VNET Stock Summary and Trading Ideas (Vnet Group - American Depositary Shares | NASDAQ:VNET)

VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of September 2025, it had 52,288 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 783 MW of wholesale capacity in service, with a further 306 MW under construction and a further 705 MW held for future development.

Vnet Group - American Depositary Shares trades on the NASDAQ stock market under the symbol VNET.

As of December 12, 2025, VNET stock price declined to $9.18 with 3,187,437 million shares trading.

VNET has a beta of 2.24, meaning it tends to be more sensitive to market movements. VNET has a correlation of 0.16 to the broad based SPY ETF.

VNET has a market cap of $2.45 billion. This is considered a Mid Cap stock.

Last quarter Vnet Group - American Depositary Shares reported $363 million in Revenue and -$.16 earnings per share. This beat revenue expectation by $32 million and missed earnings estimates by -$.17.

In the last 3 years, VNET traded as high as $16.13 and as low as $1.39.

The top ETF exchange traded funds that VNET belongs to (by Net Assets): DTCR, IEMG, VXUS, VWO, CLOU.

VNET has outperformed the market in the last year with a price return of +123.4% while the SPY ETF gained +14.0%. However, in the short term, VNET had mixed performance relative to the market. It has underperformed in the last 3 months, returning -4.1% vs +4.0% return in SPY. But in the last 2 weeks, VNET shares have fared better than the market returning +2.7% compared to SPY -0.2%.

VNET support price is $8.84 and resistance is $9.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VNET shares will trade within this expected range on the day.