VNET Group stock carries a USD 16.90 consensus target

Published on 10/07/2026 at 07:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

VNET Group stock stood at USD 5.40 on October 6, 2026, while six analysts set a Moderate Buy consensus. Q2 revenue rose 14.2 percent to RMB 2.78 billion.

VNET, US90138A1034, Illustration mit AI erstellt.

VNET Group (ISIN US90138A1034) was last at USD 5.40 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, down 0.83 percent from the prior session's USD 5.45. The six-analyst consensus is Moderate Buy with an average 12-month target of USD 16.90, putting the target 213.0 percent above the last price, according to MarketBeat on September 28, 2026.

Q2 growth sets the operating baseline

VNET's second-quarter 2026 revenue increased 14.2 percent year over year to RMB 2.78 billion, while adjusted EBITDA rose 25.4 percent to RMB 918.3 million, according to Yahoo Finance in the Q2 2026 earnings transcript. Wholesale revenue grew 29.3 percent to RMB 1.10 billion, making that business the clearest numerical driver of the quarter.

The same transcript said adjusted EBITDA margin reached 33.0 percent, up from 30.1 percent in the year-earlier quarter. VNET also reiterated full-year 2026 guidance for revenue of RMB 11.5 billion to RMB 11.8 billion and adjusted EBITDA of RMB 3.55 billion to RMB 3.75 billion.

Strategic ownership changes the backdrop

On September 21, 2026, PJ Millennium affiliates completed the purchase of 650,424,192 Class A ordinary shares, giving the buyers a 38.1 percent stake based on 1,708,970,760 shares outstanding at June 30, 2026, as reported by SignalNews from the company release.

The ownership transaction is separate from quarterly operating performance, but it gives the analyst view a strategic backdrop. The market is weighing faster wholesale growth against the company's reported second-quarter net loss of USD 20.5 million in the standardized financial data for the period ended June 30, 2026.

Targets sit above a wide valuation gap

MarketBeat's consensus includes four Buy ratings, one Hold and one Sell from six covering analysts. The USD 16.90 average target is materially above the USD 5.40 last price, while the current quote sits between the 52-week low of USD 5.10 and high of USD 14.48.

That spread makes execution the central issue for VNET Group stock. Revenue growth and adjusted EBITDA expansion provide measurable support, while the negative quarterly net result leaves profitability as a separate checkpoint for the next report.

VNET Group stock stays near its yearly low

VNET Group was last at USD 5.40 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, with a market capitalization of USD 1.5 billion and volume of 7,131,732 shares.