VNET closes 38.1 percent stake deal. MarketBeat sets USD 16.90 target for VNET stock

Published on 10/25/2026 at 13:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 14.2 percent to RMB 2.78 billion. The 38.1 percent deal keeps ownership central to VNET stock analysis.

Ownership and earnings pressure

VNET Group closed its strategic investment on September 21, 2026, involving 38.1 percent of the company.
Second-quarter 2026 revenue rose 14.2 percent to RMB 2.78 billion, while the net loss widened to RMB 144.7 million.
VNET Group had a USD 1.0 billion market capitalization and a USD 3.62 to USD 14.48 52-week range as of October 23, 2026.

VNET, US90138A1034, Illustration mit AI erstellt.

VNET Group (ISIN US90138A1034) closed a strategic investment involving 38.1 percent of the company on September 21, 2026, according to VNET Group, Inc. MarketBeat reported a consensus target of USD 16.90 from six analysts on October 23, 2026, giving the ownership event a valuation backdrop.

Stake deal sets the chronology

The transaction is the latest major corporate milestone cited in the available company materials. Buyers took 650,424,192 Class A shares in the September 21 closing, according to VNET Group, Inc.

The operating timeline is more demanding. VNET reported second-quarter 2026 revenue of RMB 2.78 billion, up 14.2 percent from RMB 2.43 billion in the second quarter of 2025. Wholesale data center capacity reached 1,007 megawatts, while wholesale IDC revenue reached RMB 1.10 billion, or 39.8 percent of total net revenue, according to Simply Wall St.

What does the loss mean for margins?

Scale has not yet translated into stronger profitability. The net loss widened to RMB 144.7 million in the second quarter of 2026 from a RMB 12.2 million loss a year earlier, while the net margin moved from negative 0.5 percent to negative 5.2 percent, Simply Wall St reported on October 24, 2026.

MarketBeat said VNET missed the second-quarter adjusted earnings-per-share estimate, reporting a loss of USD 0.06 against a USD 0.02 expected loss. The same report put the debt-to-equity ratio at 4.35 and said four of six analysts held buy ratings, with one hold and one sell.

Next reporting date is November 19

VNET's next earnings date is listed as November 19, 2026, by Kaplio. The date matters because the next report will test whether the 14.2 percent revenue increase is beginning to narrow the profitability gap.

Nasdaq valuation remains compressed

VNET Group had a market capitalization of USD 1.0 billion on October 23, 2026. Its Nasdaq 52-week range was USD 3.62 to USD 14.48 on that date, while the USD 16.90 consensus target reported by MarketBeat stood above the quoted range.

The last Nasdaq session value was USD 3.71 on October 23, 2026 at 4:00 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of VNET stock.