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Stock impact report

VNET Group Inc (VNET) Achieves High Growth on AI-Driven Demand [Yahoo! Finance]

VNET Group, Inc. - American Depositary Shares (VNET) 
Last vnet group, inc. - american depositary shares earnings: 8/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.21vianet.com
Company Research Source: Yahoo! Finance
its price target for VNET Group Inc (NASDAQ:VNET) to $23.55 from $22.12. The price target hike followed senior vice president Pete Zhihua Zhang's reiteration that the company continues to achieve high-quality growth amid strong AI-driven demand. VNET Group Inc (VNET) Achieves High Growth on AI-Driven Demand The remarks follow a strong 2025, during which the company achieved its 2025 delivery plan, delivering a record 404MW. Fourth quarter revenue was up 19.6% to $384.2 million, driven by a 23.7% increase in IDC revenues to $288.3 million. Full-year revenue was up 20.5% to $1.42 billion. Fourth quarter adjusted EBITDA was up 11.6% to $115.1 million, as full year adjusted EBITDA increased 22.6% to $425.9 million. For the full year 2026, VNET Group estimates revenue growth of between 15.6% and 18.6%, to between RMB11.5 billion and RMB11.8 billion. The company also expects 450 to 500 megawatts of growth in 2026 compared to 404 megawatts last year. “As a leading player, we remain f Show less Read more
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