VNET VNET Group, Inc. - American Depositary Shares

NASDAQ · Technology
$6.73
Price · Aug 19, 2026
52W Range
$6–$14
7% of range
Analyst Rating
BUY
20 analysts
Price Target
$15
+124% upside
P/E (TTM)
—
ROE
—
Net Profit Margin
—

About VNET Group, Inc. - American Depositary Shares Company overview from Wikipedia

VNET Group, Inc. is the largest private, carrier-neutral Internet and data center service provider in China. A Cayman Islands holding company, VNET provides value-added telecommunications services in China through four domestic PRC companies: VNET Technology, BJ iJoy, WiFire Network, and SH Zhiyan. It is the exclusive operator of Microsoft Azure and Microsoft 365 services in China, and also houses data centers for Alibaba and other Chinese companies.

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VNET Group, Inc. (VNET, formerly 21Vianet) is the largest private, carrier-neutral Internet and data center service provider in China. A Cayman Islands holding company, VNET provides value-added telecommunications services in China through four domestic PRC companies: VNET Technology, BJ iJoy, WiFire Network, and SH Zhiyan. It is the exclusive operator of Microsoft Azure and Microsoft 365 services in China, and also houses data centers for Alibaba and other Chinese companies.

== References ==

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

VNET Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$6.73
Market Cap
—
P/E (TTM)
—
EPS (TTM)
—
Revenue (TTM)
—
Div Yield
—
ROE
—
Debt/Equity
—
52W Range
$6 – $14

VNET Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income —
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Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

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5Y trend
VNET
Peer Median

Profitability Gross, operating and net margins; ROE, ROA, ROIC

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Financial Health Debt, liquidity, solvency — balance sheet strength

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5Y trend
VNET
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Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

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5Y trend
VNET
Peer Median

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
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Peer Median

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

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VNET Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 20 analysts
  • Strong Buy 7 35.0%
  • Buy 12 60.0%
  • Hold 1 5.0%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

14 analysts · 2026-08-13
Median target $15.14 +125.0%
Mean target $15.07 +124.0%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-1.4%
Period EPS Actual EPS Est Surprise
June 30, 2026 $-0.40 $1.27 —
March 31, 2026 $-8.16 $-0.24 -7.9%
Dec. 31, 2025 $1.02 $-0.52 1.5%
Sept. 30, 2025 $-1.14 $-0.29 -0.85%
June 30, 2025 $-0.06 $0.04 -0.10%
March 31, 2025 $-0.90 $-0.12 -0.78%
Dec. 31, 2024 $-0.06 $0.15 -0.21%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
VNET — — — — — —
KC — — — — — —

