VNET Group Inc has a consensus price target of $14.11, established from looking at the 9 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, HSBC, and Credit Suisse on March 19, 2024, June 12, 2023, and September 1, 2022. With an average price target of $2.93 between B of A Securities, HSBC, and Credit Suisse, there's an implied 85.65% upside for VNET Group Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/19/2024 | VNET | Buy Now | VNET Gr | $1.58 | — | B of A Securities | Daley Li | — | Upgrade | Neutral → Buy | Get Alert |
06/12/2023 | VNET | Buy Now | VNET Gr | $1.58 | 83.54% | HSBC | Helen Fang | $6.6 → $2.9 | Downgrade | Buy → Hold | Get Alert |
09/01/2022 | VNET | Buy Now | VNET Gr | $1.58 | 273.42% | Credit Suisse | Clive Cheung | $7.2 → $5.9 | Downgrade | Outperform → Neutral | Get Alert |
05/17/2022 | VNET | Buy Now | VNET Gr | $1.58 | 418.99% | Credit Suisse | Clive Cheung | $10.8 → $8.2 | Maintains | Outperform | Get Alert |
11/22/2021 | VNET | Buy Now | VNET Group | $1.58 | 1001.27% | HSBC | Helen Fang | — | Upgrade | Hold → Buy | Get Alert |
11/19/2021 | VNET | Buy Now | VNET Group | $1.58 | 627.85% | Goldman Sachs | Tina Hou | — | Downgrade | Buy → Sell | Get Alert |
10/11/2021 | VNET | Buy Now | 21Vianet Group | $1.58 | 1070.89% | HSBC | — | — | Initiates | → Hold | Get Alert |
08/25/2021 | VNET | Buy Now | 21Vianet Group | $1.58 | 1988.61% | Citigroup | Arthur Lai | — | Maintains | Buy | Get Alert |
08/17/2021 | VNET | Buy Now | 21Vianet Group | $1.58 | 1608.86% | JP Morgan | — | — | Initiates | → Overweight | Get Alert |
The latest price target for VNET Gr (NASDAQ: VNET) was reported by B of A Securities on March 19, 2024. The analyst firm set a price target for $0.00 expecting VNET to fall to within 12 months (a possible -100.00% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for VNET Gr (NASDAQ: VNET) was provided by B of A Securities, and VNET Gr upgraded their buy rating.
The last upgrade for VNET Group Inc happened on March 19, 2024 when B of A Securities raised their price target to N/A. B of A Securities previously had a neutral for VNET Group Inc.
The last downgrade for VNET Group Inc happened on June 12, 2023 when HSBC changed their price target from $6.6 to $2.9 for VNET Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of VNET Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for VNET Gr was filed on March 19, 2024 so you should expect the next rating to be made available sometime around March 19, 2025.
While ratings are subjective and will change, the latest VNET Gr (VNET) rating was a upgraded with a price target of $0.00 to $0.00. The current price VNET Gr (VNET) is trading at is $1.58, which is out of the analyst’s predicted range.
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