VNET Group Reports Strong Q1 2025 Financial Results

VNET Group, Inc. Sponsored ADR ( (VNET) ) has shared an announcement.

On May 28, 2025, VNET Group, Inc. reported its unaudited financial results for the first quarter ending March 31, 2025. The company experienced significant growth, with total net revenues rising by 18.3% year over year to RMB2.25 billion, driven by an 86.5% increase in wholesale revenues. The company’s adjusted EBITDA also saw a 26.4% increase, reflecting enhanced margins and strong execution of its dual-core strategy. VNET’s wholesale IDC business showed robust performance, with wholesale capacity in service increasing by 88MW and utilized capacity reaching 437MW. The company continues to leverage its data center network to support China’s digital economy, focusing on sustainable growth and long-term value for stakeholders.

The most recent analyst rating on (VNET) stock is a Buy with a $6.69 price target. To see the full list of analyst forecasts on VNET Group, Inc. Sponsored ADR stock, see the VNET Stock Forecast page.

Spark’s Take on VNET Stock

According to Spark, TipRanks’ AI Analyst, VNET is a Neutral.

VNET’s overall stock score reflects positive earnings call outcomes and improved financial performance, tempered by high leverage and negative cash flow. Technical indicators and valuation concerns further moderate the score.

To see Spark’s full report on VNET stock, click here.

More about VNET Group, Inc. Sponsored ADR

VNET Group, Inc. is a leading provider of carrier- and cloud-neutral internet data center services in China. The company focuses on delivering high-performance data center solutions to meet the increasing demands of customers across various sectors, including internet, finance, local services, intelligent driving, and gaming.

Average Trading Volume: 8,953,804

Technical Sentiment Signal: Hold

Current Market Cap: $1.62B

Find detailed analytics on VNET stock on TipRanks’ Stock Analysis page.