In the last trading session, 2.69 million VNET Group Inc ADR (NASDAQ:VNET) shares changed hands as the company’s beta touched 0.15. With the company’s per share price at $6.30 changed hands at -$0.13 or -2.02% during last session, the market valuation stood at $1.66B. VNET’s last price was a discount, traded about -156.03% off its 52-week high of $16.13. The share price had its 52-week low at $1.71, which suggests the last value was 72.86% up since then.
Analysts gave the VNET Group Inc ADR (VNET) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.14. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended VNET as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
VNET Group Inc ADR (NASDAQ:VNET) trade information
Instantly VNET was in red as seen at the end of in last trading. With action -12.86%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 32.91%, with the 5-day performance at -12.86% in the red. However, in the 30-day time frame, VNET Group Inc ADR (NASDAQ:VNET) is 25.50% up.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 10.0% from its current market value. According to analyst projections, VNET’s forecast low is 7 with 7 as the target high. To hit the forecast high, the stock’s price needs a -11.11% plunge from its current level, while the stock would need to soar -11.11% for it to hit the projected low.
VNET Group Inc ADR (VNET) estimates and forecasts
The 2025 estimates are for VNET Group Inc ADR earnings to increase by 137.74%, but the outlook for the next 5-year period is at 94.79% per year.
VNET Group Inc ADR (NASDAQ:VNET)’s Major holders
BLACKSTONE INC. holds the second largest percentage of outstanding shares, with 3.9796% or 10.4 million shares worth $21.84 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd. With 1.89 shares estimated at $11.9 million under it, the former controlled 0.72% of total outstanding shares. On the other hand, VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd held about 0.63% of the shares, roughly 1.65 shares worth around $10.42 million.
