VNET Similar Chart Price Prediction
The price of VNET is predicted to go up -0.3%, based on the high correlation periods with RES. The similarity of these two price pattern on the periods is 98.57%.
VNET
RES
Down: -0.3%Similarity: 98.57%
VNET Revenue Forecast
VNET EPS Forecast
VNET FAQs
What is bull’s view on VNET?
What is bear's view on VNET?
VNET VS S&P500
VNET's rapid expansion leaves it well positioned to capitalize on the huge demand for data centers brought on by cloud usage and a more data-dependent world.
The Internet of Things, artificial intelligence, and other innovations that increase the demand for data and connectivity leave us in the early innings of a data center renaissance.
We believe VNET's large retail customer base will be less likely to churn and therefore allow higher margins than its wholesale base.
VNET Analyst's Forecast
James Wang
UBS
Strong Buy
2024-11-29
Price Target
$6.4 → $7
Upside
+80.41%
UBS raised the firm's price target on VNET Group to $7 from $6.40 and keeps a Buy rating on the shares after hosting meetings with management. Given strong demand, VNET has established three campuses in Ulanqab, Huailai and Taicang, the analyst tells investors in a research note. The firm says that although pricing remains stable, as its customer base is concentrated, project return is improving.
