsored ADR (NASDAQ:VNET – Get Free Report) dropped 5% during mid-day trading on Friday. The stock traded as low as $5.25 and last traded at $5.2750. Approximately 357,355 shares traded hands during trading, a decline of 94% from the average daily volume of 6,219,993 shares. The stock had previously closed at $5.55.

Analyst Upgrades and Downgrades

Several research firms have commented on VNET. Wall Street Zen lowered shares of VNET Group from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Deutsche Bank Aktiengesellschaft began coverage on shares of VNET Group in a research report on Tuesday, July 7th. They set a “buy” rating and a $12.50 price objective on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $14.00 price objective on shares of VNET Group in a report on Wednesday, August 19th. Finally, Weiss Ratings cut shares of VNET Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, September 1st. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, VNET Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.90.

Read Our Latest Stock Analysis on VNET Group

VNET Group Stock Down 6.6%

The company has a market cap of $1.40 billion, a P/E ratio of -3.65 and a beta of 0.23. The stock has a 50-day moving average of $6.70 and a two-hundred day moving average of $8.09. The company has a debt-to-equity ratio of 4.35, a quick ratio of 0.97 and a current ratio of 0.97.

VNET Group (NASDAQ:VNET – Get Free Report) last issued its earnings results on Wednesday, August 19th. The information technology services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.04). VNET Group had a negative return on equity of 36.25% and a negative net margin of 22.29%.The firm had revenue of $409.00 million during the quarter, compared to the consensus estimate of $401.77 million. On average, research analysts anticipate that VNET Group, Inc. – Unsponsored ADR will post -0.48 EPS for the current fiscal year.

Hedge Funds Weigh In On VNET Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tidal Investments LLC lifted its position in shares of VNET Group by 255.2% in the second quarter. Tidal Investments LLC now owns 332,025 shares of the information technology services provider’s stock worth $2,669,000 after buying an additional 238,541 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in VNET Group in the 2nd quarter valued at about $474,000. Squarepoint Ops LLC grew its stake in VNET Group by 4.8% in the second quarter. Squarepoint Ops LLC now owns 71,893 shares of the information technology services provider’s stock worth $578,000 after purchasing an additional 3,312 shares in the last quarter. Carmignac Gestion increased its stake in shares of VNET Group by 1,375.1% during the second quarter. Carmignac Gestion now owns 4,760,599 shares of the information technology services provider’s stock valued at $38,123,000 after buying an additional 4,437,879 shares during the period. Finally, Nykredit A S bought a new position in VNET Group in the second quarter worth approximately $89,000. 72.83% of the stock is currently owned by hedge funds and other institutional investors.

VNET Group Company Profile

(Get Free Report)

VNET Group, Inc (NASDAQ:VNET) is a carrier- and cloud-neutral data center services provider in China. The company develops and operates internet data centers that support the hosting, connectivity, and technology infrastructure needs of businesses, government organizations, cloud service providers, and internet companies.

Its services include data center colocation, cloud computing, managed network services, and other information technology infrastructure solutions. VNET’s facilities are designed to provide customers with secure space, power, connectivity, and related operational support for servers and other mission-critical systems.