Key Takeaways:
- VNET Group's first-quarter earnings report is anticipated for May 28, with expectations of a 150% increase in earnings per share (EPS).
- The stock's average price target suggests significant growth potential, with a projected upside of over 139% from current levels.
- VNET Group holds an "Outperform" rating from analysts, although GuruFocus indicates potential downside relative to its GF Value estimate.
Introduction to VNET's Earnings Outlook
VNET Group (VNET, Financial) is on investors' radar as it prepares to reveal its first-quarter earnings on May 28. Analysts are forecasting earnings per share of $0.01, marking a remarkable year-over-year increase of 150%. Additionally, revenue is expected to climb 17.4% to reach $308.52 million. Historically, VNET has been a company that often beats expectations, exceeding earnings projections 38% of the time and revenue forecasts 63% of the time.
Wall Street Analysts Forecast
The consensus among 11 analysts sets the average one-year price target for VNET Group Inc (VNET, Financial) at $14.44. This includes a high estimate of $20.93 and a low of $10.00, indicating a potential upside of 139.18% from the current trading price of $6.04. For more detailed forecast data, visit the VNET Group Inc (VNET) Forecast page.
Brokerage Recommendations
A consensus from 12 brokerage firms delivers VNET Group Inc's (VNET, Financial) average recommendation at 1.7, categorized as "Outperform." This scale ranges from 1, representing a Strong Buy, to 5, indicating a Sell recommendation.
GF Value Estimation
Based on GuruFocus estimates, the one-year GF Value for VNET Group Inc (VNET, Financial) stands at $2.58. This estimate points to a potential downside of 57.26% from its current price of $6.0365. The GF Value is a calculation of the fair value the stock should trade at, considering historical multiples, past business growth, and projected future performance. For more extensive data, explore the VNET Group Inc (VNET) Summary page.