Latest News Recent headlines mentioning this company

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Institutional owners (13F) 199 filers · $1.3B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
41 (-19 vs prior Q) 57 (+29 vs prior Q) 66 (-2 vs prior Q) 48 (-16 vs prior Q) +40.7M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
Point72 Asset Management, L.P. $147,057,718 18,290,761 11.27% Shares
Triata Capital Ltd $94,582,037 11,763,935 7.25% Shares
Blackstone Inc. $83,633,125 10,402,130 6.41% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $77,721,707 9,666,879 5.95% Shares
MILLENNIUM MANAGEMENT LLC $70,502,278 8,768,940 5.40% Shares
NORGES BANK $68,560,191 8,527,387 5.25% Shares
S.A.C. Capital Advisors (Hong Kong) Ltd. $52,038,725 5,037,631 3.99% Shares
Carmignac Gestion $38,122,897 4,760,599 2.92% Shares
CITADEL ADVISORS LLC $33,238,164 4,134,100 2.55% Put option
CITADEL ADVISORS LLC $32,728,428 4,070,700 2.51% Call option
Temasek Holdings (Private) Ltd $28,344,570 3,525,444 2.17% Shares
Oasis Management Co Ltd. $27,731,472 3,449,188 2.12% Shares
Pinpoint Asset Management (Singapore) Pte. Ltd. $27,084,018 3,368,659 2.08% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $25,743,823 3,201,968 1.97% Shares
Senvest Management, LLC $24,921,081 3,099,637 1.91% Shares
Tiger Pacific Capital LP $23,395,483 2,909,886 1.79% Shares
JANE STREET GROUP, LLC $20,817,972 2,589,300 1.60% Call option
D. E. Shaw & Co., Inc. $19,836,232 2,467,193 1.52% Shares
GOLDMAN SACHS GROUP INC $17,529,741 2,180,316 1.34% Shares
VANGUARD CAPITAL MANAGEMENT LLC $16,432,224 2,043,809 1.26% Shares
FARALLON CAPITAL MANAGEMENT, L.L.C. $16,015,680 1,992,000 1.23% Shares
CoreView Capital Management Ltd $15,990,989 1,988,929 1.23% Shares
BANK OF AMERICA CORP /DE/ $14,039,825 1,746,247 1.08% Shares
Infini Capital Management Ltd $12,088,866 1,428,944 0.93% Shares
DIMENSIONAL FUND ADVISORS LP $12,038,388 1,497,312 0.92% Shares
Capital International Investors $12,021,336 1,495,191 0.92% Shares
Balyasny Asset Management L.P. $11,988,428 1,491,098 0.92% Shares
Carrhae Capital LLP $11,796,248 1,467,195 0.90% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $11,687,748 1,453,700 0.90% Call option
Alden Global Capital LLC $11,566,344 1,438,600 0.89% Shares
Allianz Asset Management GmbH $11,202,076 1,335,170 0.86% Shares
TWO SIGMA ADVISERS, LP $10,896,480 1,288,000 0.83% Shares
Brevan Howard Capital Management LP $10,160,640 1,284,531 0.78% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $8,980,680 1,117,000 0.69% Put option
AI-Squared Management Ltd $8,253,060 1,026,500 0.63% Shares
CITADEL ADVISORS LLC $8,115,640 1,009,408 0.62% Shares
Point72 Europe (London) LLP $8,068,329 781,058 0.62% Shares
FIL Ltd $8,066,307 1,003,272 0.62% Shares
JANE STREET GROUP, LLC $7,622,724 948,100 0.58% Put option
CITIGROUP INC $7,540,652 937,892 0.58% Shares
STATE STREET CORP $7,444,140 925,888 0.57% Shares
CastleKnight Management LP $7,031,784 874,600 0.54% Shares
RENAISSANCE TECHNOLOGIES LLC $6,181,996 768,905 0.47% Shares
PineBridge Investments, L.P. $6,028,361 583,578 0.46% Shares
Pinpoint Asset Management Ltd $5,939,654 724,348 0.46% Shares
