VNET Group Inc (VNET) Price

The P/E ratio of VNET Group Inc is 80.3159

The current price of VNET is 10.03, it has increased 0.85% in the last trading day.

VNET Group Inc belongs to Technology industry and the sector is Information Technology

VNET Group Inc's current market cap is $2.6

According to wall street analysts, 15 analysts have made analyst ratings for VNET Group Inc, including 6 strong buy, 12 buy, 1 hold, 0 sell, and 6 strong sell

Looks like you're late to the party, fren. VNET is pumping today because it's still riding the high from its stellar Q2 earnings report, where the AI narrative sent it flying[^0^]. The stock is up over 5% and is currently testing a key daily resistance level, making this a make-or-break moment for the short-term trend[^0^].

Here’s the alpha on why VNET is on the move and what to watch for:

• Fundamental Catalyst: The AI Hype is Real The main driver behind this momentum is the company's Q2 2025 earnings report from late August. They didn't just beat revenue estimates; they smashed them with a 22% year-over-year increase[^0^]. The market ate up the news that this growth was fueled by massive demand from AI customers for their data centers. On top of that, they announced a US$50 million share buyback program, signaling confidence to investors[^0^].

• Social Proof: Wall Street is Bullish Analysts are overwhelmingly positive on VNET. It currently holds a "STRONG_BUY" consensus rating, with 18 out of 19 analysts rating it a Buy or Strong Buy[^0^]. The mean price target is sitting at $14.11, which suggests nearly 50% upside from its current price of around $9.57[^0^]. When the suits agree, it's worth paying attention.

• Technical Picture: The Battle at Resistance Let's look at the chart, because that's where the money is made or lost.

  • The Level to Watch: VNET is currently fighting a crucial daily resistance level at $9.71[^0^]. Today's high was $9.70, meaning it tapped that level and has so far been rejected[^0^]. A clean break and close above this price is a strong bullish signal.
  • Short-Term Momentum: On the hourly chart, the price is comfortably above both the 20-hour ($9.37) and 50-hour ($8.81) moving averages, confirming the strong intraday trend[^0^].
  • RSI Check: The hourly RSI is at 66.3, which is bullish but approaching overbought territory[^0^]. This suggests that while momentum is strong, the stock might need to cool off or consolidate if it can't break resistance soon.

The play here is simple: watch the $9.71 level. A decisive close above it could trigger the next leg up toward the next major resistance at $13.18[^0^]. If it gets rejected hard, expect a pullback.

Seriously, you can't just ape into a green candle. Set up alerts on Edgen Radar for key levels like this so you're ready before the move happens.