Hel Ved Capital Management Ltd $5,896,536 733,400 0.45% Shares
Qube Research & Technologies Ltd $5,854,141 728,127 0.45% Shares
Greenwoods Asset Management Hong Kong Ltd. $5,213,940 648,500 0.40% Shares
UBS Group AG $5,176,007 643,782 0.40% Call option
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main $5,025,000 625,000 0.39% Shares
MACKENZIE FINANCIAL CORP $4,724,851 587,668 0.36% Shares
DEUTSCHE BANK AG\ $4,499,506 559,640 0.34% Shares
VANGUARD GROUP INC $4,448,420 525,818 0.34% Shares
VANGUARD FIDUCIARY TRUST CO $4,312,286 536,354 0.33% Shares
FACT Capital, LP $3,845,098 478,246 0.29% Shares
Defiance ETFs, LLC $2,919,105 331,340 0.22% Shares
Lighthouse Investment Partners, LLC $2,851,113 354,616 0.22% Shares
Capital International, Inc./CA/ $2,818,398 350,547 0.22% Shares
Candriam S.C.A. $2,729,966 339,875 0.21% Shares
Baker Avenue Asset Management, LP $2,696,426 335,376 0.21% Shares
Regal Partners Ltd $2,673,437 332,517 0.20% Shares
PINEBRIDGE INVESTMENTS ASIA LTD $2,259,867 281,078 0.17% Shares
DIVERSIFY WEALTH MANAGEMENT, LLC $2,114,720 294,940 0.16% Shares
Diversify Advisory Services, LLC $2,114,720 294,940 0.16% Shares
GEODE CAPITAL MANAGEMENT, LLC $2,024,512 251,805 0.16% Shares
WELLS FARGO & COMPANY/MN $2,010,000 250,000 0.15% Call option
Headlands Technologies LLC $1,925,315 239,467 0.15% Shares
JANUS HENDERSON GROUP PLC $1,809,000 215,229 0.14% Shares
Trexquant Investment LP $1,743,337 216,833 0.13% Shares
IMC-Chicago, LLC $1,518,274 188,840 0.12% Shares
AMERICAN CENTURY COMPANIES INC $1,494,347 185,864 0.11% Shares
WOLVERINE TRADING, LLC $1,470,933 141,300 0.11% Call option
Hudson Bay Capital Management LP $1,428,330 177,653 0.11% Shares
TWO SIGMA INVESTMENTS, LP $1,419,060 176,500 0.11% Shares
Schonfeld Strategic Advisors LLC $1,111,152 138,203 0.09% Shares
Jefferies Financial Group Inc. $1,004,791 124,974 0.08% Shares
BARCLAYS PLC $965,154 120,044 0.07% Shares
GROUP ONE TRADING LLC $954,404 118,707 0.07% Shares
GOLDMAN SACHS GROUP INC $905,304 112,600 0.07% Call option
Bank of New York Mellon Corp $900,970 112,061 0.07% Shares
CAPSTONE INVESTMENT ADVISORS, LLC $883,475 109,885 0.07% Shares
BlackRock, Inc. $876,858 109,062 0.07% Shares
Point72 Asia (Singapore) Pte. Ltd. $865,587 83,793 0.07% Shares
Driehaus Capital Management LLC $839,328 104,394 0.06% Shares
Krane Funds Advisors LLC $809,194 100,646 0.06% Shares
Balyasny Asset Management L.P. $804,000 100,000 0.06% Call option
Nuveen, LLC $795,156 98,900 0.06% Shares
HSBC HOLDINGS PLC $783,900 97,500 0.06% Shares
Maso Capital Partners Ltd $774,750 75,000 0.06% Shares
BNP PARIBAS FINANCIAL MARKETS $769,307 95,685 0.06% Shares
Diametric Capital, LP $748,725 93,125 0.06% Shares
NEUBERGER BERMAN GROUP LLC $747,979 97,083 0.06% Shares
Invesco Ltd. $738,627 91,869 0.06% Shares
SPX Gestao de Recursos Ltda $641,496 79,788 0.05% Shares
PEAK6 LLC $631,944 78,600 0.05% Call option
Amundi $621,452 77,295 0.05% Shares
Walleye Trading LLC $615,060 76,500 0.05% Put option
Squarepoint Ops LLC $578,020 71,893 0.04% Shares
SIMPLEX TRADING, LLC $572,327 71,185 0.04% Shares
California Public Employees Retirement System $558,193 69,427 0.04% Shares

Company insiders 5 insiders · 1 officers · 4 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Zhihua Zhang SVP, Operational Finance May 15, 2026 M 33,924 0 1 $-15,332
David Lifeng Chen Director July 31, 2026 M 501,252 0 1 $-126,151
Sean Shao Director June 1, 2026 S 983,820 0 1 $-102,600
Yoshihisa Ueno Director May 15, 2026 A — 0 0 $0
Kenneth Tai Director May 15, 2026 A — 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 10 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Success Flow International Investment Limited, Choice Faith Group Holdings Limited, Shandong Hi-Speed Holdings Group Limited ×2 filings May 19, 2026 38.10% Amendment — SEC
Sheng Chen, GenTao Capital Limited, Fast Horse Technology Limited, Sunrise Corporate Holding Ltd., Personal Group Limited, Beacon Capital Group Inc., Zentribe Capital (BVI) Limited ×12 filings May 15, 2026 32.40% Amendment — SEC
Vector Holdco Pte. Ltd., BTO Vector Fund ESC (CYM) L.P., BTO Vector Fund FD (CYM) L.P., BTO Super Holding (NQ) Co. III Pte. Ltd., Blackstone Tactical Opportunities SG II (Cayman) - NQ L.P., BTO Holdings (Cayman) - NQ Manager L.L.C., Blackstone Tactical Opportunities Management Associates (Cayman) - NQ L.P., BTO GP-NQ L.L.C., Blackstone Tactical Opportunities LR Associates (Cayman) - NQ Ltd., Blackstone Holdings IV L.P., Blackstone Holdings IV GP L.P., Blackstone Holdings IV GP Management (Delaware) L.P., Blackstone Holdings IV GP Management L.L.C., Blackstone Inc., Blackstone Group Management L.L.C., Stephen A. Schwarzman ×2 filings Feb. 18, 2026 3.94% Amendment — SEC
Vector Holdco Pte. Ltd. (2), BTO Vector Fund ESC (CYM) L.P. (2), BTO Vector Fund FD (CYM) L.P. (2), BTO Super Holding (NQ) Co. III Pte. Ltd. (2), Blackstone Tactical Opportunities SG II (Cayman) - NQ L.P. (2), BTO Holdings (Cayman) - NQ Manager L.L.C. (2), Blackstone Tactical Opportunities Management Associates (Cayman) - NQ L.P. (2), BTO GP—NQ L.L.C. (2), Blackstone Tactical Opportunities LR Associates (Cayman) – NQ Ltd. (2), Blackstone Holdings IV L.P. (2), Blackstone Holdings IV GP L.P. (2), Blackstone Holdings IV GP Management (Delaware) L.P. (2), Blackstone Holdings IV GP Management L.L.C. (2), Blackstone Inc. (2), Blackstone Group Management L.L.C. (2), Stephen A. Schwarzman (2) ×3 filings Feb. 1, 2022 — Initial filing Passive investment SEC
Undisclosed reporting person, Tus-Holdings Co., Ltd. May 17, 2021 — Initial filing Passive investment SEC
King Venture Holdings Limited, Kingsoft Corporation Limited ×6 filings Dec. 16, 2020 — Initial filing — SEC
Temasek Holdings (Private) Limited, Tembusu Capital Pte. Ltd., Esta Investments Pte. Ltd. March 9, 2020 — Initial filing — SEC
Esta Investments Pte. Ltd., Tembusu Capital Pte. Ltd., Temasek Holdings (Private) Limited ×6 filings March 1, 2019 — Initial filing Passive investment SEC
Tuspark Innovation Venture Ltd., Tus-Holdings Co., Ltd., Tsinghua Holdings Co., Ltd. July 13, 2016 — Initial filing — SEC
Granite Global Ventures III L.P., GGV III Entrepreneurs Fund L.P., Granite Global Ventures III L.L.C., Scott B. Bonham, Jixun Foo, Glenn Solomon, Jenny Lee, Hany M. Nada, Thomas K. Ng ×4 filings May 15, 2015 — Initial filing — SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 26 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
DTCR · Global X Funds 2.89% 6,154,355 NS May 31, 2026 N-PORT
REAI · Tidal Trust I 2.05% 2,656 NS April 30, 2026 N-PORT
CLOU · Global X Funds 2.01% 536,089 NS May 31, 2026 N-PORT
PSWD · DBX ETF Trust 1.27% 11,130 NS May 29, 2026 N-PORT
PGJ · Invesco Exchange-Traded Fund Trust 0.67% 90,465 SH Aug. 8, 2026 Daily
ECNS · iShares Trust 0.65% 60,845 SH Aug. 8, 2026 Daily
SRVR · Pacer Funds Trust 0.34% 161,270 NS April 30, 2026 N-PORT
AIPO · Tidal Trust II 0.28% 207,721 NS May 31, 2026 N-PORT
TRFM · ETF Series Solutions 0.23% 42,513 NS April 30, 2026 N-PORT
EEMS · iShares, Inc. 0.06% 31,347 SH Aug. 8, 2026 Daily
AVSE · AMERICAN CENTURY ETF TRUST 0.02% 4,945 NS May 31, 2026 N-PORT
APIE · Trust for Professional Managers 0.02% 18,173 NS May 31, 2026 N-PORT
DFEM · Dimensional ETF Trust 0.02% 169,873 NS April 30, 2026 N-PORT
DFAE · Dimensional ETF Trust 0.02% 170,629 NS April 30, 2026 N-PORT
DFAX · Dimensional ETF Trust 0.01% 159,554 NS April 30, 2026 N-PORT
VSS · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 236,445 SH Aug. 8, 2026 Daily
IEMG · iShares, Inc. 0.01% 1,620,056 SH Aug. 8, 2026 Daily
TLTE · FlexShares Trust 0.01% 2,520 NS April 30, 2026 N-PORT
ONEQ · Fidelity Commonwealth Trust 0.00% 47,998 NS May 31, 2026 N-PORT
IXUS · iShares Trust 0.00% 191,342 SH Aug. 8, 2026 Daily
AVES · AMERICAN CENTURY ETF TRUST 0.00% 1,416 NS May 31, 2026 N-PORT
VXUS · VANGUARD STAR FUNDS 0.00% 897,150 SH Aug. 8, 2026 Daily
VWO · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 854,763 SH Aug. 8, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 42,122 SH Aug. 8, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.00% 13,329 SH Aug. 8, 2026 Daily
FTLS · First Trust Exchange-Traded Fund III -0.04% -97,658 NS April 30, 2026 N-PORT